Malawi: Icon Properties Says Shoprite Exit Is Part of Natural Change

Malawi: Icon Properties Says Shoprite Exit Is Part of Natural Change

Icon Properties plc says the exit of Shoprite from Chichiri Shopping Centre in Blantyre is part of a natural change in the retail business and marks the end of a long and important partnership.

Icon Properties: Shoprite Departure Spurs Opportunity in Malawi's Evolving Market

Key Business Points Msika ukusintha: Vacant prime retail space at Chichiri Shopping Centre opens doors for new businesses to fill gaps left by major retailers. Adapt to fluctuations: Persistent forex […] The post Icon Properties: Shoprite Departure Spurs Opportunity in Malawi’s Evolving Market appeared first on Business Malawi.

Shoprite exits Chichiri Mall, Icon promises new partner

Icon Prop­er­ties plc, owner of Chichiri Shop­ping Centre, has announced the exit of one of its key ten­ants, Shop­rite, at its Chichiri Shop­ping Mall. Shop­rite closed its oper­a­tions at the mal…

Icon Properties says Shoprite exit reflects natural evolution

Icon Properties plc says the exit of Shoprite, one of its main tenants at Chichiri Shopping Centre in Blantyre, reflects the natural evolution in the retail landscape and allows the firm to celebrate a 24-year partnership.  In August last year, South Africa-based Shoprite Holdings Limited divested its operations in Malawi and Ghana, extending a multi-year retreat from African markets outside South Africa as the retailer focused on more stable an…