Photographer: James Oatway
Image source: BDlive.co.za
South African retailers face a tough environment this year due to challenging domestic macroeconomics, but those with exposure to developed markets and higher earning customers are likely to fare better. 15 Jan 2016
A Cashbuild outlet in Rustenburg, North West.
Picture: Martin Rhodes
Building material retailer Cashbuild jumped 8.3% on Tuesday after saying its December quarter revenue had grown 15% from the matching period in 2014. Its revenue over six months was 14% higher than in the previous year. 13 Jan 2016
Shoprite Holdings (SHP) increased turnover by 8.8% from R57.5bn to about R62.5bn in the six months to December 2015, the company said in an operational update on Tuesday. 13 Jan 2016
Clicks Group and Sorbet Holdings have announced the formation of Sorbet Brands, which will hold all the trademarks related to the Sorbet Brand in southern Africa. 11 Jan 2016
LONDON - Marks & Spencer (M&S) CEO Marc Bolland will step down after failing to revive clothing sales in almost six years at the British retailing bellwether. 8 Jan 2016
LONDON - British retailer Marks and Spencer said Thursday that chief executive Marc Bolland would retire, as the group announced a slump in clothing sales during the key Christmas trading period. 7 Jan 2016
KIEV - All Coca-Cola wanted to do was to wish consumers a Happy New Year, but instead it ended up stirring anger in two markets, Russia and Ukraine, over the disputed territory of Crimea. 6 Jan 2016
Consumer brands giant Pioneer Foods believes new investment in its bakery division could unlock value in the 2016 financial year. 23 Dec 2015
Woolworths today announced the completion of the first phase of replacing sweets and chocolates with better snacking options at the checkout aisles of 104 stores, including a number of medium and small stores over and above new and large format stores, as per its statement released in August. These stores represent 50% of total Woolworths sweets and chocolate sales and include our Canal Walk, Constantia, Sandton, Tygervalley, Gateway, Hazeldean, and Eastgate stores, to name a few. 26 Nov 2015
The Black Friday sales promotion will return to Checkers this Friday, 27 November. Checkers was the first food retailer to bring Black Friday to South African shores in 2014, and this year has also teamed up with Uber to offer selected customers a free, seamless journey to and from their supermarkets on the day. 25 Nov 2015
Photographer: Freddy Mavunda
Image source: Financial Mail
It takes 20 years to build a reputation and five minutes to ruin it, Warren Buffett observed. It is a sobering fact that has hit Lewis Group with a vengeance. 23 Nov 2015
PARIS - Toys R Us said on Friday it will remove from its shelves toy guns and other kids' toys in France that could confuse police in light of the Paris attacks. 23 Nov 2015
Economic Development Minister Ebrahim Patel.
Image source: Sunday Times
DURBAN - The Walmart-Massmart deal remains a benchmark in how multinational corporations should be treated in the developing world, says Economic Development Minister Ebrahim Patel. 16 Nov 2015
The top 25 African retailers have a presence in 21 countries on a continent where strong economic progress over the past decade is reflected by the fact that 10 of these leading retailers now come from countries outside the traditionally dominant South African market, with three Zimbabwean retailers, two from Botswana, and one each from Kenya, Morocco, Tunisia, Nigeria and Zambia. 4 Nov 2015
The African continent is experiencing rapid retail expansion and is being compared to China in 1987. AT Kearney's 2015 Global Retail Development Index has listed sub-Saharan Africa as the 'big story' for 2040, similar to that of China 30 years ago, where today, retailers are expanding four to five times faster than retailers in the US and Europe. 2 Nov 2015
South African toy retailer Toys R Us has acquired exclusive retail rights to the Animal Planet toy range, which is inspired by Animal Planet, the wildlife-focused television channel, and replicates various creatures through 'life like' depictions. 26 Oct 2015
WASHINGTON, USA: Wal-Mart caused a stir when it raised the pay of 500,000 of its workers. But now the US retail giant seems to regret the move after its profit outlook plunged, reviving a minimum wage debate. 21 Oct 2015
Leading retailers, several of which are new to the Eastern Cape market, are flocking to Port Elizabeth in time for the festive season. At Baywest Mall alone, 26 new retailers will be opening before the year's end. 19 Oct 2015
Pick n Pay opened three socalled Next Generation stores in its first half, emblems of its turnaround progress and a blueprint for future stores, the retailer said this week. 15 Oct 2015
South African retailer Pick n Pay (PIK, PWK) on Tuesday said growing its business outside SA remained a strategic priority for the company "notwithstanding the challenging trading conditions facing some regions". 14 Oct 2015
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