Upcoming awards shine light on 'small but thriving' e-commerce sector

2018-06-20 05:00

While electronic commerce only makes up 2% of the overall retail sector in South Africa, it is growing faster than the traditional retail sector.

THE STEINHOFF SAGA: Part one - The making of a corporate giant

2018-06-19 20:07

In a series of in-depth features, the University of Stellenbosch Business School sheds light on Steinhoff's remarkable growth – and spectacular collapse. This is Part One: from humble beginnings in Germany to a massive global holding company.

Shoprite's top 10 tips for getting a job – after employing more than 8,000 young people in its stores

2018-06-14 15:28

Shoprite runs a huge project to train young people for entry-level jobs in retail, or to start out on their own if they don't get a spot. These are its ten top tips for applicants as it opens for a new round of training.

April retail sales data disappoints, but consumer spending expected to improve

2018-06-13 18:00

Analysts expected better trading conditions for retailers, but April sales data has disappointed with a mere 0.5% increase.

A pizza chain is repairing US potholes as the government falls short

2018-06-13 11:01

Domino's announced that it is paying to fill potholes in towns across the US. 

The chair of a chocolate empire says leaders should avoid making these 2 common business mistakes

2018-06-12 21:07

Mars chairperson Stephen Badger, the great-grandson of the company's founder, Franklin Mars, reveals two easily avoidable mistakes that leaders make when running a business.

Steinhoff wins support for standstill from most creditors

2018-06-07 09:08

Steinhoff International has won support from a majority of its key creditors for a standstill agreement through the end of June, giving the retailer breathing space to avoid insolvency proceedings.

Justin Timberlake has created his own new drink for a brand that's becoming a threat to Coke

2018-06-06 10:30

Bai is unveiling Tennessee Braspberry Supertea this month.

Starbucks' CEO has resigned amid rumours that he may run for US president

2018-06-05 06:02

Howard Schultz is stepping down after 40 years at Starbucks.

Take a look inside the first 'gender-free' store

2018-05-30 13:02

A former Macy's and Victoria's Secret exec just opened a "gender-free" store, where there are no gendered clothing items, beauty products, or accessories.

 

SA retailers show growth despite digital disruption

2018-06-19 22:12

SA's largest retailers saw stronger revenue and profit growth through the last quarter of 2017 and first quarter of 2018, despite lower retail sales growth during the first four months of this year.

Steinhoff sells loss-making Austrian unit to Rene Benko's Signa

2018-06-15 10:10

Steinhoff has agreed to sell its Austrian furniture retailer Rudolf Leiner GmbH and real estate assets to billionaire Rene Benko’s Signa to prevent looming insolvency of the unit.

Making money from plastic

2018-06-14 11:17

The Ellis sisters are fulfilling their dream of uplifting local communities through their organic and ethical consumer goods label, The Joinery.

Deloitte reviewing summons over Steinhoff audit

2018-06-13 15:18

The Deloitte branch in the Netherlands has received a writ of summons from Dutch investor group VEB over its audit of Steinhoff.

Google now lets you see what's on shelves at stores near you, and it's a powerful new weapon against Amazon

2018-06-13 09:19

Google is giving shoppers the power to search local stores' inventory with a new tool called See What's In Store. Shoppers can use the tool to search for a specific product and which stores have that product in store.

Steinhoff shares soar on support for standstill from most creditors

2018-06-07 11:20

The so-called support letter for Steinhoff’s restructuring plan is the first step taken by creditors toward a debt agreement with the the embattled Stellenbosch-headquartered company.

Stormy Daniels is launching a 'gender-neutral' perfume called 'Truth' in clear defiance of Trump

2018-06-07 06:47

Stormy Daniels is launching a sensual pheromone infused fragrance with a sex-centric retailer. 

After this week's increase, a litre of petrol will cost twice as much as Coke. Here's how it stacks up to other household items

2018-06-05 13:46

South Africans are paying almost R16 for a litre of petrol. That makes it the same as – or more expensive than – these household items.

UK economy risks being dragged down by shoppers' Brexit worry

2018-05-31 11:56

British consumers are worried about prospects for the economy with Brexit on the horizon, and that could spark a shift in behaviour that drags even more on growth.

Business as usual for franchisees after Melissa's liquidation

2018-05-30 06:13

Nothing will change for Melissa's food stores countrywide, as the concept will continue under different names and only the shops still owned by head office have been liquidated, a franchisee has told Fin24.

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