Clothing, footwear and textiles retailer Edcon, on Thursday, 23 February 2012, said total retail sales grew by 12.3% for the quarter ended 31 December 2011. Same stores sales rose 10.5%. 24 Feb 2012
Wal-Mart-backed Massmart (MSM) on Wednesday, 22 February, confirmed that the notorious battle for market share among retail players was as rife as ever. 23 Feb 2012
Consumer goods distributor Massmart (MSM) on Wednesday, 22 February 2012, reported headline earnings per share of 416 cents for the 26 weeks ended December 2011 from 366 cents a year ago. 22 Feb 2012
Shoprite (SHP) will soldier on with its expansion plans into the rest of Africa, adding 12 stores in countries like Nigeria and the Democratic Republic of Congo by the end of June, despite high trade barriers and supply challenges, its CE Whitey Basson said on Tuesday, 21 February. 22 Feb 2012
Supermarket group Shoprite Holdings on Tuesday, 21 February 2012, reported headline earnings per share of 280.8 cents for the six months ended December 2011, up 18.6% from 236.8 cents previously. 21 Feb 2012
After diversifying its retail footprint with the acquisition of Unitrans Auto and Steinbuild, and shedding its Polish furniture business Abra, a rejigged JD Group on Monday, 20 February, said it was quietly optimistic about the year ahead. 21 Feb 2012
Retailer Woolworths will try to woo its well-heeled customers into buying more than just meat and fresh produce from its stores by introducing more categories and bulk value buys in its new full-line supermarkets. 17 Feb 2012
Rod Salmon, who has extensive experience in the international and local retail sector both as a retailer, retail supplier and as a retail analyst, takes the position of divisional manager, general merchandise at Pick n Pay from 1 March 2012. 17 Feb 2012
Woolworths on Thursday, 16 February 2012, reported a 35.9% rise in diluted headline earning per share to 131.3 cents for the 26 weeks ended December 2011 from 96.6 cents previously. 16 Feb 2012
To steer it through its turnaround strategy, Pick n Pay will need to find a hard-as-nails CEO who really understands the food retail industry, Nedcor Securities analyst Syd Vianello said on Wednesday, 8 February. 9 Feb 2012
SAN FRANCISCO, USA: Online retail titan Amazon will open its first real-world shop in just a few months, according to a blog devoted to news about electronic readers such as the popular Kindle. 8 Feb 2012
Pick n Pay CEO Nick Badminton will be resigning from the board of Pick n Pay, effective the end of the financial year, the retail giant announced today, 8 February. Badminton will, however, be available to assist the company and its chairman in the transition period. 8 Feb 2012
Retail made doom-and-gloom new year headlines in the US and UK. A Deloitte survey revealed that retail insolvencies in the UK soared by 25% in the final three months of 2011 and more are expected. In South Africa, large retailers are proving resilient by comparison. 8 Feb 2012
BEIJING, CHINA: US retail giant Wal-Mart on Tuesday, 7 February, named a new chief executive for its China operations, four months after the retailer's former boss quit following a scandal over falsely labelled pork. 7 Feb 2012
Holdsport (HSP), which runs the Sportsmans Warehouse and Outdoor Warehouse stores, said on Monday, 6 February, that total sales for the five months ended 31 January 2012 increased by 11.5% compared to the corresponding period last year. 7 Feb 2012
SA retailers as a group have revelled in a decade of remarkable growth, and the high ratings of their shares may suggest there's more to come. But there are warning signals too. 3 Feb 2012
Consumer goods group AVI announced on Tuesday, 31 January, that it expected headline earnings per share for total operations in the six months to December 2011 to increase by 30% to 194.4 cents, from 149.9 cents a year ago. 31 Jan 2012
Consumer goods distributor Massmart Holdings advised on Tuesday, 31 January, that headline earnings per share (HEPS) would be between 10%-18% higher, or 402.4 cents to 431.6 cents, for the six months to 25 December 2011. 31 Jan 2012
Retailer Lewis Group on Friday, 27 January, said merchandise sales for the quarter ended 31 December 2011 increased by 5.5% off a high comparative base of 13% last year. 27 Jan 2012
LONDON, UK: According to the latest research from Informa Telecoms & Media, the tablet market will explode over the next five years with retail revenues increasing from US$34.5 billion in 2011 to US$121.5 billion in 2016. However, the company's research also shows that telecom operators will lose out while independent retailers are more likely to benefit from tablet sales. 27 Jan 2012
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