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 7 hours 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 7 hours ago

Retail sales surprise with much stronger rise than expected
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 7 hours ago

(c) Bogdan Ionescu -
Holdsport keeps sales climbing gently

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

By Colleen Goko 9 hours 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 9 hours ago

Top 10 consumer trends for 2017 launched
Top 10 consumer trends for 2017 launched

The Euromonitor International report, ‘The top 10 consumer trends for 2017', which analyses the trends that will shape the consumer landscape in 2017 is now available for download.

10 hours ago

(c) Jan Mikš -
Nine ways to slash e-commerce cart abandonment

Kyle Rozendo, CTO at SID puts forward nine simple ways to make sweeping changes to e-commerce website performance.

By Kyle Rozendo 12 hours ago

Helping out dealers hitting hard times
Helping out dealers hitting hard times

Guill Marais, a senior business consultant at Sewells-MSXI, is having a busy time as the ongoing economic downturn takes its toll on many retail motor companies. Marais's speciality at Sewells-MSXI, a global consulting and outsourcing firm specialising in the retail motor industry, is turning around businesses that are either in trouble or headed that way.

12 hours ago

(c) georgejmclittle -
KPMG survey details what online shoppers really want

A new report by KPMG International analyses the online shopping preferences and behaviours of more than 18,000 consumers in 51 countries, by geography, generation and product category.

14 hours ago

Cashbuild increases revenue following expansion
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.

15 hours ago

Shoppers leave a Woolworths store in Lenasia, south of Johannesburg. Picture:
How can Woolworths shake off the doldrums?

The just-released trading update from Woolworths points to 2017 being another extremely tough year for a group that was, until as recently as the end of 2015, one of the darlings of the investment community.

By Ann Crotty 13 Jan 2017

maabsnco0 via
Price of major food commodities fall for fifth year in a row

For the fifth year in a row, prices of major food commodities have declined - some 1.5 percent below their 2015 levels - averaging 161.6 points for the year as a whole. Upward pressure on FAO's Food Price Index from tropical commodities such as sugar and palm oil, where El Niño had an impact on production, was offset by bumper harvest and prospects for staple cereals. The Index averaged nearly 172 points in December, unchanged from November.

13 Jan 2017

Woolworths' nightmare after Christmas

Retailer says exclusion of Boxing Day from first-half figures is partly to blame for lacklustre sales growth.

By Robert Laing 13 Jan 2017