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...
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...
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...
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.
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...
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...
Steinhoff International divests UK furniture business to Alteri
South African retailer Steinhoff International has agreed to divest its furniture business in the UK...
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...
M&As this week: KAR Auction Services, Robinsons Retail, Vingroup
KAR Auction Services Inc has agreed to acquire CarsOnTheWeb (COTW) for approximately €156m ($177m).