Walmart's new cuts will affect employees in the international division, its technology services division and in its Sam's Club business (AFP Photo/Scott Olson)
NEW YORK - Wal-Mart Stores is eliminating hundreds of corporate jobs in a cost-cutting move, a person familiar with the matter said Tuesday. 12 Apr 2017
Africa is falling off the immediate radar of local retailers after the region posted its slowest growth rate in two decades in 2016, and with the outlook for 2017 looking as unpromising, most companies are changing their focus from expansion to improving customer experience. 12 Apr 2017
McDonald's South Africa serves over a million breakfasts every month, meaning that its recent National Breakfast Day promotion was less about actively marketing this offering and more about saying thank you to loyal supporters. 6 Apr 2017
A five-week strike by workers who produce baked goods for Pick n Pay appeared to end on Monday. The Johannesburg workers concluded reconciliation talks with management, resolving a strike that had been ongoing since 28 February. 5 Apr 2017
Image credit: Kevin Sutherland via Business Day
NEWSWATCH: Pick n Pay has announced steep cuts to it popular Smart Shopper rewards programme, essentially halving the value of the cash rewards in the pursuit of personalisation. 4 Apr 2017
Retailer Verimark says headline earnings per share (HEPS) for the year ended 28 February are expected to be between 176% and 238% higher than the previous year, which it attributes to a combination of sales price increases and the strengthening of the rand. 4 Apr 2017
Amazon has postponed the opening of its first cashierless convenience store as it works out technical kinks in the payments system. 3 Apr 2017
Swedish retailer H&M has continued on its winning streak in SA, dodging the malaise to which domestic retail players have succumbed. 3 Apr 2017
South Africans love a good bargain. And who can blame us? With the price of living on a relentless incline, we can't help being eager to save wherever we can. Open a wallet at random in this country, you're likely to discover at least one loyalty programme card. But, which of those loyalty cards offer the most return on investment? 28 Mar 2017
Woolworths is combining its Australian subsidiaries Country Road Group and David Jones into one group called WHL Australasia, it said on Friday morning. 27 Mar 2017
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
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