DIY retailers struggle in sputtering economy
07/03/2019 - 13:48
SA’s DIY retail stores have mostly been immune to economic downturns.
Sluggish economy hits Cashbuild as consumers tighten belts
28/08/2018 - 14:15
Building materials retailer Cashbuild reported a 9% drop in full-year net profit to R425.25m, which it blamed on sluggish economic growth putting pressure on consumer spending.
Cashbuild feels the pinch during hard times
07/03/2018 - 09:09
Cashbuild, South Africa’s largest retailer of building materials, is feeling the pinch of SA’s poor economy.
Opening of more stores boosts Cashbuild
23/01/2018 - 08:30
Opening more stores in SA helped to raise Cashbuild’s revenue 4% in the second quarter of its 2018 financial year, which ends in June.
Cashbuild key to success is in lower end
20/01/2017 - 10:10
Cashbuild’s meteoric rise since 2009 came just as stock exchanges around the world imploded into the global financial crisis.
Cashbuild cashes in, sees strong rise in earnings
31/08/2016 - 08:44
CASHBUILD is cashing in on being Southern Africa’s largest retailer of building materials and associated products, selling directly to cash and card-paying customers through 284 stores in SA, Namibia, Lesotho, Botswana, Swaziland, and Malawi.
New stores add to Cashbuild’s revenue and customer base
14/07/2016 - 09:39
CASHBUILD’S revenue jumped 9% in the fourth quarter to June from the previous financial year, with 20 new stores opening since the beginning of July 2014, contributing a 3% increase.
Cashbuild builds strong results in tough climate
03/03/2016 - 09:09
Cashbuild, a major retailer of building materials in Southern Africa, reported a "strong set of results" for the six months ended-December, excluding a once-off empowerment cost of R63m.
Cashbuild plans new stores as sales grow
02/09/2013 - 08:47
Johannesburg - Despite the competitive environment and constrained consumer spending, building material retailer Cashbuild plans to add more than 10 stores in the next financial year.
Retailers pull JSE off record high
31/01/2013 - 09:29
Johannesburg - The JSE closed in negative territory on Wednesday as it pulled back from a fresh intraday high following a serious tumble by retail counters.