Furniture retailer Steinhoff says its foray into overseas markets is finally beginning to pay off with the group having turned around its UK business and consolidated its European Union (EU) investments. 10 Sep 2008
As many retailers face hard times, Redgwoods, the toys group, is expanding and is to open eight stores in eight weeks. 9 Sep 2008
Service stations are hoping for an increase in the retail margin next month, the Fuel Retailers Association said. 8 Sep 2008
The Mr Price group yesterday announced changes to its board of directors, to take immediate effect. 5 Sep 2008
Food and furniture retailer Shoprite has vowed to push ahead with its expansion into Africa. 3 Sep 2008
South African supermarket group Shoprite Holdings on Tuesday reported a 54.1% increase in diluted headline earnings per share to 298.6 cents for the year ended June 2008 from 193.8 cents a year ago. 2 Sep 2008
Retail giant Edcon said last week it would continue to grow sales in the coming months despite a tough trading environment characterised by rising food prices and high inflation. 1 Sep 2008
Fashion retailer Edcon Holdings suffered a first-quarter loss of R643 million to June, compared with a R1,13 billion profit for the corresponding period a year ago. 29 Aug 2008
Mauritius received its first taste of dedicated Puma gear this month with the launch of the marque's first brand store on the island this month. Consumers and travellers to Mauritius will now have access to a wide range of Puma's sports lifestyle products available in one store. 28 Aug 2008
Retail group Massmart is rolling out more stores as it continues to grow sales despite an economic downturn, by offering low-cost, wholesale basic foods and consumer goods. 22 Aug 2008
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
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