A worker walks beneath a logo at Makro Store Riversands of South African retailer Massmart in Midrand, South Africa, August 28, 2019. Reuters/Siphiwe Sibeko/File Photo
South African retailer Massmart said on Friday it was planning further store closures and flagged a deeper full-year net loss of more than R1.7bn after curbs related to the Covid-19 pandemic hammered sales. 22 Feb 2021
Pick n Pay has entered the fitness market with the launch of its new fitness equipment range, which aims to make fitness equipment more accessible for customers opting to exercise at home. 18 Feb 2021
JOHANNESBURG (Reuters) - South Africa's Dis-Chem Pharmacies said on Wednesday group revenue rose 12.1% for a 22-week period to 2 February, boosted by consumer demand for preventative medicine. 17 Feb 2021
The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs. Under the terms of the merger, Blue Falcon will acquire certain portions and assets of the John Craig business, which is a division of Pepkor Speciality. 12 Feb 2021
Credit: Eastgate Basildon via Wikimedia Commons
British online retailer Asos has acquired Topshop along with the Topman, Miss Selfridge and HIIT brands from fashion retail group Arcadia, in a deal valued at £295m ($411m). 1 Feb 2021
A good surprise can make your day, but a great surprise can start your entire year off on the right foot. This is why Burger King® South Africa is stepping in to deliver their best surprise yet for burger fans everywhere - the new Mystery Burger. 1 Feb 2021
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South African entertainment retailer Musica will close its doors after 29 years of operation. 28 Jan 2021
Credit: Kolforn (Wikimedia)
Irish fast-fashion retailer Primark has no plans to sell its clothes online. This is despite the company warning that lockdown store closures could cost it losses of more than £1bn. The retailer has shut 305 of its 389 global stores - including 190 in the UK. Primark has just announced a 30% sales fall to £2bn in the 16 weeks leading to 2 January, adding that this loss could mean price rises. 25 Jan 2021
Traditionally, scenes from global Black Friday sales depict packed stores and long lines of shoppers fighting to secure the best deals. But in 2020, the annual shopping holiday looked a little different. 20 Jan 2021
Richard Brasher will retire as CEO of Pick n Pay after leading the retail business for eight years. Brasher's retirement is effective from 21 April 2021, and he will be succeeded on that date by Pieter Boone, former chief operating officer of German multinational company Metro AG. 14 Jan 2021
While 2020 proved to be a challenging year for many, award-winning businesswoman Margaret Hirsch had reason to celebrate, having obtained her MBA at the age of 70 years old. 8 Jan 2021
In an effort to assist the local wine industry in South Africa in recovery, Pick n Pay will show their support by buying approximately 25 million bottles of local wine to be sold across stores nationwide in 2021. 21 Dec 2020
"The world is not as it was, and neither is retail. A new approach was needed that challenged the status quo and offered a way for local brands to be seen and bring excitement back to shopping malls like never before." These were the words of retail entrepreneur Paul Simon, founder of YDE, when describing the thinking behind one of South Africa's most innovative new retail attractions, Egg. 11 Dec 2020
The magnitude of the pandemic has put a spotlight on some of the glaring disparities faced in our country, one of which is the accessibility to quality, affordable food. The long-running misconception that the township food economy is insignificant compared to the 'formal' economy, has hampered retail growth in townships in South Africa. 7 Dec 2020
Retail group TFG has launched Galaxy & Co as an online-only jewellery brand. The pure-play brand is aimed at youthful customers looking for quality, fashionable jewellery at accessible price points online. 4 Dec 2020
Checkers has opened the doors to its new state-of-the-art supermarket at Rosebank Mall in Johannesburg. 4 Dec 2020
The British fashion group Arcadia has fallen into administration, leaving 13,000 jobs at risk. Arcadia's market share slumped from around 4.5% in 2015, to 2.7% in 2020. The group's extensive portfolio of high street stores, which includes British high street staples like Dorothy Perkins, Burton and Miss Selfridge, has long felt outdated. 3 Dec 2020
Pharmacy, health and beauty retailer Clicks has opened its 750th store at the Cape Quarter in Green Point, Cape Town. 30 Nov 2020
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According to Proudly South African, consumers who loosen their purse strings during the upcoming holiday season and buy local instead of imported products could help improve South Africa's economic outlook by making a dent in the R1.1tn per annum presently spent on imports. At the same time, they would be contributing to developing a stronger job market and rebuilding South African businesses - a win-win for all. 25 Nov 2020
The new Builders store set to open at Cresta Shopping Centre in Johannesburg on 26 November will be the first branch located inside a super-regional mall. 25 Nov 2020
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