Filed under: Retail
By Florence de Vries
Building materials retailer Cashbuild’s dominant footprint in markets with lower household income and rural cash-based areas have proven an effective strategy.
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Filed under: Retail
By Florence de Vries
A recession can show which retailers have the correct strategy, and those giving value for money are now the victors.
Speaking on the retail sector’s performance this year, Michael van Wyk, the head of retail at Deloitte, said at the weekend that retailers offering value-for-money products would stand out above the rest.
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By Florence de Vries
Recessions mean wistful meanders past designer dress racks and reluctantly hanging on to your four-year-old car. It means more Land Rovers stay put in showrooms and lavish dinners at swanky restaurants become few and far between.
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Filed under: Trends
Sector looks beyond 2010
September 9, 2009
By Roy Cokayne
Major construction firms are confident of growth in their order books beyond next year’s Fifa World Cup projects, which have buoyed the industry in the past lean years, though funding remains a pressing concern.
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More than half of European websites selling consumer electronics were misleading or cheating online shoppers, the EU consumer watchdog said yesterday after checks on 369 sites in 26 EU countries plus Iceland and Norway. National regulators would force them to amend their selling practices and could close such sites if they fail to comply. The checks showed that 55 percent of the sites investigated – including 200 of the biggest – were misleading buyers about their consumer rights or shipping costs, or gave incomplete contact details. – Reuters
Filed under: Retail
Comfort buying all the rage
September 10, 2009
By Florence de Vries
In the midst of a recession, clothing firms have stood out head and shoulders above the rest of the retail sector, fuelling debate about the psychology behind sartorial indulgences when times are tough.
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