How loyal are South African consumers?

This is great news for South African companies with already established loyalty programmes or for those companies looking to embark on the loyalty journey. What’s important...

Shoprite shares fall after lacklustre update

Grocery chain Shoprite’s share price fell as much as 7% before recovering to trade 1.6% lower at R210 at 9.25am after reporting a sharp...

Pick n Pay, Shoprite, and Checkers are set for big changes...

This is according to Maryla Masojada co-founder and MD of retail business research and analysis firm, Trade Intelligence. “As 2018 begins, we find ourselves in...

Woolworths shares fall almost 10% after poor HEPS forecast

Woolworths share price fell as much as 9% to R57.64 on Monday morning after said its interim headline earnings per share (HEPS) were expected...

Supply chain glitches: one of the greatest risks

A professor at Lehigh University in the USA, a renowned author and founder of the global Supply Chain Risk Management Consortium, Schlegel will be...

Woolworths adds Balmain brand in Australia

This week, the edgy French brand announced it had partnered with Woolworths-owned department store David Jones to bring its women’s wear range to shoppers...

Shoprite partners with the Mutshidzi Community Centre to implement sustainable solutions

With access to drinking water and food security being a major challenge in the rural village of Tshavhalovhedz in Limpopo, the Shoprite Group partnered...

Global potato processing market to surpass $3,500m by 2025

Potato processing is carried out to meet the significant demand arising from various applications of processed potato such as processed food, animal feed, biofuel,...

Steinhoff investors ask to join Dutch lawsuit

News that the well-resourced VEB is prepared to fight for South African shareholders adds to the mounting woes facing the world's second-largest furniture retailer. On...

GEPF, trusts left bleeding as Steinhoff shares crash

Shares in the furniture and clothing retailer collapsed after Steinhoff announced that it had approached PwC to launch an independent investigation into accounting irregularities,...

Steinhoff shares plunge 60% at opening bell as CEO Markus Jooste...

Steinhoff International CEO Marcus Jooste resigned on Tuesday night, and the release of the company's full-year results - originally scheduled for Wednesday - has been...

Retailers, here’s why you should give email marketing a second chance

Email marketing is an exceptional way to reach your customers through their inboxes. Retailers and other types of businesses have been sending email messages...

Steinhoff exercises its call options for Shoprite

“The implementation of the investment by Star in Shoprite Holdings is subject to a number of conditions precedent, including various merger filings. Shareholders will...

‘Weather-sensitive’ products: adjusting price and promotions to increase sales

In the UK market, warm summer weather led to a sales increase of 23% for frozen sweets and 10% for chilled drinks. In the US do-it-yourself market,...

The evolution of retail: Past, present and future

To understand the past — as well as the future — of retail, it’s critical to understand a fundamental concept documented by Harvard University’s...

Makro opens flagship store in Fourways

The store measures 23,263m² in size and is modeled more on a department store instead of the more accustomed Makro warehouse. Boasting ladies- and men’s-wear...

Woolworths in eye of a storm

Woolworths chairman Simon Susman told shareholders at Tuesday’s annual general meeting that the board was confident of the group’s Australian strategy. "We believe in...

Bar codes: back to the beginning

Smithsonian.com reports that in June 1974, the first item marked with a Universal Product Code (UPC) – a pack of Wrigley’s chewing gum – was scanned through...