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LATEST NEWS FOR Pepkor Holdings Ltd.  

The group is a diversified retailer of significant size and scale operating across four segments. All the retail brands within the segments focus on discount, value and specialised goods and retail clothing, general merchandise, household goods, furn... [more info]

Time to break up Brait?

12 Aug 2019 /  Hilton Tarrant   6
An expensive exercise in misallocating shareholders’ capital …

Pepkor Q3 revenue up 12%, warns of volatile outlook

7 Aug 2019 /  Emma Rumney, Reuters    1
Revenue climbs on Easter sales.

Massmart in need of an ‘Edcon-like’ overhaul?

7 Aug 2019 /  Suren Naidoo   30
Retail analysts say it is overspaced, with weak strategies and divisions that operate ‘too autonomously’ in an economic environment that doesn’t support its business model of high volumes and low margins.

Durban demolishes derelict buildings to unlock Point development

30 Jul 2019 /  Suren Naidoo  
Malaysian-based UEM Sunrise is pumping new energy into the multi-billion-rand development at the entrance to SA’s busiest port.

PIC increased its exposure in Steinhoff to ‘influence better governance’

17 Jul 2019 /  Tebogo Tshwane   9
Why did the state asset manager not pull out instead?

Footgear buys Edgars Active as Edcon downscaling continues

16 Jul 2019 /  Suren Naidoo   1
Backed by Old Mutual’s private equity arm, Footgear will take on the likes of Tekkie Town and Sportscene.

The winners in the Steinhoff mess

15 Jul 2019 /  Hilton Tarrant   26
Advisors, auditors and lawyers score big …

Scandal-hit Steinhoff reports R5.5bn loss in first half

UPDATE
12 Jul 2019 /  Nqobile Dludla, Reuters    8
Steinhoff blames losses on the cost of advisors and professional fees as it cleans up its balance sheet.

Steinhoff: Proliferation of legal actions pose threat

24 Jun 2019 /  Barbara Curson   11
Group will seek to recover losses and damages suffered.

Steinhoff produces radioactive report

20 Jun 2019 /  Barbara Curson   15
Cautionary notices, caveats and disclaimers abound.

Pepkor ‘still doing the right things’ – CEO

30 May 2019 /  Marcia Klein    1
Pressure on consumer spending, political uncertainty and power cuts hurt results as group maps its recovery.

Global markets turn red as trade wars continue to brew

29 May 2019 /  Moneyweb  
China retaliates by striking the US where it hurts, in the rare earths.

Pepkor misses H1 sales expectations

29 May 2019 /  Nqobile Dludla, Reuters    2
Cash-strapped shoppers and the shift of Easter to April this year hit demand for clothing and general merchandise.

Five things making headlines in South Africa today

29 May 2019 /  Moneyweb  
Pepkor, Famous Brands and Vukile Property Fund results, Nampak's glass business negotiations ongoing, Ramaphosa's delayed cabinet announcement.

Five things making headlines in South Africa today

7 May 2019 /  Moneyweb  
One day to elections, Steinhoff results expected, AB InBev Q1 results, Sacci business confidence.

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