No Category Tags - Results from #261

Steinhoff could get stake in Shoprite in new setup

Written by Super User on 07 August 2017. Posted in No Category Tags.

Staff Writer: Palesa Vuyolwethu Tshandu

Steinhoff's African assets will list separately on the JSE by the end of next month in a deal that may also result in Steinhoff acquiring a 22.7% stake in Shoprite. The formation of Steinhoff Africa Retail, or Star - the new name for the group's African assets - comes just seven months after a breakdown in merger talks between Shoprite and Steinhoff.

SARS accidentally lost some tax return information – here’s who will need to resubmit

Written by Super User on 25 July 2017. Posted in No Category Tags.

Staff Writer: Staff Writer

With tax season now in full swing, SARS has issued a notice that it has accidentally omitted information submitted by certain taxpayers and companies.

Pick n Pay ups Gauteng service with dedicated online distribution centre

Written by Super User on 25 July 2017. Posted in No Category Tags.

Pick n Pay has launched a dedicated online distribution centre in Gauteng, which is expected to significantly improve service to online shoppers in the province. Deputy CEO Richard van Rensburg also states that it significantly increases Pick n Pay's online distribution capacity, enabling the retailer to handle the rapid growth it's currently experiencing in online sales.

Mall anchor tenants may be cast adrift

Written by Super User on 24 July 2017. Posted in No Category Tags.

Staff Writer: Palesa Vuyolwethu Tshandu

Retail mall owners may be scurrying around in the hunt for new anchor tenants as legacy businesses fall behind changing retail trends.

Menlyn Park shopping centre welcomes Tshwane mayor

Written by Super User on 14 July 2017. Posted in No Category Tags.

Tshwane Executive Mayor Solly Msimanga recently visited Menlyn Park Shopping Centre to discuss shared interests and issues relevant to Tshwane.

Why SA needs more new franchises to create more jobs

Written by Super User on 11 July 2017. Posted in No Category Tags.

South Africa has over 35 000 franchise outlets that employ more than 300 000 people. Consequently, franchising holds the key for job creation, because the failure rate of franchise businesses is far less than regular start-ups.

Greater clarity needed on exclusive lease agreements in grocery retail sector

Written by Super User on 06 July 2017. Posted in No Category Tags.

Staff Writer: Johan Coetzee

The Grocery Retail Market Inquiry (GRMI) is a crucial step towards finding much-needed clarity on the ongoing problems with long-term exclusive lease agreement provisions between landlords and supermarkets.

Inquiry aims to protect township business

Written by Super User on 06 July 2017. Posted in No Category Tags.

Staff Writer: Bekezela Phakathi

Inquiry into the grocery retail sector presents an opportunity to begin to look for ways to tackle the challenges faced by informal traders

Woolworths faces fight on many fronts

Written by Super User on 22 June 2017. Posted in No Category Tags.

Staff Writer: Giulietta Talevi

Shares in Woolworths, once regarded as a recession-proof retailer, are trading close to three-year lows as the company finds itself stuck between SA’s stalling economy, the cash-guzzling turnaround of its David Jones acquisition in Australia and an impending competitive onslaught from Shoprite, which is moving up-market.