ARTICLES RELATING TO RETAIL

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.

Steinhoff should saddle up and rescue UK chain BHS

2016-04-28 19:15

If Steinhoff wants to pursue its aim of being a budget retailer for the masses, it makes sense to add BHS, with its 164 stores featured on the high street.

Market intelligence marks new era in retail

2016-04-27 16:37

Today’s retail environment is increasingly characterised by savvy, engaged shoppers and driven by new and evolving technologies.

Steinhoff folds in Darty auction

2016-04-27 12:26

Steinhoff International Holdings won’t raise its offer for French electronics retailer Darty, handing victory to Groupe Fnac.

Nestlé battles drought, weaker currencies in southern Africa

2016-04-25 19:43

Nestlé's southern African operations have been affected by currency weaknesses, while it also has to support dairy farmers ravaged by the ongoing drought.

Richemont to limit job cuts to 100

2016-04-22 12:37

Richemont will probably eliminate about 100 jobs, limiting the originally announced 350 job cuts as it approaches an agreement with trade union.

Steinhoff bid topped as fight for Darty heats up

2016-04-21 11:25

Groupe Fnac has raised its bid for French electronics retailer Darty to $1.1bn, topping an offer from Steinhoff International as the showdown between the rival suitors heats up.

Sars hits non-compliant cash and carry sector with R600m

2016-04-20 12:34

At least 50% of cash and carry businesses inspected by Sars so far have been found to be non-compliant with regard to registration, filing or payment.

EU system for pork imports to SA

2016-04-19 18:05

The EU has implemented a unique system to guarantee high quality of meat that is brought to South Africa.

L’Oreal leaps in Paris as sales beat estimates

2016-04-19 10:15

L’Oreal SA shares have risen the most in almost seven months after revenue beat estimates on strong demand for NYX and other makeup brands.

 

Mall of Africa rush shows consumer 'delusion'

2016-04-29 18:33

Consumers rushing to the opening of the Mall of Africa prompts the question of the extent to which they are actually tightening their belts, says an expert.

Tens of thousands of consumers descend on Mall of Africa

2016-04-28 14:10

Johannesburg’s R5bn Mall of Africa, which has over 300 shops, opened its doors to streams of visitors amid traffic congestion.

Shoprite store reopens in Palanca

2016-04-27 15:44

Shoprite’s Palanca store will reopen after being closed for more than a year due to a fire that caused widespread damage to it in 2014.

Pick n Pay plans to enter Nigeria as profits rise

2016-04-26 08:40

Pick n Pay has announced plans to enter Nigeria as it posted a 26% increase in full-year profit after opening 175 new stores.

Steinhoff backs itself into a French corner

2016-04-22 13:31

Back in March, SA's previously low-profile retailer Steinhoff looked like a dealmaker on a mission, but now the predator is fighting to prove it still has teeth.

Steinhoff leads Darty auction with $1.2bn offer

2016-04-21 18:57

The battle for French electronics retailer Darty has reached the brisk pace of a cattle auction, with Steinhoff raising its offer three times in less than 24 hours.

Clicks sees earnings rise on resilient markets

2016-04-21 10:52

Clicks has forecast higher earnings, citing expectations that demand for its products will remain resilient despite a weakening outlook for consumer spending.

NCR refers Lewis to National Consumer Tribunal

2016-04-19 20:01

The National Credit Regulator has referred Lewis’ operating subsidiary, Lewis Stores, to the National Consumer Tribunal for alleged breach of the National Credit Act.

Clothing Bank wins social entrepreneur award

2016-04-19 13:06

The Clothing Bank, a local non-profit business, has won the 2016 Schwab Foundation’s Social Entrepreneur of the Year award.

AB InBev accepts €2.55bn offer for SAB's euro beer brands

2016-04-19 10:09

Anheuser-Busch InBev has accepted an offer to buy the Peroni, Grolsch and Meantime beer brands, clearing another hurdle in efforts to win regulatory approval for SABMiller.

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