SOUTH AFRICA

US retail chain Sears files for bankruptcy

US retail giant Sears has filed for bankruptcy and plans to close almost 150 stores...

16 Oct 2018

SOUTH AFRICA

Michael Kors grows luxury portfolio with $2bn Versace acquisition

One year after buying Jimmy Choo, US fashion company Michael Kors is acquiring Italian luxury goods house Versace for $2.1 billion...

By Lauren Hartzenberg 25 Sep 2018

SOUTH AFRICA

Walmart tried to make sustainability affordable. Here's what happened

What a difference the birth of a granddaughter can make. For Lee Scott, who ran Walmart from 2000 to 2009, the arrival of his granddaughter not only convinced him the threat of global warming was real but set him on a course...

By Andrew Spicer 21 Aug 2018

GLOBAL

How high streets and shopping malls face a 'domino effect' from major store closures

Traditional retail is in the centre of a storm - and British department store chain House of Fraser is the latest to succumb to the tempest. The company plans to close 31 of its 59 shops - including its flagship store in Oxford Street, London...

By Omar Toulan and Niccolò Pisani 9 Jul 2018

SOUTH AFRICA

Will Amazon do to the grocery industry what it did to e-commerce?

Amazon has been busy lately. After entering the grocery delivery market with Amazon Fresh< and

By Ralf W. Seifert and Richard Markoff 14 Jun 2018

SOUTH AFRICA

Online shopping meshes with bricks and mortar

Forbes' richest people in the world list says Amazon CEO, Jeff Bezos, earns $107.4 million per day, so he must be doing something right...

By Eben Esterhuizen 13 Jun 2018

SOUTH AFRICA

With its purchase of Whole Foods, is Amazon's goal to revolutionise food distribution?

On 20 March 2018, Amazon became the second most valuable company in the world, with a market capitalisation exceeding $768 billion...

By Isabelle Chaboud 24 Apr 2018

AUSTRALIA

Location and voice technology are the future of retail

Retailers, struggling to connect with their customers, have been trialling new technologies to blend in-store and digital experiences...

By Gary Mortimer and Louise Grimmer 11 Apr 2018

GLOBAL

New research reveals traditional retailers intensify focus on omnichannel approach

A new study finds that traditional 'bricks and mortar' retailers are seeking to buttress their ailing offline-store activities with the development of integrated online engagement channels...

10 Apr 2018

SOUTH AFRICA

Toys 'R' Us packs up its playroom in the US

Toys 'R' Us Inc. is going out of business, shutting all of its 735 toy stores and Babies 'R' Us stores in the US after a failed turnaround...

By Lauren Hartzenberg 16 Mar 2018

SOUTH AFRICA

#SeamlessAfrica: Store 4.0 is an attitude, not a technology

E-commerce may be where the retail industry is seeing growth, but the physical store is not dead. In fact, it may be more important than ever...

By Lauren Hartzenberg 12 Mar 2018

UNITED STATES

Walmart shares dive as e-commerce growth slows

Investors pummeled Walmart shares on Tuesday after the retail behemoth reported disappointing fourth-quarter earnings in results that revealed growing pains in its e-commerce buildout...

21 Feb 2018

SOUTH AFRICA

Natalie Mills takes her Crystal Creations to the US

Natalie Mills was struggling financially when she embarked on her first entrepreneurship endeavour. Since then, Mills has gone on to create Crystal Creations...

19 Feb 2018

SOUTH AFRICA

Amazon unveils grocery delivery via Whole Foods chain

US online giant Amazon on Thursday unveiled plans to launch grocery delivery to a number of US cities for its Prime subscribers using its recently acquired Whole Foods supermarket chain...

9 Feb 2018

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