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Woolworths carves out market share in SA

Woolworths carves out market share in SA

27/11/2019 - 10:11
In Australia, David Jones's sales declined 2.1%, with the company saying a store refurbishment contributed to the decline. read more
Gearing FMCG manufacturing for the red season spike and maximising profits all year round

Gearing FMCG manufacturing for the red season spike and maximising profits all year round

25/11/2019 - 11:03
As we enter the festive season, demand for Fast-Moving Consumer Goods (FMCG) increases rapidly, often leaving manufacturers scrambling to fulfill orders from their distribution channel. If demand cannot be met, then loss of revenue is inevitable. However, over-production is not an ideal solution either, as it can leave manufacturers sitting with unsold stock that costs money to store.  read more
Sales at Truworths Africa outperform its UK business

Sales at Truworths Africa outperform its UK business

12/11/2019 - 13:24
Truworths, which was forced to write down its UK business by a third recently, said that retail sales in that country were flat in the 18 weeks to November 4, although its African operations performed better. read more
Black Friday could cost careless shoppers dearly

Black Friday could cost careless shoppers dearly

12/11/2019 - 09:38
SA consumers risk paying a lot more than they bargained for if they are careless when shopping online this Black Friday, warns Fortinet. read more
How to keep customers and make sales this Black Friday

How to keep customers and make sales this Black Friday

11/11/2019 - 12:44
Five years ago, Black Friday and Cyber Monday didn’t even exist in South Africa. Today, they’re a major cash cow for local retailers. On Black Friday last year, consumers spent a record R2.9 billion, and that number is expected to jump 30% this year, with e-commerce playing a major part in that growth. read more
How small businesses can take advantage of Black Friday

How small businesses can take advantage of Black Friday

06/11/2019 - 10:01
Small businesses can take advantage of Black Friday by winning customers and keep them coming back for more according to the Vice President of New Customer Acquisition, Viresh Harduth.  read more
Weaker rand boosts Rhodes Food Group

Weaker rand boosts Rhodes Food Group

06/11/2019 - 09:48
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, grew 8.8% in its year to end-September boosted by a weaker rand and exports of higher-value products to the US. read more
Huawei upbeat about smartphone sales despite US bans

Huawei upbeat about smartphone sales despite US bans

06/11/2019 - 09:34
Huawei expects smartphone shipments to grow 20% in 2020 even if it is blocked from the latest Google software, suggesting the Trump administration’s efforts to contain the company’s rise may not be working. read more
Black Friday hype begins as retailers test shoppers with 'teasers'

Black Friday hype begins as retailers test shoppers with 'teasers'

06/11/2019 - 09:15
Retailers’ gloves are off in the battle to gain market share ahead of Black Friday, with several deals already being unveiled to attract customers. read more
AB InBev reports weak results in "challenging" third quarter

AB InBev reports weak results in "challenging" third quarter

01/11/2019 - 14:49
AB InBev, the world’s largest brewer, reported weaker-than-expected third-quarter profit and sales, due to higher cost of sales, marketing investments and price increases in two major markets, South Korea and Brazil. read more
Clicks eyes further market share amid double-digit sales growth

Clicks eyes further market share amid double-digit sales growth

24/10/2019 - 10:00
Medicine and beauty products retailer Clicks said it was successfully weathering an increasingly tough environment for consumers and would spend R718m on its stores over the next financial year in order to pursue additional market share. read more
De Beers diamond sales fall 39% in a year

De Beers diamond sales fall 39% in a year

03/10/2019 - 09:28
De Beers’s diamond buyers continued to take the rare opportunity to reject stones from the biggest supplier as the company extended almost unprecedented flexibility to ease a growing crisis. read more
Woolworths CEO receives R190m since disastrous deal Down Under

Woolworths CEO receives R190m since disastrous deal Down Under

01/10/2019 - 09:22
Despite spearheading an ill-fated foray into Australia, Woolworths CEO Ian Moir pocketed R23m in the past year. This brings his total earnings over the past five years to R191m.  read more
Retail sales remain muted with consumers under pressure

Retail sales remain muted with consumers under pressure

20/09/2019 - 14:31
Retail sales for July marginally declined to 2 percent year on year as sales growth continued to reflect a muted demand in South Africa, with consumers’ discretionary income under strain.  read more
Rhodes Food Group's turnover rises amid healthy international growth

Rhodes Food Group's turnover rises amid healthy international growth

16/09/2019 - 11:14
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, rose 13.4% in the 10 months to end-July, boosted by a weaker rand and exports of fruit snacks to the US. read more
Lego's sales bounce back with the help of Marvel superheroes

Lego's sales bounce back with the help of Marvel superheroes

04/09/2019 - 09:11
Models of superheroes and villains from Marvel’s Avengers movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments in China, India, the internet and new stores. read more
Foschini's cash sales climb, but credit is under pressure

Foschini's cash sales climb, but credit is under pressure

03/09/2019 - 13:58
The JSE-listed clothing retailer the Foschini Group [JSE:TFG] announced a 14.1% increase in cash sales in its South African operations in the first 21 weeks of 2020, while sales on credit only rose 0.9%. read more
Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

29/08/2019 - 09:20
Walmart-controlled Massmart, owner of Makro, Game, Builders Warehouse and Dion Wired, has suffered a headline loss of R550 million for the six months to end-June – after earning a profit of more than R200 million in the same period last year. read more
Dis-Chem reports double-digit sales growth

Dis-Chem reports double-digit sales growth

28/08/2019 - 09:28
Dis-Chem Pharmacies says sales grew 13.5% to R9.9bn in the first five months of its 2020 financial year, thanks partly to better wholesale revenues. read more
Shoprite plans smaller stores, closer to shoppers – and more shops in containers

Shoprite plans smaller stores, closer to shoppers – and more shops in containers

26/08/2019 - 13:48
In an effort to gear up growth, Shoprite wants to move to smaller stores, closer to where its customers are. read more
Italtile plans to open more store despite weak trading conditions

Italtile plans to open more store despite weak trading conditions

23/08/2019 - 14:56
JSE-listed supplier of ceramic tiles Italtile said it planned to open more stores in South Africa and abroad, despite the subdued economy, which has constrained consumer spending. read more
Australian retailer Coles reports jump in online sales

Australian retailer Coles reports jump in online sales

23/08/2019 - 10:31
Australian retailer Coles Group reported a jump in online sales and a special dividend that cheered investors, sending its shares near their biggest one-day gain in two months.  read more
Tough economy put a chill on Mr Price retail sales

Tough economy put a chill on Mr Price retail sales

23/08/2019 - 09:24
A tough economic climate has put pressure on Mr Price's fashion retail sales, as customer spending remained constrained, the company said in a trading statement for the first four months of its financial year ended March 28. read more
Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Retail boost could steer SA away from a recession

Retail boost could steer SA away from a recession

12/08/2019 - 12:37
A rebound in economic growth in the second quarter of the year will likely see SA avert its second recession in two years. read more
Hong Kong's June retail sales slide due to mass protests - government data shows

Hong Kong's June retail sales slide due to mass protests - government data shows

05/08/2019 - 09:18
Retail sales, a key part of Hong Kong’s economy, felt a growing impact in June from mass protests, government data shows.  read more
Shoprite basks in sales glory

Shoprite basks in sales glory

02/08/2019 - 10:19
The Shoprite Holdings share price surged more than 10 percent after Africa's biggest retailer reported a strong half performance in sales for the 52 weeks to end June, mainly driven by its core market, the Supermarkets RSA.  read more
Demand for tobacco-heating products and e-cigarettes boost BAT

Demand for tobacco-heating products and e-cigarettes boost BAT

01/08/2019 - 11:05
British American Tobacco (BAT) reported higher first-half sales, helped by higher demand for e-cigarettes and tobacco-heating products, and said revenue growth would accelerate in the second half of the year. read more
Strong growth for Aperol helps pep up Campari sales

Strong growth for Aperol helps pep up Campari sales

01/08/2019 - 10:37
The popularity of orange aperitif Aperol and a jump in demand for tequila brand Espolon helped Campari to report better than expected sales growth in the second quarter, boosting shares in the Italian spirits group. read more
Shoprite’s shares leap 15% on Tuesday despite lower earnings

Shoprite’s shares leap 15% on Tuesday despite lower earnings

30/07/2019 - 09:56
Grocery retailer Shoprite, whose chains include Checkers and OK Furniture, says earnings declined by up to a fifth in the year to June because of trading losses in the rest of Africa and higher costs in SA.  read more
Heineken misses first-half profit forecasts as costs offset beer sales

Heineken misses first-half profit forecasts as costs offset beer sales

29/07/2019 - 13:43
Heineken missed estimates for first-half profits, as higher packaging costs offset increased beer sales, but the world’s second-largest brewer stuck with its full-year profit growth forecast. read more
AB InBev beats expectations as beer sales growth hits five-year high

AB InBev beats expectations as beer sales growth hits five-year high

25/07/2019 - 10:54
Anheuser-Busch InBev (AB InBev), the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe, and Africa.  read more
US retail sales rise as households spend more

US retail sales rise as households spend more

18/07/2019 - 14:16
US retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the hit on the economy from weak business investment. read more
Strong Asia growth boosts Richemont’s first-quarter sales

Strong Asia growth boosts Richemont’s first-quarter sales

18/07/2019 - 13:38
The luxury-goods company reports a 9% year-on-year increase at constant exchange rates. read more
Retail sales jump in May ahead of expected rate cuts

Retail sales jump in May ahead of expected rate cuts

18/07/2019 - 09:24
South Africa’s retail sales rose more than expected in May as sales of household goods, furniture and appliances expanded quickly, a hint that pressure on consumers was easing ahead of an expected lending rate cut that may further support spending. read more
Cancer drugs help Johnson & Johnson raise sales outlook

Cancer drugs help Johnson & Johnson raise sales outlook

17/07/2019 - 08:41
Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday. read more
Constant sales promotions can harm retailers in the long run

Constant sales promotions can harm retailers in the long run

15/07/2019 - 10:24
Cash-strapped consumers have become addicted to sales promotions, and retailers worry whether they will get the right price for their products. read more
Woolworths shares hit six-month high on solid sales growth

Woolworths shares hit six-month high on solid sales growth

11/07/2019 - 13:57
The retailer’s food business has bolstered results amid an upturn in the fashion, beauty and home segment. read more
PepsiCo's decision to sell smaller cans pays off

PepsiCo's decision to sell smaller cans pays off

10/07/2019 - 08:19
Beverage sales rise as new packaging strategy helps company attract more consumers. read more
SA retail 'squandering' sales growth - client experience expert

SA retail 'squandering' sales growth - client experience expert

04/07/2019 - 09:18
Local business leaders could be losing out on significant bottom-line gains for not paying attention to customer service. read more
New Look losses mount as Brexit, rain keeps shoppers away

New Look losses mount as Brexit, rain keeps shoppers away

26/06/2019 - 09:03
British fashion chain New Look reported a bigger annual pretax loss, hurt by a large charge, while Brexit woes and rainy weather kept many shoppers out of its stores.  read more
H&M’s sales growth fails to ease investors concerns about margin pressure

H&M’s sales growth fails to ease investors concerns about margin pressure

18/06/2019 - 15:41
Fashion retailer H&M reported sales grew for a fourth straight quarter, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure. read more
Fashion house Chanel parades its independence as profits rise

Fashion house Chanel parades its independence as profits rise

18/06/2019 - 12:49
Luxury fashion group Chanel, whose star designer Karl Lagerfeld died in February, reported higher annual sales and profits and once again reaffirmed its independence, stating it was not for sale. read more
Zara owner Inditex shakes off chill with strong second quarter start

Zara owner Inditex shakes off chill with strong second quarter start

14/06/2019 - 11:22
Zara owner Inditex bounced back from a weak start to 2019, when unseasonably cold weather in southern Europe stifled sales for the Spanish fashion group, with a strong performance in the first weeks of the second quarter. read more
Mr Price Group's shares rally on annual results

Mr Price Group's shares rally on annual results

31/05/2019 - 10:16
Mr Price Group’s shares opened sharply higher after the company raised its annual dividend thanks to better earnings. read more
Pepkor says market-share gains boosted half-year earnings

Pepkor says market-share gains boosted half-year earnings

29/05/2019 - 09:34
Pepkor, which owns the Pep and Ackermans brands, says sales and earnings rose in the six months to end-March thanks partly to market-share gains in clothing and merchandise. read more
TFG's investment in online offering pays off

TFG's investment in online offering pays off

27/05/2019 - 09:14
Online turnover grew 57.2% in the year and now accounts for 8.8% of group sales, with 23 brands of its 29 now available online. read more
Massmart appoints new CEO, but shares fall on warning earnings will halve

Massmart appoints new CEO, but shares fall on warning earnings will halve

24/05/2019 - 08:39
Shares in Massmart, which owns the Game and Makro chains, fell 12.5% to R68.24 in early trade on Thursday after the retailer said earnings in the six months to June could more than halve.  read more
Rhodes Food Group reports slight decline in net profit

Rhodes Food Group reports slight decline in net profit

21/05/2019 - 09:59
Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, says profit after tax was slightly down in the six months to end-March despite better sales. read more
Pioneer Foods’ shares plunge to six-year low on earnings decline

Pioneer Foods’ shares plunge to six-year low on earnings decline

20/05/2019 - 16:24
Shares in Pioneer Foods, which makes Sasko bread and Ceres juice, plunged to a six-year low after the group said it was struggling to pass on higher costs to consumers. read more
Alibaba beats analyst estimates as recommendations boost sales

Alibaba beats analyst estimates as recommendations boost sales

17/05/2019 - 09:38
The Alibaba Group posted quarterly revenue and earnings that topped analyst estimates as personalised recommendations drive consumer spending across its shopping sites. read more
Contraction in economy looms in the first quarter

Contraction in economy looms in the first quarter

17/05/2019 - 09:16
Weak performances in the retail, mining and manufacturing sectors, which bore the brunt of the most severe power cuts the country has experienced yet, indicates that the economy contracted in the first quarter of the year. read more
Richemont lifts dividend 5% as online platforms boost sales

Richemont lifts dividend 5% as online platforms boost sales

17/05/2019 - 08:52
Richemont chair John Rupert says group sales rose 27%, 'reflecting growth across all business areas and distribution channels.' read more
Retail sector barely budged in March

Retail sector barely budged in March

16/05/2019 - 09:54
Consumers were under pressure in March with a 74c/l hike in the petrol price and slightly higher inflation. read more
Hugo Boss pins growth hopes on store revamps

Hugo Boss pins growth hopes on store revamps

06/05/2019 - 14:58
Hugo Boss says the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganisation costs, higher marketing spending and a strong US dollar.  read more
Retail sales beat expectations in February

Retail sales beat expectations in February

19/04/2019 - 12:39
SA shoppers spent more than expected in February, with retail sales growing 1.1% year on year, led by expenditure in the textiles, footwear and clothing sector. read more
Asian revenue surpasses European for first time at L’Oreal

Asian revenue surpasses European for first time at L’Oreal

18/04/2019 - 09:07
L’Oreal got more revenue from Asia than from Western Europe for the first time last quarter as the region’s surging demand for luxury products continued to resist the drag of a slower Chinese economy. read more
Clicks says private-label products boosted interim earnings

Clicks says private-label products boosted interim earnings

17/04/2019 - 09:59
Clicks Group says it grew headline earnings by 12.9% to R763.3m in the six months to February thanks in part to better sales of its private-label products and higher profits from its distribution business. read more
Retailers feel the heat as e-commerce siphons off sales

Retailers feel the heat as e-commerce siphons off sales

11/04/2019 - 09:47
The start of 2019 has been bleak for most SA retailers, raising questions about the future of the sector. read more
Sainsbury has lost its number-two slot to takeover target Asda

Sainsbury has lost its number-two slot to takeover target Asda

02/04/2019 - 15:29
Sainsbury has lost its status as Britain’s number two supermarket group by market share to takeover target Asda for the first time in four years, industry data showed. read more
Lower retail sales reflect slowing US economy

Lower retail sales reflect slowing US economy

02/04/2019 - 08:43
US retail sales unexpectedly fell in February, the latest sign that economic growth has shifted into low gear as stimulus from $1.5-trillion in tax cuts and increased government spending fades. read more
Retail sales recover in January after dismal December figures

Retail sales recover in January after dismal December figures

22/03/2019 - 09:23
Retail spending showed signs of recovery in January, growing 1.2% on an annualised basis, slightly faster than analysts had expected. read more
Morrisons books 3rd straight year of profit & sales growth

Morrisons books 3rd straight year of profit & sales growth

13/03/2019 - 13:36
Morrisons has recorded another year of growth in sales and profit as chief executive David Potts boasted that the Big 4 grocer’s turnaround scheme was “well on track”.  read more
AVI hit by constrained consumer spending

AVI hit by constrained consumer spending

13/03/2019 - 12:42
Food and beverage company AVI Limited felt the pinch of constrained consumer spending as income from its shoe brands Green Cross and Spitz slid in the half year to December, resulting in revenue in the footwear and apparel category declining by 9.2 percent to R1.14billion. read more
Spitz owner AVI says footwear sales walked all over its results

Spitz owner AVI says footwear sales walked all over its results

12/03/2019 - 10:27
AVI, whose brands include Bakers biscuits and seafood business I&J, said on its footwear businesses struggled the most in the six months ended December. read more
Lindt expects 5-7 percent growth this year

Lindt expects 5-7 percent growth this year

06/03/2019 - 11:02
Swiss chocolate maker Lindt & Spruengli said it expected organic sales to grow 5-7 percent this year, in line with mid-term targets, as it works to improve the performance in its North American unit. read more
British American Tobacco full-year sales and profit rise

British American Tobacco full-year sales and profit rise

01/03/2019 - 09:47
British American Tobacco (BAT), the second-biggest international tobacco company, reported higher full-year adjusted sales and profit, helped by cigarette market share gains and growth in vaping devices.  read more
US retail sales post largest decrease since 2009

US retail sales post largest decrease since 2009

16/02/2019 - 20:38
US retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. read more
Latest retail sales figures show disappointing trend

Latest retail sales figures show disappointing trend

15/02/2019 - 10:01
Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.  read more
Booze, drugs and DIY boost Spar in difficult economy

Booze, drugs and DIY boost Spar in difficult economy

13/02/2019 - 15:40
Robust liquor sales and the inclusion of the pharmaceutical distribution business it bought in 2018 year boosted grocery retailer Spar Group in the weeks leading up to Christmas. read more
Hermes optimistic about Chinese sales

Hermes optimistic about Chinese sales

09/02/2019 - 21:32
French luxury handbag label Hermes said that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry's biggest markets. read more
Alcohol, clothes set to boost online retail sales to R20bn

Alcohol, clothes set to boost online retail sales to R20bn

01/02/2019 - 08:37
Retail sales in South Africa are expected to reach R20 billion in 2020 on the back of a surge in online sales of apparels, alcohol and tobacco products. read more
Shoprite falls 17% as market reacts to profit warning

Shoprite falls 17% as market reacts to profit warning

30/01/2019 - 10:59
Shoprite's share price fell 16.6% to R148.83 on Wednesday morning when the market reacted to a trading update it released at 5.30pm on Tuesday. read more
Pepkor difficult to price in shadow of Steinhoff

Pepkor difficult to price in shadow of Steinhoff

29/01/2019 - 09:09
General goods retailer Pepkor, formerly known as Steinhoff Africa Retail, released solid numbers for the three months ended December despite challenging trading conditions.  read more
Massmart also sings the retailers' blues

Massmart also sings the retailers' blues

23/01/2019 - 09:49
Massmart, which is owned by US retail giant Walmart and runs the Game, Makro and Dion Wired chains, saw its share price drop 21%, to close at R90.65, after reporting flat sales for the festive season. read more
Shoprite's festive season sales fall flat

Shoprite's festive season sales fall flat

22/01/2019 - 14:32
Shoprite's share price fell as much as 5.7% to R175.32 after it warned shareholders its interim results would show flat sales. read more
Woolworths bedeviled by declining sales

Woolworths bedeviled by declining sales

18/01/2019 - 10:35
As Woolworths tries to recover from the impairments of A$712.5 million (R7.02 billion) it suffered last year in its Australian subsidiary David Jones, the retailer continued to experience declining sales in the 26 weeks to end December trading period in South Africa.  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
Five smart ways to shift excess stock

Five smart ways to shift excess stock

16/01/2019 - 08:49
Surplus stock is one challenge that every retailer wants to turn into an opportunity. read more
Why Macy’s guidance triggered US retail wipeout

Why Macy’s guidance triggered US retail wipeout

15/01/2019 - 14:18
Macy’s did not have as merry a Christmas as it expected, and now all of retail is under the microscope. read more
Edcon is looking for white-knight investors

Edcon is looking for white-knight investors

21/12/2018 - 08:34
Troubled clothing retailer Edcon confirmed it is in talks with new investors in its efforts to ensure its survival. read more
A disappointing Black Friday for in-store retailers

A disappointing Black Friday for in-store retailers

20/12/2018 - 10:54
Most retailers had high expectations of bumper sales on Black Friday, November 23, but data from retail management platform Vend shows that that in-store retail spending decreased from 2017 with a 10% drop in spending and a 2% drop in sales volumes. read more
Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

13/12/2018 - 15:42
Panel television sales soared in South Africa during Black Friday week, climbing by 66% to just over 93,000 units when compared to the same week in 2017, according to point of sale tracking data from GfK South Africa’s Weekly Monitor. This builds on the 47% growth over 2016 recorded during the week of Black Friday in 2017.  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
UK Grocers 'under pressure' as Christmas approaches

UK Grocers 'under pressure' as Christmas approaches

04/12/2018 - 10:25
Weaker-than-expected growth in the month of October is putting retailers under pressure as Christmas approaches, according to Nielsen. read more
H&M shutting down Cheap Monday brand

H&M shutting down Cheap Monday brand

28/11/2018 - 16:37
H&M, the world's second-biggest fashion retailer, said that it would close down its struggling independent brand, Cheap Monday. read more
Henkel still recovering after US delivery problems

Henkel still recovering after US delivery problems

28/11/2018 - 09:58
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018. read more
Mr Price boosted by improved perception

Mr Price boosted by improved perception

27/11/2018 - 08:23
Improved consumer perception of Mr Price's quality and fashion helped it grow sales and profit in the first half of its 2019 financial year. read more
#BlackFriday: Wallet squeeze increases sensitivity to prices

#BlackFriday: Wallet squeeze increases sensitivity to prices

23/11/2018 - 10:21
Wallet squeeze has seen South African consumers growing increasingly sensitive to prices and promotions over the past several years.  read more
Black Friday spikes turnover for SMEs

Black Friday spikes turnover for SMEs

22/11/2018 - 10:50
Even though it is tempting to relegate Black Friday as just another marketing gimmick, the reality is that it signifies the start of a month-long consumer spending frenzy that significantly boosts retail revenues. read more
Lowe’s to ditch Mexico stores in further streamlining

Lowe’s to ditch Mexico stores in further streamlining

21/11/2018 - 11:23
Lowe’s stated it was looking to shed its retail operations in Mexico and certain noncore US businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot.  read more
What South Africans will be buying this Black Friday

What South Africans will be buying this Black Friday

19/11/2018 - 09:36
Standard Bank expects retailers to experience another bumper Black Friday weekend this month, despite consumers feeling the pinch from all-time-high petrol prices and a one percentage point increase in VAT. 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
Liquor and drugs boost Spar's sales

Liquor and drugs boost Spar's sales

15/11/2018 - 15:07
Ireland was JSE-listed Spar’s best performing region, helping to offset sales and profit declines in Switzerland. read more
Woolworths to return to profit

Woolworths to return to profit

15/11/2018 - 14:16
Woolworths will return to profit in the first half of its 2019 financial year following the loss caused by its R7bn impairment of Australian department store chain David Jones in the matching period.  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
UK mobile commerce market to nearly double by 2022

UK mobile commerce market to nearly double by 2022

13/11/2018 - 08:27
Mobile commerce is set to overtake desktop sales globally by 2023 while the UK’s market is expected to nearly double. read more
Hermes plans outlets in China as luxury sales soar

Hermes plans outlets in China as luxury sales soar

08/11/2018 - 14:52
French fashion house Hermes has reported another quarter of brisk sales growth, propelled by red-hot demand in China, where the ultra-chic brand expects further growth as it opens stores and rolls out online sales. read more
Adidas laces up improved profit outlook despite lagging Europe sales

Adidas laces up improved profit outlook despite lagging Europe sales

08/11/2018 - 09:15
German sporting-goods maker Adidas lifted its profit expectations for 2018 after a “strong” third quarter saw brisk global demand for its sportswear and sneakers, but sales in western Europe slipped. read more
Campari toasts fashionable Aperol's success

Campari toasts fashionable Aperol's success

07/11/2018 - 11:04
Drinkers’ growing taste for Aperol, the bright orange aperitif, helped to boost sales growth at parent Campari in the third quarter, which covers the peak summer period in some of the company’s main markets. read more