Filed under: International News
Indian group Reliance Industries opened the nation’s biggest superstore yesterday and announced plans for hundreds more in what it called another step in its drive to unleash a “retail revolution”.
Filed under: Local Company News
The competition tribunal yesterday approved the R369 million takeover of mass market health and beauty chain Discom by Edgars Consolidated Stores (Edcon).
Filed under: Local Company News
Profit growth had slowed due to increasing competition in the tile and bathware retail sector, Italtile said yesterday, but it would respond by increasing the fashionability of products.
Filed under: Local Company News
Massmart Holdings expected to lift annual profit by up to 29 percent amid a consumer spending boom that has fuelled economic growth, the leading consumer goods wholesaler said yesterday.
Filed under: Local News
The new National Credit Act hit furniture sales hard in June, dragging overall retail sales growth down, but analysts remained confident that consumer consumption would remain relatively high.
Filed under: International Company News
Wal-Mart Stores yesterday reported a lower-than-expected quarterly profit and cut its annual earnings forecast
Filed under: Local Company News
RETAIL BONDS: The introduction of retail bonds has been a welcome development. But there are a number of cracks that need plastering.
