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African businesses help boost Shoprite turnover by 14%

18/01/2017 - 08:17

Cape Town - The Shoprite Group increased its turnover by 14.0% from R62.5 billion to R71.3 billion for the six months to December 2016, the Group said in a note to shareholders.  

“Sales in the South African supermarket operation continued in the same trend as the first six months of the calendar year and, supported by good festive trading, increased by 10.7%. Growth on a like-for-like basis was 7.4% with internal inflation averaging 7.4% for the period.” The group’s non-South African su... 

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Abercrombie & Fitch suffers 14th straight quarterly sales tumble

31/08/2016 - 09:08

Teen apparel retailer Abercrombie & Fitch reported on Tuesday that Q2 net sales fell 4% from the same quarter last year to $7...

Report: Retailers should respond to needs of ‘silver’ shoppers

31/08/2016 - 09:02

Convenience stores stand to benefit the most from a greying population. That’s according to new report from Fung Global Ret...

Macy's to shutter 100 stores, stock soars

12/08/2016 - 10:02

Macy’s said on Thursday that it will close 100 full-line stores by early 2017, targeting locations where the value of the r...

Huge grocery retailers show rising confidence in SA’s small businesses

23/06/2016 - 08:34

SMALL, medium and micro-sized enterprises (SMMEs) in the grocery retail sector are reaping the rewards of big investments by ...

Shopping list shows R753 a month not nearly enough

Cape Town - A shopping list for the most basic of items shows R753 is not nearly enough to support a family of five for a month. READ MORE

Nampak poised for growth in 2016

Nampak, Africa’s leading manufacturer of beverage, food and non-perishable packaging, reported an increase in group revenue and trading profit of 13% and 10%, respectively, during a year of mixed fortunes to 30 September 2015. READ MORE

Financial results for the 26 weeks ended 29 June 2014

Massmart announced its results for the 26 weeks ended 29 June 2014, reporting a total increase in sales of 10.2%, with comparable sales increasing 7.1% against a backdrop of difficult trading conditions, particularly among lower and middle-income consumers. READ MORE

OKZ.zw | Release of 2014 annual report

The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's 2014 annual report for the year ended 31 March 2014. Below is an extract of the Chairman's Statement and a few financial highlights. READ MORE

Data analysis: adding value to research

Good quality market research means little without the correct data analysis to make sense of it all, writes Shawn Henning, analytics director at BMi Research. READ MORE

Market trends on Ice-Cream in South Africa

The ice cream market felt the effects of the current economic climate, with all categories either recording a limited volume growth in 2012, or negative movement. READ MORE

Shopping list shows R753 a month not nearly enough Nampak poised for growth in 2016Financial results for the 26 weeks ended 29 June 2014OKZ.zw | Release of 2014 annual reportData analysis: adding value to researchMarket trends on Ice-Cream in South Africa

Shopping list shows R753 a month not nearly enough

Cape Town - A shopping list for the most basic of items shows R753 is not nearly enough to support a family of five for a month. READ MORE

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