Posts tagged South Africa

  • Area News

    Shopping mall in Pretoria gets go-ahead

    The development by McCormick Property Development of a massive shopping mall in Pretoria West has been given the green light.

    2019 - Media Team Retailp.com

  • Area News

    South Africa's Spar Group to take majority stake in Piotr i Paweł

    South Africa's Spar Group is poised to take majority control of Polish retailer Piotr i Paweł, according to media reports, adding to the group's European retail operations in Ireland, southwest England, and Switzerland

    2019 - Media Team Retailp.com

  • Area News

    South Africa's TFG concludes deal buy Jet stores, some approvals pending

    South African retailer TFG said it has concluded the agreement to buy select assets of budget clothes retailer Jet from the administrators of rival Edcon and expects to meet all conditions by the end of September. The acquisition plan was originally announced last month.

    2020 - Media Team Retailp.com

  • Area News

    HanesBrands acquires Bras N Things

    With the acquisition, Hanes’ combined Australian commercial businesses would hold the No. 1 market position in bras and the No. 1 market position in panties in Australia, as well as the No. 1 market position for underwear, socks and babywear.

    2018 - Media Team Retailp.com

  • Area News

    South Africa's Massmart to close non-performing stores

    South African retailer Massmart said it plans to close all of its non-performing stores, as cash-strapped consumers battle with high unemployment, modest wage increases and higher average fuel and utility prices.

    2020 - Media Team Retailp.com

  • Area News

    South Africa's Massmart could cut 1,440 jobs

    South Africa's Massmart Holdings could cut up to 1,440 jobs under a plan to close some stores, the retailer said on Monday as it struggles to grow sales in a tough economy.

    2020 - Media Team Retailp.com

  • Area News

    Famous Brands captures Gourmet Burger Kitchen

    South African firm Famous Brands has bought premium burger chain Gourmet Burger Kitchen (GBK) for £120m from Capricorn Ventures, the owner of Nando's.

    2016 - Media Team Retailp.com

  • Area News

    R850 million Mall of Tembisa gets off the ground

    McCormick Property Development (MPD) are currently developing a new 42 889 sqm shopping centre in Tembisa on Gauteng’s East Rand.

    2019 - Media Team Retailp.com

  • Area News

    Yuppiechef is opening stores in South African malls

    Yuppiechef raised eyebrows when it recently started opening stores in South African malls

    2018 - Media Team Retailp.com

  • Area News

    Boardwalk Precinct gets R600m Retail project

    The Boardwalk Casino and Entertainment World in Port Elizabeth is undergoing an R600 million extend and upgrade in the retail area.

    2019 - Media Team Retailp.com

  • Area News

    Walmart's Massmart to open 20 stores in pan-African expansion

    ​South African retailer Massmart is continuing its pan-African expansion with plans to open about 20 new stores outside its home market over the next three years, the company’s chairman said on Monday.

    2018 - Media Team Retailp.com

  • Area News

    The Mall of Africa, South Africa’s biggest single-phase shopping mall development

    Atterbury, South Africa’s leading property developer and investor, will be opening the doors to the ZAR5 billion Mall of Africa this week

    2016 - Media Team Retailp.com

  • Area News

    Menlyn Park Shopping Centre to cement its place as Africa’s largest mall

    Despite a slowdown in consumer spending across South Africa, Pretoria’s Menlyn Park Shopping Centre is undergoing a R2.5-billion revamp that will make it the largest mall in Africa, unseating Durban’s Gateway Theatre of Shopping.

    2016 - Media Team Retailp.com

  • Area News

    South Africa's first Starbucks opens to long queues

    Starbucks is the latest US chain to court brand-conscious consumers in South Africa.

    2016 - Media Team Retailp.com

  • Area News

    South Africa's Woolworths pulls plug on Ghana

    South African department chain Woolworths has pulled the plug on its Ghanaian business after closing its two stores there, in a second retreat from West Africa.

    2019 - Media Team Retailp.com