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SA "Black Friday" sales expected to rise 30% year-on-year

SA "Black Friday" sales expected to rise 30% year-on-year

18/10/2019 - 12:50
South African businesses have begun preparing for what looks to be another bumper Black Friday trading day, with sales predicted to be up 30 percent from last year, online largest payment service provider PayGate said. read more
Consumers are pushing transformation in the retail industry

Consumers are pushing transformation in the retail industry

18/10/2019 - 10:54
Hearing from some of the best speakers in the retail industry, 480 minutes of thought-provoking and relevant insights, amazing networking opportunities and the exchange of ideas. The realisation that the retail sector is rapidly changing and to survive and ensure sustainability, businesses need to evolve – it is no longer a ‘nice to have’ – it’s a necessity – this was the 2019 SACSC Congress. read more
Marks & Spencer targets new store concept in bid to drive growth

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.  read more
Retail sales up 1.1% in August

Retail sales up 1.1% in August

18/10/2019 - 09:28
Measured in real terms, retail sales increased by 1.1% year-on-year in August, following a 2% jump in July, figures released on Wednesday by Statistics South Africa showed. read more
Ackermans launches futuristic concept store

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. read more
UK supermarkets join the nude-food revolution

UK supermarkets join the nude-food revolution

16/10/2019 - 10:28
British supermarkets are starting to go “nude”. read more
Sainsbury's best performing of the big four but discounters still gaining ground

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. read more
CBD oil product launching countrywide in Clicks and Dis-Chem

CBD oil product launching countrywide in Clicks and Dis-Chem

15/10/2019 - 14:43
South Africa’s top health and beauty retailers, Clicks and Dis-Chem, are both rolling out the Elixinol range of CBD full-spectrum extract products in October.  read more
Checkers launches long-awaited rewards programme

Checkers launches long-awaited rewards programme

15/10/2019 - 12:20
The wait is over - Checkers Xtra Savings is here! Africa’s largest supermarket group has introduced its latest initiative that shows their loyalty to customers, and not the other way around.  read more
Hyde Park Corner celebrates 50 fabulous years with customers

Hyde Park Corner celebrates 50 fabulous years with customers

14/10/2019 - 15:20
Hyde Park Corner is celebrating its golden anniversary with '50 & Fabulous’ celebrations that include exciting events, lucky draws, prizes, special offers, opportunities to give back, milestone exhibits and a whole lot more in October and November.  read more
Retail apocalypse narrative might be over-exaggerated

Retail apocalypse narrative might be over-exaggerated

14/10/2019 - 13:55
There are two sectors on the JSE that have fallen out of favour - Property and Retail.  read more
Christmas is coming: 3 ways retailers can ensure a more profitable festive season

Christmas is coming: 3 ways retailers can ensure a more profitable festive season

14/10/2019 - 10:29
According to Stats SA, retail figures for December 2018, showed an annual decline of 1.4% instead of the expected 2.1% growth. It seems like brick-and-mortar stores are battling against depleting footfalls and decaying consumer confidence.  read more
Big Black Friday plans for Dion Wired, Builders and Game in 2019

Big Black Friday plans for Dion Wired, Builders and Game in 2019

11/10/2019 - 11:11
Black Friday has grown to be an incredibly important ‘shopping holiday’ for South African retailers with Game and Builders reporting a 24% and 33% sales increase over the period in 2018.  read more
Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak

Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak

10/10/2019 - 14:56
As we head into the final stretch of the year it is time to start gearing up for the added demands of the summer season. From factories and warehouses to retail outlets, the entire retail chain is under added pressure during this seasonal time of high demand. Temporary employment services (TES) can help all areas of the retail sector to cater to this peak with additional and flexi staff exactly when and where they are needed, with the right skills for the job, and none of the administrative headache of hiring permanent or contract staff.  read more
Shoprite makes significant positive impact

Shoprite makes significant positive impact

10/10/2019 - 11:01
The Shoprite Group’s significant positive impact in the countries and communities in which it operates have seen it subsidise staple products to the value of R141 million, donate surplus food and goods to the value of R60.4 million and serve more than 20 million meals to communities in need in the 2019 financial year.  read more
Shoemaker Vans treads wearily as China fumes over Hong Kong

Shoemaker Vans treads wearily as China fumes over Hong Kong

09/10/2019 - 13:20
US sports brand Vans has removed “a small number” of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong’s pro-democracy protests, as companies weigh the risks of angering China. read more
Pepco Group appoints Tesco veteran to run PEPCO retail brand

Pepco Group appoints Tesco veteran to run PEPCO retail brand

09/10/2019 - 11:22
Pepco Group, a European discount retailer, has appointed former Tesco executive Trevor Masters as managing director of its largest business PEPCO. read more
Game announces brand refresh and new positioning

Game announces brand refresh and new positioning

09/10/2019 - 10:47
Game has unveiled its reinvigorated brand and new positioning, including a new pay-off line, You’ve Got Game. The refresh aims to reconnect customers with this iconic home-grown brand in a highly engaging and relatable way, while more accurately reflecting the business as it is today – says Katherine Madley, brand and customer director. read more
Clicks riding high on growth profits

Clicks riding high on growth profits

09/10/2019 - 09:32
Pharmaceutical health and beauty retailer Clicks rose to its highest level on the JSE after the group revised up its earlier guidance to investors, saying that it now expected double-digit growth in profits for the year to end August.  read more
Makro has major plans for Black Friday 2019

Makro has major plans for Black Friday 2019

09/10/2019 - 09:11
With Black Friday set to fall on 29 November 2019, a number of South Africans have already begun planning their purchases. read more
“Fashion King” David Tlale launches bespoke proudly SA shoe collection

“Fashion King” David Tlale launches bespoke proudly SA shoe collection

03/10/2019 - 15:19
Global fashion maestro, David Tlale — feted around the world for his bold and elaborate designs — has teamed up with iconic shoe brand, Crockett & Jones, to produce a must-have collection of stylish and sophisticated formal footwear for young and trendy men.  read more
Ted Baker shares battered after Chief Executive flags dire retail climate

Ted Baker shares battered after Chief Executive flags dire retail climate

03/10/2019 - 15:00
Shares in Ted Baker shed more than a third of their value on Thursday, after the British fashion retailer’s second profit warning in four months on the back of what new boss Lindsay Page called the worst business conditions in decades. read more
First profit increase in two years for H&M

First profit increase in two years for H&M

03/10/2019 - 12:59
H&M posted its first rise in quarterly pretax profit in more than two years on Thursday as the world's second-biggest fashion retailer said its drive to meet rapid changes in the market was on track. read more
How retailers can boost their bottomline? Invest more in their front-line “brand ambassadors”

How retailers can boost their bottomline? Invest more in their front-line “brand ambassadors”

03/10/2019 - 11:37
Most shopping still happens in-store rather than online, but it is clear that online shopping is a significant growth engine, so stores need to do more to drive footfall. Respondents to Zebra’s 2019 Shopper Vision Study said the top two factors that get them to spend more time in brick-and-mortar stores are product availability and helpful store associates.  read more
Minister lauds Massmart supplier programme

Minister lauds Massmart supplier programme

03/10/2019 - 11:28
Economic development minister Ebrahim Patel has applauded retailer Massmart’s programme to procure products from small, local suppliers, which has reached the R1bn mark. read more
Unlocking the holy grail on Consumer data: data, transparency and value

Unlocking the holy grail on Consumer data: data, transparency and value

03/10/2019 - 11:17
Consumer data has become a sought-after asset for every kind of business, from financial services to FMCG. For a long time, retailers have been investing millions (and millions) of Rands trying to understand their consumer’s spending habits. All retailers want to be consumer-centric, to create behavioural change in a consumer’s life cycle and to maximise business-efficiency at every point in the value chain. We all want that. read more
Inglot Cosmetics partners with Cartoon Network for limited edition ‘The Powerpuff Girls’ Beauty Collection

Inglot Cosmetics partners with Cartoon Network for limited edition ‘The Powerpuff Girls’ Beauty Collection

03/10/2019 - 10:19
Cartoon Network is proud to announce that it is collaborating with global beauty brand Inglot Cosmetics for a new limited-edition collection inspired by the original ambassadors of female empowerment The Powerpuff Girls. read more
NetFlorist gears up for Black Friday

NetFlorist gears up for Black Friday

03/10/2019 - 08:41
Black Friday falls on 29 November 2019 and NetFlorist is offering consumers extraordinary Black Friday deals and Cyber Monday specials. This is an ideal time to buy Christmas gifts, household appliances, back-to-school items and more.  read more
Smart Shopper named SA’s favourite loyalty programme for seven years running

Smart Shopper named SA’s favourite loyalty programme for seven years running

02/10/2019 - 13:03
Pick n Pay’s Smart Shopper loyalty programme has been named South Africa’s favourite loyalty programme for yet another year.  read more
Tesco's Chief Executive to step down

Tesco's Chief Executive to step down

02/10/2019 - 08:42
Tesco has made the surprise announcement that its Chief Executive Dave Lewis will step down next summer and be succeeded by Ken Murphy, a renowned executive working for Walgreens Boots Alliance. read more
Up the ante this Black Friday

Up the ante this Black Friday

01/10/2019 - 10:29
With only a few trading weeks left, brands have only a few weeks left to finalise their plans for Black Friday – which has grown into one of the most important fixtures on South Africa’s annual retail calendar in recent years.  read more
Steinhoff changes Pepkor Europe's name

Steinhoff changes Pepkor Europe's name

01/10/2019 - 09:43
Steinhoff announced on Monday that Pepkor Europe has been renamed to Pepco Group. read more
Woolworths CEO receives R190m since disastrous deal Down Under

Woolworths CEO receives R190m since disastrous deal Down Under

01/10/2019 - 09:22
Despite spearheading an ill-fated foray into Australia, Woolworths CEO Ian Moir pocketed R23m in the past year. This brings his total earnings over the past five years to R191m.  read more
Community champions help rural orphans

Community champions help rural orphans

01/10/2019 - 09:14
In 2004, when Charmaine and Andre Krugel were asked by community members of the Huntington Trust in Bushbuckridge, Mpumalanga, to help orphans and vulnerable children in the village, they couldn’t say no. read more
Forever 21 to close almost 180 outlets in the US

Forever 21 to close almost 180 outlets in the US

01/10/2019 - 08:55
Fashion retailer Forever 21 filed for bankruptcy last week, as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught of e-commerce companies such as Amazon.com. read more
Checkers Hyper reveals world-class flagship store in Sandton City

Checkers Hyper reveals world-class flagship store in Sandton City

26/09/2019 - 14:17
Checkers Hyper revealed its state-of-the-art flagship store in Sandton City, complete with chocolatier bar, an open-flame pizza oven, an in-store Kauai and an extensive range of innovative new products. read more
Pick n Pay runs trial Black Friday deals

Pick n Pay runs trial Black Friday deals

26/09/2019 - 11:22
Ahead of Black Friday 2019, Pick n Pay will run its “Black Friday Trial Run” deals tomorrow. These will test the new systems Pick n Pay has put place to make sure customers can take full advantage of its big deals on Black Friday at the end of November.  read more
The Co-op takes convenience retailing digital

The Co-op takes convenience retailing digital

26/09/2019 - 10:15
The Co-op has launched a new smartphone app which it claims is the future of convenience retailing as it gives its members digital access to offers and services for the first time. read more
Shoprite tackles youth unemployment head-on

Shoprite tackles youth unemployment head-on

26/09/2019 - 09:58
More than two thirds (68%) of the Shoprite Group’s workforce is under the age of 34, and this together with the Group’s focus on skills development and training illustrates its commitment to addressing the scourge of youth unemployment in South Africa. read more
Pick n Pay debt jumps after accounting changes

Pick n Pay debt jumps after accounting changes

26/09/2019 - 09:44
Retailer Pick n Pay said its total debt had increased to R17bn from R1.6bn for the 53 weeks ended March 3, as a result of accounting changes. read more
Grocery growth in Ireland holds steady with Dunnes and discounters leading the way

Grocery growth in Ireland holds steady with Dunnes and discounters leading the way

24/09/2019 - 13:42
Latest figures from Kantar show that growth in the Irish grocery market remained at 2.7% during the 12 weeks to 8 September, aided by shoppers stocking up on back to school essentials and Christmas gifts. read more
Ackermans uplifts the community one leather sandal at a time

Ackermans uplifts the community one leather sandal at a time

24/09/2019 - 12:39
The retail sector, with its footprint in both urban and rural areas, has the potential to create more sustainable jobs in South Africa, given the unemployment rate. It is with this in mind that Ackermans, one of the country’s longest-standing retailers, has partnered with footwear importer and distributor, Universal Footwear, to locally design, source and produce its leather sandals. read more
Rooibos tea deal changes rural community's fortunes

Rooibos tea deal changes rural community's fortunes

24/09/2019 - 10:47
A small rural community is set to supply the Spar Group with South Africa's legendary rooibos tea. read more
Coca-Cola continues reaching new heights

Coca-Cola continues reaching new heights

24/09/2019 - 10:20
The Coca-Cola Company is the leading global manufacturer, retailer and marketer of non-alcoholic beverages.  read more
Brands leave R34 bn in lost sales on the e-commerce table - report

Brands leave R34 bn in lost sales on the e-commerce table - report

22/09/2019 - 13:19
By 2021, over 20-million South Africans will shop online. read more
Retail sales remain muted with consumers under pressure

Retail sales remain muted with consumers under pressure

20/09/2019 - 14:31
Retail sales for July marginally declined to 2 percent year on year as sales growth continued to reflect a muted demand in South Africa, with consumers’ discretionary income under strain.  read more
Pick n Pay rolls out R4 lifetime reusable bag made from recycled plastic bottles

Pick n Pay rolls out R4 lifetime reusable bag made from recycled plastic bottles

20/09/2019 - 14:14
Pick n Pay is rolling out its new budget green People n Planet reusable bag nationally after a successful trial with customers earlier this year. The bag is expected to be in all stores by mid-October.  read more
Zara launches online store in South Africa

Zara launches online store in South Africa

19/09/2019 - 11:58
Zara has launched its online sales in SA through its dedicated website zara.com/za. This marks an important milestone in the expansion of Zara’s integrated store and online platform into markets where it already has a store presence. read more
Pick n Pay launches collectable Rugby Super Cards

Pick n Pay launches collectable Rugby Super Cards

19/09/2019 - 11:28
Local sports fans can once again feel part of the upcoming rugby tournament thanks to the launch of Pick n Pay’s new Rugby Super Cards.  read more
The V&A Waterfront’s Victoria Wharf is SA’s greenest shopping centre

The V&A Waterfront’s Victoria Wharf is SA’s greenest shopping centre

19/09/2019 - 09:13
The V&A Waterfront’s far-reaching waste management and recycling practices has earned the property a prestigious Green Buildings Council of SA (GBCSA) 5 Star Green Star Existing Building Performance v1 certification (EBP v1) for the popular Victoria Wharf Shopping Centre – the highest rating for any existing shopping centre in South Africa. read more
Ackermans launches ‘Moms4Moms’ educational platform to give mothers a helping hand

Ackermans launches ‘Moms4Moms’ educational platform to give mothers a helping hand

16/09/2019 - 14:03
According to a 2017 Statistic South Africa report, 61% of South African children are raised by only their mothers. This reveals that the majority of South African women have to navigate single-parenthood, as well as being the sole provider for their families.  read more
Rhodes Food Group's turnover rises amid healthy international growth

Rhodes Food Group's turnover rises amid healthy international growth

16/09/2019 - 11:14
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, rose 13.4% in the 10 months to end-July, boosted by a weaker rand and exports of fruit snacks to the US. read more
The changing UX and CX landscape

The changing UX and CX landscape

13/09/2019 - 16:16
An exceptional customer experience (CX) builds a foundation of loyalty and trust. Similarly, a positive user experience (UX) encourages brand connections with people wanting to come back for more. And yet, local organisations must learn to embrace these more effectively to differentiate themselves from their competitors. read more
Footgear gets go-ahead to buy Edcon's footwear brands

Footgear gets go-ahead to buy Edcon's footwear brands

13/09/2019 - 09:24
Footgear, the South African retailer of branded and non-branded footwear, on Thursday received the green light to purchase the assets and business associated with Edcon Limited’s Edgars Active and High Key brands. read more
Ackermans launches A-list  Summer collection

Ackermans launches A-list Summer collection

12/09/2019 - 11:08
With winter’s icy grip on the country, it's hard to believe that summer is around the corner. The onset of warmer days means that it’s almost time to ditch the winter wardrobe and embrace a lighter, brighter one. However, selecting a summer wardrobe can be a daunting experience, as consumers are spoilt for choice and simply don’t have the time to sift through the top trends - particularly when on a budget. read more
Online shopping business to shake up retail sector

Online shopping business to shake up retail sector

12/09/2019 - 09:40
Allsale Club is a members-only online shopping business that aims to save consumers money on everything from everyday branded items to luxury items.  read more
UK retailers bristle at demand of no-deal Brexit

UK retailers bristle at demand of no-deal Brexit

10/09/2019 - 14:52
A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can't find everything they want on the shelves.  read more
Richemont’s head of fashion departs for role outside company

Richemont’s head of fashion departs for role outside company

10/09/2019 - 10:34
Swiss luxury-goods maker Richemont said the head of its fashion and accessories business resigned after one year on the job to join another company. read more
Shoprite continues march into Kenya with opening of third store

Shoprite continues march into Kenya with opening of third store

09/09/2019 - 14:29
Further strengthening its position in the East African market, the Shoprite Group launched its third supermarket in Kenya and the first outside Nairobi. read more
Multi-million rand Rustenburg Mall underway

Multi-million rand Rustenburg Mall underway

09/09/2019 - 11:07
Rustenburg shoppers can look forward to a brand new shopping centre – Rustenburg Mall – set to introduce its first phase in April 2021. read more
Foschini launches all-woman concept store

Foschini launches all-woman concept store

06/09/2019 - 08:26
Fashion group Foschini has opened an All Woman concept store in the newly renovated Fourways Mall. read more
SA’s favourite retailers announced in the 2019 Sunday Times/Sowetan Shopper Survey

SA’s favourite retailers announced in the 2019 Sunday Times/Sowetan Shopper Survey

05/09/2019 - 13:43
Shoprite has once again been named as South Africa’s favourite retailer according to the results of the 2019 Sunday Times/Sowetan Shopper Survey. read more
Libstar aims to up its exports

Libstar aims to up its exports

05/09/2019 - 08:47
Libstar wants to increase contribution from its exports to as much as 20% in a move that will mitigate the subdued consumer spending and weak retail environment.  read more
Levi's launches Made & Crafted premium collection in SA

Levi's launches Made & Crafted premium collection in SA

05/09/2019 - 08:31
Levi’s has released a Made & Crafted premium collection in South Africa.  read more
Zara denies its Hong Kong stores were closed due to protests

Zara denies its Hong Kong stores were closed due to protests

04/09/2019 - 09:37
Fast-fashion company Zara says store closures in Hong Kong were not related to anti-Beijing protests in the city, after speculation on Chinese social media that the retailer’s employees were supporting the demonstrators. read more
Lego's sales bounce back with the help of Marvel superheroes

Lego's sales bounce back with the help of Marvel superheroes

04/09/2019 - 09:11
Models of superheroes and villains from Marvel’s Avengers movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments in China, India, the internet and new stores. read more
Foschini's cash sales climb, but credit is under pressure

Foschini's cash sales climb, but credit is under pressure

03/09/2019 - 13:58
The JSE-listed clothing retailer the Foschini Group [JSE:TFG] announced a 14.1% increase in cash sales in its South African operations in the first 21 weeks of 2020, while sales on credit only rose 0.9%. read more
Study shows women prefer online shopping

Study shows women prefer online shopping

03/09/2019 - 13:16
Women prefer shopping online. If you're a woman then this is no surprise at all. According to a report by specialist digital agency Reprise, South Africa’s eCommerce industry, while still in its infancy, is showing strong growth thanks to high mobile penetration, secure payment options and changing spending habits. read more
Ackermans victorious for the third time running at 10th annual AskAfrica Icon Brands Survey Awards

Ackermans victorious for the third time running at 10th annual AskAfrica Icon Brands Survey Awards

03/09/2019 - 09:02
South Africa’s most loved brands were announced recently at the AskAfrika Icon Brands Survey awards in Johannesburg. Value retailer, Ackermans, was awarded the top honour in the Clothing Retail: Children’s category, for a third time in a row, and was further announced as a Platinum Brand Icon. read more
Woolworths trials innovative 'circular economy' inspired paper shopping bags

Woolworths trials innovative 'circular economy' inspired paper shopping bags

02/09/2019 - 14:30
In its ongoing commitment to phase out single-use plastic shopping bags by 2020, Woolworths has announced its first trial of specially-designed paper bags for fashion, beauty and homeware purchases. read more
HomeChoice launches state-of-the-art e-commerce platform

HomeChoice launches state-of-the-art e-commerce platform

02/09/2019 - 12:31
HomeChoice International PLC, a leading provider of innovative Retail and Financial Services products, and the largest home-shopping retailer in Southern Africa have partnered with Oracle, to launch a new eCommerce website hosted on Oracle Cloud Commerce (OCC). OCC is a new commerce platform from Oracle, built as a cloud-based software-as-a-service platform from its popular on-prem solutions, ATG and Endeca search.  read more
Customer loyalty – It’s a dog’s life

Customer loyalty – It’s a dog’s life

02/09/2019 - 11:05
Acquiring today’s customer is a lot like getting a dog. They provide an endless amount of value and the feel-good sense of confidence that you’re doing a good job. read more
Shoprite and Checkers introduce locally designed African doll range

Shoprite and Checkers introduce locally designed African doll range

30/08/2019 - 08:11
Born from the need to celebrate African children and their natural beauty, husband-and-wife team Thabo and Mpumi Motsabi have just launched a range of dolls available exclusively in Shoprite and Checkers supermarkets throughout South Africa. read more
Dis-Chem reports double-digit sales growth

Dis-Chem reports double-digit sales growth

28/08/2019 - 09:28
Dis-Chem Pharmacies says sales grew 13.5% to R9.9bn in the first five months of its 2020 financial year, thanks partly to better wholesale revenues. read more
Retail stocks: Look out for the potholes and opportunities

Retail stocks: Look out for the potholes and opportunities

26/08/2019 - 16:22
Retailers and wholesalers on the JSE have been clobbered since their respective 2018 financial results. read more
Eliminating packaging is a good start - but here's what supermarkets should do to stop harming the planet

Eliminating packaging is a good start - but here's what supermarkets should do to stop harming the planet

26/08/2019 - 15:02
The first key step towards this vision is widening the packaging-free philosophy to all stores of all the major supermarkets, and, crucially, not giving consumers who might resist change the option to stick with the polluting packaged goods that feel so familiar. read more
Shoprite plans smaller stores, closer to shoppers – and more shops in containers

Shoprite plans smaller stores, closer to shoppers – and more shops in containers

26/08/2019 - 13:48
In an effort to gear up growth, Shoprite wants to move to smaller stores, closer to where its customers are. read more
Italtile plans to open more store despite weak trading conditions

Italtile plans to open more store despite weak trading conditions

23/08/2019 - 14:56
JSE-listed supplier of ceramic tiles Italtile said it planned to open more stores in South Africa and abroad, despite the subdued economy, which has constrained consumer spending. read more
Trends helping fashion retail SMEs scale up

Trends helping fashion retail SMEs scale up

23/08/2019 - 10:54
Retail is going through change along with the rest of the digital world - but it’s one of those touchy-feely zones, where online does not always size-up to an actual shopping experience.  read more
Australian retailer Coles reports jump in online sales

Australian retailer Coles reports jump in online sales

23/08/2019 - 10:31
Australian retailer Coles Group reported a jump in online sales and a special dividend that cheered investors, sending its shares near their biggest one-day gain in two months.  read more
Africa’s biggest mall welcomes Ackermans’ 800th store

Africa’s biggest mall welcomes Ackermans’ 800th store

23/08/2019 - 09:52
One of South Africa’s longest-standing value retailers, Ackermans, opened its 800th store in Africa’s biggest shopping centre Fourways Mall, in the north of Johannesburg. read more
Tough economy put a chill on Mr Price retail sales

Tough economy put a chill on Mr Price retail sales

23/08/2019 - 09:24
A tough economic climate has put pressure on Mr Price's fashion retail sales, as customer spending remained constrained, the company said in a trading statement for the first four months of its financial year ended March 28. read more
LiquorShop extends its low price promise to customers with the opening of its 500th store

LiquorShop extends its low price promise to customers with the opening of its 500th store

23/08/2019 - 08:58
LiquorShop, the Shoprite Group’s chain of stand-alone liquor outlets, marked a major milestone with the opening of its 500th store at the Philippi Plaza Shopping Centre in Cape Town. read more
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'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
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
Walmart Q2 revenue grows 1.8% year on year

Walmart Q2 revenue grows 1.8% year on year

20/08/2019 - 14:13
Total revenue of Walmart for its second quarter (Q2) of Financial Year 2020 (FY20) ending July 31 hit $130.4 billion, up 1.8 percent year on year, while the net sales of Walmart International decreased 1.1 percent year on year to $29.1 billion, the company reported.  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
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
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
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
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
Retail boost could steer SA away from a recession

Retail boost could steer SA away from a recession

12/08/2019 - 12:37
A rebound in economic growth in the second quarter of the year will likely see SA avert its second recession in two years. 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
Tiffany & Co partners with Reliance Industries to bring jewellery to India

Tiffany & Co partners with Reliance Industries to bring jewellery to India

08/08/2019 - 11:21
Iconic American jeweller Tiffany & Co is partnering with Mukesh Ambani’s conglomerate to gain a foothold in the lucrative Indian market. read more
Nestlé and Starbucks tie-up heads to China

Nestlé and Starbucks tie-up heads to China

08/08/2019 - 09:31
Nestlé plans to introduce its first range of Starbucks-branded products in China, as part of a global tie-up that will help bolster the Swiss company’s proprietary Nespresso capsules in one of its fastest-growing markets. read more