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Retailers News

Fresher Food Store launches in Kimberley
Fresh produce retailer, Fruit & Veg City opened the doors to its new 1600m2 Fresher Food Store at Diamond Pavilion Mall in Kimberley last week, 13 May 2010. 18 May 2010
Aubrey Zelinsky, the MD of Pick n Pay's Australian operation, is to retire at the end of June. His departure will accelerate discussion around the future of Franklins, Pick n Pay's operation there. It may possibly smooth the way for greater change. In the decade that Pick n Pay has owned the value retailer, turnover has remained flat, while investment has increased. 17 May 2010
Spar Group, the company supplying and branding SA's Spar, Tops and Build it stores, will next month open its first branded pharmacy. 13 May 2010
Hobie Beach gets 24-hour fresh food
Freshstop will be launching a new forecourt store in association with Chevron SA at the Hobie Beach Caltex in Port Elizabeth on Thursday 27 May 2010. This 24-hour convenience store brand - a member of the Fruit & Veg City group - provides shoppers with fresh and healthy alternatives with a focus on convenience. 13 May 2010
Retailer Massmart Holdings said today, Tuesday 11 May 2010, that for the 44 weeks to 2 May, total sales increased to R39.9 billion - growth of 8.6% over the prior period, and comparable store sales grew 1.4%. Inflation for the period is estimated at 0.8%. 11 May 2010
LONDON, UK: Egyptian billionaire Mohamed Al Fayed has sold luxury London department store Harrods to the investment arm of Qatar's sovereign wealth fund, his financial advisors Lazard said Saturday, 8 May 2010. 10 May 2010
The race is on among local retailers to establish a good grip on the pharmacy market. In-store pharmacies are being introduced rapidly as shopkeepers strive to deliver convenience to shoppers and get them into the stores. Ultimately it's all about the battle for consumers — growing market share, increasing sales and finding new revenue streams to lift earnings. 10 May 2010
Makarapa goes commercial
Since Alfred Baloyi made his first Makarapa 30 years ago, to dodge flying bottles at a Kaizer Chiefs game in 1979, his custom-made safety helmets have become the headgear of choice at football matches across South Africa. Now they will be commercially available for business and fans from new premises in Wynberg, Sandton. 10 May 2010
New Food Lover's Market for Table View
The new Food Lover's Market launches in Table View, Cape Town, today, 5 May 2010. Designed to offer something for everybody - foodies, families and singletons - the store takes its design cues from international retail trends in Europe and the US and other successful branches around South Africa. 5 May 2010
Another chance to get 2010 tickets
South Africans who still wish to purchase 2010 FIFA World Cup tickets will be relieved to know that a few thousand additional tickets have gone on sale today, 4 May 2010. 4 May 2010
Best butcheries in SA
The 45 winners of the 2009 Cleaver Awards - for meeting and often exceeding consumer expectations - were announced at a formal luncheon held late last week at the Southern Sun, Garden Court, OR Tambo International Airport Hotel in Johannesburg. 3 May 2010
Building materials retailer Cashbuild expected to wait a year for a significant improvement in trading conditions, CEO Pat Goldrick said yesterday, 28 April 2010, as the home improvement market struggles to shake off the effects of the economic downturn. 29 Apr 2010
The Consumer Price Index (CPI) for March fell to 5.1% in line with market expectations. 29 Apr 2010
The Consumer Price Index (CPI) to be released this week is expected to slow down to 5.1% year-on-year. 28 Apr 2010
Retailer Clicks Group on Thursday, 22 April 2010, reported a 24.5% increase in diluted headline earnings per share to 100 cents for the six months to end February 2010 from 80.3 cents a year ago, boosted by the continued strong trading results from the Clicks chain. 23 Apr 2010
Describing the past year as tough, retailer Pick n Pay on Wednesday reported flat results for the year ended February 2010, with diluted headline earnings per share of 210.62 cents, up just 1.3% from the previous year's 207.89 cents. 22 Apr 2010
Retail trade sales in February, which had been expected to pick up, fell by 1.5% year-on-year, Statistics South Africa (Stats SA) said on Wednesday, 14 April 2010. 15 Apr 2010
Final 2010 ticket phase kicks off Thursday
The fifth and final ticket sales phase of the 2010 FIFA World Cup will kick off tomorrow with the opening of 11 Ticketing Centres in all host cities across the country. 14 Apr 2010
PARIS, FRANCE: The world's biggest luxury company, LVMH, reported an 11% jump in sales in the first quarter today, Tuesday 13 April 2010, as buyers snap up watches, jewellery and high-end drinks after months of economic gloom. 13 Apr 2010
It can only be a matter of time before Wal-Mart lands on these shores. Sooner or later the world's largest retailer will extend its reach to Africa. 12 Apr 2010
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