Massmart retailer Game is continuing the rollout of its Retail Reimagined turnaround strategy, and unveiled its new-look Kenilworth Centre store in Cape Town on 23 September. 27 Sep 2021
The past year has been a year like no other. The impact of the pandemic on the world as we know it, has been staggering. While online shopping skyrocketed with consumers stuck at home, many shopping centres, malls and the like, were negatively impacted, with shoppers staying away from public areas as a result of apprehension or due to stringent lockdown regulations. 27 Sep 2021
Vikesh Ramsunder has resigned as chief executive officer of the Clicks Group, and will be replaced by Bertina Engelbrecht, who will be the first woman of colour to lead the company. 23 Sep 2021
Source: Shoprite Group
Majid Al Futtaim, a Carrefour franchise holder, has reached a deal to take over six stores in Uganda from South African retailer Shoprite, it said on Wednesday. 16 Sep 2021
Source: Clicks Group
The Clicks Group has said that its total South African Special Risks Insurance Association (Sasria) claim related to the civil unrest in July amounts to R726m, comprising loss of stock of R522m (carrying value of R334m), replacement of fixed assets of R182m (carrying value R61m) and other costs of R22m. 15 Sep 2021
The Covid-19 pandemic, and particularly the recent civil unrest, brought to light the indispensable role that businesses in the food retail chain play in keeping the nation fed and its wheels turning. 14 Sep 2021
On 1 August this year, Herman Venter stepped into the role of vice president at well-known building materials and home improvement retail chain Builders. 7 Sep 2021
Source: Reuters/Mike Blake
South African retailer Steinhoff International on Monday said it had gained approval for its proposed lawsuit settlement offer to claimants who lost money when it revealed holes in its accounts in December 2017. 7 Sep 2021
Source: Reuters/Mike Hutchings
Fashion retailer Truworths International Ltd reported a 26.8% increase in annual profit on Thursday as Covid-19 lockdown restrictions eased in South Africa. 3 Sep 2021
Puma has reopened the doors to its store in Durban's Gateway Theatre of Shopping, following a significant refurbishment and extension that now makes it the largest Puma store in South Africa. 31 Aug 2021
Source: ReutersSiphiwe Sibeko
The Saltzman family, who founded pharmacy retailer Dis-Chem, has sold a portion of its shareholding in the company to a BEE consortium. 31 Aug 2021
Source: Massmart
Massmart is disposing of all its general merchandise Game stores in West and East Africa to stem losses in that struggling business, chief executive Mitch Slape said on Friday, after the Walmart majority-owned retailer reported a narrower half-year loss. 27 Aug 2021
Source: Reuters/Rogan Ward
Woolworths Holdings resumed dividend payouts on Thursday after its annual profit surged 212.5%, as the South African retailer continued to see signs of recovery from the Covid-19 fallout and benefited from Australian property sales. 26 Aug 2021
Source: Reuters/Siphiwe Sibeko
Pharmacy retailing chain Dis-Chem said on Tuesday its revenue was up 16.3% to R13bn in the 22 weeks to 6 Aug, compared with a year before. 25 Aug 2021
Adidas has launched a Women's Store in Cape Town, marketing the concept as a "fully-inclusive and highly-considered" premium shopping experience for women. 24 Aug 2021
South Africa's largest grocery retailer Shoprite Holdings said on Monday it is withdrawing from Uganda and Madagascar, adding to its growing list of African departures. 23 Aug 2021
Chief executive officer of Woolworths South Africa, Zyda Rylands, is stepping down from the role, effective from 30 September 2021. Woolworths will not retain the Woolworths South Africa CEO position as the retailer seeks to streamline its operating model. 23 Aug 2021
Mr Price Group said that sales and other income in the 18 weeks ended 7 Aug rose 48.8% to R8,6bn, supported by the recent acquisitions of Power Fashion and upmarket homeware business Yuppiechef. 23 Aug 2021
Source: Massmart
Massmart is selling its non-core food assets - including Cambridge Food, Rhino and Massfresh - to its rival Shoprite Holdings for R1,36bn to focus on businesses with high returns, the South African retailer controlled by Walmart said on Friday. 23 Aug 2021
The Shoprite Group has officially launched its digital business unit, dubbed Shopritex, and is also trialling a cashless, checkout-free Checkers Rush concept store at the new unit's office in Cape Town. 18 Aug 2021
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