Archived Retail Industry News
Archive Year | 2022 |
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News Archives: 2022
23/05/2022
Dis-Chem revenue passes R30 billion for the first time as it reports change in shopping habits
Pharmacy retailer Dis-Chem on Monday (23 May) reported strong revenue growth of 15.7% for the 12 months ended February 2022, exceeding R30 billion for the first time (R30.4 billion), with consumers resuming their pre-pandemic routines and shopping habits.
23/05/2022
Pharmacy price shootout: Dis-Chem vs Clicks
As South Africa enters into the winter months, citizens need to be aware of rising Covid cases and contend with the higher likelihood of catching other common illnesses associated with the colder weather.
20/05/2022
Calls to extend petrol tax relief as South Africa faces R25 a litre at the pumps in June
Civil action group Outa is calling on the government to extend its temporary relief on fuel taxes to be extended beyond the 31 May deadline.
20/05/2022
Massmart gets nod from Competition Commission for sale of fresh-food assets
The commission has recommended the Competition Tribunal approve the R1.36bn deal that forms part of the retailer’s turnaround
20/05/2022
South Africans are switching to cheaper brands to keep meat on the plate, says new report
Cash-strapped South Africans are swapping out their preferred meat brands and products for cheaper alternatives, a new study by Unilever food group's Knorr shows.
19/05/2022
Product launches and live demos at largest HERVAC trade exhibition
FRIGAIR expo is the largest dedicated HERVAC trade exhibition in Africa showcasing the entire heating, energy, refrigeration, ventilation and air conditioning industries. Many new products will be launched at FRIGAIR and live demonstrations of products will take place on many of the exhibition stands.
18/05/2022
Pick n Pay to launch new store brand to take on Checkers and Woolworths
Retailer Pick n Pay has announced plans to take on Shoprite and Woolworths across three main market segments with the launch of “Project Red”.
Shoprite Checkers will issue 40 million Shoprite Checkers shares, with an estimated value of R8.9 billion, for the benefit of its employees to recognise their valued contribution and ensure their ongoing participation in the Shoprite Group’s continued growth and success.
17/05/2022
Pick n Pay sets out new strategic plan
The Pick n Pay Group today launched a comprehensive new strategic plan, which Group CEO Pieter Boone described as the “biggest and most important change in Pick n Pay for many years”.
17/05/2022
Mzansi’s favourite custard brand shakes things up for its 50th birthday
UltraMel custard launches full cream ready-to-drink milkshakes in 3 delicious flavours – Vanilla, Chocolate & strawberry
17/05/2022
Pick n Pay delivers resilient performance with solid turnover growth, despite civil unrest
Pick n Pay published its financial results for the year ended 27 February 2022.
16/05/2022
Spar donation marks historic collaboration in fight against GBV
An initiative between the Spar Group Ltd and the National Prosecuting Authority [NPA] has culminated in a donation of basic groceries and care items to the value of R300 000 per month to the NPA’s Thutuzela Care Centres.