Hackett London launched its second South African store in Sandton City's new mall space at an event late last week. The flagship men's outfitters joins the other at OR Tambo International Airport in offering British style. 30 Apr 2012
Despite tough trading conditions, retailer Clicks (CLS) has reported a 7.6% rise in diluted headline earnings per share to 131.5 cents for the six months ended February from 122.2 cents a year ago. 26 Apr 2012
Local retailers should take advantage of Wal-Mart's weaknesses, rather than competing on price, which is one of its greatest edges, Natalie Berg, global research director of retail analyst firm Planet Retail said. 25 Apr 2012
Health and beauty retail and supply chain Clicks Group (CLS) will this week release its half-year results. 24 Apr 2012
Retailer Pick n Pay and BP Southern Africa have formally combined forces which will see the roll out of small-format Pick n Pay stores located at BP service stations in the major metropolitan areas across SA, the companies said on Monday, 23 April 2012. 23 Apr 2012
On the evening of Thursday 19 April 2012, the executive mayor, Alderman Patricia De Lille officially opened the new Lindt Chocolate Studio & Boutique at the Cape Quarter Lifestyle Village. Described as the only chocolate store of its kind in Africa, the mayor put her hands and feet in chocolate cement on its 'chocolate walk of fame'. 23 Apr 2012
If one were to review the reasons for a failed business, mistakes in marketing, finance and employment are hardly ever the primary factors. Many companies go under despite a solid product offering, skilled resources and detailed financial plans. 20 Apr 2012
Retailer Pick n Pay on Wednesday, 18 April 2012, reported headline earnings per share of 160.78 cents for the year ended February 2012, a decrease of 15.1%. 18 Apr 2012
Though operational results for the second half of Pick n Pay's financial year are expected to show an improvement, the group's fervent investment in its turnaround strategy is likely to have had a negative impact on profit growth for the year. 17 Apr 2012
It has gone ominously quiet after the much-awaited judgment by the Competition Appeal Court in the Wal-Mart matter, but there is still a week left for the parties to indicate whether they will consider appealing to the Supreme Court of Appeal. 3 Apr 2012
For global retailers looking to secure long term growth and diversify their source of income, setting up an African strategy is key. 3 Apr 2012
HomeChoice Holdings, a direct marketing retailer selling home décor and financial services products to the rapidly expanding middle-income market in southern Africa, has announced its intention to list on the JSE in the second half of 2012, market conditions permitting. 3 Apr 2012
Pick n Pay on Friday said headline earnings per share (HEPS) and diluted HEPS from continuing and total operations would decrease by between 10% and 20% for the year ended 29 February 2012. 2 Apr 2012
Pick n Pay's struggles over the past few years have sparked speculation that the 45-year-old retailer could be a takeover target for overseas and local retailers. 2 Apr 2012
The annual Woolworths Soup Recipe Competition has opened for entries to all amateur cooks to enter their original soup recipes, which can be inspired by MasterChef or handed through the family for years. 30 Mar 2012
Minister Rob Davies of the dti launched the organic farmer/retailer programme at Pick n Pay's flagship store, On Nicol in Hurlingham on Friday 23 March 2012. Pick n Pay is the first retailer to agree to provide dedicated organic produce shelf space in 50 stores countrywide, as its contribution to facilitating the development of the organic produce sector and emerging farmers. 27 Mar 2012
With no intention of receding into the shadows, Africa's biggest retailer, Shoprite Holdings on Thursday, 22 March 2012, said it would raise R8 billion to bolster its balance sheet and help fund acquisitions as it readies itself in the face of increased competition following US giant Wal-Mart's entry to the continent. 23 Mar 2012
Shoprite Holdings (SHP) is to launch up to 27.2 million new ordinary shares, representing 5% of its ordinary shares in issue, and is to make a concurrent offering of convertible bonds due 2017 in a nominal amount of approximately R4.5 billion, it said on Thursday, 22 March 2012. 22 Mar 2012
More international retailers will enter SA in the next few years as the country's retail sector matured, Stefan Laban, MD of strategic alliances for Gap Incorporated, said yesterday, 19 March 2012. 20 Mar 2012
From tomorrow, 21 March 2012, Fundudzi by Craig Jacobs will be on sale at Edgars Melrose Arch for one month as part of the SA Fashion Week Designer Capsule. The range, marking the arrival of the autumn/winter season, evokes the edginess of the African street in the typical understated style of the label, which has shown in catwalks across the globe from Stockholm to Luanda and Paris to Maputo. 20 Mar 2012
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