Aligning your team members to your desired culture is not about forcing them into a mould; it's about inspiring them to actively participate in the journey that delivers on your brand promise. The more aligned their purpose is to the company purpose, the greater the possibility for fulfilment and growth for all. 2 Oct 2017
SAN FRANCISCO, US - Ikea on Thursday announced a deal to acquire on-demand help startup TaskRabbit as the world's largest furniture retailer grabbed a seat in the online sharing economy. 29 Sep 2017
Shoprite Delft
The Shoprite Group opened 14 new stores across six provinces this week, creating more than 820 new job opportunities. 29 Sep 2017
Retail is a fast-paced, cut-throat industry; businesses that are not meeting their customers' needs as and when they require, can quickly find themselves sidelined, while more responsive and innovative competitors fill the gap. In South Africa, which is currently a low growth market, the above challenges are being felt acutely by retailers. 27 Sep 2017
Pick n Pay's newly launched Store Account allows its customers the option of purchasing groceries on credit. According to the retailer, there is no charge for opening a Store Account, and customers face no transaction charges, admin fees or joining fees. Monthly account fees are R10 for active users, but there will be no fee if the account has no balance and is not used in that month. 26 Sep 2017
Pick n Pay said on Monday it was unlikely to roll out the Bitcoin payment platform until there was a regulatory framework for managing risks associated with cryptocurrencies. 20 Sep 2017
Amic Trading, the licence holder for Toys 'R' Us Southern Africa, says it will be unaffected by the bankruptcy declaration by Toys 'R' Us in the US and Canada, and expects to open seven new stores in the next three months. 20 Sep 2017
NEW YORK, US - Retailer Toys 'R' Us has filed for Chapter 11 bankruptcy protection in a US court, the company said, amid heavy debt and a tough environment for brick-and-mortar stores. The chain which sells toys and baby products in the United States as well 38 other countries and jurisdictions joins other traditional retailers that are struggling to compete with the likes of Amazon. 19 Sep 2017
Image credit: Financial Mail
Steinhoff International said on Friday it had raised at least R15.4bn for its African retail assets, which it plans to list separately on the JSE on Wednesday. 18 Sep 2017
Retailers in South Africa operate in an extreme social environment. On one hand there's social unrest and on the other, customers are splurging R600,000 on a bottle of whiskey. This kind of market demands a plethora of responses from retailers in terms of how they service consumers that have such dramatically different realities. 12 Sep 2017
Amazon is not wasting time in its acquisition of Whole Foods. Speed of execution, after all, is at the essence of the tech giant's business model. 8 Sep 2017
Exclusive Books is celebrating the 20-year anniversary of its Fanatics loyalty programme, which now boasts 750,000 members. 7 Sep 2017
Steinhoff and Christo Wiese are to emerge as the outright controlling shareholders of Shoprite after Shoprite shareholders' backed the repurchase of 8.7-million shares from former CEO Whitey Basson. 7 Sep 2017
The National Consumer Tribunal has handed down judgement that finds Shoprite guilty of reckless lending. 6 Sep 2017
The team behind The Space has launched Now Showing, a regularly transforming shopping space offering fashion and lifestyle innovation as well as private wine tastings. 5 Sep 2017
Woolworths CEO Ian Moir.
The Woolworths top management will not receive Christmas bonuses as the retailer failed to achieve profit targets. 5 Sep 2017
Image credit: Freddy Mavunda via Business Day
Clothing and homeware retailer Mr Price says it is making headway in its attempt to regain market share lost by its clothing units, MRP Apparel and Milady's. 4 Sep 2017
Although there are untapped opportunities in the sub-Saharan African real estate markets, retailers face many challenges to setting up shops in some countries. 31 Aug 2017
Steinhoff CEO Markus Jooste
For the second time in less than two years, retail group Steinhoff's share price has been pummelled by allegations relating to its tax and accounting practices. 29 Aug 2017
TFG CEO Doug Murray says the company's diversification strategy has served it well in the past three years, enabling the group to perform better than its peers. 28 Aug 2017
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