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Builders Warehouse Strubens Valley gets an uber-makeover

Builders Warehouse Strubens Valley gets an uber-makeover

22/08/2019 - 13:16
Builders Strubens Valley is the latest store in the Builders group to get a grand revamp as South Africa’s leading DIY and buildings material retailer strives to meet the demands of customers who want a seamless, slick integrated shopping experience. read more
Shoprite-supported school garden feeds young minds and stomachs

Shoprite-supported school garden feeds young minds and stomachs

22/08/2019 - 10:04
The Johan Hus Primary School is a small school situated at the foot of the picturesque Tsitsikamma Mountains in Humansdorp in the Eastern Cape. Here learners not only learn about the environment in a hands-on manner, but the crops they grow are also used in the school kitchen to feed all the pupils. read more
Shoprite's debt shocker

Shoprite's debt shocker

22/08/2019 - 08:57
Debt-leery investors, spooked by one local corporate car crash after another, have found another share to dump: mighty Shoprite. read more
Woolworths customer wins R1 million grand prize

Woolworths customer wins R1 million grand prize

21/08/2019 - 10:43
Woolworths Financial Services (WFS) is pleased to announce the winner of its Woolies Millionaire competition. The lucky winner received R1 million in a campaign that ran from 10 May to 30 June 2019, targeted at both new and existing credit card customers.  read more
The race for reach is on - Shoprite Group CEO

The race for reach is on - Shoprite Group CEO

21/08/2019 - 09:43
The race for reach is on, according to Shoprite Group CEO Pieter Engelbrecht. read more
Steinhoff’s legal woes leave little for those holding stock

Steinhoff’s legal woes leave little for those holding stock

21/08/2019 - 09:24
Steinhoff International Holdings may have about €15bn (R255.1bn) of assets and stakes in profitable companies such as Pepkor Holdings, but you will not see that reflected in the share price. read more
Steinhoff and Pepkor blocked from selling Tekkie Town shares

Steinhoff and Pepkor blocked from selling Tekkie Town shares

21/08/2019 - 08:44
The Western Cape High Court has prevented Steinhoff and its subsidiary, Pepkor Holdings, from selling or dealing in the shares of shoe retailer Tekkie Town, in a ruling handed down on Tuesday. read more
Brian Joffe’s Long4Life warns of lower half-year earnings

Brian Joffe’s Long4Life warns of lower half-year earnings

20/08/2019 - 12:59
Brian Joffe’s Long4Life says half-year earnings will probably fall partly because of lower trading profits from Chill Beverages, which makes the Fitch & Leedes drinks brand. read more
Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Truworths reports steady performance

Truworths reports steady performance

20/08/2019 - 10:04
Truworths International reported lower earnings for the year to June 2019 as Truworths posted a steady performance in the weak domestic retail market while the profitability of the Office chain was severely impacted by the depressed United Kingdom (UK) trading conditions. read more
Yamamay launches first retail store in SA

Yamamay launches first retail store in SA

20/08/2019 - 09:04
Trendy Italian underwear, clothing and swimwear brand, Yamamay has launched its first South African store at Menlyn Park Shopping Centre in Pretoria.  read more
Ackermans, Truworths and Pep lead in customer satisfaction rankings

Ackermans, Truworths and Pep lead in customer satisfaction rankings

19/08/2019 - 08:36
Consulta has released its latest South African Customer Satisfaction Index (SA-csi), showing which clothing stores have the highest customer satisfaction ratings. read more
Truworths profit at nine-year low as profit plunges over 70%

Truworths profit at nine-year low as profit plunges over 70%

16/08/2019 - 11:52
Shares in Truworths slumped to a nine-year low on Friday morning after the fashion retailer reported a 74% slide in profits amid difficult trading environments in SA and the UK. read more
UnionPay cards - the largest card scheme in the world - now accepted at all Pick n Pay stores across SA

UnionPay cards - the largest card scheme in the world - now accepted at all Pick n Pay stores across SA

16/08/2019 - 11:11
UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick n Pay, a major food, clothing, and general merchandise retailer, is now enabled to accept UnionPay cards at all of its till points across its approximately 1,800 stores countrywide.  read more
RCL Foods slumps 10% as sugar tax does big damage

RCL Foods slumps 10% as sugar tax does big damage

15/08/2019 - 14:02
RCL Foods, which owns Rainbow Chicken and Selati Sugar, fell as much as 10.5% after warning it had written down its sugar unit by R761.9m as a result of a bigger than expected impact from the imposition of the government's sugar tax. read more
With banana leaf lamps, H&M backs firms promising social change

With banana leaf lamps, H&M backs firms promising social change

15/08/2019 - 10:31
With lampshades made by Indian women and trays from East Africa, H&M said that it had become the latest retail giant to back businesses with a mission to do good, as pressure mounts to end throwaway consumerism.  read more
We need to rethink our food system to tackle climate change

We need to rethink our food system to tackle climate change

15/08/2019 - 09:19
The way we produce, consume and discard food is no longer sustainable. read more
Kit Kat goes solar at Benoni Cash & Carry site

Kit Kat goes solar at Benoni Cash & Carry site

15/08/2019 - 09:11
In a bid to reduce its carbon footprint, mitigate load shedding and become less reliant on the national grid, the Kit Kat group has completed a solar power installation at its Benoni Cash & Carry store. read more
Choppies to exit SA market, chair to step down

Choppies to exit SA market, chair to step down

15/08/2019 - 09:03
Botswana-based grocery retailer, Choppies, has announced that it will be exiting the South African market, four years after expanding into the country. read more
Steinhoff says restructuring exercise complete

Steinhoff says restructuring exercise complete

14/08/2019 - 12:15
International retailer Steinhoff said its subsidiaries Steinhoff Europe AG (SEAG) and Steinhoff Finance Holding GmbH (SFHG) had successfully completed the implementation of an exercise which restructured their financial indebtedness and changed the group's European corporate holding structure. read more
Product mix boosts revenue of Denny owner Libstar

Product mix boosts revenue of Denny owner Libstar

13/08/2019 - 08:36
Consumer goods group Libstar said it managed solid volume growth for its core product offerings in the six months to end-June, but accounting changes will weigh somewhat on its interim headline earnings per share (Heps) growth.  read more
Mtuba Mall harnesses power of the sun

Mtuba Mall harnesses power of the sun

08/08/2019 - 11:32
With Eskom’s stability looking far from certain, businesses are searching for cheaper and more reliable alternatives to generate electricity.  read more
Steinhoff considers IPO of Pepkor Europe

Steinhoff considers IPO of Pepkor Europe

07/08/2019 - 08:23
Steinhoff International Holdings is considering an initial public offering of Pepkor Europe, its fastest-growing unit, as the scandal-hit retailer seeks funds for the next phase of its recovery plan, people familiar with the matter said. read more
Shoprite basks in sales glory

Shoprite basks in sales glory

02/08/2019 - 10:19
The Shoprite Holdings share price surged more than 10 percent after Africa's biggest retailer reported a strong half performance in sales for the 52 weeks to end June, mainly driven by its core market, the Supermarkets RSA.  read more
Checkers' refurbished computers find a new home at local school

Checkers' refurbished computers find a new home at local school

02/08/2019 - 09:35
A new school in Brackenfell is benefiting from a donation of refurbished computers from Checkers and Just PCs.  read more
Shoprite is k’necting its tech-savvy customers

Shoprite is k’necting its tech-savvy customers

01/08/2019 - 11:19
The Shoprite Group is making it easier for its customers to access services such as global money transfers, cellphone purchases, bill payments, tickets and insurance with the launch of its new k’nect stores across the country.  read more
Demand for tobacco-heating products and e-cigarettes boost BAT

Demand for tobacco-heating products and e-cigarettes boost BAT

01/08/2019 - 11:05
British American Tobacco (BAT) reported higher first-half sales, helped by higher demand for e-cigarettes and tobacco-heating products, and said revenue growth would accelerate in the second half of the year. read more
Woolworths writes down value of David Jones - again

Woolworths writes down value of David Jones - again

01/08/2019 - 09:25
Woolworths has once again reduced the valuation of struggling Australian department store chain David Jones, which has now more than halved in value in the five years since it was acquired. read more
Massmart profit severely hit by weak sales, losses

Massmart profit severely hit by weak sales, losses

01/08/2019 - 09:16
Massmart Holdings' share price declined by more than 17percent on the JSE after the group said it expected to report a decline in earnings across all of its four divisions for the six months to end June, mainly impacted by losses in Massdiscounters. read more
Pick n Pay appoints Lerena Olivier as new finance chief

Pick n Pay appoints Lerena Olivier as new finance chief

31/07/2019 - 14:40
Pick n Pay says finance executive Lerena Olivier will take over as CFO when Bakar Jakoet retires on September 6.  read more
Shoprite rallies, jumps most since 1997

Shoprite rallies, jumps most since 1997

31/07/2019 - 10:25
Shoprite rallied the most in 22 years after Africa's largest food retailer said second-half sales climbed as it took market share. read more
Pick n Pay uses tech to add value for consumers

Pick n Pay uses tech to add value for consumers

30/07/2019 - 14:55
Technologies such as augmented reality, virtual reality, animation, and gaming can provide immersive experiences, giving brands an advantage in winning consumers' hearts and minds. read more
Pick n Pay to engage competition regulator over report on market dominance

Pick n Pay to engage competition regulator over report on market dominance

30/07/2019 - 14:22
Supermarket chain store Pick n Pay said on Tuesday that it would continue to engage South African competition regulators to address its concerns about the retailer's market dominance in shopping malls. read more
Shoprite’s shares leap 15% on Tuesday despite lower earnings

Shoprite’s shares leap 15% on Tuesday despite lower earnings

30/07/2019 - 09:56
Grocery retailer Shoprite, whose chains include Checkers and OK Furniture, says earnings declined by up to a fifth in the year to June because of trading losses in the rest of Africa and higher costs in SA.  read more
New Checkers concept stores target wealthier South Africans

New Checkers concept stores target wealthier South Africans

30/07/2019 - 09:31
Shoprite has published its operational update for the year ending 30 June 2019, detailing its financials and the new updates they are bringing to their stores. read more
Retailers rally in support of the Sunflower Day Campaign

Retailers rally in support of the Sunflower Day Campaign

29/07/2019 - 11:10
Every year, millions of individuals around the world are diagnosed with cancer. In 2018, just under 1.5 million new cases of blood cancer were recorded worldwide and according to a special report by Discovery Health released in 2018, cancer causes more deaths in South Africa than HIV/ Aids, TB and malaria combined.  read more
KZN mall undergoes R200m refurbishment

KZN mall undergoes R200m refurbishment

29/07/2019 - 10:42
The renovated new Pine Crest was launched after an innovative R200m, 14-month multifaceted refurbishment by owners Vukile Property Fund.  read more
Top shops join Ballito mall

Top shops join Ballito mall

26/07/2019 - 14:30
Ballito Junction Regional Mall has announced that it will be adding new retail brands to its offerings. read more
Philip Morris expands its retail footprint with first SA store

Philip Morris expands its retail footprint with first SA store

26/07/2019 - 11:06
Philip Morris South Africa (PMSA), an affiliate of the leading international tobacco company Philip Morris International (PMI), opens its first IQOS flagship store in Sandton City, adding to its current retail footprint of 11 kiosks in leading malls across Gauteng, Western Cape, and Kwazulu-Natal.  read more
Pioneer Foods confident competition authorities won't reject R24.4bn PepsiCo deal

Pioneer Foods confident competition authorities won't reject R24.4bn PepsiCo deal

25/07/2019 - 15:00
Pioneer Foods CEO Tertius Carstens is confident that the company’s R24bn takeover by PepsiCo will be approved by competition authorities, as he believes the acquisition has no negative implications for local industries. read more
Shoprite fights crime to keep customers and staff safe

Shoprite fights crime to keep customers and staff safe

24/07/2019 - 16:14
The Shoprite Group is fighting crime by investing heavily in sophisticated security and other measures to make its shopping space secure, reduce the number of criminal incidents and increase the number of arrests.  read more
JIT is key to optimising the FMCG supply chain

JIT is key to optimising the FMCG supply chain

23/07/2019 - 19:12
The ability to manufacture ‘just enough’ stock to cover orders and deliver ‘just enough’ product to every retailer is the optimal supply chain scenario in the Fast-Moving Consumer Goods (FMCG) industry. This is known as Just in Time (JIT) manufacturing and delivery. read more
Clover's R4.7bn deal gets Competition Commission nod

Clover's R4.7bn deal gets Competition Commission nod

22/07/2019 - 10:12
The Competition Commission has approved, with conditions, the R4.8bn sale of branded foods and beverages group Clover Industries to a consortium led by Tel Aviv-based Central Bottling Company, Clover said on Friday. read more
Pioneer Foods deal will be PepsiCo's biggest in Sub-Saharan Africa

Pioneer Foods deal will be PepsiCo's biggest in Sub-Saharan Africa

22/07/2019 - 09:04
The US food and beverages company says the deal, worth about R24bn, will boost the SA economy. read more
Shoprite Group’s employees plant a sustainable garden for Bedfordview's elderly on Mandela Day

Shoprite Group’s employees plant a sustainable garden for Bedfordview's elderly on Mandela Day

22/07/2019 - 08:49
On Mandela Day, the Checkers Gauteng Division along with Johannesburg mayor, Herman Mashaba, planted a food garden for the elderly people of De Wetshof Old Age Home in Bedfordview. read more
Food and beverages giant PepsiCo makes offer to acquire Pioneer Foods

Food and beverages giant PepsiCo makes offer to acquire Pioneer Foods

19/07/2019 - 10:18
In a vote of confidence about SA’s long-term prospects, New York-based food and beverages giant PepsiCo has made an offer to buy Pioneer Food Group, which makes Sasko breads and Ceres juices, in a deal worth at least R25.4bn. read more
SAFW competitions offers entry into fashion industry

SAFW competitions offers entry into fashion industry

19/07/2019 - 08:41
It opened the door for David Tlale to showcase his designs at New York Fashion Work, Mmuso Maxwell to supply his garments to retail giant Woolworths and Clinton Lotter to take his work to the UK. Now, South African Fashion Week (SAFW) is once again looking to grow the fashion and creative industry by opening it to emerging designers. read more
Takealot and Superbalist to launch new annual event - The Ultimate Checkout

Takealot and Superbalist to launch new annual event - The Ultimate Checkout

18/07/2019 - 14:01
In line with international trends and following on the success of Black Friday, the Takealot Group is once again leading the charge with a first-of-its-kind shopping event in South Africa. read more
Strong Asia growth boosts Richemont’s first-quarter sales

Strong Asia growth boosts Richemont’s first-quarter sales

18/07/2019 - 13:38
The luxury-goods company reports a 9% year-on-year increase at constant exchange rates. read more
Nestlé finds a new way to sweeten chocolate without added sugar

Nestlé finds a new way to sweeten chocolate without added sugar

18/07/2019 - 10:13
Nestlé SA has found a way to create chocolate without adding any sugar, relying on leftover material from cocoa plants for sweetening as consumers look for natural and healthier fare. The food company is using a patented technique to turn the white pulp that covers cocoa beans into a powder that naturally contains sugar. read more
Johnson & Johnson certain it will prevail in baby powder and opioid lawsuits

Johnson & Johnson certain it will prevail in baby powder and opioid lawsuits

17/07/2019 - 14:00
Johnson & Johnson (J&J) said that the healthcare conglomerate will come out on the winning side of thousands of legal claims over its baby powder and opioid products.  read more
Footgear quick off the mark with acquisition of Edgars Active and High Key from Edcon

Footgear quick off the mark with acquisition of Edgars Active and High Key from Edcon

16/07/2019 - 10:19
Footgear – backed by Old Mutual Private Equity (OMPE) announced that it has acquired the Edgars Active and High Key chain stores, divisions of the Edcon Group, and leading retailers of branded sport and lifestyle footwear, clothing and accessories. The transaction remains subject to conditions precedent, including regulatory approvals.  read more
The Foschini Group - the notable exception in SA

The Foschini Group - the notable exception in SA

16/07/2019 - 08:23
The Investment Analyst Society recently presented an Analysts Masterclass with an emphasis on the retail and consumer goods sector of the JSE. Much insight was provided by veteran analysts Syd Vianello and Chris Gilmour, featured on the panel discussion. They unpacked several topics like the size and diversity of the sector, the impact of foreign players, consumer behaviour, and retail companies venturing offshore, and notably into Australia, often terminating these ventures in the graveyard. read more
Constant sales promotions can harm retailers in the long run

Constant sales promotions can harm retailers in the long run

15/07/2019 - 10:24
Cash-strapped consumers have become addicted to sales promotions, and retailers worry whether they will get the right price for their products. read more
Woolworths shares hit six-month high on solid sales growth

Woolworths shares hit six-month high on solid sales growth

11/07/2019 - 13:57
The retailer’s food business has bolstered results amid an upturn in the fashion, beauty and home segment. read more
Unemployed KwaMashu matriculants' garden project bears much fruit

Unemployed KwaMashu matriculants' garden project bears much fruit

11/07/2019 - 10:29
“We believe that by cultivating the soil we can uplift our community," says Sabelo Mdlalosi, a founding member of the Iqabungelihle garden project in Kwamashu near Durba read more
Nestlé Waters teams up with Ocean Legacy for plastic waste clean-up

Nestlé Waters teams up with Ocean Legacy for plastic waste clean-up

11/07/2019 - 09:44
Nestlé’s bottled water division Nestlé Waters, owner of Perrier and Vittel, says it will team up with Canada’s Ocean Legacy Foundation to help to clean up plastic pollution. read more
Naspers's Superbalist eyes R1bn in annual private-label sales

Naspers's Superbalist eyes R1bn in annual private-label sales

11/07/2019 - 09:31
Superbalist, the SA online fashion retailer owned by Naspers, expects to generate more than R1bn in annual revenue from its private-label, or in-house products, within the next three years. read more
Libstar launches world-class par-bake facility

Libstar launches world-class par-bake facility

10/07/2019 - 14:51
Libstar, a leading producer and marketer of high-quality products in the consumer packaged goods (CPG) industry, has further increased its competitiveness by expanding one of its facilities to meet key client requirements offering par-baked goods by converting a section of the group’s Amaro Foods’ facility in Epping, Cape Town, into a world-class par-bake facility.  read more
Hisense’s new B2B offering gains traction as business in Africa booms

Hisense’s new B2B offering gains traction as business in Africa booms

10/07/2019 - 10:54
Hisense, supplier of affordable and high-quality electronic goods, is rapidly gaining traction across the continent’s business-to-business market and is poised to become a significant player in Africa, where it is already a leader within the consumer goods category.  read more
Collaborative planning, forecasting, and replenishment in the retail supply chain

Collaborative planning, forecasting, and replenishment in the retail supply chain

10/07/2019 - 08:56
Grocery retailers often find themselves facing the challenges of overstocking, understocking, missed sales and expired stock. Collaborative planning, forecasting, and replenishment (CPFR) is a framework that has been developed to address these challenges.  read more
Steinhoff CFO to step down

Steinhoff CFO to step down

08/07/2019 - 09:29
Finance boss Philip Dieperink will be replaced by operations director Theodore de Klerk. read more
Shoprite Group spreads joy among East Rand preschoolers

Shoprite Group spreads joy among East Rand preschoolers

05/07/2019 - 14:55
“Thank you, Checkers, for building our school from the inside out.” read more
Unilever's former chief moves on with plan to fix the world

Unilever's former chief moves on with plan to fix the world

05/07/2019 - 09:26
Paul Polman, the Dutchman who ran Unilever for almost a decade with a social slant, will push further in that direction now that he’s leaving - creating a group to help combat poverty and climate change. read more
Sky City Mall opens and there’s more to come this year

Sky City Mall opens and there’s more to come this year

04/07/2019 - 15:31
The R155 million first phase of the new Sky City Mall, catering for the residents of Waterval, Palm Ridge, and Kathlehong some 35km south east of Johannesburg in Gauteng’s Ekurhuleni Metro, is trading well since opening its doors to scores of shoppers on 18 April.  read more
Truworths falls 6% on JSE after restructure call

Truworths falls 6% on JSE after restructure call

03/07/2019 - 15:32
Truworths fell more than 6 percent on the JSE after it told investors that it had approached lenders to embark on steps to restructure the R801 million debt of its UK-based Office shoe brand, whose operational performance has continued to deteriorate. read more
Coty slides as turnaround plan includes $3bn writedown

Coty slides as turnaround plan includes $3bn writedown

02/07/2019 - 13:34
Cosmetics maker Coty will take a $3bn write-down as its aging mass-market brands face new competition from savvy upstarts in the booming beauty industry. read more
With large chunk of debt looming, Truworths’s UK business seeks a workaround

With large chunk of debt looming, Truworths’s UK business seeks a workaround

02/07/2019 - 10:40
Truworths International says its UK subsidiary, Office, is considering a debt restructuring ahead of a hefty repayment due in late 2020. read more
Builders blooms at SANA Awards

Builders blooms at SANA Awards

01/07/2019 - 14:37
The winter chill has set in, but the garden centres at Builders are blooming. The home improvement, DIY and building material retailer has, once again, scooped a basketful of awards at the Annual South African Nursery Association (SANA) Convention held from 13 June 2019.  read more
Pick n Pay trials nude fruit and vegetable wall

Pick n Pay trials nude fruit and vegetable wall

01/07/2019 - 11:23
Pick n Pay has launched a ‘nude’ fruit and vegetable produce wall – a dedicated plastic and packaging-free zone in 13 stores across the country as part of a trial to measure customers’ readiness to switch from pre-packaged food to loose products.  read more
Dis-Chem profit margins down, so is executive pay

Dis-Chem profit margins down, so is executive pay

01/07/2019 - 10:22
Dis-Chem Pharmacies has paid its chief executive Ivan Saltzman a total remuneration package of R12.84million for the year to end-February, declining by 21.87 percent compared with R16.43m in 2018, with the group stating profit targets were not met during the year. read more
Jack's Paint bucks the recessionary trend with new stores

Jack's Paint bucks the recessionary trend with new stores

28/06/2019 - 11:01
Tough economic conditions are encouraging more independent retailers to seek the protection of a strong franchise. That’s the experience of paint and hardware company Jack’s Paint, which has opened two stores in the past six months, bringing the number of outlets to just under 100. read more
Public Investment Corporation pressured by union to rescue Edcon

Public Investment Corporation pressured by union to rescue Edcon

28/06/2019 - 10:29
South Africa’s biggest labour union federation Cosatu signaled a "massive fight" with the ANC if state-owned fund manager the Public Investment Corporation failed to rescue the country’s second-largest clothing retailer, Edcon Holdings.  read more
Woolworths partners with Government to launch their first intake from the YES youth initiative programme

Woolworths partners with Government to launch their first intake from the YES youth initiative programme

28/06/2019 - 09:21
Woolworths is pleased to announce the official launch of its first intake of candidates from the Youth Employment Services (YES) programme, a government-led partnership with business, labour and civil society which aims to empower one million young South Africans by offering paid, quality work experience.  read more
How the Crazy Store manages to buck the retail trend

How the Crazy Store manages to buck the retail trend

27/06/2019 - 08:59
Walk into virtually any shopping mall in SA, and it seems you'll find a Crazy Store. From humble beginnings, the discount retailer has become a 374-chain - and counting. read more
Pick n Pay's surprise clothing dash leaves local shopper smiling all the way to the bank

Pick n Pay's surprise clothing dash leaves local shopper smiling all the way to the bank

26/06/2019 - 14:42
Whatever clothing you can put on in 52 seconds is free. This was the challenge put to Arisha Soodhin yesterday, 25 June 2019, when she was shopping with her mom in the Pick n Pay Pavilion Clothing Store in Westville, KwaZulu-Natal.  read more
SA’s fastest growing convenience retail brand, FreshStop, turns 10

SA’s fastest growing convenience retail brand, FreshStop, turns 10

26/06/2019 - 10:36
It’s hard to imagine that just 10 years ago, the consumer’s experience of shopping in a forecourt convenience store (c-store) was completely different. In the 2000’s, forecourt convenience retail was still dominated by garage stores that specialised in the 5c’s – cigarettes, chips, chocolates, instant coffee and cool drinks. However, the industry was about to change dramatically as new players entered the fray.  read more
Pick n Pay and FoodForward SA aim for 2 million meals with Mandela Day Food Drive

Pick n Pay and FoodForward SA aim for 2 million meals with Mandela Day Food Drive

25/06/2019 - 12:57
Pick n Pay and FoodForward SA have launched their third annual Mandela Day Food Drive and invite all South Africans to contribute towards the ambitious goal of collecting 500 tonnes of food – enough to produce two million meals. read more
Woolworths Beauty goes 100% vegan

Woolworths Beauty goes 100% vegan

25/06/2019 - 09:08
Woolworths is driving the vegan lifestyle into the mainstream in South Africa with its announcement that its WBeauty ranges are 100% vegan. This is in step with worldwide trends, where more and more consumers are turning to veganism, which excludes the consumption of all animal products and products with animal-derived ingredients, as a more ethical lifestyle that is gentler on the Earth.  read more
Kit Kat Group team members join forces to give hope to local communities

Kit Kat Group team members join forces to give hope to local communities

25/06/2019 - 08:58
Helping needy local communities has become a cornerstone of the Kit Kat Group’s annual outreach. This year, for the tenth consecutive year, the group has donated blankets that its staff members have handed out to local community members, hospitals and schools. Over 700 blankets are donated annually each winter, providing much-needed warmth to recipients. read more
R600m retail boost on the cards for Port Elizabeth's Boardwalk Precinct

R600m retail boost on the cards for Port Elizabeth's Boardwalk Precinct

20/06/2019 - 13:50
Boardwalk Mall will include the latest shopping and leisure trends.  read more
Foodie experiment using legumes now a Pick n Pay listed business

Foodie experiment using legumes now a Pick n Pay listed business

20/06/2019 - 11:15
Plant-based eating is all the craze of late but two young ecopreneurs knew the potential four years ago when they developed a legume pasta in their home kitchen.  read more
Pick n Pay's Fresh Living magazine now available in Braille

Pick n Pay's Fresh Living magazine now available in Braille

19/06/2019 - 09:59
Pick n Pay’s Fresh Living magazine is now available in Braille, making it the first supermarket in South Africa to offer this to its customers.  read more
Steinhoff announces a near 20bn loss for 2018

Steinhoff announces a near 20bn loss for 2018

19/06/2019 - 08:59
Steinhoff posted a loss of €1.19bn (R19.35bn at current exchange rates) for the year ended September 2018.  read more
Shoprite Angola makes substantial food donation

Shoprite Angola makes substantial food donation

14/06/2019 - 11:30
More than 2300 children across Angola recently benefited from food donations from all 14 Shoprite stores in the country. read more
Shoprite opens its first distribution centre in Botswana

Shoprite opens its first distribution centre in Botswana

13/06/2019 - 09:40
Shoprite Botswana recently opened its own world-class distribution centre (DC) in Taung, Gaborone. read more
Woolworths share price recovers on renewed optimism

Woolworths share price recovers on renewed optimism

13/06/2019 - 09:04
Shares in Woolworths have rebounded in recent weeks, thanks to a recovery in the sector and optimism that the worst may be over for the high-end retailer, whose foray into Australia has proven costly for investors. read more
Shoprite Group takes on youth upskilling

Shoprite Group takes on youth upskilling

11/06/2019 - 10:22
Recognising the sacrifices South Africa’s youth continue to make to improve their education, even as youth unemployment reaches 55.2%, the Shoprite Group continues to upskill thousands of people every year.  read more
All systems go for Atteridgeville R1.2bn Capital Mall

All systems go for Atteridgeville R1.2bn Capital Mall

10/06/2019 - 15:48
The much-anticipated R1.2 billion Capital Mall in Atteridgeville will go ahead despite efforts to halt its construction on the basis that it would “cannibalise” smaller shopping centres in the vicinity.  read more
Zimbabwe retailers forge ahead despite systemic constraints

Zimbabwe retailers forge ahead despite systemic constraints

10/06/2019 - 15:36
Zimbabwe’s biggest retail operator, OK Zimbabwe is revamping its outlets and plans to open more stores, riding on the back of a 37 percent revenue increase and limited exposure to foreign currency woes afflicting other operators and industries in the country. read more
Foschini, Clicks offering good returns

Foschini, Clicks offering good returns

10/06/2019 - 14:55
Prospects for retail sector companies on the JSE had withered this year in line with the slumping economy, but there were outliers, such as Foschini and Clicks, providing good returns for shareholders in the sector, analysts said. read more
Woolworths appoints former Alfred Dunhill CEO as a director

Woolworths appoints former Alfred Dunhill CEO as a director

10/06/2019 - 14:10
High-end retailer Woolworths has appointed Christopher Colfer, a former CEO of Richemont’s Alfred Dunhill business, as an independent non-executive director, with effect from July 1. read more
Steinhoff, Tongaat woes raise auditor scrutiny

Steinhoff, Tongaat woes raise auditor scrutiny

10/06/2019 - 13:57
Steinhoff's [JSE:SNH] financial scandal and sugar maker Tongaat Hulett’s [JSE:TON] admission it may need to restate results is spurring South African auditors to weigh tougher measures for the profession. read more
Pick n Pay's Richard Brasher earned R32m in year to March

Pick n Pay's Richard Brasher earned R32m in year to March

10/06/2019 - 13:09
Pick n Pay CEO Richard Brasher, the former head of Tesco in the UK who is credited with turning around the SA grocery retailer since joining in 2013, was paid R32m for the group’s 2019 financial year. read more
Ackermans receives top nod in new kids category at 2019 Beeld Reader’s Choice Awards

Ackermans receives top nod in new kids category at 2019 Beeld Reader’s Choice Awards

07/06/2019 - 10:23
South Africa’s leading value retailer Ackermans has been announced as the Platinum winner in the Children’s Clothing Store category at the 2019 Beeld Reader’s Choice Awards. read more
Suspended Choppies CEO denies wrongdoing

Suspended Choppies CEO denies wrongdoing

07/06/2019 - 09:05
Suspended Choppies Enterprises CEO Ramachandran Ottapathu has denied any wrongdoing and says he will challenge his suspension in court. read more
Pick n Pay commits to monthly beach clean-ups

Pick n Pay commits to monthly beach clean-ups

06/06/2019 - 11:50
Pick n Pay has launched monthly People n Planet Beach Clean-Ups which will see the retailer partner with local organisations across the country to drive public awareness for plastic waste and action for responsible disposal.  read more
Woolworths partners with WILDTRUST to boost innovative recycling villages

Woolworths partners with WILDTRUST to boost innovative recycling villages

06/06/2019 - 11:15
In celebration of World Environment Day, a day that encourages citizen-action to improve our environment, Woolworths has announced a partnership aimed at increasing recycling rates in South Africa.  read more
Pick n Pay reduces its energy intensity by well over a third

Pick n Pay reduces its energy intensity by well over a third

05/06/2019 - 15:47
Since 2008 Pick n Pay has reduced its energy intensity per square metre by 36.9% through both improvements in technology and behavioural change. The group has also expanded its solar installations.  read more
Mr Price rethinks international strategy after leaving Australia

Mr Price rethinks international strategy after leaving Australia

03/06/2019 - 13:52
Mr Price Group’s new CEO wants the retailer to take a new approach to offshore growth after the group pulled the plug on its fledgling Australian business and as it considers doing the same in Poland. read more