As a key part of its turnaround strategy to retain relevance in the African retail landscape, Massmart retailer Game has refreshed all of its 115 stores across the country to provide consumers with a more appealing and intuitive store experience. 8 Jul 2022
Philip Morris South Africa (PMSA) has opened the doors to its new flagship boutique Iqos store in Canal Walk, Cape Town, five years after the smoke-free brand was introduced to the local market. 6 Jul 2022
Source: Supplied
Massmart retailer Game has completed the revamp of all its 115 across the country. The store refresh is part of Game's turnaround strategy and aims to provide consumers with a more appealing and intuitive store experience. 4 Jul 2022
Retail group Massmart has acquired the Eiger brand of appliances in a move to expand its private brand portfolio. 29 Jun 2022
France's Amethis investment fund has announced that it will sell its stake in Kenyan general retailer Naivas to Mauritius-based IBL Group. 27 Jun 2022
Members of Swiss cooperative supermarket chain Migros have voted by a clear majority to uphold the ban on alcohol sales its health-conscious founder adopted when he set up the business in the 1920s. 20 Jun 2022
TFG CEO Anthony Thunström. Source: Supplied
Fashion and lifestyle retailer TFG (The Foschini Group) has announced a ramp up of Capex spending in the coming financial year after posting record turnover of R43.4bn (up 31.6%), gross profit of R21.0bn (up 40.3%) and headline earnings of R3.3bn (up 442%) for its financial year to 31 March 2022, as the group steps up its pursuit of growth opportunities to a new scale. 10 Jun 2022
The Crazy Store marks 25 years of operation this year, and for 10 of those Kevin Lennett has helped steer the retailer's growth trajectory as managing director. 9 Jun 2022
Mr Price Group has reported a a 20.1% jump in full-year earnings, as consumers coming out of the Covid-19 lockdowns revamped their wardrobes and homes, with acquisitions adding a boost. 9 Jun 2022
Source: Spar
South Africa's Spar Group has reported a 3.7% rise in half-year profit, as its businesses continued to recover from Covid-19 restrictions. 8 Jun 2022
Frasers Group, the retail empire founded by Mike Ashley that owns House of Fraser and Sports Direct, has bought embattled online women's fashion retailer Missguided out of administration for £20m in cash. 1 Jun 2022
Source: Supplied
Pepkor said its plans to open more than 300 stores in the 2022 financial year remain on track, despite a challenging operating environment impacted by supply chain disruptions and constrained spending. 31 May 2022
The rising cost of living for South African consumers is pushing shoppers to purchase more private label products during their routine shopping trips, as a way to keep costs down. This is according to Makro and Builders owner Massmart, which has recorded growing interest in its private label products across all customer segments and has stated its intention to continue investing in these areas. 26 May 2022
Source: Dis-Chem
Dis-Chem Pharmacies reported a rise in annual profit on Monday, 23 May, buoyed by acquisitions of new drugstores and stronger demand for medicines as Covid-19 lockdowns ease. 23 May 2022
Bravo Brands, the specialist in home and lifestyle comfort products, is opening a new brand experience centre and headquarters in Kramerville, Johannesburg. 20 May 2022
Source: Supplied
JSE-listed Shoprite Holdings has, through its subsidiary Shoprite Checkers Propriety Limited, established a Black Economic Empowerment transaction through formation of the Shoprite Employee Trust. 18 May 2022
The "biggest and most important change in Pick n Pay for many years". That's how Pick n Pay Group CEO Pieter Boone has described the retail company's new four-year strategic plan revealed this week. 18 May 2022
Yuppiechef founders Andrew Smith and Shane Dryden have resigned, less than a year after the kitchen and homeware retailer was acquired by retail giant Mr Price Group for approximately R470m. 12 May 2022
In the past few months, South Africa has seen fuel prices and levies go up and down, leaving motorists in distress. Even today, the fuel price has decreased; but, what can be said about fuel retail business owners? The fuel industry is at a crossroads and operators are under pressure to move with the times and rethink their age-old strategies in order to create new capabilities and transform the way they run their operations. 10 May 2022
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