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Glimmer of hope for second quarter as retail sales up 1.5% y/y
Glimmer of hope for second quarter as retail sales up 1.5% y/y

Retail sales grew faster than economists expected in April, the first month of the second quarter, Statistics SA reported on Wednesday...

By Sunita Menon 15 Jun 2017

TFG posts good results with turnover up 11.6%
TFG posts good results with turnover up 11.6%

TFG has posted robust results, despite the tough economy, showing that its diversification strategy is paying off...

29 May 2017

Putting people at the centre of multi-buy promotions
Putting people at the centre of multi-buy promotions

In the South African retail and manufacturing sectors, promotions have become a popular tool to attain growth...

By Lauren Hartzenberg 25 May 2017

Broll Retail Snapshot reveals top performing categories
Broll Retail Snapshot reveals top performing categories

While December was unsurprisingly the best month for retailers compared to November and January, consumers have become more cautious on spending...

22 May 2017

Alibaba quarterly profits almost double to $1.55bn
Alibaba quarterly profits almost double to $1.55bn

Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of soaring growth in online shopping...

22 May 2017

Image credit: Financial Mail
Lewis's shares rise despite profit warning

Furniture retailer Lewis warned shareholders on Wednesday that its earnings were expected to fall by as much as 66%...

By Robert Laing 19 May 2017

Retail sales rebound in March - but not enough to save quarterly decline
Retail sales rebound in March - but not enough to save quarterly decline

South African retail sales rebounded in March, but not enough to save a quarterly decline that may contribute to the country falling into a technical recession...

By Robert Laing 18 May 2017

UK retail figures spike, skewed by Easter: survey
UK retail figures spike, skewed by Easter: survey

British retail sales grew sharply in April, official data showed Tuesday, but analysts put the strong figures down to the late timing of the Easter holiday...

11 May 2017

Mall of Africa trades above expectations in year one
Mall of Africa trades above expectations in year one

The Mall of Africa, the Attacq flagship shopping mall, celebrated its first birthday on 28 April 2017. Since opening day, it has posted sales of R3.4 billion for the 11 months of trading to March 2017 and has had over 13 million people in the same period...

2 May 2017

Nadeshda Goettmann ©
McDonald's reports higher earnings on strong US, China

NEW YORK, United States - McDonald's reported higher first-quarter earnings Tuesday on better performance in key regions, including the United States and China...

28 Apr 2017

Distell tops up with Cruz vodka
Distell tops up with Cruz vodka

Distell has topped up its booze portfolio with a dash of vodka through the purchase of a 75% shareholding in a company that owns the global rights to Cruz Vodka...

26 Apr 2017

joeppoulssen ©
Puma ups forecast after sales leap in first quarter

German sportswear maker Puma said Tuesday it set a new quarterly record for sales between January and March, springing over the 1.0-billion-euro barrier and upping its forecasts for the year...

26 Apr 2017

MimiBizBox founder seeks to raise awareness this Freedom Day
MimiBizBox founder seeks to raise awareness this Freedom Day

This Freedom Day, Mimi Women CEO and founder Ramona Kasavan will be reaching out to disadvantaged women in rural areas to raise awareness on MimiBizBox...

25 Apr 2017

aquapictures ©
Manufacturers expected to be more proactive in protecting consumers from economic crunch

Consumers demand economic protection from manufacturers, according to BMI Research...

20 Apr 2017

(c) Anna Phillips -
Retail sales fall year on year in February

Sales of South African retailers totalled R58.58bn in February 2017, 1.7% lower than the R59.5bn in February 2016...

By Sunita Menon 13 Apr 2017

(c) 06photo -
Retailers shift away from Africa expansion

Africa is falling off the immediate radar of local retailers after the region posted its slowest growth rate in two decades in 2016, and with the outlook for 2017 looking as unpromising, most companies are changing their focus from expansion to improving customer experience...

By Colleen Goko 12 Apr 2017

Ivanka Trump Fine Jewelry Boutique inside Trump Tower in Midtown Manhattan.
(c) Leonard Zhukovsky - [[www.123rf.com 123RF.com]
Sales of Ivanka Trump products soar in 2016

NEW YORK - Sales of Ivanka Trump's clothing collection soared by nearly 61 percent in 2016, the company that manufactures products for the president's daughter's line and other brands said on Monday...

11 Apr 2017

New online store offers local merchants ‘space' to increase sales
New online store offers local merchants ‘space' to increase sales

South African online retail store, Rabaki, aims to extend opportunities for growth to beyond the e-commerce industry, by including individual or small business...

7 Apr 2017

Broll releases December 2016 retail trade results
Broll releases December 2016 retail trade results

Shopping centres within the Broll portfolio have released their December 2016 trading results, showing a year-on-year trading density growth increase...

6 Apr 2017

Verimark earnings expected to be sharply higher
Verimark earnings expected to be sharply higher

Retailer Verimark says headline earnings per share (HEPS) for the year ended 28 February are expected to be between 176% and 238% higher...

4 Apr 2017

Save big with SA's most popular loyalty programmes
Save big with SA's most popular loyalty programmes

South Africans love a good bargain. And who can blame us?...

By Melissa Wentzel 28 Mar 2017

Dervish37 © –
A little less conversation, a little more action

Why an integrated data platform is the key to aligning marketing, sales and service...

By Michael Bornheim 24 Mar 2017

#SeamlessAfrica: A masterclass in millennial engagement and retention
#SeamlessAfrica: A masterclass in millennial engagement and retention

Millennials are known to be tech-savvy, socially engaged, have zero tolerance for delays and are always on the go...

By Lauren Hartzenberg 17 Mar 2017

Image via
Zara owner Inditex profits up on international drive

Spain's fashion retail giant Inditex, owner of popular brand Zara, said on Wednesday that its drive to expand internationally helped push up profits last year...

17 Mar 2017

Adopt an omnichannel retail strategy or risk closure
Adopt an omnichannel retail strategy or risk closure

Italist.com CEO, Diego Abba, was one of the opening keynote speakers at the Seamless Africa conference (future of payments, e-commerce & retail) in Cape Town...

16 Mar 2017

Retail sales in January down 2.3%
Retail sales in January down 2.3%

SA's retail sector remains under pressure with sales in January decreasing 2.3% year on year...

By Sunita Menon 16 Mar 2017

Shirley Maltz, CEO of HomeChoice. Credit: Financial Mail
HomeChoice increases its revenue despite challenging year

Home-shopping and digital retailer HomeChoice International declared a dividend of 87c per share on Tuesday in the release of its financial statements...

By Matthew Stevens 15 Mar 2017

Cash-strapped consumers seek value not ‘specials'
Cash-strapped consumers seek value not ‘specials'

South African consumers look beyond price when actively seeking value for money while grocery shopping, with their perceptions of physical characteristics...

14 Mar 2017

Queenspark interim profit plummets from previous period
Queenspark interim profit plummets from previous period

Clothing retailer Queenspark reported interim profit of R3m for the six months to end-December – a fifth of the matching period's R15m...

By Robert Laing 13 Mar 2017

PJ Pops prove the power of product innovation
PJ Pops prove the power of product innovation

Pierre Jourdan Popsicles hit shelves in South Africa in September, and has since garnered upwards of R1million in sales...

10 Mar 2017

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