SPAR, the local retailer group in South Africa, has announced it will be selling its Pinetown head office and other non-core assets. The move comes in the wake of poor…
Browsing: Retail Stores
A new R500 million shopping center has been opened in Zeerust, North West, aiming to meet rising retail demand in the transit hub between South Africa, Botswana and Namibia. The…
According to data from the Bureau of Market Research (BMR), retailers could anticipate a substantial increase of approximately R7 billion. Last year, online sales constituted 15% of total sales, and…
Failing to solve load shedding could result in crop failure, higher food costs, and shortages of specific food goods in South Africa, according to Iain Williamson, CEO of the country’s…
The Foschini Group (TFG), a homeware and fashion retailer, believes that rampant load shedding damaged TFG Africa’s retail revenue by around R1 billion due to unexpected expenditures, missed trade hours,…
South African giant retailer Shoprite has sold its shares in what is described as a rebalancing act by the company. Shoprite CEO Pieter Engelbrecht said they have sold R20 million…
The tech giant originally planned to re-open its retail stores outside China on March 27
