Many of the continent's largest retailers are dialing back their expansion plans and looking to make smaller advances closer to home. In a year that saw many African retailers pushing ahead with plans to expand on the back of growing consumer demand, 2013 was tempered by tougher conditions for consumers in the continent's biggest market, South Africa.
While the honeymoon is not yet over, a degree of reality has certainly appeared in the valuations of retailers listed on the Johannesburg
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