Uber Air could see SA shoppers flying to malls via skyports, says exec

2018-10-19 12:14

'Imagine the traffic you will miss if you just jumped into an Uber Air. And it will be completely based on renewable energy,' says Uber executive Shavaye Govender.

European investors suspend class action against Steinhoff

2018-10-17 18:18

European investors and Dutch group of investors VEB have agreed to suspend a class action suit against Steinhoff.

Big changes for Pick n Pay Smart Shoppers — including points for petrol

2018-10-16 11:35

Pick n Pay Smart Shoppers currently get R1 back for every R200 spent at the retailer.

How to turn a family shop into a $1.8bn multinational

2018-10-13 08:00

Mohan Vaswani’s father, who started selling textiles in 1948 from a shop the size of a shipping container in a small town in Indonesia, once told him, “One day you will operate across the world.”

Jooste, Steinhoff knowingly paid us in 'fool's gold', says ex-Tekkie Town CEO in court papers

2018-10-12 06:01

Steinhoff created STAR to insulate valueable assets against the subsequent Steinhoff collapse, claims a former Tekkie Town executive.

Here's what McDonald's restaurants look like around the world

2018-10-11 18:56

From a slope-side McDonald's at a Swedish ski resort to a restaurant in a decommissioned plane.

Tesco CEO knew things were bad, they were about to get worse

2018-10-11 17:13

Tesco Chief Executive Officer Dave Lewis got 1 300 emails from staff calling for change in his first days in the role. The troubled supermarket’s situation was about to get much worse.

Steinhoff’s Mattress Firm just filed for bankruptcy in the US — here's what it's like to shop there

2018-10-06 20:09

Mattress Firm filed for Chapter 11 bankruptcy protection on Friday. As part of its bankruptcy restructuring, it said it could close as many as 700 stores. This is what those shops are like.

Steinhoff subsidiary files for bankruptcy protection in the US

2018-10-05 14:31

The group's US subsidiary Mattress Firm - which it acquired in August 2016 - is filing for Chapter 11 bankruptcy.

Steinhoff bondholders said to offer loan as part of bankruptcy filing

2018-10-04 18:00

A group of Steinhoff bondholders may inject about $300m into the retailer’s troubled US bedding unit Mattress Firm as part of a bankruptcy filing, according to sources.

 

Retail: Get ready for the blue dot consumers!

2018-10-19 10:48

Consumers have become even more demanding over the past five years, according to Ken Hughes, an international expert on consumer and shopper behaviour.

Goodyear is testing a special tyre store for women that looks like a trendy hair salon

2018-10-17 10:37

The concept allows customers to buy tyres online and have Goodyear employees travel to install the new tyres wherever cars are parked.

Steinhoff requests one-month lock-up agreement extension

2018-10-15 09:13

Steinhoff International says it has asked creditors to agree to an extension of the lock-up agreement, delaying it to November 20 from October 20.

Adidas CEO explains why he doesn't worry about Kanye West being bad for business

2018-10-12 09:21

While he admits that there's always some liability, the "high creative output" is worth the risk.

Grand Parade Investments chair vows to ward off 'hostile takeover'

2018-10-11 19:09

Dr Hassen Adams, executive chair of empowerment company Grand Parade Investments is determined to ward off what he calls an attempted hostile takeover.

Black Friday to be 'bigger than ever' in South Africa, retailers promise

2018-10-11 17:46

Telkom, Superbalist, Pick 'n Pay, TakeALot, Telkom, Game, and H&M have all announced that they’ll be offering Black Friday deals in South Africa on November 23.

Steinhoff’s Mattress Firm to shut ‘money laundering’ conspiracy theory stores close to one another

2018-10-05 17:57

US-based Steinhoff subsidiary Mattress Firm has filed for Chapter 11 bankruptcy protection, and could close as many as 700 stores – after the close proximity of its stores to one another set off alarm bells for some people.

Luxury reels as talk of China border checks fans trade fear

2018-10-04 23:00

Shares of luxury-goods companies from Japan’s Shiseido to France’s LVMH have fallen after social media reports that China is stepping up customs checks on citizens bringing in goods from overseas.

Barnes & Noble soars as going private could mean faster changes

2018-10-04 16:46

Barnes & Noble, facing management upheaval and shrinking revenue, buoyed shareholders’ spirits with news of it's weighing acquisition interest from several parties, including chairperson Len Riggio.

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