Apollo Brands, the official distributors of Under Armour in South Africa, recently opened the doors to its latest Brand House City Concept (BHCC), located in The Zone @ Rosebank mall in Johannesburg. 6 Dec 2022
La Lucia Mall on the east coast of KwaZulu-Natal now offers even more lifestyle shopping variety with the introduction of Seattle Coffee and Tafelberg Furnishers and the stunning upgrade of its Food Lover's Market. 6 Dec 2022
Collapsed fashion chain Joules has been rescued from administration by British multinational retailer Next and Joules founder Tom Joule in a £34m deal. The acquisition is expected to save 1,450 jobs and keep 100 of the current 124 Joules stores open in the UK and Ireland. 2 Dec 2022
Source: Reuters/Siphiwe Sibeko
South African fashion and homeware retailer TFG is open to buying retail companies coming up for sale in Britain, its CEO Anthony Thunström said on Wednesday, 30 November, at a time when clothing retailer Joules Group has gone into administration. 1 Dec 2022
The Food Lover's Market Group, South Africa's largest privately-owned retailer, has invested R20m into refurbishing its Weskus Mall store in the Western Cape. The revamp forms part of the group's R400m investment into store development. 25 Nov 2022
Global convenience retail franchise brand Circle K has landed in South Africa, with the first store opened in Pretoria yesterday, 24 November. The launch marks the beginning of a multi-store rollout planned for the coming months and is part of a bigger forecourt deal with Puma Energy, which will allow Circle K to benefit from the fuel retailer's 100-plus site footprint across SA. 25 Nov 2022
Source: Reuters/Siphiwe Sibeko
Mr Price Group Ltd posted slower half-year sales growth on Thursday, 24 November, impacted by power cuts, the disruption of replacing a software system and a delay to the pandemic grant payments its low-income shoppers depend on. 24 Nov 2022
The first Jet Cellular standalone store opened at the Cosmo Mall in Gauteng on 24 November. More Jet Cellular store launches will follow this December at Jubilee Crossing, Diepsloot Mall, Hebron Mall and Umlazi as the retail brand expands its footprint in the mobile market. 24 Nov 2022
Source: Massmart
American multinational retail corporation Walmart has concluded the R6.4bn deal to secure full ownership of African retail giant Massmart. As of this week, Massmart has been delisted from the Johannesburg Stock Exchange and is now a fully-owned Walmart subsidiary. 23 Nov 2022
Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement seen by Reuters on Tuesday, 22 November, showed. 23 Nov 2022
Source: Pepkor
Pepkor Holdings, owner of South African discount retailer brands Pep and Ackermans, reported a 20.1% jump in full-year earnings on Tuesday, 22 November, as cash-strapped shoppers fuelled demand at its expanding chains of discount stores. 22 Nov 2022
Black Friday is an international sales beast that is gaining marked traction in the South African retail landscape. Savvy online buyers and sellers alike have got plenty to gain around this sales period... 21 Nov 2022
Source: Reuters/Siphiwe Sibeko
OBC Better Butchery has lodged a complaint with the Competition Commission, accusing supermarket retailer Spar of "vigorously enforcing exclusivity clauses" against landlords, thus preventing competition (in this case OBC) from setting up shop in certain malls... 18 Nov 2022
Source: Reuters/Siphiwe Sibeko/File Photo
South African fashion and food retailer Woolworths expects half-year earnings to rise more than 20% year-on-year as customers return to its stores, particularly in Australia, following prolonged pandemic lockdowns. 16 Nov 2022
Source: Reuters/Siphiwe Sibeko
Spar Group Ltd reported on Wednesday, 16 November a 3% fall in full-year earnings due to a rise in expenses, but turnover rose as the grocery retailer raised its promotional calendar to continue attracting cash-strapped consumers. 16 Nov 2022
Shoppers leave the Shoprite store in Daveyton, South Africa 23 May 2018. Reuters/Siphiwe Sibeko/File Photo
South Africa's biggest grocery retailer Shoprite Holdings reported on Monday first-quarter sales growth of 18.6% as financially constrained consumers flocked to its budget chains for discounts. 14 Nov 2022
TFG CEO Anthony Thunstrom. Source: Supplied
Fashion and lifestyle retail group TFG grew retail turnover for the first half of the financial year by 23.5%, boosted by its Tapestry Home Brands acquisition, local clothing manufacturing drive and continued store rollout and upgrades. 11 Nov 2022
Source: Supplied
South African retailer Absolute Pets is on a positive growth trajectory, having expanded from just eight stores in 2013 to 137 in 2022. 11 Nov 2022
Retail in the Cape Town CBD, which accounted for more than a third of the businesses operating in the city centre last year, has proved resilient despite ongoing Covid shocks. Of the 2,981 businesses operating in the central city last year, 39% were retail venues, with a total of 81 new retail stores opening in town during 2021. 3 Nov 2022
Pick n Pay has unveiled its re-designed Waterstone flagship store in Somerset West, the model for what customers can come to expect at all revamped Pick n Pay stores in the future. 28 Oct 2022
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