South Africa: latest retail news, insights and analysis | ESM Magazine

Climate Concerns Whet Appetite For Veggie Burgers In South Africa

In South Africa, a country where 'braai' all-day barbecuing is a national pastime, plant-based substitutes are making surprising inroads despite a deep cul...

South Africa's Pick N Pay Sees Pressure From Inflation, Power Cuts

South Africa's Pick N Pay Stores Ltd said on Tuesday inflation and power cuts in the second half of the year would add to the cost pressures the grocery re...

Walmart Agrees To Buy Remaining Stake In South Africa's Massmart

US retail giant Walmart Inc has signed an agreement to begin buying the 47% stake in South African retailer Massmart it does not own, the compani...

Shoprite's Annual Profit Rises As Inflation-Hit South Africans Drive Demand

South Africa's biggest grocer Shoprite Holdings reported a 10.3% increase in annual profit as shoppers flocked to discount store chains for every...

Walmart Offers To Buy South African Retailer Massmart

US retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer for the 47% of Massmart shares it does not already own, a deal Massmart...

South Africa's Woolworths Annual Sales Helped By Second-Half Improvement

South Africa's fashion and grocery retailer Woolworths Holdings said its annual turnover rose by 1.4%, helped by an improved second half of the year as loc...