Game has introduced a clothing range, called 'Stylessentials', to 22 stores across the country. According to the retailer, the launch comes as customers actively seek value alternatives for essential items like clothing during turbulent economic times. 13 Aug 2020
Pick n Pay chairman Gareth Ackerman has spoken out against the ban on sales of alcohol and tobacco, saying that it risks creating more cynicism and division than any other decision taken by the government during the Covid-19 pandemic. 5 Aug 2020
The Shoprite Group is exiting Nigeria after 15 years. The Cape Town-based company - the largest grocery retailer Africa - announced the decision in a trading update this week. 5 Aug 2020
Game emerged on the South African retail scene 50 years ago, when founders Alan Hellman and Jack Schaeffer opened the first store in Smith Street, Durban. The retailer and its playful pink branding have stood the test of time, with over 100 Game stores dotted across the country today and a footprint in 12 African countries. 31 Jul 2020
Inner Secrets Lingerie was established in 2005 by mother and son team Penny and Dimitri Parolis, who over the years have carved a retail presence in the local market by selling global heritage brands of lingerie, shapewear and swimwear. 27 Jul 2020
President Ramaphosa's surprise reinstatement of South Africa's booze ban on Sunday night has been met with mixed emotions and debate around the timing and lack of notice for affected industries. 16 Jul 2020
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 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
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 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
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 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
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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 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
Popular South African retailer Game celebrates 50 years of trade this year. 26 Jun 2020
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
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
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
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
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
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