Woolworths' (WHL) bid to become one of the southern hemisphere's largest retailers by buying Australian department store chain David Jones was dealt a blow on Thursday, 19 June 2014, when a shareholder vote to approve the deal was delayed by two weeks due to the emergence of billionaire investor Solomon Lew as one of the company's major shareholders. 23 Jun 2014
Woolworths (WHL) shareholders have approved the proposed acquisition of David Jones‚ the Australian department store retailer. 17 Jun 2014
Zimbabwe Stock Exchange-listed retailer OK Zimbabwe is set to invest $16m in its operations and refurbish several existing stores nationwide due to increased competition. 12 Jun 2014
Solomon Lew continues to be a noose around Woolworths' neck: it emerged last week that the Australian retail magnate had bought a small stake in department chain David Jones‚ just weeks ahead of a shareholders' vote that could thwart South Africa's biggest retail deal. 9 Jun 2014
Retailers are facing tough times but the furniture sector is having the toughest time of all. "Furniture is an unmitigated disaster," says Absa Asset Management analyst Chris Gilmour. 9 Jun 2014
Massmart's (MSM's) intention to grow its food offering at Game stores has been dealt another blow by exclusivity clauses that protect incumbent grocers in malls from competition. 9 Jun 2014
The value of retaining the Ackerman family's "artificial" control of Pick n Pay was again questioned at the supermarket giant's annual general meeting on Monday, 2 July 2014. 5 Jun 2014
Australian brand, Colette by Colette Hayman, has expanded its operations in South Africa. At the end of May 2014, it opened in Clearwater Mall and in June, it will open in the Mall of Rosebank. These stores join the Canal Walk, Cape Town store, which opened in February and Woodlands Boulevard, which opened earlier in May 2014. 4 Jun 2014
Launched in 2013 in Sandton City, City Chic, the Australian plus-size clothing brand, has opened its second store in Menlyn Park Shopping Centre, Pretoria. 2 Jun 2014
Indebted consumers battling to repay loans and settle accounts have spurred Foschini Group (TFG) to be more stringent about extending credit. 30 May 2014
The South African designer children's clothing brand, Keedo opens a new store in Pretoria this weekend at the Forest Hill Shopping Centre in Pretoria West. The store will be the second to feature the new look and is part of the company's growth programme. The first store to feature the new look was the Clearwater Mall store, which opened for business on 1 April 2014. 30 May 2014
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
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