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Walmart extends lead over Target in Kantar Retail’s price survey

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.  read more
Namibia's Inflation in 2014 seen at 6,5% after rebasing

Namibia's Inflation in 2014 seen at 6,5% after rebasing

05/12/2013 - 09:41
SIMONIS Storm Securities expect inflation to hover above 6,5% next year based on a lower base this year but additionally based on the price movements in key categories.  read more
Motorola plans comeback through low-cost phones

Motorola plans comeback through low-cost phones

15/11/2013 - 08:16
Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company’s ownership by Google Inc will force it to sit out of China, the world’s largest smartphone market. read more
NPD Group: Holiday shoppers to spend more; seek out deals, United States

NPD Group: Holiday shoppers to spend more; seek out deals, United States

17/10/2013 - 09:23
Port Washington, N.Y. -- The majority of consumers intend to spend the same as or more than last year, with fewer saying they plan to spend less, according to The NPD Group’s Holiday Spending Survey, the twelfth annual survey of consumers’ holiday spending intentions. read more
SABMiller expects more consolidation

SABMiller expects more consolidation

24/09/2013 - 11:40
The consolidation of the global beer industry, which took SA Breweries from a dominant South African player to a dominant global player in just 10 years, had not come to an end, Alan Clark, SABMiller’s recently appointed chief executive, said this week. read more
Inflation dropped by 0.02% in August, gov statistician, Ghana

Inflation dropped by 0.02% in August, gov statistician, Ghana

17/09/2013 - 10:56
The average change in prices of goods and services in the country, measured by inflation, dropped to 11.5 per cent in August after registering a consistent rise since January, this year. read more
Distell defies tough market to post revenue rise of 12%

Distell defies tough market to post revenue rise of 12%

22/08/2013 - 11:16
The Distell Group succeeded in raising revenue 11,9% to R15,9bn on a sales volume increase of 7,2% for the year to June 2013. This was despite exceptionally tough trading conditions, marked by a global slowdown in economic growth, contracted disposable income and reduced consumer spending in many of the regions where it markets its range of spirits, wines and ciders and RTDs. read more
Microsoft cuts price

Microsoft cuts price

06/08/2013 - 08:12
New York - Microsoft on Monday knocked $100 off the price of high end versions of its Surface tablet, which is competing against Apple's iPad and devices that use Google's Android system. read more
Woolworths to slash prices

Woolworths to slash prices

18/06/2013 - 08:32
Cape Town - Woolworths Holdings [JSE:WHL] will cut its prices by up to 30% from August in a bid to gain market share in Africa, The EastAfrican reported. read more
Mr Price shares extend gains

Mr Price shares extend gains

23/05/2013 - 15:12
Johannesburg - Mr Price Group, extended gains after full-year earnings beat estimates as sales improved at its apparel chain. read more
Another big loss for J.C. Penney as sales plunge 16.4%

Another big loss for J.C. Penney as sales plunge 16.4%

20/05/2013 - 10:56
Plano, Texas -- J.C. Penney Co. reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue. The results came as the company seeks to undo the damage caused by former CEO Ron Johnson’s costly and largely failed makeover.  read more
International gains offset Casino’s domestic price war wounds

International gains offset Casino’s domestic price war wounds

19/04/2013 - 12:49
On Casino’s first quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more
Johnson out as CEO of J.C. Penney; Ullman back

Johnson out as CEO of J.C. Penney; Ullman back

09/04/2013 - 10:35
New York -- Ron Johnson is out as CEO of J.C. Penney. In making the announcement, the company also said that that Myron E. (Mike) Ullman has rejoined Penney as CEO, effective immediately. Ullman, who served as CEO of Penney until late 2011, has also been elected to the board of directors. read more
J.C. Penney resumes old pricing strategy; marketing exec leaves for Home Depot

J.C. Penney resumes old pricing strategy; marketing exec leaves for Home Depot

28/03/2013 - 11:11
Plano, Texas -- A Tuesday report by Reuters said that embattled J.C. Penney Co. has recently revived its previously abandoned pricing strategy of raising prices on its own brands then discounting them as a way to spike sales and margins.  read more
Dollar General to open 635 stores in 2013

Dollar General to open 635 stores in 2013

24/01/2013 - 09:58
New York -- Dollar General Corp. will open 635 new stores in 2013, creating some 6,000 jobs. The chain will also relocate 550 stores this year. read more