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Read the case study below and answer ALL the questions that follow. Why SA's food prices remain sticky. fFigure 1: Gross margins of JSE-Listed grocery

Read the case study below and answer ALL the questions that follow.

Why SA's food prices remain sticky.

\fFigure 1: Gross margins of JSE-Listed grocery retailers 30% 25% 20% 15% 10% 5% 0% Pick'n Pay Group Shoprite Holdings Woolworths Holdings (Food) Spar Group 20 19 2020 2021 2022 2023

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