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Pick n Pay unveils its revamped "On Nicol" flagship store

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.  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
Food garden provides sustenance and jobs in rural community

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.  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
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
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
Shoprite works to prevent childhood stunting

Shoprite works to prevent childhood stunting

08/10/2019 - 09:46
The Shoprite Group has announced investment in several specific interventions to prevent childhood stunting which leaves one in four South African children under the age of five with lifelong cognitive, educational and employment challenges.  read more
From a rubbish dump to a thriving community garden

From a rubbish dump to a thriving community garden

03/10/2019 - 15:55
Due to the care and dedication of a group of local women, what was once a rubbish dump behind Sediba-Thuto Primary School in Mapetla, Soweto has been transformed into a thriving vegetable garden the size of a soccer field. 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
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
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
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
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
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
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
Shoprite targets rivers on World Cleanup Day

Shoprite targets rivers on World Cleanup Day

19/09/2019 - 14:59
The Shoprite Group has partnered with the South African Department of Water and Sanitation to host river cleanups on World Cleanup Day (21 September 2019) and everyone’s invited to join in. 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
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
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
Shoprite boosts support for small-scale farming in local communities

Shoprite boosts support for small-scale farming in local communities

12/09/2019 - 10:48
“Siya Kolisi” enthralls spectators in the streets of Langa, Cape Town, with his tackles and accurate passes, but this is not the 28-year-old Springbok captain. It is in fact 13-year-old Luxolo Ntsholo who has adopted the moniker. read more
Canada's Hudson's Bay is fishing for young fashionistas

Canada's Hudson's Bay is fishing for young fashionistas

11/09/2019 - 10:39
When Sears Canada announced it was closing all of its stores in 2017, Hudson’s Bay Co (HBC) saw an opportunity: HBC’s Canadian department store chain would swoop in and snatch Sears’s customers. Managers gradually added mid-price apparel to stores from Nova Scotia to British Columbia and waited for sales to take off.  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
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
Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations

Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations

05/09/2019 - 12:53
Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations across the country. 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
The owner of Foschini grabs market share

The owner of Foschini grabs market share

04/09/2019 - 11:41
Clothing group TFG says cash turnover has grown solidly in the first 21 weeks of its 2020 financial year, but credit extension remained almost flat in Africa due to reduced consumer spending. 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
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
Cashbuild flags tough environment amid rationalisation strategy

Cashbuild flags tough environment amid rationalisation strategy

03/09/2019 - 12:51
Building materials retailer Cashbuild weathered a tough trading environment to deliver 3% growth in operating profit for the year to end-June, boosted by an extra trading week and the addition of 11 new stores.  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
Steinhoff seeks fresh start, nominates new auditor

Steinhoff seeks fresh start, nominates new auditor

02/09/2019 - 15:58
Steinhoff International Holdings NV nominated Mazars as its new auditor as the South African retailer looks for a fresh start after an accounting scandal almost destroyed the company. 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
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
Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

29/08/2019 - 09:20
Walmart-controlled Massmart, owner of Makro, Game, Builders Warehouse and Dion Wired, has suffered a headline loss of R550 million for the six months to end-June – after earning a profit of more than R200 million in the same period last year. read more
Woolworths cuts final dividend by a quarter as CEO moves to Australia

Woolworths cuts final dividend by a quarter as CEO moves to Australia

29/08/2019 - 09:13
Woolworths has cut its final dividend to shareholders by a quarter after a write-down against troubled Australian chain David Jones dragged the high-end retailer to another annual loss.  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
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
Hasbro to buy Entertainment One and Peppa Pig

Hasbro to buy Entertainment One and Peppa Pig

23/08/2019 - 14:30
After years of longing, Hasbro can finally call itself a full-fledged entertainment company. 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
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-supported school garden feeds young minds and stomachs

Shoprite-supported school garden feeds young minds and stomachs

22/08/2019 - 10:04
The Johan Hus Primary School is a small school situated at the foot of the picturesque Tsitsikamma Mountains in Humansdorp in the Eastern Cape. Here learners not only learn about the environment in a hands-on manner, but the crops they grow are also used in the school kitchen to feed all the pupils. 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’s legal woes leave little for those holding stock

Steinhoff’s legal woes leave little for those holding stock

21/08/2019 - 09:24
Steinhoff International Holdings may have about €15bn (R255.1bn) of assets and stakes in profitable companies such as Pepkor Holdings, but you will not see that reflected in the share price. 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
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
Steinhoff says restructuring exercise complete

Steinhoff says restructuring exercise complete

14/08/2019 - 12:15
International retailer Steinhoff said its subsidiaries Steinhoff Europe AG (SEAG) and Steinhoff Finance Holding GmbH (SFHG) had successfully completed the implementation of an exercise which restructured their financial indebtedness and changed the group's European corporate holding structure. 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
Iconic store Barney's files for bankruptcy on rising rents

Iconic store Barney's files for bankruptcy on rising rents

07/08/2019 - 15:45
Barneys New York filed for bankruptcy protection from creditors and laid out plans to shutter most of its stores after getting squeezed by rising rents and fewer visitors to its luxury fashion boutiques. read more
Tesco to cut 4,500 jobs in Metro restructuring

Tesco to cut 4,500 jobs in Metro restructuring

06/08/2019 - 13:55
British supermarket chain Tesco is cutting about 4,500 jobs from its Metro stores to improve the efficiency of a format that is increasingly used by customers daily rather than for a traditional weekly shop. read more
Shoprite basks in sales glory

Shoprite basks in sales glory

02/08/2019 - 10:19
The Shoprite Holdings share price surged more than 10 percent after Africa's biggest retailer reported a strong half performance in sales for the 52 weeks to end June, mainly driven by its core market, the Supermarkets RSA.  read more
Checkers' refurbished computers find a new home at local school

Checkers' refurbished computers find a new home at local school

02/08/2019 - 09:35
A new school in Brackenfell is benefiting from a donation of refurbished computers from Checkers and Just PCs.  read more
Shoprite is k’necting its tech-savvy customers

Shoprite is k’necting its tech-savvy customers

01/08/2019 - 11:19
The Shoprite Group is making it easier for its customers to access services such as global money transfers, cellphone purchases, bill payments, tickets and insurance with the launch of its new k’nect stores across the country.  read more
Woolworths writes down value of David Jones - again

Woolworths writes down value of David Jones - again

01/08/2019 - 09:25
Woolworths has once again reduced the valuation of struggling Australian department store chain David Jones, which has now more than halved in value in the five years since it was acquired. read more
Massmart profit severely hit by weak sales, losses

Massmart profit severely hit by weak sales, losses

01/08/2019 - 09:16
Massmart Holdings' share price declined by more than 17percent on the JSE after the group said it expected to report a decline in earnings across all of its four divisions for the six months to end June, mainly impacted by losses in Massdiscounters. read more
Pick n Pay appoints Lerena Olivier as new finance chief

Pick n Pay appoints Lerena Olivier as new finance chief

31/07/2019 - 14:40
Pick n Pay says finance executive Lerena Olivier will take over as CFO when Bakar Jakoet retires on September 6.  read more
Shoprite rallies, jumps most since 1997

Shoprite rallies, jumps most since 1997

31/07/2019 - 10:25
Shoprite rallied the most in 22 years after Africa's largest food retailer said second-half sales climbed as it took market share. read more
Ralph Lauren earnings beat estimates

Ralph Lauren earnings beat estimates

31/07/2019 - 10:17
Ralph Lauren reported better-than-expected quarterly revenue and profit on Tuesday, as its North America business benefited from a social media marketing blitz and the launch of new editions of its trademark Polo shirts. read more
Pick n Pay uses tech to add value for consumers

Pick n Pay uses tech to add value for consumers

30/07/2019 - 14:55
Technologies such as augmented reality, virtual reality, animation, and gaming can provide immersive experiences, giving brands an advantage in winning consumers' hearts and minds. read more
Pick n Pay to engage competition regulator over report on market dominance

Pick n Pay to engage competition regulator over report on market dominance

30/07/2019 - 14:22
Supermarket chain store Pick n Pay said on Tuesday that it would continue to engage South African competition regulators to address its concerns about the retailer's market dominance in shopping malls. read more
Shoprite’s shares leap 15% on Tuesday despite lower earnings

Shoprite’s shares leap 15% on Tuesday despite lower earnings

30/07/2019 - 09:56
Grocery retailer Shoprite, whose chains include Checkers and OK Furniture, says earnings declined by up to a fifth in the year to June because of trading losses in the rest of Africa and higher costs in SA.  read more
New Checkers concept stores target wealthier South Africans

New Checkers concept stores target wealthier South Africans

30/07/2019 - 09:31
Shoprite has published its operational update for the year ending 30 June 2019, detailing its financials and the new updates they are bringing to their stores. read more
KZN mall undergoes R200m refurbishment

KZN mall undergoes R200m refurbishment

29/07/2019 - 10:42
The renovated new Pine Crest was launched after an innovative R200m, 14-month multifaceted refurbishment by owners Vukile Property Fund.  read more
Top shops join Ballito mall

Top shops join Ballito mall

26/07/2019 - 14:30
Ballito Junction Regional Mall has announced that it will be adding new retail brands to its offerings. read more
Philip Morris expands its retail footprint with first SA store

Philip Morris expands its retail footprint with first SA store

26/07/2019 - 11:06
Philip Morris South Africa (PMSA), an affiliate of the leading international tobacco company Philip Morris International (PMI), opens its first IQOS flagship store in Sandton City, adding to its current retail footprint of 11 kiosks in leading malls across Gauteng, Western Cape, and Kwazulu-Natal.  read more
Amazon's push for one-day delivery dents profit as costs soar

Amazon's push for one-day delivery dents profit as costs soar

26/07/2019 - 10:16
Amazon.com reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending to deliver goods faster and spark sales growth. 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
Sainsbury's removes plastic bags for fruit and veg

Sainsbury's removes plastic bags for fruit and veg

24/07/2019 - 11:05
Sainsbury’s is continuing its drive to reduce plastic waste by trialling the removal of plastic bags for loose fruit and veg and encouraging customers to bring their own containers or purchase a reusable bag. read more
JIT is key to optimising the FMCG supply chain

JIT is key to optimising the FMCG supply chain

23/07/2019 - 19:12
The ability to manufacture ‘just enough’ stock to cover orders and deliver ‘just enough’ product to every retailer is the optimal supply chain scenario in the Fast-Moving Consumer Goods (FMCG) industry. This is known as Just in Time (JIT) manufacturing and delivery. read more