Cash remains the payments option of choice for most South African consumers—with peak trading periods like the festive season seeing a sharp increase in the cash transactions that retailers need…
Browsing: retail
There is no getting away from the fact that challenges exist in distribution and wholesale processes. The ever-changing and interconnected nature of these processes make them difficult to manage, even…
Spar Group attributes a R1.6-billion loss in turnover and a R720-million profit hit to a troubled SAP implementation in its KwaZulu-Natal region. The project, initiated in October 2022, faced go-live…
Visa Inc., a world leader in digital payments, revealed its Holiday Edition Threats Report, which anticipates heightened scam activity during the holiday season across both card-present (CP) and card-not-present (CNP)…
South African retailers are expected to adopt diversification strategies such as adding new product lines and new service offerings to win a bigger share of an expected R60.4 billion in…
Massmart, the owner of Game stores and Makro, has appointed Srividya Pandya as its new head of ecommerce, effective from the 1st of November 2023. Pandya has been part of…
According to new research conducted by the Bureau of Market Research (BMR) on behalf of Capital Connect, the Black Friday season is expected to create additional retail turnover of R26.6…
Today, Amazon announced that it will launch Amazon.co.za in 2024, providing South African-based sellers the ability to reach customers across the country starting next year. More than 60% of sales in Amazon’s…
The South African retail company, Pick n Pay has launched a new Smart Shopper app that does away with the need to carry a physical loyalty card when shopping at…
Pick n Pay has made an announcement that the current group CEO, Pieter Boone is stepping down and Sean Summers who was Pick n Pay’s CEO between 1999 and 2006,…