News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Retailers News Africa

Zara's latest store concept is coming to Cape Town
Fashion retailer Zara is currently refurbishing and enlarging its flagship store at Victoria Wharf Shopping Centre in Cape Town in order to make it the brand's newest concept store in South Africa, offering a fully integrated experience with zara.com. 15 Jun 2021
TFG plans tech hiring spree after sliding to a loss
South Africa's largest fashion and lifestyle retailer TFG wants to build up its newly launched tech hub to more than 100 new staff, its chief executive said on Thursday, after the company swung to an annual operating loss. Many firms have been expanding digital and e-commerce services as the coronavirus crisis drives more business online. 11 Jun 2021
Century-old CNA enters business rescue
CNA, South Africa's 125-year-old books and stationery retailer, has been placed into business rescue, its management team confirmed on Monday. 9 Jun 2021
Shoppers are pictured at a David Jones department store in Sydney, June 20, 2014. Reuters/Jason Reed/File Photo
Shoppers are pictured at a David Jones department store in Sydney, June 20, 2014. Reuters/Jason Reed/File Photo
Australia's David Jones Food is exiting its pilot convenience partnership with BP as its South African owner Woolworths Holdings seeks to reverse a "fairly flawed" strategy that led to losses in the Australian market. 4 Jun 2021
A man wearing a protective face mask walks outside a Shoprite store in Abuja, 3 Nigeria August 2020. Reuters/Afolabi Sotunde
A man wearing a protective face mask walks outside a Shoprite store in Abuja, 3 Nigeria August 2020. Reuters/Afolabi Sotunde
Shoprite Holdings, Africa's largest grocery retailer, confirmed on Wednesday that it has sold its Nigerian business to Ketron Investment, a wholly-owned subsidiary of property group Persianas. 2 Jun 2021
Decathlon to open multi-storey Sports Hub concept in SA
International company Decathlon, the largest sporting goods retailer in the world, is planning to open a "first of its kind" Sports Hub in Bryanston, Johannesburg this coming July. The Hub will encompass two storeys of retail space, a third storey with a wellness, strength and conditioning gym, and 160 undercover parking bays. 31 May 2021
Woolworths opens new concept standalone liquor store
Woolworths has opened WCellar, a new concept standalone liquor store, adjoining the Food Market of their Nicolway store in Bryanston, Johannesburg. 27 May 2021
Massmart 19-week sales rise 8% on eased restrictions
South African retailer Massmart said on Thursday its sales during the 19 weeks ended 9 May rose by 8% due to the easing of coronavirus-related trading restrictions. 20 May 2021
TFG posts higher Q4 sales on Jet acquisition boost
South African fashion retailer TFG reported turnover growth of 21% in the fourth quarter ended March, aided by the contribution of recently acquired budget clothing retailer Jet, it said on Friday. 14 May 2021
Covid-19 is giving us a new appreciation for physical shops
The outlook for high street stores seems gloomy. Social distancing measures and lockdowns have driven people to shop online, leading to shop closures and a boom for online retailers such as Amazon. 14 May 2021
Steinhoff chief executive officer Louis du Preez addresses a presentation to investors in Cape Town, South Africa, 13 August 2019. Reuters/Mike Hutchings/File Photo
Steinhoff chief executive officer Louis du Preez addresses a presentation to investors in Cape Town, South Africa, 13 August 2019. Reuters/Mike Hutchings/File Photo
The Tekkie Town founders have turned to the courts - again - in their battle against Steinhoff, this time applying for its liquidation. It is just the latest in a long-running and complex saga where the winners are lawyers and accountants. 14 May 2021
Babies R Us introduces wellness centre with on-site nursing sister
Babies R Us South Africa has expanded its baby product retail offering with a dedicated family-orientated wellness and care department. 13 May 2021
8 post-Covid grocery retail survival strategies
Online shopping saw exponential growth rates in 2020, owing to the Covid-19 pandemic and the associated lockdown regulations. 13 May 2021
Image credit: Clicks
Image credit: Clicks
Clicks Group will acquire Pick n Pay's retail pharmacy business, including 25 in-store pharmacies which will be rebranded to Clicks. 10 May 2021
Spar workers end strike after agreement reached
A six-week strike by more than 130 workers of Spar distribution centre in Gqeberha has ended after they reached an agreement with management last week. 5 May 2021
Italtile CEO Jan Potgieter to retire, Lance Foxcroft named successor
JSE-listed tile and bathroomware manufacturing and retail group Italtile has announced that its chief executive officer, Jan Potgieter, will be retiring on 31 December 2021 and emigrating to Europe. He will however remain on the Italtile board as a non-executive director. 4 May 2021
Steinhoff could consider raising equity - CEO
South African conglomerate Steinhoff International Holdings N.V. could consider an equity issue, its CEO said on Friday, as the retailer looks to reduce its debt and financing costs. 3 May 2021
Pepkor H1 profit seen up 20% as cash-strapped shoppers seek value
South African retailer Pepkor Holdings said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs. 29 Apr 2021
Faithful to Nature eyes omnichannel growth with flagship store opening
Health and wellness e-tailer Faithful to Nature opened the doors to its first flagship store this month. Located at the V&A Waterfront in Cape Town, the new store offers visitors the opportunity to shop the green retailer's broad range of eco-friendly and ethical products across food, health, home, body, beauty and more. 21 Apr 2021
Mitch Slape, Massmart CEO
Mitch Slape, Massmart CEO
While the financial impacts of the Covid-19 pandemic have left many retailers trading in an uncertain environment, Massmart CEO Mitch Slape said the retail group has recognised that while a large segment of consumers remains in financial distress, others are more flush with cash as monthly expenses have reduced. 19 Apr 2021
Next
Let's do Biz