Christmas trading was mixed across merchandise categories with group sales growth for December (2 December to 29 December) of 10.5% and same store growth of 4.7%.
Growths in the various merchandise categories for the nine months to December were as follows: clothing 12.5% (same store growth 6.1%); homeware 18.9% (same store growth 11.8%); cosmetics 11.4% (same store growth 8.0%); jewellery 7.6% (same store growth 3.6%) and cellphones 2.3% (same store growth -1.4%). Merchandise inflation for the period averaged 5.5%.
The company said sales post Christmas for the period 30 December to 17 January had been strong across all merchandise categories with group sales increasing by 19.8% and same store growth of 12.9%.
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
