The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011. 6 Jan 2012
Despite an on-going drop in the number of shoppers frequenting shopping centres, the per capita spending pattern continues to bolster and support the trading performance of centres in general, according to a report released by the South African Property Owners Association (SAPOA) and Investment Property Databank (IPD). 30 Dec 2011
ROME, ITALY: Italian clothes maker Benetton signed a deal on Wednesday to restore a historic palace in Venice and turn it into a shopping centre as the watery city taps the private sector to help fund costly projects. 29 Dec 2011
Despite the Eurozone and the US economies reeling from crisis to crisis during 2011, and high levels of unemployment in SA, there has been evidence of an upturn in local retailing, according to SureSwipe, an independent credit and debit card swipe machine distributor. 23 Dec 2011
The latest cash withdrawal statistics released by Spark ATM Systems, one of SA's premier independent ATM deployers, on Tuesday revealed that festive season spending for December was fast gathering momentum and could reach its peak this coming week as more consumers head to the tills as the Christmas shopping deadline nears. 23 Dec 2011
LONDON, UK: There is no quick fix to solving the problem of declining high streets in the UK - their diversity and multiplicity makes it impossible to provide a solution to fit all cases as the review highlights. 22 Dec 2011
A new Food Lover's Market opens today, 15 December 2011, in Tokai, Cape Town in a fully renovated Fruit & Veg City store. The first store in the group to adopt this innovative retail design, following international trends, it offers many new food stations for an experiential retail environment. 15 Dec 2011
Food group AVI said on Tuesday that consolidated headline earnings per share for the continuing operations of the group for the six months ending December 2011 are expected to increase by between 20% and 30% over the comparable period in the prior year. 14 Dec 2011
On 8 December 2011, the shareholders of TM Supermarkets voted unanimously to allow Pick n Pay to purchase an additional 24% of shares, bringing its holdings up to 49%. The Competition and Tariff Commission of Zimbabwe agreed, subject to certain conditions pertaining to labour and local procurement of goods. 12 Dec 2011
Sandton City has added two new stores to its line-up - Simply Manas Gift Emporium and the adidas' concept store. 5 Dec 2011
Retailer Pick n Pay announced on Thursday, 1 December, that it had reached an agreement with the SA Commercial, Catering and Allied Workers Union (Saccawu) that would result in no forcible retrenchments. 1 Dec 2011
Pick n Pay today, 30 November, welcomed the decision of the Full Court of the Federal Court of Australia dismissing the appeal by the Australian Competition and Consumer Commission against the sale of Franklins to Metcash. Legal costs were awarded to Pick n Pay. 30 Nov 2011
Clothing, footwear and textiles retailer, Edcon on Wednesday said despite challenging global economic conditions, its results for the second quarter ended October 1 showed consistent improvement. 30 Nov 2011
The new Clearwater Mall Samsung brand store is its first brand store in Johannesburg, aimed at providing consumers with the ability to purchase any of its product offerings with the advice and expertise of sales staff that understand the brand and consumer specific needs. This is the sixth brand store in South Africa, after I'Langa Mall in Nelspruit that opened a month ago, and is approximately 300sqm. 30 Nov 2011
The Australian fashion labels Country Road and Trenery will be launching at Woolworths on 9 December 2011 at Mall of the North, the new super-regional shopping centre in Polokwane, Limpopo. 29 Nov 2011
Established in 2004, Biodiversity in Wine (BWI) is a pioneering partnership between the South African wine industry and the conservation sector, aims to protect and conserve the Cape's natural heritage by encouraging wine farmers to farm sustainably. Many of its wines are available from Woolworths. 25 Nov 2011
The strong financial performance of several local and global luxury goods companies in recent months has re-enforced the perception that this industry is fairly recession proof, however this is not always the case, according to Daniel Malan, Investment Director at asset management company RE:CM. 24 Nov 2011
Pick n Pay has opened it's third store in Zambia - the second in the country's capital Lusaka - the company announced today, 24 November. The new branch further indicates the group's confidence in the Zambian economy. It is one of five planned for the country over the next four years. 24 Nov 2011
Health and beauty chain Clicks on Wednesday, 23 November, said it anticipated normal trading during next week's strike called by the SA Commercial, Catering and Allied Workers Union (Saccawu), after the parties failed to reach agreement on Clicks' annual wage increase. 24 Nov 2011
At its AGM on Wednesday, consumer goods distributor Massmart reported that for the first 21 weeks of the 2011 financial year total sales growth was 15.2% and comparable sales growth was 8.8%, with year-to-date sales inflation running at 0.8%. 23 Nov 2011
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