The Retailers community of South Africa

Cars sales - dealers' confidence falls

Thu, 23 May 2013 09:01:00 +0200

Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May).
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Mr Price pays dividend of 398c a share

Thu, 23 May 2013 08:02:00 +0200

Retailer Mr Price on Wednesday (22 May) reported a 26% rise in diluted headline earnings per share to 584.8c - up from 464.5c in the previous year - for the 52 weeks ending in March.
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Barloworld's share earnings up 31%

Tue, 21 May 2013 10:04:00 +0200

Barloworld‚ a diversified industrial group‚ saw revenue rise 11%‚ operating profit increase 14% and headline earnings per share shoot up 31% for the interim period that ended in March.
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Income from food, drinks up 9.4%

Tue, 21 May 2013 08:45:00 +0200

The total income generated by the food and beverages sector in SA increased in nominal terms (current prices) by 9.4% year-on-year (y/y) in March‚ Statistics SA (Stats SA) data showed on Monday (20 May).
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New daily deals from Takealot.com

Mon, 20 May 2013 10:19:00 +0200

Takealot.com has introduced a new initiative offering customers even bigger savings on selected products on a daily, first-come-first-serve basis. Known as Savealot Daily Deals, it delivers two fresh deals every weekday (9am - 9pm) with up to 70% savings on a variety of items across all 14 of departments. The deals page is currently available on desktop with the mobisite version to follow.
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Bad debts may hurt credit retailers

Mon, 20 May 2013 07:17:00 +0200

Credit retailers' share prices came under varying degrees of pressure in the wake of African Bank's warning over soaring bad debts. This has brought into focus the potential of credit retailers being vulnerable to higher levels of bad debt among borrowers.
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SA motor trade sales up 5.1%

Fri, 17 May 2013 09:33:00 +0200

Measured at current prices‚ South Africa's motor trade sales increased by 5.1% year-on-year in March according to data released by Statistics SA on Thursday (16 May).
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Warehouse profits reach R243,3m

Thu, 16 May 2013 07:54:00 +0200

Holdsport‚ which owns the Sportsmans Warehouse and Outdoor Warehouse on Wednesday (15 May) said the current retail environment is challenging and the group does not envisage any improvement in its performance during the remainder of the year.
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Retail sales rise marginally

Thu, 16 May 2013 07:30:00 +0200

The expected slowdown in retail sales in March was confirmed when Statistics SA (Stats SA) released its official figures on Wednesday (15 May).
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Holdsport HEPS on the rise

Wed, 15 May 2013 15:04:00 +0200

Holdsport (HSP) has reported a rise in headline earnings per share to 389.9 cents for the year ended February 2013 from 355.8c a year ago. Its core HEPS were up 7.3% to 415.7c.
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