bgbertrand

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Townships are vital hubs for major retail development

The township retail and shopping centre market in South Africa is growing at a rapid pace. Despite a challenging economy and disruptions, townships …

Steinhoff Africa Retail plans to change name to Pepkor

South Africa‘s Steinhoff Africa Retail (Star) plans to change its name to Pepkor Holdings Limited to help distance itself from scandal-hit parent …

Fin24.com | SA retailers show growth despite digital disruption

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 …

Woolworths down on poor sales

The Woolworths share price dropped nearly 9% on Monday as the retailer reported poor sales in some of its businesses and lower headline earnings per …

Tiger Brands eyes Africa expansion

Tiger’s chief financial officer, Noel Doyle, said the group was pursuing bolt-on deals – "which we’ve generally executed quite well" – and larger …

SA’s R43-Billion Private Label Retail category showing excellent growth potential

Johannesburg, 29 November 2017 – Despite tough trading conditions off the back of low economic growth and curbed consumer confidence there is still …

Supermarket Chain's Collapse Shows Perils of Africa's Hottest Retail Market

NAIROBI, Kenya -- The near-empty shelves and deserted aisles at a sprawling outlet of Kenya's homegrown supermarket giant, Nakumatt Holdings Ltd., here are reminders of the risks -- and opportunities -- presented by East Africa's biggest retail market.<p>The family-run retailer was once emblematic of …

A startup disrupting Africa's prescription drug business is getting major Silicon Valley backing

Greg Rockson, founder of mPharma, sometimes struggles to sum up the myriad services his three-year old startup provides. But it’s safe to say the Accra, Ghana-based company is starting to disrupt Africa’s pharmacy retail supply chain and is setting its sights on bigger targets beyond the …

Africa

Heineken begins construction of $100m Mozambique brewery

JOHANNESBURG - International brewer Heineken Holding on Monday laid the foundation stone of its first brewery in Mozambique, a $100 million …

Heineken

Revenue rises to R58.6bn at STAR

JOHANNESBURG - Steinhoff Africa Retail (STAR) yesterday said that it had increased its revenue to R58.6billion on the back of a strong performance …

South Africa

Signs of a turnaround at Edgars?

Much of the (really) hard work has been done by Edcon chief executive Bernie Brookes, who prevented an outright collapse of the massive retailer …

Woolworths in eye of a storm

The retail environment is changing dramatically, it is much more difficult to compete<p>Boardman said because Moir’s responsibilities were split between …

Tiger Brands profits slow in weak economy

Tiger Brands, South Africa’s biggest consumer foods maker, reported a sharp slow-down in profit growth on Monday and warned that competition would …

Is Mr Price getting its mojo back?

It has been two years of hard slog for Stuart Bird, the CEO of Mr Price, in returning the retailer to its glory days.<p>The latest leg of its turnaround …

No relief in sight for local clothing retailers in 2018

"I don’t think it will get significantly better for any of the retailers," he said. The clothing retail pie was getting smaller and being aggravated …

Where to shop this Black Friday in South Africa

Some South African online retailers are getting a jump start on the Black Friday craze, which will hit South Africa on 24 November 2017.<p>Due to its …

South Africa

Experts see a bright future despite retail turbulence

In Summary<p>Lately, there has been increased supply of retail space, which grew by 41.6 per cent year-on-year in Nairobi alone from 3.9 million square …

Kenya

Retailers need to use digital tools to improve operations | | IT News Africa – Africa's Technology News Leader

November 9, 2017 • Opinion, Retail, Southern Africa<p>Retailers need to use digital tools to improve operations.<p>Few could argue that South African …

Bright future awaits African start-ups | Weekend Argus

A TWO-DAY investment summit held in Cape Town this week that sought to bring investment into Africa attracted more than 450 delegates.<p>The first-ever …

Startups

#Trending: The rise of consumer resilience

© Vadim Georgiev via 123RF<p><i>The Next Normal: Rise of Resilience</i> was presented at the annual conference of the Pan African Market Research Organisation …

South Africa

Health and beauty chain Clicks debuts digital signage solution in South Africa with Moving Tactics

Today’s customer expects to engage with retailers in an engaging and digitally interactive way in-store and retailers are focusing on this customer …

South Africa

Experts see a bright future despite retail turbulence

The uncertainty brought by the prolonged electioneering period and a tough operating environment characterised by low credit have seen the retail …

The UK Bulletin. UK, Scotland, Ireland, Wales news

UK News<p>Herald Sport podcast: Can Motherwell upset the odds against Celtic in the Scottish Cup final?<p>by | | Scotland-Sports<p>You've read in the last 30 …

Is It Too Late For Big Data Ethics?

Over the past few weeks my inbox has seen a steady stream of emails on the topic of big data and AI research ethics. From the NSF-funded PERVADE study to industry initiatives to roundtables and discussions at the Association of Internet Researchers annual meeting in Tartu, Estonia this week, it …

Mr Price cuts its cloth to suit a higher share price

Retailer Mr Price’s turnaround strategy has paid off as the group expects earnings per share to climb as much as 25% for the 26 weeks to September …

Investing

Foreign revenue boosts TFG

"There was a competitive process, but we got it at an extremely good price — part of the reason for which is that the other bidders were all private …

Management

Kenyan supermarket sector amongst best in sub-Saharan Africa

In Summary<p>The sector has outperformed the economy in the last five years due to rising households’ disposable income, analysts at financial advisory …

Johannesburg’s inner city: the Dubai of southern Africa, but all below the radar | African Independent

Over the last 20 years Johannesburg has become an intense wholesale and retail centre for local hawkers and for traders from all over sub-Saharan …