While the recession may seem like a distant memory, its after-effects still weigh heavily on consumers who are facing challenging financial conditions, while grappling with mountains of debt and rising unemployment levels. 16 Aug 2010
Retail sales figures grew for the fifth consecutive month to 4.6% year-on-year for the three months ended May, indicating that consumers are slowly releasing their spending brakes and dipping into their pockets. 11 Aug 2010
A new Freshstop at Caltex store will open in on Main Reef Rd in Anzac, Brakpan tomorrow, 6 August 2010. This is the 22nd such store to open of the 24-hour convenience retailer, which is reportedly one of South Africa's fastest growing groups in this category. 5 Aug 2010
On Monday 2 August 2010, MWeb opened a concept store in Canal Walk shopping centre in Cape Town's Century City, the second of such stores and the first in the Western Cape. The company will launch similar stores in the rest of South Africa over the next few years beginning with its third store in Centurion later this year. 3 Aug 2010
Eskom-accredited solar water heater systems are being sold at retail level through the Massmart Group at Builders Warehouse outlets countrywide. Roll-out to the groups Builders Trade Depot and Builders Express outlets are also planned for the future. 2 Aug 2010
Taste Holdings, the owner of restaurant brands Scooters Pizza and Maxi's restaurants as well as jewellery chain NWJ, says its latest jewellery venture has not gone as well as hoped. 26 Jul 2010
In growth and profitability, SA's clothing retail sector stands out as a space waiting for major foreign players to step into. And they will, is the general view of market watchers. 23 Jul 2010
Investors in furniture retailers JD Group and Lewis Group can forget the idea of making a quick buck when a foreign major swoops in to SA. 23 Jul 2010
Pick n Pay opened its first store in Zambia yesterday, Thursday 22 July 2010, in Woodlands, Lusaka and is the first of seven planned over the next five years. 23 Jul 2010
Woolworths showed yesterday, 21 July 2010, that its wealthy target market was feeling better about finances as it reported a growth in sales of 10.5% for the year to June. 22 Jul 2010
Some financial commentators are predicting a 'Lazy W' economic recovery for South Africa. 2009 saw us plummeting down the steep slope of the downturn and we are now heading towards a somewhat shallow middle spike, centred on the economic stimulus of 2010 FIFA World Cup. Then that peak is likely to take another dip before we move slowly up a gentle gradient for the last stroke of the W during 2011. 21 Jul 2010
Shoprite, SA's biggest supermarket owner, said Thursday, 15 July 2010, that sales for the 12 months to June rose 13.6%, as new stores and aggressive marketing boosted sales growth. 19 Jul 2010
Higher-than-expected retail sales figures for May 2010 suggest that consumers are loosening their belts and gradually spending again. 19 Jul 2010
In line with its retail expansion plans, supermarket group Spar on Wednesday, 14 July 2010, announced the launch of its first branded pharmacy at Spar Shelly Beach in KwaZulu-Natal. 15 Jul 2010
Fresh from an impressive 52-week sales update, retailer Massmart Holdings, has announced the buy-out of Namibia-based hardware chain, Pupkewitz Megabuild, in line with its African expansion strategy. 14 Jul 2010
Two years after its grand opening with the promise of putting Mdantsane on the map, the R550 million Mdantsane mall has left some local businesses in limbo. 9 Jul 2010
KUALA LUMPUR, MALAYSIA: French supermarket giant Carrefour has denied that its stores in Malaysia and Singapore will close following reports that it would shut down its Southeast Asian outlets. 8 Jul 2010
With four days to go before the end of the 2010 FIFA World Cup, brewing companies in South Africa are claiming victory in liquor sales, while some tavern owners say they have done poorly during the tournament. 8 Jul 2010
It promises to be one of the best investment opportunities of the past half century. But unlike Krugerrands, where you can take physical delivery on the turn, with this investment you can't take delivery until, at the earliest, 2012. And even then you will be hit with a tax bill, so you might want to hang fire for 30 or 40 years. 6 Jul 2010
The brand new MyCiTi shuttle service, a major station revamp and a generally enhanced CBD have all played their part in bringing business back to Cape Town's CBD, as have the burst of new restaurants, eateries, boutiques and other stores. National retailers like Pick n Pay, Mr Price and Woolworths are seeing the CBD potential. 6 Jul 2010
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