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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
Online shopping hits R14bn mark in SA

Online shopping hits R14bn mark in SA

05/11/2018 - 08:44
Online shopping hit the R14 billion mark in South Africa with 1.4 percent of overall sales in the country despite persistent apprehensions about its safety. read more
The challenges of content marketing

The challenges of content marketing

02/11/2018 - 14:22
Content creation practices are under constant pressure to perform and deliver to meet sales targets. Although the biggest factor to achieve Return on Investment (ROI) is content personalisation, the challenge for marketers is to create content that turns heads. read more
Lower food inflation, strikes and currency devaluation hit Shoprite sales

Lower food inflation, strikes and currency devaluation hit Shoprite sales

30/10/2018 - 10:48
Shoprite says low internal food inflation at SA supermarkets and currency devaluation in other African markets where it operates hit sales in the quarter ending September 2018, with the group managing a 0.4% increase in turnover. read more
SA brands start the countdown to Black Friday

SA brands start the countdown to Black Friday

29/10/2018 - 11:12
The days are getting longer and hotter, suburban South Africans are firing up their braais and the malls will soon be filled with the sounds of Boney M. Yes, it’s nearly time for the festive shopping season, preceded by Black Friday, an imported tradition that South African shoppers have made their own. With a few weeks to go before Black Friday on 23 November, technical goods retailers and manufacturers are scrambling to get ready.  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
US retail giant Walmart bets its online sales will expand

US retail giant Walmart bets its online sales will expand

18/10/2018 - 10:42
Walmart expects some of its fastest sales growth this decade as it draws in more digital customers in its turf war against Amazon.com. 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
4 Ways retailers can generate more revenue

4 Ways retailers can generate more revenue

04/10/2018 - 14:06
As a retailer, you go into everything that you do for your business with a plan. There are hundreds of things that you have to consider. How is your time best spent? Are there certain things that influence customers to buy more? Will certain strategies be more effective than other sales strategies?  read more
Impairments push Clover into a full-year loss

Impairments push Clover into a full-year loss

12/09/2018 - 13:07
Consumer goods and products producer Clover swung to a loss in the year to end-June, as the sudden resignations of the CEO and chair of Dairy Farmers of SA (DFSA) forced the group to write down the R439m revolving credit facility it had extended to the subsidiary. read more
Richemont names veteran Jérôme Lambert as new CEO

Richemont names veteran Jérôme Lambert as new CEO

10/09/2018 - 14:08
Luxury goods group Richemont has promoted Jérôme Lambert to the position of group CEO, with immediate effect. read more
SA retailers taking heavy strain

SA retailers taking heavy strain

05/09/2018 - 10:14
South African retailers across the board are taking strain, with consumers under pressure due to an unprecedented VAT increases and record fuel prices. read more
Tips for building a winning sales culture in your office

Tips for building a winning sales culture in your office

05/09/2018 - 09:47
It’s safe to say that sales is not for everyone. Either you enjoy public speaking or have a knack for selling anything, but this job can be stressful and pressured. While this career choice might not be for you, the knowledge of sales strategy is something that anyone working in marketing should be familiar with.  read more
Target enjoys strongest sales growth since 2005

Target enjoys strongest sales growth since 2005

04/09/2018 - 14:57
Retailer Target reported a 6.5 percent same-store sales spike in the latest quarter, its biggest growth in 13 years. read more
7 ways to create in-store experiences that drive traffic and sales

7 ways to create in-store experiences that drive traffic and sales

31/08/2018 - 11:28
Competition in the retail industry is fiercer than ever. Between e-commerce sites and subscription services, consumers have plenty of choices when it comes to where they spend their time and money. read more
UK retail sales rebound in July on warm weather, discounts

UK retail sales rebound in July on warm weather, discounts

30/08/2018 - 10:23
UK retail sales bounced back strongly in July as warmer weather and extended discounts at stores encouraged shoppers to open their wallets. read more
Pernod Ricard’s profits boosted by growing sales in Asia

Pernod Ricard’s profits boosted by growing sales in Asia

30/08/2018 - 09:59
Pernod Ricard has recorded strong profit growth in its 2017-18 full-year results, thanks to sales growth in India and China and the pronounced growth of its Martell cognac and Jameson whisky brands.  read more
Tiffany's focus on the young pays off

Tiffany's focus on the young pays off

29/08/2018 - 09:51
Tiffany’s quarterly results topped Wall Street estimates on strong demand for its jewellery in the Americas and China, helping the upmarket retailer raise its full-year profit forecast. read more
Times are tough — but not for Distell

Times are tough — but not for Distell

24/08/2018 - 13:38
Distell’s 29% jump in net profit for the year to end-June demonstrated once again that when times get tough, the tough get laagered. read more
Restructuring costs take large bite out of Massmart’s profits

Restructuring costs take large bite out of Massmart’s profits

23/08/2018 - 11:41
Massmart cut its interim dividend by 10.5% to 68c for the first half of its 2018 financial year from 76c in the corresponding period. read more
Why online shopping is the preferred shopping medium

Why online shopping is the preferred shopping medium

23/08/2018 - 11:07
Online shopping is the new norm, not necessarily for the customer service perks or specials you receive from signing up for a newsletter, but because of the convenience. Time is essential for consumers who are already struggling to juggle work hours with family time, hobbies and chores around the house.  read more
SA retailers buck global trends: Vend reveals the best retail businesses to be in

SA retailers buck global trends: Vend reveals the best retail businesses to be in

23/08/2018 - 10:30
Over the past year, South Africa's independent retailers enjoyed sales volumes 25% higher than the global average, according to data from retail management software leader Vend.  read more
Local entrepreneur wins Pick n Pay’s 2018 Small Supplier of the Year award with business growth

Local entrepreneur wins Pick n Pay’s 2018 Small Supplier of the Year award with business growth

23/08/2018 - 09:34
Local entrepreneur Portia Mngomezulu, founder of Portia M Skin Solutions, was awarded Pick n Pay’s 2018 Small Supplier of the Year award for her business’ exceptional growth performance and job creation. The annual award recognises and rewards the company’s top performing small supplier in the country across various categories.  read more
Shoprite faced more robberies over the past year - CEO

Shoprite faced more robberies over the past year - CEO

23/08/2018 - 09:01
Shoprite Holdings was hit by an increase in armed robberies over the past financial year, according to CEO Pieter Engelbrecht. read more
Woolworths posts R3.5bn loss on R7bn David Jones impairment

Woolworths posts R3.5bn loss on R7bn David Jones impairment

23/08/2018 - 08:55
The R6.9bn impairment of Australian department store chain David Jones knocked Woolworths into a loss of R3.5bn for its 2018 financial year, from a profit of R5.4bn in the prior year, it reported. read more
Pepkor revenue and sales rise

Pepkor revenue and sales rise

22/08/2018 - 08:36
Pepkor Holdings, which is trading under a new guise after changing its name from Steinhoff Africa Retail earlier in August, said that the troubles its parent were experiencing had not prevented it from growing sales or investing in new stores. read more
Cars and clothing lead surprisingly large rise in US retail sales

Cars and clothing lead surprisingly large rise in US retail sales

17/08/2018 - 13:32
US retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. read more
Wholesale trade sales shrank in real terms in June compared to 2017

Wholesale trade sales shrank in real terms in June compared to 2017

17/08/2018 - 09:56
Wholesale trade sales shrank in real, inflation-adjusted terms in June compared with a year earlier and eked out a 0.1% gain for the quarter. read more
June’s retail growth just a third of that expected, raising recession risk

June’s retail growth just a third of that expected, raising recession risk

16/08/2018 - 09:26
June’s retail sales growth was only a third of what economists expected, raising the risk that SA entered a technical recession in the second quarter.  read more
Amazon rules the retail world by closing a deal better than its rivals can

Amazon rules the retail world by closing a deal better than its rivals can

15/08/2018 - 11:16
What matters most to web retailers are three things: traffic, engagement and conversion. read more
L’Oreal and Facebook team up for virtual make-up tests to drive online sales

L’Oreal and Facebook team up for virtual make-up tests to drive online sales

13/08/2018 - 13:11
In an age of selfies and beauty bloggers, cosmetics firms are investing heavily in online tech. read more
Danone keeps its growth outlook despite Morocco boycott

Danone keeps its growth outlook despite Morocco boycott

31/07/2018 - 13:55
Danone is counting on baby food sales in China to help power annual earnings higher despite setbacks in Morocco and Brazil that slowed second-quarter sales, the French food group said. read more
Amazon's youthful units drive profit to double analysts' estimates

Amazon's youthful units drive profit to double analysts' estimates

27/07/2018 - 12:43
Amazon.com forecast strong northern hemisphere autumn sales and posted a profit that was double Wall Street targets thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising. read more
Why Premier Foods boss backs the sale of assets

Why Premier Foods boss backs the sale of assets

24/07/2018 - 10:14
Premier Foods said it was open to selling parts of the business and acknowledged it had to speed up its turnaround plans ahead of a showdown with investors who want to replace its CEO, Gavin Darby. read more
Wholesaler sales lift in May after two months of contraction

Wholesaler sales lift in May after two months of contraction

23/07/2018 - 13:49
Wholesalers sold R168.5bn worth of goods in May, double the R84.7bn sold by retailers, Statistics SA says. read more
David Jones impairment to send Woolworths into the red

David Jones impairment to send Woolworths into the red

19/07/2018 - 13:44
Woolworths will report a loss due to the impairment of its Australian department store chain David Jones. read more
Dis-Chem says pricing is behind its increase in market share

Dis-Chem says pricing is behind its increase in market share

19/07/2018 - 11:05
Healthcare retailer Dis-Chem says its "everyday low price" strategy held it in good stead, as the group was winning market share in all key categories.  read more
Inflation is contained and an interest rate rise is unlikely, say analysts

Inflation is contained and an interest rate rise is unlikely, say analysts

19/07/2018 - 10:13
The Reserve Bank could take a more hawkish stance, though, as a weakening currency puts upward pressure on inflation. read more
Smarter marketing in the digital era

Smarter marketing in the digital era

16/07/2018 - 14:09
An essential driver of digital transformation is how companies can use their data to remain relevant. read more
How to simplify your mobile checkout

How to simplify your mobile checkout

09/07/2018 - 13:59
Statistics show that as screen sizes decrease so do mobile checkout rates. In fact, only about 15% of mobile checkouts result in sales. Why is this? Could it be that global ecommerce has yet to successfully optimise for mobile checkout?  read more
Nike returns to solid growth despite drop in Converse sales

Nike returns to solid growth despite drop in Converse sales

02/07/2018 - 08:03
Nike has returned to growth reporting a double-digit rise in revenues during its fourth quarter thanks to strong international sales. read more
Drastic drop in bottled water sales, as Capetonians become more self-sufficient

Drastic drop in bottled water sales, as Capetonians become more self-sufficient

18/06/2018 - 13:46
The massive spike in Cape Town’s bottled water sales, which increased by 118% in December and January after the announcement of Day Zero, has dropped drastically and some outlets are selling stock at half-price to clear the shelves. read more