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Retailers News

Xtra Savings rewards programme now 17 million members strong
Despite launching years after Pick n Pay Smart Shopper and Woolworths' WRewards, the Shoprite Group's Xtra Savings Rewards Programme is now South Africa's largest supermarket rewards programme. It now boasts 17 million rewards members across the Shoprite and Checkers brands in South Africa. 17 Mar 2021
Thrifting takes its place in SA mega mall
Second-hand fashion store Thrift By Flav has opened in the Mall of Africa in Waterfall, becoming the first thrift store to open in a super-regional mall in South Africa. 10 Mar 2021
A message from Raymond Ackerman on his 90th birthday
Respected South African businessman Raymond Ackerman will celebrate his 90th birthday on 10 March. 9 Mar 2021
Credit: Massmart
Credit: Massmart
Massmart, the owner of Game, Makro and Builders, plans to sell the Cambridge Food, Rhino and Massfresh chains in a bid to "reduce exposure to non-core assets". 8 Mar 2021
Revamped Checkers Hyper Brackenfell features a food truck and pet shop
The newly-revamped Checkers Hyper flagship in Brackenfell now boasts a food truck, party shop and pet shop - unique services introduced to the retailer's Western Cape store network for the first time. 26 Feb 2021
Woolworths expands casual wear offering after return to profit growth
South African retailer Woolworths said on Thursday it was expanding its casual and sports leisurewear ranges to reduce reliance on formal wear, after reporting a rise in half-year profit for the first time since 2015. 26 Feb 2021
Woolworths posts first jump in half-year profit since 2015
South African retailer Woolworths Holdings Ltd reported a 58.3% jump in first-half profit on Thursday, its first in five years, as sales recovered from the lows at the start of the Covid-19 pandemic. 25 Feb 2021
Credit: Massmart
Credit: Massmart
A merger between Devland Cash and Carry and Massmart-controlled Masscash will save at least 640 jobs, said the Competition Tribunal following the approval of the transaction. 23 Feb 2021
Truworths to launch value clothing chain Primark
South African retailer Truworths is launching a new value fashion chain called Primark - no relation to the international retailer of the same name. Truworths plans to open approximately 15 Primark stores over the next few months, with an average store size of 100m² during the launch trial phase. These will be a mix of standalone stores and others located in existing Truworths-owned stores. 23 Feb 2021
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
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 enters fitness market with new LiveFit fitness equipment range
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
South Africa's Dis-Chem sales rise on preventative healthcare demand
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
Acquisition of Pepkor's John Craig saves 400 jobs
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
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
- Burger King
Breaking news: Burger King's latest surprise starts 2021 off right
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
Credit: V&A Waterfront
Credit: V&A Waterfront
South African entertainment retailer Musica will close its doors after 29 years of operation. 28 Jan 2021
Credit: Kolforn (Wikimedia)
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
- Bluegrass Digital
Did Black Friday 2020 give us a glimpse into the future of retail?
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
Pieter Boone to succeed Richard Brasher as Pick n Pay CEO
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
Margaret Hirsch bags MBA at 70
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
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