Category Archives: South Africa

Kids Emporium launches in the UK

Undeterred by Brexit, South African entrepreneur Lauren de Swardt launched her franchise, Kids Emporium in Guildford, England. While the store only officially opened in July 2016, it is already creating a stir in the UK. Kids Emporium launches in the … Continue reading

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Poundland agrees to £597m takeover from Steinhoff

Poundland storeDiscount chain Poundland has agreed to a £597m takeover by South African retail group Steinhoff International. Steinhoff said Poundland would be a “complementary fit” to its expansion plans in the UK and the rest of Europe. Poundland operates more … Continue reading

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Edcon struggles in tough retail environment

The company latest set of financial results are pending but analysts see little hope of improvement, writes Colleen Goko IT HAS been a little more than three months since Edcon’s 2016 financial year calendar came to a close, but the … Continue reading

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Edcon brings top executive heavyweights on board

STRUGGLING retailer Edcon on Thursday announced the appointment of a heavyweight team of former top executives as independent nonexecutive directors. They are former Absa deputy CE Louis von Zeuner, David Brown, who was CEO of Impala Platinum, and Thabo Mosololi, … Continue reading

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SA stocks up 22% in 2012 on retail surge

Johannesburg – South African stocks ended the year near record highs on Monday, after a 22 percent surge that marks their best annual return since 2009, lifted by a runaway performance from the booming retailing industry. The benchmark Top-40 index … Continue reading

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Pick n Pay opens new branch in Walvis Bay, Namibia

Walvis Bay ‘ The refurbished Seagulls Shopping Centre at Walvis Bay has now been converted into Pick ‘n Pay Shopping Centre that cost N$20 million. The opening ceremony was attended by new Walvis Bay Mayor Derek Klazen, who described the … Continue reading

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Nando's set to add extra flavour to Abu Dhabi

The Afro-Portuguese restaurant chain Nando’s plans to expand in the UAE next year. The fast-food chain, which opened its first restaurant in the Emirates a decade ago, currently has 11 outlets in the country and aims to eventually double the … Continue reading

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