News zum Sektor Handel aus Südafrika

 

Applesauce sold at ShopRite, Fairway Market, and other grocery chains after FDA testing found elevated levels of patulin....

Pick n Pay Stores Ltd. named retail veteran Spencer Sonn to succeed Sean Summers as chief executive officer and complete a turnaround of the South African grocer that remains unfinished more than three years after Summers returned to rescue the business....

Pepkor Holdings Ltd. shares tumbled the most in more than three years after the South African discount clothing retailer forecast muted profit growth as the cost of building its new banking business weighs on profit....

LONDON, Sept. 9, 2026 /PRNewswire/ -- Pick n Pay Clothing has been recognised with the 'Excellence in Customer Loyalty – South Africa' title at the Global Brand Awards 2026, organised by Global Brands Magazine. The Global Brand Awards recognise organisations that demonstrate sustained......

[Scrolla] The Foschini Group plans to close 180 stores over the next three financial years, putting jobs at Foschini, Markham and Sportscene stores at risk. The group has not said how many jobs could be affected, but 85 stores have already closed in the past 21 weeks as shoppers move online....

HONG KONG--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Ping An Health Insurance Company of China, Ltd. (Ping An Health) (China). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect Ping An Health's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect the implicit and explicit support that Ping An Health receives from its two major shareholders, Ping An Insurance (Group) Company of China, Ltd. (Ping An Group) and Discovery Limited, with respect to capital and financial support, business development, as well as investment and risk management.Ping An Health's risk-adjusted capitalisation remained at the strongest level at year-end 2025, as measured by Best's Capital Adequacy Ratio (BCAR). The company maintained solid gr...

South Africa's antitrust authority will consider market-conduct probes into malls and shopping centers in predominantly Black urban communities and rural areas that make it difficult for small, independent retailers to trade in those spaces and are engaging in exclusionary practices....

Foschini Group Ltd. plans to close about 280 stores in Africa through 2029 as the retailer hones in on online sales, which are outpacing the performance of its physical operations....

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Woolworths Holdings Ltd. is reorienting its business around its upmarket South African food operations, putting its best-performing division at the center of the group as new Chief Executive Officer Sam Ngumeni seeks to revive growth after annual profit declined....

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Shoprite Holdings Ltd.'s dividend beat estimates as profit rose, with Africa's biggest grocer buying the Vida e Caffè coffee-shop chain and a majority stake in R&A Cellular to give it more exposure to quick-service restaurants as well as the technology and payments space....

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Clicks Group Ltd. is pushing deeper into the economy of South Africa's predominantly Black urban communities with a new brand aimed at competing for consumers who often shop outside of formal retail stores....

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Savers now have more flexibility over how long to lock away their money for while still receiving a good rate....

Shoprite Holdings Ltd. raised its earnings guidance as sales at the e-commerce unit of Africa's largest supermarket chain surged....

Standard Bank Group Ltd.'s Kenyan unit plans to double its retail footprint across the East African nation in three years as the continent's biggest lender seeks to capture more clients and revenue....

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