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Retailers News

Walmart may ditch Massmart - Analyst
The possibility that Walmart might sell its stake in Massmart has been mooted in a research report that suggests the local retailer may have until 2018 to turn around its performance or face the possible divestment of its anchor shareholder. 18 May 2016
Mr Price poaches manager of go-getting ad agency
In a blow to multi-award winning advertising agency Ireland/Davenport, it has lost its MD to Mr Price. 17 May 2016
Baby Friday at Checkers Hyper today
Today, Friday, 13 May, 2016, is Baby Friday at Checkers Hyper and there are one-day-only specials in which prices are cut by up to 50% on a wide range of baby products. 13 May 2016
Photo caption: (from left to right) Jeanette Fenske, Provisional Operations Executive; Vikesh Ramsunder, COO of Clicks; Ennie Majaja, Store Manager and David Kneale, CEO of the Clicks Group. Photo credit: Jaco Cilliers
Photo caption: (from left to right) Jeanette Fenske, Provisional Operations Executive; Vikesh Ramsunder, COO of Clicks; Ennie Majaja, Store Manager and David Kneale, CEO of the Clicks Group. Photo credit: Jaco Cilliers
Clicks is excited to announce the opening of its 500th store at the Mall of Africa - South Africa's largest single-phase shopping mall development to date. 3 May 2016
#AfricaMonth: Van Schaik Bookstore expands into Southern Africa
The expansion of Van Schaik Bookstore into neighbouring countries dates back to 2006 when it opened its first store in Windhoek at the University of Namibia. The second Namibian store was opened in 2012 at the Oshakati Campus. More recently, the bookstore opened a branch in Gaborone, Botswana at Fairgrounds Mall, followed by four shops in Swaziland - three at the local university and one at the Limkokwing University of Creative Technology, in July and October, respectively. This affords Van Schaik the opportunity to service students from the respective universities, tertiary learning institutions and schools in surrounding areas, as well as those studying through correspondence. 3 May 2016
Image credit:
Image credit: The Times
Retailer Pick n Pay will be making a foray into the Nigerian market through a joint venture with AG Levintis. 28 Apr 2016
Pedestrians walk past the entrance to a BHS store on Oxford Street in central London on 25 April 2016.
Pedestrians walk past the entrance to a BHS store on Oxford Street in central London on 25 April 2016. AFP / Niklad Halle'n
LONDON - BHS, the owner of department stores across Britain, has called in outside help to rescue the struggling firm from potential closure and the loss of around 11,000 jobs, administrators said on Monday. 26 Apr 2016
People walk past the logo of electrical goods retailer Darty shop in La Defense near Paris, France, last week. Image credit:
People walk past the logo of electrical goods retailer Darty shop in La Defense near Paris, France, last week. Image credit: Reuters
PARIS - French retailer Fnac raised its offer for Darty on Monday to about £900m ($1.3bn) in a final bid to win Europe's largest electronics retailer in a battle with SA's Steinhoff. 26 Apr 2016
Photographer: Freddy Mavunda
Image source:
Photographer: Freddy Mavunda Image source: BDlive
Furniture chain Lewis will oppose a request by the National Credit Regulator that the National Consumer Tribunal order it to refund customers of its "club fees" and maintenance plans. 19 Apr 2016
Suzanne Ackerman-Berman, Transformation Director at Pick n Pay Retailers.
Image credit:
Suzanne Ackerman-Berman, Transformation Director at Pick n Pay Retailers. Image credit: PicknPay.co.za
Pick n Pay has selected the top 50 small businesses in its inaugural Boost your Biz competition, from the more than 540 entrepreneurs from across SA who entered. 18 Apr 2016
Image credit: Reuters/Salim Henry
Source:
Image credit: Reuters/Salim Henry Source: BDlive
Industrial action at Shoprite's distribution centre in Centurion ended on Tuesday, but supporters of casual workers at the facility say they are mobilising communities to march on Thursday as outsourced workers were "coerced" to return to work. 14 Apr 2016
Image credit:
Image credit: The Times
Pick n Pay says it will be a customer of GWK Farm Foods, the newest subsidiary of one of SA's largest agro-processing groups, which launched on Thursday a R400m wheat flour mill and pasta and biscuit factory in Modderrivier, near Kimberley. 8 Apr 2016
Image credit: Bloomberg/Waldo Swiegers
Source:
Image credit: Bloomberg/Waldo Swiegers Source: BDlive
Shoprite faces a crisis in its Gauteng operations after workers at its Centurion distribution centre downed tools on Monday over issues of outsourcing and pay. 7 Apr 2016
Retail in Africa is still a good bet
© John Mcnamara – 123RF.com
The forecast for retailers in Africa remains buoyant in the long term, despite the headwinds in Africa such as falling commodity prices and the slowing of the Chinese economy. This is according to the inaugural PwC's report So Much In Store, which was released recently in Johannesburg. 17 Mar 2016
Daisy Masiangoako, marketing manager of Woolworths Foods: Long Life.
Daisy Masiangoako, marketing manager of Woolworths Foods: Long Life.
Here, Daisy Masiangoako, marketing manager of Woolworths Food: Long Life, explains 'the Woolworths difference' when it comes to branding... 17 Mar 2016
Choppies CEO Ramachandran Ottapathu.
Photographer: Calvin Anderson
Choppies CEO Ramachandran Ottapathu. Photographer: Calvin Anderson
Botswana-based retailer Choppies has missed targets to break even in SA this year due to the rapid deterioration in consumer spend in the country's mining areas, where most of its stores are located. 16 Mar 2016
Photographer: Martin Rhodes
Image source:
Photographer: Martin Rhodes Image source: BDlive
Venturing into Switzerland was a major coup for the Spar group, CEO Graham O'Connor said on Friday, adding that he had turned down deals in two other geographies, having chosen the developed market, which was "an exceptional fit". 14 Mar 2016
Spar acquires majority stake in Spar Switzerland
© photogearch – 123RF.com
Spar South Africa has acquired a 60% stake in Spar Switzerland for R690 million. 14 Mar 2016
A Cashbuild outlet in Rustenburg, North West. Photographer: Martin Rhodes Image source:
A Cashbuild outlet in Rustenburg, North West. Photographer: Martin Rhodes Image source: BDlive
Cashbuild, a major retailer of building materials in Southern Africa, reported a "strong set of results" for the six months ended-December, excluding a once-off empowerment cost of R63m. 2 Mar 2016
Kids Emporium to open UK store
South African retailer Kids Emporium is set to open in the upmarket Angels Gate shopping district in Guildford, Surrey, UK. The opening of the new store will be complemented by the launch of the Kids Emporium UK online store, for online shopping with the additional convenience of door-to-door deliveries. 1 Mar 2016
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