• About
  • Privacy Policy
  • Contact
Vutivi Business News
  • Home
  • SMME News
    Naspers invests R40 million in agriculture start-up

    Former handyman starting to make strides in the gaming industry

    Naspers invests R40 million in agriculture start-up

    Naspers invests R40 million in agriculture start-up

    National Youth Development strategy nearing completion

    New forum to boost informal economy

    Naspers invests R40 million in agriculture start-up

    Portrait painter uses social media to grow his business.

    Fast food business flourishes during lockdown

    Sponsored small businesses to benefit from growth initiative

    Fast food business flourishes during lockdown

    International agency to help SA women entrepreneurs

    Trending Tags

    • farming
    • Electricity
    • Finance
    • Innovation
    • Tourism
    • e-commerce
    • Job Creation
    • Informal Economy
    • Stokvel
  • Finance
    Bounce Back Support Scheme in full effect: Treasury

    Bounce Back Support Scheme in full effect: Treasury

    Vutivi News doing its part to help small businesses grow

    SEDA sets aside money for incubators and tech SMMEs

    A R450m fund to boost township economy

    A R450m fund to boost township economy

    Much more needed in SMME investment: Ndabeni-Abrahams

    Be job creators, not job seekers,” urges Minster of small business

    Finance regulator is discussing how to transform the sector

    Finance regulator is discussing how to transform the sector

    SME finance providers included as Bounce back scheme financiers

    SME finance providers included as Bounce back scheme financiers

  • Agriculture
    New plan for agriculture includes small businesses

    New plan for agriculture includes small businesses

    Fast food business flourishes during lockdown

    Limpopo farmer wants to commercialise community land

    KZN business suffers heavy toll from floods, decries lack of support

    KZN business suffers heavy toll from floods, decries lack of support

    KZN business suffers heavy toll from floods, decries lack of support

    Friends and business partners forge a future together for their families

    Printing company helps small transport businesses

    Association calls for scrapping of poultry tariffs

    Illegal chicken trade must stop: Baird

    Small farmers cannot afford to fix SA’s road infrastructure

  • Tourism
    Africa tourism must be boosted: Sisulu

    Africa tourism must be boosted: Sisulu

    SMMEs magic formula is all about friendship and adventure

    SMMEs magic formula is all about friendship and adventure

    SMMEs get ready for UK tourists

    SMMEs get ready for UK tourists

    African hybrid tourism summit discusses reviving the sector

    African hybrid tourism summit discusses reviving the sector

    Tourism business boosted by cheque from eThekwini

    Tourism business boosted by cheque from eThekwini

    Researcher warns that support for tourism sector will decimate SMMEs

    Researcher warns that support for tourism sector will decimate SMMEs

  • Innovation
    Printing company helps small transport businesses

    Thumbs up for new Free State digital hub

    The sweet smell of success

    The sweet smell of success

    How a small business should recruit staff

    Young entrepreneur brings e-commerce to small-scale farmers

    Local ISP provider encourages small business owners to develop their skills

    Local ISP provider encourages small business owners to develop their skills

    An e-hailing app to compete with the best

    An e-hailing app to compete with the best

    Hospitality programme calls on consumers to SMMEs

    Childhood dreams come true for Mamelodi entrepreneur

No Result
View All Result
  • Home
  • SMME News
    Naspers invests R40 million in agriculture start-up

    Former handyman starting to make strides in the gaming industry

    Naspers invests R40 million in agriculture start-up

    Naspers invests R40 million in agriculture start-up

    National Youth Development strategy nearing completion

    New forum to boost informal economy

    Naspers invests R40 million in agriculture start-up

    Portrait painter uses social media to grow his business.

    Fast food business flourishes during lockdown

    Sponsored small businesses to benefit from growth initiative

    Fast food business flourishes during lockdown

    International agency to help SA women entrepreneurs

    Trending Tags

    • farming
    • Electricity
    • Finance
    • Innovation
    • Tourism
    • e-commerce
    • Job Creation
    • Informal Economy
    • Stokvel
  • Finance
    Bounce Back Support Scheme in full effect: Treasury

    Bounce Back Support Scheme in full effect: Treasury

    Vutivi News doing its part to help small businesses grow

    SEDA sets aside money for incubators and tech SMMEs

    A R450m fund to boost township economy

    A R450m fund to boost township economy

    Much more needed in SMME investment: Ndabeni-Abrahams

    Be job creators, not job seekers,” urges Minster of small business

    Finance regulator is discussing how to transform the sector

    Finance regulator is discussing how to transform the sector

    SME finance providers included as Bounce back scheme financiers

    SME finance providers included as Bounce back scheme financiers

  • Agriculture
    New plan for agriculture includes small businesses

    New plan for agriculture includes small businesses

    Fast food business flourishes during lockdown

    Limpopo farmer wants to commercialise community land

    KZN business suffers heavy toll from floods, decries lack of support

    KZN business suffers heavy toll from floods, decries lack of support

    KZN business suffers heavy toll from floods, decries lack of support

    Friends and business partners forge a future together for their families

    Printing company helps small transport businesses

    Association calls for scrapping of poultry tariffs

    Illegal chicken trade must stop: Baird

    Small farmers cannot afford to fix SA’s road infrastructure

  • Tourism
    Africa tourism must be boosted: Sisulu

    Africa tourism must be boosted: Sisulu

    SMMEs magic formula is all about friendship and adventure

    SMMEs magic formula is all about friendship and adventure

    SMMEs get ready for UK tourists

    SMMEs get ready for UK tourists

    African hybrid tourism summit discusses reviving the sector

    African hybrid tourism summit discusses reviving the sector

    Tourism business boosted by cheque from eThekwini

    Tourism business boosted by cheque from eThekwini

    Researcher warns that support for tourism sector will decimate SMMEs

    Researcher warns that support for tourism sector will decimate SMMEs

  • Innovation
    Printing company helps small transport businesses

    Thumbs up for new Free State digital hub

    The sweet smell of success

    The sweet smell of success

    How a small business should recruit staff

    Young entrepreneur brings e-commerce to small-scale farmers

    Local ISP provider encourages small business owners to develop their skills

    Local ISP provider encourages small business owners to develop their skills

    An e-hailing app to compete with the best

    An e-hailing app to compete with the best

    Hospitality programme calls on consumers to SMMEs

    Childhood dreams come true for Mamelodi entrepreneur

No Result
View All Result
Vutivi Business News
No Result
View All Result
Home Home Page

Supermarket chains start agreeing to end exclusive mall deals

Tebogo Mokwena by Tebogo Mokwena
Oct 23, 2020
in Home Page, Small Business
21 0
0
Supermarket chains start agreeing to end exclusive mall deals

A Pick n Pay store in Sanlam Centre in Cape Town Photos by Chris Bloom/Flickr

4
SHARES
25
VIEWS
Share on FacebookShare on Twitter

The way supermarket chains operate in malls, townships and rural areas is starting to change to allow SMMEs and informal businesses to participate fairly in the retail sector.
This is according to the final report of the Competition Commission’s Grocery Retail Market Inquiry. The report was released in November 2019, and one of its objectives was to examine the impact that national supermarket chains have on smaller and independent retailers.
The inquiry found that Shoprite, Pick n Pay, Spar and Woolworths behave in a manner that makes it extremely difficult for informal and independent retail stores to compete with them.
This especially relates to how these small businesses have access to shopping centres, which could potentially create massive growth for their businesses.
“Small and independent retailers used to be the main suppliers that serviced rural and peri-urban areas before shopping malls greatly expanded, causing people to rely more on the malls and less on the independent retailers,” the report reads.
“Although there might be low barriers to starting survivalist informal spaza shops, there are significant challenges to building them into thriving, competitive businesses that can enter higher value segments and receiving tenancy in shopping malls.”

READ MORE: Big business will no longer bully SMMEs

The Commission said that making markets more inclusive was not only a social imperative, but also provided a platform for more competitive markets, which benefited consumers.
The report said that bargaining power was unfairly tipped in favour of national supermarkets, because of lease agreements between businesses and property developers in townships and rural areas.
“National supermarket chains took advantage of the fact that financiers typically require property developers to secure national supermarket chains as anchor tenants that will remain operational for the duration of the loan repayment period of ten years before financing a development
“They did this by requiring exclusivity and claiming that this is to protect their investment.
“In essence the current exclusive leases prevent emerging chains from developing to the point where they can suitably play the anchor tenant role in new developments, which means that the same four retail chains are the only candidates,” the document reads.
Recommendations included that national supermarket chains must stop enforcing exclusivity provisions in their lease agreements against SMMEs, specialty stores and other grocery retailers in shopping centres.
Earlier this year Shoprite Checkers was the first retailer to sign a consent agreement with the Commission Tribunal to stop these practices. This week Pick n Pay agreed to eliminate exclusive lease agreements in malls.

FacebookTweetPinLinkedInEmail
Tags: Competition Commission and supermarketsNational supermarketsPick n PayShopping centresSpaza shops
Tebogo Mokwena

Tebogo Mokwena

  • Trending
  • Comments
  • Latest
Hospitality programme calls on consumers to SMMEs

Soshanguve woodworker has massive goals for his business

Jan 13, 2022
Limpopo businessman tells entrepreneurs to never undermine their work

Limpopo businessman tells entrepreneurs to never undermine their work

Dec 15, 2021
Business is booming for new Rustenburg chicken farmer

Business is booming for new Rustenburg chicken farmer

Dec 9, 2021
How to set up your own poultry farming operation

How to set up your own poultry farming operation

Feb 17, 2022
Naspers invests R40 million in agriculture start-up

Former handyman starting to make strides in the gaming industry

0
Innovative e-commerce approaches can help small businesses in Africa

Innovative e-commerce approaches can help small businesses in Africa

0
Power of branding important for SMMEs

Power of branding important for SMMEs

0
Popular Vilakazi Street slowly returning to normal

Popular Vilakazi Street slowly returning to normal

0
Naspers invests R40 million in agriculture start-up

Former handyman starting to make strides in the gaming industry

May 19, 2022
Naspers invests R40 million in agriculture start-up

Naspers invests R40 million in agriculture start-up

May 19, 2022
National Youth Development strategy nearing completion

New forum to boost informal economy

May 19, 2022
New plan for agriculture includes small businesses

New plan for agriculture includes small businesses

May 20, 2022

Recent News

Naspers invests R40 million in agriculture start-up

Former handyman starting to make strides in the gaming industry

May 19, 2022
176
Naspers invests R40 million in agriculture start-up

Naspers invests R40 million in agriculture start-up

May 19, 2022
76
National Youth Development strategy nearing completion

New forum to boost informal economy

May 19, 2022
33
New plan for agriculture includes small businesses

New plan for agriculture includes small businesses

May 20, 2022
25
Vutivi Business News

We serve the Small Medium Micro Enterprises in the form of writing stories that will be informative about their sector.

Follow Us

Browse by Category

  • Agriculture
  • Analysis
  • COVID Related
  • Feature Post
  • Finance
  • Home Page
  • Innovation
  • Opinions
  • Resources
  • Small Business
  • Tourism

Recent News

Naspers invests R40 million in agriculture start-up

Former handyman starting to make strides in the gaming industry

May 19, 2022
Naspers invests R40 million in agriculture start-up

Naspers invests R40 million in agriculture start-up

May 19, 2022
  • About
  • Privacy Policy
  • Contact

© 2021 Vutivi Business News - Empowering Small Business.

No Result
View All Result

© 2021 Vutivi Business News - Empowering Small Business.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Share this ArticleLike this article? Email it to a friend!

Email sent!