South African shopping centres are truly world class, according to Amanda Stops, CEO of the South African Council of Shopping Centres (SACSC), who believes that the increase in international retailers entering the market is good for both the industry and consumers... 11 Jun 2015
NEW YORK, USA: Retail behemoth Wal-Mart Stores announced on Friday, 5 June 2015, that longtime chairman Rob Walton would be replaced by his son-in-law, Greg Penner, who will be the third person to hold the job. 9 Jun 2015
In conjunction with the state visit of the Dutch Prime Minister, Mark Rutte, along with a high-level Dutch trade delegation, to a Spar Hypermarket in New Delhi, Spar announced that it plans to open 25 Spar Hypermarkets by end of 2017. This should increase its current workforce of 2500 across the country to 3300 by the end of that year. 8 Jun 2015
David Jones will be the fifth Woolworths Holdings Limited (WHL) company to launch into New Zealand, joining successful brands Country Road, Witchery, Trenery and Mimco. WHL currently employs more than 500 staff in New Zealand and the new store will be its 36th in the country. 5 Jun 2015
The Mr Price Group (MPC) is set to open its first physical stores in Australia later this year selling Mr Price clothing and home products‚ and this time market commentators are more optimistic about a South African retailer succeeding Down Under. 4 Jun 2015
Newly listed "food and staples" retailer Choppies (CHP)‚ which is primarily based in Botswana‚ has wasted no time delivering on its promises to expand rapidly into new markets in Africa. 2 Jun 2015
Edcon Holdings has started talks with debt providers with a view to restructuring its crippling debt pile in the face of a slow growth in clothing sales. 1 Jun 2015
Local luxury leather brand Research Unit (RU) continue to rise on the wings of success as they confirm the conclusion of a partnership with two German investors to open a flagship store in Berlin in June. 1 Jun 2015
Despite the effect that ever-increasing load shedding and interrupted power supply has on local business and consumers, it is creating an entirely new market opportunity for local retailers. The demand for viable, cost-effective, reliable and environmentally friendly is providing retailers around the country with an additional revenue stream in their bid to satisfy customer demands. 21 May 2015
Game, Massmart's proverbial middle child, seems to be finding itself. Sales grew 8.1% in the year to December. Much of that was from its fresh food offering. 20 May 2015
The Cotton On Group continues to be one of the fastest growing fashion retailers globally, expanding its African footprint and opening its first store in Namibia on 29 May 2015 in Windhoek's The Grove Mall. 20 May 2015
Micro-jobbing start-up, Money for Jam (M4JAM) has announced a new partnership with national retailer, Shoprite Checkers, to make it even easier for jobbers to get hold of their extra cash wherever they are, in real time. The new cash out system has gone live following a rigorous development and testing phase. 11 May 2015
The JSE will get another African boost when Botswana grocery retailer Choppies Enterprises lists on the main board at the end of this month. 7 May 2015
Massmart (MSM) said on Friday, 24 April 2015, that total sales in the 13 weeks to March rose 9.5% from a year ago. 28 Apr 2015
Clicks Group has warned that load-shedding in the winter poses a risk to its sales in the second half of the year. 23 Apr 2015
Pick n Pay has delivered a 28% rise in full-year headline earnings per share to 177.26c‚ topping market forecasts. 21 Apr 2015
There are vast opportunities on the continent for progressive African entrepreneurs and small and medium enterprises (SMEs) as the region is still home to one of the fastest-growing middle-class in the world. This is despite the recent prediction by the World Bank that economic growth in Sub-Saharan Africa will slow in 2015. 17 Apr 2015
Engen has taken convenience a step further with the launch of a new premium brand, Butcher's Best Biltong Bar. It was piloted in November 2014 at the Engen Vineyard Convenience Centre in Newlands, Cape Town. Phase 2 of the rollout will see Engen taking the concept to four additional Engen service stations, which will be announced later. 15 Apr 2015
South African cell phone and device repair specialist, iFix, opened new stores in George and Nelspruit on 1 April 2015, bringing its premium service offering to the communities, as well as providing a wide range of trendy accessories for various devices. 13 Apr 2015
Retailer Pick n Pay (PWK‚ PIK) on Friday, 10 April 2015, said it expected to deliver a "strong financial performance" for the 2015 financial year. 10 Apr 2015
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