SA retail stores gear up for Black Friday mayhem

20 minutes ago

Traditional retailers and online stores are gearing up for a Black Friday rush, which is likely to give some SA retail outlets a pre-Christmas boost.

Top 8 retail trends in SA

2015-11-20 08:00

Urbanisation is the top trend driving retail in South Africa at the moment, according to Gavin Tagg, managing director of Retail Network Services.

Mr Price lifts H1 profit, shares rise

2015-11-18 20:01

SA's biggest listed clothes retailer Mr Price has reported a 16.6% rise in half-year profit as cash-strapped consumers flock to its no-frills stores.

SA companies buy biggest mall in Lagos

2015-11-17 21:00

In a strategic move, a South African real estate investment trust and a JSE-listed real estate capital growth fund have bought the largest mall in Lagos, Nigeria.

Famous Brands brings PAUL to SA

2015-11-17 13:12

After two years of negotiations, Famous Brands has signed an agreement with French bakery-café chain PAUL to become its SA licensed partner for a ten-year period.

Foschini shows strong sales on UK acquisition

2015-11-12 17:54

The Foschini Group has produced strong sales growth, boosted by the acquisition of UK-headquartered international womenswear brand Phase Eight.

Gillwell Taxi Rank Park to optimise E London spending power

2015-11-11 17:13

The Gillwell Taxi Retail Park, set to open in East London's CBD, has been developed for Dipula Income Fund by Isibonelo Property Services and Eris Property Group.

Spar posts R6.4bn profit rise

2015-11-11 10:58

Retailer Spar has posted a gross profit increase of R6.4bn for the year to end-September, while headline earnings per share rose 6.9%.

Tribunal rules in favour of Pioneer Foods merger

2015-11-09 20:00

Pioneer Foods has welcomed the Competition Commission Tribunal’s decision to approve its proposed merger with Future Life.

Edcon faces fine for breaching credit act

2015-11-08 12:02

Edcon has been wrongly charging consumers a fee for clubs linked to store cards, according to the National Credit Regulator.


Luxury brands team up to 'surprise and delight'

2015-11-24 07:02

Luxury brands have to stay abreast of changes in consumer spending, continuing to move the "dial" and secure love brand status with new and existing customers.

Edcon in debt refinance talks

2015-11-19 20:02

Edcon Holdings is in talks to refinance debt as the company seeks to increase cash flow and to focus on attracting more customers to its stores.

SA's retail sales below expectations

2015-11-18 16:48

SA's retail sales grew below expectations at 2.7% year-on-year in September after expanding by a revised 4% in August.

Walmart tops earnings estimates, CEO pursues shift

2015-11-17 16:15

Walmart has topped profit estimates and increased the low end of its annual forecast, a sign the retailer is making progress reining in costs.

OK Zim reports sharp drop in profit

2015-11-13 15:13

Zimbabwe’s biggest grocery retailer OK Zimbabwe has posted a 71.6% half-year profit drop amid fierce competition and as stretched consumers opted for cheaper offerings.

91 Koeberg Mall brings urban renewal in CT

2015-11-12 17:31

91 Koeberg Mall in Koeberg Road, Brooklyn, Cape Town, is a sign of the private sector bringing urban renewal to this suburb.

Sainsbury sees no end to UK grocery deflation

2015-11-11 14:57

Sainsbury says there’s no end in sight to the falling grocery prices that have blighted the UK supermarket industry as a price war dented first-half profit.

McDonald's creates 11 500 SA jobs in 20 years

2015-11-11 07:50

Global fast food giant McDonald's is celebrating its 20th anniversary in South Africa and the CEO reveals there is more to come.

Lewis buys Ellerines, Beares stores to expand African footprint

2015-11-09 10:49

Furniture retailer Lewis Group has acquired more than 60 Ellerines and Beares stores in southern Africa to expand its footprint on the continent .

Earthchild, Naartjie buys pay off for Truworths

2015-11-05 17:14

Truworths' share price has surged close to 11% after the retailer said its sales for the first 18 trading weeks of the 2016 year hit R4.4bn.

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