retail industrylatest news & developments
SPAR is pressing ahead with a broad turnaround plan while searching for a new chairperson and additional independent directors, with management warning that the financial recovery will lag operational improvements.
SPAR

SPAR targets November board appointments as turnaround gathers pace

SPAR is pressing ahead with a broad turnaround plan while searching for a new chairperson and additional independent directors, with management warning that the financial…

  • Ashley Lechman
4 min read
Customer reviews and price promotions are the two strongest influences on online purchase decisions.
RETAIL INDUSTRY

Peer pressure beats ads: What really drives SA's online shoppers

According to new World Wide Worx data, customer reviews and price discounts drive over 55% of South African online purchases, leaving brand ads and influencers far behind.

  • Willem van de Putte
4 min read
With household finances under pressure, South African consumers are increasingly using AI to research products, compare prices and assess whether brands are delivering genuine value.
AI

South African shoppers using AI to get more value

Amid rising living costs, South African consumers are turning to AI to make smarter shopping decisions, but are brands keeping up with their expectations?

  • Ashley Lechman
5 min read
Outgoing SPAR chairman Mike Bosman, who played a pivotal role in the company's recovery efforts, has resigned alongside deputy chair Shirley Zinn.
SPAR GROUP

SPAR Group faces leadership transition as chairman and deputy chair resign

SPAR chairman Mike Bosman and deputy chair Shirley Zinn have resigned, citing sustained hostility and threats amid continuing tensions with some retailers.

  • The National Reporter
2 min read