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Retail trends for the 2016 festive shopping season

Retail trends for the 2016 festive shopping season

09/12/2016 - 15:17
As the festive fever finally begins to take hold, retailers that can connect more to their customers while still offering world-class products and services will find themselves in high demand. read more
Christo Wiese has no regrets even after Brexit burn

Christo Wiese has no regrets even after Brexit burn

09/12/2016 - 11:59
Johannesburg/London — South African billionaire Christo Wiese navigated the upheavals of apartheid and the creation of a free nation over more than five decades to build a $6bn personal fortune. read more
Christmas cheer lifts JSE retailers

Christmas cheer lifts JSE retailers

09/12/2016 - 11:14
The JSE’s general retailers gained 4% on Thursday as punters bet on strong Christmas sales. But mixed signals from Asian markets on Friday morning made it unclear its the bourse could end the week on a high note. read more
Low spending hits Shoprite credit

Low spending hits Shoprite credit

09/12/2016 - 11:02
The lending arm of Africa’s largest retailer sees a decline in credit sales for the first time since listing read more
Steinhoff clams up on tie-up

Steinhoff clams up on tie-up

08/12/2016 - 14:59
Steinhoff CEO Markus Jooste shot down speculation that the company could be looking for acquisitions in South America but danced around the question concerning a long-rumoured tie-up with Shoprite. read more
Puratos to buy half of Bidcorp Bakery

Puratos to buy half of Bidcorp Bakery

08/12/2016 - 09:17
Bid Corporation (Bidcorp), the food services conglomerate, announced on Wednesday the sale of half of its subsidiary Bidcorp Bakery Solutions (BBS) to Brussels-based Puratos Group. read more
Greenacres R420m revamp to be completed midyear

Greenacres R420m revamp to be completed midyear

08/12/2016 - 08:43
VA International Architects are nearing completion of the mammoth two-year, R420m upgrade of the Greenacres Shopping Centre. read more
R300k penalty for Premium Brand

R300k penalty for Premium Brand

08/12/2016 - 08:35
Cape Town - Premium Brand has been ordered to pay an administrative penalty of R300 500 relating to prohibited practice, the Competition Tribunal said on Wednesday.  read more
Richemont offers to scale back plan to cut watchmaking jobs

Richemont offers to scale back plan to cut watchmaking jobs

08/12/2016 - 08:32
Zurich - Richemont offered to reduce a job-cut plan by about 20%, though worker representatives still demanded more concessions from the Swiss luxury-goods maker as they protested near the headquarters of its Piaget and Vacheron Constantin brands. read more
Mondelez initiative to enhance capacity of cocoa farmers

Mondelez initiative to enhance capacity of cocoa farmers

07/12/2016 - 15:47
As production of cocoa has failed to keep pace with world demand, prices have steadily been rising for several years. Fortunately, manufacturers such as Mondelez International are taking steps to help cocoa farmers boost production. read more
Zando reports increase in mobile shopping

Zando reports increase in mobile shopping

07/12/2016 - 12:07
Zando reported an increase of orders by the factor of 11, compared to an average day in 2016 on Black Friday, 25 November. This is a record for Zando's Black Friday sales, especially as most purchases were made through the online retailer's mobile app. read more
Surge in phone shopping requires retailer strategy, says Nielsen

Surge in phone shopping requires retailer strategy, says Nielsen

07/12/2016 - 09:01
Nielsen says in order to win more customers; retail owners will need to use different tactics to cater to the different mobile-shopper needs read more
TFG to use Uber-like delivery model

TFG to use Uber-like delivery model

06/12/2016 - 08:56
The retailer takes on game-changers with its ‘deliver 2 me’ service for online fashion purchases read more
Woolworths shareholders rebel

Woolworths shareholders rebel

05/12/2016 - 09:36
Woolworths’ shareholders latched on to two of the most controversial issues in corporate governance when substantial numbers voted against the reappointment of the auditors and also against the remuneration policy at Wednesday’s annual general meeting. read more
IDC retail insights: Top 10 predictions for global retail

IDC retail insights: Top 10 predictions for global retail

01/12/2016 - 10:25
The need for digital transformation, more integrated IT and operations, business security, and rethinking the future of work are among the themes that dominate IDC Retail Insight’s top 10 predictions for worldwide retail 2017. read more
South Africans take advantage of ‘Cyber Monday’ deals

South Africans take advantage of ‘Cyber Monday’ deals

30/11/2016 - 16:39
South Africans took advantage of the "Cyber Monday" discounts offered by a range of retailers, with online store Takealot expecting to beat its performance last year. read more
Quantum plans to extend buyback

Quantum plans to extend buyback

29/11/2016 - 16:08
Shareholders approve the repurchase of Quantum shares in ‘the cheapest investment for the company’ read more
Zim supermarkets reject new bond notes in early trade

Zim supermarkets reject new bond notes in early trade

28/11/2016 - 15:30
Harare – Zimbabwean supermarkets rejected the newly-introduced bond notes in early trade on Monday, despite banks offering the local currency to depositors and excitement on the streets of Harare.  read more
Constitutional Court rules on Pick n Pay's mall exclusivity case

Constitutional Court rules on Pick n Pay's mall exclusivity case

28/11/2016 - 14:52
The Constitutional Court on Friday refused to give Pick n Pay Retailers an interdict to stop Masstores' Game store from trading as a supermarket at the Cape Gate shopping centre, despite Pick n Pay having an exclusive right to do so. read more
Grand Parade bails out of Spur deal

Grand Parade bails out of Spur deal

28/11/2016 - 09:52
Empowerment group Grand Parade Investments (GPI) – which is rolling out the Burger King franchise in SA — has cancelled its premium-priced order for a huge helping of Spur Corporation shares. read more
Retailers oppose debt-relief plan

Retailers oppose debt-relief plan

28/11/2016 - 09:24
MP criticises clothing companies for making credit too easily available to consumers read more
Pick n Pay fails in bid to block Game trading

Pick n Pay fails in bid to block Game trading

28/11/2016 - 08:46
Retail giant Massmart staved off an attempt by rival retailer Pick n Pay to prevent one of its subsidiaries, Game, from operating as a supermarket at a Western Cape shopping centre. read more
Shoprite expands into West Africa as urbanisation gathers pace

Shoprite expands into West Africa as urbanisation gathers pace

28/11/2016 - 08:30
Harare – Shoprite's expansion in West Africa has provided a growth pad for Zambian meat processing company Zambeef, which is running in-store butcheries in partnership with the SA grocer in the region. read more
Johann Rupert's job cuts at Richemont shock Swiss watchmakers

Johann Rupert's job cuts at Richemont shock Swiss watchmakers

25/11/2016 - 13:41
Geneva - Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves from Geneva to some of the country’s remote mountain villages, the cradle of high-end watch manufacturing. read more
Masstores' Game wins ConCourt battle against Pick n Pay

Masstores' Game wins ConCourt battle against Pick n Pay

25/11/2016 - 13:19
Johannesburg- Walmart-owned Masstores has succeeded in its appeal at the Constitutional Court to have the right to operate as a supermarket that sells fresh foods at a Western Cape shopping centre. read more
SABMiller deal boosts Deutsche Bank

SABMiller deal boosts Deutsche Bank

25/11/2016 - 10:54
Deutsche Bank is heading for its best annual performance in SA after winning a key role on the biggest beer acquisition in history. read more
Sovereign Foods swings into first-half loss

Sovereign Foods swings into first-half loss

24/11/2016 - 12:24
Sovereign Foods buckled under the pressure from rising feed costs and increased poultry imports as it swung into a loss in the six months to end-August. read more
Mega Menlyn mall expects 2m visitors in December

Mega Menlyn mall expects 2m visitors in December

24/11/2016 - 09:07
Johannesburg – The newly redeveloped Menlyn Park Shopping Centre is the largest mall in Africa and 2m people are expected to visit the mall in December, say developers.  read more
Edcon aims to win hearts and reap rewards in peak season

Edcon aims to win hearts and reap rewards in peak season

24/11/2016 - 09:02
The season, which runs from October to December, is driven by holiday and back-to-school shopping. Edcon has historically generated a third of its annual sales in this quarter.  read more
Malls set to enjoy fair trade this festive season

Malls set to enjoy fair trade this festive season

23/11/2016 - 16:25
Johannesburg - This holiday season is likely to ring in fair festive retail sales despite 2016’s frail and fickle economy. read more
Tiger Brands’ profit trebles after ditching the Dangote millstone

Tiger Brands’ profit trebles after ditching the Dangote millstone

23/11/2016 - 15:39
Tiger Brands reported aftertax profit of R3.3bn for the year to end-September — 3.5 times higher than the previous year’s R942m, which was dragged down by a R2.2bn write-down of its Nigerian acquisition Dangote Flour Mills. read more
Pick n Pay introduces tap and go technology to speed up service at its tills

Pick n Pay introduces tap and go technology to speed up service at its tills

23/11/2016 - 12:23
Pick n Pay has introduced tap-and-go technology in its stores‚ and the JSE-listed retailer says this will significantly reduce queues at tills. read more
Black Friday back & bigger at Checkers, up to 50% off on everyday products

Black Friday back & bigger at Checkers, up to 50% off on everyday products

23/11/2016 - 10:23
The world’s biggest sales promotion is back at Checkers on Friday, 25 November. Checkers was the first food retailer to bring Black Friday to South Africa in 2014, and this year it is again discounting prices by up to 50% on everyday products that were carefully selected with consumers’ shopping needs in mind. read more
Edcon returns to profit after Bain cedes control

Edcon returns to profit after Bain cedes control

23/11/2016 - 08:37
Edcon returned to profit in the second quarter after debt repayment costs eased following the exit of US private equity firm Bain Capital, while the retailer cleared unwanted stock to boost sales over the busy festive period. read more
A case for retaining customers during shopping centre redevelopment

A case for retaining customers during shopping centre redevelopment

22/11/2016 - 11:49
Successfully redeveloping a shopping centre involves myriad considerations, not least of which is how to look after existing customers during the chaos of construction. Olive Ndebele, GM of Menlyn Park Shopping Centre in Pretoria, tells us how they did it. read more
Retail security trends for 2017 - 'servification' and DNA protection

Retail security trends for 2017 - 'servification' and DNA protection

22/11/2016 - 10:01
With constant security threats like robberies, theft, and burglaries, and increasing concern, Monica Hallin, CEO of Vindico Group, identifies three of the most prominent trends in retail security for 2017. read more
Rhodes and Pioneer warn over drought

Rhodes and Pioneer warn over drought

22/11/2016 - 09:56
Strain could be felt in 2017, food producers say as country swings to importing white maize  read more
Malls gear up for Black Friday

Malls gear up for Black Friday

21/11/2016 - 15:31
The countdown to Black Friday has begun. And retailers across the country are preparing for an influx of shoppers on the busiest shopping day of the year. read more
Danone dumps Chinese purified water company

Danone dumps Chinese purified water company

21/11/2016 - 10:14
Danone has offloaded its Chinese purified water company, Robust Co. Ltd., to local company Win Holding for an undisclosed fee. read more
Retailers slow to adopt real-time payment systems

Retailers slow to adopt real-time payment systems

21/11/2016 - 08:28
Integrated payment systems result in improved efficiency, reduced risk and costs for consumers, merchants and banks, so what's stopping retailers from making the shift? read more
Spar brand in Zim transfers to new entity

Spar brand in Zim transfers to new entity

21/11/2016 - 08:20
Harare – The Spar brand will still be available in Zimbabwe, despite South Africa’s Spar Group's move to stop its distribution business in the country as the licence for the brand has now been transferred to a new entity, Spar Zimbabwe. read more
Dis-Chem Pharmacies dips on market debut

Dis-Chem Pharmacies dips on market debut

18/11/2016 - 12:36
Chemist chain Dis-Chem made its debut on the JSE on Friday, with its shares opening at R23.26 and valuing it at around R20bn. read more
High-spirited Spar has a big year

High-spirited Spar has a big year

17/11/2016 - 10:38
Spar Group has reported a 12% surge in full-year operating profit, largely defying the malaise in the local retail sector and the Brexit-inspired dip in Europe’s consumer confidence. read more
Dis-Chem’s share issue provokes retail outrage

Dis-Chem’s share issue provokes retail outrage

17/11/2016 - 09:51
Retail investors, many of whom are loyal Dis-Chem customers, are up in arms because they received no shares in the placement of 236.8-million Dis-Chem shares ahead of Friday’s listing on the JSE. read more
Pioneer Foods aqcuires a strategic stake in Weetabix East Africa

Pioneer Foods aqcuires a strategic stake in Weetabix East Africa

16/11/2016 - 16:08
Pioneer Foods Group Limited announced today that it would acquire a 49.8% stake in major FMCG manufacturer Weetabix East Africa Limited for an undisclosed amount. This will establish a strategic beachhead for Pioneer Foods in East Africa and the opportunity to build a significant cereal position in the region. read more
Expansion into Switzerland lifts Spar

Expansion into Switzerland lifts Spar

16/11/2016 - 10:55
Group says the performance of Build It continues to defy pressure on consumer spending, with retail sales and same-store growth both increasing  read more
 Weaker Mr Price pins hope on Christmas sales

Weaker Mr Price pins hope on Christmas sales

15/11/2016 - 09:01
Cape Town – A difficult trading environment and a late start to the winter have put pressure on Mr Price Group’s financial results posted for the 26 weeks ended 1 October 2016.  read more
Rhodes Food Group advises on likely increases

Rhodes Food Group advises on likely increases

14/11/2016 - 15:26
Johannesburg - Rhodes Food Group advised shareholders on Monday that it expects certain increases in earnings for the year ended September 25, 2016. read more
Mr Price’s home division offsets slump in clothing sales

Mr Price’s home division offsets slump in clothing sales

14/11/2016 - 09:52
Retailer Mr Price managed to offset some of the slump in clothing sales with better performance by its other divisions. read more
Woolworths pins its hopes on summer sales

Woolworths pins its hopes on summer sales

11/11/2016 - 11:53
Summer sales might offer a helpful fillip for clothing retailer Woolworths after a poor winter start to the first 19 weeks of this financial year. read more
Clicks clears hurdle to run Netcare pharmacies

Clicks clears hurdle to run Netcare pharmacies

11/11/2016 - 09:41
Cape Town – The Competition Tribunal announced on Thursday that it has approved – with conditions – the merger between Clicks and Netcare’s in-hospital “front shops”. read more
TFG crosses R1bn mark in interim headline earnings

TFG crosses R1bn mark in interim headline earnings

11/11/2016 - 08:53
Apparel retailer TFG’s interim headline earnings exceeded R1bn for the first time — a result that CEO Doug Murray said was achieved through diversification, international expansion, discipline and cost control. read more
Google Shopping expected to significantly shift the e-commerce landscape in SA

Google Shopping expected to significantly shift the e-commerce landscape in SA

10/11/2016 - 11:23
Google Shopping has delivered excellent results for global brands and with a South African launch immanent, global search and digital marketing specialists, Clicks2Customers looks at what local brands should be doing to ensure they are not left behind when the virtual doors open. read more
No basis for grocer probe, says Pick n Pay

No basis for grocer probe, says Pick n Pay

10/11/2016 - 11:03
Pick n Pay does not believe there is a basis for the inquiry into the grocery retail sector. In its nonconfidential submission prepared by law firm Nortons to the panel overseeing the process, the retailer says there is a relatively clear difference between the formal and informal grocery retail trade. read more
Home and décor speciality mall set for Johannesburg

Home and décor speciality mall set for Johannesburg

10/11/2016 - 08:57
Speciality malls might not be the norm in SA, but a new one in Johannesburg focused on home and décor might offer a boost for small businesses. read more
Lewis more than halves its interim dividend

Lewis more than halves its interim dividend

09/11/2016 - 10:27
Furniture retailer Lewis more than halved its interim dividend to R1 from the matching period’s R2.15. read more
 Checkers first major SA supermarket to develop private label, banting-friendly range

Checkers first major SA supermarket to develop private label, banting-friendly range

09/11/2016 - 09:59
Checkers is the first major South African supermarket to develop an exclusive, banting-friendly product range specifically with consumers’ needs in mind. read more
South African retail industry gears up for the holiday season

South African retail industry gears up for the holiday season

09/11/2016 - 09:46
Data released by Statistics South Africa in mid-September shows that the pace of retail sales growth eased in July, rising just 0.8% year-on-year (y-o-y). The July growth rate was well down on the 1.4% posted the previous month, though retail sales rose overall 2% y-o-y in the three months through to the end of July. read more
Clothing, textile and footwear showcased

Clothing, textile and footwear showcased

09/11/2016 - 09:33
Cape Town - The 18th International Apparel, Textile and Footwear (ATF) Import Trade Exhibition takes place in the Cape Town International Convention Centre (CTICC) until Thursday, November 10. read more
Dunkin' Donuts SA launch exceeds sales targets by 100%

Dunkin' Donuts SA launch exceeds sales targets by 100%

08/11/2016 - 09:16
Approximately 100,000 donuts and more than 2,500 cups of coffee were sold during the launch weekend, exceeding sales targets by 100%. This is according to Dunkin' Donuts South Africa COO Davin Berrill. read more
 Spar advises on results expectations

Spar advises on results expectations

08/11/2016 - 08:45
Johannesburg - Spar is in the process of finalising its results for the year ended 30 September 2016. read more
Nestle pays $145 million for stake in biotech firm Aimmune

Nestle pays $145 million for stake in biotech firm Aimmune

07/11/2016 - 11:25
Nestle SA’s health unit is investing $145 million for a 15 percent stake in Aimmune Therapeutics Inc., a California maker of food-allergy therapies. read more
Pick n Pay: Time to turn the retail tide

Pick n Pay: Time to turn the retail tide

07/11/2016 - 09:20
"Retailing is not complicated - it's just hard to do well." read more
Octodec urged to dispose of Killarney Mall

Octodec urged to dispose of Killarney Mall

04/11/2016 - 16:07
Now may be the time for central business district (CBD)-focused Octodec Investments to sell Killarney Mall, an asset that remains a dud in its R12.3bn property portfolio. read more
L’Oreal shares surge as demand grows for premium makeup brands

L’Oreal shares surge as demand grows for premium makeup brands

04/11/2016 - 13:56
L’Oreal SA’s shares soared the most in almost seven months after revenue beat analysts’ estimates on rising demand for the cosmetic maker’s high-end brands in North America. read more
 Richemont announces changing of the guard amid profit plunge

Richemont announces changing of the guard amid profit plunge

04/11/2016 - 11:17
Geneva - Richemont [JSE:CFR], the maker of Piaget jewelry and IWC Schaffhausen timepieces, said chief executive officer Richard Lepeu and chief financial officer Gary Saage will retire next year as it reported a decline in first-half profit. read more
FreshStop at Caltex opens its largest forecourt convenience store in South Africa

FreshStop at Caltex opens its largest forecourt convenience store in South Africa

04/11/2016 - 09:17
FreshStop, the fastest growing and largest convenience retail brand in South Africa, continues to lead the convenience retail industry with the opening of its new flagship store in Caledon in the Western Cape on the busy N2 commuter highway. As its largest convenience retail store in the country with 400m2 of retail space alone, FreshStop at Caltex Caledon’s official opening took place on Thursday, 27 October 2016.  read more
R950m mall to open in Springs on 16 March 2017

R950m mall to open in Springs on 16 March 2017

04/11/2016 - 09:06
Springs Mall, a R950m joint venture investment by Blue Crane Eco Mall, Flanagan & Gerard Property Development & Investment, REIT Vukile Property Fund and Murinda Investments, will open on 16 March 2017. read more
Truworths’ share price tumbles

Truworths’ share price tumbles

03/11/2016 - 11:28
Truworths’ share price tumbled 7% to R66.21 on Thursday morning after it said sales in its first 18 trading weeks declined by 1% to R4.4bn, excluding its acquisition of UK shoe chain Office. read more
Cape Union Mart Group acquires Keedo

Cape Union Mart Group acquires Keedo

02/11/2016 - 11:14
As part of its 2020 growth plan, Cape Union Mart Group has acquired the 25 shops and factory that constitute Keedo, a South African designer and manufacturer of children's clothing. Founded by Nelia Annandale in 1993, the chain will continue to operate independently under Annandale. read more
H&M, Cotton On expose SA retailers on price, fashion - analyst

H&M, Cotton On expose SA retailers on price, fashion - analyst

02/11/2016 - 11:07
Cape Town – Stuttafords’ application for business rescue is a symptom of the local fashion retail industry, whose price points and fashionability have been exposed by international retailers entering the market. read more
 Stuttafords liquidation will be avoided - CEO

Stuttafords liquidation will be avoided - CEO

01/11/2016 - 08:38
Cape Town - Retailer Stuttafords is a salvageable business and management believes it would not have to be liquidated, CEO Robert Amoils told Fin24. read more
OK Franchise Division announces winning franchisees

OK Franchise Division announces winning franchisees

31/10/2016 - 16:51
The OK Franchise Division (OKFD) has announced its 2016 Franchisee of the Year titles at its annual OKFD conference, which was held in Bali earlier this month. read more
Edgars opens first ever Kelso store

Edgars opens first ever Kelso store

31/10/2016 - 15:31
The Edcon Group opened its first ever standalone Kelso store at the Tyger Valley Shopping Centre in Cape Town on the weekend... read more
Meet the man who will fill Whitey Basson's shoes

Meet the man who will fill Whitey Basson's shoes

31/10/2016 - 14:24
Cape Town – The man named to take over the role of Shoprite CEO in 2017 will have to fit into the shoes of a giant after Whitey Basson announced he would retire at the end of 2016. read more
Stuttafords seeks voluntary business rescue to secure future

Stuttafords seeks voluntary business rescue to secure future

31/10/2016 - 14:18
Cape Town - Stuttafords announced on Monday it will apply for voluntary business rescue after numerous measures failed to mitigate the effects of the tough economic climate and the impact of customer migration to lower-priced products. read more
Dis-Chem shows off a pretty margin

Dis-Chem shows off a pretty margin

31/10/2016 - 11:17
The pre-listing statement for fast-growing health-care retailer Dis-Chem — which will make its JSE debut on November 18 — shows a rosy operating margin of 6% for the financial year to end-February and the interim period to end-August. read more
Rhodes Food to buy Ma Baker

Rhodes Food to buy Ma Baker

31/10/2016 - 11:00
Rhodes Food Group is acquiring Pietermaritzburg-based pie maker Ma Baker for R212m, it announced on Monday morning. read more
Whitey Basson to step down as Shoprite CEO

Whitey Basson to step down as Shoprite CEO

31/10/2016 - 10:41
Whitey Basson will be succeeded as Shoprite CEO by chief operating officer Pieter Engelbrecht on January 1, the grocery chain announced at its annual general meeting on Monday morning. read more
Pick n Pay and Gauteng Department of Economic Development support more spaza entrepreneurs

Pick n Pay and Gauteng Department of Economic Development support more spaza entrepreneurs

31/10/2016 - 09:36
A partnership between Pick n Pay and the Gauteng Department of Economic Development (GDED) to regenerate entrepreneurial grocery stores will see its second store open in Diepkloof. read more
Clicks earnings up on strong retail trading

Clicks earnings up on strong retail trading

31/10/2016 - 08:56
Cape Town – Clicks Group delivered another strong trading performance in the year to August 2016 as retail turnover increased by 12.8%, again highlighting the resilience of the group’s business model and the health and beauty markets in which it trades. read more
Woolworths tops the scoreboard in renewable commitment

Woolworths tops the scoreboard in renewable commitment

28/10/2016 - 09:20
A bi-annual update on Greenpeace's Shopping Clean: Retailers and Renewable Energy report shows that Woolworths is still making the greatest progress in its renewable energy commitment, while Shoprite is bottom of the heap. read more
South African private labels now account for R38.4bn of consumer spend

South African private labels now account for R38.4bn of consumer spend

27/10/2016 - 15:31
Private labels (PL) or house brands are no longer the poor cousin of the retail trade; the new Nielsen 'State of Private Labels in South Africa' report reveals that they now account for R38.4-billion of consumer spend at hypermarket/supermarket tills or R10 out of every R50 spent. In addition, 63% of South Africans now feel that private label quality is 'as good as that of established name brands'. read more
Clicks's UK franchises show strong sales growth

Clicks's UK franchises show strong sales growth

27/10/2016 - 11:44
Clicks reported on Thursday that group revenue was up 9.6% to R25.5bn for the year to end-August. read more
Spar South Africa promotes sustainable seafood

Spar South Africa promotes sustainable seafood

27/10/2016 - 09:49
Spar South Africa has taken steps to ensure that its own brand seafood supports sustainable and well-managed fisheries, as part of an initiative to promote responsibly-produced seafood. read more
The Sanctuary opens in Somerset West

The Sanctuary opens in Somerset West

27/10/2016 - 09:12
Anchored on the corner of the R44 and De Beers Avenue, The Sanctuary, a R400m mixed-use retail and convenience development, has opened in Somerset West. The three-storey building is made up of 8,000m² retail space on the ground floor, with a further 8,000m² of optic fibre-connected office space and a gym on floors one and two. read more
Maserati SA set for expansion

Maserati SA set for expansion

27/10/2016 - 09:06
Johannesburg - Since its re-launch in South Africa last year, Italian luxury car manufacturer, Maserati has lost no time in establishing that it is here and open for business over the long-term.  read more
Toys R Us rolls out autism friendly shopping in all its stores

Toys R Us rolls out autism friendly shopping in all its stores

26/10/2016 - 12:20
Toys R Us have announced a Christmas shopping event for children affected by autism. read more
Pioneer Food forecasts earnings growth, despite challenges

Pioneer Food forecasts earnings growth, despite challenges

26/10/2016 - 10:10
Fast-moving consumer goods company Pioneer Food Group expects to deliver credible full-year results, despite the effects of the drought, which have already put a squeeze on the company’s interim earnings. For the year to end-September, Pioneer will report an increase in headline earnings per share of between 30% and 40%, from headline earnings per share of 665c in the previous year. read more
Famous Brands profits soar amid M&A spree

Famous Brands profits soar amid M&A spree

24/10/2016 - 09:02
Cape Town – Famous Brands reported a 71% increase in headline earnings per share on Monday, as the company continued to build capability and capacity amid its merger and acquisition spree. read more
Lewis expects up to 45% drop in profit in last 6 months

Lewis expects up to 45% drop in profit in last 6 months

21/10/2016 - 14:03
Cape Town – The National Credit Regulator's (NCR) affordability assessment guidelines and tough economic times have resulted in retailer Lewis’s profit dropping by up to 45% in half-year trading, it said on Friday. read more
TFG invests in management solution to safeguard supply chain

TFG invests in management solution to safeguard supply chain

21/10/2016 - 10:52
The Foschini Group (TFG) has chosen CA Southern Africa's Application Program Interface (API) management solution to support its digitalisation strategy across its 2,200 stores in 31 countries. read more
Pick n Pay's Next Generation project upgrades Nelspruit store

Pick n Pay's Next Generation project upgrades Nelspruit store

21/10/2016 - 10:47
As part of its Next Generation project, which provides customers with an improved shopping experience, a more efficient environment for staff and better service, the Pick n Pay store in Ilanga Mall Nelspruit had its relaunch this week. read more
Adidas is closing in on Nike's athletic footwear dominance

Adidas is closing in on Nike's athletic footwear dominance

21/10/2016 - 09:01
Adidas, which in recent years conceded its number two spot in sportswear to Under Armour, is now closing in on Nike's dominance in athletic footwear, according to a new report from Jefferies analyst Randal Konik, CNBC reports read more
Shoprite resolutions found objectionable

Shoprite resolutions found objectionable

20/10/2016 - 16:13
Legae Securities questions remuneration policy controls and independence of directors and auditors  read more
 Nestlé cuts sales forecast as emerging market growth slows

Nestlé cuts sales forecast as emerging market growth slows

20/10/2016 - 12:48
Zurich - Nestlé SA cut its full-year forecast after nine-month revenue rose at the weakest pace in more than a decade, hurt by slowing growth in emerging markets and deflation in most of Europe and North America.  read more
Pick n Pay’s loyalty programme ranked SA’s most popular

Pick n Pay’s loyalty programme ranked SA’s most popular

20/10/2016 - 10:51
Pick n Pay’s Smart Shopper is by far the most used loyalty programme in SA with Clicks’ ClubCard and Woolworths’ WRewards coming in at second and third place. read more
Retailers need to accept that omni-channel buying is growing rapidly

Retailers need to accept that omni-channel buying is growing rapidly

20/10/2016 - 10:21
Today's customers hop from researching products on their smartphones to viewing them in-store to ordering online without missing a beat. Technology today touches nearly every aspect of consumers' buying decisions, from researching which product to buy to paying for it. read more
Retail sales defy expectations of an improvement

Retail sales defy expectations of an improvement

19/10/2016 - 15:36
Retail sales growth slowed further in August, deepening the disappointing slowdown reported for July. read more
Alibaba reveal VR Pay technology allowing shoppers to pay with a nod

Alibaba reveal VR Pay technology allowing shoppers to pay with a nod

18/10/2016 - 12:47
Alibaba has revealed new technology allowing users to pay for goods within a virtual reality shop simply by nodding their heads. read more