Advertise with fastmoving.co.za
 
 

RETAILER NEWS

Subscribe to Retailer News

Cocoa industry under attack for failing to act on child labour

Cocoa industry under attack for failing to act on child labour

20/04/2018 - 08:31
The cocoa industry is nowhere close to meeting its commitments to reducing child labour and environmental degradation and, in the top growers, the number of children working to produce the chocolate ingredient is actually increasing, according to a report. read more
CNA and Edgars get logo and layout facelifts

CNA and Edgars get logo and layout facelifts

20/04/2018 - 08:04
Edcon’s Grant Pattison has been putting together and implementing a turnaround strategy for the group. read more
Nestlé confirms outlook as volume growth picks up

Nestlé confirms outlook as volume growth picks up

19/04/2018 - 12:15
Food group Nestlé confirmed its full-year guidance after organic sales growth accelerated to 2.8 percent in the first quarter of 2018, helped by improving volumes. read more
Pioneer expects solid recovery from last year’s torrid first half

Pioneer expects solid recovery from last year’s torrid first half

19/04/2018 - 11:35
Earnings rose as much as 32%, and although revenue dipped, sales volumes rose and market share of some if its main brands either grew or was stable. read more
Retail sales growth increases 4.9% in February, says Stats SA

Retail sales growth increases 4.9% in February, says Stats SA

19/04/2018 - 10:55
Retail sales growth increased 4.9% in February from the same month in 2017, Statistics SA reported.  read more
Clicks Group to invest R700m in its stores

Clicks Group to invest R700m in its stores

19/04/2018 - 10:35
Clicks plans to open 40 new stores this year, ahead of its target of 25 to 30 stores. read more
‘Leaner and fitter’ Pick n Pay reaps rewards of cost-cutting programme

‘Leaner and fitter’ Pick n Pay reaps rewards of cost-cutting programme

19/04/2018 - 09:08
CEO Richard Brasher says the retailer has kept its average selling price inflation in check and well below Statistics SA’s official figure. read more
Oreos to be made exclusively from sustainable cocoa

Oreos to be made exclusively from sustainable cocoa

18/04/2018 - 14:31
Mondelēz has committed to using only sustainable cocoa in the production of its Oreo biscuits from the end of March onwards. read more
Shoprite Group helps students stretch their budgets

Shoprite Group helps students stretch their budgets

17/04/2018 - 13:46
Recognising the severe financial pressures which leave many students too hungry to apply themselves to their studies, the Shoprite Group has implemented Student Discount Week once a month across all its Shoprite and Checkers stores in South Africa.  read more
Woolworths and MySchool shine light on literacy in SA

Woolworths and MySchool shine light on literacy in SA

16/04/2018 - 11:38
Every festive season, Woolworths and MySchool MyVillage MyPlanet embark on a special drive to raise funds in order to make a meaningful life-long impact on children in need. Over December 2017, for the second year in a row, they raised funds for Shine Literacy.  read more
Competition Commission gives Billabong takeover the green light

Competition Commission gives Billabong takeover the green light

13/04/2018 - 08:10
The Competition Commission has approved, with conditions, the acquisition of Australian surf-wear retailer Billabong by global apparel business Boardriders, formerly known as Quiksilver. read more
SPAR partners with Tiso Blackstar and iconic Sunday Times Finders Keepers

SPAR partners with Tiso Blackstar and iconic Sunday Times Finders Keepers

12/04/2018 - 15:44
SPAR, one of the country’s leading retailers with more than 900 grocery stores across southern Africa, has joined forces with Tiso Blackstar to bring the iconic Finders Keepers competition to South Africans. read more
Verimark shares soar after upbeat trading statement

Verimark shares soar after upbeat trading statement

12/04/2018 - 13:45
Marketer Verimark’s share price jumped 26% to R1.02 after it issued an upbeat trading statement. read more
‘Listeria hysteria’ pushes pig farmers to the brink

‘Listeria hysteria’ pushes pig farmers to the brink

12/04/2018 - 11:39
SA’s pork industry is losing about R45m a week, putting the viability of small-scale farmers in doubt, while the processed meat industry is losing up to R800m a month. read more
Euromonitor advises SA retailers to broaden their horizons

Euromonitor advises SA retailers to broaden their horizons

12/04/2018 - 10:13
Retailers in SA need to expand their scope from the middle class to include poorer consumers, who make up half the population, according to market research provider Euromonitor International. read more
Shoprite upskills 4 000 employees

Shoprite upskills 4 000 employees

10/04/2018 - 11:25
More than 4 000 employees from the Shoprite Group’s fresh food departments will be upskilled as a result of the retailer’s latest training programme, which delineates a clear career path for all those working in, among others, its bakeries, delis, and fish departments.  read more
Cross-border e-commerce: Barriers and solutions

Cross-border e-commerce: Barriers and solutions

10/04/2018 - 10:29
It’s about the lifestyle you are selling, not your product.  read more
Edcon considering closing flagship Edgars store

Edcon considering closing flagship Edgars store

10/04/2018 - 08:18
Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer. read more
Consumer group Libstar mulls JSE listing

Consumer group Libstar mulls JSE listing

09/04/2018 - 10:32
Before the listing the company plans to conclude a black economic empowerment deal that will establish an employee share trust. read more
 PMI receives prestigious design award for its innovative smoke-free product

PMI receives prestigious design award for its innovative smoke-free product

06/04/2018 - 14:15
Philip Morris International’s innovative heated tobacco product IQOS has received a GOOD DESIGN® Award for its cutting-edge technology and sleek, customer-centric design.  read more
Clicks celebrates 500th pharmacy opening

Clicks celebrates 500th pharmacy opening

06/04/2018 - 09:24
South Africa’s largest retail pharmacy chain Clicks recently announced the opening of its 500th pharmacy at Clicks Park Station in Johannesburg.  read more
Shoprite's long-serving chief financial officer to resign in July

Shoprite's long-serving chief financial officer to resign in July

05/04/2018 - 13:30
Shoprite announced chief financial officer Marius Bosman would step down from his position after the completion of financial accounts for the year to end-June. read more
FreshStop pegs growth strategy on expanding food lines

FreshStop pegs growth strategy on expanding food lines

05/04/2018 - 11:40
The need to have a solid food strategy to be successful in South Africa’s convenience retail sector continues, with South African consumers increasing their spend with retailers who offer them dedicated, quality food lines that offer choice and variety. read more
Eighth Annual SACSC Research Conference set for May

Eighth Annual SACSC Research Conference set for May

05/04/2018 - 09:09
Irish playwright, critic and political activist George Bernard Shaw once said: “Progress is impossible without change, and those who cannot change their minds cannot change anything”. read more
Exclusive Books CEO ends chapter

Exclusive Books CEO ends chapter

05/04/2018 - 07:54
Respected Benjamin Trisk calls it quits at SA’s largest bookseller due to ‘breakdown in relationship among shareholders'. read more
How blue jeans are mounting a comeback in a yoga pants world

How blue jeans are mounting a comeback in a yoga pants world

04/04/2018 - 15:32
From Ralph Lauren to Calvin Klein, America’s biggest fashion labels are pinning their hopes on a blue jean revival.  read more
Woolworths and MySchool launch water fund for schools

Woolworths and MySchool launch water fund for schools

04/04/2018 - 14:06
In response to the National Government’s declaration that the drought in South Africa is a national disaster, Woolworths has announced a R1.5 million investment in water infrastructure for schools, and the launch of an ongoing MySchoolMyVillageMyPlanet fund, the LOVEH2O WATER FUND. read more
Listeriosis leaves Tiger Brands listless

Listeriosis leaves Tiger Brands listless

04/04/2018 - 08:29
Tiger Brands’s share price has fallen 12.47% since the health ministry publicly announced that its factory in Polokwane was the source of the listeriosis outbreak on March 4.  read more
Massmart to open 20 stores in Pan-African expansion

Massmart to open 20 stores in Pan-African expansion

28/03/2018 - 14:03
South African retailer Massmart is continuing its Pan-African expansion with plans to open about 20 new stores outside its home market over the next three years, the company's chairman said. read more
Rainbow Chicken polony cleared of deadly listeria bacteria

Rainbow Chicken polony cleared of deadly listeria bacteria

28/03/2018 - 10:01
The national health department has confirmed the listeria bacteria found at the Rainbow Chicken polony factory is not the ST6 strain that caused 91% of cases. read more
H&M's pile of unsold garments grow as earnings plunge

H&M's pile of unsold garments grow as earnings plunge

28/03/2018 - 08:33
Swedish fashion retailer Hennes & Mauritz said it’s increasing markdowns this quarter after accumulating a record pile of unsold garments worth more than $4bn. read more
New Checkers in Plettenberg Bay creates 160 new jobs in local community

New Checkers in Plettenberg Bay creates 160 new jobs in local community

27/03/2018 - 15:02
Checkers Plettenberg Bay Mall is one of 20 new look Checkers supermarkets in South Africa at the moment.  read more
HomeChoice looks to growth with capital-raising exercise

HomeChoice looks to growth with capital-raising exercise

27/03/2018 - 10:40
Retail and financial services specialist HomeChoice is considering a large capital-raising exercise to fund growth.  read more
#ECMA18 - Setting the scene for the future of eCommerce in Africa

#ECMA18 - Setting the scene for the future of eCommerce in Africa

27/03/2018 - 10:32
The 4th Annual DHL eCommerce MoneyAfrica Conference & Exhibition was recently hosted at the brand new, green star-rated CTICC East Wing in Cape Town on 14 & 15 March 2018.  read more
Steinhoff may consider reducing its stake in Steinhoff Africa Retail

Steinhoff may consider reducing its stake in Steinhoff Africa Retail

26/03/2018 - 11:31
Steinhoff International is considering the sale of part of a R58bn stake in its separately listed African operations as the crisis-hit retailer looks to shore up liquidity, according to two people familiar with the matter. read more
Woolworths’ cheese makes history with two SA Dairy Product of the Year Awards in a row

Woolworths’ cheese makes history with two SA Dairy Product of the Year Awards in a row

26/03/2018 - 10:47
Parmalat’s 10-months Mature Gouda, made especially for Woolworths, was crowned the South African Dairy Product of the Year for the second year in a row at the Agri-Expo Qualité Awards Gala Dinner on 23 March 2018 at GrandWest. This achievement is a first for the SA Dairy Championships, celebrating its 185th year of existence. read more
Booming online luxury goods sales convert watchmakers to the web

Booming online luxury goods sales convert watchmakers to the web

26/03/2018 - 10:20
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy timepieces on the web, to step up investments in e-commerce. read more
Imports of food products from Brazil shut down amid safety check scandal

Imports of food products from Brazil shut down amid safety check scandal

23/03/2018 - 15:05
The Department of Agriculture, Forestry, and Fisheries has suspended imports of food products from various establishments in Brazil suspected of fraudulently evading food safety checks. read more
Pick n Pay honours farmers for the gift of water and provides relief to 18 local welfare organisations

Pick n Pay honours farmers for the gift of water and provides relief to 18 local welfare organisations

20/03/2018 - 14:57
The ongoing drought in the Western Cape continues to not only impact on the residents of Cape Town and surrounds, but also has a severe impact on businesses, including agricultural activity, in the province.  read more
Excitement builds for Easter at Maerua Mall

Excitement builds for Easter at Maerua Mall

20/03/2018 - 10:32
To celebrate Easter, Windhoek’s most popular shopping centre will host an Easter Treasure Hunt like no other. On Saturday 24 March, Maerua Mall will welcome families, friends and anyone who’s up for some Easter fun to join in on the adventure to win fabulous Easter prizes.  read more
Cost of listeriosis crisis mounts for Tiger Brands

Cost of listeriosis crisis mounts for Tiger Brands

20/03/2018 - 08:48
Tiger Brands is recalling yet another batch of products, a move that could cost it up to R800m, twice the R324m in operating profit generated by its snacks, treats and beverages division for the financial year to end-September. read more
Shoprite calls for bursary applications

Shoprite calls for bursary applications

19/03/2018 - 14:16
The Shoprite Group’s bursary purse for 2018 has not yet been depleted.  read more
Chicken sales continue to rise as world demand grows

Chicken sales continue to rise as world demand grows

19/03/2018 - 14:02
Demand for chicken meat is showing no signs of declining, as poultry overtakes red meat consumption in markets around the world – including the United States and South Africa. read more
Tiger Brands counts over R300 million in losses after listeria outbreak

Tiger Brands counts over R300 million in losses after listeria outbreak

19/03/2018 - 10:46
JSE-listed consumer brands group Tiger Brands has told shareholders that the costs associated with the recall of products linked to the listeriosis outbreak will reach between R337 million and R377 million rand – with millions of rands in monthly losses also needing to be factored in. read more
L’Oréal to acquire hi-tech ModiFace as ‘augmented reality’ for make-up grows

L’Oréal to acquire hi-tech ModiFace as ‘augmented reality’ for make-up grows

19/03/2018 - 09:37
L’Oréal is set to acquire the Canadian beauty tech company ModiFace, gaining tools for customers to test make-up and lipstick online.  read more
Astral pushes for VAT free chicken

Astral pushes for VAT free chicken

16/03/2018 - 09:40
Chicken should be exempt from value added tax (VAT), poultry producer Astral said in a media release. read more
Pharmacy ATM launches in SA

Pharmacy ATM launches in SA

16/03/2018 - 09:18
For residents of Alexandra township in Johannesburg, the days of waiting for hours to obtain medication at local clinics are over.  read more
Shoprite launches discount buying card for NPOs

Shoprite launches discount buying card for NPOs

16/03/2018 - 08:16
The Shoprite Group has launched a discount buying card to assist welfare organisations in their bid to stay afloat amidst trying economic times.  read more
Red meat sales plummet amid 'listeria hysteria'

Red meat sales plummet amid 'listeria hysteria'

15/03/2018 - 09:53
Red meat sales have declined since the outbreak of listeria. read more
Shoprite and France’s Carrefour go toe-to-toe in Kenya

Shoprite and France’s Carrefour go toe-to-toe in Kenya

15/03/2018 - 09:26
Kenya is turning into an interesting battleground between South African grocery chain Shoprite and French rival Carrefour. read more
Embrace cross-border e-commerce, says DHL

Embrace cross-border e-commerce, says DHL

15/03/2018 - 09:04
Cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020. read more
Pick n Pay partners with Absa to launch Grocery Stokvel Account

Pick n Pay partners with Absa to launch Grocery Stokvel Account

14/03/2018 - 12:47
As stokvels continue to grow in popularity, Pick n Pay and Absa have partnered to launch a new Grocery Stokvel Account to cater for groups saving for groceries or other store-bought essentials. read more
SA's instant coffee market sees bitter war for market share

SA's instant coffee market sees bitter war for market share

13/03/2018 - 09:58
Nescafé, Ricoffy and Frisco are at war – which means cheaper prices for instant coffee drinkers. read more
AVI aims to resole Green Cross

AVI aims to resole Green Cross

13/03/2018 - 08:11
Consumer brands giant AVI, which performed commendably in the half-year to end-December, is determined to reboot its footwear division. read more
Homechoice to step up its digital sales platform

Homechoice to step up its digital sales platform

12/03/2018 - 13:04
Listed household goods retailer and financial services group Homechoice is gearing up to improve its digital offering to further enhance sales. read more
Shoprite gives hundreds of suppliers access to market

Shoprite gives hundreds of suppliers access to market

12/03/2018 - 10:50
The Shoprite Group is giving entrepreneurs and SMMEs (Small, Medium and Micro-sized Enterprises) access to economic opportunities by providing hundreds of suppliers with access to market. read more
Queenspark doubles operating profit as new strategy ‘progresses well’

Queenspark doubles operating profit as new strategy ‘progresses well’

12/03/2018 - 09:06
Clothing chain Queenspark managed to grow sales 13% and more than doubled its operating profit to R7m from R3.2m, the interim results of its pyramid of JSE-listed holding companies showed. read more
Shopping centre sales heading for growth

Shopping centre sales heading for growth

08/03/2018 - 13:36
After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.  read more
Edcon fails to make the grade

Edcon fails to make the grade

08/03/2018 - 09:27
Unlisted retail group Edcon has recorded a poor quarterly performance with a decline in sales and revenue. read more
Listeriosis outbreak puts fragile value chain in spotlight - expert weighs in

Listeriosis outbreak puts fragile value chain in spotlight - expert weighs in

07/03/2018 - 16:12
The ripple effect of the outbreak of listeriosis in certain processed meat products in South Africa has identified the fragility of the industry's value chain, Professor Andre Louw, chair of Agribusiness Management at the University of Pretoria said. read more
Cashbuild feels the pinch during hard times

Cashbuild feels the pinch during hard times

07/03/2018 - 09:09
Cashbuild, South Africa’s largest retailer of building materials, is feeling the pinch of SA’s poor economy.  read more
#Listeriosis: Panic over killer disease grips SA

#Listeriosis: Panic over killer disease grips SA

06/03/2018 - 10:25
Retailers across the country are running against the clock to remove ready-to-eat food products feared to be fertile carriers of the deadly listeria. read more
Listeriosis: Shoprite Group supermarkets recall all affected products

Listeriosis: Shoprite Group supermarkets recall all affected products

05/03/2018 - 21:10
The Shoprite Group’s housebrand and private label cold meats, sold under the Housebrand, Ritebrand and Farmer’s Deli brand names are not affected by recall notices that have been served on Enterprise Foods and Rainbow Chicken. Shoprite and Checkers own brands in this category are not manufactured by these two suppliers. read more
Enterprise withdraws all processed meats and halts production at two facilities

Enterprise withdraws all processed meats and halts production at two facilities

05/03/2018 - 19:16
Enterprise Foods has withdrawn all ready-to-eat meat products and has halted production at the two factories manufacturing these products‚ parent company Tiger Brands said on Monday. read more
Tiger Brands and Rainbow shares drop on listeriosis news

Tiger Brands and Rainbow shares drop on listeriosis news

05/03/2018 - 14:33
Tiger Brands’ share price fell 13% to R370.30 and RCL Foods’ share price dropped 6.4% to R16.10 shortly after the JSE opened at 9am on Monday morning.  read more
Merger with Steinhoff not an option, says Shoprite CEO

Merger with Steinhoff not an option, says Shoprite CEO

01/03/2018 - 10:10
Shoprite CEO Pieter Engelbrecht says a merger would not make sense now. read more
Fashion gets faster

Fashion gets faster

01/03/2018 - 09:19
Clothing and other items in city-centre Joburg shops are drawing budget-conscious, trendy shoppers. And the big chains are also increasingly aware of the need to respond rapidly to changing demands. read more
Wiese sees ray of light after losing billions on Steinhoff

Wiese sees ray of light after losing billions on Steinhoff

28/02/2018 - 09:17
Christo Wiese lost more than $2 billion when Steinhoff International Holdings NV plunged following the discovery of accounting irregularities. Luckily for him, he’s still the biggest investor in Shoprite Holdings Ltd., an African supermarket giant whose shares are at a record high. read more
Shoprite trades in stock images for those of real heroes

Shoprite trades in stock images for those of real heroes

27/02/2018 - 14:58
Africa’s largest retailer is celebrating real heroes making a real difference in their communities by showcasing their stories on its truck fleet traversing the length and breadth of South Africa. read more
Shoprite share reaches a record high

Shoprite share reaches a record high

27/02/2018 - 08:40
The Shoprite share price touched an all-time high of R263 in early trade on Monday before easing back to close at R256.99 just as the group announced interim results and a 14.2% hike in diluted headline earnings per share to 525.2c. An interim dividend of 205c a share was declared, up 13.9% on the previous interim period. read more
Ackermans shares its secrets to sustainability

Ackermans shares its secrets to sustainability

23/02/2018 - 15:04
Local retailers have been under severe pressure these past couple of years, and 2018 promises no respite.  read more
Woolworths pins its hopes on the Ramaphosa effect

Woolworths pins its hopes on the Ramaphosa effect

23/02/2018 - 08:59
Woolworths has pinned its recovery on SA’s new political leadership under President Cyril Ramaphosa as the retailer’s woes have prompted it to cut its interim dividend for the first time in eight years. read more
Reynolds acquisition helps BAT offset fall in cigarette sales

Reynolds acquisition helps BAT offset fall in cigarette sales

22/02/2018 - 13:58
British American Tobacco (BAT) managed to offset a decline in cigarette sales in most countries in 2017 by entering the US via its £41.8bn acquisition of Reynolds. read more
Market cheers Massmart profit rise as online sales shine

Market cheers Massmart profit rise as online sales shine

22/02/2018 - 11:25
Retailer Massmart Holdings posted a rise in annual profit, on the back of operational cut costs and solid growth in its online division. read more
Truworths falling short of the mark

Truworths falling short of the mark

22/02/2018 - 08:28
With the group trailing its clothing peers, some wonder why its long-standing boss has not resigned yet. read more
Tiger Brands’ shares fall after it warns of declining revenue

Tiger Brands’ shares fall after it warns of declining revenue

21/02/2018 - 11:06
Fast moving consumer goods group says meaningful recovery depends on an improvement in the consumer environment. read more
Annual retail report reveals most customer centric retailers in SA

Annual retail report reveals most customer centric retailers in SA

20/02/2018 - 08:50
With economic conditions in South Africa likely to remain weak, the apparel retail industry growth forecast for 2018 is muted. In addition, the entrance of international brands has added further challenge for local incumbents. read more
21-million litres of water saved at 100 schools with Shoprite Group’s Smart Water Meter Challenge

21-million litres of water saved at 100 schools with Shoprite Group’s Smart Water Meter Challenge

19/02/2018 - 13:09
One hundred and ten schools saving 21 million litres of water which translates to a total saving of R1,1 million in just over three months.  read more
Clicks staff set for R1.2-billion payout

Clicks staff set for R1.2-billion payout

16/02/2018 - 15:58
Nearly 6,000 workers at Clicks Group are set to share a R1.26-billion windfall from a share ownership scheme launched several years ago as part of the retailer's efforts to meet quotas on black ownership. read more
Nestlé opens door to L'Oreal stake sale as growth slumps

Nestlé opens door to L'Oreal stake sale as growth slumps

16/02/2018 - 11:17
Nestlé SA opened the door to a possible sale of its L’Oreal SA stake in a move that would help CEO Mark Schneider sharpen the Swiss giant’s portfolio after the weakest sales growth in more than 20 years. read more
Asics sales surge following transformation

Asics sales surge following transformation

16/02/2018 - 10:34
Asics sales sprint ahead as it winds up its transformation programme, with the retailer's European boss declaring the business "fit for the future." read more
Dis-Chem revenue increase driven by store roll-out

Dis-Chem revenue increase driven by store roll-out

16/02/2018 - 10:15
Dis-Chem’s revenue for the 22 weeks to February rose 13.1% to R8.5bn despite it battling increasing competition in a weak economic climate and labour issues. read more
Pandora sales shine in challenging year

Pandora sales shine in challenging year

15/02/2018 - 08:49
Danish jewellery manufacturer and retailer Pandora reports a strong year despite market challenges. read more
ANC's ray of hope may boost retailers' prospects

ANC's ray of hope may boost retailers' prospects

14/02/2018 - 14:04
The outlook for consumer goods companies appears upbeat as a changing political landscape provides some impetus to a stuttering economy. read more
Woolworths launches first locally-made beauty products with RSPO-certified sustainable palm oil

Woolworths launches first locally-made beauty products with RSPO-certified sustainable palm oil

14/02/2018 - 13:40
Woolworths has achieved a significant milestone on the road to its 2020 Good Business Journey target to only offer products made with certified sustainable palm oil. read more
Competition Tribunal dismisses Massmart anti-competitive complaint against rivals

Competition Tribunal dismisses Massmart anti-competitive complaint against rivals

13/02/2018 - 16:46
South Africa’s Competition Tribunal dismissed a complaint brought by Massmart accusing grocery retailers of anti-competitive behaviour, saying the unit of Wal-Mart had failed to present a strong case. read more
Gucci overtakes Hermes as designer Michele seduces shoppers

Gucci overtakes Hermes as designer Michele seduces shoppers

13/02/2018 - 11:25
Gucci designer Alessandro Michele’s crystal- and sequin-covered creations continued to light a fire under consumers in the holiday season.  read more
Data shows brands are experiencing a crisis of trust, says Forrester

Data shows brands are experiencing a crisis of trust, says Forrester

13/02/2018 - 10:51
Survey data from Forrester has shown that, while interactions with brands have increased, trust in companies has dropped steeply. As part of its Predictions 2018 series, a new report from the firm examines this ‘trust crisis’ and suggests how smart companies can respond this year. read more
Wiese cuts stake in Steinhoff

Wiese cuts stake in Steinhoff

12/02/2018 - 11:07
Christo Wiese, the former chairman of Steinhoff International Holdings NV, has slashed his stake in the retailer to 6.2%, a move that may mean one of South Africa’s richest men is no longer the company’s biggest shareholder. read more
Retail to adapt in order to cope with water crisis

Retail to adapt in order to cope with water crisis

09/02/2018 - 15:12
Consumers are not the only ones who have to tighten taps in Cape Town. As South Africa’s ‘Mother City’ approaches dreaded Day Zero which has been estimated to occur in May 2018, retailers and shopping centres too, have to rethink their strategies to ensure survival. read more
Steinhoff's Star share price falls 7% on lacklustre Christmas sales

Steinhoff's Star share price falls 7% on lacklustre Christmas sales

09/02/2018 - 13:34
The share price of Steinhoff Africa Retail (Star) fell 7% to R20.19 on Friday after it reported lacklustre Christmas sales. read more
Italtile bucks trend as turnover soars

Italtile bucks trend as turnover soars

08/02/2018 - 13:54
Italtile saw trading profit leap as turnover soared in the six months to December 2017, despite consumer sentiment in SA being "by and large down".  read more
Mall for Africa expands to 11 new markets

Mall for Africa expands to 11 new markets

07/02/2018 - 14:15
Mall for Africa, an e-commerce and m-commerce platform present in Nigeria, Kenya, Ghana, and Rwanda, has expanded to 11 new countries in Africa in response to rising demand for its patented service. read more
SA retailers to start 'tracking' customers in store

SA retailers to start 'tracking' customers in store

07/02/2018 - 10:15
Retail in South Africa is expected to undergo a massive boom in digital and mobile technology within in the next two years, which will reshape customer behaviour and their relationships with brands. read more
Shoprite’s Disaster Relief Fund to be used exclusively for water relief

Shoprite’s Disaster Relief Fund to be used exclusively for water relief

06/02/2018 - 09:34
As parts of the Western, Eastern and Northern Cape remain in the grips of the worst drought in a century, the Shoprite Group has heeded the call of South Africans to help Cape Town and other communities that will soon be left without water through its till-point donation facility. read more
Pick n Pay under fire for Smart Shopper points

Pick n Pay under fire for Smart Shopper points

06/02/2018 - 09:21
When Pick n Pay introduced its rewards programme, Smart Shopper, in 2011, its success was so stunning it took the retailer by surprise. read more
Half of SA cigarette sales are illegal, says BAT

Half of SA cigarette sales are illegal, says BAT

06/02/2018 - 08:50
The tobacco industry continues to face rising number of challenges in SA including rising levels of trafficking and an increasingly uncertain regulatory environment. read more
Should retailers use age for customer segmentation?

Should retailers use age for customer segmentation?

05/02/2018 - 11:44
Are generational demographics approaching online and offline shopping in different ways? read more
Steinhoff director spills the beans about accounting irregularities and Jooste's disapearing act

Steinhoff director spills the beans about accounting irregularities and Jooste's disapearing act

02/02/2018 - 15:25
Director and chairman of Steinhoff’s audit committee, former ABSA CEO, Steve Booysen recounted in Parliament, the dramatic discovery on Monday, December 5 of the alleged accounting irregularities which have rocked the group and led to the resignation of former CEO Markus Jooste. read more
Retail redefined with the IoT, AI and video

Retail redefined with the IoT, AI and video

02/02/2018 - 10:51
Whenever industries transform, businesses have to redefine themselves. We’ve seen plenty of this in the retail industry recently, with many retailers turning to new retail technologies to help them keep up with customer demands and market shifts.  read more