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Massmart shareholders get good returns, as sales reach R91.3bn

Massmart, majority owned by WalMart, announced its full-year results for the 52 weeks to December 2016, indicating good margin management and astute expense control...

3 days ago

Woolworths exceeds R100m fundraising target for education

Woolworths has announced it has raised R104.9 million for its MySchool ‘Raise R100 million for Education' campaign, exceeding the original target...

3 days ago

Dawie Roodt comments on Trump, Africa, retail growth

Economist Dawie Roodt shared his insights on the local and global economic landscape for retailers at the first quarterly networking breakfast...

23 Feb 2017

Challenging times for SA wine industry with excise hikes

While the South African wine industry understands the government's economic challenges, the above-inflation hikes in wine and brandy excise will be challenging for producers and cellars to absorb...

23 Feb 2017

#DesignMonth: Love local, love sustainable, Love Milo

As we slowly wise up to the negative effects our growing consumerism has on the environment, it could be argued that the most progressive design is that which is sustainable...

By Lauren Hartzenberg 23 Feb 2017

Shoprite's overall sales up 14% to R71.3bn

Whitey Basson ended his run as Shoprite CEO on a high note, the grocery chain's interim results released on Tuesday morning showed...

By Robert Laing 22 Feb 2017

How big supermarket chains in southern Africa keep out small suppliers

Effective competition in the supermarket industry is important because it has far-reaching implications for consumers and suppliers...

By Reena das Nair 22 Feb 2017

Steinhoff 'terminates negotiations' with Shoprite over merger

The share prices of Shoprite and Steinhoff both jumped 7% on Monday morning after they called off their proposal to merge into Retail Africa...

By Robert Laing 21 Feb 2017

Buffett's Walmart sell-off is bad news for retailers

Billionaire investor Warren Buffett has dumped 90% of his Walmart shares, worth $900m...

By Colleen Goko 20 Feb 2017

Woolies sees green shoots in Australia

Woolworths says it is beginning to see some "green shoots" in its Australian operations, with significant changes in store for David Jones and Country Road Group...

By Colleen Goko 20 Feb 2017

Kaap Agri keen to list on JSE

Highly profitable farming community retailer Kaap Agri is investigating a JSE listing, possibly by as early as midyear...

By Marc Hasenfuss 20 Feb 2017

Suppliers fume over Stuttafords rescue deal

A contentious “rescue plan” to save 159-year-old retailer Stuttafords goes to a vote today in what promises to be a hot-tempered meeting...

By Rob Rose 20 Feb 2017

Woolworths' earnings per share drop

Despite difficult trading conditions in both South Africa and Australia, Woolworths Holdings announced that group sales increased by 6.7% to R37.8bn and profit before tax increased 37.9%, following the sale by David Jones of its Market Street property in Sydney for a profit of $172m (R1762m)...

17 Feb 2017

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