The Spar Group has announced the appointment of Angelo Swartz as its CEO and executive director of the board with effect from 1 October 2023. Swartz will take over from Mike Bosman, who has been filling in as interim executive chair following Brett Botten's retirement in January this year. 28 Jul 2023
Image supplied. Pick n Pay has introduced two new coffee brands to meet the growing demand as South Africa's love affair with coffee reaches new heights
Pick n Pay has introduced two new coffee brands, a new range of coffee under its private label, the premium Crafted Collection by PnP brand and then its exclusive coffee brand, The Roastery premium Crafted Collection by PnP brand. 27 Jul 2023
Zandile Kumalo was the standout business. Source: Supplied.
Neighbour Roots, a forward-thinking hydroponic farming business, has been announced as the top social enterprise supplier to Food Lover's Market after a tough boot camp and a day of pitching to senior Food Lover's Market executives in Cape Town. 5 Jul 2023
Newsweek has reported on a backlash from customers and consumers after Nando's in the UK for joking on Twitter that it's now part of the "New World Order" in adopting a cashless model. 28 Jun 2023
South African shoppers are increasingly turning to credit to buy discretionary items such as clothing and homewares, company earnings reports show, highlighting the strains on household budgets and growing risks for retailers. 23 Jun 2023
As the Roblox craze continues to gain momentum in South Africa, Pick n Pay will be giving away free Robux vouchers as part of its 56th birthday celebration. 22 Jun 2023
The Covid-19 pandemic and resulting lockdowns that wreaked havoc on the broader retail environment were amplified by looting during the July 2021 riots. Additionally, e-commerce and the largely subdued economic climate which immediately followed, left South African shopping malls with significantly lower traffic levels and turnover between 2020 and early 2022. But South Africans - known for their resilience amid uncertainty - feeling the lockdown fatigue and weathering the ever-present load shedding schedule, steadily began heading back to the malls last year. 15 Jun 2023
All 237 Lloyds Pharmacy branches located in Sainsbury's in the UK have ceased operation. 13 Jun 2023
Image supplied. It's all smiles for employees Siyabonga Mali, Felleng Sethoabane, Siphosethu Silinga (Yes), Shuanah Frans, and Benjamin Peter who participated in the Shoprite Group's youth development programmes
Unemployed and unskilled South African youth (aged 18 to 34) are now invited to apply for specialist training and educational programmes at the Shoprite Group throughout the year. 13 Jun 2023
Puma has expanded its physical retail presence in KwaZulu-Natal with the opening of its first store in Pietermaritzburg at the Midlands Mall. 2 Jun 2023
Source: Reuters/Sumaya Hisham
Steinhoff International said on Thursday, 1 June that it has sought approval from a Dutch court for a debt restructuring plan aimed at saving the South African retailer from bankruptcy. The plan was approved this week by all of its creditors but was rejected by its shareholders. 1 Jun 2023
Source: Reuters/Sumaya Hisham
Pepkor Holdings Ltd said on Tuesday, 30 May that it would add 71 stores by the end of the year, bringing the total to 6,000 as it seeks to build market-share even as the country's power crisis burdens both retailers and consumers. 31 May 2023
Source: Reuters/Sumaya Hisham
Pep and Ackermans owner Pepkor Holdings Ltd posted an 11.7% drop in half-yearly earnings on Tuesday, 30 May, as customers prioritised spending on necessities amid a difficult working environment due to rolling blackouts and high inflation. 30 May 2023
Zara has reopened the doors of its new flagship store in Sandton City, Johannesburg, after shutting the store for a revamp at the start of this year. 9 May 2023
Last weekend a video circulated on social media showing a mouse inside a packet of chicken at the Woolworths Garden Centre store in Cape Town. 5 May 2023
Image supplied. The new concept Guess store in Sandton
Guess has launched its first flagship concept store in Pretoria, in Menlyn Park Shopping Centre. 5 May 2023
Gap Inc. (Gap) is joining a growing list of US companies, such as Lyft, Goldman Sachs, Amazon, and Alphabet (Google's parent) that have recently downsized their workforces amidst growing uncertain economic conditions. 28 Apr 2023
South African retail group FrontierCo - previously New House of Busby - has spruced up the country's oldest luggage retailer, Frasers, with a rebrand and updated store design. 25 Apr 2023
15 February saw TBCo's General Building Material (GBM) trade show at the Cape Town International Convention Centre (CTICC), with Buco and Timbercity as hosts. Over a 100 suppliers, buyers and store managers from across the country attended. 24 Apr 2023
Durban-based retail group Retailability has acquired South African children's clothing brand Keedo from Cape Union Mart Group. 13 Apr 2023
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