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Retailers News

Source: Reuters/Sumaya Hisham
Source: Reuters/Sumaya Hisham
Pepkor Holdings Ltd said on Tuesday, 30 May that it would add 71 stores by the end of the year, bringing the total to 6,000 as it seeks to build market-share even as the country's power crisis burdens both retailers and consumers. 31 May 2023
Source: Reuters/Sumaya Hisham
Source: Reuters/Sumaya Hisham
Pep and Ackermans owner Pepkor Holdings Ltd posted an 11.7% drop in half-yearly earnings on Tuesday, 30 May, as customers prioritised spending on necessities amid a difficult working environment due to rolling blackouts and high inflation. 30 May 2023
Zara boosts omnichannel experience at newly refurbished Sandton flagship
Zara has reopened the doors of its new flagship store in Sandton City, Johannesburg, after shutting the store for a revamp at the start of this year. 9 May 2023
Source © Gardens Shopping Centre  Woolies has responded to the video of a live mouse in the chicken section at its Gardens Centre branch in Cape Town
Source © Gardens Shopping Centre Gardens Shopping Centre Woolies has responded to the video of a live mouse in the chicken section at its Gardens Centre branch in Cape Town
Last weekend a video circulated on social media showing a mouse inside a packet of chicken at the Woolworths Garden Centre store in Cape Town. 5 May 2023
Image supplied. The new concept Guess store in Sandton
Image supplied. The new concept Guess store in Sandton
Guess has launched its first flagship concept store in Pretoria, in Menlyn Park Shopping Centre. 5 May 2023
Source: ©The Brand Hopper  GAp Inc. joins the ranks of other US companies in downsizing its workforce
Source: ©The Brand Hopper The Brand Hopper GAp Inc. joins the ranks of other US companies in downsizing its workforce
Gap Inc. (Gap) is joining a growing list of US companies, such as Lyft, Goldman Sachs, Amazon, and Alphabet (Google's parent) that have recently downsized their workforces amidst growing uncertain economic conditions. 28 Apr 2023
Rebrand and retail refresh for 136-year-old Frasers
South African retail group FrontierCo - previously New House of Busby - has spruced up the country's oldest luggage retailer, Frasers, with a rebrand and updated store design. 25 Apr 2023
The Building Company's annual retail expo: Bigger and better than ever before!
15 February saw TBCo's General Building Material (GBM) trade show at the Cape Town International Convention Centre (CTICC), with Buco and Timbercity as hosts. Over a 100 suppliers, buyers and store managers from across the country attended. 24 Apr 2023
Edgars owner Retailability acquires kids clothing brand Keedo
Durban-based retail group Retailability has acquired South African children's clothing brand Keedo from Cape Union Mart Group. 13 Apr 2023
- Catchwords
Local and cross-border retail trading shine at Limpopo's Musina Mall
Musina Mall, the dominant shopping centre in Limpopo's heritage-rich town of Musina, is notching up excellent performance and continues to increase its trading metrics, shopper appeal and convenience. 12 Apr 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
South Africa's biggest retailer Shoprite Group has been approved for a secondary listing on A2X Markets. Shoprite Holdings Limited's ordinary shares will be available for trade on A2X from Tuesday, 11 April 2023. 4 Apr 2023
iStore opens Africa's first Apple Premium Partner store concept in Joburg
iStore has brought its Apple Premium Partner (APP) store concept to the African continent, launching the first store at Eastgate Mall in Johannesburg. 4 Apr 2023
Don't discount low-cost retail in South Africa
For retailers, relevance is reflected in a mirror of realities that must be understood with respect and met with dignity, especially in a diverse market such as South Africa. Low-cost retailers do this well. 29 Mar 2023
- OnPoint PR
CTM, celebrating 40 years of turning houses into beautiful homes
Turning houses into beautiful homes has been integral to CTM's business model. Since the leading specialist retailer in the market opened its trading doors in 1983, many South Africans have been able to turn their home renovation dreams into a reality - demystifying the notion that a beautiful home requires millions and millions of cash. And this year, CTM invites all South Africans to join them in celebrating 40 years of existence and 40 years of journeying with consumers to create their perfect sanctuary. 28 Mar 2023
Cofounder Brian Coppin reflects on 30 years of Food Lover's Market
Family-owned Food Lover's Market Group is celebrating 30 years of being in business, transforming from a single fruit and veg store into South Africa's largest privately-owned retailer. 23 Mar 2023
Cashierless 24-hour Spar store opens in Switzerland
Spar Switzerland and fuel retailer Avia recently opened the doors to the first 24-hour Spar Express forecourt store, located at Zurich's Sihlqui bus terminal. 17 Mar 2023
- Pareto Limited
Department of Home Affairs is open to service the needs of Tshwane at Menlyn Park Shopping Centre
The GCEO of Pareto Limited, Malose Kekana and Home Affairs Minister Dr Aaron Motsoaledi has officially opened a new Home Affairs office at the Menlyn Park Shopping Centre in Pretoria. 15 Mar 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Fashion and lifestyle retailer TFG said on Monday, 13 March that South Africa's rolling power outages are likely to have reduced the annual retail turnover of its African business by about R1bn. 13 Mar 2023
Shoprite expects diesel costs to remain high
South Africa's biggest supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, but says new store openings will drive growth in 2023. 8 Mar 2023
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Shoprite, South Africa's biggest supermarket group, posted a 10.2% rise in half-year earnings on Tuesday, 7 March, as both cash-strapped shoppers and upmarket consumers went after Black Friday and holiday deals. 7 Mar 2023
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