All South Africa articles
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News
White Stuff has been bought by The Foschini Group
Fashion retailer White Stuff has been acquired by The Foschini Group, which owns retailers such as Whistles, Phase Eight and Hobbs.
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News
Card Factory targets Middle East and Africa as it looks to go global
Card Factory is looking to expand in seven international markets and has announced its partnership with Middle East-based Liwa Trading Enterprises, which will act as its exclusive franchise partner in the region.
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News
Steinhoff first-quarter sales slump as scandal deepens
Steinhoff has posted a fall in its UK and overall first-quarter sales as chairwoman Heather Sonn warned that its accounting scandal could stretch beyond the €6bn already flagged.
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News
Poundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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Analysis
What Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
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News
Steinhoff boss Jooste resigns amid accounting scandal
Poundland owner Steinhoff’s chief executive Markus Jooste has stepped down with immediate effect as the group launches a probe into “accounting irregularities”.
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News
Steinhoff to buy America's biggest bedding retailer Mattress Firm
South African retail giant Steinhoff has agreed to acquire America’s biggest bedding retailer, adding 3,500 stores to its worldwide network.
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Opinion
Opinion: The timing is right for Steinhoff's move on Poundland
South African retail group Steinhoff failed to pounce on Home Retail and Darty earlier this year, but is now chasing a Poundland acquisition.
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Analysis
Analysis: 20 international giants that should be on the radar of UK retail
British and European retailers are increasingly attracting the interest of overseas buyers. Here are the names you need to know.
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News
Analysis: Why Spar South Africa's move into Switzerland stacks up
Spar South Africa has acquired a 60% stake in Spar Switzerland. Planet Retail’s Franziska Schmidt runs the rule over the deal.
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News
Sainsbury's clarifies option of hostile bid for Argos owner Home Retail
Sainsbury’s has opened the door to a potential hostile bid for Argos-owner Home Retail after clarifying its position in the battle for the retailer.
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Video
Short Cuts: What do we know about Office's potential new owners Truworths?
After Truworths agreed a deal to acquire footwear retailer Office for £256m, we take a closer look at the South African business – in 60 seconds.
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Analysis
H&M reports flat profits in third quarter after being hit by strong dollar
H&M has reported flat profits in its third quarter after the fashion retailer was negatively impacted by the strong dollar.
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Analysis
How to make the most of global grocery growth opportunities
The top 15 global grocery markets are poised to grow by 34% and be worth $8trn (£5.2trn) by 2020, the latest IGD forecasts show.
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Opinion
Why general merchandise boss John Dixon has left Marks & Spencer
The unexpected departure of M&S’s general merchandise boss has reignited speculation about machinations in the bellwether’s boardroom.
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News
Phase Eight poised for African expansion after Foschini buys the retailer
Phase Eight will be sold to South African retailer Foschini Group in a deal valuing the upmarket women’s fashion retailer at £300m.
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Gallery
Store gallery: Puma’s Johannesburg store streaks ahead of the competition
Puma Select’s Johannesburg store uses adapted and repurposed store design principals to create an innovative and flexible visual design.
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News
River Island invests to become 'multi-country, multichannel brand'
Fashion retailer River Island’s profits dipped in its last financial year because of “strong” investment in transforming itself into a “multi-country, multichannel brand”.
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News
Breakfast briefing: Retail news on TJ Hughes, Aldi and Next
Retail news round-up on August 27, 2014: TJ Hughes hires digital marketing agency; Aldi to roll out ‘healthier tills’ and Spree.co.za to stock Next merchandise.
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News
Waitrose taps into overseas demand for branded products
Waitrose is to build on the success of its own-label export business by selling products from brands including Cornish Sea Salt and Doves Farm Organic.