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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Long4Life to buy South African fashion retailer Rage for $280.9m
Investment company Long4Life is set to purchase South African fashion retailer Rage Distribution Proprietary for...
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Online fashion retail brands Superbalist and Spree to merge
Online retailer Takealot.com is set to merge its online fashion brand, Superbalist, with Media24’s Spree...
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Brands ban mohair after animal cruelty investigation
Some of the biggest fashion labels have pledged to stop selling clothes containing mohair after...
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M&As this week: Leslie’s Poolmart, Zinox Technologies, Midwest Timer Service
Leslie's Poolmart has completed the acquisition of Valley Pool Sales (Valley Pool & Spa).
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