Retail lender targets small businesses

2017-04-16 06:01

“Turnover is vanity. Profit is sanity. But cash flow is reality.” This is the catch phrase that appears on the website of six-year-old financial services provider Retail Capital.

AS IT HAPPENED: Black Friday - Queues, chaos and crashes over cut-price craziness

2016-11-25 15:00

Snaking queues, clamouring crowds, and crashed e-commerce sites were the order of the day as Black Friday fever swept across SA and left tired shoppers in its wake - some triumphant, and some disappointed.

Cashing in on the Black Friday online retail bonanza

2016-11-22 11:59

Black Friday is on 25 November. This day, which was started in the US and will see retailers offering fantastic bargains, is fast gaining traction in South Africa.

Wiese: Steinhoff, Shoprite tie-up would be a 'natural development'

2016-09-29 07:24

It would be a "natural development" for Steinhoff to take over Shoprite,says SA retail tycoon Christo Wiese.

Shoprite proposes $572m investment in Angolan stores

2016-05-20 18:27

Shoprite International plans to invest $572m in Angola to open new supermarkets and business units in Africa’s second-biggest oil producer.

Analyst warns of SA drain as Foschini buys second UK retailer

2016-03-24 16:25

Foschini's acquisition of a second UK retailer comes as SA companies escape an economy without growth and adapt their business models, says Sasfin's David Shapiro.

EXCLUSIVE: Urban owner in final bid to save iconic SA stores

2015-12-08 07:56

The owner of Hilton Weiner, Jenni Button, Urban, Aca Joe and Vertigo has sealed a deal to revitalise its five surviving stores in one of SA's top shopping centres.

Woolworths CEO pockets R51m in share sale

2015-10-02 18:15

The CEO of Woolworths Holdings, Ian Moir, has sold shares worth R51m, reducing his stake in SA's biggest retailer by market value.

Watchdog charges ex-Morrison treasurer

2014-09-29 19:24

The former treasurer and head of tax at Morrison Supermarkets has been charged with insider dealing, says Britain's Financial Conduct Authority.

Khanyi Dhlomo pays back NEF loan

2014-08-31 11:01

Businesswoman Khanyi Dhlomo has paid back a R34.1m NEF loan granted for the establishment of luxury boutique Luminance, the Sunday Times has reported.


Mall monopolies keep rivals away

2016-12-11 06:19

There are cracks emerging in the grocery retail ­sector from the practice of established players trying to keep competition out by entering into “exclusive leases”.

Edcon returns to profit after Bain cedes control

2016-11-22 18:40

Edcon has returned to profit after debt repayment costs eased following the exit of US firm Bain Capital, while the retailer cleared unwanted stock to boost sales.

Shoprite remains SA’s top retail brand - survey

2016-10-10 17:34

Shoprite has for the third year running scooped the Shopper Grand Prix Award.

WATCH: Supermarkets suss out each other for your business

The founder of a retail price comparison website says supermarkets keep tabs on one another to vie for consumers.

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Pick n Pay expects strong year-end results

2016-04-11 17:38

Pick n Pay Holdings Limited and Pick n Pay Stores Limited expect to deliver a strong financial performance for the year ending February 28 2016.

Woolworths continues to show strong growth

2016-02-11 08:56

Retailer Woolworths says first-half headline earnings per share increased by 30.6% with a 17.1% increase in revenue of R35.5bn and a 48.1% increase in gross profit.

Tiger Brands cuts off funding to Nigerian business

2015-11-16 14:54

Tiger Brands has cut off funding to its Nigerian unit as it has launched a review of its investment in the loss-making pasta and flour maker, it has announced.

Sainsbury's halves loyalty reward points

2014-10-14 18:37

Sainsbury's is to halve the number of Nectar reward points in the latest sign that grocers are being forced to re-evaluate the merits of shopper retention schemes.

JD Group posts huge loss, cans dividend

2014-09-08 16:30

JD Group has posted a massive annual loss of R1.923bn compared with a profit of R632m reported in the previous comparable period.

Shoprite annual profits grow

2014-07-14 11:34

Retail group Shoprite has increased its total turnover by 10.5% to about R102.2bn, despite pressure on consumers' disposable income.

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