The marketplace has been described as a likely Takealot competitor, with an extensive product range spanning electronics and appliances, furniture, fashion, beauty, fitness, DIY...
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
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...
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...
The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs...
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
A severely subdued Black Friday, with sales down 38.0% on last year. November sales down 10.7%...
Discover the most read content on Bizcommunity's Retail site over the past year...
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...
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...
Shopping remains muted, and the market is still way off from a return to pre-lockdown levels...
Local fashion brand Refinery has launched an online store, making it the first brand from Pepkor Group to take the leap into e-commerce.
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...
Hands up, who misses going to the mall?
Julie-Anne Bell 5 Jun 2020
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
The Property Industry Group, in response to the extended lockdown, has now announced updated retail tenant assistance and relief guidelines...
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...
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 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...
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...
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...
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 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...
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...
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...
Steinhoff Doors and Building Materials (SteinBuild) has changed its name to The Building Company, effective as from 28 January 2019...
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
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
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...
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'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
Steinhoff International promoted its chief operating officer, Danie van der Merwe, to acting CEO on Tuesday...
Robert Laing 20 Dec 2017
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
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
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...
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
Walvis Bay gets ready to welcome Dunes Mall, a 27,500 m2 development from South African property developer and investor Atterbury...
The Steinhoff Group is restructuring the Unitrans Automotive Group's operations by moving all automotive divisions and companies into a single structure...
Steinhoff's African and East European assets outperformed the group's operations elsewhere. The performance of the African assets...
Colleen Goko 12 Jun 2017
Global retailer Steinhoff reported on Wednesday that interim operating profit to end March rose 13% to 903m...
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
Johannesburg Mayor, Herman Mashaba, officially unveiled the Alex Mall noting that the mall is a great stepping stone for Alexandra...
Garth Napier has been appointed managing director of retail chain Pepkor Africa, reporting to the Pepkor Africa Group MD, Leon Lourens...
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...
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...
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...
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