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spur's been range bound since the rand started moving. franchisees are hurting with load-shedding and foot…by @tsquared_jse on $SUR

TS
tsquared@tsquared_jse·Bullish

spur's been range bound since the rand started moving. franchisees are hurting with load-shedding and foot traffic down, margins getting squeezed hard. compare that to shoprite or pick n pay, they at least got the volume to absorb costs. sur's got what, 150 outlets? not enough scale when consumer's cutting back on eating out.

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