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Retail community of Africa |
Retailers newsFood and furniture retailer Shoprite has vowed to push ahead with its expansion into Africa. 3 Sep 2008 South African supermarket group Shoprite Holdings on Tuesday reported a 54.1% increase in diluted headline earnings per share to 298.6 cents for the year ended June 2008 from 193.8 cents a year ago. 2 Sep 2008 Retail giant Edcon said last week it would continue to grow sales in the coming months despite a tough trading environment characterised by rising food prices and high inflation. 1 Sep 2008 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 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 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 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 More Retailers news...
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