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Staff Reporter

Booking.com Teams Up with Ingenico ePayments to Boost Global Payments Acceptance

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, announced that it has signed an agreement to provide global payment processing and conversion optimization services to Booking.com. With Ingenico’s global footprint and large portfolio of international cards and alternative payment products, Booking.com is able to increase the conversion …

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Masscash Subsidiary Cambridge Food Completes Arch Retail-SAP Integration

Spinnaker Software is proud to celebrate its long-standing relationship with Cambridge Food, a subsidiary of Masscash South Africa, and to announce the completion of a comprehensive integration to its SAP ERP system. The solution comprises Spinnaker’s tried and tested Arch Retail system, which offers comprehensive functionalities for managing the various departments …

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Merger between Amdec Investments Culemborg Investment Properties approved

The Competition Tribunal has approved the merger between Amdec and Culemborg Investment Properties, a property letting company offering specialised retail rental. Post-merger Amdec will control Culemborg. The primary acquiring firm Amdec group is a privately-owned property development and investment business. It owns a portfolio of immovable properties and property letting …

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Deloitte Global report finds retailers achieve steady growth despite challenging global economy

The top 250 global retailers generated aggregated revenues of US$4.31 trillion in fiscal year 2015, representing composite growth of 5.2 percent, according to the Global Powers of Retailing 2017: The art and science of customers report from Deloitte Global. “Slow economic growth in major developed economies, high levels of debt in emerging …

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NRF Foundation Announces The List Of People Shaping Retail’s Future 2017

The NRF Foundation today announced the 25 individuals named to The List of People Shaping Retail’s Future. The honorees represent the best and brightest individuals impacting the retail industry and will be recognized on January 15 at the NRF Foundation Gala during Retail’s BIG Show in New York City. “Retail is driven by millions …

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Tiger Brands Announces Year End Financial Results

JOHANNESBURG, 23 November 2016 Tiger Brands (JSE: TBS), South Africa’s leading fast moving consumer goods manufacturer posted a solid set of results for the year ended 30 September 2016, testament to the strength of its brands and ability of its leadership to navigate the difficult environment. The company recorded an …

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Competition Commission and Competition Tribunal give green light to Netcare outsourcing agreement with Clicks

Friday, 11 November 2016, Healthcare group Netcare and pharmacy retail group Clicks today announced that the Competition Commission and Competition Tribunal have approved the long-term agreement which they entered into on 8 June 2016, whereby Netcare will outsource its 37 retail pharmacies in Medicross medical and dental centres and 45 …

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Woolworths Holdings Limited To Acquire Politix, A Leading Australian Menswear Business

Woolworths Holdings Limited (“WHL”) today announced that its wholly owned subsidiary, Country Road Group had entered into an agreement to acquire Politix, a market-leading retailer in Australian designer menswear. Politix has 75 stores, including 31 concessions across Australia and FY2016 sales of A$56 million. The agreement is subject to the …

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Global Vision for Eastern Cape Retail Sector

The Eastern Cape retail sector is set to benefit from key global insights when South African expatriate Troy Zunckel returns to the country after more than a decade of international retail experience in Dubai. Zunckel heads to Port Elizabeth’s R2-billion Baywest Mall in April, taking the reins from outgoing GM …

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Mall of Africa Opens for Business

The iconic Mall of Africa today opens its doors for business in Waterfall City. The 131,038sqm mall marks the largest first phase completion of a mall ever in South Africa, boasts more than 300 outlets, is host to some of the world’s most famous retail brands and is valued at …

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