Statistics SA posted November's retail trade sales data last week, and while the figures look pretty perky, economists don't expect these levels to be sustainable. Retailers confirmed this with the release of their individual Christmas sales figures. These dismal reports were compounded for some, such as Shoprite and Massmart, having lost around R460-million by closing on the Sunday of Madiba's funeral.
On the lighter side, Biz Trends 2014 has started with a bang. Be sure to check out Dave Nemeth's look at the changing face of retail, Karen Ashwin's advice on how to make your brand stand out in 2014. Gary Hadfield and Christy Turner weigh in on trends to give your e-commerce business the upper hand.
Have a great week!
