Amidst a wide range of forecasts for August's retail sales stats (some as low as 2.4% and others at 5.9%, with the average being 4.6%), trade at constant prices surprised all and came in at
6.4% year-on-year. However, on releasing its
diluted HEPS, Clicks maintains consumers are still
under pressure.
In wine country, SA scores its fair share at the
IWSC 2012, while
Nigeria gets a taste of our local wines first hand, and Obikwa is capped as
SA's Best Value Chardonnay in the US.
The Times Sowetan have released the results of the country's
favourite retailers, with Shoprite taking pride of place once again this year. Congratulations to all the winners!
Enjoy the rest of your week!
Shan Radcliffe, Group Head - Retail
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