Mango's branch at Palms Mall shopping centre, Victoria Island. Image: Wiki Images
Given the challenges facing them‚ foreign retailers would not enter the African market in a significant way within the next 10 years‚ according to Boris Planer, chief economist at London's Planet Retail. 6 Nov 2013
Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods. 5 Nov 2013
Canal Walk in Cape Town. Image: Wiki Images
South Africa is a nation of shoppers but it's failing to fuel sustainable growth in the country where more fixed investment and job creation are needed to foster real growth. 4 Nov 2013
Shoprite's turnover in Africa was up almost 30%. Image: Shoprite Holdings
Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September. 29 Oct 2013
Clicks Group expects weak consumer spending to continue and says it will emphasise value and innovation over the Christmas period‚ CEO David Kneale said on Thursday, 24 October 2013. 25 Oct 2013
Bose boutique stores have opened inside DionWired outlets at Greenstone and Woodmead in Johannesburg. Created in line with the Bose store-within-a-store design used across the world, this is the first of many in-store boutiques that will offer customers a complete sound solution, from demonstrations to installations to after sales service. Bose is recognised as a global leader in quality home cinema and personal audio systems. 25 Oct 2013
Massmart opened the doors to three George pop-up stores yesterday, 23 October 2013, to introduce South African consumers to the famous British brand of clothing. 24 Oct 2013
Republic Umbrella, the Durban-based design company responsible for the Woolworths hummingbird cushion design, has spoken out in defence of the retailer and its artwork. 23 Oct 2013
Richard Brasher, CEO of Pick n Pay. Image: Pick n Pay
Retailer Pick n Pay on Tuesday (22 October) reported a 35.8% increase in its headline earnings per share (HEPS) to 40.81c for the 26 weeks to September‚ which had two fewer trading days than the comparable period. 23 Oct 2013
Pick n Pay is "back"‚ the retailer's founder‚ Raymond Ackerman said today, 22 October 2013, at the group's interim results presentation in Cape Town. 22 Oct 2013
Privately owned and family-operated business Cape Union Mart Group will expand its footprint in SA, Namibia and Botswana, CEO Andre Labuschaigne said on Friday, 18 October 2013. 22 Oct 2013
A premium Pick n Pay will open at the Ipic Shopping Centre in Kenridge, Cape Town in early December 2013. It will offer a selection of fresh produce, butchery, deli lines, a dedicated bakery and an Italian section. As an added convenience, shoppers will be able to make third-party payments and purchase airtime at till points. 18 Oct 2013
Christmas period retail sales could grow by slightly more than 3% in real terms provided there is no resurgence in strike activity that disrupts both production and workers' earnings‚ Credit Guarantee Insurance Corporation senior economist Luke Doig said. 18 Oct 2013
This year's Best Retailer Overall at Sandton City's annual Tenant Excellence Awards was a tie, with Browns jeweller, Louis Vuitton and Nespresso winning the award jointly. Lorenzi won Best Customer Service Overall. 17 Oct 2013
Retail trade sales rose more than expected in August‚ with economists warning‚ however‚ that there were still challenges to consumption expenditure that could see retail sales come under pressure. 17 Oct 2013
Retail trade sales measured in constant (2012) prices increased by 3.0% year on year (y/y) in August from a revised 2.9% (2.8%) y/y increase in July‚ figures from Statistics SA showed on Wednesday, 16 October 2013. 16 Oct 2013
Job cuts are looming for South Africa's middle and senior managers‚ analysts said on Monday‚ 14 October 2013, as food giant Pioneer Foods (PFG) announced that more than 1‚200 of its best-paid staff were being axed or moved to lower-paid jobs. 15 Oct 2013
Retailer Holdsport reported core headline earnings per share (HEPS) of 163.1c for the six months to August from 157.1c a year ago - an increase of 3.8%. 14 Oct 2013
The Foschini Group (TFG) said on Thursday, 10 October 2013, it had purchased an additional 6.755-million ordinary shares‚ representing 3.0% of its shares‚ at a cost of R634.3m‚ on the open market. 10 Oct 2013
Verimark Holdings has reported a narrower headline loss per share for the six months to August of 1.2c having lost 5.2c a share a year ago. No interim dividend was declared. 10 Oct 2013
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