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Retailers News

The re-engineering of furniture group Ellerines was starting to bear fruit, African Bank Investments Limited CEO Leon Kirkinis said on Wednesday, 10 February 2010. 11 Feb 2010
A small business panel was selected in 2007 by the Bureau of Market Research (BMR) of the University of South Africa (Unisa) and revisited in 2008 and 2009 to study small business sustainability and mortality amongst them within an increasingly competitive environment. 2 Feb 2010
South African retailers should look to international counterparts as to how technology is being successfully leveraged to solve business problems and achieve the goals of the UK and US retail sectors, in the face of depressed consumer spending and increasing competition. 1 Feb 2010
Food retailer Pick n Pay could be on a winning streak with its Score conversion strategy, which targets lower-end market areas. 27 Jan 2010
Trading updates released by SA's big retail stalwarts — Massmart, Shoprite, Mr Price, Truworths and Clicks — were appalling, but hardly surprising. 22 Jan 2010
PARIS, FRANCE: French luxury goods group Hermes is set to open a Chinese subsidiary later this year that will sell furniture, clothes and household accessories, the company said. 22 Jan 2010
Mr Price third quarter sales up 8.4%
Retailer Mr Price Group (MPC) said today, Thursday 14 January 2010, that during the third quarter (October, November and December 2009) it recorded sales growth of 8.4%. 14 Jan 2010
Late shopping bonanza for school outlets
EASTERN CAPE: With schools opening tomorrow, 13 January 2010, local uniform stores and stationery outlets say they are buzzing as parents rush for last-minute shopping. 12 Jan 2010
LONDON, UK: British clothes-to-food retailer Marks and Spencer said on Wednesday, 6 January 2010, that sales rose during its third quarter thanks to a positive Christmas trading period. 7 Jan 2010
New mall puts squeeze on traders
East London shopping centres and stores have blamed the newly opened Hemingways Mall for preventing them from enjoying a bumper festive season. 30 Dec 2009
The retail industry is one of the biggest users of labour brokers, but since the debate about banning them broke out early this year, it has been remarkably quiet. 30 Dec 2009
Neotel opens first store
The opening of the Neotel store in Cedar Square is the first the stores scheduled to roll out in the metropolitan regions of Pretoria, Durban and Cape Town over the next few months. 22 Dec 2009
Adventure Centre turns outside in
The Adventure Centre, a 1000m² mega store at Eastgate Shopping Centre, is the first experiential store for Cape Union Mart and offers customers a state-of-the-art GPS navigation station, a temperature controlled cold chamber and a challenging climbing wall. 18 Dec 2009
Retailers have taken stock of how South African consumers are feeling the strain and have filled shelves with a mix of luxury and budget items heading into the festive season. 14 Dec 2009
Baby boom, toys still on track for December sales
Redgwoods expects sales to grow by 10% in real terms this festive season. A highly competitive pricing model and a strong customer centric focus, and new stores opened last year are expected to spur the growth in sales of one of South Africa's biggest toy and baby products retailers. 10 Dec 2009
LONDON, UK: Britain's biggest retailer Tesco said on Tuesday, 8 December 2009, that group sales rose by almost 9% in its third quarter as consumer confidence improved globally. 9 Dec 2009
In with old, out with the new
The fashion world is used to coming up with something new - it's what those people do every season anyway, to keep you and me coming back to the malls. 3 Dec 2009
WASHINGTON, US: After a modest start to the US holiday shopping season with "Black Friday", online retailers are looking to "Cyber Monday" for a boost in sales. 1 Dec 2009
Building material retailer Cashbuild on Monday, 23 November 2009, announced that its chief executive, Pat Goldrick, has advised of his intention to retire in 2012, upon reaching the company's normal retirement age. 24 Nov 2009
Samsung launches dedicated brand stores
The doors are open to Samsung Electronics' two local brand stores that feature a showcase of the company's full product line-up. 23 Nov 2009
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