Wal-Mart is talking to Gauteng about how the provincial government would use some of the funds set aside in the R16,5bn Wal-Mart/Massmart deal to boost young entrepreneurs and the small business sector. 22 Nov 2011
Retailer Woolworths Holdings on Thursday said group sales for the first 20 weeks of the 2012 financial year increased by 10.3% over the comparable period in 2011. Sales in comparable stores grew by 7%. 18 Nov 2011
Clothing retailers have been under pressure during the past few months, and have felt the effects of the cooling-off period after the Soccer World Cup, which inflated sales somewhat. 17 Nov 2011
Rex Trueform on Wednesday, 16 November, advised that total group turnover for the four month period 1 July to 31 October decreased by 2.5%, largely a result of the discontinued manufacturing operation, which ceased on 30 June. 16 Nov 2011
Retailer Mr Price (MPC) on Tuesday, 15 November, reported diluted headline earnings of 173.2 cents for the six months ended September 2011 from 143.1 cents previously. 16 Nov 2011
At Cavendish Square, the women of the Wola Nani charity have designed and handmade exclusive papier-mâché products such as the African print "eyes design" bangle and the "seafarer" pattern bowl. These exclusive products, along with various other handcrafted products, will be available over the holiday season at the centre's first pop-up store, opening 25 November 2011. 16 Nov 2011
In the highly competitive furniture sector where consumers' disposable income is under renewed pressure from higher transport and utility costs, Lewis Group (LEW) is in a position to fight for all available sales this festive season, it said on Monday, 14 November. 15 Nov 2011
Building on its long success in KwaZulu-Natal and Gauteng, a Hirsch's Homestore will open in Milnerton, Cape Town on 1 April 2012. Described as the largest independently owned appliance company in South Africa, it will service the developing area of Table Bay. 15 Nov 2011
Furniture retailer Lewis Group on Monday, 14 November, reported diluted headline earnings per share of 374.9 cents for the six months ended September 2011 from 329.9 cents previously. Headline earnings per share were up 13.9% to 378.7 cents. 14 Nov 2011
The Spar Group on Wednesday, 9 November, joined the chorus of retailers highlighting challenging times ahead as new competitors enter an already cutthroat retail space. 10 Nov 2011
Engen 1-Plus has converted a dormant site in Wellington Road, Durbanville in the Western Cape into a convenience centre offering a QuickShop, car wash, corner bakery, fast food pizza offering, Equatorial Coffee and an ATM. 10 Nov 2011
South African grocery chain Spar Group on Wednesday, 9 November, reported a 3.3% rise in diluted headline earnings per share to 522.8 cents for the year ended September 2011 from 506.3 cents a year ago. 9 Nov 2011
Are smaller retail counters - known as alternative retailers - worth bagging for longer-term yields? 4 Nov 2011
Jo'burg fashionistas no longer need to trawl Europe's high streets to satisfy their appetite for retail therapy. A number of international brands - most notably iconic Spanish fashion house Zara - are making their eagerly awaited debut at Sandton City later this month. 4 Nov 2011
Clocking in a 25.6% rise in half-year profit, retail bigwig The Foschini Group (TFG) on Thursday, 3 November 2011, said it would embark on an aggressive expansion into the rest of Africa, adding 57 new stores over the next three years in countries like Nigeria and Mozambique. 4 Nov 2011
Deputy President Kgalema Motlanthe says that government is happy that giant US retailer Wal-Mart has chosen SA as an investment destination and that it had made a very comprehensive investment. 3 Nov 2011
The Foschini Group expects its basic and headline earnings per share (HEPS) for the six month period ended September 2011 to be between 23% and 26% higher than those reported for the corresponding prior period. 2 Nov 2011
Since I arrived in Gaborone in June 2011, the retail environment has just been getting better. One of the initial reasons that I rented our house in this area, (Broadhurst Ext 44) was the large sign, less than a kilometre away, that read "Sebele Centre opening end June - Pick n Pay, Woolworths and many more shops". 2 Nov 2011
In line with its aggressive African expansion plans, retailer Pick n Pay (PIK) on Friday, 28 October 2011, announced the opening of its second Mauritian store at Cascavelle in Mauritius. 1 Nov 2011
With the festive season around the corner, Africa's largest retailer, Shoprite is optimistic that consumers will continue to spend despite high levels of personal debt and escalating living expenses. 1 Nov 2011
Let's do Biz