As part of the extensive retail expansion currently underway at the V&A Waterfront, Topshop/Topman and Tommy Hilfiger will open this month. Both are a first for the Western Cape. 7 May 2013
A year ago Pick n Pay chairman Gareth Ackerman spoke of the "green shoots [of recovery] getting stronger". His enthusiasm was more than a little premature. 6 May 2013
The opening of the new Pick n Pay store on the corner of Tranquil and Joyhurst Streets in Chatsworth marks the 1000th store opening for the group and finalisation of a 30-year old dream of founder Raymond Ackerman. 29 Apr 2013
Despite constrained consumer spending and relatively low selling price inflation‚ Clicks has strengthened its competitive position and gained market share in all of its core health and beauty markets‚ chief executive David Kneale said on Thursday (25 April). 26 Apr 2013
Keith Warburton has been appointed to the newly-created position of chief operating officer of the Clicks chain with effect from 6 May 2013‚ the company announced today, 25 April 2013. 25 Apr 2013
Pick n Pay has reported a 21.7% drop in diluted headline earnings per share to 109.61c despite a 7.1% rise in turnover to R59.3bn. Dividends fell by 35.8% to just 84 cents a share. 24 Apr 2013
Gustave Moller (L) and Gerhard Ackermann (R)
Gerhard Ackermann, previously the merchandise director at the Shoprite Group, and Gustave Moller, responsible for the creation and expansion of Shoprite's U-Save format both locally and in Africa, have joined Pick n Pay in senior positions. The group has also announced a number of changes to existing reporting structures within the company. 22 Apr 2013
Real retail sales surprised to the upside with an acceleration to a 3.8% year on year (y/y) increase in February from a revised 2.2% y/y (previously 1.9%) gain in January. 19 Apr 2013
Real retail sales accelerated by 3.8 % year-on-year (y/y) in February from a revised 2.2% y/y gain in January according to figures released by Statistics SA (Stats SA) on Wednesday, 17 April 2013. 18 Apr 2013
The Congress of SA Trade Unions (Cosatu) says it is "disturbing' that popular retail stores were stocking products with undeclared meat content. 17 Apr 2013
Pick n Pay Holdings expects its diluted headline earnings per share from continuing operations in the 52-week period ended 3 March 2013 to decline by between 25% and 35%‚ from the comparative period ended 29 February last year. 12 Apr 2013
Mr Price (MPC) expects its headline earnings per share for the 52-week to March 30 to rise by more than 20% from the corresponding period a year earlier. 10 Apr 2013
Opening of Boxer Elim
As part of Boxer Superstores concerted push to provide greater choice to a broader reach of South Africans, it has increased its trading space by 8.5% during 2012, opening 20 new stores and celebrating the opening of its 150th store in Vryburg. 10 Apr 2013
Gregory Widmer, Yea-h Furniture Marketing Director
Following its success at the Grand Design Show, held at the Dome, Johannesburg in May 2012, Yea-h Furniture has opened a retail outlet on 4th Avenue, Parkhurst, Johannesburg. 9 Apr 2013
Trading conditions continued to deteriorate and the growth in retail sales volumes slowed during the first quarter of 2013‚ the Ernst & Young/Bureau for Economic Research (BER) retail survey revealed on Monday, 8 April 2013. 9 Apr 2013
The Foschini Group (TFG) advised on Thursday, 28 March 2013, that it has entered into a repurchase programme to repurchase shares during its closed period. 2 Apr 2013
NEW YORK, USA: US retail giant Walmart said Tuesday, 26 March 2013, it expected to suffer financial losses amid an ongoing probe into corruption scandals involving foreign subsidiaries. 27 Mar 2013
As part of its expansion into Africa, Pick n Pay yesterday, 21 March 2013, said it had opened a store in Luanshya, Zambia. This is the group's sixth Zambian store and takes the total of outlets outside of SA to 95 across eight countries. 22 Mar 2013
Earlier this week, the Edcon group hosted local and regional supplier conference, attended by over 50 South African and regional clothing, footwear and home textile companies, with a keynote address being given by Abisha Tembo, chief director Department of Trade and Industry (dti). 22 Mar 2013
It is not only small retailers and less-than-scrupulous manufacturers who have been hit by scandal, as the global flood of revelations about adulterated food has raised legitimate questions about food safety and the integrity of what we eat. 20 Mar 2013
Let's do Biz