Browsing: Retail and e-commerce

Retailer The Foschini Group’s e-commerce arm grew nearly 50% even as full-year headline earnings fell a third.

With Still Good, shoppers reserve surplus stock at Pick n Pay, Spar or Food Lovers and collect before closing.

Amazon’s Prime membership has gone live locally at R59/month, bundling free delivery, video and cloud gaming.

Priced at R59/month or R399/year, Prime now undercuts Amazon’s standalone Prime Video, signalling a fight for market share.

Pick n Pay’s online platform has reached profitability but rival Sixty60 still dominates when it comes to scale.

Prosus is selling a 5% Delivery Hero stake to Aspex Management to fulfil European Commission commitments.

The videogame retailer and meme-stock star has built a 5% stake and lined up $20-billion in debt to pursue eBay.

The real shift in retail is not online versus bricks and mortar, says NEC XON’s Minesh Manga, but the digitisation of the physical store itself.

Prosus has sold a 4.5% stake in Delivery Hero to Uber, advancing on commitments to the European Commission.

How Metacom’s enterprise networking solutions powered Hungry Lion’s expansion across seven countries.