ARTICLES RELATING TO RETAIL

UK boost for Foschini sales

2016-05-27 18:35

The Foschini Group has posted an increase of 31.2% in retail sales, with the group's UK fashion brand Phase Eight surpassing expectations.

Surviving the business of disruption

2016-05-25 06:00

Companies must be aware of disruptions in the business world in order to shift the way they approach the workplace, warns trend analyst Dion Chang.

Sustainable certification worth it - Fairtrade

2016-05-24 16:16

As consumers become more discerning, all aspects of systems in the supply chain need to be accountable, says Arianna Baldo, executive director of Fairtrade SA.

Pioneer seeks cost cuts even as profit gains

2016-05-23 18:38

Pioneer Food Group will look to curtail costs as it sees the local environment “remaining difficult” amid high corn prices and a weak rand.

Mr Price declares dividend

2016-05-23 16:08

Mr Price Group has declared a final gross cash dividend for the 53 weeks ended April 2 2016.

How shopper was duped into parting with cash

2016-05-20 15:53

A shopper who has been duped by fraudsters to part with her hard-earned cash, bank card and pin has come forward to warn other shoppers of a "discount voucher" scam.

Spar posts 5.3% rise in profit as sales improve

2016-05-18 08:44

Spar Group says first half-profit rose 5.3% as the South African food and liquor retailer increased sales despite a difficult consumer environment in its home market.

Famous Brands buys 51% in Salsa Mexican Grill

2016-05-16 09:33

Famous Brands is set to take a 51% stake in recently launched local firm Salsa Mexican Grill, in a drive to extend its presence in the casual dining sector.

Walmart sues Visa over chip cards in US

2016-05-12 09:40

US retail giant Walmart is suing Visa to give customers using chip-enabled debit cards in its US stores the right to punch in a PIN code.

Emira expands retail footprint, upgrades centres

2016-05-11 17:22

JSE-listed Reit Emira Property Fund has invested over R250m in acquiring new centres and upgrading its shopping centres.

 

Massmart to open 13 new stores in 2016 despite tough conditions

2016-05-26 10:41

Massmart says it will open 13 stores in 2016, despite tough economic trading conditions caused by high inflation and low economic growth in South Africa.

Pick n Pay celebrates 49 years

2016-05-24 18:18

Forty-nine years ago, founder of Pick n Pay Raymond Ackerman took a bold step.

Tiger sees SA consumers under pressure as costs rise

2016-05-24 10:09

Tiger Brands says the risk of higher inflation will place pressure on consumers as it raises prices in an attempt to offset costs following record maize prices.

Retailers look to Africa to survive volatile SA market

2016-05-23 17:52

South African retail giants and fast moving consumer goods manufacturers are expanding into Africa and consolidating operations to reduce reliance on the local market

Pioneer Foods reports 6% rise in half-year profit

2016-05-23 10:48

Pioneer Food Group has reported a 6% rise in half-year profit as a severe drought hurt its domestic operations.

Sotheby's sets world record with jewellery sale

2016-05-18 15:58

Sotheby’s has beaten its own world record for a jewellery sale, amassing $175m at an auction of precious stones in Geneva.

GG Alcock: Informal economy keeping SA afloat – how foreign nationals cleaned shop

2016-05-16 19:55

An invisible matrix of small informal shops is winning purses, garnering 20% of all money spent in SA and selling goods to the value of R46bn per year.

US retail giants feel pain as online shopping hits

2016-05-15 21:13

Iconic US stores Macy's and Gap are facing tough questions about their future following dreary results that highlighted the growing market share taken by online retailers.

Shop with extreme caution, advises consumer price expert

2016-05-12 07:31

Consumers should always shop with extreme caution, warns a consumer price watchdog in reaction to claims of food prices beating inflation.

Future of Gauteng tourism could lie in shopping

2016-05-01 15:26

The future of Gauteng's tourism might very well lie in shopping and South Africa must roll out the red carpet for regional tourists, says a tourism expert.

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