Edcon, SA's largest clothing retail group, said yesterday retail sales increased 9.7% for the quarter to December. 5 Feb 2009
South African retailers have adopted a wait-and-see approach regarding their assets in Zimbabwe, several companies said this week. 4 Feb 2009
Retailer New Clicks (NCL) reported on Wednesday, 4 February 2009, that it has cancelled and delisted 21.5 million ordinary shares, but that this would have no financial impact on headline earnings per share. 4 Feb 2009
South African petroleum retailers have reinvigorated suspicions of the manipulation of petrol and diesel prices, following the announcement of this week's increase in the retail price of petrol despite relatively low international oil prices. 3 Feb 2009
One could be forgiven for wondering if there were two different retail sectors operating in SA right now. 30 Jan 2009
In another first for the family-owned Cape Union Mart, which launched the Old Khaki stores and a new kiddies range called K-Way Kids, the company is opening its first women's lifestyle stores called Poetry. 27 Jan 2009
LONDON: British shoe retail chains Barratts and PriceLess face collapse, parent group Stylo said Monday, putting 5,400 jobs at risk as the recession continues to bite on Britain's high streets. 27 Jan 2009
Food and furniture retailer Shoprite, which has boasted of its commitment to put R27m in fuel savings back into consumers' pockets, is not the only retailer passing on savings. 23 Jan 2009
Consumers cut back on their shopping in November as high interest rates took a bite out of household budgets. 22 Jan 2009
Lewis Group yesterday reported almost flat revenue for the December quarter as furniture retailers' sales fell with the economy slowing. 22 Jan 2009
Furniture retailer Lewis said on Wednesday, 21 January 2009, that its cumulative revenue growth for the nine months ended 31 December 2008 was 5%. 21 Jan 2009
Woolworths expects headline earnings per share (HEPS) for the interim period ended December to be between 8% and 13% higher than the same time a year ago, it said on Tuesday, 20 January 2009. 21 Jan 2009
Retailer New Clicks (NCL) reported on Tuesday that its retail sales had increased by 11.1% for the four months ended December 2008. 20 Jan 2009
Swiss based luxury goods group Richemont (CFR) on Monday reported total sales for the three months ended December 2008 were down 7% at €1.552 billion from €1.673 billion in the corresponding period in 2007. Underlying sales decreased by 12% at constant exchange rates. 19 Jan 2009
Foschini said on Friday that Christmas trading was above expectation across all divisions with sales growth for December of 9.9% and same store growth of 3%. 16 Jan 2009
Fashion and furniture retailer Mr Price said yesterday it recorded sales growth of 20.3% for the three months to December, continuing the trend started by other retailers who have already reported buoyant sales particularly during the just-ended festive period. 15 Jan 2009
South African retailer Mr Price Group (MPC) said on Wednesday that during the third quarter (October, November and December) of the financial year ending March 2009 it recorded sales growth of 20.3%, with December up 21.4%. 14 Jan 2009
Food and furniture retailer Shoprite said yesterday turnover grew 27.3% to R29,6bn for the six months to last month with the group's African business continuing to forge ahead. 14 Jan 2009
Pick n Pay has been voted the world's best retailer by international retail organisation, the National Retail Federation (NRF). 13 Jan 2009
Circuit City Stores said Friday it is in talks with two interested parties that could buy the company or provide additional financing for it to stay in business. 12 Jan 2009