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Black Friday trumps Cyber Monday: BankservAfrica

Black Friday proved to be more popular than Cyber Monday this year, says automated payments clearing house BankservAfrica...

7 Dec 2017

Retail Capital is awarding a brand makeover to one lucky SME

Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000...

30 Nov 2017

BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy

On his visit to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy...

By Jessica Tennant 20 Nov 2017

Festive retail sales may help give GDP a boost

The retail sector is set to make a positive contribution to third-quarter GDP as retailers adapt to the difficult economic conditions and as they look forward to the festive season...

17 Nov 2017

Mastercard-Spazapp collaboration brings cashless payments to informal retailers

Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure and convenient mobile payments to thousands of informal traders...

15 Nov 2017

Luxury group Richemont sees 'exceptional' growth

ZURICH - Richemont, the world's second-largest luxury group, said Friday it had enjoyed exceptional profit growth in the first half of its financial year as the firm moved on from a costly buyback of its high-end watches...

13 Nov 2017

Ailing Balkan retail giant disputes €2bn of debts

ZAGREB - Debt-wracked Balkan food and retail giant Agrokor is in a dispute with creditors over two billion euros in claims, half of which is demanded by the Russian state-controlled Sberbank, the firm's crisis manager said Thursday...

13 Nov 2017

Alibaba takes record $25bn on Singles' Day

BEIJING - Chinese online shoppers spent a record $25bn on this year's Singles' Day promotion run by e-commerce giant Alibaba, up nearly 40% from last year, figures showed on Sunday...

13 Nov 2017

Burberry shares dive on strategy overhaul

LONDON - Burberry shares tumbled on Thursday, as investors were spooked by the expected costs of a strategy overhaul and a below-expectations rise in profits at the British luxury fashion giant, analysts said...

10 Nov 2017

Brait decides New Look is worth zero

Brait shares rallied more than 3% at one stage on Wednesday on its decision to value 2015's 780m acquisition of UK fashion retailer New Look at the princely sum of nothing.

By Giulietta Talevi 9 Nov 2017

Online shopping spree buys Deutsche Post more profit

Growth in online shopping continued to provide a bonanza for German logistics group Deutsche Post in the third quarter, the firm reported, confirming its forecast for the full year...

9 Nov 2017

WeChat Pay arrives in Paris department stores

PARIS - Chinese tourists visiting Paris are now able to pay for their purchases in two of the city's famous department stores with their smartphones, thanks the adoption of the payment app of the popular Chinese social media network, WeChat...

9 Nov 2017

Marks and Spencer slows food expansion plans

LONDON - Marks and Spencer, the British clothing-to-food retailer, announced on Wednesday a sharp rise in net profits on higher sales but plans to slow expansion of its number of standalone food stores...

9 Nov 2017

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European market could offer diversification for SA's SMEs

According to the 2017 Ventureburn Startup Survey, only 5% of South African startups focus their attention on the European market despite South Africa's Trade, Development and Co-operation Agreement (TDCA) with the EU.

13 hours ago

Steinhoff shares dive on suspected fraud

Steinhoff International's share price continued to plummet in heavy trade on Wednesday as fears mounted of long drawnout investigations by regulatory authorities in Europe, the US and locally in SA.

7 Dec 2017

Amazon claims record-breaking Australia launch

SYDNEY - Amazon's Australia launch was the company's biggest-ever opening day for orders, the US giant said on Wednesday, but some shoppers were underwhelmed by the range of goods and prices on offer.

7 Dec 2017

Markus Jooste quits as Steinhoff CEO

Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer's results scheduled for release on Wednesday.

By Robert Laing 6 Dec 2017

New research suggests organisations should embrace new messaging culture

Organisations that fail to adapt to the new messaging culture risk falling behind and losing customers, that's according to new international research from BT and Cisco.

6 Dec 2017

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