Edcon quarterly loss not due to poor sales
Fashion retailer Edcon Holdings suffered a first-quarter loss of R643 million to June, compared with a R1,13 billion profit for the corresponding period a year ago. 29 Aug 2008 13:23
Woolies may give up half its Vincent store
[Siya Miti] Vincent Park could become the first casualty in East London's battle of the malls with a major tenant considering cutting its store in half in favour of another outlet in the new Hemingways Mall. 29 Aug 2008 13:14
Puma store opens in Mauritius
Mauritius received its first taste of dedicated Puma gear this month with the launch of the marque's first brand store on the island this month. Consumers and travellers to Mauritius will now have access to a wide range of Puma's sports lifestyle products available in one store. 28 Aug 2008 12:56
Massmart rolling out more stores
[Thabang Mokopanele] Retail group Massmart is rolling out more stores as it continues to grow sales despite an economic downturn, by offering low-cost, wholesale basic foods and consumer goods. 22 Aug 2008 11:35
Truworths wears smile in difficult conditions
[Thabang Mokopanele] Clothing retailer Truworths International has bucked the trend of slower retail sales by posting a 16% rise in sales to R5,65bn. 21 Aug 2008 11:26
PnP concept store is keystone to Sandton development
A 1950m2 unique Pick n Pay concept store will anchor the R280 million Morningside Shopping Centre redevelopment in Sandton, which is set to open in June 2009. 20 Aug 2008 12:37
Abil confident Ellerines will deliver value
African Bank Investments Ltd (Abil) says the reconfiguration of its Ellerines furniture business, including its financial services activities, is proceeding within expected timeframes and it remains confident of its ability to deliver value to customers and shareholders. 19 Aug 2008 12:07
Analysts await Woolworths, Massmart news
[Thabang Mokopanele] With retail sales having fallen for the fourth month running in June, analysts said on Friday it would be interesting to see how retail groups Massmart and Woolworths — which release their results this week — have withstood the consumer spending downturn. 18 Aug 2008 12:30
Pretoria retailers win the Revolution
Retailers operating at Menlyn Park Shopping Centre in Pretoria have dominated the Retail Revolution, a new annual awards competition covering some 2,000 shops in major retail complexes managed by Old Mutual Investment Group Property Investments (OMIGPI). Menlyn Park took nine of the categories, while Gateway Theatre of Shopping, Umhlanga, fared tops in its region with six awards, and the Cape's best scorer, Cavendish Centre, brought home five awards. 18 Aug 2008 11:13
The top SA brands of 2008
[Ingrid Rubin] I always look forward to the Ipsos Markinor/Sunday Times Top Brands survey as often there are some big movers and even bigger surprises when it comes to who has come up tops [video]. 18 Aug 2008 09:49
Retailers are feeling economic crunch
[Robert Laing] Mid-year is traditionally slow for retailers but this June, which saw total sales rung up by South Africa's tills fall to R39.7 billion from over R40bn in May, was worse than economists expected. 14 Aug 2008 11:03
eBay wins case over counterfeit L'Oreal goods
BRUSSELS: Online auctioneer eBay won a Belgian court case Tuesday against L'Oreal after the French cosmetics giant sued it over the sale of counterfeit goods. 13 Aug 2008 12:20
Shoprite expects high full year earnings
Grocer retailer Shoprite Holdings expects annual fully diluted headline earnings per share to rise between 45% and 55%, it said on Monday. 12 Aug 2008 11:10
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