South Africa will compete for retail investment with countries other than China, Brazil, Russia and India, its partners in the BRICS grouping, as consumer spending doubles in the next decade, according to research by AT Kearney, the management consultancy. 23 May 2012
Holdsport (HSP) has reported a strong set of maiden results for the year ended February 2012 with core headline earnings per share rising 22.5% to 387.4 cents. 18 May 2012
Following the success of its inaugural Cheese Makers Challenge, Woolworths will run the competition again this year. 16 May 2012
Spar Group's half-year results are solid rather than spectacular, the company's CEO Wayne Hook said on Wednesday, 9 May 2012. 10 May 2012
Retailer Spar Group on Wednesday, 9 May 2012, reported diluted headline earnings per share of 283.6 cents for the six months ended March 2012 compared with 262.1 cents a year ago. HEPS were up 9.1% to 305.4 cents. 9 May 2012
Following customers' requests for high-end men's clothing, Delbro Premium has opened up in Port Elizabeth's Westbourne Road. Delbro was founded in North End as a gentleman's clothing store in 1946, by Hashik Dullabh's late grandfather, Thakor Dullabh. 9 May 2012
Guy Hayward, who has been Chief Financial Officer of Massmart Holdings (MSM) since 2001, is to assume the role of Chief Operating Officer reporting to the CEO and will continue on the Massmart Board, the company said Tuesday, 8 May 2012. 8 May 2012
Any doubts that consumers are under pressure have been laid to rest by Clicks Group's latest interim results to February. "Consumers are facing headwinds, especially those in Clicks' core market, the middle income segment," says Clicks CEO David Kneale. 4 May 2012
Thomas Pink, a renowned London shirt maker and part of the Louis Vuitton Moet Hennessey (LVMH) group of luxury brands, opens in Hyde Park Corner Johannesburg in June 2012. Meticulous attention to detail, exclusive fabric and exquisite craftsmanship are hallmarks of this international brand. 4 May 2012
Retailing in Gaborone just took another upswing with the opening of the Airport Junction, within the newly developed precinct in which Builders Warehouse opened last year. 3 May 2012
Upmarket retailer Woolworths (WHL) has fired its first salvo in the trolley wars, with the opening of its R20 million full-line supermarket on William Nicol Drive in Johannesburg - just a hop, skip and a jump away from rival Pick n Pay's (PIK) premium flagship store. 30 Apr 2012
Hackett London launched its second South African store in Sandton City's new mall space at an event late last week. The flagship men's outfitters joins the other at OR Tambo International Airport in offering British style. 30 Apr 2012
Despite tough trading conditions, retailer Clicks (CLS) has reported a 7.6% rise in diluted headline earnings per share to 131.5 cents for the six months ended February from 122.2 cents a year ago. 26 Apr 2012
Local retailers should take advantage of Wal-Mart's weaknesses, rather than competing on price, which is one of its greatest edges, Natalie Berg, global research director of retail analyst firm Planet Retail said. 25 Apr 2012
Health and beauty retail and supply chain Clicks Group (CLS) will this week release its half-year results. 24 Apr 2012
Retailer Pick n Pay and BP Southern Africa have formally combined forces which will see the roll out of small-format Pick n Pay stores located at BP service stations in the major metropolitan areas across SA, the companies said on Monday, 23 April 2012. 23 Apr 2012
On the evening of Thursday 19 April 2012, the executive mayor, Alderman Patricia De Lille officially opened the new Lindt Chocolate Studio & Boutique at the Cape Quarter Lifestyle Village. Described as the only chocolate store of its kind in Africa, the mayor put her hands and feet in chocolate cement on its 'chocolate walk of fame'. 23 Apr 2012
If one were to review the reasons for a failed business, mistakes in marketing, finance and employment are hardly ever the primary factors. Many companies go under despite a solid product offering, skilled resources and detailed financial plans. 20 Apr 2012
Retailer Pick n Pay on Wednesday, 18 April 2012, reported headline earnings per share of 160.78 cents for the year ended February 2012, a decrease of 15.1%. 18 Apr 2012
Though operational results for the second half of Pick n Pay's financial year are expected to show an improvement, the group's fervent investment in its turnaround strategy is likely to have had a negative impact on profit growth for the year. 17 Apr 2012
