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Woolworths set to acquire Australia's David Jones

Woolworths set to acquire Australia’s David Jones

South African retailer Woolworths is set to buy Australian department store chain David Jones for R21.4-billion (A$2.1-billion), in a deal that will create a leading southern hemisphere retailer with 1 151 stores across 16 countries.

The sharp-dressed men of Africa

The elegant, well-mannered and impeccably dressed African man is not a new phenomenon. But he is getting global exposure in the internet age. From the sapeurs of Congo to small town Namibia, these sartorial leaders are doing interesting things. But it is more than just the clothes; it is about meaning, manners and respect.

Congress to unpack retail success

Africa is bursting with opportunity as its markets expand and its citizens become more sophisticated. The World Retail Congress Africa will look at how businesses can be flexible and adapt to changes and needs to ride the wave of success.
African integration on Brics agenda

H&M to open shop in South Africa

Sweden's H&M, the second-biggest clothing retailer in Europe, is to open a store in South Africa, its first in sub-Saharan Africa, joining a growing number of international retailers looking to capitalise on Africa's growing middle class and South Africa's gateway position in the region.
Clicks Group expands into Botswana

Clicks Group expands into Botswana

South African health and beauty retailer Clicks Group has expanded into Botswana with the launch of its first Clicks store at the Game City, one of the largest shopping malls in Gaborone.
Walmart 'raring to go' in South Africa

Walmart ‘raring to go’ in South Africa

US retailer Walmart says it is looking forward to boosting South African exports, creating new jobs in the country, and using its controlling stake in local retailer Massmart to expand in the southern African region, following the competition authorities' approval of the merger.
Steinhoff bids for European retail chain

Steinhoff bids for European retail chain

JSE-listed diversified group Steinhoff International is in exclusive talks with French luxury goods and retail company PPR to acquire the entire issued share capital of Conforama, a leading European retailer of furniture and household goods, for €1.2-billion in cash.

Woolworths tests green refrigeration

Woolworths has begun trials to test nitrogen refrigeration technology on its truck fleet, in an effort to further reduce its carbon footprint and improve the transport of temperature-sensitive products.

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