The battle for market share is intensifying among SA's major retailers, with Pick n Pay the latest to fire a salvo through its price comparison promotion, Brand Match. 1 Sep 2014
G-Star Raw has opened its fifth South African store in East London and plans a sixth store in Durban. 1 Sep 2014
Massmart's Game continued to underperform, weighing on profitability, as sales of durable goods fell due to pressure on consumers. 29 Aug 2014
Retailer Massmart's (MSM) first-half headline earnings per share (HEPS) for the 26 weeks ended June was down 25.5% to 167.8c from 225.2c‚ the group announced on Thursday, 28 August 2014. 29 Aug 2014
Retailer Woolworths (WHL) on Thursday, 28 August 2014, reported that group sales for the 52 weeks to 29 June 2014 increased 14.4% and adjusted profit before tax rose 20.1%. 29 Aug 2014
Continental retail kingpin Shoprite's three top-performing countries outside SA are 80% stocked with non-South African products. 25 Aug 2014
Buying out its franchisees is a move that has paid off handsomely for Woolworths, which went on to build a roaring multibillion-rand food business. 22 Aug 2014
Fashion retailer Truworths International is looking for a new CEO to replace the incumbent of 23 years, Michael Mark, whose contract term ends in June next year. 22 Aug 2014
Swedish retailer H&M has confirmed it will open 4700 m2 flagship store, developed over several levels, at Cape Town's V&A Waterfront in 2015. The group has expanded substantially in recent years with 3300 stores spread across 54 markets, with a growth target to increase its number of stores by 10-15% per year. 22 Aug 2014
LONDON, UK: British supermarket chain Sainsbury's apologised on Monday, 18 August 2014, after staff at a central London store removed kosher food from shelves in response to protesters outside demanding a boycott of Israeli goods. 19 Aug 2014
Furniture retailer Lewis Group shares suffered a knock on Friday, 15 August 2014, after CEO Johan Enslin said trading for the four months to the end of last month was "extremely challenging". 18 Aug 2014
Woolworths has acquired the remaining 49% stake in its Zambian business, another step in its African expansion strategy. There are currently four stores in Zambia and there are plans to expand and open additional stores in Lusaka, Kitwe and Solwezi over the next two years. Growing African markets will drive future profitability and deliver on the group's strategy to be a leading southern hemisphere retailer. 15 Aug 2014
Following the completion of its Australian acquisition of David Jones and its buyout of the minority interests in Country Road, Woolworths has announced a number of senior management changes in these operations. 13 Aug 2014
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
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
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
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
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
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
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