Covid-19

Subscribe to industry newsletters

Podcasts

  • Listen to podcasts
  • Download BizTakeouts Mobi App
Company news
Edcon can only pay salaries right now, tearful CEO tells suppliers

In an emotional conference call to suppliers on Thursday, Edcon's CEO Grant Pattison delivered the news that the company is unable to pay its suppliers, as it only has sufficient liquidity to pay salaries...

3 days ago

Consumer behaviour intensifies as Covid-19 outbreak forces new shopping patterns

Nielsen has found that global consumers are adapting their purchase behaviour to cope with the rapidly evolving situation we find ourselves in during the Covid-19 pandemic...

26 Mar 2020

Battling the damaging effects of 'fast fashion'

The numbers are astronomical: to make one pair of jeans, it takes close to 8,000 litres of water - the amount a person drinks over seven years. Even a simple cotton shirt requires close to 3,000 litres of water...

By Pavithra Rao 5 Mar 2020

Loot, AYO and Volt.Africa announce new SMME-focused online marketplace

A new online marketplace to help SMMEs access the growing digital retail sector in Africa will launch by the end of March...

4 Mar 2020

Shoprite hosts first Market Day in Botswana

In a first for Shoprite Botswana, local producers sold their produce directly to the public at selected Shoprite and Checkers supermarkets...

3 Mar 2020

Africa wired: E-commerce offers fresh opportunities for young traders

Catherine Oshotse, a 27-year-old entrepreneur from Lagos, Nigeria, has the internet to thank for her growing business...

By Yun Shi 18 Feb 2020

Mango's standalone fashion stores have returned to SA

Global fashion brand Mango has opened a 205m² retail space in Sandton City, Johannesburg. The opening marks the reintroduction of free-standing Mango stores into the country...

31 Jan 2020

How the Shoprite Group is curbing its plastic packaging waste

The Shoprite Group is now using the 4,000 tonnes of plastic returned annually to its distribution centres to produce its 100% recycled and recyclable plastic shopping bags...

22 Jan 2020

Africa gains prominence in Global Retail Development Index 2019

A.T. Kearney's bi-annual Global Retail Development Index highlights the rise of African countries in the global retail context, with Ghana and Senegal securing spots in the top 10 on the index...

13 Jan 2020

#BizTrends2020: Bright future for luxury brands in Africa

With strong economic growth, increased affluence and a growing population that is forecast to double by 2050, the continent holds strong potential for luxury brands...

By Alain Dos Santos 10 Jan 2020

#BizTrends2020: Retail and Gen Z in 2020 - who they are and what they want

Although this generation has less spending power than Millennials, it is estimated that 40% of consumer spending will be attributed to Generation Z consumers in 2020...

By Semona Pillay 9 Jan 2020

#BizTrends2020: The future of retailing in sub-Saharan Africa

Sub-Saharan Africa is home to 14% of the world's population and by 2030, the region's population will surpass that of China. The way consumers shop in the region is ever-changing...

By Christele Chokossa 8 Jan 2020

#BizTrends2020: Africa's double-edged consumer demand

Africa's consumer landscape is fragmented and polarised, characterised by the double-edged demand of a diverse base of consumers...

By Ailsa Wingfield 6 Jan 2020

Show more