Nine West will walk out of SA and Mango will follow suit as the House of Busby alters its portfolio to match domestic needs, the group said. 23 Mar 2017
In 2015, I decided to do a short eight-week beginners course in jewellery-making at the Ruth Prowse Art School in Woodstock, Cape Town. I ended up with torn nails, bruised hands and an appreciation of the hard work done by creators behind this artform. 23 Mar 2017
Konzum, the largest Croatian food retailer, is a part of Agrokor Group.
ZAGREB, Croatia - Troubled Agrokor, the Balkans' main food maker and retailer, made it to the top of Croatia's political agenda Thursday when Prime Minister Andrej Plenkovic tried to calm fears over its crushing debt. 17 Mar 2017
Shirley Maltz, CEO of HomeChoice. Credit: Financial Mail
Home-shopping and digital retailer HomeChoice International declared a dividend of 87c per share on Tuesday in the release of its financial statements for the year to end-December. 15 Mar 2017
Image source: Financial Mail
Edcon CEO Bernie Brookes seems unfazed by the less-than-lukewarm response to the group's recently announced board. "It's fine; we'll prove ourselves over time," he says phlegmatically to reports that analysts have been unimpressed by the seven-person board. 1 Mar 2017
The food and drug retailers index rallied just under 9% last week following the release of better-than-expected results from grocery giant Shoprite. 28 Feb 2017
Massmart, majority owned by WalMart, announced its full-year results for the 52 weeks to December 2016, indicating good margin management and astute expense control, resulting in pleasing trading profit and headline earnings growth. 24 Feb 2017
Whitey Basson ended his run as Shoprite CEO on a high note, the grocery chain's interim results released on Tuesday morning showed. 22 Feb 2017
The share prices of Shoprite and Steinhoff both jumped 7% on Monday morning after they called off their proposal to merge into Retail Africa. 21 Feb 2017
Billionaire investor Warren Buffett has dumped 90% of his Walmart shares, worth $900m. 20 Feb 2017
Woolworths says it is beginning to see some "green shoots" in its Australian operations, with significant changes in store for David Jones and Country Road Group. 20 Feb 2017
Woolworths has turned its focus to sourcing goods from SA and the Southern African Development Community (SADC), a move that CEO Ian Moir says has been good for business. In the 26 weeks ended December 25, its clothing and general merchandise sales grew by 3.5% with inflation of 7.3%. Comparable sales in this segment grew by 1.2%. 17 Feb 2017
Martin Kruger
A newly announced business partnership between Panasonic and Mustek will enable Mustek to start distributing Panasonic products such as document scanners, Toughbook mobile computers and high definition visual communications (HDVC) video conferencing solutions. 16 Feb 2017
Moody's Investors Service has joined other rating agencies and withdrawn all of its ratings on Edcon. Earlier this month S&P Global also announced that it had withdrawn its ratings on Edcon, after downgrading the group's long-term corporate credit rating to default. 15 Feb 2017
Six weeks into the new year, the big question dominating chatter in the investment community is this: will SA's wealthiest man, Christo Wiese, be allowed to vote his shares in the mega Shoprite/Steinhoff deal? 13 Feb 2017
Edcon CEO Bernie Brookes. Image by Freddy Mavunda via Business Day
First order of business at next Tuesday's inaugural meeting of the just appointed Edcon board will be the extension of Bernie Brookes's contract, which expires in September. 13 Feb 2017
It has been a tough start to the year for Spar Group, which has seen its share price shed about 10% so far in 2017. The decline places the food retailer last in comparison to peers Shoprite, Woolworths and Pick n Pay. 9 Feb 2017
The newly appointed chairman of Edcon said the retailer was too important to fail and would be turned around. Gareth Penny, who took up the position on Wednesday, said he was "confident we can continue to make progress in recreating a world-class retailer". 9 Feb 2017
This article is part of a series of studies titled “Barriers to entry” and “The expansion of regional supermarket chains”. The article draws from studies that look at the spread of supermarkets in southern Africa and how the market power of large firms in different sectors can hold back economic development. 7 Feb 2017
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