South Africa’s most loved and awarded retail loyalty programme, Pick n Pay Smart Shopper, is celebrating its loyal members as the programme marks its 10th anniversary by offering them a share of more than R1 billion in rewards over the next few weeks. Pick n Pay Smart Shopper was introduced in 2011 and offered members
Excellent Engen service. No cash in your pocket. No stress. Engen’s innovative 1app now features a ‘Tip an Attendant’ function, which allows motorists and shoppers across South Africa to tip deserving Engen staff for the warm and friendly service that they have long been renowned for. In partnership with Telkom Financial Services, this new value
Key information – continuing operations for the 53-week period Sale of merchandise increased by 8.1% to R168.0 billion Trading profit increased by 24.9% to R10.3 billion Diluted headline earnings per share (DHEPS) increased by 20.1% to 952.5 cents (restated 2020*: 793.4 cents) Adjusted DHEPS** increased by 20.7% to 883.8 cents (restated 2020*: 732.5 cents) Full
Several SPAR stores in Mozambique have expanded their services to now offer e-commerce. In cities, businesses and residents alike can use these new e-commerce capabilities to have groceries delivered to their doorstep. In country locations, online retailing with home delivery is particularly popular with households. Due to the ongoing pandemic, instore retail trading hours are
Clicks has been voted the Coolest Specialist Health Store in the annual Sunday Times GenNext Awards. The GenNext Awards, now in its 17th year, is the country’s leading annual youth brand preference and consumer behaviour survey focusing on South African youth aged 8 to 30. Winning this award indicates that Clicks’ efforts to resonate with
Retail giant Woolworths announced the launch of its new online shopping offering in Mauritius. Woolworths’ shoppers will now have the option to do their fashion shopping without having to leave the comfort and safety of their own homes. The new service will give shoppers access to shop a wide range of over 30 000 Fashion,
A perfect dozen! Engen has been voted South Africa’s Coolest Petrol Station by the country’s “Gen. Z’s” in the Sunday Times Generation Next, for the 12th consecutive year. The Award comes amidst the Covid-19 pandemic and attests to the consistency of Engen’s values and commitment to client-centric offerings, innovation, and sustainability. Reflecting on the award,
Pick n Pay Clothing has launched an exciting and first of its kind partnership with online fashion retailer, Zando. Effective today, Pick n Pay Clothing fashion ranges will be available for purchase on Zando, extending accessibility beyond its physical stores across the country and online at www.pnpclothing.co.za. “Pick n Pay Clothing customers will have more
Key information – continuing operations for the 53-week period Sale of merchandise increased by 8.1% to R168.0 billion Trading profit increased by 24.9% to R10.3 billion Diluted headline earnings per share (DHEPS) increased by 20.1% to 952.5 cents (restated 2020*: 793.4 cents) Adjusted DHEPS** increased by 20.7% to 883.8 cents (restated 2020*: 732.5 cents) Full
In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of Shoprite Holdings (the “Board”) advises of the following changes to the Board and its Board committees: Board changes Ms Alice le Roux will be retiring as an independent non-executive director of Shoprite Holdings in terms of the rotation provisions
One year after the introduction of SPAR in Ghana, the brand has seen strong successes with a string of new store openings and growing local support. The first SPAR stores opened in the capital city, Accra, in August 2020 as part of SPAR’s growth strategy in Africa. Ghana represents the twelfth market to join the
Clicks has been voted the Top Brand for Convenience in the annual Kantar BrandZ Top 30 Most Valuable South African brands survey. The retail pharmacy chain increased its brand value 10% in the past year to US$449 million which saw it move up two places to No. 22. The BrandZ ranking is an annual survey
The NCPC-SA will provide support and technical solutions to companies in the South African beverages sector, focusing on resource efficiency and cleaner production The National Cleaner Production Centre (NCPC-SA) has concluded a formal partnership with membership-based industry organization, the Beverage Association of South Africa (BevSA). The NCPC-SA will provide support and technical solutions to companies in the South
SPAR South Africa’s sustainability tagline, ‘My SPAR, Our Tomorrow’ is a public commitment to the future of the SPAR Brand and our planet. SPAR South Africa wants to reduce its overall impact and contribute to social and natural ecosystems’ wellbeing. The company has a number of own brand packaging goals to achieve over the next
Game’s Q3 consumer Price Perception Survey found that 86% of South African consumers still prioritise bargain hunting more than they did a year ago, with 66% confirming they are shopping less than they did at this time last year, despite lesser restrictions around movement. Only 11% of respondents say their shopping habits have not changed
SPAR found its roots in the Netherlands in 1932, when a group of small and independent retailers came together to work and better serve their communities. Since then, SPAR has become a community favourite across the globe and now operates in 48 countries and across four continents. The SPAR ethos of partnership and collaboration provides
Acquisition in line with Massmart’s intent to accelerate eCommerce growth In line with its strategic intent to accelerate growth in eCommerce, today, Massmart announced that it is in negotiations to acquire a controlling stake in OneCart PTY (Ltd) (OneCart). Negotiations are at an advanced stage and the Group hopes to conclude discussions in the coming
Results of the 88th annual general meeting Shareholders are advised that at the Mr Price Group Annual General Meeting (“AGM”) held yesterday, Wednesday 25 August 2021, all the ordinary and special resolutions as set out in the notice of AGM dated 11 June 2021 were passed by the requisite majority of votes of shareholders present
76% of the region’s small and medium businesses in food, beverage, and entertainment are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels in the region were highest among businesses in retail, closely followed by food, beverage, and entertainment sector Research identified key areas with the greatest potential
FINANCIAL OVERVIEW Turnover and concession sales +9.7% to R85.9bn Profit before tax +267.3% to R5.2bn Adjusted profit before tax +110.7% to R4.6bn Earnings per share +647.6% to 435.1cps Headline earnings per share +212.5% to 374.4cps Adjusted diluted headline earnings per share +102.9% to 341.6cps Net borrowings (excluding lease liabilities) 91.0% reduction to R1.1bn Dividend resumed
By Andrew Dawson, MD at MACmobile Spaza shops are at the heart of many South African informal communities, selling small quantities of everything, from groceries and home care products to medication and cleaning supplies. For the millions of citizens who live hand-to-mouth, the role of the spaza shop as a bulk breaker is a lifeline.
Total group trading profit grows by 266.6% to R444.2 million Today (27 August 2021) Massmart announced results for the 26 weeks ended 27 June 2021, reporting total group sales for the period of R41.3 billion, representing total sales growth and comparable store sales growth of 4.4% and 4.8% respectively. Gross margin increased by 43 basis
Consumer trend to cocoon at home after lockdowns a boon for electronic appliance sector. Spike in consumer home sales of small appliances, dishwashers and office equipment. Massive growth in solar heating on the continent expected. International home appliances maker Electrolux expects strong demand to continue as a result of the stay-at-home trend prompted by the
74% of the region’s small and medium businesses in construction and manufacturing are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels were highest among businesses in retail, while construction and manufacturing had most businesses forecasting increases to steady revenues Research identified key areas with the greatest potential
Consumer purchasing patterns have become far more complicated over the past 18 months with a plethora of devices and more points of sale as retailers constantly rework strategies that have changed with shoppers needs and desires. Finding the balance between physical store visits and on-line shopping, keeping up to speed with the latest trends, and
78% of SMEs in region’s retail sector are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels were highest among businesses in retail, ahead of other sectors, like food and beverage, entertainment, construction, and manufacturing Research identified key areas with the greatest potential for growth with half of
INTRODUCTION Shoprite Holdings’ shareholders (“Shareholders”) are referred to the announcement released on the Stock Exchange News Service by Massmart Holdings this afternoon and are hereby advised that the Company, through a subsidiary (“Shoprite Supermarkets Proprietary Limited”) of Shoprite Checkers Proprietary Limited has entered into a sale of business agreement (“Agreement”) with certain wholly-owned subsidiaries of
Shoprite is the first South African retailer to launch an instant electronic funds transfer (EFT) service. The EFT service enables customers to instantly send vouchers to another person in just three simple steps. Senders only need to enter the recipient’s mobile number and the amount they wish to pay. There is no need to download an app
South Africa has secured its place as the second largest global exporter of fresh citrus. Following 15% growth in 2020, the South Africa citrus industry is expected to break export records with an estimated 158.7 million cartons exported in 2021. Local citrus producers and their logistics partners must now expand their cooling capabilities in order
South African retailers looking for ways to recover from the latest lockdown, as well as recent countrywide looting and vandalism, may welcome the opportunity to cut costs on the system that makes up the bulk of their energy spend – refrigeration. The initial outlay of refrigeration machinery as well as the ongoing cost of maintaining
The Shoprite Group has launched its new ground-breaking digital business hub, ShopriteX which is combining data science, technology and innovation with its operational strength to provide increasingly enhanced customer experiences. Incubated over the past year, ShopriteX is combining data science and technology create more personalised shopping experiences for customers. ShopriteX already delivered two industry-leading innnovations – Xtra Savings, South Africa’s fastest-growing rewards programme with 20 million members to date, and Checkers Sixty60 the first on-demand 60-minute supermarket grocery delivery service in South Africa. “We are serious about being Africa’s most
Travel and Ticketing Sectors show strong signs of recovery with 122 percent rise in transactions in Q2 2021 Payment methods such as BNPL, mobile in-app payments, eWallets and social media purchases and delivery channel BOPIS continue to grow in popularity Fraud attacks on new channels like Mobile and BOPIS are on the rise, report warns
With customers increasingly doing their shopping from their mobile phones, Woolworths is once again set to transform its customer experience with the launch of its Near Field Communication (NFC) enabled stores. This latest addition, another first for South African retail, extends the retailer’s digital shopping capability by allowing customers to enjoy a seamless omni-channel shopping
Local businesses affected by political unrest should use online marketplace favourites to regain losses made One of the ways South African businesses are managing to weather the economic tornado that has been Covid-19 – and more recently, unprecedented civil unrest – is by aligning with consumers’ digital buying patterns. Lockdowns brought on by the coronavirus
81% of women entrepreneurs across the Middle East and Africa have a digital business presence according to Mastercard MEA SME Confidence Index Latest research by Mastercard highlights high digitalization among women-owned businesses as opportunity for broader SME recovery and digital economy growth Despite the gender gap and social challenges, entrepreneurial women across the world and
South African e-commerce app, Reka online marketplace, is set to revolutionise the online retail experience as Africa’s first Augmented Reality (AR) online shopping platform for fashion and furniture brands. Reka aims to change consumer behavior and online buying patterns by bringing a hyper-realistic in-store buying experience for the Gen Z and millennial consumers. “Through AR
As South African consumers grapple with constrained budgets, Massmart’s Game Weekly Market Price Position Report – which conducts weekly research into the prices on goods across several South African retailers – found that Game is leading the way on the price of promotional items, outweighing its competitors by 8.54%. With this week’s petrol increase dishing
11% increase in milk production per cow, 40% reduction in energy by using solar and 45% increase in active carbon in soil Nestlé’s first dairy farm that is earmarked to reach net-zero carbon emissions in 2023, is on track to achieving its targets. The Skimmelkrans farm, located in George in the Western Cape, produces some
World’s largest food retail voluntary chain partners with Naveo Commerce to serve customers with new improved online grocery services SPAR International, as part of its worldwide digital transformation strategy, is pleased to offer a fully customisable e-commerce solution to SPAR country organisations and retailers. The world’s largest food retail voluntary chain is partnering with Naveo
Pepkor has made significant strides in its recovery of affected operations since the civil unrest experienced last month. The group expects to have more than 350 of the more than 500 looted stores up and running by the end of September. This is following the announcement that around 10% of the group’s total store footprint
Imperial is pleased to advise that in F2019 and F2020, it created value of R146 billion and R98 billion for its stakeholders and communities in Nigeria and South Africa respectively, as confirmed by a recent Socioeconomic Impact Assessment study undertaken by Accenture. “Imperial plays a key role in connecting Africa and the world and improving
The Group also announces additional key leadership appointments Takealot Group has appointed Mamongae Mahlare as its new Group Chief Executive Officer, effective 1 October 2021. Her appointment follows the announcement that Kim Reid will transition to Chairman, Takealot Group, during the course of this year, where he will focus on the group’s longer-term growth ambitions.
With Africa fast becoming a global leader in the agtech space, MoData’s value propositions offer smart solutions for the sector. Agriculture has always been key to Africa’s economic growth. It accounts for 14 per cent of Africa’s GDP, 52 per cent of the continent’s workforce, and 70 per cent of the population’s livelihoods. New research
Further to the announcement released by the Company on 11 June 2021 relating to the resignation of Ms Lebo Ntlha, the Group Financial Director, effective 30 November 2021, shareholders are advised that in terms of paragraph 3.59 of the Listing Requirements of the JSE Limited, Mr Deon Fredericks has been appointed as Group Financial Director
These new goals focus on traceability, transparency, circularity, diversity and inclusivity as well energy and carbon emissions. In line with its vision to be one of the world’s most responsible retailers, Woolworths Holdings Limited (WHL) is proud to announce its next set of ambitious Good Business Journey sustainability goals. These include future-focused, measureable targets aimed
Online deliveries operating smoothly following KZN and Gauteng unrest Pick n Pay has relaunched and rebranded its popular on demand delivery service, Bottles, as Pick n Pay asap! To celebrate the rebranding, Pick n Pay asap! will offer unlimited free deliveries on all orders throughout the month of August. “Our customers are thoroughly enjoying the
SPAR retailers in South Africa affected by recent civil unrest and looting have “expressed a firm commitment to start again”, said SPAR South Africa Group CEO Brett Botten in an update. The Group’s update issued on the current state of its business as of 22 July, noted the extent of the impact on its operations in KwaZulu-Natal
By Jaco Saunders, Commercial Director at MACmobile Mobile money has seen massive uptake in Africa over the last decade, however, South Africa has lagged due to the country’s stringent banking legislation, which has been a significant barrier to entry. However, the potential for mobile money solutions cannot be ignored, and financial institutions are partnering with
Loyalty programme teams up with LIFT Airline to offer passengers added benefits Pick n Pay Smart Shopper loyalty members have another way of earning loyalty points, this time on all their travel bookings with South Africa’s newest flexible airline, LIFT. Smart Shopper members who book a LIFT flight online or in-store at any Pick n
A ‘COVID-19 and E-Commerce’ survey by Netcomm Suisse and UNCTAD that focused on nine emerging and developed economies, reported on how the pandemic changed the way consumers use ecommerce and digital solutions. More than half of the respondent’s now shop online more frequently with consumers in emerging economies having made the biggest shift to online
