The winners of the annual V&A Waterfront Customer Excellence Awards have been announced, with Charles Greig and Sol Art Pewter topping the lists of Retail and Watershed respectively. 4 Aug 2017
Italtile and its shareholders will know by 30 September whether a planned acquisition of Ceramic, for a consideration of R3.61bn, will get the go-ahead from competition authorities. 3 Aug 2017
Retailer TFG said on Tuesday it had raised R2.5bn through an accelerated bookbuild process. The funds raised will go towards the recent acquisition of Australia-based Retail Apparel Group (RAG). 2 Aug 2017
Image credit: Kevin Sutherland via Business Day
Pick n Pay's share price fell 3.4% to R59.26 on Monday morning after it warned shareholders retrenchment costs would drag down its interim headline earnings per share (HEPS) down by more than 20%. 31 Jul 2017
Image credit: Alon Skuy via Times Live
People are deserting retail stores' butchery aisles, cutting out the middleman and turning to buying meat in bulk. Seemingly, it is proving to be a great saving. 26 Jul 2017
Pick n Pay has launched a dedicated online distribution centre in Gauteng, which is expected to significantly improve service to online shoppers in the province. Deputy CEO Richard van Rensburg also states that it significantly increases Pick n Pay's online distribution capacity, enabling the retailer to handle the rapid growth it's currently experiencing in online sales. 24 Jul 2017
Sean and Carlos Gomes
In 2007 brothers Sean and Carlos Gomes established health and wellness retailer Wellness Warehouse in South Africa. The retail chain, which celebrates its 10th birthday this month, has since grown to include 25 outlets across Gauteng and the Western Cape as well as an online store. 21 Jul 2017
Botswana-based Choppies may be a well-established grocery retail chain in many parts of sub-Saharan Africa, but the company has found the going tough in SA. 21 Jul 2017
Pick n Pay CEO Richard Brasher. Image credit: Business Day
Pick n Pay's remuneration committee may have set the scene for a tougher approach to executive rewards in the besieged retail sector with its decision not to pay a short-term bonus for the year to end-February 2017. 20 Jul 2017
While the general retailers' index has sunk 27% from its April 2015 peak, two shares in the sector appear to be proving the so-called "lipstick theory". 20 Jul 2017
The retail sector is one of the toughest to operate in, especially for a small business, as South Africans' discretionary spend narrows and consumers feel the pinch financially. Retailers that fail to adapt to the evolving needs of the market will struggle to stay afloat in the new retail environment. 19 Jul 2017
The Shoprite share price slumped almost 2% after the company released a trading update that pointed to a disappointing performance in the six months to 2 July 2017. 19 Jul 2017
Prospects for the retail sector remain weak and are unlikely to improve in 2017, as confirmed by Massmart's interim sales update released on Monday. 18 Jul 2017
Investors are lowering their expectations for Woolworths as the outlook for the local retail sector deteriorates. 18 Jul 2017
In an industry battling to hold onto customers as the economy stalls, club fees have been something of a consolation prize for the country's retailers. Take Edcon, for example. It says the cash it pocketed from club fees offset an overall decline in total revenue, to R29.3bn, for the year to the end of March 2016. 17 Jul 2017
On CNN Marketplace Africa aired late last week, journalist Eleni Giokos explored how Massmart Holdings' growth has been much slower than anticipated... 13 Jul 2017
TFG, the retailer that owns Foschini, @Home and Totalsports is in talks to acquire British womenswear brand Hobbs, a UK press report says. Hobbs, a high-end fashion retailer, was put up for sale by its private-equity owner 3i in January for 80m, according to The Times of London. 7 Jul 2017
Image credit: Sunday Times
Clothing retailer The Foschini Group (TFG) is the latest of a number of retailers to come under the spotlight of the National Credit Regulator (NCR) for allegedly charging a club fee on its credit agreements with the group having been referred to the National Consumer Tribunal. 6 Jul 2017
Long4Life, an investment firm founded by businessman Brian Joffe, has made a nonbinding offer for Holdsport in a surprise move into the sports market. 4 Jul 2017
Small and medium-sized enterprises (SMEs) in the restaurant and retail sector should be funded despite the recession as these businesses will be engines for growth. 4 Jul 2017
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