The Shoprite Group has opened the doors to its first new format Checkers Foods supermarket in the Western Cape, located in the historic town of Franschhoek. The new foods-focused format was developed to cater to growing demand from customers for Checkers stores in their neighbourhoods. 4 Apr 2022
The last two years have been particularly challenging for the South African economy. Lockdowns imposed to limit and alleviate pressure on healthcare facilities and healthcare workers had the unintended consequence of causing economic turmoil. 30 Mar 2022
Bertina Engelbrecht, Clicks Group CEO (centre) at the opening of Clicks 800th store at Somerset Crossing Shopping Centre with (left to right) Vikash Singh (Clicks managing executive), Gift Jeffrey (Clicks area manager), Dhevan Pillay (Clicks chief store operations officer) and Musa Mkhwanazi (Clicks regional manager). Photo credit: Jaco Cilliers Photography.
Pharmacy, health and beauty retailer Clicks has opened the doors to its 800th store, located at Somerset Crossing in the Western Cape. The company aims to open between 25 and 30 new stores each year with an overall target of 900 stores situated throughout South Africa by 2026. 29 Mar 2022
The 17th Cleaver Awards recognised South Africa's best butcheries, following a tough 24 months for the red meat industry and the country's agricultural sector at large. 25 Mar 2022
Pick n Pay is the first big supermarket chain in South Africa to launch in-store 'vertical farm' displays to show customers a sustainable and locally-grown modern farming solution. The vertical farms will grow various lettuce leaves and herbs from seeds, right in Pick n Pay's fresh produce section. 22 Mar 2022
Steve Rowe is stepping down as chief executive officer of Marks & Spencer (M&S) after six years in the role and nearly 40 years working at the British multinational retailer. Rowe will be succeeded by two co-CEOs - Stuart Machin and Katie Bickerstaffe, who are currently M&S's joint chief operating officers. 14 Mar 2022
A wave of European and North American retailers and brands have suspended operations in Russia following the Federation's invasion of Ukraine and the imposition of sanctions. 11 Mar 2022
South Africa's largest grocery retailer Shoprite Holdings Ltd reported on Tuesday a rise of 25.5% in half-year earnings, and said it expects selling price inflation to move higher during the second half of its financial year. 8 Mar 2022
Source: Reuters/Siphiwe Sibeko
Game and Makro owner Massmart Holdings is eyeing R9.4bn in additional sales in the next five years through store expansion, the retailer said, after reporting a wider annual loss on Monday that sent its shares down more than 13%. 7 Mar 2022
In its inaugural impact report, the Cotton On Group has pledged to strengthen its commitment to sustainability and purpose-led business by setting goals for carbon neutrality, water & plastic reduction, ethical sourcing, and more. 7 Mar 2022
Fashion and lifestyle retail group TFG has entered into an agreement with Tapestry Home Brands (Tapestry), a prominent home furnishings group, to acquire the entire share capital of Tapestry for a cash purchase consideration of R2.35bn, representing around 5% of TFG's market cap. 7 Mar 2022
The World Retail Congress taking place in Rome, Italy in April will honour Stefan Persson, former chairperson and CEO of H&M, into the World Retail Hall of Fame. 4 Mar 2022
Over 10-million South African adults and almost three million children experience hunger each week in South Africa. Some 2.5 million adults and 600,000 children experience hunger almost every day. 4 Mar 2022
Source: Reuters/Mike Hutchings
South African fashion retailer Truworths International Ltd reported a 32.2% increase in half-year profit on Thursday, sending its shares up more than 8% as its business recovered to pre-pandemic levels due to eased restrictions. 18 Feb 2022
Source: Spar
In a trading update for the 18 weeks to end January 2022, retailer Spar announced that its consumer-facing e-commerce delivery platform Spar2U will be available in Johannesburg in March 2022. 16 Feb 2022
After completing the Youth Employment Service programme with Shoprite in September 2021, Anelisa Mlondi was offered an employment contract by the retailer and now works as a cashier at Shoprite Kraaifontein. Source: Supplied
The Shoprite Group, South Africa's largest private sector employer with over 140,000 direct employees, created an additional 4,608 jobs during its past financial year, despite the effects of the lockdown and unrest on retail trade. 9 Feb 2022
JSE-listed Pepkor, which owns retail brands including Pep, Ackermans and Incredible Connection, has acquired Brazilian value retailer, Avenida, effective from 4 February 2022. Pepkor, which is Southern Africa's largest retailer by store footprint, plans to significantly grow Avenida's presence in Brazil. 3 Feb 2022
Choose and no queues. Source: Alamy Stock Photo/xiu bao
There have never been so many different ways to shop for groceries. The biggest chains offer customers a choice of vast superstores, smaller branches, and online options to buy from home. 2 Feb 2022
Pop megastar turned fashion and beauty mogul Rihanna has opened the doors to her first Savage X Fenty store, located at a shopping mall on Las Vegas. The new store is the first of five brick-and-mortar Savage X Fenty storefronts planned for opening in the US this year, as Rihanna expands the presence of her popular lingerie brand, which she co-owns with LVMH. 28 Jan 2022
Amazon will launch its first brick-and-mortar clothing store, dubbed Amazon Style, later this year in Los Angeles. 27 Jan 2022
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