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Retailers News

Borders officially cut its ties with Amazon.com on Tuesday, 27 May 2008, with the rollout of its long-planned solo e-commerce site. The book retailer announced in March that it would go it alone online after teaming with Amazon for six years. 28 May 2008
PnP wins Top award
Pick n Pay has been declared the Number One Company in the Food Retailers Sector in the Top 500: South Africa's Best Companies publication. 27 May 2008
Retail group Pick n Pay has revised upwards its headline earnings for the year ended February 2008. 21 May 2008
Skeletons in Ellerines' cupboard tumbled out this week when African Bank CEO Leon Kirkinis admitted that his bank paid R450m “more than we thought we did” when it bought the credit-driven retailer last year for R9,1bn. 16 May 2008
Best Buy, the biggest US electronics retailer, is paying US$2.1 billion for a 50% stake in Europe's largest cell phone retailer, Carphone Warehouse, the companies announced Thursday, 9 May 2008. 9 May 2008
Consumer electronics group Nu-World witnessed an 18.5% decline in headline earnings per share to 161.2 cents in what it described as an extremely difficult six month trading period to the end of February. 7 May 2008
JSE listed UK retail group Tradehold substantially reduced its trading loss of £6.6 million in the year to end February 2007 to £1.7 million in the same period in 2008, the company said on Monday, 5 May 2008. 7 May 2008
The opening of the multimillion-rand Mdantsane City mall two weeks ago heralded a new era for the township, as it transforms from a dormitory housing development to a self-contained suburb with its own amenities and entertainment facilities. 6 May 2008
British consumers love their supermarkets – but not only for food
More people than ever before in the UK, are shopping at supermarkets for items other than food, reveals new research from Verdict Consulting, a specialist division of Verdict Research reveals. 14 Mar 2008
Competition intensifies in the battle for grocery market share
A new report* from Retail Analysts Verdict Research, part of the Datamonitor Group, reveals that the battle for UK grocery market share has become more intense than ever. Despite the Competition Commission's concerns that UK shoppers may lack a choice of food retailers, Verdict finds that competition in the sector is flourishing. 22 Feb 2008
Shoprite said in a trading update that its turnover for the six months ended 31 December 2007 increased by 21.8% to R23.3bn. 17 Jan 2008
Novel idea helps your advertising cash in at the cashier
A new advertising concept puts cashiers' conveyor belts to work as an advertising medium – and your target customer is right there… watching your advertisements. 17 Jan 2008
Just next to a number of retirement villages in Walmer, Port Elizabeth, a shady plantation of trees was flattened a year ago. 2 Jan 2008
Pinetown Checkers Supermarket must compensate a customer whose arms were injured when she slipped and fell in an oily patch in the supermarket in September 2005. 30 Nov 2007
Completing the evolution of Norwood
After almost 14 months of construction, Pick 'n Pay's much-anticipated New Evolution Norwood Hypermarket opened its doors for business on Tuesday, 4 September. 5 Sep 2007
It's time to give something to SANTA... and others
Radio 2000's Plight of the Homeless campaign, now running at Somerset Mall, The Mall of Rosebank, Northgate and the Village Walk Shopping Centre, ends on 31 August, and since its launch in June, it has helped SANTA, Meals on Wheels, Somerset Night Shelter and other charities to assist the needy. 16 Aug 2007
SharAmbrosia, the company that founded the 'All Natural Beauty' website to educate consumers about what to look for, and what to avoid when it comes to healthy daily grooming and beautifying, have launched 'All Natural Wholesale' for retailers and spas. 7 Aug 2007
TopTenWholesale, the information superhighway for wholesale suppliers and distributors, have announced the formation of a strategic media partnership with Nielsen Business Media for its upcoming wholesale exhibition. 2 Aug 2007
IRIN, the award-winning humanitarian news and analysis service of the UN Office for the Coordination for Humanitarian Affairs (OCHA), launched its Arabic service. 26 Jul 2007
Media convergence has broken new ground at Menlyn Park Shopping Centre, Pretoria. It has become the first mall in Africa to use mobile technology to communicate with shoppers in a personalized manner. 13 Jul 2007
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