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Mall developers feel the pull of Africa’s consumer boom
By Matthew Bigg and Tiisetso Motsoeneng When Wal-Mart Stores (WMT.N), the world’s top retailer, bought control of major South African discount chain Massmart Holdings (MSMJ.J) in 2011, American shopping mall developer Irwin Barkan had an epiphany. An industry veteran of 30 years, Barkan’s … Continue reading
Posted in News from the Soul Brother
Tagged Africa, consumer, Economic growth, Ghana, malls, Massmart, retail, South Africa, Walmart, World Bank
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