Pick n Pay's significant investment to transform into a globally competitive retailer will have a material impact on its half-year profit, which it sees as being 35%-45% lower than last year. 17 Oct 2011
Upmarket retailer Woolworths Holdings on Wednesday, 12 October 2011, said it had signed a joint venture with listed Nigerian company Chellarams Plc to open three stores in the country by December. 13 Oct 2011
Hit by expenses and infrastructure burdens, direct response retailer, Verimark Holdings on Tuesday reported a dip in diluted headline earnings per share (HEPS) of 6.9 cents for the six months ended August, from 9.7 cents previously. Revenue was down 2.2% to R196.2 million. 12 Oct 2011
Carrol Boyes won Sandton City's Best Overall Retailer and Cartier won the Best Customer Service Award at the annual Sandton City Shopping Centre Tenant Excellence awards. 11 Oct 2011
Pick n Pay shares tumbled as much as 4% yesterday morning to R35.04, their lowest in more than two years, following an announcement after the market closed on Tuesday, 4 October 2011, that earnings would drop as much as 50% due to spending on business renewal. 6 Oct 2011
Leading retailer group TFG (The Foschini Group) has bought niche luxury menswear brand Fabiani, effective from 1 October 2011. Established in 1978 by Arie Fabian and renowned for the exceptional cut of its suits, highest quality fabric and powerful design details, it expanded its offer to include casual clothing, shoes and fashion accessories and is considered one of the leaders in the luxury menswear market. Fabian will join the group as the brand director. 6 Oct 2011
Discount retailer The Crazy Store (TCS), plans to expand its footprint and cash-in on Africa's burgeoning middle class. 5 Oct 2011
Competition is set to heighten at Cape Town's premier retail and entertainment destination, the V&A Waterfront, which recently saw the addition of a number of local and international brands to its retail and food and beverage fold. 5 Oct 2011
Massmart, which owns the Game, Builders Warehouse and Makro retail chains, has fired another salvo in the retail price wars that have erupted since Walmart's entry into the country, announcing a new 60-day product promotion. 3 Oct 2011
Today, 30 September 2011, Pick n Pay completed the sale of Franklins to Australia's Metcash. Metcash is now responsible for the management of the business. 30 Sep 2011
My wife recently got ejected from a retail store and even threatened with legal action. No, my wife is not a shoplifter or a retail espionage agent, she is a just a modern woman shopping for her family in the digital age. Now I understand that the security staff and store management are executing an executive mandate but what is more worrying is that the retail chains themselves are not seeing the overriding change in how consumers are shopping. 30 Sep 2011
Pick n Pay, late last week, announced the opening of latest addition to its expanding African footprint - its first Mauritian store in Bagatelle's Mall. The company will open a further two stores in Mauritius in the next year. 29 Sep 2011
Builders Warehouse has opened its doors Gaborone, Botswana - the brand's first store outside of South Africa. 29 Sep 2011
Holdsport (HSP), which runs the Sportsmans Warehouse and Outdoor Warehouse stores, on Tuesday, 27 September, said headline earnings per share increased by 30.4% per share to 141.7 cents for the half-year ended August 2011. 28 Sep 2011
A business should be focused on customers rather than competitors if it is to succeed. This is the view of Cambridge Food marketing executive Andrew Stein. 27 Sep 2011
Anthony Keyworth and Richard Shaw - the names behind British fashion label Paul Smith in South Africa - have created and co-own Loom, a new menswear store in Parkhurst, Johannesburg. 27 Sep 2011
The Times Sowetan Retail Awards 2011, scheduled for mid-October, has as its theme 'Retailers on Display', which promises to be a feast for the eyes. The ceremony's look and feel, which will be housed in the Shine Studio's Train Room in Johannesburg, with its expansive views of the city, will be dominated by the strong use of colour-blocking coupled with simplicity in style and structure, all strongly echoing current international fashion trends. 26 Sep 2011
Following the highly successful launch of the SA Fashion Week's (SAFW) local designer 'Pop Up Shops' last year, the newly renovated Sandton City Fountain Court will once again be transformed with a showcase of South African design and talent from 30 September to 2 October 2011. 25 Sep 2011
Retailers are concerned about the outlook for retail sales during the fourth quarter of 2011 and beyond, according to a retail industry specialist. 22 Sep 2011
South Africa is about to get the second new concept Porsche Design retail store in the world, after Singapore, as the global luxury brand open its first South African store in Hyde Park Corner, Johannesburg in November 2011. Every element of the store is being designed and manufactured abroad to the brand's specifications, before being flown to South Africa for installation. 22 Sep 2011
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