LONDON - Supermarket chain Tesco, Britain's biggest retailer, announced Friday it has agreed to purchase food wholesaler Booker for £3.7 billion ($4.7 billion, 4.4 billion euros). 27 Jan 2017
The Lewis share price held up reasonably well on Wednesday despite the release of yet another grim trading update from a major retail group. 27 Jan 2017
Although local retailers used the Black Friday phenomenon and rigorous promotions as best they could, the result was somewhat disappointing. 24 Jan 2017
Picture: Supplied
A new food and product market will trade seven days a week in Regent Road in Sea Point, Cape Town. It will offer a hybrid mix of 40 designer retail stalls, a daily fresh goods market, a diverse weekly market, 15 food vendors, 3 bars and a live entertainment stage. 24 Jan 2017
Retailer TFG reported double-digit sales growth for the nine months to December, a feat that was widely applauded by the market, sending the share price soaring more than 6% in intraday trade. 17 Jan 2017
Budget clothing retailer Mr Price suffered a 0.5% decline in sales to R6.1bn over the Christmas quarter even before taking into account high product inflation of 10.8%. 17 Jan 2017
The company says its cautious strategy in the rest of Africa is proving to be the right approach. 16 Jan 2017
Shoppers leave a Woolworths store in Lenasia, south of Johannesburg. Picture: Reuters
The just-released trading update from Woolworths points to 2017 being another extremely tough year for a group that was, until as recently as the end of 2015, one of the darlings of the investment community. 13 Jan 2017
There are further signs of trouble in SA's struggling retail sector, with Woolworths releasing a poor trading update that analysts say can only be a bad omen for the rest of the retailers still to release their Christmas figures. 13 Jan 2017
Retailer says exclusion of Boxing Day from first-half figures is partly to blame for lacklustre sales growth. 13 Jan 2017
Months after taking a R2.2bn write-down on its disastrous Nigerian acquisition, Tiger Brands' remuneration committee raised the fees of the directors who had overseen the decision to invest in the value- destroying Dangote Flour Mills. 6 Jan 2017
It was a busy end to 2016 for Edcon as the retailer cleared what CEO Bernie Brookes called "the last hurdle" in a deal that will see the group come under its creditors' ownership. 6 Jan 2017
LONDON: British clothes retailer Next on Wednesday warned of a tougher trading year ahead as uncertainty caused by Brexit weakens the pound and pushes up the cost of raw materials. 5 Jan 2017
Electronics group Ellies managed to remain solvent despite delays in SA's migration from analogue to digital television and its divorce from Megatron, its interim results released on Thursday showed. 30 Dec 2016