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

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

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

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

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

Best Buy is trying a new retail channel - the vending machine, of all things. The electronics retailer plans to place automated kiosks at airports across the US in an effort to reach customers while they're travelling. The machines will offer MP3 players, phone chargers and other smaller items. 12 Aug 2008

Swiss-based luxury goods group Richemont announced today it had acquired a controlling interest in the Geneva watch company, Manufacture Roger Dubuis SA in a private transaction with Carlos Dias, one of the founding shareholders. 11 Aug 2008