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Gap Inc. to Retain Iconic Name

Gap Inc. today announced that, following the completion of the planned spin-off of Old Navy, the new public company, currently referred to as NewCo, will retain the Gap Inc. name. The new Gap Inc. will be a portfolio of brands, including Gap brand, Banana Republic, Athleta, Intermix, Janie and Jack, …

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Woolworths Trials Innovative ‘Circular Economy’ Inspired Paper Shopping Bags

On its ongoing commitment to phase out single-use plastic shopping bags by 2020, Woolworths has announced its first trial of specially-designed paper bags for fashion, beauty and homeware purchases.  In alignment with its Good Business Journey, every aspect of the impact of the new paper bags has been considered, from …

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SuitePOS and PayPal Deliver In-Person Payments to Retailers on NetSuite and Salesforce

SuitePOS, a single POS app that provides multiple in-store checkout options for retailers running NetSuite or Salesforce, now works with PayPal Here to simplify in-person payments and lower processing costs. SuiteRetail, the makers of SuitePOS for NetSuite and Salesforce, has integrated with PayPal Here to offer a modern and simplified …

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Cape Consumers and Iemas have launched Co-Switch to Local Consumers and Retailers

A new payment services platform, utilised by two of South Africa’s oldest member organisations, promises to open up the buy-aid market to consumers and retailers alike. Co-Switch, a newly launched closed-loop payments platform, is currently being introduced to Cape Consumers and Iemas’ members and retail partners. Cape Consumers under their …

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100th Checkers Store Opens in Gauteng at Ferndale on Republic

Checkers opened the doors to its 100th store in Gauteng at Ferndale on Republic, previously known as Brightwater Commons in Randburg, on Thursday, 29 August 2019. Almost 90 new jobs were created, bringing the full staff complement at Checkers Ferndale to 137, of which 105 are women and 108 are …

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First new-look Checkers Opens in Mpumalanga at White River Crossing

Checkers opened the doors to its first new-look store in Mpumalanga at the White River Crossing lifestyle shopping centre on Thursday, 22 August 2019. Almost 100 new jobs were created, bringing the store’s full staff complement to 159, of which 107 are women and 120 are youth (between the ages …

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Virtual Card for Online Shopping Payments are on the Up, says Standard Bank

Consumers are embracing the technology offered by virtual cards, as Standard Bank starts to see the benefits of online shopping ecosystem, nine months after the launch its virtual card proposition. In the past nine months, virtual card payments have increased by more than 300%, though they started off at a …

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SPAR Nigeria Wins Two Prestigious Awards

The Managing Director of Artee Group, the licence holder of SPAR Nigeria, Haresh Keswani, was recently honoured with a Lifetime Achievement Award, while SPAR Nigeria was awarded Retail Brand of the year at the BusinessDay Nigerian Business Leadership Awards 2019. The Business Day Leadership Awards recognise leaders who have created …

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Allied Wallet Africa Announces Integration with J2Store

Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, is pleased to announce a new integration with J2Store, a powerful, mobile-friendly Joomla shopping cart and e-commerce solution. Allied Wallet Africa’s wide set of payment solutions are now integrated with J2Store to provide new opportunities for …

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Shoprite Outperforms Market in Second Half

Key information Sale of merchandise increased by 3.6% to R150.4 billion. Trading profit decreased by 14.3% to R6.9 billion. Diluted headline earnings per share of 779.9 cents, down by 19.6%. Dividend per share of 319 cents declared (2018: 484 cents). Opened a net of 126 stores during the 12 months …

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