BOTSWANA grocery retailer, Choppies Enterprises, will sell its loss-making South African operations for only a rand to escape existing liabilities and inject 100 million rand ($6.8 million) into the business…. Read more »
Subsidised roller meal has started finding its way onto supermarket shelves, while millers have implored retailers holding onto old stock to approach their suppliers to be credited for the difference…. Read more »
AS Zimbabweans in the Diaspora trickle back home for the Christmas and New Year holidays, the retail sector hopes this would translate into growth in sales volumes. According to the… Read more »
FOMERLY Broadway SPAR Express, the new look outlet which is now called Broadway SPAR 12th Avenue, has completed a major faceliftwhich encompassed rebranding to become a one-stop-shop for all its… Read more »
Edgars says it is opening new stores despite falling consumer spending that resulted in a 23% drop in volumes in the months to September. Unit sales at Edgars stores were… Read more »
With the exit of South Africa’s Pepkor, Power Sales is remodeling the business to source product from local manufacturers. Under Pepkor, all Power Sales stock was sourced 100% from South… Read more »
THE Confederation of Zimbabwe Retailers (CZR) says the price of mealie-meal should come down following President Mnangagwa’s directive that the subsidy on maize must be restored. Initially Government had announced… Read more »
LOCAL directors of Power Sales, one of Zimbabwe’s largest clothing retail chains, are in talks to buy out South Africa’s Pepkor. Pepkor, which controls about 20 local Power Sales retail… Read more »
MORE businesses in Zimbabwe have joined the Black Friday craze set for today by slashing prices of their goods and services in a bid to stimulate consumer spending. For others… Read more »
CLOTHING retail chain, Power Sales, says it will not close down operations in Zimbabwe although its parent company, Pepkor Holdings Limited, is exiting the country. In announcing the exit decision,… Read more »
