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

South Africa's Citrus Exports Flat As Infrastructure Woes Sour Season

South Africa's citrus exports remained flat during the 2023 season, missing an industry target as the country's electricity and logistics problems worsened...

Notes From Africa: Heineken, ANB Group, Guinness Nigeria, Cosumar

Here’s the latest in ESM’s regular series, Notes From Africa, which brings you the latest retail, consumer goods, and food-and-bevera...

South Africa's Woolworths Steps Up Battle For Affluent Shoppers With Absolute Pets Deal

South African fashion and food retailer Woolworths will buy a 93.45% stake in pet care retailer Absolute Pets from Sanlam Private Equity and Absolute's man...

SPAR Group To Dispose Of Polish Operations

South Africa's SPAR Group has said that following a review of its Polish operations, it has decided to commence a the disposal of its operations in the cou...

Pick n Pay Founder Raymond Ackerman Passes Away Aged 92

Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa's leading grocery retailers,...

South Africa's Shoprite Will Spend $440m To Support Market Share Growth

Shoprite plans to spend about 8.5 billion rand ($443 million) to increase supply chain capacity, add stores and strengthen its digital capability, Sou...

South Africa's Woolworths' Annual Profit Rises On Sales, Online Boost

South African retailer Woolworths has reported a nearly 15% rise in annual profit as promotional sales, online growth and lower debt offset the impact of p...

South Africa's Shoprite Sees Sales Up 16.9% In Full Year

South African supermarket group Shoprite has reported sales growth of 16.9% to R215.0 billion (€11.1 billion) in its full financial year ended 2 July...