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Retailers News

FreshStop Fort Gale in Mthatha selected as International Convenience Retailer of the Year finalist
A FreshStop store in Mthatha has made the list of finalists for the 2018 International Convenience Retailer of the Year Awards. Now in its 9th year, the International Convenience Retailer of the Year Award recognises excellence in convenience and forecourt retailing on an international stage by celebrating the best convenience retail formats from around the world. 1 Jun 2018
- MANGO-OMC
Retailers can now plan and improve customer service using a single business management platform
Consumers hold all the power in today's market and retailers need to make the most of every interaction if they want to maintain a competitive advantage. Modern retailers can now run their entire operation, from point of sale (POS), e-commerce and loyalty programmes through to inventory management, financial reporting and business intelligence, with a single, integrated business management solution. 30 May 2018
TFG CEO Doug Murray
TFG CEO Doug Murray
TFG has reported that group turnover rose 21.4% to R28.6bn in the year ended March, while headline earnings were up 9.6% at R2.5bn. 25 May 2018
Sainsbury's and Asda merger: it's all about market share
British retailers Sainsbury's and Asda have agreed to a £13 billion merger. They plan to keep their brands separate so retailers may not notice a difference. But, together, the two will be the biggest player in the grocery market and the move would mark a significant shift for the supermarket industry, which faces a number of challenges. 25 May 2018
#AfricaMonth: How Shoprite trailblazed trading in Africa
The Shoprite Group has trailblazed trading in Africa in many respects. Since kicking off its ambitious expansion into the continent in 1990, the South African grocery retailer now has its footprints firmly planted in over 460 locations across 14 African countries. 24 May 2018
Pick n Pay intensifies focus on fresh with new three-tiered offering
Pick n Pay has relaunched its fresh offering, introducing new product lines and packaging, and a three-tiered model promising something for all tastes and budgets. 22 May 2018
Push for H&M to support SA suppliers
Since launching in South Africa in October 2015, H&M has become a dominant force in the local clothing retail industry. The Swedish chain has proved to be fierce competition for its SA counterparts, expanding its footprint rapidly and occupying flagship status in some of the country's key malls. 15 May 2018
The innovative independent retail trade
The independent retail trade is a robust environment and one that has grown three times faster than the corporate channel. 3 May 2018
With its purchase of Whole Foods, is Amazon's goal to revolutionise food distribution?
On 20 March 2018, Amazon became the second most valuable company in the world, with a market capitalisation exceeding $768 billion. The US retailing giant made key investments in 2017, including an offer to buy the Whole Foods Market organic grocery chain at $42 per share, or a total of $13.7 billion. 24 Apr 2018
CNA and Edgars stores to sport new look
A rebrand is on the cards for CNA and Edgars stores as part of Edcon's turnaround strategy to win back shoppers, reported Business Day on Friday. 23 Apr 2018
Clicks Group to invest R700m in store network
Clicks Group CEO David Kneale announced that the retail chain will be investing over R700 million in new stores, pharmacies, store refurbishments, supply chain infrastructure and IT this year. The chain opened 24 stores in the past six months and expanded its store footprint to 646, with plans to grow its South African store base to 900 in the longer-term. 20 Apr 2018
Shoprite Group's discount week helps cash-strapped students stretch their budgets
Student Discount Week, available each month at Shoprite and Checkers stores, is assisting cash-strapped students to make their limited funds go a little further. 18 Apr 2018
Builders Warehouse African expansion gains momentum with third store in Mozambique
Builders Warehouse embarked on its African expansion in 2011 and is about to open its seventh store on the continent and the third store in Mozambique on 12 April 2018 in Marginal. 11 Apr 2018
Clicks opens 500th pharmacy
Retail chain Clicks is celebrating the opening its 500th pharmacy at Clicks Park Station in Johannesburg. "Our focus is on offering affordable healthcare and convenience, with the long-term goal to expand the chain to 900 stores in South Africa, with a pharmacy operating in every store," said David Kneale, Clicks Group CEO. 6 Apr 2018
Exclusive Books Ballito Junction
Exclusive Books Ballito Junction
Exclusive Books CEO Benjamin Trisk is parting ways with South Africa's largest bookseller due to "a breakdown in the relationship among shareholders". 6 Apr 2018
How China is rebooting retail
The story of shops closing and the decline of retail has become a familiar one across the Western world. Giants such as Walmart and Macy's in the US, and Marks and Spencer in the UK have been forced to close stores amid falling sales. Toys 'R' Us is shutting up shop altogether in the US.

6 Apr 2018
Shirley Maltz, group CEO, HomeChoice.
Shirley Maltz, group CEO, HomeChoice.
Retail and financial services provider, HomeChoice, is considering an equity raising to fund future growth. The business, which holds a market cap of R4.7 billion, is looking to accelerate its digital transformation, expand its product offering, enhance customer experience and grow its technology and logistics infrastructure. 28 Mar 2018
Pick n Pay partners with Absa to introduce Grocery Stokvel Account
Pick n Pay and Absa have partnered to launch a new Grocery Stokvel Account to cater for groups saving for groceries or other store-bought essentials. 23 Mar 2018
Classism in South Africa: What's happening in our shops?
© Buena Vista Pictures.
Arguably one of the most feel-good movie shop scenes has to be in Pretty Woman when Julia Roberts' character returns to the shop where she was previously refused service and utters those famous words "You refused to serve me yesterday. You work on commission, right? Big mistake. Big. Huge! I have to go shopping now!" Don't we all wish we could have a moment like this when we are unfairly judged? 20 Mar 2018
Toys R Us and Babies R Us SA to present revamp of its high-tech Canal Walk store
Independent South African toy and baby products retailer, Toys R Us and Babies R Us, has made way for further expansion and advancements in the country. 19 Mar 2018
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