Verimark has reported a loss for the 12 months to February and has yet to unveil its long-promised turnaround plan. 4 May 2009
The retailer New Clicks on Thursday, 30 April 2009, reported an 18.8% rise in diluted headline earnings per share to 80.3 cents for the six months ended February 2009 from 67.6 cents a year earlier. 4 May 2009
Food and clothing retailer Woolworths is revamping its look in a bid to offer consumers an experience of “discovery and excitement”. 4 May 2009
Cashbuild said on Tuesday, 28 April 2009, its revenue was up by 29% in the March quarter compared with the third quarter of the prior financial year. 29 Apr 2009
South African retailer Pick n Pay has opened its fifth and sixth Pick n Pay stores in Soweto, underscoring the group's growing market share in the area. 28 Apr 2009
Clicks is accelerating the roll-out of new pharmacies as many other businesses slash expansion plans. 28 Apr 2009
Retailer Pick n Pay on Thursday, 23 April 2009, reported an 18.1% rise in diluted headline earnings per share to 230.62 cents for the year ended February 2009 from 195.28 cents a year ago. 23 Apr 2009
BERLIN: Troubled German retail group Arcandor said on Monday, 20 April 2009, it needs new loans of up to €900 million (US$1.2 billion) from banks and the state in order to survive the recession. 21 Apr 2009
Tumi, the international brand of travel and lifestyle accessories, is joining the social networking scene with the launch of its personal Facebook page. 16 Apr 2009
FRANKFURT: The Woolworth department store chain has been placed under administration in Germany, a Frankfurt court said on Tuesday, three months after the group's last British store shut down. 15 Apr 2009
Manufacturing and retail group Rex Trueform would benefit by cleaning up its holding structure, and could strip out its remaining factory, say analysts. 14 Apr 2009
An indefinate strike by members of SA's four major transport unions was likely to cripple SA's biggest food chain store, Kevin Korb, director of food merchandise at Pick n Pay, said yesterday, 13 April 2009. 14 Apr 2009
Clothing retailer Edcon could benefit by as much as R500m as interest rates fell, an analyst said yesterday, 7 April 2009. 8 Apr 2009
Clothing retailer Pep aims to have 20 stores operating in Angola within the next three years as it rolls out on the continent country by country. Angola, officially the Republic of Angola, was a Portuguese colony from the 16th century to 1975 and is the second-largest petroleum and diamond producer in sub-Saharan Africa. 7 Apr 2009
Consumers can expect some relief as price cuts on basic food items start coming through the supply chain, Shoprite said last week. 7 Apr 2009
With 400,000 people in Gugulethu, the buying power in the Western Cape township is formidable. 30 Mar 2009
At first glance, Raymond Ackerman doesn't look like the sort of chap who would follow you home. But he's bound to tell his driver to “follow that car” if it's full of Shoprite bags. 30 Mar 2009
STOCKHOLM: Swedish clothing group Hennes & Mauritz (H&M) said on Thursday its first quarter net profit fell by 12.4% to 2,57 billion kronor (US$321 million) due to a weaker Swedish currency. 27 Mar 2009
Buiding materials retailer Hardware Warehouse (HWWH) has set its sights on an expansion drive into southern Africa over the next year. 26 Mar 2009
Independent retailers generate half the sales in SA's R250bn grocery market and service three-quarters of the population. “Only a quarter of the population is serviced by the formal sector,” says Massmart CEO Grant Pattison. “And the lower end consumer is still in good shape, though this may change.” 20 Mar 2009
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