The DIY and home improvement market in South Africa is substantial. Using Stats SA trade sales data, it can be roughly estimated to represent around 8% of the total retail market in South Africa. Within this space, there are DIY-focused players (like Build-it which is owned by Spar), wholesale-focused companies (like Cashbuild) and those who follow more of a hybrid …
View PostThe DIY and home improvement market in South Africa is substantial. Using Stats SA trade sales data, it can be roughly estimated to represent around 8% of the total retail market in South Africa. Within this space, there are DIY-focused players (like Build-it which is owned by Spar), wholesale-focused companies (like Cashbuild) and those who follow more of a hybrid …
View PostIn challenging times, companies often decide to stick to their knitting. They dispose of non-core businesses, especially when those businesses are underperforming and are dragging on shareholder returns. The cash is often used to pay down debt, de-risk the group and allow for complete focus on what the group is actually good at. This exact playbook has been used by …
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