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Retailers News

Woolworths chooses winning soup
Earlier this year Woolworths invited amateur cooks to send in their very best, original soup recipes. After a fun Soup Judge off with some of South Africa's foodies, the company has announced that Kelly Chrystal's tasty Durban Mutton Curry Soup has been named the best homemade soup in South Africa. She wins a R50 000 Woolworths gift card and the knowledge that her original home-style soup will feature in its 2012 range from mid-March 2012. 7 Sep 2011
Nigeria's potent potential has made it the bull's eye of foreign and local retail companies as the 'country de jour' in which to set up shop, despite obvious risks in the most populous country in Africa. 5 Sep 2011
True to form, Truworths delivered another superb set of results in its year to June, lifting headline earnings per share 21% and rewarding shareholders with a hefty 31% dividend increase. The results build on its record as the fashion retailer to beat, but also raise the question: can it improve on performance metrics that are virtually unrivalled by any clothing retailer worldwide? 2 Sep 2011
Last day of Pop Shop at V&A Waterfront
Today 31 August 2011 at 9pm, the Pop Shop, inspired by Design Indaba, will close at the V&A Waterfront in Cape Town to relocate to a new, currently secret, venue. However, the South African designer products will be available from Design Indaba's online shop. 31 Aug 2011
South African unions are on heightened alert after rumours surfaced that UK retailer Tesco was in talks to acquire Cape Town-based Pick n Pay. 30 Aug 2011
Massmart, the owner of the Game, Builders Warehouse and Makro retail chains, last week said it would grow its food retailing business as the integration with US retail giant Walmart proceeded. 29 Aug 2011
South African supermarket group Pick n Pay on Thursday, 25 August 2011, welcomed the decision by the Federal Court of Australia to dismiss an application by the Australian competition regulator, the Australian Competition and Consumer Commission (ACCC), seeking to prevent Metcash from acquiring Franklins from Pick n Pay. 25 Aug 2011
HP has opened a store-in-store (SIS) inside the Dion Wired in Woodmead, Johannesburg, where most of its new laptops equipped with 'Beat Audio' are being sold. The launch took place last night, Wednesday 24 August 2011, at the Woodmead Retail Park. 25 Aug 2011
Shoprite (SHP) on Tuesday, 23 August 2011, boasted a 12.4% rise in full-year profit but sounded alarm bells saying competition among the major food retailers was expected to intensify as they held prices in check on the back of rising food inflation. 24 Aug 2011
Home-grown clothing retailer Naartjie Kids has opened its first stores in Saudi Arabia as it expands into the Middle East and North Africa. 22 Aug 2011
As market changes in the local retail industry bring about increased competition to the sector, companies need to think differently about their business models and use tools such as business intelligence (BI) to compete effectively, according to BI, advanced analytics and information specialist group PBT. 17 Aug 2011
Richard van Rensburg, who joined the Pick n Pay board as an independent non-executive director last year, has been appointed as deputy chief executive officer on a three-year contract. He will head up the group's dedicated transformation programme team, which includes the company's information systems and supply chain divisions, as part of several structural changes designed to accelerate its drive to implement global best practice procedures across the business. 16 Aug 2011
Lorna Jane launches in SA
Lorna Jane has opened its first store in the Morningside Shopping Centre, Johannesburg in August 2011 and a second is due to open in Sandton in November. Described as Australia's premier women's activewear brand, it targets women between 20 and 45, with a product range of fashionable, high quality and functional fitness apparel, casual wear, yoga apparel, footwear and accessories. 5 Aug 2011
Steyn leaves Pep after 25 years
George Steyn, current MD of Pep has announced his retirement from the group on 30 September 2011, after 25 years. His position will be filled by Pep operations and sales director, Leon Lourens, who has been appointed MD Designate until Steyn leaves. 2 Aug 2011
New SAcamera opens superstore in Cape Town
The centre of Cape Town saw the launch last week of the SAcamera superstore offering a professional camera showroom store. The store reportedly has the first active lighting display in Cape Town, the widest range of photographic products in the country and the first official state of the art Leica boutique store in South Africa. 31 Jul 2011
Five international retailers open at Sandton City
Sandton City recently saw the arrival of five world-class retailers, each adding a distinct flair to the Sandton City brand. "We welcome Dumond, Inglot, Carlo Pignatelli, Miguel Vieira and Kurt Geiger to our retail family," says Sharon Swain, centre manager at Sandton City. "Each of these retailers boasts a unique and premium offering and their arrival brings the best of international trends to our local market." 31 Jul 2011
More Trade Centres convert to Metro Hyper Stores
Adding to its conversion of Trade Centres to Metro Hyper stores, Metcash Trading Africa announced the opening of Hillfox, Hermanstad, Springs, Polokwane and Bloemfontein, yesterday 28 July 2011, bringing the number of stores to eight. 29 Jul 2011
Hiring individuals because they fit your corporate culture is one thing, hiring executives because they share similar resumes and backgrounds, is quite different. Having a diversity of experience in your corporation is extremely important. It allows the entrance of fresh perspectives and ideas to pass through your walls and emerge as new concepts on the sales floor. 28 Jul 2011
The SA Commercial, Catering and Allied Workers Union (Saccawu) on Tuesday, 19 July 2011, lashed out at what it called an "unwarranted and unprecedented" attack on its integrity by the retailer Pick n Pay's (PIK) operations director Neal Quirk and a labour market analyst, Andrew Levy. 20 Jul 2011
Holdsport (HSP), which runs the Sportsmans Warehouse and Outdoor Warehouse stores, listed on the JSE's main board today, Monday 18 July 2011, in the Apparel Retail sector. 18 Jul 2011
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