Sydney-based Metcash can proceed with its long-delayed acquisition of retailer Pick n Pay's (PIK) 80 corporate owned and eight franchised Franklins supermarkets. 21 Sep 2011
Fitch Ratings on Tuesday, 20 September 2011, downgraded SA-based retailer Pick n Pay's (PIK) national long-term rating to 'A(zaf)' from 'A+(zaf)'. 20 Sep 2011
Pick n Pay's long-delayed Franklins deal comes to a head today, Thursday 15 September 2011 when a judge will decide if Sydney-based Metcash can proceed with its R1.4 billion rand takeover, despite the Australian Competition and Consumer Commission's (ACCC's) appeal against the Federal Court judgment allowing the deal. 15 Sep 2011
Metcash, one of Australia's largest grocery and liquor wholesalers, has made it clear that it intends to complete its R1.4 billion acquisition of Pick n Pay's Australian operation, Franklins. 13 Sep 2011
South African retailer Woolworths Holdings has announced a joint venture in Tanzania and Uganda, adding more stores to its growing African portfolio. 12 Sep 2011
Clicks retail chain is aiming to reach 500 stores in South Africa in the next three to five years, as it opens its 400th store in the Tiffany Shopping Centre in Umhlali on the KwaZulu-Natal North Coast. It has 20-30 planned for 2012. It also has stores in Namibia, Botswana and Swaziland. 12 Sep 2011
The Australian Competition and Consumer Commission (ACCC) has decided to appeal against the Federal Court's judgment dismissing its application to prevent Metcash from acquiring the Franklins supermarket business. 9 Sep 2011
Backed by its new parent, Walmart, the sky may be the limit for Massmart. But investors gripped by Walmart fever could be in for a disappointment if they are expecting the instant gratification that Massmart's heady 26 p:e suggests. 9 Sep 2011
According to a 2010 Retail Food Sector Report, compiled by GAIN (Global Agricultural Information Network), convenience shopping - exemplified by c-stores such as Freshstop at Caltex - is a growing trend among middle- to high-income consumers. 8 Sep 2011
Retailer Woolworths on Tuesday, 6 September 2011, announced the resignation of group director corporate governance and group secretary, Cherrie Lowe, with effect from 21 March 2012. 7 Sep 2011
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
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
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