Retailer Spar Group‚ which reported half-year results on Wednesday‚ 21 May 2014, said trading conditions remained tough‚ with pressure on consumer spending due to rising unemployment‚ now at 25.2%‚ increasing household debt and interest rates. 23 May 2014
Woolworths on Friday, 16 May 2014, said it had received approval from the Reserve Bank for its R23.3bn acquisition of Australia's David Jones. 19 May 2014
Retailer Holdsport on Tuesday reported increased headline earnings per share (HEPS) of 1.9% to 423.3c for the year ended February. 8 May 2014
Though commentators forecast a difficult South African consumer economy this year‚ retailer Massmart (MSM) said in its annual report on Tuesday that sales rose 11.4% for the 14 weeks to 6 April. 2 May 2014
Massmart (MSM) said on Tuesday, 29 April 2014, total sales for the 14 weeks to 6 April 2014 increased by 11.4% and comparable sales rose by 7.1%. 30 Apr 2014
Clicks Group's (CLS's) half-year results‚ which are due out this week‚ are likely to reflect the strain on the retailer's middle-income target market‚ which remains under pressure. 22 Apr 2014
Pick n Pay (PIK) on Tuesday, 15 April 2014, reported a 7.7% increase in turnover to R63.1bn for the full-year driven in part by an accelerated programme of new-store growth and cost cutting. 15 Apr 2014
Kuseni Dlamini has been appointed as the independent, non-executive chairman of Massmart-Walmart board and takes over from Mark Lamberti with effect from 10 April 2014. Lamberti was recently appointed CEO of Imperial Holdings. 14 Apr 2014
The Red Shed and Blue Shed at the V&A Waterfront gets a new space, a new name and a new curator, Trevyn McGowan. The R50 million renovation of the area will see the focus broaden to craft and design, and the name 'Watershed' reflect its place as a talent incubator, giving tenants exposure to the many local and international visitors the Waterfront welcomes on an annual basis. 14 Apr 2014
Grant Pattison has decided to step down as CEO of Massmart, effective 1 June 2014, the Group announced today, 11 April 2014. Guy Hayward, currently chief operating officer, has been named as his successor. The appointment is in line with the Group's succession plan, enabling a smooth leadership transition. 11 Apr 2014
In a deal that will make it one of the 10 largest department store operators in the world‚ Cape Town-based Woolworths (WHL) is set to buy Australian department store chain David Jones for R21.4bn (A$2.1bn). 10 Apr 2014
Shares of high-end retail group Woolworths (WHL) fell to a three-week low on Wednesday, 9 April 2014, as investors considered its proposed acquisition of Australian-based department store David Jones‚ valued at about R21bn‚ as "too expensive". 10 Apr 2014
Cape Town-based Woolworths is to acquire Australia's second-largest department store chain‚ David Jones‚ for A$2.1bn (R21.4bn). 10 Apr 2014
One of the largest global speciality health and wellness retailers, General Nutrition Centre (GNC), has opened its first concept store in South Africa in the new extension of Cresta Shopping Centre in Randburg. 4 Apr 2014
This week Woolworths celebrates the opening of two iconic Australian brands, Witchery and Mimco. 28 Mar 2014
NEW YORK CITY, US / KFAR SABA, ISRAEL: How you can manage costs better in retail stores: Six factors that contribute to energy waste and are raising your costs. 24 Mar 2014
MADRID, SPAIN: Spanish textile titan Inditex, owner of global fashion brand Zara, reported Wednesday, 19 March 2014, slower profit growth in 2013 as it poured money into new stores, with up to 500 more to open this year. 20 Mar 2014
Retailers‚ take heed: South African consumers want it all - convenient physical store locations‚ websites that enable them to find and purchase products‚ and easy-to-use mobile websites or apps. 20 Mar 2014
Diversified retailer Steinhoff (SHF) on Tuesday, 18 March 2014, announced plans to increase its stake in its subsidiary JD Group to 98% from 56.8% to help the furniture retailer overcome operational challenges facing its business. 19 Mar 2014
Rakuten needs to withdraw all ivory products from its websites claims the EIA. Image: World Wild Life
LONDON, UK: Japanese e-commerce retailer Rakuten is the world's largest online marketplace for elephant ivory and whale meat products, an environmental campaign group said. It said that running the advertisements for these products was akin to arming poachers. 19 Mar 2014
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