Tag: retailer
The Crazy Store celebrates the opening of their 500th store!
The Crazy Store, South Africa’s leading value retailer, has opened its 500th store in Bayside Mall, situated in Blaauwberg, Cape Town.
Since the start in 1997, the brand has grown into one of...
Woolworths launches Woolworths Ventures. A unit that will give it flexibility in expansion
By Larry Claasen
WOOLWORTHS’s takeover of Absolute Pets cements its new growth strategy, as the pet chain will be housed in its newly created unit, Woolworths Ventures.
The new operation inside the retailer...
Woolies ESD programme backs 32 businesses with R391.7m in support in 2023
By Larry Claasen
Woolworths’s Enterprise and Supplier Development (ESD) programme has given emerging businesses a much-needed boost by providing “procurement opportunities” to the value of over R850,1-million over the past two years.
The...
Shoprite makes a strategic investment in local technology start-up
The Shoprite Group made its second minority investment in a South African tech start-up this year.
In the most recent transaction, the retailer is among a group of companies, led by Buffet...
Wiese to retire next year
South Africa’s largest retailer, Shoprite announced that its chairperson, Christo Wiese will retire at next year’s AGM.
This move follows concerted shareholder pressure on Wiese to stand down as chairperson, a position...
Fashion retailer Forever 21 files for bankruptcy
Forever 21 Inc lists both assets and liabilities in the range of $1 billion to $10 billion, according to the court filing in the US Bankruptcy Court for the District of...