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Retailers news

Richemont six-month sales up 10%
Swiss-based luxury goods group Richemont today reported a 10% rise in sales for the six months ended September to €2.8 billion. 14 Nov 2008
Look and Listen takes two top e-tail awards - Look and Listen
10,000 votes have placed Look and Listen as the Best Music and Movie Store and Best E-Commerce Site in the 2008 South African E-Commerce Awards. 13 Nov 2008
Best Buy paints glum picture for '09
Just two days after regional consumer electronics chain Circuit City declared bankruptcy, Best Buy has slashed its earnings forecast for the upcoming holiday season and much of 2009.
13 Nov 2008
Mr Price interim earnings up
Retailer Mr Price Group has reported an 11% increase in diluted headline earnings per share to 86 cents for the six months ended September from 77.5 cents a year ago. 12 Nov 2008
Spar posts higher full year earnings
Supermarket chain Spar Group has posted a 29.9% increase in headline earnings per share from 312.3 cents to 405.7 cents per share for the 12 months ended September. 12 Nov 2008
Look & Listen has fans dreaming of a Yellow Christmas - Look and Listen
Keeping in the realm of “For the Fans”, Mick&Nick have developed a campaign for Look & Listen, steering clear of Santa Claus and concentrating more on what fans really want for Christmas.
11 Nov 2008
Tough times ahead for retailers
Retail sales are likely to remain in the doldrums in the months to come given a challenging economic and financial environment, said Standard Bank group economists in a research note on Friday. 10 Nov 2008
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