A new Pick n Pay store has opened its doors in Sea Point, the retailer's second store in the Cape Town suburb after nearly 50 years since it opened its first store in the area in the 1970s. 29 Sep 2022
Incoming Truworths International deputy CEOs Sarah Proudfoot and Emanuel Cristaudo. Source: Supplied
Sarah Proudfoot and Emanuel (Mannie) Cristaudo have been appointed as joint deputy chief executive officers at Truworths International, effective 1 October 2022. 28 Sep 2022
Source: Circle K
Convenience retail brand Circle K is expanding to South Africa, with the first store set to open in Gauteng this October. 27 Sep 2022
Source: Supplied
Swedish multinational retailer H&M will open the doors to its first H&M Home store in South Africa on 24 November. 26 Sep 2022
Image supplied. The Crazy Store has opened its 450th store in Gqeberha at the Boardwalk Mall in Summerstrand.
The Crazy Store has opened its 450th store in Gqeberha at the Boardwalk Mall in Summerstrand. 23 Sep 2022
Home improvement and DIY brand, Builders, has launched a brand-new benefits programme, Builders+. 22 Sep 2022
Image supplied. Shoprite has launched a carrier bag for taxi and public transport users
In response to customers and employees' needs, national supermarket retailer Shoprite has launched a bigger, stronger 60-litre carrier bag primarily for taxi commuters and people who make use of public transport. 20 Sep 2022
Image supplied. Fred Razak, Chief Trading Strategist from CMTrading
Walmart's intention to buy out and delist Massmart is a good thing for South Africa and Africa, and it perfectly positions the American retailer for the next five to 10 years. 20 Sep 2022
When engaging in omnichannel retailing, the retailer aims to create "an integrated sales experience that melds the advantages of physical stores with the information-rich experience of online shopping", according to Darrell Rigby's Harvard Business Review article. 19 Sep 2022
Modern department store concept We Are Egg is set to open the doors to its second store, this time located at The Zone @ Rosebank, Johannesburg on 29 September 2022. 14 Sep 2022
Rising food and energy prices due to Russia's invasion of Ukraine are compounding other inflationary pressures. 9 Sep 2022
Food shortages are worsening in Tunisia with empty shelves in supermarkets and bakeries, adding to popular discontent at high prices and risking unrest as the government tries to stave off a crisis in public finances. 9 Sep 2022
Value retailer The Crazy Store aims to have 500 stores operating in southern Africa by the end of 2023, which would signify a major growth milestone for the company that started out as the 'cheap and cheerful' R10 Store when the first outlet opened in Edenvale, Johannesburg in 1995. 8 Sep 2022
South African fashion and lifestyle retailer TFG has reported a 21.6% rise in half-year turnover, as affluent customers snapped up dresses and shoes. Higher-income consumers have largely shrugged off the impact of inflation to spend on discretionary goods including apparel and bags, buoyed by their savings during the lockdowns. 8 Sep 2022
Source: Shoprite Group
South Africa's biggest grocery retailer Shoprite Holdings has reported a 10.3% increase in annual profit as shoppers flocked to discount store chains for everything from groceries to household supplies in the face of higher inflation. 6 Sep 2022
Sportswear and athleisure brand Puma has expanded its brick-and-mortar retail footprint with the addition of five new stores, including full-price and factory outlets stores as well as a Select Pop Up store. 6 Sep 2022
Source: Reuters/Siphiwe Sibeko
Fashion retailer Truworths International has reported a 49.9% rise in annual profit as consumers coming out of Covid-19 lockdowns splashed out on items to rejuvenate their wardrobes and homes. 2 Sep 2022
Source: Reuters/Siphiwe Sibeko
US retail giant Walmart Inc. has signed an agreement to begin buying the 47% stake in South African retailer Massmart that it does not own, the companies said in a joint statement on Thursday, 1 September. 1 Sep 2022
Source: Supplied
There's a new trend on the rise in the toy sector, with 'kidult' toys surging in popularity as young adults look to their childhood toys for comfort and nostalgia during difficult times, according to retailer Toys R Us. 1 Sep 2022
Source: Reuters/Siphiwe Sibeko
Woolworths Holdings plans to open more stores and ramp up its on-demand delivery service, its chief executive said this week, as it steps up a turf war for South Africa's affluent shoppers. 31 Aug 2022
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