Truworths International, the owner of Truworths, YDE and Identity, Uzzi and Earthchild, has opened 30 of the 57 stores that had been impacted directly during the civil unrest in Gauteng and KZN in July. 17 Aug 2021
Source: Reuters/Mike Blake
Scandal-hit South African retailer Steinhoff International said on Wednesday it was increasing its proposed lawsuit settlement offer by R3,21bn ($217m), taking the total to €1,43bn... 12 Aug 2021
After having approximately 10% of its stores damaged during last month's riots, Pepkor says it expects to have more than 350 of the more than 500 looted stores up and running by the end of September. 5 Aug 2021
Woolworths Holdings Limited (WHL) has announced its next set of Good Business Journey sustainability goals, which focus on traceability, transparency, circularity, diversity and inclusivity as well energy and carbon emissions. 29 Jul 2021
A total of 184 Spar Group stores - including 62 Tops liquor stores and 31 Build It stores - were impacted by varying degrees of looting and damage during the civil unrest that took place two weeks ago. One Spar truck was also lost in the violence. 26 Jul 2021
Rosebank Mall in Johannesburg will soon be home to the first Soko District, a new multi-brand retail concept that aims to re-tell the retail story. The shopping space will feature various brands across apparel, footwear, fashion accessories, food, babywear, furniture and homeware. 26 Jul 2021
South African retailer Pepkor Holdings reported on Friday a 13.9% rise in revenue for the nine months through June, rebounding from a low base in 2020 when it could hardly trade at all in some months due to lockdown restrictions. 23 Jul 2021
The civil unrest in South Africa last week had a significant impact on the Pick n Pay group's operations in the affected areas - particularly in KwaZulu-Natal - as a result of physical damage to property, looting of stock and an interruption to trade, Pick n Pay said in a shareholder update on Tuesday. 23 Jul 2021
Source: Shoprite Group
Last week's civil unrest resulted in damage to more than 200 stores within the Shoprite Group. 21 Jul 2021
South Africa's Competition Tribunal has approved the sale of Yuppiechef to the Mr Price Group. 21 Jul 2021
A screen grab taken from a video shows the damage inside a shopping mall following protests. Source: Courtesy Kierran Allen/via Reuters
TFG and Pepkor, two of South Africa's most prominent retail groups, have reported damage to nearly 700 stores and other facilities as a result of the violent riots and looting that took place in KwaZulu-Natal, parts of Gauteng and elsewhere in the country last week. 19 Jul 2021
Woolworths Holdings said on Monday group sales for the 52 weeks ended 27 June were expected to rise by 9.7% as trading across the group continued to recover from the impact of Covid-19 restrictions. 19 Jul 2021
South Africa's big retailers are working round the clock to replenish shelves with food in hundreds of stores looted [last] week in some of the country's worst unrest for years, they said on Friday. 19 Jul 2021
Two Mattress Firm stores, a brand owned by Steinhoff, are shown on either side of the street in Encinitas, California, US. Source: Reuters/Mike Blake
Scandal-hit South African retailer Steinhoff International said on Friday it was increasing its proposed offer to settle multiple shareholder claims by €243m ($287m) to €1,2bn ($1,4bn). The announcement sent its Johannesburg-listed shares up 12.66%, while its primary Frankfurt-listed shares jumped by 15.33%. 19 Jul 2021
South Africa is reeling from the devastation caused by the violent riots this past week, but Pieter Boone, who succeeded Richard Brasher as Pick n Pay's group CEO in April this year, has reassured affected communities that relief is on the way. 16 Jul 2021
The intensity and frequency of riots eased on Thursday, and businesses and residents are in the throes of repairing the damage to property and clearing the debris that has resulted from days of looting, arson and vandalism in KwaZulu-Natal and parts of Gauteng. 16 Jul 2021
A week of violence that has engulfed South Africa slowly began to ebb on Thursday, and people counted the cost of an orgy of arson and looting that has destroyed hundreds of businesses and killed at least 70 people. 15 Jul 2021
South Africa's liquor industry, including the South African Liquor Brandowners Association (Salba), the National Liquor Traders (NLT) and the Beer Association of South Africa (Basa) is urging government to declare a State of Emergency as more than 200 liquor shops have been looted in KwaZulu-Natal and Gauteng during the ongoing protests. 15 Jul 2021
Multiple retailers and shopping centres in Gauteng and KwaZulu-Natal have limited their operations or closed their doors temporarily as civil unrest and looting continues. 14 Jul 2021
Yet another familiar fashion retailer is about to disappear from the British high street. The once-mighty Gap is the latest brand to pull down the shutters. 5 Jul 2021