South Africa retail News
Latest articles and news about South Africa retail on AXL Media.
Latest Articles
- Billionaire Christo Wiese Consolidates Retail Holdings With R6.87 Million Shoprite Share Purchase From Son
Published: Apr 11, 2026
Section: Africa
Retail magnate Christo Wiese has acquired 25,000 Shoprite shares from his son, JD Wiese, through a transaction valued at R6.87 million. The move, executed via the elder Wiese's inv...
- Malaysian Giant MR.DIY Accelerates South African Expansion With Plans To Double Store Footprint
Published: Apr 8, 2026
Section: Africa
Retailer MR.DIY has opened its fifth South African location, signaling a strategic push to double its presence by the end of 2026. The company is prioritizing large scale brick and...
- Woolworths Expands Into Private School Tuckshops Amid Major Executive Leadership Transition
Published: Apr 6, 2026
Section: Africa
Woolworths is scaling its "Woolworths Ventures" division by partnering with elite private schools like Curro Century City to operate on-site tuckshops. This growth initiative coinc...
- Marc Jacobs Opens First African Designer Café In Johannesburg Merging High Fashion Retail With Luxury Halaal Dining
Published: Apr 4, 2026
Section: Africa
The Marc Jacobs Café has officially launched within the Maison Deux department store at Hyde Park Corner, marking the brand's debut on the continent. The establishment features a s...
- Retailability CEO Norman Drieselmann Advocates for ‘Right-Sizing’ as the Future of Sustainable South African Retail
Published: Mar 25, 2026
Section: Business & Economy
In a strategic shift away from the "bigger is better" model, Retailability CEO Norman Drieselmann has successfully reduced Edgars’ physical footprint by 20% to drive operational ef...
- How Musician Danny K Reimagined the Sweets from Heaven Legacy Amidst Retail Mall Decline
Published: Mar 24, 2026
Section: Companies & Industry
The iconic South African candy brand Sweets from Heaven has shifted its business model from a ubiquitous mall presence to a streamlined confectionery platform under KD Foods. Found...
- Kalahari Mall Divested for R800 Million as Hosken Consolidated Consolidates Regional Asset Portfolio
Published: Mar 12, 2026
Section: Real Estate
Hosken Consolidated Investments has reached an agreement to sell its interest in the Kalahari Mall in Upington to NAD Property Income Fund for R800 million. The transaction involve...
- SPAR Group Divests UK Business as Part of Global Structural Realignment
Published: Feb 23, 2026
Section: Companies & Industry
The SPAR Group has confirmed it is nearing the finalization of the sale of its UK operations, Appleby Westward Group (AWG), marking a significant step in its strategic withdrawal f...
- Pick n Pay CEO Sean Summers Set to Transition to Strategic Leadership Role in March 2026
Published: Feb 23, 2026
Section: Companies & Industry
Pick n Pay has confirmed that its CEO, Sean Summers, will transition into a new executive position within the company starting next month. The move marks a significant phase in the...