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Low consumer confidence set to hurt retailers

The 'significant' drop in consumers' durable goods consumption will continue to hurt retailers, say economists...

By Asha Speckman 23 hours ago

Cognac sales cheer Remy shares

PARIS - Strong cognac sales for French beverage giant Remy Cointreau cheered investors who poured money into the company's stock on Thursday...

1 day ago

Distell free of stifling control but minorities seem jumpy

Judging by the share price movement over the past four weeks, minority shareholders in Distell have still not come to terms with the unexpected news that the Public Investment Corporation (PIC) will be acquiring the 26.4% of the company held by Anheuser-Busch InBev...

By Ann Crotty 1 day ago

Black Friday windfall for retail sales

Black Friday helped provide a surprise boost to November retail sales, which grew an unexpected 3.8% year on year...

By Asha Speckman 2 days ago

Clover warns of sluggish trade in festive season

Clover's December 2016 trading volumes were markedly lower than for December 2015, the dairy company said. This pushed the share down 6.62% by the close on Wednesday...

2 days ago

JSE firmer on banks as retailers find support from Shoprite

The JSE opened firmer on Wednesday on stronger banks and mixed retailers, led by Shoprite, after both sectors were softer on Tuesday due to a stronger pound...

By Maarten Mittner 2 days ago

Weak update hurts Mr Price

Disappointed investors punish the clothing retailer and shoot down its share price by close to 5%...

By Colleen Goko 2 days ago

Retail sales surprise with much stronger rise than expected

Retail sales increased by 3.8% in November from a year earlier, following a surprise 0.2% decrease in October, Statistics SA said on Wednesday...

By Pericles Anetos 2 days ago

Holdsport keeps sales climbing gently

The share price has held up better than its bigger rivals in the retail sector...

By Colleen Goko 2 days ago

Rest of Africa helps drive superb sales for Shoprite

The group's non-South African supermarkets record sales growth of 32.2%...

By Colleen Goko 3 days ago

Cashbuild increases revenue following expansion

Cashbuild says its revenue from the 20 new stores it has opened since July 2015 have contributed to a 4% increase in revenue for the second half of 2016...

3 days ago

Clover acquires Olive Pride

Clover Industries has acquired Olive Pride, a leading manufacturer and importer of olive oils, extra virgin olive oils, balsamic vinegars and related products, from Southern Canned Products, a wholly owned subsidiary of AECI...

17 Jan 2017

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