Retailer Woolworths reported on Wednesday, 26 August 2009, that its adjusted diluted headline earnings per share for the full year ended 30 June had lifted to 123.7 cents from 114.3 cents before. 27 Aug 2009
Shoprite will not pursue an unprofitable market share growth, chief executive Whitey Basson said. 27 Aug 2009
Retailer Shoprite on Tuesday, 25 August 2009, reported that its diluted headline earnings per share for the 12 months ended June 2009 were at 390.8 cents, up 30.9% from the previous years 298.6 cents. 26 Aug 2009
With some shopping centres increasingly being criticised by investors, vigorous debate is expected to feature at the 13th African Congress of Shopping Centres next month. 26 Aug 2009
Alison McCutcheon saw a gap in the market for a destination store that showcased the resourcefulness and creativity of South Africans. The result is The Rainbow Experience at Mandela Rhodes Place in Church Street, Cape Town. 25 Aug 2009
Gross profit margins at Edcon, one of the country's largest retailers, weakened over the quarter ending 27 June 2009 because of higher markdowns, a late winter and higher cost prices due to a weaker rand at the time of purchasing winter merchandise. 21 Aug 2009
The Durban author Peter Harris has won the Booksellers' Choice Award 2009 with his book In A Different Time, together with a cheque for R10 000. 21 Aug 2009
One of SA's biggest asset managers and investors in commercial property, Stanlib, has questioned the viability of 10 major shopping centres in Gauteng. 20 Aug 2009
Some 21 700m² have been added to the established initial phase of The Grove (previously known as Riverside Lifestyle Centre) in Nelspruit, Mpumalanga, expanding it to 36 400m² and bringing with it some household name retailers. 19 Aug 2009
The 13th African Congress of Shopping Centres is expected to generate lively debate as shopping centres and retailers tackle the challenges of the current market. The congress is sponsored by Growthpoint Properties and will take place at the Sandton Convention Centre, from Wednesday, 16 to Friday, 18 September 2009. 18 Aug 2009
The Durban couturier and fashion darling, Haroun Hansrot, is preparing to open his first signature store, “75”. As well as his own range, Hansrot will be showcasing the garments of well-known and up-and-coming Indian designers. 17 Aug 2009
Gonubie's newest shopping mall has been dealt a severe blow after the owners of the R120 million development were placed under provisional liquidation. 5 Aug 2009
FRANKFURT, GERMANY: German fashion group Hugo Boss said on Thursday, 30 July 2009, that its net loss had more than doubled in the second quarter but forecast an improvement next year. 31 Jul 2009
Supply chain management business Super Group on Thursday advised shareholders that it was expecting to report a consolidated net loss for the financial year ended 30 June 2009 of between R1.120 million and R1.370 million, resulting in a loss per share of between 245 cents and 299 cents, and a headline loss per share of between 141 cents and 195 cents. 30 Jul 2009
USA: Microsoft is planning to open its first two retail stores in Arizona and California this fall. 30 Jul 2009
THE HAGUE, NETHERLANDS: Dutch retail giant Ahold reported second quarter sales of €6.43 billion (US$9.2 billion), yesterday, Tuesday 28 July 2009, up 11.5% from a year earlier but short of analyst forecasts for €6.55 billion. 29 Jul 2009
PARIS, FRANCE: French luxury giant LVMH, maker of Louis Vuitton bags and Moet champagne, a 23% profit drop for the first six months of 2009 to €687 million ($977 million). 28 Jul 2009
Retailer of building materials Cashbuild said in a voluntary trading update on Monday, 27 July 2009, that revenue was up 18% from the fourth quarter of the prior financial year. 27 Jul 2009
Retailer Woolworths Holdings said on Thursday, 23 July 2009, it estimates that EPS for the year ended 30 June will be between 40% and 50% higher than the results of the prior year. 24 Jul 2009
Furniture and electrical goods retailer Lewis yesterday, 22 July 2009, received a “buy” rating from the Bank of America citing the group's proven business model and low cost base. 23 Jul 2009
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