South Africa’s TFG agrees to acquire stores and select assets of Jet
South African retail company The Foschini Group (TFG) has submitted a conditional offer to the...
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Coronavirus:
Middle-east-and-africa
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![Conforama]()
Steinhoff agrees to dispose of shares in Conforama France to Mobilux
South African retail holding company Steinhoff International Holdings (group) has agreed to divest its shares...
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![Massmart]()
Massmart commences talks with unions to cut 1,800 jobs
South Africa-based retail chain Massmart Holdings has begun talks with employee unions to axe up...
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![ACI Worldwide]()
ACI Worldwide: Global retail eCommerce sales grew 81% in May
A research conducted by electronic payment service company ACI Worldwide has revealed that global retail...
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Covid-19 boosts demand for local products
Consumers’ concerns over developing Covid-19 have led them to trust locally sourced products more than imported ones. This preference for…
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![IKEA]()
Ikea reportedly reopens three of six stores in Israel
Swedish furniture brand IKEA has reportedly resumed operations in Israel with the reopening of its...
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![Dubai Hills Mall]()
Dubai Hills Mall
Dubai Hills Mall is a mega shopping complex being developed by Emaar Properties, in Dubai...
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![Festival Plaza]()
Festival Plaza, Dubai
Festival Plaza is a new shopping centre in Dubai, UAE, offering retail, entertainment and dining...
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Amethis acquires minority stake in Kenyan retailer Naivas
Investment fund manager Amethis has acquired a minority stake in Kenyan retailer Naivas Group for...
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Walmart’s South African unit Massmart to close 34 stores
Walmart’s South African unit Massmart has revealed plans to cut as many as 1,440 jobs.
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