Results for Pepkor

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Takealot competitor Everyshop officially launches
Takealot competitor Everyshop officially launchesArticle

The marketplace has been described as a likely Takealot competitor, with an extensive product range spanning electronics and appliances, furniture, fashion, beauty, fitness, DIY...

6 Apr 2021

Social Places survey results
Social Places survey resultsArticle

Social Places has released the stats from the second edition of their annual online local landscape survey. These stats offer insight into how South African consumers engage with businesses online...

Issued by Social Places 31 Mar 2021

Credit: Carsten Vollrath from Pexels
The human cost of Chinese cotton: how does it impact SA?Article

A recent report detailed how ethnic minority labourers in the Xinjiang region in China - which produces 20% of the world's cotton - are forced to pick cotton by hand through state-mandated schemes...

1 Mar 2021

Truworths to launch value clothing chain Primark
Truworths to launch value clothing chain PrimarkArticle

Truworths will open approximately 15 Primark stores over the next few months - a mix of standalone stores and others located in existing Truworths-owned stores...

23 Feb 2021

Acquisition of Pepkor's John Craig saves 400 jobs
Acquisition of Pepkor's John Craig saves 400 jobsArticle

The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs...

12 Feb 2021

Tasmika Ramlakan, Nedbank Corporate and Investment Banking
#BizTrends2021: A challenging year anticipated for SA retailersArticle

The circular relationship between retail sales, consumer spending and employment in SA means retailers are unlikely to be able to 'sell' themselves out of the situation in which they now find themselves...

Tasmika Ramlakan 18 Jan 2021

RLC November retail report reveals subdued clothing retail sales
RLC November retail report reveals subdued clothing retail salesArticle

A severely subdued Black Friday, with sales down 38.0% on last year. November sales down 10.7%...

4 Jan 2021

#BestofBiz 2020: Retail
#BestofBiz 2020: RetailArticle

Discover the most read content on Bizcommunity's Retail site over the past year...

14 Dec 2020

Pepkor's Paxi parcel service boasts impressive growth
Pepkor's Paxi parcel service boasts impressive growthArticle

Paxi, Pepkor's counter-to-counter parcel service that allows customers to send, collect and return parcels, has experienced exceptional growth since its launch in 2018...

9 Dec 2020

For local SMEs to thrive #DataMustFall
For local SMEs to thrive #DataMustFallArticle

South Africa still has some of the most expensive mobile data rates on the continent. In fact, from lowest to highest data tariffs, Research ICT Africa's Retail African Mobile Pricing (RAMP) Index ranked South Africa 33rd out of 46 African countries this year...

1 Dec 2020

RLC report unpacks fashion and homeware spend during lockdown
RLC report unpacks fashion and homeware spend during lockdownArticle

Shopping remains muted, and the market is still way off from a return to pre-lockdown levels...

19 Nov 2020

Refinery fashion now online - a first for Pepkor
Refinery fashion now online - a first for PepkorArticle

Local fashion brand Refinery has launched an online store, making it the first brand from Pepkor Group to take the leap into e-commerce.

26 Aug 2020

New brand identity for 55-year-old Pep
New brand identity for 55-year-old PepArticle

The refreshed branding is being rolled out systematically across more than 2,350 stores and will be expressed in every touchpoint across Pep, Pep Cell and Pep Home...

24 Aug 2020

Big standoff between retailers and landlords looms
Big standoff between retailers and landlords loomsArticle

Shopping centres and large retail outlets are bleeding. With most having to keep their doors closed during the lockdown period, revenue has slowed to a trickle...

Kagiso Mahlangu 7 May 2020

Property Industry Group updates relief guidelines
Property Industry Group updates relief guidelinesArticle

The Property Industry Group, in response to the extended lockdown, has now announced updated retail tenant assistance and relief guidelines...

28 Apr 2020

R2m food voucher system rolled out to at-risk communities
R2m food voucher system rolled out to at-risk communitiesArticle

Flash has partnered with the DG Murray Trust to launch a R2m electronic food voucher system to approximately 7,000 at-risk households in five food insecure communities...

24 Apr 2020

Landlord-tenant collaboration key to continuity in retail property sector
Landlord-tenant collaboration key to continuity in retail property sectorArticle

Perhaps unsurprisingly, given the lockdown, the retail sector is stacking up to be the hardest hit by Covid-19 in the short term...

Ridwaan Loonat 24 Apr 2020

Pepkor donates over R2m towards Covid-19 relief
Pepkor donates over R2m towards Covid-19 reliefArticle

Pepkor is supporting the fight against Covid-19 by donating a portion of senior leadership's salaries to relief efforts and having its clothing manufacturing division produce face masks...

23 Apr 2020

SA's major clothing retailers offer to pay 20% of rentals during lockdown
SA's major clothing retailers offer to pay 20% of rentals during lockdownArticle

Some of SA's largest clothing retailers - TFG, Truworths, Mr Price Group, Woolworths and Pepkor - have collectively offered to contribute R220m to landlords for rental and other costs during the lockdown...

14 Apr 2020

Equites to develop R1.3bn logistics warehouse facility for Pepkor
Equites to develop R1.3bn logistics warehouse facility for PepkorArticle

Equites Property Fund Limited (Equites) is set to develop a 122,734m2 logistics warehouse facility in Hammarsdale, KwaZulu-Natal for Pepkor at a total cost of R1.3bn...

22 Jan 2020

The past, present and future of design excellence in South Africa
The past, present and future of design excellence in South AfricaArticle

The Future Excellence Design Institute South Africa (Fedisa) is the top private fashion school in South Africa. Meagan Duckitt chats to founder and CEO, Allen Leroux, regarding the courses offered, the advantages of studying at Fedisa as well as its exciting future endeavours...

Meagan Duckitt 19 Aug 2019

Pep Clothing celebrates 50 years of local production
Pep Clothing celebrates 50 years of local productionArticle

Pep Clothing is celebrating 50 years of production in South Africa. The company, which is SA's largest clothing manufacturer under one roof, has reached this milestone birthday despite operating in a strained manufacturing environment...

13 Aug 2019

South African retail supply shows steady growth
South African retail supply shows steady growthArticle

Despite concerns of over-supply in certain locations, the retail market has shown steady growth with the number of shopping centres increasing from 1959 in mid-2017 to over 2000 at present...

5 Jul 2019

Edcon secures R2.7bn lifeline for restructuring plan
Edcon secures R2.7bn lifeline for restructuring planArticle

Edcon's latest recapitalisation deal will see the contribution of new cash commitments and rent reductions totalling approximately R2.7 billion into South Africa's largest clothing retailer...

4 Mar 2019

Steinbuild is now The Building Company
Steinbuild is now The Building CompanyArticle

Steinhoff Doors and Building Materials (SteinBuild) has changed its name to The Building Company, effective as from 28 January 2019...

1 Feb 2019

Steinhoff CEO Markus Jooste was an excessively dominant, forceful and feared boss. Shutterstock
Book on Steinhoff's demise shows danger of 'big men' business leadersArticle

The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as the biggest corporate scandal in South African history...

Mills Soko 27 Dec 2018

Book on Steinhoff's demise shows danger of 'big men' business leaders
Book on Steinhoff's demise shows danger of 'big men' business leadersArticle

The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as the biggest corporate scandal in South African history...

Mills Soko 16 Nov 2018

Real Foods appoints ex-CEOs Kevin Hedderwick and Antony Ball
Real Foods appoints ex-CEOs Kevin Hedderwick and Antony BallArticle

Former Famous Brands group chief executive Kevin Hedderwick has joined the Real Foods board as group strategic director, while former Brait CEO Antony Ball has joined the Real Foods board...

15 Oct 2018

Court probes 'unsecured credit' by Capfin
Court probes 'unsecured credit' by CapfinArticle

Steinhoff International's troubles continue to mount. On Thursday, the Cape High Court began to interrogate the controversial lending practices of Capfin, which provided unsecured credit to customers of Pepkor and Ackermans...

Ann Crotty 16 Feb 2018

Steinhoff unable to give details of irregularities
Steinhoff unable to give details of irregularitiesArticle

Steinhoff's eagerly awaited presentation to a group of its bankers was met with dismay on Tuesday, as the global furniture retailer said that it could still not quantify the magnitude of the "accounting irregularities"...

Giulietta Talevi 21 Dec 2017

Reshuffle of Steinhoff's management board sees three new appointments
Reshuffle of Steinhoff's management board sees three new appointmentsArticle

Steinhoff International promoted its chief operating officer, Danie van der Merwe, to acting CEO on Tuesday...

Robert Laing 20 Dec 2017

Claims against Steinhoff uncover revolving tangle of dodgy deals
Claims against Steinhoff uncover revolving tangle of dodgy dealsArticle

The Steinhoff International management stands accused of cooking the books to hide losses and inflate earnings. But what exactly might it have done and how?

Hanna Ziady 14 Dec 2017

Image credit:
Markus Jooste quits as Steinhoff CEOArticle

Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer's results scheduled for release on Wednesday...

Robert Laing 6 Dec 2017

Material hurdles remain
Material hurdles remainArticle

For a short while, some time around 2014, it looked as if the clothing, textile, footwear & leather (CTFL) sector was beginning to recover after almost 20 years of crippling pressure...

20 Nov 2017

Wiese, Steinhoff take full control of Shoprite
Wiese, Steinhoff take full control of ShopriteArticle

Steinhoff and Christo Wiese are to emerge as the outright controlling shareholders of Shoprite after Shoprite shareholders' backed the repurchase of 8.7-million shares...

Ann Crotty 7 Sep 2017

Dunes Mall opens in Walvis Bay in October
Dunes Mall opens in Walvis Bay in OctoberArticle

Walvis Bay gets ready to welcome Dunes Mall, a 27,500 m2 development from South African property developer and investor Atterbury...

7 Sep 2017

Steinhoff Group restructures Unitrans Automotive Group operations
Steinhoff Group restructures Unitrans Automotive Group operationsArticle

The Steinhoff Group is restructuring the Unitrans Automotive Group's operations by moving all automotive divisions and companies into a single structure...

28 Jun 2017

Markus Jooste. Image credit: Financial Mail
Africa makes winning case for SteinhoffArticle

Steinhoff's African and East European assets outperformed the group's operations elsewhere. The performance of the African assets...

Colleen Goko 12 Jun 2017

Steinhoff lifts first-half operating profit by 13%
Steinhoff lifts first-half operating profit by 13%Article

Global retailer Steinhoff reported on Wednesday that interim operating profit to end March rose 13% to 903m...

8 Jun 2017

Nod for Steinhoff Africa assets spin-off
Nod for Steinhoff Africa assets spin-offArticle

Analysts have praised Steinhoff's decision to list its African assets separately, saying the move allows the businesses to emerge from the shadow of its international operations...

Colleen Goko 19 May 2017

New Alex Mall offers more than retail
New Alex Mall offers more than retailArticle

Johannesburg Mayor, Herman Mashaba, officially unveiled the Alex Mall noting that the mall is a great stepping stone for Alexandra...

6 Apr 2017

Pepkor Africa appoints new MD
Pepkor Africa appoints new MDArticle

Garth Napier has been appointed managing director of retail chain Pepkor Africa, reporting to the Pepkor Africa Group MD, Leon Lourens...

1 Feb 2017

The benefits of private Wi-Fi solutions for retail
The benefits of private Wi-Fi solutions for retailArticle

Marius Visser, executive: Business Solutions at Metacom explains how business decision makers can benefit from Wi-Fi solutions and suggests things to think about when implementing one...

7 Oct 2016

A sign is seen in a Poundland store in London.
Picture:
Steinhoff bags UK discount retailerArticle

After a tough six months in its quest for European expansion, Steinhoff has finally sealed a deal with UK discount retailer Poundland Group, agreeing to a £597m cash offer...

14 Jul 2016

Retailers win music pay battle
Retailers win music pay battleArticle

The Constitutional Court has dismissed a case between the SA Music Performance Association and six of the country's biggest retailers regarding needle-time royalties - meaning music royalty rates will remain the same for musicians...

22 Jun 2016

Outgoing Poundland CEO Jim McCarthy poses for a photograph in a store in London, the UK.
Picture:
Steinhoff reveals twist in pursuit of PoundlandArticle

Steinhoff International, after revealing itself as the mystery buyer of a sizeable stake in UK retailer Poundland, had by Thursday snapped up 23% of the discount store chain...

Fifi Peters 17 Jun 2016

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