Clothing retailer Truworths International has bucked the trend of slower retail sales by posting a 16% rise in sales to R5,65bn. 21 Aug 2008
African Bank Investments Ltd (Abil) says the reconfiguration of its Ellerines furniture business, including its financial services activities, is proceeding within expected timeframes and it remains confident of its ability to deliver value to customers and shareholders. 19 Aug 2008
With retail sales having fallen for the fourth month running in June, analysts said on Friday it would be interesting to see how retail groups Massmart and Woolworths — which release their results this week — have withstood the consumer spending downturn. 18 Aug 2008
Mid-year is traditionally slow for retailers but this June, which saw total sales rung up by South Africa's tills fall to R39.7 billion from over R40bn in May, was worse than economists expected. 14 Aug 2008
BRUSSELS: Online auctioneer eBay won a Belgian court case Tuesday against L'Oreal after the French cosmetics giant sued it over the sale of counterfeit goods. 13 Aug 2008
Grocer retailer Shoprite Holdings expects annual fully diluted headline earnings per share to rise between 45% and 55%, it said on Monday. 12 Aug 2008
Best Buy is trying a new retail channel - the vending machine, of all things. The electronics retailer plans to place automated kiosks at airports across the US in an effort to reach customers while they're travelling. The machines will offer MP3 players, phone chargers and other smaller items. 12 Aug 2008
Swiss-based luxury goods group Richemont announced today it had acquired a controlling interest in the Geneva watch company, Manufacture Roger Dubuis SA in a private transaction with Carlos Dias, one of the founding shareholders. 11 Aug 2008
NEWSWATCH: Music, DVD and games retailer, Musica, is being fined R170,000 after the Pretoria specialised commercial crimes court, on Wednesday, found the company guilty of contravening the Counterfeit Goods Act - IOL reports. 7 Aug 2008
Moody's did not lower Edcon's credit rating, but did raise questions about the risk it faces in relation to debt. 6 Aug 2008
The USA's National Retail Federation's venerable retail trade publication, Stores magazine, announced the results of its 2008 Top 100 Retailers Study in July. 4 Aug 2008
Despite a tight consumer environment, retailer Clicks' roll-out of pharmacies in its health and beauty stores is continuing apace. The retailer yesterday launched its 150th in-store pharmacy with the opening of a dispensing section in its Hyde Park store. Another five to six stores are set to be opened within the next month, before the company's financial year-end. 1 Aug 2008
Having positioned itself as one of the biggest retailers of pre-paid cellular products in South Africa, PEP is now opening its first stand-alone cellular stores. The first PEPcell store opens on 31 July 2008 in Khayelitsha; the second store opens in Parow Centre on 1 August; the third store opens in Nyanga on 15 August. 31 Jul 2008
Furniture retailer JD Group says it has acquired 5.42 million ordinary shares, equivalent to 3% of its issued share capital, for a total consideration of R217.2 million in the open market. 29 Jul 2008
Trendsetter Paul van der Spuy, winner of multiple fashion awards and the creator of the legendary Frank B. Ernest and Wylde Oscar clothing stores, has now launched bluecollarwhitecollar, a bespoke shirt shop in Cape Town. 21 Jul 2008
Hardware Warehouse (HWWH), a retailer of low-cost building materials, has acquired two new stores, bringing the chain's total to 16. The two new stores are in Queenstown and Gonubie. 15 Jul 2008
A leading clothing retailer has been found guilty of racism and will have to fork out thousands of rands in compensation to a disgruntled customer. 14 Jul 2008
Mass retailer Massmart, home to Makro, Game and Builders Warehouse, reports that sales in the 12 months to June had grown to R89,8bn, bolstered by an extra week in the year. 11 Jul 2008
The National Prosecuting Authority has revealed that New Clicks Holdings trading as Musica has been found guilty of trading in counterfeit goods, in a matter that was successfully prosecuted by the Specialised Commercial Crime Unit (SCCU). 10 Jul 2008
Shoprite says for the 12 months to end June it increased total turnover by 22,3% to about R47,7bn. 7 Jul 2008
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