Filed under: Retail
November 28, 2008
By Roy Cokayne
Pretoria – Property owners are concerned about the planned electricity penalty charges, describing them as “unfair” and saying that they would lead to people going out of business.
Image is very important in retail from eye wear to shoes and if a company can get people to own their brands they have then achieved the status icon. Products like clothing and accessories have achieved this very well, retailers have to a much lesser degree.
Filed under: Retail
November 28, 2008By Thabiso Mochiko
Johannesburg – Listed franchise group King Consolidated (Kingco) expected the holiday season to boost the company’s business, which had continued to make losses for the six months to August, the company said yesterday.
Filed under: Local News
By Mzwandile Jacks
Johannesburg – African Bank Investments Limited (Abil) was confident about its prospects and expected to double the size of its advances portfolio – the total amount of money it has loaned to customers – in the next four years, Leon Kirkinis, the chief executive, said yesterday.
Filed under: Local Company News
By Tom Robbins
Cape Town – Fitch had affirmed Pick n Pay’s credit rating, noting the “defensive nature of the food retail business” and highlighting the group’s consistent sales growth, the ratings agency said last week.
Filed under: Retail
By INGI SALGADO
Johannesburg – More of the JSE’s top listed companies started disclosing their level of greenhouse gas emissions as climate change became a priority for business in 2008, according to South Africa’s second annual Carbon Disclosure Project.
Filed under: Retail
November 19, 2008By SLINDILE KHANYILE
Durban – Airports Company South Africa (Acsa) will begin as early as next week to call for bids from potential retail suppliers, which will occupy the 6 445m2 space at the new King Shaka International Airport.
Filed under: Local Company News
November 18, 2008
By TOM ROBBINS and Bloomberg
Cape Town – JD Group believed the consumer cycle had “got to the bottom” and there were already “exciting” signs of an improvement, executive chairman David Sussman said yesterday.
Filed under: Local Company News
November 17, 2008
Bulgari, the world’s third-largest jeweller, on Friday fell the most in six years in Milan trading after scrapping a forecast for higher annual profit because of a stall in spending by wealthy shoppers.
Filed under: Local Company News
November 17, 2008
By Thomas Mulie
Geneva – Jewellery maker Richemont reported its slowest profit growth in three years after US shoppers trimmed spending on Cartier necklaces and Mont Blanc pens and watches.

