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:
South-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 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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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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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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USPA wins trademark legal battle against South Africa’s LA Group
The United States Polo Association (USPA) and its exclusive South African licensee Stable Brands have...
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Checkers launches on-demand one-hour grocery delivery service
Shoprite Holdings-owned and South African-based supermarket chain Checkers has launched its new on-demand 60-minute mobile...
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Steinhoff International divests UK furniture business to Alteri
South African retailer Steinhoff International has agreed to divest its furniture business in the UK...
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TFG to invest $35m in technology to adapt to changing retail trends
South African retailer The Foschini Group (TFG) has announced its plans to invest $35m in...
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M&As this week: KAR Auction Services, Robinsons Retail, Vingroup
KAR Auction Services Inc has agreed to acquire CarsOnTheWeb (COTW) for approximately €156m ($177m).
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