Filed under: Retail
October 31, 2008By Tom Robbins
Cape Town – Sales at Foschini jumped 12 percent this month after rising only 2.9 percent in the six months to September, the fashion retailer said yesterday.
Filed under: Retail
October 30, 2008By Tom Robbins
Cape Town – Musica was increasing the space allocated to electronic games and putting gaming experts in stores in a bid to grow market share in that category, David Kneale, the chief executive of New Clicks, said yesterday.
Filed under: Retail
October 22, 2008By Tom Robbins
The new ANC leadership had expressed “a certain amount of interest” in loosening control of petrol prices, Raymond Ackerman, the executive chairman of Pick n Pay, said yesterday, after moving a step closer to fulfilling his 33-year dream to become a national fuel retailer.
October 22, 2008Pick n Pay had lost market share despite being the cheapest supermarket group, as its positioning was less exposed to the “alarming” inflation in poorer consumers’ shopping baskets, chief executive Nick Badminton said yesterday.
Filed under: Retail
Bleak Christmas sales expected this year
October 21, 2008By Tom Robbins
Cape Town – Retailers of discretionary goods have cut orders in anticipation of bleak Christmas sales, but are loathe to reduce prices to attract consumers.
Filed under: Retail
October 24, 2008By Justin Brown
Johannesburg – Junior platinum mining firms such as Wesizwe Platinum and Anooraq Resources are expected to have to shelve development projects or at least slow them down due to the sharp fall in the prices of platinum group metals (PGMs).
Filed under: Retail
October 28, 2008By Tom Robbins
Cape Town – Shoprite sales in the quarter to September were up 25.9 percent as it sold more groceries and was helped by a doubling in internal food inflation, the supermarket group said yesterday.
