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Retail News

The world economy may still be in deep crisis and the global auto sector in the doldrums, but Toyota Motor's vice-president Takeshi Uchiyamada has some good news. 9 Jun 2009
Threat to close new mall in Alex
The Greater Alexandra Chamber of Commerce and Industry has threatened “to close” the newly launched Pan Africa Shopping Mall until it was “fully-owned” by local residents. 9 Jun 2009
Toilet paper leaves consumers short
Regulators have warned the public about toilet paper being too short, following an investigation in Gauteng. 9 Jun 2009
PARIS: International editions of Vogue magazine plan a simultaneous "fashion celebration night" in 13 cities in September to fight off global economic blues, its publisher Conde Nast said on Monday, 8 June 2009. 9 Jun 2009
Manufacturer of value-add glass and aluminium products, AG Industries issued a cautionary on Monday, 8 June 2009, saying it is in the process of a major restructuring which includes reducing the group's cost base to place the group on a firm foundation. 9 Jun 2009
Golden local wins international taste award
Hansa Marzen Gold has recently been awarded the three-star Superior Taste Award at the 2009 International Taste Quality Awards, held by the International Taste and Quality Institute (iTQi). Hansa Marzen Gold is the only South African product to have won a Superior Taste Award at this year's iTQi's. 8 Jun 2009
BERLIN: German Finance Minister Peer Steinbrueck said on Monday, 8 June 2009, that the retail group Arcandor, which owns the Kardstadt chain and a majority share of Thomas Cook, could go bust, and its shares plunged a short time later. 8 Jun 2009
WASHINGTON: Movie directors, composers, authors, legal experts, policy-makers and others are meeting here this week to discuss the "threats and opportunities" the Internet poses to copyright in the digital age. 8 Jun 2009
Two established and creative South African designers, David Tlale and Charles Storr, are to stage a collaborative exhibition at Momo Gallery in Johannesburg. 8 Jun 2009
New mall leaves Alex hawkers high and dry
Informal sellers of produce, cigarettes, matches, and other assorted goods in Alexandra each have their own regular customers. 8 Jun 2009
Whatever the state of the global economy, SA expects a spending boost from thousands of World Cup football visitors next year. 8 Jun 2009
Public hearings into Eskom's 34% tariff hike application will be heard by the National Energy Regulator of South Africa today, 8 June 2009. 8 Jun 2009
New balance of vintage Chardonnay
Eikendal has produced a full-bodied Chardonnay with a 'superb sense of balance', using the grapes of two individual and diverse vineyard sites for this newly released 2008 vintage. 5 Jun 2009
Altech majority holder of NuPay
Altech is continuing its gradual growth through acquisitions, with its latest move being the R53,5m purchase of a controlling stake in a payments processing company. 5 Jun 2009
Online auction offers book rarities
Modern first editions by Raymond Chandler, Wilbur Smith and JM Coetzee are among the nearly 300 books offered by the AuctionExplorer on-line book auction (www.auctionexplorerbooks.com) that started yesterday, 4 June 2009. 5 Jun 2009
A packaging factory in Chloorkop, near Kempton Park, burnt down in the early hours of Friday morning, 5 June 2009, Ekhurhuleni Emergency Services said. 5 Jun 2009
The hotel industry saw its combined occupancy rates slump 20% year on year in April to an average 54.7%, with the numerous public holidays and the general elections taking their toll. 5 Jun 2009
Significant progress has been made in talks to salvage distressed textile manufacturer Frame, said Trade and Industry Minister Rob Davies Thursday, 4 June 2009. 5 Jun 2009
For a number of years retail group Foschini has languished in the shadow of its bolder and possibly more successful contemporaries on the JSE, such as Truworths and Mr Price. This may change as better merchandising, staff and logistics systems deliver a turnaround. 5 Jun 2009
Department store Stuttafords yesterday said it would reduce the number of its stores from 18 to 13 but make them bigger to ensure more customer space. 5 Jun 2009
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