As part of its broader plan to tackle declining sales and profit, Edcon's core Edgars chain is undergoing changes to try to claw back market share. 1 Mar 2016
Steinhoff CEO Markus Jooste met questions late on Monday over the group's bid for Home Retail Group (HRG) with polite parry, saying only that the UK company's Argos chain was an attractive business for Steinhoff to add to its portfolio. 1 Mar 2016
Makro store in Midrand, Johannesburg.
Photographer: Antonio Muchave
Image source: BDlive
Retailer Massmart offered on Thursday a sober outlook for the sector, echoing those of rivals, indicating that prospects for a quick revival in consumer spending are growing remote. Conditions are expected to worsen as the economy slows and higher inflation, a weaker rand and rising interest rates bite. 26 Feb 2016
A new partnership between the Gauteng Department of Economic Development (GDED) and Pick n Pay comes alive as the first ever spaza-to-store conversion, Monageng Market, opens in Diepkloof, Soweto this week. 26 Feb 2016
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
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