Shoprite Nigeria lauded for promoting cashless transactions
Shoprite - Apr 12th, 09:13
In a first for the retailer, Shoprite Nigeria was among the winners at this year’s Electronic Payment Incentive Scheme (EPIS) Efficiency Awards.
The retailer won in the category Merchants (Point of Sale) for recording the highest volume of cashless transactions in 2018.
The EPIS Efficiency Awards celebrate, among others, financial institutions and merchants driving electronic payments in Nigeria. The awards are jointly organised by the Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System. It was recently held in Lagos.
It is part of a broader strategy, spearheaded by the CBN, to reduce the cash in circulation in Nigeria. Shoprite has supported this strategy for the last five years and subsequently has seen card transactions steadily rise to where it currently makes up 40% of all point of sale transactions in its 25 stores.
Pick n Pay unveils its revamped "On Nicol" flagship store
18/10/2019 - 10:59
Pick n Pay’s flagship store On Nicol officially welcomed customers after a comprehensive revamp. The refurbished store has an exciting array of new offerings with the very best in retail concepts developed in South Africa and from around the world. Customers can expect an enhanced fresh food experience, a huge focus on product quality, a much-improved range, innovative third-party services, and refreshed customer service.
Marks & Spencer targets new store concept in bid to drive growth
18/10/2019 - 10:18
For a taste of CEO Steve Rowe’s ambitions to transform Marks & Spencer Group (M&S), look no further than its newly refurbished shop in London’s Clapham neighbourhood.
Food garden provides sustenance and jobs in rural community
18/10/2019 - 09:45
Community food gardens are often started to provide fresh vegetables to underprivileged people living in rural areas, but in many cases, these small-scale farms also offer employment in places where jobs are hard to come by.
Ackermans launches futuristic concept store
16/10/2019 - 16:17
Ackermans, one of South Africa’s longest-standing value retailers, launched its first technology-driven concept store in Sandton City, Johannesburg.
Sainsbury's best performing of the big four but discounters still gaining ground
16/10/2019 - 09:17
Latest grocery market share figures from Kantar show total supermarket sales grew by 1.3% year-on-year over the 12 weeks to 6 October with Sainsbury’s continuing its recent run of better performance following investment in cutting prices and improving its offer.