We are in the process of consolidating all 20 of our retail outlets under the Cambridge brand.
Walmart extends lead over Target in Kantar Retail’s price survey
06/03/2014 - 14:39
Boston -- Walmart continues to extend its lead and again achieves its price leadership position over Target, in Kantar Retail’s semi-annual pricing study. Target’s overall grocery and consumables basket has been more expensive than Walmart’s since the study was performed in January 2011.
Massmart financial results for the 53 weeks ended 29 December 2013
27/02/2014 - 10:14
Massmart announced its full-year results for the 53 weeks ended 29 December 2013, reporting an increase in headline earnings of 29.9%, while operating profit grew 26%, boosted by the additional week’s sales and foreign exchange translation profit. Total sales increased 9.8% for the period, while comparable sales grew by 3.8%.
Wal-Mart Canada plans $500 million expansion
19/02/2014 - 11:17
Wal-Mart Canada plans to complete 35 supercenter projects in the company's fiscal year which runs from February 1, 2014 to January 31, 2015. The company also will expand its distribution network to support its growth and will continue to expand its Canadian e-commerce operation.
Shoppers can trade-In used devices at DionWired
12/02/2014 - 09:59
While 16 million mobile phones are sold in South Africa each year, old ones usually find their way into drawers or are tossed into dustbins. That’s why DionWired is offering shoppers an opportunity to ‘trade-in’ their used cellular phones, tablets, iPods and notebooks in exchange for vouchers that can be spent in store.
Wal-Mart lowers same-store sales guidance for Q4
03/02/2014 - 08:59
Bentonville, Ark. – Wal-Mart Stores, Inc. has lowered the same-stores sales guidance it previously released for fourth quarter 2013 due to factors including severe winter weather and reduced governmental assistance to consumers