NEW DELHI, INDIA: French supermarket giant Carrefour has opened its first cash and carry store in India, hoping the government will soon relax restrictions on foreign investment in its massive retail sector. 3 Jan 2011
Woolworths and Pick n Pay stand out as the two worst performing companies in the retail sector in 2010, according to a retail analyst. 31 Dec 2010
Luggage brand, Samsonite has launched exclusive branded boutique 'shops' within exclusive luggage outlets in Johannesburg and Cape Town. 28 Dec 2010
Walmart's offer to acquire 51% of Massmart has put SA in the display case for retailers intent on global expansion. 28 Dec 2010
"Free money" in offshore markets has been a driving force in pushing up valuations in emerging markets to historic highs and South African retailers have shared in this largesse and valuations in the food retail sector are at near-decade highs, according to Investec Asset Management Equity research. 24 Dec 2010
Samsung Electronics SA has warned consumers to beware of 'grey products' as they shop for electronic items during the festive season. 21 Dec 2010
Months ahead of its likely entry in SA, riding on its low-price reputation, Wal-Mart is battling perceptions in its home US market that it is no longer the cheapest retailer. 21 Dec 2010
The Scoin Shop, the retail division of the South African Gold Coin Exchange (SAGCE), was nominated as an international retailer of the year award finalist, alongside Desigual with 7000 shops, Jack Wolfskin and Lego, during the MAPIC Awards, which recognise excellence and innovation in the retail real estate arena, at the Palais Des Festival, Cannes, France last month. 21 Dec 2010
Wealthy Christmas shoppers have a range of unusual gifts to splash out on this year - everything from a highspeed Ducati ride to a R145000 flip in a fighter jet. 20 Dec 2010
Total till takings in South Africa this Christmas are bound to crack the R60-billion barrier, a milestone narrowly missed last year, according to Statistics South Africa's total retail sales at current prices. 20 Dec 2010
Following Pioneer Foods announcement that it had begun to reduce the price of bread and flour, in compliance with the Competition Tribunal's order in the bread price-fixing matter, Pick n Pay said it had already started passing this saving on to consumers. 20 Dec 2010
The Cleaver Awards, hosted every year for consumers to acknowledge outstanding butcheries from around South Africa, close for entries on 31 December 2010. Once the nominations are in, SAMIC (South African Meat Industry Company) receives the shortlist from the South African Red Meat Industry Forum, which sponsors the awards. SAMIC decides on a starting date for auditing, as well as a date when the process of auditing must be finished. 17 Dec 2010
Cape Quarter Lifestyle Village on Somerset Road in Green Point has added Village Home & Hardware as its latest addition to its stores. The store offers an affordable, easy-to-use DIY product range of everything from nails to hammers, screws to locks in a complete hardware range of familiar and trusted brands. It adds home décor items, kitchenware, garden and outdoor living accessories. 13 Dec 2010
Redgwoods, owner of Reggie's, Toys R Us and Baby and Company, expects booming business this festive season as evidenced by October sales which kick-started the final quarter of the year with record sales. 13 Dec 2010
Just in time for the holiday season, two new Engen 1 Stops opened their doors in the Richards Bay area on Thursday, 9 December 2010, located on the N2 National highway - one on either side of the road - each with similar offerings for commuters. 13 Dec 2010
South African retailer Pick n Pay said that while consumers are still feeling the pinch to a large degree, it finds that at this time of year consumers tend to splash out and treat themselves and their families. 10 Dec 2010
South African food inflation is likely to remain muted for the rest of 2011 despite a surge in international prices of most agricultural commodities, according to analysts on Wednesday, 8 December 2010. 9 Dec 2010
Africa's consumer spending is forecast to rise to US$1.4 trillion by 2020, according to a report titled 'Lions on the move: The progress and potential of African economies' by management consultancy firm McKinsey & Company. 9 Dec 2010
Pick n Pay confirmed that the Australian Competition and Consumer Commission (ACCC) on Wednesday, 8 December 2010, commenced legal proceedings in the Federal Court to prevent the proposed sale of Franklins by Pick n Pay to Metcash Trading. 9 Dec 2010
The Morningside Shopping Centre's recent Retail Design and Development Spectrum Award from the South African Council of Shopping Centres, rounds off a successful year for the centre's architects and developers, MDS Architecture, Grapnel Property Group and Flanagan & Gerard Property Development and Investment. 9 Dec 2010
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