Filed under: International News
Retail sales in the euro zone fell for the first time in three months in May, the Bloomberg purchasing managers’ index showed yesterday.
Filed under: Local Company News
Funds raised last year for investment in local private equity deals shattered all records, according to a survey by KPMG and the Southern African Venture Capital Association (Savca).
Filed under: Local Company News
Both JD Group and Steinhoff International still have an eye on expanding their retail footprints in the growing European market, despite the failed merger between the two.
Filed under: Design
South Africa’s vibrant design industry is a surprise when you first discover it.
Filed under: Local Company News
Prices at Pick ‘n Pay Stores were cheaper than at supermarket competitors but consumers did not necessarily agree, said chairman Raymond Ackerman.
Filed under: Local Company News
In a major blow to the European ambitions of the JD Group and Steinhoff, the two parties yesterday called off their merger.
Filed under: International News
LONDON: Retailers face increasing pressure to offer customers a fully-integrated multi-channel experience where products can be bought online and collected in store, for example. Traditional IT integration can provide this service but the evolution of service oriented architecture (SOA) offers retailers an approach where they can achieve competitive advantage. This is according to a new report by independent market analyst Datamonitor, “Multi-channel retailing in a service-oriented future”.
Filed under: Local Company News
South African furniture retailer Lewis’s full-year normalised headline earnings per share rose 23% to 654,4 cents, the company said on Monday.
Filed under: Local News
South African fashion retailer Stuttafords said on Tuesday a court had ordered it to stop selling
United States retailer Gap merchandise due to a dispute with a local firm that claims to be the owner of the brand.
Filed under: Local Company News
Shares of Ellerine Holdings fell to a three-month low yesterday after the country’s second-largest furniture retail company said Poco International Holdings planned to sell its 20.2 percent stake in the firm.
