Filed under: Retail
Edcon Holdings staved off an interest squeeze in the year to March, generating sufficient cash to meet hefty repayments arising from its leveraged buyout by Bain Capital last year.
Filed under: Retail
Mr Price’s focus on the bottom end of the retail market helped it withstand a tough economic climate and lift profit 15 percent to R551 million in the year to March.
Filed under: Retail
African Bank Investments Limited (Abil) is now applying its low-cost borrowing model to its Ellerine furniture acquisition, offering an interest rate of 15 percent to its least risky customers.
May 28, 2008 Edition 1
Wendy Knowler
Have you ever left a shop because you can’t stand the music they’re playing?
Me too.
Filed under: Retail
Filed under: Retail
Filed under: Retail
Filed under: Local News
African Bank Investments Limited (Abil) posted an 11 percent rise in headline earnings a share to R1.25 for the six months to March as price reductions “facilitated” strong growth momentum, the listed microlender said yesterday.
Filed under: Local News
Ellerine had made a quarterly retail loss of R73 million after purchaser African Bank Investments Limited (Abil) had split the business into retail and consumer finance, the microlender said yesterday.
Filed under: Local News
There was no end in sight to the economic downturn, JD Group said yesterday as the furniture retailer’s interim profit fell by half. Computer and gaming sales at its Incredible Connection cash chain were the only silver lining.
