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Retailers News

First South African Lego Certified Store opens in Sandton
More than 3,000 people flocked to South Africa's first Lego Certified Store that opened in Sandton City recently. Operated by the Great Yellow Brick Co, the store stocks and displays a variety of Lego options, installations, exclusive and extended sets, and experiences not yet seen in South Africa. 6 Aug 2018
Lessons in life and business from Margaret Hirsch
Margaret Hirsch's rise to success has not been easy. From spending some of her childhood in foster care and working in a hairdressing salon at age 12, to being fired for being pregnant and starting her first business with just R900, her resilience has been instrumental to the empire she's built. 3 Aug 2018
5 ways bricks-and-mortar shops can survive the onslaught of e-commerce
Rarely a week goes by without news of a household high street name shutting up shop or closing stores. The rise of online shopping, or e-commerce, is widely blamed for the demise of traditional retail. Yet people are spending more money than ever - just not on the high street. 31 Jul 2018
Pick n Pay's plans: 15,000 new jobs and 100% recyclable shopping bags
Pick n Pay has its sights set on creating 15,000 new jobs over the next three years. According to Pick n Pay chairman Gareth Ackerman, the retailer hopes to bring young people into the world of work and expose them to the opportunities that retail provides to build a career. 30 Jul 2018
How high streets and shopping malls face a 'domino effect' from major store closures
Traditional retail is in the centre of a storm - and British department store chain House of Fraser is the latest to succumb to the tempest. The company plans to close 31 of its 59 shops - including its flagship store in Oxford Street, London - by the beginning of 2019. The closures come as part of a company voluntary arrangement, which is an insolvency deal designed to keep the chain running while it renegotiates terms with landlords. The deal will be voted on by creditors within the month. 9 Jul 2018
Edcon bids farewell to Boardmans and Red Square brands
Boardmans and Red Square cosmetics stores will soon be no longer as Edcon intensifies its focus on the Edgars brand in a bid to win back shoppers. 9 Jul 2018
Tesco-Carrefour alliance promises to cut costs through joint buying power
The announcement by Tesco and Carrefour that they will enter into a long-term, strategic alliance is the latest in a series of consolidation between the major grocery retailers in Western Europe. The Alliance will cover the strategic relationship with global suppliers, the joint purchasing of own brand products and goods not for resale. It will be governed by a three-year operational framework. 5 Jul 2018
Canal Walk honours its standout retailers
Canal Walk Shopping Centre honoured its top retailers at the Canal Walk Retail Excellence Awards, held recently at The Westin Cape Town Hotel. The annual event acknowledges tenants who have provided superior levels of retail performance and customer service. 29 Jun 2018
Cybercellar appoints AJ Nel as new CEO
Cybercellar, one of South Africa's leading online wine retailers, has appointed AJ Nel as its new CEO. Nel will be responsible for leading Cybercellar to the next chapter of its journey, as it grows its national footprint. Since joining the retailer, Nel has already made several key changes to the business model, including updating and improving the online wine retailer's user journey. 27 Jun 2018
Premium toy experience comes to SA with first Lego Certified Store
The Great Yellow Brick Co is opening South Africa's first Lego Certified Store in Sandton City on 28 July 2018, following a multi-million-rand investment and exclusive deal with The Lego Group. 26 Jun 2018
Yuppiechef extends physical offering with second store opening
South African kitchen and homeware store Yuppiechef is set to open its second physical store on 1 July 2018 in Gardens Shopping Centre in the Cape Town CBD. The new store launches just nine months after the first brick-and-mortar Yuppiechef store opened in Willowbridge, Tyger Valley, Cape Town. 20 Jun 2018
Will Amazon do to the grocery industry what it did to e-commerce?
Amazon has been busy lately. After entering the grocery delivery market with Amazon Fresh and buying Whole Foods, it is now in the process of launching its own supermarket, Amazon Go. 14 Jun 2018
Fed up with always being in the slow queue? That's why queues are being 'designed out'
©TEA via 123RF
This is the second article in our new series, Moving the Masses, about managing the flow of crowds of individuals, be they drivers or pedestrians, shoppers or commuters, birds or ants. 8 Jun 2018
Exclusive Books appoints Grattan Kirk as new CEO
South Africa's largest bookseller, Exclusive Books, has announced the appointment of Grattan Kirk as the CEO of the Group, with effect from 1 August 2018. 4 Jun 2018
Selfridges becomes most awarded department store in IGDS history
UK's high-end department store Selfridges has been recognised as the Best Department Store in the World for an unprecedented fourth time, and will retain the honour until 2020. The win was announced by the Intercontinental Group of Department Stores (IGDS) last week at the Global Department Store Summit held in London. 1 Jun 2018
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
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