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Retailers News

- Catchwords
Local and cross-border retail trading shine at Limpopo's Musina Mall
Musina Mall, the dominant shopping centre in Limpopo's heritage-rich town of Musina, is notching up excellent performance and continues to increase its trading metrics, shopper appeal and convenience. 12 Apr 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
South Africa's biggest retailer Shoprite Group has been approved for a secondary listing on A2X Markets. Shoprite Holdings Limited's ordinary shares will be available for trade on A2X from Tuesday, 11 April 2023. 4 Apr 2023
iStore opens Africa's first Apple Premium Partner store concept in Joburg
iStore has brought its Apple Premium Partner (APP) store concept to the African continent, launching the first store at Eastgate Mall in Johannesburg. 4 Apr 2023
Don't discount low-cost retail in South Africa
For retailers, relevance is reflected in a mirror of realities that must be understood with respect and met with dignity, especially in a diverse market such as South Africa. Low-cost retailers do this well. 29 Mar 2023
- OnPoint PR
CTM, celebrating 40 years of turning houses into beautiful homes
Turning houses into beautiful homes has been integral to CTM's business model. Since the leading specialist retailer in the market opened its trading doors in 1983, many South Africans have been able to turn their home renovation dreams into a reality - demystifying the notion that a beautiful home requires millions and millions of cash. And this year, CTM invites all South Africans to join them in celebrating 40 years of existence and 40 years of journeying with consumers to create their perfect sanctuary. 28 Mar 2023
Cofounder Brian Coppin reflects on 30 years of Food Lover's Market
Family-owned Food Lover's Market Group is celebrating 30 years of being in business, transforming from a single fruit and veg store into South Africa's largest privately-owned retailer. 23 Mar 2023
Cashierless 24-hour Spar store opens in Switzerland
Spar Switzerland and fuel retailer Avia recently opened the doors to the first 24-hour Spar Express forecourt store, located at Zurich's Sihlqui bus terminal. 17 Mar 2023
- Pareto Limited
Department of Home Affairs is open to service the needs of Tshwane at Menlyn Park Shopping Centre
The GCEO of Pareto Limited, Malose Kekana and Home Affairs Minister Dr Aaron Motsoaledi has officially opened a new Home Affairs office at the Menlyn Park Shopping Centre in Pretoria. 15 Mar 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Fashion and lifestyle retailer TFG said on Monday, 13 March that South Africa's rolling power outages are likely to have reduced the annual retail turnover of its African business by about R1bn. 13 Mar 2023
Shoprite expects diesel costs to remain high
South Africa's biggest supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, but says new store openings will drive growth in 2023. 8 Mar 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Shoprite, South Africa's biggest supermarket group, posted a 10.2% rise in half-year earnings on Tuesday, 7 March, as both cash-strapped shoppers and upmarket consumers went after Black Friday and holiday deals. 7 Mar 2023
Source: Reuters/Sumaya Hisham
Source: Reuters/Sumaya Hisham
Pepkor Holdings raised R1.2bn in the South African bond market this week, the owner of South African clothing brands Pep and Ackermans said on Friday, 3 March. 3 Mar 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Woolworths Holdings Ltd reported a 75.1% jump in half-yearly earnings on Wednesday, 1 March but warned of slower growth in the second half as the country's power crisis hits profitability. 1 Mar 2023
Celebrating 30 years: How Food Lover's grew into SA's largest privately-owned retailer
From a single fruit and veg store opened in Cape Town, Food Lover's Market Group has thrived over the past 30 years to become the country's largest privately-owned retailer. It now boasts an expanding footprint of modern grocery retail stores and a handful of attractive brands now part of its stable. 27 Feb 2023
Shoprite Group CEO, Pieter Engelbrecht. Source: Shoprite Group
Shoprite Group CEO, Pieter Engelbrecht. Source: Shoprite Group
South Africa's three largest grocery retailers joined forces to criticise the government on Thursday, 23 February for not offering a tax rebate on diesel use, as crippling load shedding increases their costs. 24 Feb 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
South African fashion retailer Truworths reported a 10.3% jump in half-year earnings on Thursday, 24 February as cash-strapped shoppers snapped up dresses and shoes on credit amid the high cost of living. 24 Feb 2023
#Newsmaker: Builders VP Karen Ferrini on retail innovation and expansion
Karen Ferrini brings 25 years of retail and FMCG experience to her new role as vice president at Massmart-owned home improvement, DIY and building materials retailer Builders. As of 1 February, she took the baton from Herman Venter, who shifts into the position of group chief merchandise officer (CMO) for Massmart. 21 Feb 2023
Source: ©Matej Kastelic -
Source: ©Matej Kastelic - 123RF
Dis-Chem Pharmacies Ltd said on Friday, 17 February its five-month group revenue is likely to have risen by 4.7%, as healthcare becomes a greater share of overall consumer spend and beauty product sales recovered following the Covid-19 outbreak. 17 Feb 2023
Luxury Italian kitchen brand Officine Gullo opens first SA showroom
Luxury Italian kitchen brand, Officine Gullo, has this week opened the doors to its first South African showroom, located in Cape Town. Situated on Strand Street in the heart of the city centre, the showroom space has been created as a destination to attract members of the local design community and professionals in the luxury interior industry. 15 Feb 2023
- Dunlop Tyres SA
Dunlop Tyres SA's new venture aims to deliver technical, training and retail expertise to industry
Dunlop Tyres has launched its new Dunlop Westville tyre centre, bringing tyre safety education, expert advice, technology-driven service, local employment and industry expertise to the market. 14 Feb 2023
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