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Retail sales grow more than expected in June

18/08/2017 - 14:56

June’s retail sales grew 2.9% from the same month in 2016, taking its growth for the second quarter to 2.2%, Statistics SA reported on Wednesday. 

South African consumers are spending more than economists thought, with a consensus from a poll done by Trading Economics expecting the June figure to be about 2.2%. The... 


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Topshop eyes Chinese expansion

18/08/2017 - 14:02

British fashion retailer Topshop has unveiled plans to expand into the Chinese mainland with the opening of five new stores i...

Spree wins CXA Digital Innovator Award for first image search shopping feature in Africa

18/08/2017 - 10:18

The judges for the 2017 Customer Experience Awards (CXA) recently announced that online fashion retailer, Spree has won the D...

Wholesale trade sales pick up in second quarter

18/08/2017 - 09:57

Wholesale trade sales increased by 1.1% in the second quarter of 2017 compared with the same period a year ago, Statistics SA...

Truworths feels consumer pressure

18/08/2017 - 08:51

Truworths’ share price jumped almost 5% by the close of the JSE on Thursday despite the retailer reporting a contraction in...

Forecourt convenience retail sector in SA grows despite tough trading conditions

17/08/2017 - 13:59

As the outlook for the local mainstream retail sector continues to deteriorate, expansion in the forecourt convenience retail...

Retail sales rise bodes well for end of recession

17/08/2017 - 09:32

SA’s GDP could rebound from recession, lifted by positive performances in manufacturing, mining and retail....

Ice-cream market on thin ice

16/08/2017 - 14:36

The global ice-cream market is under pressure, with a dramatic drop in sales as consumers turn to more healthy alternatives. ...