Africa – Page 2
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OpinionComment: More of the same for global retailers in 2015
Despite a gradually improving global picture retail in 2015 will still see a continuation of slow progress for many retail firms.
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NewsPhase Eight poised for African expansion after Foschini buys the retailer
Phase Eight will be sold to South African retailer Foschini Group in a deal valuing the upmarket women’s fashion retailer at £300m.
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GalleryStore gallery: Puma’s Johannesburg store streaks ahead of the competition
Puma Select’s Johannesburg store uses adapted and repurposed store design principals to create an innovative and flexible visual design.
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AnalysisInternational analysis: The global etailers big enough to rival Amazon
Powerful online retailers are emerging globally and giving the etail giant Amazon a run for its money. Retail Week takes a closer look.
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NewsWaitrose taps into overseas demand for branded products
Waitrose is to build on the success of its own-label export business by selling products from brands including Cornish Sea Salt and Doves Farm Organic.
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AnalysisInnovation watch: Cairo Kidzania – the centre where kids can try different jobs and earn 'money'
Part theme park, part learning centre, Kidzania encourages children to explore and dream about future careers with the help of national and international brands.
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NewsWaitrose strikes export deal to sell its products in South Africa
Waitrose products are to be sold in South Africa after the grocer struck an export deal with local retailer Fruit & Veg City.
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NewsJoe Fresh unveils global expansion plans as it inks new partnerships
Joe Fresh, the Canadian clothing retailer, has revealed international expansion plans that will see it expand outside North America for the first time.
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NewsNew Look international boss joins Retail Week Live line-up
New Look managing director for international Bernhard Ruf has joined the roster for Retail Week Live.
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News
Clicks Group reports turnover increase
Clicks Group’s turnover increased 11% to ZAR8.5bn (£614.4m) in the first half of its financial year ended February 28.Clicks’ drugstore turnover rose 7% to ZAR5.6bn (£404.8m), while the number of stores reached 430.Operating profit at the group’s music and video chain, Musica, increased 27.3% despite the closure of eight outlets.However, ...
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News
Sales increase at Walmart-controlled Massmart
Walmart-controlled Massmart’s preliminary sales increased 14.6% to R36.1bn (£2.57bn) in the first half to December 23, 2012. Like-for-like sales increased 7.3%.
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AnalysisThe South African retail market: What do retailers need to know?
Sir Philip Green’s decision to take Topshop and Topman into South Africa reflects growing interest in this market.
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AnalysisOverseas growth: Why the VISTA countries are worth considering
Retailers eyeing overseas growth often look at the BRIC markets, but VISTA countries – Vietnam, Indonesia, South Africa, Thailand and Argentina – are worth considering.
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AnalysisHow to attract international shoppers
As a big summer of tourism approaches, Alison Clements finds out why the UK has such appeal to international shoppers, what they like to buy and how retailers can attract them.
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News
Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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AnalysisWhich are the most exciting emerging markets?
So where will you head off to in 2012? To help plan your international forays this year, Rebecca Thomson considers some of the most exciting emerging international retail markets in the most unlikely of places.
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NewsBigger role for Sunnucks as Gap picks London as its non-US base
US fashion giant Gap is to take advantage of the UK’s “great retail talent” by making London its new international hub as it improves efficiencies across the business.
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News
Clicks Group turnover up 14.7% to £881m
Health and beauty retailer and wholesaler Clicks Group posted a preliminary retail turnover increase of 14.7% year on year to ZAR9.7bn (£881m), and an increase in group turnover of 9% to ZAR13.3bn (£1.2bn) for the first half of its 2010/11 financial year ended February 28.“The results have been driven by ...
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News
Massmart H1 like-for-likes jump 7.3%
Retail and wholesale group Massmart - in which a 51% majority stake is expected to be acquired by Walmart by April this year - has announced a 13.3% sales increase for the first half of its current financial year. Sales rose to R27.37bn (£2.4bn) in the period to December 26, ...
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News
Woolworths H1 sales up 9.8%
Upmarket food and clothing retailer Woolworths reported group sales grew by 9.8% year-on-year in the first half ended December 26, 2010, along with positive margin development after more effective cost control. Pre-tax profit increased by 22.1% during the period. Food sales grew by 11.8%, while clothing sales were up 11.5%.In ...
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