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Staff Reporter

August Retail Sales See Uptick as Consumers Benefit From Moderating Inflation

Nominal retail sales for August 2017 grew a substantial 8.1 percent versus the same month last year, marking the quickest pace of growth the retail industry has seen in the past three months. This is according to the Mastercard SpendingPulse August 2017 report, which provides a macroeconomic analysis of retail …

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Walmart Reinvents the Returns Process

Shoppers are demanding that every aspect of their experience be quick, easy and free of friction. That’s why Walmart is transforming retail with unique, technology-powered offerings like Online Grocery Pickup, Pickup Towers, Mobile Express Money Services and free two-day shipping without a membership fee. Walmart is now focusing its attention …

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DHL and MallforAfrica Team up to Further Cross-Border E-Commerce to the United States

DHL Express, the world’s leading international express services provider recently announced its partnership with MallforAfrica, the award-winning global e-commerce company, which will facilitate selling of made-in-Africa products to customers in the United States. Businesses can do so via the eBay platform powered by MallforAfrica. Through this partnership, DHL locations will …

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Cornubia Mall Opens for Business

MEC for KwaZulu-Natal Human Settlements and Public Works, Ravi Pillay, together with Darryl Mayers, Head of Investec Property South Africa and EThekwini Municipality, have officially opened the 65 000m² brand new Cornubia Mall near Mount Edgecombe. The Mall opened its doors amid much fanfare and excitement from shoppers and retailers …

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Ladysmith Spar uses Pricer Electronic Labels to Support Perpetual Stocktaking

Bjorn Rencken, co-owner of the family-run Ladysmith Spar, says he has implemented Pricer electronic shelf labels (ESL) to support perpetual stocktaking and a view to centralised pricing, consistently correct prices and updates, stock management, and shrinkage control for all nine of his family’s stores. XON Retail deployed 12,000 Pricer labels …

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Steinhoff Raises EUR1 Billion By Listing And Placing 23.19% Of Its Interests In STAR on the JSE

Steinhoff has announced that Steinhoff African Retail Limited (STAR) listed on the JSE on 20 September 2017 and issued 750 million new STAR shares under a private placement in a book that was 4.8 times oversubscribed, raising an aggregate amount of R15.4 billion. The proceeds from the Private Placement were distributed by …

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Canal Walk welcomes Ackermans re-located, new look store

Ackermans recently relocated, and re-opened its doors in one of Africa’s leading retail, leisure and entertainment destinations, Canal Walk shopping centre. The 1618m2 store will supply all the quality clothing, footwear, and more, its customers have come to expect from the value retailer – only this time, it will have …

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Shoprite Opens 14 New Stores in SA

This week the Shoprite Group created more than 820 new job opportunities with the opening of 14 new stores across 6 different provinces in South Africa. The Group is South Africa’s largest private sector employer and created 6 027 new jobs in the 2017 financial year. This trend is set …

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Walmart Strengthens Sustainable Chemistry Commitment

Walmart is strengthening its sustainable chemistry policy for consumable products, reaffirming the company’s work to increase transparency, advance improved product formulations, and offer a larger sustainable product selection for customers. As part of the policy expansion, Walmart aims to reduce its consumables chemical footprint for Walmart and Sam’s Clubs U.S. …

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Mastercard And Swarovski Launch Virtual Reality Shopping Experience

Mastercard and Swarovski have launched a virtual reality (VR) shopping app for the Atelier Swarovski home décor line, a collection of functional and decorative crystal home accessories designed in collaboration with world-renowned architects and designers. The app immerses consumers in a tastefully decorated home where they can browse and purchase …

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