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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
SA retailers and shopping centres remain steadfast

SA retailers and shopping centres remain steadfast

01/02/2018 - 11:50
Retailers and shopping centres throughout the country are reeling in from the challenging 2017 year. Despite this, retailers and shopping centres garnered support from consumers over the Festive Season. read more
The reinvention of retail demands new metrics

The reinvention of retail demands new metrics

01/02/2018 - 10:32
Recent retail earnings, as well as various industry reports, continue to support three continuing and profound trends. First, those retailers stuck in the vast and largely undifferentiated middle continue to struggle and, in some cases, face existential crises. Second, physical store traffic remains down almost entirely across the board, with little prospect of reversing. Third, e-commerce continues to gain overall market share at the expense of brick & mortar. read more
Italtile asset sales top up profit

Italtile asset sales top up profit

01/02/2018 - 08:25
Italtile expects headline earnings per share for the six months to December to rise as much as 5.8% but warned that basic earnings per share might fall. read more
H&M reports biggest profit drop in six years

H&M reports biggest profit drop in six years

31/01/2018 - 12:05
Hennes & Mauritz reported its biggest drop in profit in six years, adding pressure on CEO Karl-Johan Persson, who is trying to right the ailing Swedish clothing chain after recent slip-ups. read more
Improved third-quarter sales lift Lewis out of slump

Improved third-quarter sales lift Lewis out of slump

31/01/2018 - 10:16
Lewis Group’s share price jumped 33% last week after the furniture retailer announced improved quarterly sales. read more
Cotton On launches online store and rewards programme

Cotton On launches online store and rewards programme

31/01/2018 - 09:11
Cotton On Group launches online, Click & Collect, Store to Door and CottonOn & Co. Perks  read more
Maerula Mall to host first Valentine's Day Gift Market

Maerula Mall to host first Valentine's Day Gift Market

30/01/2018 - 14:04
The one day a year dedicated entirely to love and romance will be celebrated in style at Maerua Mall this February, with a Valentine’s Day Gift Market in the Mr Price atrium from 9 to 14 February. read more
Offshore markets: SA retailers face the reality of expansion ambitions

Offshore markets: SA retailers face the reality of expansion ambitions

30/01/2018 - 09:37
A herd mentality has seen many local retailers burn their fingers in the UK and Australia. read more
Cape Town retailers prepare for water stockpiling ahead of day zero

Cape Town retailers prepare for water stockpiling ahead of day zero

29/01/2018 - 11:38
With the imminent arrival of Day Zero, Capetonians have been dashing to the stores to stockpile water for when taps run dry. read more
Is Woolworths 'in need of a shake-up?'

Is Woolworths 'in need of a shake-up?'

29/01/2018 - 10:36
Analysts are divided on whether Woolworths CEO Ian Moir should fall on his sword after the retailer was forced to impair the value of its Australian department store chain, David Jones, by nearly R7bn. read more
The impact of generous returns policies on retailers

The impact of generous returns policies on retailers

26/01/2018 - 13:17
Returns have become an increasingly important aspect of eCommerce, with over 80% of shoppers reporting that they check the online outlet’s returns policy prior to making an order. read more
Woolworths reveals R7bn David Jones setback

Woolworths reveals R7bn David Jones setback

25/01/2018 - 09:14
Woolworths said on Wednesday it had impaired the value of Australian department store chain David Jones by nearly R7bn, or about a 10th of the South African retailer’s total market capitalisation. read more
Increase in BAT share price lifts Reinet

Increase in BAT share price lifts Reinet

24/01/2018 - 10:21
Reinet Investments’ share price rose 8.5% to R289.99 on Wednesday after issuing its December quarter management statement. read more
AVI expects stronger rand to lift earnings

AVI expects stronger rand to lift earnings

24/01/2018 - 08:20
Consumer brands group AVI expects a rise in half-year earnings lifted by a stronger rand read more
Poundland seeks management buyout after Steinhoff scandal

Poundland seeks management buyout after Steinhoff scandal

23/01/2018 - 13:53
Poundland, the UK discount store chain Steinhoff International acquired for £610m in July 2016, wants to divorce itself from its scandal-ridden parent via a management buyout, UK newspaper The Telegraph reported. read more
Lewis shares soar after quarterly trading update

Lewis shares soar after quarterly trading update

23/01/2018 - 11:32
Furniture retailer Lewis’s share price rose as much as 16.5% to R28.31 on Tuesday morning, following the release of its December-quarter trading update. read more
Opening of more stores boosts Cashbuild

Opening of more stores boosts Cashbuild

23/01/2018 - 08:30
Opening more stores in SA helped to raise Cashbuild’s revenue 4% in the second quarter of its 2018 financial year, which ends in June. read more
Pick n Pay appoints new Retail MD

Pick n Pay appoints new Retail MD

22/01/2018 - 13:53
Pick n Pay announced the appointment of Pedro Da Silva as Retail Managing Director, reporting to CEO Richard Brasher. read more
SA retail: what's holding us back from achieving the omnichannel vision?

SA retail: what's holding us back from achieving the omnichannel vision?

22/01/2018 - 12:05
Many South African retailers remain steadfast in their traditional business models, characterised by high-touch, ‘bricks-and-mortar’ engagements, as they try to create the best possible in-store experiences.  read more
'3 for 2' helps Clicks grow festive season sales

'3 for 2' helps Clicks grow festive season sales

22/01/2018 - 10:33
Health and beauty retailer Clicks said in a trading update on Monday it has continued on a strong growth trend in the 20 weeks to mid-January 2018.  read more
Steinhoff boosted by update

Steinhoff boosted by update

19/01/2018 - 10:40
The Steinhoff share price ticked up briefly on Thursday after the release of a "process and liquidity update" in which the group said it was seeking waivers from some European funders and that it expected to be able to pay cash interest on "all its existing financial indebtedness at the ordinary contractual rate over the near-term forecasted period". read more
Tough times stunt Massmart growth

Tough times stunt Massmart growth

19/01/2018 - 08:43
Massmart recorded muted growth for the year to December as it battled a weaker economy and stronger rand.  read more
Shoprite feels African slowdown

Shoprite feels African slowdown

18/01/2018 - 16:51
Shoprite’s non-South African supermarket division recorded negative growth for the six months to December, owing to the effect of lower commodity prices on and the depreciation of currencies of the countries in which the group operates. read more
L’Oréal grows Chinese skin to test products

L’Oréal grows Chinese skin to test products

18/01/2018 - 14:28
Using living cells from donors, the company is developing targeted cosmetics for its fastest-growing market.  read more
What South African consumers can expect from the ladieswear category in 2018

What South African consumers can expect from the ladieswear category in 2018

18/01/2018 - 10:54
There is a massive new trend in ladieswear for 2018. Raynard Potgieter, Buying Director at Ackermans, notes that if brands want to cater to the South African market, they need to have a better understanding of their female customer's needs.  read more
Mr Price bounces back with sales surge

Mr Price bounces back with sales surge

18/01/2018 - 08:43
Mr Price outperformed other retailers in the three months to December, recording 8.3% growth in sales. read more
Whitey stands by Christo Wiese

Whitey stands by Christo Wiese

17/01/2018 - 14:47
Former Shoprite Holdings CEO Whitey Basson says he vouches for the honesty of his friend and fellow Shoprite shareholder of many years, former Steinhoff chairman Christo Wiese, and will assist the collapsed furniture, apparel and home products retailer if he can. read more
Rhodes Food Group takes on BOS Ice Tea distribution

Rhodes Food Group takes on BOS Ice Tea distribution

17/01/2018 - 11:46
BOS Brands, whose range of iconic rooibos ice teas has revolutionised the South African ice tea market since launching in 2010, is set for further growth after signing a sales and distribution agreement with Rhodes Food Group (RFG), one of Southern Africa’s oldest and largest food producing and distribution companies. read more
5 Key trends that will shape convenience retail in 2018

5 Key trends that will shape convenience retail in 2018

17/01/2018 - 10:10
With the continued growth and awareness of the convenience retail sector and the strengthening of its position as part of the traditional retail industry, organisations such as the National Association of Convenience Stores (NACS) are employing the expertise of convenience and fuel retailing industry professionals from around the world to discuss and debate international best practice on key trends and developments and rate best in class international retailers. read more
Lindt & Sprüngli reports weakest sales growth in nearly a decade

Lindt & Sprüngli reports weakest sales growth in nearly a decade

16/01/2018 - 15:35
Swiss chocolate maker Lindt & Sprüngli reported its weakest sales growth in nearly a decade on Tuesday, hurt by ongoing problems at its Russell Stover business. read more
Shoprite shares fall after lacklustre update

Shoprite shares fall after lacklustre update

16/01/2018 - 13:42
Grocery chain Shoprite’s share price fell as much as 7% before recovering to trade 1.6% lower at R210 at 9.25am after reporting a sharp slowdown in interim sales growth. read more
Pick n Pay helps boost township businesses

Pick n Pay helps boost township businesses

16/01/2018 - 13:07
The launch of the two modernised spazas in Gugulethu and Nyanga marks phase 2 of the Pick n Pay's spaza innovative modernisation programme which seeks to revitalise township economy. read more
Basson takes up nonexecutive role at dairy group Clover

Basson takes up nonexecutive role at dairy group Clover

16/01/2018 - 10:48
Whitey Basson is back in the driving seat months after his exit from Shoprite, accepting an offer to become an independent nonexecutive director of JSE-listed dairy group Clover. read more
Pick n Pay, Shoprite, and Checkers are set for big changes in 2018

Pick n Pay, Shoprite, and Checkers are set for big changes in 2018

16/01/2018 - 10:29
The overarching theme for South African retailers in 2018 will be the pace and rate of change they are expected to undergo over the next year.  read more
Woolworths down on poor sales

Woolworths down on poor sales

16/01/2018 - 09:46
The Woolworths share price dropped nearly 9% on Monday as the retailer reported poor sales in some of its businesses and lower headline earnings per share. read more
H&M must ‘invest in building bridges’ after racial blunder‚ says communication expert

H&M must ‘invest in building bridges’ after racial blunder‚ says communication expert

15/01/2018 - 15:48
Swedish multinational clothing-retail company H&M would have to "invest in building bridges" after its blunder involving a racially offensive hoodie‚ says inter-cultural communication expert Jette Kristiansen. read more
Massmart recognises top performing matriculants

Massmart recognises top performing matriculants

12/01/2018 - 10:57
Massmart recently recognised South Africa’s top-performing students at the 2017 announcement of the National Senior Certificate Examinations results. The results were officially announced today by the Minister of Basic Education, Angie Motshekga at a ceremony held in Auckland Park, Johannesburg. read more
Shoprite partners with the Mutshidzi Community Centre to implement sustainable solutions

Shoprite partners with the Mutshidzi Community Centre to implement sustainable solutions

12/01/2018 - 09:52
With access to drinking water and food security being a major challenge in the rural village of Tshavhalovhedz in Limpopo, the Shoprite Group partnered with the Mutshidzi Community Centre (MCC) to implement a number of sustainable solutions. read more
Asia-Pacific region lifts Richemont

Asia-Pacific region lifts Richemont

11/01/2018 - 13:25
Luxury goods retailer Richemont said on Thursday that wholesale revenue declined while retail revenue grew in the nine months to end-December, reflecting the company’s shift from traditional retailers to online-based sales. read more
Woolworths adds Balmain brand in Australia

Woolworths adds Balmain brand in Australia

11/01/2018 - 08:21
Clothing and food retailer Woolworths is looking to bolster sales in the struggling Australian unit by adding the Balmain brand to its offerings. read more
Steinhoff races to avoid cash crunch at subsidiaries

Steinhoff races to avoid cash crunch at subsidiaries

10/01/2018 - 13:27
South African furniture retailer Steinhoff is racing to plug a €200m funding gap in the next few days to avoid a small unit such as Austrian Kika-Leiner pulling down the entire group, sources close to the negotiations said. read more
Sovereign Foods abattoir back in operation after listeriosis scare

Sovereign Foods abattoir back in operation after listeriosis scare

09/01/2018 - 09:52
Sovereign Foods’ poultry abattoir in Hartbeespoort is back in operation following its closure on December 22 by the government to control the spread of Listeria.  read more
H&M could be planning new online outlet store

H&M could be planning new online outlet store

05/01/2018 - 14:16
Reports have emerged that H&M may be planning to launch an online outlet platform which sells a variety of brands at discounted prices. read more
Quicksilver owner to acquire Billabong in major sportswear merger

Quicksilver owner to acquire Billabong in major sportswear merger

05/01/2018 - 09:58
US company Boardriders, which owns the Quicksilver brand, has signed an agreement to acquire Australian rival Billabong, merging two major names in sportswear, the firms announced. read more
Steinhoff finance chief steps down to focus on improving liquidity

Steinhoff finance chief steps down to focus on improving liquidity

05/01/2018 - 09:17
Steinhoff said after the JSE’s close on Thursday that Ben la Grange had stepped down as finance chief to focus on shoring up liquidity within the beleaguered retailer, which said "significant near-term liquidity" was still needed. read more
BAT to buy SA’s biggest vaping company in a move to ‘next-generation products’

BAT to buy SA’s biggest vaping company in a move to ‘next-generation products’

03/01/2018 - 11:09
Cigarette giant and rand-hedge British American Tobacco (BAT) SA is buying SA’s biggest vaping company‚ Twisp. read more
Checkers expands its Oh My Goodness! range

Checkers expands its Oh My Goodness! range

03/01/2018 - 10:44
Checkers has expanded its range of Oh My Goodness! kiddies’ convenience meals, which was voted best in South Africa by the Sunday Times Tried & Tested Food Awards last year. read more
Sugar tax effect smaller than thought, says Pioneer Foods

Sugar tax effect smaller than thought, says Pioneer Foods

21/12/2017 - 14:29
The health promotion levy, or sugar tax, will not be as negative for beverage producers as has been initially expected, Pioneer Foods says in its latest integrated report for 2017. read more
Stronger rand lifts clothing retailers

Stronger rand lifts clothing retailers

20/12/2017 - 16:28
Share prices of clothing retailers rose strongly on Tuesday, lifted by the stronger rand, but analysts suspect the rally may end soon.  read more
Shoprite delivers packages of love to mothers in Nelson Mandela Bay

Shoprite delivers packages of love to mothers in Nelson Mandela Bay

20/12/2017 - 13:44
With less than one week left before Christmas, the festivities are everywhere. Some have been blessed with the joy of motherhood but may also be worried about the financial impact. Shoprite reached out to help make this time a little easier for mothers from seven public hospitals and clinics.  read more
Union announces strike at Shoprite Checkers on Friday

Union announces strike at Shoprite Checkers on Friday

20/12/2017 - 10:59
Pre-Christmas shopping may be disrupted on Friday when supermarket workers down tools. read more
Shoppers expected to hit the stores on December 22nd and 23rd

Shoppers expected to hit the stores on December 22nd and 23rd

20/12/2017 - 10:34
Post Black Friday sale fatigue and consumers under financial pressure could minimise Christmas spend in 2017, according to Taleo Retail Advisory’s head Sash Padayachee. read more
Reshuffle of Steinhoff’s management board sees three new appointments

Reshuffle of Steinhoff’s management board sees three new appointments

20/12/2017 - 09:36
Steinhoff International promoted its chief operating officer, Danie van der Merwe, to acting CEO on Tuesday. read more
Shoprite steps in to help relieve hunger in the Eastern Cape

Shoprite steps in to help relieve hunger in the Eastern Cape

19/12/2017 - 14:04
Responding to reports of extreme hunger and malnutrition in the Nelson Mandela Bay area, the Shoprite Group has donated 500 food parcels to the Missionvale Care Centre in Port Elizabeth. read more
Christmas shopping predictions 2017

Christmas shopping predictions 2017

19/12/2017 - 10:52
It is no secret, consumers are feeling the pinch. This year, has been an economic challenge of note. Retailers and shopping centres alike have faced obstacles unlike previous years but despite this, many have remained steadfast and continue to weather the storm. read more
Retailers brace for bumper festive season

Retailers brace for bumper festive season

19/12/2017 - 10:32
Despite tough trading conditions and subdued growth, retailers are set to have a bumper festive season.  read more
Nestlé sells off tea brands to sharpen focus on bottled water

Nestlé sells off tea brands to sharpen focus on bottled water

19/12/2017 - 08:35
Nestlé has sold two of its iced tea brands in North America as the world’s biggest food maker presses ahead with reshaping its business to focus on new trends and consumer healthcare. read more
Retailers move into high gear this festive season

Retailers move into high gear this festive season

18/12/2017 - 16:13
Annually, search retail queries increase steadily before Christmas with notable upticks before Black Friday, on Cyber Monday and Boxing Day. Internal Google data shows that customers are prepared to spend more in the festive season and they are less brand loyal than usual either because they are looking for the best deals or for a specific product on someone’s gift list. read more
MySchool MyVillage MyPlanet goes digital for card free giving

MySchool MyVillage MyPlanet goes digital for card free giving

18/12/2017 - 11:27
Just in time for the festive shopping season, one of South Africa’s largest consumer-driven fundraising programmes, MySchool MyVillage MyPlanet, has gone digital with its mobile app. The app’s new virtual card feature now allows you to give back, card-free.  read more
Grocers could hold value in tough times

Grocers could hold value in tough times

18/12/2017 - 08:33
Analysts warn that 2018 is going to be a challenging year for retailers in general, but they expect food and grocery retailers to hold their value despite a tough macro-economic environment. read more
Christo Wiese steps down as Steinhoff chairman

Christo Wiese steps down as Steinhoff chairman

15/12/2017 - 11:46
Steinhoff International chairman and largest shareholder, billionaire Christo Wiese, is stepping down from the supervisory board following the accounting scandal that has engulfed the retail giant. read more
SA egg shortage sends prices scrambling

SA egg shortage sends prices scrambling

15/12/2017 - 10:48
The flu virus takes its toll.  read more
Shopping malls getting bigger, says study

Shopping malls getting bigger, says study

15/12/2017 - 08:50
According to a recent study conducted by Morgan Stanley Capital International (MSCI) Real Estate South Africa on behalf of the South African Council of Shopping Centres (SACSC), malls are getting bigger. read more
TFG Collect In Store expands countrywide

TFG Collect In Store expands countrywide

15/12/2017 - 08:39
The Foschini Group (TFG) has rolled out its Collect In Store service for online shoppers across the country, taking the number of participating stores to 184, and now offers the service entirely free, with no qualifying amount required. read more
Was Black Friday a win in SA?

Was Black Friday a win in SA?

15/12/2017 - 08:25
Retailers and consumers, door deals and online marketing, geo-tracking, real-time parking deals and refreshments for physical shoppers. Black Friday has evolved into a complex sales phenomenon and looks set to continue to reach new highs, despite (or because of) our rocky economic status.  read more
Steinhoff reveals accounting errors going back to 2016

Steinhoff reveals accounting errors going back to 2016

14/12/2017 - 16:45
Steinhoff International Holdings has revealed that its accounting errors stretch back into 2016, highlighting the extent of wrongdoing at the clothing and furniture retailer that’s led to an unprecedented stock slump over the last week. read more
Woolworths issues product recall on kids tees testing positive for animal fur

Woolworths issues product recall on kids tees testing positive for animal fur

14/12/2017 - 15:28
Woolworths would like to advise their customers that it was alerted to the potential use of animal fur in the pom-pom trims on three children’s t-shirts. With immediate effect, the product was removed off the shelf, pending further investigation. Independent testing was commissioned and has confirmed that the fibre used in the pom-pom trim is indeed animal fur. read more
BAT assured of solid earnings growth

BAT assured of solid earnings growth

14/12/2017 - 09:53
Cigarette company British American Tobacco (BAT) is confident of good earnings growth in the financial year to end-December on a constant currency basis. read more
L’Oreal releases its first fully plant-based hair dye

L’Oreal releases its first fully plant-based hair dye

13/12/2017 - 14:19
L’Oreal, founded more than a century ago by a French chemist who formulated safer, more natural-looking hair dyes, is releasing its first fully plant-based colouring as consumers’ definitions of naturalness and product safety evolve. read more
More probes into embattled Steinhoff as shares continue partial recovery

More probes into embattled Steinhoff as shares continue partial recovery

13/12/2017 - 13:11
Steinhoff’s share price gained another 26% to close at R11.76 on Tuesday even as more investigations into alleged fraud at the embattled global retailer were launched. read more