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Retailers News

Shoprite Holdings said on Monday that its turnover grew by 15.3% for the three months ending September. 26 Oct 2009
Retail group Clicks lifted diluted headline earnings per share by 26.2% from 131.5 cents to 165.9 cents for the year ended August which the group attributed to improved trading and efficient cash and capital management. 22 Oct 2009
Retailer Pick n Pay on Wednesday, 21 October 2009, reported headline earnings per share for continuing operations for the six months ended August 2009 of 100.30 cents - up 11.1% from the 90.31 cents reported last year. 22 Oct 2009
LONDON, UK: London emporium Harrods has started selling gold bars, the plush department store announced, just two days after the precious metal hit a record high in commodity market trading. 20 Oct 2009
Converged communications network operator Neotel on Monday, 19 October 2009, announced the opening of its first retail store at Cedar Square, north of Johannesburg. 20 Oct 2009
First SA stores for Aussie fashion brand
Forever New, reportedly Australia's hottest high street brand, will open its first two South African stores in Fourways Mall and Woodlands Boulevard in Pretoria in December 2009. Noted for setting new standards in fashion forward design with exceptional quality and value, the international catwalks and celebrity-led trends, styled with a range of accessories to create unique looks, inspire its original designs. 14 Oct 2009
Shoprite will not invest in Zimbabwe
Retail group Shoprite on Monday, 12 October 2009, announced that it had decided not to engage in investment opportunities in Zimbabwe. 13 Oct 2009
The high price to pay for a spud
Prices for the humble potato are at an all-time high, with some shops charging as much as R82 for a 10kg pocket, more than triple the average price charged this time last year. 8 Oct 2009
Western Cape gets wired
The first DionWired store in the Western Cape opened in Somerset Mall on 24 September 2009. It is its eighth consumer electronics and appliances concept store to open in South Africa. 6 Oct 2009
LONDON, UK: British retailer Marks and Spencer on Wednesday, 30 September 2009, said that sales improved in its second quarter, driven by revamped food, clothing and homeware products, but it remained cautious about the outlook. 1 Oct 2009
Customers may be paying more on dispensing and administration fees at independent pharmacies than at their in-store corporate counterparts. 30 Sep 2009
The Grahamstown High Court has liquidated the company that owns the Fruit & Veg City (F&VC) franchise in King William's Town. 25 Sep 2009
Retailer Truworths International has announced the resignation of Quentin Scorgie, the incumbent chief financial officer, as director of the company and its subsidiaries with effect from 30 October 2009. 21 Sep 2009
Building materials retailer Cashbuild, which is reaping rewards for opening stores in rural areas, expects to spend R200m on opening 10 new stores and refurbishing old ones this year. 16 Sep 2009
Levi Strauss chooses Rome for its biggest store
ROME, ITALY: The US clothing group Levi Strauss on Thursday, 10 September 2009, inaugurated its largest store ever, choosing the heart of Rome as its venue and announcing plans to open further outlets in other world capitals. 11 Sep 2009
Edgars - 80 years of 'firsts' in retail
Brothers Morris and Eli Ross opened Edgars (named for Swan and Edgar of Piccadilly London) in Joubert Street Johannesburg on 6 September 1929 and Eli Ross is credited with being the first to offer ‘six-months-to-pay' credit during a spring sale. 9 Sep 2009
Retail development offers local community jobs online
Gugulethu Square, a R350 million shopping mall development, is offering jobs to local residents through an online facility, Jobs@Gugs. 8 Sep 2009
In the grip of extraordinarily difficult trading conditions, SA's biggest and third-biggest retailer by market capitalisation delivered strong results. 4 Sep 2009
Brow'se a Benefit Bar at Woolies
Woolworths announced the opening of its first brow bar at Woolworths V&A Waterfront. Trading as Benefit Brow Bar, it extends the Benefit cosmetic brand exclusive to Woolworths, available at selected stores around the country. 1 Sep 2009
Retailer Mr Price on Thursday, 27 August 2009, reported that total sales grew by 11.9% and comparable sales grew by 9.2% for the first four months of the current financial year ending March 2010. 28 Aug 2009
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