| ||13/06/2019 - 09:40|
Shoprite Botswana recently opened its own world-class distribution centre (DC) in Taung, Gaborone. read more
| ||13/06/2019 - 09:12|
British online fashion group Boohoo bucked a tough retail market with robust sales growth in its latest quarter as its offer of cheap clothing, delivered quickly, chimed with shoppers. read more
| ||13/06/2019 - 09:04|
Shares in Woolworths have rebounded in recent weeks, thanks to a recovery in the sector and optimism that the worst may be over for the high-end retailer, whose foray into Australia has proven costly for investors. read more
| ||11/06/2019 - 10:22|
Recognising the sacrifices South Africa’s youth continue to make to improve their education, even as youth unemployment reaches 55.2%, the Shoprite Group continues to upskill thousands of people every year. read more
| ||10/06/2019 - 14:55|
Prospects for retail sector companies on the JSE had withered this year in line with the slumping economy, but there were outliers, such as Foschini and Clicks, providing good returns for shareholders in the sector, analysts said. read more
| ||10/06/2019 - 14:40|
Walmart CEO Doug McMillon says the retailer is concerned that fresh produce prices would rise if tariffs are placed on imports from Mexico.
| ||10/06/2019 - 14:10|
High-end retailer Woolworths has appointed Christopher Colfer, a former CEO of Richemont’s Alfred Dunhill business, as an independent non-executive director, with effect from July 1. read more
| ||10/06/2019 - 13:09|
Pick n Pay CEO Richard Brasher, the former head of Tesco in the UK who is credited with turning around the SA grocery retailer since joining in 2013, was paid R32m for the group’s 2019 financial year. read more
| ||07/06/2019 - 14:21|
Sainsbury’s has announced its latest moves to reduce the amount of plastic it uses. This includes the retailer removing the plastic bags in its stores used for loose fruit, vegetables, and bakery items. read more
| ||07/06/2019 - 10:23|
South Africa’s leading value retailer Ackermans has been announced as the Platinum winner in the Children’s Clothing Store category at the 2019 Beeld Reader’s Choice Awards. read more
| ||06/06/2019 - 11:50|
Pick n Pay has launched monthly People n Planet Beach Clean-Ups which will see the retailer partner with local organisations across the country to drive public awareness for plastic waste and action for responsible disposal. read more
| ||05/06/2019 - 15:47|
Since 2008 Pick n Pay has reduced its energy intensity per square metre by 36.9% through both improvements in technology and behavioural change. The group has also expanded its solar installations. read more
| ||05/06/2019 - 10:02|
Alibaba is considering raising as much as $20bn through a listing in Hong Kong, people familiar with the matter say, lining up a second blockbuster deal following its 2014 record $25bn float in New York. read more
| ||05/06/2019 - 09:17|
Waitrose has launched a new scheme where customers will be able to fill up or refill their own containers with a range of products as part of its ambitions to reduce waste. read more
| ||03/06/2019 - 13:52|
Mr Price Group’s new CEO wants the retailer to take a new approach to offshore growth after the group pulled the plug on its fledgling Australian business and as it considers doing the same in Poland. read more
| ||03/06/2019 - 09:57|
La Lucia Mall is undertaking a major upgrade that aims to modernise and re-imagine its retail space.
The centre said it had undergone eight extensions and five major mall upgrades since it first opened its doors in 1974 in order to be at the forefront of retail trends. read more
| ||03/06/2019 - 09:00|
For apparel retailers, the plot has to unfold just right for investors to buy into the narrative. And by the market’s reaction, they clearly did not stick to the script. read more
| ||31/05/2019 - 11:28|
As the world commemorates International Children’s Day (1 June) with its focus on the protection of children, a Brakpan preschool has undergone a dramatic transformation following support from the Shoprite Group. read more
| ||31/05/2019 - 11:20|
Food Lover’s Market has expanded its hugely popular eatery stores in Gauteng with the launch of Food Lover’s Eatery in Braamfontein’s Business Improvement District. The store opened on May 16 to a positive response from the local business community and the University of the Witswatersrand students. The newest addition to the Eatery division saw 4,000 customers on opening day, with a queue leading out of the store for most of the day.
| ||31/05/2019 - 10:16|
Mr Price Group’s shares opened sharply higher after the company raised its annual dividend thanks to better earnings. read more
| ||31/05/2019 - 09:22|
Massmart, which owns the Game and Makro chains and other smaller retailers, received a major boost after the Competition Commission said Spar, Pick n Pay, Shoprite and Woolworths should be barred from entering into long-term exclusive lease agreements. read more
| ||29/05/2019 - 15:01|
Long-term exclusive lease agreements by SA's major supermarket chains at shopping centres are stopping new competitors from getting a foothold, the Competition Commission has found.
| ||29/05/2019 - 14:36|
The acquisition of cash retailer United Furniture Outlets (UFO), along with changes to credit granting regulations, boosted the results for the furniture and appliance retailer Lewis Group, despite a sluggish economy. read more
| ||29/05/2019 - 11:33|
Ram Harisunker this month celebrates 50 years with the Shoprite Group in a distinguished career which took him from receiving clerk to main board director. read more
| ||29/05/2019 - 09:34|
Pepkor, which owns the Pep and Ackermans brands, says sales and earnings rose in the six months to end-March thanks partly to market-share gains in clothing and merchandise. read more
| ||27/05/2019 - 15:22|
Building contractors are on site at Paledi Mall in the rural Limpopo town of Mankweng, with construction underway on the 7000m² third phase expansion of the centre that will take it to 32,000m² in size. The project will entrench the mall’s position as a regional shopping centre for the community with several new stores, service offerings, and leisure spaces. read more
| ||27/05/2019 - 11:12|
Massmart Holdings fell the most in three months as the troubled SA retail chain warned on profit and majority shareholder Walmart sent one its own to help stem declines.
| ||27/05/2019 - 11:05|
As World Hunger Day (28 May 2019) reminds consumers that more than 821 million people do not have enough food and that 60% of the world’s hungry are women, the Shoprite Group remains fully committed to the fight against hunger in all the countries where it operates. read more
| ||27/05/2019 - 10:24|
The parent company of French grocery chain Casino insisted on Friday that there would be no consequences for some of the country’s best-known supermarket brands after it filed for bankruptcy protection following a long battle with hedge funds.
| ||27/05/2019 - 09:14|
Online turnover grew 57.2% in the year and now accounts for 8.8% of group sales, with 23 brands of its 29 now available online. read more
| ||24/05/2019 - 08:39|
Shares in Massmart, which owns the Game and Makro chains, fell 12.5% to R68.24 in early trade on Thursday after the retailer said earnings in the six months to June could more than halve.
| ||21/05/2019 - 15:50|
Almost 500 Pick n Pay Head Office employees – in partnership with Mellon Educate – volunteered their time and skills to build a kitchen and dining area at Velokhaya Life Cycling Academy in Khayelitsha last week. With this new facility, Velokhaya will launch a daily feeding scheme for around 200 children. read more
| ||20/05/2019 - 17:04|
Corporate America has been under political pressure to ramp up investments at home. read more
| ||20/05/2019 - 09:02|
As the country’s excitement builds to back the Proteas, Pick n Pay has launched Cricket Super Cards for all South Africans to get to know their favourite cricket players.
| ||16/05/2019 - 08:31|
Dis-Chem Pharmacies says a strike by employees that lasted nearly five months shaved up to R76.4m off its profits in the year to end-February. read more
| ||15/05/2019 - 15:08|
Brian Joffe’s Long4Life says its Sorbet beauty and grooming business boosted profits in the year to end-February as the chain’s salons for male customers gained traction. read more
| ||15/05/2019 - 08:53|
Spar Group has hiked its half-year payout to shareholders by 5.2% on the back of “a strong performance” in the six months to end-March. read more
| ||14/05/2019 - 14:32|
Started by five local women from the Tumahole township on the outskirts of Parys in the Free State, Phahamang Basadi food garden has been providing fresh and affordable vegetables to the community since 2017. read more
| ||14/05/2019 - 08:48|
Pepkor, previously Steinhoff Africa Retail, said that its half-year earnings rose by up to 54.1%. read more
| ||10/05/2019 - 13:59|
Africa’s largest grocer Shoprite said that its lead independent director Edward Kieswetter had resigned as a result of his appointment as the commissioner of the SA Revenue Services (Sars).
| ||10/05/2019 - 09:59|
With the share price almost 50% below its 12-month peak, there was little surprise from the market at the departure of Massmart CEO Guy Hayward. It comes a week after the news that CFO Johannes van Lierop was stepping down. read more
| ||09/05/2019 - 09:39|
By purchasing your Slipper Day 2019 wristband for R10 at any Pick n Pay, Wimpy or Dis-Chem, you will contribute to providing strength, hope and courage to children with life-threating illnesses that Reach For A Dream empowers. read more
| ||06/05/2019 - 14:58|
Hugo Boss says the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganisation costs, higher marketing spending and a strong US dollar.
| ||06/05/2019 - 09:17|
Checkers customers who loved its highly popular Little Shop and Little Garden promotions are in for a treat with the launch of Little Checkers.
| ||03/05/2019 - 15:37|
Without the deal with its creditors, there would have been a real danger that the retailer, which employs about 40,000 people, 14,000 of whom are full-time, would have gone under. The closure of Edcon would have had far-reaching implications, as its chains account for about 10% retail space in SA, and source much of their clothing from local manufacturers. Given the implications of Edcon shutting its doors, the government has been very supportive of the deal. read more
| ||02/05/2019 - 16:08|
South Africa’s largest private sector employer, the Shoprite Group, created 409 new jobs with the opening of 16 new stores across five provinces in South Africa during the second half of April 2019.
| ||02/05/2019 - 15:25|
WG Compass is used by suppliers to prompt in-store merchandisers to check stock levels, allowing them to quickly fix potential out-of-stocks or merchandising issues.
| ||02/05/2019 - 14:39|
In a constant drive to excite and inspire customers, Builders has developed a new store prototype which was debuted at Builders Warehouse Boksburg last week. The store not only features a new layout and look & feel, it has been relocated from its previous site, adjacent to the new location, giving it a total overhaul. read more
| ||02/05/2019 - 14:17|
Investors seem to think it’s the retail turnaround story of the decade. But while it’s indisputable that CEO Richard Brasher has finally steered Pick n Payout of the financial wilderness, the holy grail of fatter profit margins still remains elusive. read more
| ||30/04/2019 - 12:54|
Walmart-owned Massmart, the retailer whose brands include Makro and Game, says Mohammed Abdool-Samad will take over as its chief financial officer from August 1.
| ||25/04/2019 - 10:26|
Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.
| ||24/04/2019 - 11:40|
After a six-month trial in four of its Western Cape stores, including the launch of their first plastic bag free store, Woolworths confirms that it will be rolling out its new low-cost, reusable bag to more stores across the country as well as announcing three more ‘plastic shopping bag free’ stores. read more
| ||24/04/2019 - 10:47|
The 10th annual AskAfrika Kasi Star Brands Survey, which measures brand relevance across all segments of the demographic, has awarded leading value retailer Ackermans the top award in the Clothing Retail: Children’s category. read more
| ||19/04/2019 - 11:57|
Two schools were recently surprised with chocolate eggs and hot cross buns ahead of the Easter Weekend.
| ||17/04/2019 - 13:42|
Checkers hot cross buns are trending on social media and South Africans are in stitches following the release of a viral video in which a false-positive breathalyser reading was recorded for a police officer. read more
| ||17/04/2019 - 09:59|
Clicks Group says it grew headline earnings by 12.9% to R763.3m in the six months to February thanks in part to better sales of its private-label products and higher profits from its distribution business. read more
| ||16/04/2019 - 15:31|
Mulberry has launched a partnership with online luxury fashion retailer Farfetch to strengthen its international omnichannel strategy. read more
| ||12/04/2019 - 09:33|
Debenhams’ lenders took control of the ailing retailer after it went into administration, wiping out shareholders including billionaire Mike Ashley in the latest corporate failure on Britain’s high street. read more
| ||12/04/2019 - 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. read more
| ||12/04/2019 - 08:58|
Pick n Pay, under its joint venture deal in Zimbabwe, has approved an expansion programme in the troubled country despite waning consumer spending power and disturbances to operations in the past few months.
| ||10/04/2019 - 12:54|
Ted Baker has agreed to a new joint venture with Shanghai LongShang Trading Company to expand its brand in the East Asia region.
| ||09/04/2019 - 14:47|
Debenhams’ lenders took control of the ailing British retailer after it went into administration, wiping out shareholders including billionaire Mike Ashley in the latest corporate failure on the high street. read more
| ||09/04/2019 - 14:35|
Over the next two weeks, Pick n Pay will give 20 000 customers a free reusable bag every day in stores across the country. read more
| ||09/04/2019 - 09:39|
Pick n Pay, one of South Africa’s largest supermarket chains rose after the group reported turnover growth of almost 10 percent in the financial year to the end of March, underscoring the resilience of its South African division, which clawed back market share from competitors. read more
| ||08/04/2019 - 09:37|
This week Shoprite served its 100 millionth R5 deli meal since launching the affordable meal options almost two years ago. read more
| ||04/04/2019 - 13:34|
Shares in Superdry fell more than 11% after founder Julian Dunkerton narrowly forced his way back into the company, which sparked the exit of most of its board members, including top executives. read more
| ||03/04/2019 - 10:00|
Shoprite created 90 new jobs with the opening of its new store in Botleng, just outside Delmas, this week. The store’s total staff complement is 111, which includes 81 youth (between the ages of 18 and 35) and 76 women. read more
| ||02/04/2019 - 15:29|
Sainsbury has lost its status as Britain’s number two supermarket group by market share to takeover target Asda for the first time in four years, industry data showed. read more
| ||01/04/2019 - 11:28|
The Shoprite Group is set to change the face of retail in Zambia with the opening of the new world-class store in the Woodlands/Kabulonga area. read more
| ||27/03/2019 - 14:47|
Despite a subdued outlook for the South African retail sector in 2019, global fashion retailer H&M has firmly underlined its ongoing commitment to the local retail market with the announcement of two store openings scheduled in upcoming weeks, this along with several local partnerships placing strong emphasis on the brand’s ongoing sustainability work. read more
| ||25/03/2019 - 15:51|
For the most part, it has been a dismal year for South African retailers; elevated household debt, higher fuel prices and an increase in value-added tax squeezed consumer spending. However, Ackermans, South Africa’s longest standing value retailer, performed well over 2018 reporting growth of just over 10% which is three times more than the industry benchmark. read more
| ||22/03/2019 - 10:19|
Fruit lovers no longer have to travel to Europe to taste the goodness of blood oranges. Pick n Pay has added rare blood oranges to its fresh produce offering making it the first retailer to offer this unique fruit to customers.
| ||20/03/2019 - 09:25|
Asos has reported a rise in its quarterly sales, as growth at home in the UK continues to outperform its foreign markets. read more
| ||18/03/2019 - 11:49|
Pick n Pay’s Smart Shopper will give customers double personalised discounts to help them save even more in the next few weeks.
| ||15/03/2019 - 14:26|
Sweden’s H&M, the world’s second-biggest fashion retailer, posted local-currency sales growth for its fiscal first quarter that matched analysts’ forecasts, on Friday, while net sales were slightly higher than expected. read more
| ||14/03/2019 - 09:53|
Plastic manufacturing and recycling company, Verigreen, has been awarded a multi-million rand contract to supply 25 different products under the Shoprite Group’s Ritebrand and Housebrand labels. read more
| ||13/03/2019 - 13:36|
Morrisons has recorded another year of growth in sales and profit as chief executive David Potts boasted that the Big 4 grocer’s turnaround scheme was “well on track”.
| ||12/03/2019 - 10:27|
AVI, whose brands include Bakers biscuits and seafood business I&J, said on its footwear businesses struggled the most in the six months ended December. read more
| ||11/03/2019 - 13:51|
Pick n Pay has introduced dedicated shop space to promote local South African products, produced by small businesses, to customers. The ‘Meet the Maker’ showcase will be trialled in eight stores across the country over a three-month period. read more
| ||11/03/2019 - 13:37|
French retail giant Carrefour is using blockchain technology to let consumers trace information about the source of its milk products. read more
| ||11/03/2019 - 11:02|
Sammy Mhaule got his first taste of entrepreneurship as a 14-year-old when he sold ice cream on the streets of Tembisa. Today he supplies sparkling juice to Checkers Hyper in Gauteng and Checkers in the Free State, but the journey from ice cream peddler to business owner hasn't always been smooth sailing. read more
| ||11/03/2019 - 10:06|
Former Clicks CEO David Kneale, who helped the retail group break into the JSE’s top 40 index in 2018, has joined the Woolworths board.
| ||08/03/2019 - 15:36|
2018 was a transformational year for the Group, whose interim results were affected by a number of factors. While the first half performance is below expectations it is not a reflection of the fundamental strength of the business. read more
| ||06/03/2019 - 11:36|
Amid all the other pressures in the economy, food inflation has been the one relatively happy place the past year. read more
| ||05/03/2019 - 14:04|
Ray Kelvin, the founder of British fashion brand Ted Baker, resigned as its CEO following allegations of harassment. read more
| ||05/03/2019 - 13:14|
If you want to engage customers and drive foot traffic in your store, then an ecommerce presence is essential. It might sound counter-intuitive, but in this modern shopping environment, online and in-store work together, not against each other, to attract and retain customers. These days people are shopping online more than ever, so not having a digital storefront means you’re missing out on a lot of potential customers. read more
| ||04/03/2019 - 14:12|
Sanjeev Raghubir has been appointed as Group Sustainability Manager at the Shoprite Group. read more
| ||04/03/2019 - 10:02|
The R2.7bn deal that clothing retailer Edcon reached with its banks, landlords and the Public Investment Corporation (PIC) will free it up to push through with its survival plan, says CEO Grant Pattison. read more
| ||27/02/2019 - 09:13|
Harrods has announced a partnership with Farfetch Black & White Solutions to offer a new and improved global ecommerce platform. read more
| ||26/02/2019 - 15:33|
Shoppers can now earn bonus Pick n Pay Smart Shopper loyalty points everywhere they shop when paying with their TymeBank debit card. That means that not only will the first fully licensed digital bank in South Africa save shoppers time and money, but it will also reward them through Pick n Pay’s Smart Shopper loyalty programme.
| ||26/02/2019 - 15:11|
Shoprite shareholders have had their interim dividend cut 24% as the grocery chain battles with losses from outside SA, and shrinking profit in its home market. read more
| ||26/02/2019 - 09:34|
UK and Europe shopping centre owner Hammerson’s dividend will not grow over the next two years while the company, the fourth-largest property group on the JSE, sells more than R9bn worth of its weaker UK and Irish assets.
| ||26/02/2019 - 08:33|
Oh my goodness! There is no protein in celebrity chef Gordon Ramsay's "Oh My Goodness!" water, as claimed by retailer Checkers. read more
| ||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.
| ||21/02/2019 - 13:44|
Woolworths Holdings announced results for the 26 weeks ended 23 December 2018. read more
| ||21/02/2019 - 09:46|
Local mushroom farmer, Peter Nyathi, founder of Tropical Mushrooms, has been awarded Pick n Pay’s 2019 Small Supplier of the Year. The annual award recognises the company’s top performing supplier from its Enterprise and Supplier Development programme. The winner is selected based on their business’ exceptional growth performance and job creation. read more
| ||20/02/2019 - 14:06|
Christmas is a distant memory already, but thanks to Woolies and their customers, meals will be given to those who need it most throughout 2019. read more
| ||19/02/2019 - 15:43|
TFG (The Foschini Group), a South African retail group operating in thirty-two countries across five continents, has chosen Oracle to support its digital transformation strategy with the consolidation of twenty-two brands into one online marketplace. With close to 3000 stores, TFG migrated its brick-and-mortar offering to a hassle-free digital platform and now offers the myTFGworld.com online marketplace to its customers. read more
| ||18/02/2019 - 19:28|
Shoprite demonstrated its heart for the Khayelitsha community when it replaced the computers and equipment a local school lost in a recent burglary. read more
| ||18/02/2019 - 14:22|
TymeBank, South Africa’s first fully licensed digital bank, will go live in 500 Pick n Pay and Boxer stores next week in preparation for the formal launch later this month.