Source: Sardaka, CC BY-SA 4.0 , via Wikimedia Commons
Woolworths Holdings Limited (WHL) has entered into an agreement to sell its entire shareholding in its Australian subsidiary, department store chain David Jones, to Anchorage Capital Partners, an Australian private equity fund. 19 Dec 2022
Source: Supplied
Senegalese startup Kwely, a B2B wholesale distribution platform for made-in-Africa products, has launched an online marketplace to provide small and large African producers and manufacturers with a global window to sell their products at scale. Through it, international buyers can source locally-made, quality products from across the continent. 19 Dec 2022
LG Electronics has announced massive savings on a range of its latest home appliances and home entertainment products. From its selection of innovative microwaves, fridges, and dishwashers to energy-efficient washing machines and world-class TVs, this year's Life's Good Celebration Festive Sale offers something for everyone looking to modernise their lifestyle with amazing products. Here are the promotions to keep an eye out for this festive season. 15 Dec 2022
The leading professional beauty and grooming brand, Sorbet recently held a roundtable discussion event in Johannesburg in partnership with People Opposing Women Abuse - Powa as part of its SEW initiative, which is aimed at empowering women and men. 15 Dec 2022
Started in 2014, The Alternative Power Beverage Company was established in 2014 with the aim of producing energy drinks and sodas to satisfy the unique demands of a varied market. The company has cultivated a distinctive product range that is uncompromising on quality ingredients, unbeatable flavour and undeniable style 15 Dec 2022
Source: Supplied
Steinhoff International Holdings NV said on Thursday, 16 December it had reached an agreement with some of its largest creditors to extend the maturity of its debt. 15 Dec 2022
H&M fashion and homeware will finally be available to shop online in South Africa from early 2023, following a new partnership struck with local e-commerce giant Superbalist. 15 Dec 2022
Source: Reuters/Siphiwe Sibeko
Stats SA reports that South African retail trade sales decreased by 0.6% year-on-year in October 2022. 15 Dec 2022
Local creative brands Janet Ceramics, Rainbow Artz, Diana Seboke Zitha and Wilderblommetjies have been selected by the Craft and Design Institute (CDI) and V&A Waterfront to retail in the Design Lab store at the V&A Watershed. 14 Dec 2022
Beverage giant The Coca-Cola Company has appointed Luisa Ortega as president of its Africa operating unit, overseeing markets across the continent. Ortega currently serves as president of the company's central zone in Latin America, which includes Colombia, Venezuela, Peru, Ecuador, Central America and the Caribbean. 14 Dec 2022
On-demand grocery delivery service Yassir Express has launched in Gauteng, offering shoppers delivery to their doors in as little as 30 minutes. The app, which went live locally last week, offers thousands of products including fresh fruit and vegetables, meat, pet food, pharmacy products and nappies. 13 Dec 2022
Retail giant H&M Group has partnered with BKB Ltd, a major supplier of Responsible Wool Standard (RWS) wool, to implement the Biodiversity Restoration and Regenerative Land Management project. 13 Dec 2022
South Africa's coffee sector took a huge knock in 2020, as lockdown forced food service outlets to close, and dwindling disposable income saw premium coffee products swapped out for more affordable alternatives. While prospects are looking up for the industry, recovery has not gone as expected. 13 Dec 2022
Food and beverage giant PepsiCo sub-Saharan Africa is boosting production capacity at its Weet-Bix plant in Atlantis, Western Cape with the launch of a new production line. The new line was funded by a R300m cash injection as part of the public interest commitments made at the time of the acquisition of Pioneer Foods. 13 Dec 2022
Source: Massmart (File photo)
The Competition Tribunal has conditionally approved the Shoprite Group's acquisition of certain Massmart-owned supermarkets, wholesalers and liquor stores, as well as the Massfresh business from the retail group that's now wholly-owned by Walmart. 12 Dec 2022
While the pandemic years have accelerated online shopping and the current tough economic conditions have locked down consumer wallets, South African malls continue to thrive. Covering hundreds of thousands of square metres and costing billions of Rands, an extraordinary number of new shopping centres have popped up all over the country in 2022, more are planned for the upcoming year. And there is increasing evidence, from independent surveys and owners, that for many of the larger malls in the country, footfall is back to where it was before the Covid lockdown. 12 Dec 2022
We've compiled our annual #BestofBiz 2022 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views. Discover the most read content on Bizcommunity's Retail site over the past year below. 12 Dec 2022
South African retail cooperative Always Welcome, a multi-brand destination for furniture, decor and homeware production from premier African designers, has opened its first showroom in Cape Town. 12 Dec 2022
Source: Reuters/Siphiwe Sibeko
Spar Group is seeking legal opinion on media allegations it took part in "fictitious" and "fraudulent" loans, the grocery retailer and wholesaler said on Friday, 9 December, while also announcing its chairman would step aside. 12 Dec 2022
The Consumer Goods and Services Ombud (CGSO) has issued a consumer alert urging customers to exercise caution when purchasing from local online retailer Reliable Store, following numerous complaints about a lack of service delivery. 9 Dec 2022
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