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Retail News

Wavebreak Media Ltd ©
Wavebreak Media Ltd © 123RF.com
Taking over the front shops in Netcare hospitals helped Clicks grow its flagship brand to 600 stores at the end of February, the retail group said in its interim results statement on Friday morning. 24 Apr 2017
convisum ©
convisum © 123RF.com
Consumers spent less in Massmart's comparable stores in the first quarter of 2017, a trend that could continue into the rest of the year due to the constrained economic environment. 24 Apr 2017
Alhovik © –
Alhovik © – 123RF.com
Mastercard has launched a biometric card that uses fingerprints to enable purchases, revealing that it had been piloting the card, a global first for the company, in SA. 21 Apr 2017
Renee Perkins
Renee Perkins
Continuing in the family mould is Renee Perkin (40), who launched Cash Converters Oxford Village in Hillcrest, outside Durban, this month. 21 Apr 2017
Aleksey Boldin © –
Aleksey Boldin © – 123RF.com
NEW YORK, US - Apple wants to "one day" end the need to mine materials from the earth to make its gadgets, the technology giant said in its annual environmental responsibility report out Thursday. 21 Apr 2017
aquapictures ©
aquapictures © 123RF.com
New research from BMi Research reveals that South African consumers have expectations of the role they believe local manufacturers should play in softening the blow of current economic conditions on households' monthly grocery shop. 20 Apr 2017
Norman Kin Hang Chan © –
Norman Kin Hang Chan © – 123RF.com
As Starbucks turns one in South Africa, it opened its fourth store in Menlyn Park, Pretoria, yesterday 19 April 2017. The first was in Rosebank, where people queued to buy the world-renowned brand. The second store opened at Mall of Africa, marked by the attendance of Starbucks CEO, Howard Schultz. The third Starbucks opened in Pretoria's greenest development, Menlyn Maine. 20 Apr 2017
Gumtree turns over a new leaf
From today, 20 April 2017, Gumtree South Africa sports its new logo, as part of an ongoing and comprehensive redesign. 20 Apr 2017
bacho12345 © –
bacho12345 © – 123RF.com
Woolworths has the most satisfied customers, with a substantially higher score than the industry average, according to the 2016 South African Customer Satisfaction Index (Sacsi) conducted by Consulta. The index reveals customers remain highly satisfied with overall supermarket offerings, despite an industry decline for the period 2015 to 2016. 20 Apr 2017
Amazon, Flipkart battle in India for e-commerce's 'last frontier'
© – 123RF.com
NEW DELHI, India - With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up. 20 Apr 2017
gopixa © –
gopixa © – 123RF.com
Announcing its results for the year ended 26 February 2017; Pick n Pay achieved an 18% growth in headline earnings per share, a turnover growth of 7% and like-for-like growth of 3.4%. The group declared a final dividend of 146.40 cents per share, bringing the total dividend for the year to 176.30 cents. 20 Apr 2017
Where food meets tech
Online food marketplace and platform, iamcooking.co.za has launched in South Africa, offering a variety of restaurants, chefs, home bakers and cooks available to those looking for breakfast, lunch or dinner. 18 Apr 2017
Ion Chiosea © –
Ion Chiosea © – 123RF.com
Retail was pumping in the early 2000s. Sales growth hit a record high of 15.50% in September 2006 and averaged about 12% a year from 2004 to 2007. 18 Apr 2017
Las Iguanas interior
Las Iguanas interior
Las Iguanas, a UK mid-market restaurant brand, will open its first outlet in South Africa in June 2017 in Johannesburg. 18 Apr 2017
Molefi Moloantoa, CEO of Primedia Unlimited Malls.
Molefi Moloantoa, CEO of Primedia Unlimited Malls.
Primedia Unlimited Malls (PUM) will undergo a year-long rebranding project in response to changing markets, ensuring it still delivers on value through its ability to optimise how brands engage with shoppers. 13 Apr 2017
The Crazy Store MD, Kevin Lennett.
The Crazy Store MD, Kevin Lennett.
The Crazy Store opens its 300th store today, 13 April 2017, at the Kyalami Corner Shopping Centre in Midrand. 13 Apr 2017
Oxford Business Group with Okechukwu E Enelamah, Nigeria's minister of industry and trade.
Oxford Business Group with Okechukwu E Enelamah, Nigeria's minister of industry and trade.
Nigeria and more than 100 other nations have signed a key trade facilitation agreement (TFA) with the World Trade Organisation. 13 Apr 2017
Thabo Mabe, CEO of Dangote Flour Mills.
Thabo Mabe, CEO of Dangote Flour Mills.
Following its reacquisition from Tiger Branded Consumer Goods of South Africa, the Nigerian Dangote Flour Mills has returned to profitability after four years of losses. 13 Apr 2017
Amarula launches phase two of conservation campaign
Amarula's efforts to save the African elephant has stepped up another gear by releasing 400,000 bespoke Amarula bottles to communicate that there are now only 400,000 elephants left in the wild. 13 Apr 2017
(c) Udom Jinama -
(c) Udom Jinama - 123RF.com
Growth in the manufacturing sector fell again in February with signs that the sector will not make much of a contribution to GDP in the first quarter. 13 Apr 2017
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