Thursday , June 20 2019
Latest News

Edgars Acquisition Approved with Conditions

The Commission has taken a decision to recommend to the Competition Tribunal (Tribunal) that the proposed acquisition of Edgars Consolidated Stores Limited (ECSL) by New HoldCo (New HoldCo) be approved subject to conditions. The Commission found that the proposed transaction was unlikely to result in a substantial prevention or lessening …

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Games Stores has Announced the Opening of its 122nd Store in South Africa

Game stores announced the opening of its 122nd store in South Africa, in Springs Mall, Gauteng. Game is a renowned South African brand and is proud to expand its pink footprint in the community of Springs. We’re excited to offer Springs the lifestyle, grocery and electronic products at the unbeatable …

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SPAR South Africa Delivers New Local Growth Strategy

SPAR South Africa presented their new strategy to retailers and the industry, designed to continue to deliver growth in a challenging market, focusing on independent retailers who drive the brand and on ever-changing shopper needs. Having had a solid financial year ending September 2018, the Group saw a need to …

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Builders Debuts New Store Prototype at Builders Warehouse Boksburg

Builders has developed a new store prototype which debuts at Builders Warehouse Boksburg, Gauteng tomorrow. Dubbed The Store of The Future, this new 15 170m2 store features a technologically advanced design and a bouquet of services that simplify customer’s lives. Builders has digitised its in-store retail experience by offering free …

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How Digital Technology is Reshaping the Needs and Expectations of SA’s Young Consumer

An article by Rachel Thompson, Insights Director at GfK South Africa originally published here. We’re seeing the needs, expectations and behaviours of young South African consumers evolve at a pace that threatens to leave brands behind. As centennials – or Generation Z – move into the workforce and become the …

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Defy Drives Economic Growth Through New Production Centres

In a move to stimulate the South African economy, create employment and spearhead its technological advancements in-country, DEFY, a subsidiary of Arcelik Global, has invested >R1bn in upgrading three local production centres to serve as their strategic manufacturing hub. Fundamental to this endeavour is an investment of R130 million at …

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Carrefour Applies Blockchain Technology to its 8th Product

Carrefour continues to roll out blockchain technology to its Carrefour Quality Line products, improving food traceability for its consumers. Following in the wake of Auvergne chicken and farmhouse fattened chicken, tomatoes, oranges and fresh micro-filtered milk, Rocamadour CQL cheese is now benefiting from this technology. A PDO product that is …

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Clicks Group Lifts Earnings 13% with Iinterim Dividend up 15%

Clicks Group has reported a 13.2% increase in diluted headline earnings per share to 300.1 cents for the six months to February 2019, driven by strong health and beauty sales in an environment of low inflation, subdued economic growth and constrained consumer spending. The group increased its interim dividend by 15.1% …

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Micros South Africa Signs Partnership Agreement with Westpay

Westpay, a leading provider of payment solutions, and Micros South Africa (Pty) Ltd have signed an agreement, forming a long-term partnership to bring world-class digital payment services and solutions to hospitality customers across South Africa and surrounding countries. Micros is the leading provider of Hospitality Solutions in the south African …

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