News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Retailers News

Data shows 7 interesting shopping habits of South Africans during the lockdown
The worldwide pandemic has forced millions of people around the world to make dramatic changes to their lives. In South Africa, one of the major areas that have changed considerably is how people shop. But exactly how have our shopping behaviours changed? Data shows interesting trends and demographics that may predict the South African shopping landscape for the future. Let's explore this data to find out what South Africans are buying and how they are shopping during the lockdown. 15 Jul 2020
TFG agrees to buy selected Jet stores and related assets for R480m
©Vladyslav Starozhylov via 123RF
TFG has entered into an agreement to buy certain "commercially-viable stores and selected assets" of Jet from embattled Edcon for a cash purchase consideration of R480m. Edcon is currently in business rescue in terms of the Companies Act. 13 Jul 2020
Hardware retailer notes surge in sales of building supplies during lockdown
©seoterra via 123RF
The different levels of lockdown restrictions has, unsurprisingly, been accompanied by different responses and trends. Now, as various business sectors adjust to a new consumer climate, and restaurants work towards safely reopening, an unsurprising new consumer trend has emerged: home building, renovations and improvements. 9 Jul 2020
Steinhoff to sell stake in Conforama France to Mobilux
Steinhoff has agreed to dispose of its shares in home furnishings retail chain Conforama France to Mobilux Sàrl, the parent company of BUT, a French retailer of furniture, appliances and consumer electronics, for a "nominal sum". The disposal includes the sale of certain related trademarks and domain names. 9 Jul 2020
Owner of Legit offers to buy part of Edgars
Parts of South African retail chain Edgars may be sold to Edcon competitor Retailability Ltd, business rescue practitioners in charge of Edcon's restructuring said on Tuesday. 8 Jul 2020
Massmart may cut 1,800 jobs at Game stores
Massmart said in a shareholder statement on Tuesday that it has started a consultation process under Section 189 of the Labour Relations Act. This process may affect 1,800 employees at Game stores in South Africa. 7 Jul 2020
michaelvave via Pixabay
michaelvave via Pixabay
Lockdown Levels 4 and 5 had an adverse effect on the South African liquor industry, with producers, logistic companies and liquor stores having to play an intense game of catch-up in order to rebound from two months of inactivity. 29 Jun 2020
Mr Price reveals impact of SA lockdown and its plans to exit Nigeria
Mr Price Group has announced plans to shut Nigerian operations due to weak economic growth and other difficulties, and will focus on its local South African business in "a more concentrated way". 29 Jun 2020
The 50-year evolution of the Game brand
Popular South African retailer Game celebrates 50 years of trade this year. 26 Jun 2020
Edcon business rescuers ask for 157% increase
Fees charged by liquidators and business rescue practitioners, and the impact they can have on bottom line payouts to affected employees, came under the spotlight at Monday's meeting to consider a business rescue model for Edcon. 24 Jun 2020
Pick n Pay commits R500m to keep prices of essentials low
To relieve some of the pressure on cash-constrained households, Pick n Pay says it will invest R500m to reduce the prices of essential and staple food items. 23 Jun 2020
Edcon files to fire roughly 17,000 people, as other retailers struggle
While discussions and due diligences grind on over the sale of Edcon's crown jewels - Edgars and Jet, management and the business rescue practitioners (BRPs) had no choice but to proceed with the business rescue plan as conceived by joint BRPs Lance Schapiro and Piers Marsden and approved by Edcon creditors in early June. 18 Jun 2020
Photo by Gustavo Fring from .
Photo by Gustavo Fring from Pexels.
Stimulating economic recovery post the Covid-19 pandemic will be behaviour as opposed to time driven. Governments and brands will need to work hard to make consumers feel safe, physically, psychologically and financially, with trust the currency to make this happen. 15 Jun 2020
#LockdownLessons: Offer customers value for money, says The Crazy Store's Kevin Lennett
As part of our #LockdownLessons series, Bizcommunity is reaching out to South Africa's top industry players to share their experience of the current Covid-19 crisis, how their organisations are navigating these unusual times, where the challenges and opportunities lie, and their industry outlook for the near future. 29 May 2020
Apollo Brands revamps Under Armour retail offering during lockdown
Apollo Brands has rolled out a host of new innovative ways for South Africans to shop Under Armour's range of performance wear, including virtual store walk-throughs and a corporate service that involves bringing a mobile Under Armour store to your office. 26 May 2020
Mid-Sized Independent Retailers Group formed to save the 'missing middle'
More than 50 South African retailers have banded together to form the Mid-Sized Independent Retailers (MIR) Group. The task team has a limited mandate to deal with the survival of medium-sized non-essential retail tenants during the Covid-19 pandemic with the primary objective of avoiding the permanent closure of these businesses. 21 May 2020
Dis-Chem to acquire Baby City for R430m
Dis-Chem Pharmacies is set to acquire Baby City and its network of 33 stores from founder shareholders, the Aronoff family, for R430m. 15 May 2020
Winter clothing directives preceded by detailed consultations - NCRF
©Branislav Nenin via 123RF
A statement by Anthony Thunstrom, chair of the National Clothing Retail Federation (NCRF) and CEO of TFG. 14 May 2020
Shoprite Group to halt enforcement of exclusive lease contracts
The Shoprite Group will immediately cease the enforcement of exclusive lease agreements against other supermarkets in non-urban areas, and this will be phased out over five years in urban areas, the Competition Commission has announced. 13 May 2020
SA's clothing retailers welcome directives from Patel
Major clothing retailers have welcomed the additional directives issued yesterday by Minister of Trade, Industry and Competition Ebrahim Patel, on the type of clothing, footwear and bedding which may be sold during the Level 4 lockdown. 13 May 2020
Next
Let's do Biz