Retailer New Clicks (NCL) reported on Tuesday that its retail sales had increased by 11.1% for the four months ended December 2008. 20 Jan 2009
Although Apple announced this month that some songs sold on its market-leading iTunes online service would be available for 69 cents instead of the 99-cent tag Apple had insisted on for years, the change won't necessarily put more money into the pockets of music lovers. 20 Jan 2009
Nintendo's dominance of the console gaming market continued in December, according to sales figures collected by the NPD Group. The Wii set a new monthly record as consumers picked up some 2.15 million consoles in December alone. The good news continued for Nintendo; its portable gaming platform, the DS, also set a one-month sales record with more than 3 million units moving off of store shelves. 20 Jan 2009
Vodacom is likely to participate in a R2bn plan to build a national fibreoptic network, joining its rivals MTN and Neotel in the venture. 20 Jan 2009
Concerns over job application fraud in the United Kingdom prompts massive increase in staff checks. 20 Jan 2009
A new investigation is being launched into alleged price-fixing - this time within the petroleum industry, the Competition Commission announced earlier today. 19 Jan 2009
Swiss based luxury goods group Richemont (CFR) on Monday reported total sales for the three months ended December 2008 were down 7% at €1.552 billion from €1.673 billion in the corresponding period in 2007. Underlying sales decreased by 12% at constant exchange rates. 19 Jan 2009
Retailers need to offer customers more services to make themselves indispensable and work with the government to help solve economic and social woes even as they deal with seismic changes in consumer behavior, industry leaders said Monday. 19 Jan 2009
USA: Shopping online can be a way to find bargains while steering clear of crowds - and sales taxes. 19 Jan 2009
A company implicated in a dairy industry cartel has turned against its rivals, agreeing to testify against them in a hearing to start before the Competition Tribunal today. 19 Jan 2009
The global economic recession, affecting the United States in particular, is causing significant outflows of capital as investors retreat to pump money into their domestic markets, says Finance Minister Trevor Manuel. 16 Jan 2009
Foschini said on Friday that Christmas trading was above expectation across all divisions with sales growth for December of 9.9% and same store growth of 3%. 16 Jan 2009
Dr Eddie Stoop, CEO of the Elite Group (a wholly owned affiliate of AltX listed group, African Dawn Capital) said loan sharks charging up to 60% a month interest were continuing to flourish despite the introduction of the National Credit Act which strictly forbids such practices. 16 Jan 2009
The Coca-Cola dome has appointed Delmont Caldow Caterers as its exclusive five-star banqueting caterers. 16 Jan 2009
Two milk processors will on Monday raise issue about “serious irregularities” on the part of the Competition Commission in an investigation which led to eight players in the dairy industry being accused of collusion and price-fixing. 16 Jan 2009
Nola, a division of Foodcorp, has re-launched its leading pet food brand Bobtail with a new look and an extended product line to further entrench their position in the market. 16 Jan 2009
Mobile handset maker Motorola said Wednesday it will cut 4,000 more jobs in 2009, in addition to 3,000 it announced in October. 16 Jan 2009
It seems that the great Chinese dragon is wounded and its shadow over the global apparel and textile industries (T & A) has diminished albeit only slightly. Injured in the collective repercussions of the economic turmoil the world is experiencing, it will retreat, develop new strategies and incentives to reappear once again in the hope of retaking, through its new found power and manipulation, diminished markets to feed its nation and avert any social unrest due to massive job losses in its export orientated industries. 15 Jan 2009
Last spring, Sony appeared to score a decisive blow in the high-definition video sweepstakes when its Blu-ray video format won the endorsement of Hollywood studios and major retailers, claiming victory over Toshiba's rival HD-DVD format. 15 Jan 2009
Although South African motorists can for the moment enjoy the sudden travellers euphoria after the price of unleaded 93 octane dropped by R1.36 in January, fuel increases in 2009 are likely on the horizon some economists believe. 15 Jan 2009
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