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 Libstar banks on new food products

Libstar banks on new food products

14/03/2019 - 10:15
Consumer goods manufacturer and distributor Libstar, whose brands include Lancewood cheese and Denny Mushrooms, says it adjusted to the slowdown in consumer spending by launching hundreds of new food products.  read more
Shares in Denny owner Libstar jump on maiden dividend

Shares in Denny owner Libstar jump on maiden dividend

13/03/2019 - 13:49
Libstar, the consumer goods group that listed on the JSE in May 2018, announced a maiden cash dividend of 22c a share on Wednesday as profits after tax in 2018 edged 1% higher to R236m. read more
Becoming an intelligent enterprise: Growth in IoT deployment strengthening retail’s frontline workers

Becoming an intelligent enterprise: Growth in IoT deployment strengthening retail’s frontline workers

21/01/2019 - 14:40
Retail buzzwords like “personalisation” and “omnichannel” are no longer just concepts and strategies that companies are working toward. Today, more retailers are actively deploying new technologies and migrating to an intelligent environment to reclaim their relevance in the on-demand economy.  read more
Edcon gets some breathing space

Edcon gets some breathing space

17/01/2019 - 10:34
Edcon is at a turning point yet again. The retailer — which operates the Edgars, Jet and CNA chain stores — has just wrapped up a deal with 250 stakeholders, including its shareholders and landlords, in a bid to keep its doors open. read more
Black Friday boosts November’s retail sales

Black Friday boosts November’s retail sales

16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.  read more
Retail sector facing subdued operating conditions

Retail sector facing subdued operating conditions

10/01/2019 - 08:44
Despite South Africa exiting the technical recession following growth in the economy in the three months to September, the outlook for the country’s retail sector for 2019 continues to be subdued. read more
China’s online shopping to disrupt the world soon enough

China’s online shopping to disrupt the world soon enough

19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.  read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Retail sector showing signs of revival

Retail sector showing signs of revival

10/12/2018 - 11:49
A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year after the sector ran into trouble in the third quarter of the year.  read more
Uptick in retail sales likely enough to end recession

Uptick in retail sales likely enough to end recession

16/11/2018 - 10:00
A meagre boost in the retail sector will likely see SA steer out of the recession. read more
Retail sales growth half that forecast by economists

Retail sales growth half that forecast by economists

14/11/2018 - 14:09
Muted growth in the retail sector may be enough to help steer SA out of a recession. read more
Massmart battles one of the worst retail environments yet in SA

Massmart battles one of the worst retail environments yet in SA

13/11/2018 - 14:10
Massmart, which is 51% owned by US giant Walmart, is battling one of the worst retail environments yet it has seen in SA, chair Kuseni Dlamini says.  read more
SA retail sales jump as spending on consumer goods rises

SA retail sales jump as spending on consumer goods rises

19/10/2018 - 14:31
South Africa’s retail sales rose in August as household goods, clothing and cosmetics grew, data showed on Wednesday, with recovering consumer spending a sign the economy is climbing out of a recession that has piled pressure on President Cyril Ramaphosa. read more
Retail sector shows a glimmer of growth

Retail sector shows a glimmer of growth

17/10/2018 - 13:32
Retailers surprised economists in August, with annual sales growth of 2.5% — far higher than the consensus 0.3%. read more
‘It takes hard work to succeed in retail’

‘It takes hard work to succeed in retail’

27/07/2018 - 10:44
“I think one of the reasons I’ve been successful is because I always put my hand up. I always volunteer to do new things and to learn, and I stood out because of that,” says Michelle Botha, who at just 42 years of age is the Checkers Hyper Deputy Divisional Manager for Gauteng. read more
Shoprite supports female community champions

Shoprite supports female community champions

15/06/2018 - 09:34
A community in rural Limpopo is celebrating following a partnership that resulted in a fully resourced creche, better-equipped carers and good nutrition for preschoolers. read more
Shoprite set to empower 12 000+ youths with skills development programme

Shoprite set to empower 12 000+ youths with skills development programme

11/06/2018 - 18:02
This youth month Africa’s largest retailer is set to reach its target of empowering more than 12 000 youths (aged 18-29 years) to enter the retail sector or start their own business.  read more
Slow retail sales ‘to weigh on first quarter GDP'

Slow retail sales ‘to weigh on first quarter GDP'

16/05/2018 - 16:41
As retail sales become the last piece in the GDP puzzle, industry analysts anticipate a weak outcome for the first quarter. read more
African prospects bright for SA’s retailers

African prospects bright for SA’s retailers

15/05/2018 - 10:03
South Africa’s retail sector is well-developed compared to the rest of the continent, and still has the edge over international competitors when it comes to expansion into Africa.  read more
Retail sector set to grow amid benign inflation, say analysts

Retail sector set to grow amid benign inflation, say analysts

15/12/2017 - 08:58
Retail sales softened slightly in October as consumers held back in anticipation of Black Friday bargains in November. read more
Festive retail sales may help give GDP a boost

Festive retail sales may help give GDP a boost

16/11/2017 - 13:53
The retail sector is set to make a positive contribution to third-quarter GDP as retailers adapt to the difficult economic conditions and as they look forward to the festive season for relief. read more
Retail sector offers good news for third-quarter economic growth

Retail sector offers good news for third-quarter economic growth

15/11/2017 - 14:15
In good news for third-quarter economic growth, the retail sector did better than expected in September. read more
Rise in retail sales points to pick-up in third-quarter economic growth

Rise in retail sales points to pick-up in third-quarter economic growth

18/10/2017 - 15:13
The retail sector did better than expected in August, signalling stronger economic growth in the third quarter. Retail trade sales rose by a significant 5.5% year on year in August 2017. read more
Uptick in April retail sales figures ‘not sustainable’

Uptick in April retail sales figures ‘not sustainable’

15/06/2017 - 13:09
Despite a grim performance in the first quarter, SA’s retail sector surprised on the upside in April, though depressed consumer confidence is expected to keep retailing constrained. read more
Challenged retail sector to be hit by downgrade

Challenged retail sector to be hit by downgrade

13/04/2017 - 15:42
South African retailers saw the weakest growth in seven years in 2016, mainly due to poor economic growth and recent political events may make it harder to achieve projected economic growth of 1.2%, research by EY revealed. read more
Kenyan retail sector seen as a key economic driver

Kenyan retail sector seen as a key economic driver

03/07/2013 - 13:55
The wholesale and retail sector is showing great promise as a key economic driver after recording good performance last year, the 2013 Economic Survey shows. - See more at: http://www.the-star.co.ke/news/article-121948/retail-sector-seen-key-economic-driver#sthash.nKR7ThJZ.dpuf read more
Retailers pull JSE off record high

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.  read more
Ad spend jumps 11% to R32bn

Ad spend jumps 11% to R32bn

02/04/2012 - 09:08
Advertising spend jumped 11% to R32.1-billion last year from R28.9-billion the previous year, according to figures released this week by researcher Nielsen. read more
Informal sector spurs jobs growth

Informal sector spurs jobs growth

09/12/2011 - 08:39
Cape Town - Total employment grew at its fastest rate in eight months in November, the latest Adcorp Employment Index has found. read more