Massmart says it has not given up on Africa and will continue to invest in its business on the continent. CEO Guy Hayward said that despite the challenges faced by most African economies, there were signs the tide could yet change for the better. 28 Aug 2017
Woolworths' clothing division remains its biggest profit centre, despite flat sales and squeezed margins. The retail group reported on Thursday morning that overall revenue for the 52 weeks to June 25 grew 3.7% to R69bn. 25 Aug 2017
Adidas recently opened its ‘HomeCourt' performance store at Sandton City. Over the next two months, more boutique sportswear brands, collections and collaborations will be joining the mall. Plein Sport, the world's luxury active sportswear brand, will debut its first South African store at Sandton City. Also sought-after performance apparel names Under Armour, Puma and Kappa will all open at Sandton City. 25 Aug 2017
Shoprite's result for the financial year to 2 July contained good news for everyone except its competitors. For management and shareholders, the good news included a 12% rise in diluted headline earnings and a 11.5% increase in dividends. 23 Aug 2017
Expansion in the forecourt convenience retail industry continues, despite the general downturn of the retail industry as a whole. 22 Aug 2017
Image credit : Business Day
SA's largest clothing and footwear retailer Edcon swung into a trading profit in the first quarter of its new financial year despite a deterioration of the operating environment, says CEO Bernie Brookes. 22 Aug 2017
Truworths CEO Michael Mark. Image credit: Ruvan Boshoff via Business Live
Truworths' share price jumped almost 5% by the close of the JSE on Thursday despite the retailer reporting a contraction in earnings and little growth in full-year profit. 21 Aug 2017
Holdsport's share price has raced ahead in the past year, climbing 12%. This puts the company way ahead of the general retailers' index, which has declined by 18% in the same time frame. 15 Aug 2017
While there is no outright good news for retail, analysts say the last quarter of 2017 is unlikely to plunge the sector to new lows. 11 Aug 2017
Christo Wiese's determination to consolidate his retail holdings in one entity and the Public Investment Corporation's affection for the notion of an African retail champion are behind plans for Steinhoff Africa to acquire a controlling stake in Shoprite, analysts say. 11 Aug 2017
Pick n Pay's latest version of its mobile app for Android exceeded 10,000 downloads within the first 24 hours of its release. The retailer expects the newly released iPhone version to show comparable download volumes. 10 Aug 2017
Image credit: Russell Oberts via Business Live
The establishment of an R84m fund to educate previously disadvantaged individuals might help to secure sufficient shareholder support for Shoprite's plan to repurchase R1.7bn worth of shares from former CEO Whitey Basson. But analysts say minorities will be reluctant to back the proposal. 8 Aug 2017
Japanese fashion and beauty retail chain Miniso has launched in South Africa with an official opening at Menlyn Park Shopping Centre in Pretoria on Saturday, 5 August. The flagship store is the second Miniso outlet to open in the country with 50 more stores planned. 7 Aug 2017
Image credit: Freddy Mavunda via Business Day
Stuttafords has finally closed shop, after a last-ditch effort to rescue the stores in Eastgate and Sandton failed this week. 4 Aug 2017
Global retailer Ikea has opened applications to its first startup accelerator and is looking for companies that can help it solve “big problems” around being truly affordable, reaching and interacting with the many, and enabling a positive impact on the planet, people and society. 4 Aug 2017
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
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