ARTICLES RELATING TO RETAIL

As SA retailers struggle, other African markets start to shine

2020-01-19 08:00

Seven of the top 30 economies whose retail sector showed considerable growth in 2019 were from Africa, however SA did not even get ranked among the 200 economies featured.

Truworths sales inch upwards

2020-01-15 22:11

Retailer Truworths' sales grew by a mere 1.2% to R10.6bn for the 26 weeks ended December 30, 2019, as it faced tough conditions in both Africa and UK markets.

Shoprite accepts instances when it granted credit 'recklessly'

2020-01-14 21:37

The Shoprite Group has accepted a judgment by the National Credit Regulator and has processed the payment of the fine imposed on one its subsidiaries.

Woolworths shares rally 9% on news of Ian Moir's ouster

2020-01-14 13:37

The retailer's share price jumped on news that a top Levi Strauss executive would be taking over as CEO in mid-February.

Where is the R20m allegedly stolen by Hamleys SA founder who shot himself?

2020-01-13 15:26

Should any of the about R20m allegedly stolen by the late Philip Paphitis from Hamleys SA be found, it would be up to the trustee of his sequestrated estate to decide how it would be distributed among creditors.

I'm giving up alcohol during January for the 3rd year in a row. Here's how it helps me understand my relationship with drinking after almost losing a loved one to alcoholism.

2020-01-05 15:38

Beyond the many health and financial benefits, Dry January has helped me gain important perspective on the role of alcohol in my life and in society.

Coca-Cola says it doesn’t have plans to enter cannabis market

2019-12-27 15:14

Coca-Cola is dousing speculation that it’s getting into the cannabis business.

WATCH: Why wine costs so much more at restaurants

2019-12-21 08:15

The cost of a bottle of wine might be $20 in a store, but that same bottle of wine could run you $40 or $50 in a restaurant. James Beard award winner, Belinda Chang, breaks down what goes into the pricing of a bottle of wine.

Mr. Tekkie strikes deal with luxury lifestyle brands company

2019-12-13 11:32

Mr. Tekkie has announced a new partnership with luxury lifestyle brands company New House of Busby, which has the distribution rights to GUESS, Aldo, Call it Spring and Steve Madden.

Chinese Vivo cellphones are now on sale in SA for R1,900. Here are some of our favourite features

2019-12-06 14:33

The Y91C and Y11 phones have decent batteries and offer an AI face beauty camera filter.

 

Spanish fashion retailer MANGO is officially ripe and ready for SA shoppers as it continues its international expansion in Africa

2020-01-16 16:01

With this new opening, the brand is now present in 13 African countries.

Black Friday gives November retail sales a much-needed boost

2020-01-15 14:50

Black Friday helped bolster retail sales in November, with sales up 2.6% for the year, according to Statistics South Africa.

Liberty Two Degrees only has 2% exposure to Game, Makro, Dion

2020-01-14 18:20

South African real estate investment trust Liberty Two Degrees says its overall exposure to Massmart is only 2% of its portfolio's gross leasable area.

Woolworths CEO resigns, Levi Strauss exec to replace him

2020-01-14 08:24

Roy Bagattini, the president of Levi Strauss' American operations, has been named the new CEO of Woolworths.

Former Hamleys SA boss shoots himself

2020-01-07 18:56

The founder and former CEO of the company which used to own the South African franchise for toy company Hamleys has taken his own life, reportedly when police came to arrest him on charges of fraud.

The decade of 'millennials killing' things has come to an end, but it wasn't the generation's fault in the first place

2020-01-02 09:43

We need to acknowledge wider economic trends that forced millennials to "murder" everything from napkins to TGI Fridays.

Retail stores and supermarkets are designed to get you to spend more money - here are the tricks they use

2019-12-24 12:58

And it pays off: despite the country’s retail sector facing pressure, South Africans still spend as much as R31,900 per second at supermarkets, pharmacies, and department stores.

Credit regulator loses to furniture retailer Lewis in court - again

2019-12-18 09:41

The Supreme Court of Appeal has dismissed an appeal by the National Credit Regulator in a drawn-out legal battle against major furniture retailer Lewis Group.

South Africans scrambled for load shedding gear this week – this is what flew off the shelves at Game

2019-12-12 12:37

Despite the increasing availability of innovative power and lighting technology, candles were among the first to go.

Cyber Monday tech deals are in full swing – here are our handpicked bargains

2019-12-02 12:02

For those of you still nursing stiff fingers from Black Friday, we’ve handpicked deals for you. Here they are.

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