Clicks Group's (CLS's) half-year results‚ which are due out this week‚ are likely to reflect the strain on the retailer's middle-income target market‚ which remains under pressure.
Zeenat Moorad 22 Apr 2014 15:52
Pick n Pay (PIK) on Tuesday, 15 April 2014, reported a 7.7% increase in turnover to R63.1bn for the full-year driven in part by an accelerated programme of new-store growth and cost cutting.
Zeenat Moorad 15 Apr 2014 16:27
Famous Brands on Wednesday, 9 April 2014, said it had established a strong platform for growth in the Middle East and North Africa (MENA) regions with the signing of a master license agreement for...
Zeenat Moorad 11 Apr 2014 11:32
In a deal that will make it one of the 10 largest department store operators in the world‚ Cape Town-based Woolworths (WHL) is set to buy Australian department store chain David Jones for R21.4bn...
Zeenat Moorad 10 Apr 2014 15:18
Cape Town-based Woolworths is to acquire Australia's second-largest department store chain‚ David Jones‚ for A$2.1bn (R21.4bn).
Zeenat Moorad 10 Apr 2014 15:03
Growth in retail sales volumes slowed again in the first quarter of 2014 after an uptick over the festive season‚ the EY/Bureau for Economic Research (BER) retail survey showed on Tuesday, 25 March...
Zeenat Moorad 27 Mar 2014 15:23
Retailers‚ take heed: South African consumers want it all - convenient physical store locations‚ websites that enable them to find and purchase products‚ and easy-to-use mobile websites or apps.
Zeenat Moorad 20 Mar 2014 15:31
Although they are putting money aside for a rainy day‚ African consumers are eager to spend simply because buying makes them happy‚ a report from The Boston Consulting Group (BCG) said on Thursday, 14...
Zeenat Moorad 14 Mar 2014 14:34
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