Malls are the cornerstone of South Africa’s retail experience, and with more than 2,000 of them – and more under construction – malls need to differentiate themselves and in a crowded marketplace to survive in a tough economy.
Despite reports about an increase in card fraud attempts, South Africans can still protect themselves by using a little common sense and a proactive approach to safety.
Listed retail group Clicks has published a trading statement, reporting a stronger than expected performance in the second half of its 2019 financial year.
Economic development minister Ebrahim Patel has applauded retailer Massmart’s programme to procure products from small, local suppliers, which has reached the R1bn mark.
Despite spearheading a ill-fated foray into Australia, Woolworths CEO Ian Moir pocketed R23m in the past year. This brings his total earnings over the past five years to R191m.
More than two thirds (68%) of the Shoprite Group’s workforce is under the age of 34, and this together with the Group’s focus on skills development and training illustrates its commitment to addressing the scourge of youth unemployment in South Africa.
A local fabric softener brand has been ordered to change its labelling after the advertising regulatory board found that its use of the word "soft" was imitating rival brand Sta-Soft.
Female retailers are formidable as well as inspirational and nowhere is this clearer than in the contribution they have made to growing the Shoprite Group into the largest retailer in Africa.
Pick n Pay chair Gareth Ackerman says the constant changes to financial reporting standards and requirements are becoming counterproductive and a major burden on management teams.
