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Retailers News

Food retailers push to enforce exclusivity
Pick n Pay, it seems, intends to step up efforts to stop Massmart from expanding its food offering in Game stores across SA, prompting JSE-listed mall owners to call on the Competition Commission to intervene. 11 Aug 2014
Spar bids for 80% stake in the BWG Group
The Spar Group (SPP) on Monday, 11 August 2014, announced it had entered into an agreement whereby it will subscribe for an 80% stake in BWG Group for a purchase consideration of EUR55m. 11 Aug 2014
Pylones opens at V&A Waterfront
The international brand, Pylones opened its flagship South African stores at the V&A Waterfront on 1 August 2014. Designer Braguette Magique launched Pylones from a basement in Paris in 1985 and its enthusiastic and talented designers, new materials, new techniques, competent suppliers and its efficient and attentive employees contribute to its success worldwide. 11 Aug 2014
Israeli products to stay on shelves
The Consumer Goods Council of South Africa (CGCSA) has come to the defence of local retailers following threats from consumers to boycott retailers stocking goods imported from Israel. The CGCSA says retailers do not have to remove Israeli manufactured goods from their stores. 7 Aug 2014
MzansiStore pops up in Colosseum Luxury Hotel
The Colosseum Luxury Hotel and MzansiStore.com have launched a joint venture of a pop-up store inside the hotel displaying and selling local brands - handcrafted with integrity and soul - of fashion for men, women and kids; homeware and jewellery items. Creative designers, tourism representatives and the media attended the launch held late last month. 6 Aug 2014
Furniture group Steinhoff International (SHF) on Monday, 4 August 2014, announced that it had raised R18.2bn in equity capital‚ before expenses‚ the net proceeds of which will be used to further strengthen its balance sheet through its rights offer. 4 Aug 2014
Woolies' feud with Lew appears over
The tussle between Woolworths Holdings and Australian retail billionaire Solomon Lew appears to have finally ended, with Lew last week accepting Woolworths' offer for his long-held stake in Country Road, banking about R2.1bn in the process. 28 Jul 2014
Shoppers still flock to V&A
The second quarter trading figures reflect double-digit growth at Cape Town's V&A Waterfront, despite stormy economic times. 28 Jul 2014
Woolworths takeover bid for Country Road now unconditional
Woolworths (WHL) said on Friday, 25 July 2014, its takeover bid for the remaining shares of its Australian retail subsidiary‚ Country Road‚ has been made unconditional after it received the go-ahead from Australian authorities. 25 Jul 2014
Five tips on HR management for retailers
In a highly distributed business environment, consisting of headquarters, distribution centres and stores, retailers face a unique blend of challenges when it comes to personnel turnover and seasonal fluctuations. 25 Jul 2014
Woolworths to target growing market share
Woolworths (WHL) is in the big leagues of department stores. Bagging Australia's David Jones has made it one of the top 10 global department store operators in the southern hemisphere - 1‚151 stores across 16 countries. An expanse greater than that of northern hemisphere counterparts Macy's‚ Nordstrom or even Bloomingdale's. 22 Jul 2014
First legal step in R699 car scheme
The Port Elizabeth High Court agreed yesterday to hear a case on Tuesday that will be the first step in a massive class action on behalf of consumers left out of pocket by the alleged R699 car scam. 18 Jul 2014
Businesses have to adapt to survive constantly changing retail landscape
Businesses have to adapt to survive a constantly changing landscape. Certainly, in the mall marketing industry, budgets have shrunk but client's demands are higher than ever. 17 Jul 2014
SA May retail trade sales up 2.4% y/y vs April 2.1% y/y
Retail trade sales measured in constant (2012) prices increased by a much better than expected 2.4% year on year (y/y) in May after increasing a revised 2.1% (1.8%) y/y in April‚ Statistics SA figures showed yesterday. 17 Jul 2014
Independents are fuelling Africa
Independent petrol retailers are making impressive gains across Africa, presenting a challenge to franchise operators for oil giants that have monopolised the continent's markets for decades. 14 Jul 2014
Market likes Ellerine move
Means retailers may face competition hurdles; private equity funders could wade in. 14 Jul 2014
Kamers Chic Fusion - Razaan Jakoet
Kamers Chic Fusion - Razaan Jakoet
Emerging craft producers have earned R590,000 by trading at two prominent Cape Town venues - the Castle of Good Hope and the Red Shed at the V&A. 9 Jul 2014
Junk Mail tightens up pet adverts - calls on industry to join drive
Junk Mail Classifieds has designed a pet advertising policy that is being tabled to the broader online classifieds as a best practice. Key take outs of the advertising policy, which will be tabled in mid-July, include an outright ban on advertising of breeds associated with dog fighting; all giveaway dogs and puppies ('free to good home' pets); exotic reptiles such as venomous snakes, exotic mammals, primates, specified birds and arachnids. 3 Jul 2014
Consumer stress starting to show in the numbers
Last week's Reserve Bank Quarterly Bulletin presented a particularly bleak outlook for retailers over the next few quarters. 26 Jun 2014
Woolworths to acquire remaining shares in Country Road
Retailer Woolworths (WHL) on Tuesday, 24 June 2014, announced its intention to take over Country Road‚ a company listed on the Australian Securities Exchange. 24 Jun 2014
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