The Competition Tribunal has dismissed Massmart's complaint that Shoprite Checkers, Pick n Pay and Spar were taking part in anticompetitive behaviour through exclusive leases with shopping-mall landlords. 14 Feb 2018
Italtile saw trading profit leap as turnover soared in the six months to December 2017, despite consumer sentiment in SA being "by and large down". 8 Feb 2018
Director and chairman of Steinhoff's audit committee, former ABSA CEO, Steve Booysen on Wednesday recounted the dramatic discovery on 5 December of the alleged accounting irregularities which have rocked the group and led to the resignation of former CEO Markus Jooste. 1 Feb 2018
Image credit: Financial Mail/Jeremy Glyn
The global retail group Steinhoff is reeling under allegations of accounting fraud. Since the allegations surfaced last year the CEO of the multi-billion dollar business, Markus Jooste, has fallen on his sword and the company's stock has been hammered, at one point losing about 90% in market value in a few days. 31 Jan 2018
NEWSWATCH: Swedish clothing retailer H&M has recalled a line of children's socks after complaints from shoppers that a pattern on them appeared to resemble the word Allah written in Arabic. 30 Jan 2018
Woolworths CEO Ian Moir. Image credit: Financial Mail
Analysts are divided on whether Woolworths CEO Ian Moir should fall on his sword after the retailer was forced to impair the value of its Australian department store chain, David Jones, by nearly R7bn. 29 Jan 2018
Two of the directors of Steinhoff - Sanlam chairman Johan van Zyl and accounting expert Len Konar - say former CEO Markus Jooste "misled" the furniture retailer's board. 29 Jan 2018
Woolworths said on Wednesday it had impaired the value of Australian department store chain David Jones by nearly R7bn, or about a 10th of the South African retailer's total market capitalisation. 25 Jan 2018
PARIS, France - France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. 25 Jan 2018
Poundland, the UK discount store chain Steinhoff International acquired for 610m in July 2016, wants to divorce itself from its scandal-ridden parent via a management buyout, UK newspaper The Telegraph reported. 24 Jan 2018
The Clicks group delivered impressive growth in the 20 weeks to January, lifted by strong promotional offerings as it continues to show resilience in the tough economic climate. 23 Jan 2018
2018 started off with a social media outcry from netizens and consumers around the world who were offended by a blatantly racist advert produced by Swedish clothing giant H&M, which also has a retail presence in South Africa. Within days the global outcry against the advert flighted on the company's UK website quickly escalated into public demonstrations of outrage in South Africa, resulting in trashing of local stores and suspension of trade. 23 Jan 2018
SAN FRANCISCO, US - Online giant Amazon on Monday plans to open a convenience store in Seattle where hungry customers will be able to grab sandwiches and go, without having to wait in line or use a checkout. 22 Jan 2018
Image credit: Dean Hutton via Bloomberg
Massmart recorded muted growth for the year to December as it battled a weaker economy and stronger rand. 19 Jan 2018
Image credit: Freddy Mavunda
Mr Price outperformed other retailers in the three months to December, recording 8.3% growth in sales. 19 Jan 2018
With the continued growth and awareness of the convenience retail sector and the strengthening of its position as part of the traditional retail industry, organisations such as the National Association of Convenience Stores (NACS) are employing the expertise of convenience and fuel retailing industry professionals from around the world to discuss and debate international best practice on key trends and developments and rate best in class international retailers. 19 Jan 2018
TFG CEO Doug Murray
Retail group TFG - whose brands include Foschini, Markham and @home - enjoyed Christmas sales in 2017 that were 31% higher than the previous year's. 18 Jan 2018
Shoprite's non-South African supermarket division recorded negative growth for the six months to December, owing to the effect of lower commodity prices on and the depreciation of currencies of the countries in which the group operates. 18 Jan 2018
Image credit: Martin Rhodes
Former Shoprite Holdings CEO Whitey Basson says he vouches for the honesty of his friend and fellow Shoprite shareholder of many years, former Steinhoff chairman Christo Wiese, and will assist the collapsed furniture, apparel and home products retailer if he can. 17 Jan 2018
Woolworths share price fell as much as 9% to R57.64 on Monday morning after said its interim headline earnings per share (HEPS) were expected to fall as much as 17.5%. 16 Jan 2018
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