ARTICLES RELATING TO RETAIL

Woolies tops in supermarket satisfaction

2013-05-09 10:26

A survey has found that SA consumers give Woolworths the highest customer satisfaction score, with Shoprite achieving the lowest rating.

Vodafone hit by BlackBerry glitch

2013-01-11 15:12

Some Vodafone customers are not receiving emails via their BlackBerry phones, and the mobile operator is working at rectifying the problem.

McDonald's becomes Macca's in Australia

2013-01-07 16:32

The fast food giant will temporarily change signs at selected stores to "Macca's," the Australian nickname for the chain, in celebration of Australia Day.

Puma CEO steps down

2012-12-12 12:35

Puma's chief executive is to leave in March, as part of an ongoing shake-up as it tries to catch rivals such as Adidas and Nike.

Foreign retailers rush into SA

2012-09-23 17:22

Increased competition from foreign retailers in South African malls, not only gives consumers a wider choice, but can also lead to cheaper goods.

Walmart is the new gold

2012-08-08 15:38

Retail giant Walmart is seen as a safe haven as investors flock to buy its shares amid slowing global growth and volatile markets, say analysts.

German retail sector in upheaval

2012-07-22 11:17

With a string of high-profile bankruptcies and thousands of layoffs, the German retail sector is in upheaval.

Government loses Walmart appeal bid

2012-03-09 10:39

Three ministers who challenged competition approval for Walmart's R16.5bn takeover of Massmart have had their appeal dismissed by the Competition Appeal Court.

Apple poaches Dixons chief to grow retail

2012-01-31 17:25

Apple is hiring a new senior vice president with much experience in retail to help it expand on its 300 stores worldwide.

India lifts some FDI restrictions in retail

2012-01-10 17:43

India has formally eliminated restrictions on foreign investment in its single-brand retail sector, opening the door to more FDI in in Asia’s third-largest economy.

France fines washing powder firms

2011-12-08 14:14

French competition authorities have penalised Colgate Palmolive, Henkel and Procter & Gamble for fixing prices of washing powder.

India approves FDI in supermarkets

2011-11-24 17:42

The Indian government will allow 51% foreign shareholding in its supermarkets, a much-delayed reform expected to aid the sector.

Walmart: Unclear if deal alters economy

2011-10-21 17:02

There is no evidence Walmart's merger with Massmart will change the SA economy, a lawyer for the retailers has told the Competition Appeal Court.

Pick n Pay gets nod for Aussie sell-off

2011-09-20 17:09

A ruling by an Australian court allows Metcash to buy Pick n Pay's Franklins stores.

Shoprite-Metcash merger gets nod

2011-08-01 16:44

The Competition Tribunal has approved a merger between retailers Shoprite and Metcash, on condition that jobs are found for employees facing retrenchment.

Margin of error

2011-07-21 00:00

Nick Badminton, CEO of embattled retailer Pick n Pay – which last week said it’s planning to retrench 3 137 of its 49 200 strong workforce in a bid to reduce operating costs – says the group can achieve a 5% trading margin with further cost-cuttings and improved buying.

Musica chairs

2011-07-14 00:00

Musica – South Africa’s largest retailer of music and related entertainment merchandise owned by the sprawling healthcare group Clicks Group – may soon find a buyer.

Fuelled by success

2011-07-07 00:00

There was some fanfare when Pick n Pay ventured into forecourt retailing in 2008, taking over outlets belonging to oil group BP.

Platfields CEO gets a premium

2011-06-30 00:00

Shareholders in platinum junior Platfields can’t be too happy at the company’s tenure on the JSE so far. Listing in late 2010, Platfields shares have endured a one-way ride down, dropping from around 65c at market debut to current levels of around 10c.

Let the games begin…

2011-06-23 00:00

The expected comeback of Holdsport – a sporting, leisure and recreational goods retailer – on the JSE later this year should add an interesting mix to the bourse’s specialist retail sector.

Upping the ante

2011-04-28 00:00

At the rate at which they’re growing, private labels could become a major contributor to beauty and healthcare retailer Clicks’ sales in the near future. House brands or private labels have become a fast-growing phenomenon and a margins enhancer for retailers as consumers become more value driven.

SA shop brands bloom in E Africa

2011-03-31 08:27

A Kenyan firm with 25 franchise outlets for retailers such as South Africa's Truworths and Woolworths is spreading its wings in Eastern Africa.

Massmart eyes wider Africa network

2011-02-24 10:53

Discount retailer Massmart aims to open 20 food stores and wants to enter Angola and other new markets in Africa, says its CEO Grant Pattison.

SMME group decries Walmart merger

2011-02-21 14:34

The SMME Forum says conditions should have been placed on the Walmart-Massmart merger.

SA opens door for Chinatowns

2011-02-13 13:34

Massive Chinese shopping centres are mushrooming around the country, thanks to South African consumers' predilection for cheap Chinese goods.

 

Retailers anticipate Mother's Day bonanza

2013-05-09 08:36

With Mother's Day approaching, retailers should see a spike in sales as the industry anticipates a spend of close to half a billion rand.

GM consolidates African operations

2013-01-08 15:33

General Motors has announced that it is consolidating its Sub-Saharan Africa and North Africa operations into a new unit.

Nike second quarter net income falls

2012-12-21 09:54

Nike's second quarter net income fell 18% as the European economy remained weak and growth slowed in China.

Sacci: Trade activity improves

2012-12-11 14:36

Trade activity improved in November, suggesting stronger retail activity the festive season.

Mr Price 18 week sales up 14.9%

2012-08-30 18:01

Retailer Mr Price has reported total sales growth of 14.9% and comparable sales growth of 9.5% for the 18 weeks to August 4.

Topshop in SA in November

2012-07-30 11:20

Edcon, together with House of Busby, has reportedly been granted the South African franchise rights for Topshop and Topman, the UK-based retail chain.

Shoprite shares dive on expansion plans

2012-03-22 11:08

Shoprite shares tumbled more than 6% after the retail giant said it would raise up to $1bn by issuing new shares and convertible bonds.

Consumers remain backbone of SA economy

2012-03-09 07:00

The production side of SA's economy has dampened as export demand wanes, but consumer spending is still the main driver of economic growth in most provinces.

Sainsbury claims win in Christmas battle

2012-01-11 14:09

J Sainsbury has declared victory in the battle for festive season sales among Britain's top grocers.

Woolworths not losing sleep over Walmart

2011-12-09 14:44

Woolworths CEO Ian Moir says he is more concerned about Zara's entry into the African market than that of Walmart.

Pick n Pay backs down on job cuts

2011-12-01 10:32

Retailer Pick n Pay has reached a compromise with the SA Commercial, Catering and Allied Workers Union and will not lay off staff as planned.

Truworths ups sales

2011-11-10 10:41

Clothing retailer Truworths says sales for the first 19 weeks of the financial year rose 9.3%.

Retailers eye Africa for growth

2011-09-27 12:12

SA is among five African countries named by Deloitte and Planet Retail as most likely to appeal to multinational store groups in the coming years.

Woolworths stock jumps after profits rise

2011-08-25 11:46

Shares in Woolworths rose almost 4% after the retailer posted a 30% rise in full-year earnings.

Ensure your pick pays

2011-07-28 00:00

Food retail shares are priced to perfection. Many – such as Pick n Pay, Shoprite and Massmart Holdings – are trading on earnings multiples comfortably above 20 times.

Retail sales hit the skids

2011-07-20 13:28

South Africa's retail sales showed no growth in May, indicating a sharp slowdown in consumer spending.

Shop seeks police apology over sheep

2011-07-13 21:06

A retailer wants the Johannesburg metro police to return its decorative wire sheep - along with an apology.

Hedderwick lightens his exposure

2011-06-30 00:00

Famous Brands CEO Kevin Hedderwick has sold almost R11m worth of his stake in the R4bn company over the past six weeks, raising questions about the group’s lofty 18 times multiple under tougher trading conditions.

Walmart announces price cuts in SA

2011-06-26 12:18
96 comments

Just days after Walmart completed its Massmart deal, the world's largest retailer has started advertising price cuts and new business opportunities for SA.

April holidays boost retail sales

2011-06-15 13:43

Retail sales showed better-than-expected growth in April as consumers took advantage of the numerous public holidays to shop.

Pick n Pay slides on profit warning

2011-03-31 16:26

Shares in Pick n Pay have tumbled after it said it expected a drop in profit due to high costs and a strike.

SABMiller takes on Heineken in Nigeria

2011-03-01 18:02

Brewer SABMiller is to spend over $100m on a new brewery in Nigeria, where it aims to take on the country's brewing heavyweights Heineken and Diageo.

Truworths boasts rise in profit

2011-02-21 15:42

Clothing retailer Truworths says its profit for the first six months rose at least 19% and it is mulling a share buyback.

Spar's turnover jumps 9.5%

2011-02-14 16:37

The Spar Group says despite experiencing a challenging quarter ended December 25 2010, its turnover increased by 9.5% from the previous corresponding period.

Unions back down on Walmart protest

2011-01-17 12:17

Trade unionists say a planned protest against Walmart's bid for Massmart has been called off after they were threated with disciplinary action.

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