Shoprite CEO Whitey Basson.
Photographer: Trevor Samson
Image source: BDlive
Whitey Basson, CEO of Africa's largest grocer, Shoprite, on Tuesday took aim at the government for what he said was its neglect of the basics, such as job creation, crime and education... 24 Feb 2016
LONDON - British supermarket operator Sainsbury has been given more time to make a firm bid for Argos-owner Home Retail, after a possible higher rival offer from SA's Steinhoff International emerged on Friday. 23 Feb 2016
The local furniture retail unit of Steinhoff International plans to cut 4,110 jobs when it closes stores, as part of structural changes to revamp the ailing retailer, the South African Commercial, Catering and Allied Workers Union (Saccawu) said on Monday. 22 Feb 2016
Edcon CE Bernie Brookes.
Photographer: Martin Rhodes
Image source: BDlive
Edcon, the retailer that owns brands such as Edgars, CNA and Jet, will cut jobs at its head office as part of its turnaround strategy. 9 Feb 2016
LONDON - British tycoon Stelios Haji-Ioannou, founder of no-frills airline easyJet, on Tuesday opened a pilot budget supermarket in London in an attempt to crack the country's booming discount grocery sector. 3 Feb 2016
LONDON - British supermarket group Sainsbury's has tabled an offer to buy Home Retail Group, owner of catalogue chain Argos, for £1.3 billion, it said Tuesday. 3 Feb 2016
While their grocery counterparts are likely to experience sluggish trading this year, SA's clothing groups will be only slightly better off, as the macroeconomic drivers of retail spending remain poor and competition becomes fiercer. 1 Feb 2016
Thousands of workers retrenched by the Edcon group in 2013 and 2014 have had their hopes of reinstatement dashed by the Constitutional Court. 25 Jan 2016
NEW DELHI - Apple said Wednesday it has asked the Indian government for permission to open its first stores in the country, paving the way for its feted brands to join the fast-growing smartphone market. 21 Jan 2016
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
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