Photographer: Freddy Mavunda
Image source: Financial Mail
It takes 20 years to build a reputation and five minutes to ruin it, Warren Buffett observed. It is a sobering fact that has hit Lewis Group with a vengeance. 23 Nov 2015
New Edcon CEO Bernie Brookes has been visiting stores for consumer research.
Image: BDlive.co.za
Edcon, the retailer whose chains include Edgars, CNA and Legit, will make sweeping changes under new boss Bernie Brookes as the ailing group tries to claw back market share. 23 Nov 2015
PARIS - Toys R Us said on Friday it will remove from its shelves toy guns and other kids' toys in France that could confuse police in light of the Paris attacks. 23 Nov 2015
Rhodes Food Group said on Monday its business had generated strong operating cash flows in the year ended 27 September 2015. 23 Nov 2015
Coinciding with World Fisheries Day on 21 November, Woolworths has launched new ranges of responsibly farmed fish, marking another significant milestone in its Good Business Journey. The fish are the ASC-certified tilapia products. 20 Nov 2015
The recent decision by the South African Reserve Bank to increase the interest rate to 6% has had an impact on all sectors of the economy, from consumers, big conglomerates to franchisees. As with all business enterprises, the economic conditions of the day have a direct and indirect impact on the operations of franchises - their production, management, pricing - and so must be analysed carefully and managed strategically. 20 Nov 2015
With a 23% year-on-year increase in card skimming fraud from R366 million to R453 million recorded last year, according to the Hawks, it is becoming increasingly important for both consumers and establishments to be vigilant about this type of fraud, especially during the busy festive season. Due to each case being different, determining who is responsible for the loss can be challenging. 20 Nov 2015
Gavin Tagg, CEO of Retail Network Services.
New mall and retail centre development prospects are still plentiful in South Africa, according to Gavin Tagg, MD of Retail Network Services, a full-service specialist retail strategist and leasing company. 20 Nov 2015
Mr Price's shares declined 5.52% to R202.19 after a slowdown in its first-half sales growth failed to live up to its shareholders' high expectations. 20 Nov 2015
Euromonitor International and Nation's Restaurant News have released the top-25 performing international restaurant chains outside of North America. In 2014, the Asia-Pacific dominated this exclusive list with $47.4bn in sales. 20 Nov 2015
Izak Petersen.
The Eyethu Orange Farm Mall has attracted more than a million shoppers a month this year and has recorded consistent month-on-month growth. 19 Nov 2015
The self-service, soft-serve frozen yoghurt bar franchise has added a new dimension to its interactive culture by launching its loyalty card programme as a smartphone app. 19 Nov 2015
UCS Solutions has been awarded the SAP Recognised Expertise in Retail certification - the only partner in Africa to have achieved this. The credential provides a mark of distinction and aims to recognise the specialisation, competency and expertise of SAP partners. 19 Nov 2015
Retail sales growth slowed significantly in September, indicating continued weakness in the economy and supporting the case for unchanged interest rates on Thursday. 18 Nov 2015
Retail-focused property group Hyprop Investments and capital growth fund Attacq have bought Ikeja City Mall, the largest shopping centre in Lagos. 18 Nov 2015
NutriDay yoghurt has undergone a full transformation both inside and out having its tastiest recipe ever and breakthrough pack sizes of 150g, 270g, and 600g. 18 Nov 2015
NEW YORK - Walmart Stores reported a rise in comparable sales at US stores in the third quarter on Tuesday but earnings dipped due in part to the strong dollar. 18 Nov 2015
Last year, the e-commerce industry globally accounted for around $1.5 trillion in sales. It is expected to reach $2 trillion by the end of this year. The emergence of e-commerce and its advancement is beginning to change the attitude of shoppers in South Africa. 18 Nov 2015
World Panel has showcased its latest products at AfricaCom and announced a deal with Vodacom as a key retail partner to sell its new SunStream in select stores. 18 Nov 2015
Let's do Biz
