Kingdom Meikles Africa Limited has entered into a joint venture with South African retailer Pick ‘n’ Pay in a deal which the company says will enable it to procure products for it’s retail business. The first consignment of goods from South Africa was expected this week.
The synergy with Pick ‘n’ Pay “would improve volumes and increase retail capacity at all our branches,” said Mr Dave Mills, Executive Director, Finance and Administration at Kingdom Meikles.
Kingdom Meikles Africa Limited Group Chief executive, Nigel Chanakira emphasised that hinted that the group would soon launch the department stores commercially and an announcement will be made when the group is ready.
The joint venture will also have a Zimbabwe-specific Internet website for online shoppers.
Kingdom Meikles Africa Limited retail chain includes TM Supermarkets, Clicks, and Meikles, Barbours and Greatermans departmental stores.
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