While their grocery counterparts are likely to experience sluggish trading this year, SA's clothing groups will be only slightly better off, as the macroeconomic drivers of retail spending remain poor and competition becomes fiercer...
By Zeenat Moorad 1 Feb 2016
Retailer Spar Group on Tuesday reported an increase in sales of 14.1% for the 18 weeks to 30 January...
Sales through South Africa's 134,000 Traditional Trade outlets currently amount to R46bn per annum, which equates to one of every five rands spent and one third of all consumer goods packages sold in South Africa...
The new multimillion rand Tugela Ferry Mall and Jozini Shopping Centre in rural KwaZulu-Natal have been trading very well since opening and both have had an excellent festive season, according to Gavin Tagg, CEO of Retail Network Services...
LONDON - British tycoon Stelios Haji-Ioannou, founder of no-frills airline easyJet, on Tuesday opened a pilot budget supermarket in London in an attempt to crack the country's booming discount grocery sector...
LONDON - British supermarket group Sainsbury's has tabled an offer to buy Home Retail Group, owner of catalogue chain Argos, for £1.3 billion, it said Tuesday...
The JSE is broadening its agricultural commodities trading platform by allowing buyers of beef to trade in carcasses in order to manage price expectations...
David Jones Classic Collection will join Woolworths Holdings' clothing portfolio on 1 February 2016, with a new private label brand encapsulating the essence and heritage of one of the world's leading department stores, David Jones...
NEW DELHI - Apple said Wednesday it has asked the Indian government for permission to open its first stores in the country, paving the way for its feted brands to join the fast-growing smartphone market...
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