Why have so many South African retailers been glacially slow in adopting technology-based innovation? In many cases, it arguably comes down to myopic control of IT spend. By Allan Dickson.
South Africa’s main share index jumped 2.1% as of 10.07am in Johannesburg, setting a fresh intraday record, as Naspers was lifted by a surge in partly owned Chinese online giant Tencent.
In the latest profile in the CxO Insights series, TechCentral speaks to Richard van Rensburg, chief technology and security officer at Pick n Pay, and how technology is shaking up the retail sector.
Woolworths on Thursday published its results for the 52-week period ended 28 June 2020 and, despite a slump in earnings caused by the Covid-19 lockdown, online sales spiked higher.
In the midst of the Covid-19 lockdown, supermarket giant Pick n Pay is upping the ante in South Africa’s online retail game by launching a same-day grocery delivery service in partnership with Bottles.
Although online retail counts for less than 1% of South Africa’s total retail revenue, local e-commerce players are betting on a rapidly maturing market that is moving online with increasing confidence. According to a recent survey released by advisory firm PwC, the