American multinational retail corporation Walmart has concluded the R6.4bn deal to secure full ownership of African retail giant Massmart. As of this week, Massmart has been delisted from the Johannesburg Stock Exchange and is now a fully-owned Walmart subsidiary. 23 Nov 2022
Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement seen by Reuters on Tuesday, 22 November, showed. 23 Nov 2022
Source: Pepkor
Pepkor Holdings, owner of South African discount retailer brands Pep and Ackermans, reported a 20.1% jump in full-year earnings on Tuesday, 22 November, as cash-strapped shoppers fuelled demand at its expanding chains of discount stores. 22 Nov 2022
Despite a tough economic year and flagging consumer confidence, it appears that many South Africans are still planning to shop the upcoming Black Friday sales days, with 85% of South Africans aged between 18 and 36 planning to shop from their phones, according to a recent survey by Adoozy Power. 22 Nov 2022
Mattel has launched its own non-fungible tokens (NFT) marketplace on Mattel Creations, the company's collector and direct-to-consumer platform, as the toy and entertainment giant aims to expand its digital collectibles business. 22 Nov 2022
Extreme, the invigorating alcoholic drink that delivers a distinctive apple ale taste and natural kick from guarana, is levelling up the positive energy with the Extreme Bula Sekele's collab partnership with creative entrepreneur, Thobile kaNjinji Ntuli, to produce customised Extreme sneakers, to be featured at the second season of the national dance competition as it now moves to the final stages, where Mzansi's hottest undiscovered dance talent will battle for two top spots to jiva to their future. 22 Nov 2022
Clothes to Good (CTG), the local textile recycling and disability empowerment organisation, hosted its 'Closing the Fashion Loop, Collaborative Conversations' conference in Constantia, Cape Town recently. 22 Nov 2022
Introduced locally by Takealot in 2012, Black Friday has grown into one of the most important events on the South African retail calendar and effectively kicks off the festive retail season. 21 Nov 2022
In the world of luxury spirits, creating a sense of status and scarcity are the secrets to success. Just Design specialises in packaging that conceptually elevates brands, adding value and desirability through meaningful embellishments and design storytelling that enhances the drinking experience. 21 Nov 2022
Black Friday is an international sales beast that is gaining marked traction in the South African retail landscape. Savvy online buyers and sellers alike have got plenty to gain around this sales period... 21 Nov 2022
Makro announces its annual Black Friday plans by bringing back an even bigger Black5Day Sale! After extending the number of shopping days in 2021 due to Covid, this year Makro is bringing a bigger and even better deals throughout Black Friday month to help customers save money and live better. 21 Nov 2022
Imagine placing a bid in an auction simply by employing your senses of smell, touch, and sight. Introducing an extraordinary opportunity, the Comfort Scent-sory Fashion Auction in which the burst of endless fragrance you identify, along with the touch of a garment and its vibrant colours, become your entry to win sensational prizes to indulge your senses. 21 Nov 2022
Twyg, a not-for-profit organisation and online publication, announced the winners of its Sustainable Fashion Awards 2022 on Thursday, 17 November at the Mount Nelson Hotel in Cape Town. Designers and brands were awarded for their implementation of sustainable, ethical, circular and regenerative design. 21 Nov 2022
For Black Friday this year, mass retailer Game will join the metaverse through a branded Roblox game. 18 Nov 2022
South Africans will spend R56.8bn on retail goods online this year, representing a year-on-year growth of 39%. There is a terrific opportunity here, but if brands and marketers plan to get a share of these billions from events like Black Friday, they're not seeing the bigger, better picture. 18 Nov 2022
Source: Reuters/Siphiwe Sibeko
OBC Better Butchery has lodged a complaint with the Competition Commission, accusing supermarket retailer Spar of "vigorously enforcing exclusivity clauses" against landlords, thus preventing competition (in this case OBC) from setting up shop in certain malls... 18 Nov 2022
More and more South African retailers are proudly promoting their locally-made goods. This is particularly prevalent in fashion as clothing retailers commit to boosting localisation efforts to stabilise supply chains and help contribute to the revival of South African apparel manufacturing. 18 Nov 2022
Source: Supplied
With the imminent arrival of the popular Black Friday shopping phenomenon, NielsenIQ has analysed the dominance of this promotional event and discovered that Black Friday was bigger than the traditional festive season purchase week in December 2021. 17 Nov 2022
These may be tough times, but South Africans are set to dig deep and plan for a happy and festive holiday season, even though their approaches to festivities and gift giving may be very different this year. Most remain motivated by the desire to feel a sense of connection and community and aren't prepared to compromise on this because budgets are tight. 17 Nov 2022
It's that time of year again when South African businesses gear up for the biggest shopping day of the year - Black Friday. This is your chance to attract more shoppers and increase your sales figures. But how do you make sure that you're offering the best deals and getting the most out of this important day? 17 Nov 2022
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