Well-known shopping mall revamped with modern Checkers, Pick n Pay, and Woolworths stores

• Irene Village Mall now has a Checkers, Pick n Pay, and Woolworths competing within the same centre.
• The refurbishment is a result of a recent Competition Commission market inquiry that introduced a major change allowing multiple anchor tenants to operate within the same centre, phasing out exclusive leases.
• The presence of three major retailers in the same mall may lead to increased competition, potentially affecting the success of all three stores, as predicted by Otto1890 senior equity analyst Alec Abraham.