In an earnings update on Friday Pick n Pay warned that market conditions were likely to remain difficult in the second half. This echoed sentiment from other South African retailers who have continued to feel the pain as consumers face sustained pressure from rising costs, higher interest rates, increases in taxes and escalating prices due to a weakening rand. 5 Oct 2015
Botswana-based discount retailer Choppies has no intention of applying the brakes to the rapid roll-out of its stores, even though economic growth in the countries it targets is slowing and consumer purchasing power is declining. 5 Oct 2015
Woolworths Holdings has announced the appointment of John Dixon as CEO of David Jones. He replaces Iain Nairn, who resigned for personal reasons. Nairn, who has led the business for the last 14 months, has agreed to stay on for a period of three months to work with the business in an advisory capacity to ensure a seamless handover. 1 Oct 2015
Mike Vermaak
A host of leading local and international brands debuted at Melrose Arch this month - and the centre has confirmed that this is the first wave of a retail transformation that will feature a selection of hand-picked brands joining Melrose Arch's favourites. 30 Sep 2015
Delays in opening new outlets in Zambia and Tanzania this year will not hold back Botswana's largest grocer Choppies from achieving its 2016 growth target of operating 200 stores across sub-Saharan Africa... 24 Sep 2015
According to the 2015 RepTrak Pulse reputation survey, conducted by Reputation House, Woolworths' again ranks first at a score of 71.2, despite a slight decline compared to its performance in the 2014 survey... 23 Sep 2015
Fashion retailer Truworths on Monday said it was in talks to buy the UK's Office Retail Group, making it the latest South African retailer to pursue offshore expansion... 15 Sep 2015
CAPE TOWN: The general retail outlook for South Africa is anticipated to be challenging and this could make a price war likely among the biggest local players, Jaco Prinsloo, a principal with global management consulting firm AT Kearney told Fin24 on Thursday, 10 September. 11 Sep 2015
The board of Woolworths Holdings has announced that Gail Kelly has been appointed a non-executive director of the company, with effect from 1 October 2015... 10 Sep 2015
AT Kearney's 2015 African Retail Development Index (ARDI) reconfirms the potential of many nations throughout Africa - not just oft-discussed markets like Nigeria and Ghana, but also small, dynamic markets such as Gabon, the ARDI's top-ranked market and home to sub-Saharan Africa's highest GDP per capita, and mid-sized but fast-growing countries like third-ranked Angola... 8 Sep 2015
Despite mediocre earnings growth, valuations of local retail counters remain high as foreign buyers snap up shares in their pursuit of attractive yields... 7 Sep 2015
LONDON - Troubled British retailer Tesco agreed Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for more than £4.0 billion (5.5 billion euros, $6 billion)... 7 Sep 2015
32 Clothing, an off-price retailer modelled on the TJMax and TKMax concepts overseas, has launched to give shoppers on a budget a new home. It is the first off-price retailer of its kind in South Africa, offering up to 80% off exclusive, quality brands such as H&M, Diesel, ZARA, Tom Tailor, Adidas, New Balance and &OtherStories. 4 Sep 2015
Woolworths on Wednesday announced the appointment of Zyda Rylands as its new CEO... 3 Sep 2015
Furniture, home and lifestyle brand Habitat is to open its first pop-up store at the V&A Waterfront, Cape Town on 20 October 2015. The new pop-up shop will offer a limited selection of Habitat's decorative home accessories, furniture, tabletop and gifting. 2 Sep 2015
Australia's Cotton On Group will open up to 40 stores across SA before Christmas, chief financial officer Michael Hardwick said yesterday, 31 August 2015. 1 Sep 2015
SYDNEY, AUSTRALIA: Australian supermarket giant Woolworths on Friday posted a 12.5 percent slide in full-year net profit and announced its chairman was stepping down, just months after the group's chief executive quit. 1 Sep 2015
Two of SA's largest retailers yesterday offered a measure of consumers' financial health and the economy when they posted mixed-sales growth, indicating a squeeze on household spending, writes Zeenat Moorad... 1 Sep 2015
Growing up as a tailor's daughter in the midst of apartheid, Zyda Rylands, now the MD of Woolworths Food, is proof of the pudding that workforce diversity is what drives the competitive advantage of one of the leading retailers in South Africa... 31 Aug 2015
Woolworths has just announced its decision to remove all sweets and chocolates from its checkout aisles... 28 Aug 2015
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