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RETAIL INDUSTRY NEWS ON FASTMOVING

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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
Shoprite fights crime to keep customers and staff safe

Shoprite fights crime to keep customers and staff safe

24/07/2019 - 16:14
The Shoprite Group is fighting crime by investing heavily in sophisticated security and other measures to make its shopping space secure, reduce the number of criminal incidents and increase the number of arrests.  read more
Retail fallout linked to need for innovation

Retail fallout linked to need for innovation

25/02/2019 - 12:13
Retailers across the world continue to face strong headwinds. They have suffered a sharp drop in business in recent years, with bankruptcy filings and store closings almost becoming commonplace.  read more
Retail technology - changing buying and delivery methods

Retail technology - changing buying and delivery methods

12/11/2018 - 11:31
The retail industry has undergone a massive transformation with the advent of technology. Beyond the rapid rise of online shopping, retailers are spying innovative ways to hang on to traditional shoppers while diversifying both their channels and their wares.  read more
Black Friday to be 'bigger than ever' in SA, retailers promise

Black Friday to be 'bigger than ever' in SA, retailers promise

29/10/2018 - 09:17
South African retailers are planning to pull out all the stops to make this year's Black Friday the biggest one-day discount sale the country has seen. read more
Benefits to property funds of diversified retail portfolios reinforced - Clur Report

Benefits to property funds of diversified retail portfolios reinforced - Clur Report

02/08/2018 - 09:26
The benefits to property funds of diversified retail portfolios in the current market, in terms of shopping centre format, profile and geography, have again been reinforced by latest trading results, according to the Clur Report of SA Retail Property for May. read more
SA malls targeted by bomb threats

SA malls targeted by bomb threats

26/07/2018 - 12:06
In recent weeks, there have many a number of accounts of explosive and incendiary (fire-starting) devices being reported at various shopping centres and retail stores across the country. Hoaxes or terrorist plots? The truth is unknown but it is no secret, malls and shopping centres across the country are being targeted by the criminal underworld.  read more
Robots will replace humans in retail, says China's JD.com

Robots will replace humans in retail, says China's JD.com

18/07/2018 - 09:45
Chinese e-commerce company JD.com predicts robots will eventually replace human workers in the retail industry. read more
The SACSC announces new president

The SACSC announces new president

29/06/2018 - 13:11
Property sector stalwart Stephan Le Roux has been appointed as the new South African Council of Shopping Centres (SACSC) president. read more
SA retail industry generates R1 trillion in sales

SA retail industry generates R1 trillion in sales

15/05/2018 - 10:43
Following the recent release of its latest retail trade sales publication, Statistics South Africa has compiled a new fact sheet focusing on the biggest aspects of the retail industry. read more
Toys R Us bankruptcy results in 26 UK outlets being shut

Toys R Us bankruptcy results in 26 UK outlets being shut

04/12/2017 - 17:30
Toys R Us plans to shut at least 26 UK stores, as the retailer goes through bankruptcy proceedings in the US.  read more
Toys ‘R’ Us falls into bankruptcy

Toys ‘R’ Us falls into bankruptcy

19/09/2017 - 09:28
Toys ‘R’ Us, the largest US toy store chain, filed for bankruptcy protection late on Monday. read more
Retail industry ‘has growth potential’

Retail industry ‘has growth potential’

05/10/2016 - 09:00
STRETCHED consumers with reduced disposable income are not unique to SA’s retail sector, says Raam Ratnam, S&P Global Rating’s senior director for corporate ratings for retail companies. But pressure on credit spend is a significant local risk. read more
SA’s malls and retailers take the lead in a new age of shopping

SA’s malls and retailers take the lead in a new age of shopping

04/07/2016 - 16:15
The landmark 20th South African Congress of Shopping Centres is set to take place at the Sandton Convention Centre from 7 to 9 September 2016.  read more
Immersing the shopping centre industry in valuable retail skills

Immersing the shopping centre industry in valuable retail skills

24/06/2016 - 08:11
The South African Council of Shopping Centres (SACSC) has introduced a ground-breaking new education programme designed to provide centre management teams with a better overall understanding of the retail environment.  read more
Barloworld expands specialised logistics solutions to Arab states

Barloworld expands specialised logistics solutions to Arab states

15/03/2013 - 10:36
VENTURES AFRICA – Barloworld Logistics, a unit of the JSE-listed diversified industrials giant, Barloworld Goup, is expanding its specialised logistics solutions to the Arab states of the Gulf, it said on Monday. read more
India approves FDI in supermarkets

India approves FDI in supermarkets

28/11/2011 - 07:58
New Delhi - India will open the country’s retail industry to foreign supermarkets, a cabinet minister told reporters on Thursday, a much-delayed reform expected to help unclog supply bottlenecks and ease inflation over time. read more