E-commerce sites use electronics as bait for Black Friday
Local e-commerce sites will use the “loss leader” approach, as they offer mega deals in exchange for new customers.
Superbalist expects R1bn private-label sales in three years
The Naspers online fashion retailer hopes to generate more than R1 billion in earnings through its in-house labels in the next three years.
Black Friday online sales increased 700% this year
While completed transactions online on Black Friday 2018 grew by close on 700%, the average shopper spent less than last year.
Spree, Superbalist merger to create online retail giant
The marriage between online fashion brands Spree.co.za and Superbalist.com has forged ahead successfully.
Takealot confident of CompCom approval of Naspers deal
CEO Kim Reid believes Naspers' R960 million investment in the online retailer will not run into any issues with the Competition Commission.
Online shopping scores as South Africans buy into Black Friday
Takealot and Superbalist say this past shopping weekend was one of the best they have seen.