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Published on 2024-07-24 17:00:00
The Ohlthaver & List Group (O&L), which previously had shops under the name Model Supermarket, is planning on opening its own supermarkets after announcing plans to terminate its franchise agreement with Pick n Pay South Africa.
According to O&L executive chairman Sven Thieme, the current business model is unsustainable, which prompted the decision to part ways with Pick n Pay.
Thieme says a new business model has to be in place to guarantee the future of employees.
“We’re…
Read the Full article on The Namibian
