Industrial action, which shut down South Africa's vehicle production lines, dramatically slowed down growth in new vehicle sales in September, leading to a shortage of cars in showrooms and hurting export sales, economists said. 5 Oct 2010
R30 billion offer for Massmart but a drop in Wal-Mart's mighty ocean. 4 Oct 2010
The Congress of South African Trade Unions (Cosatu) on Thursday, 30 September 2010, said it was deeply concerned at the bid by the world's biggest retailer, Wal-Mart, to take over South Africa's Massmart (MSM). 1 Oct 2010
South African retail trade sales at constant (2008) prices for July are expected to decrease to 6.9% year-on-year (y/y) from 7.4% in June, according to a survey of leading economists by I-Net Bridge. Forecasts among the ten economists ranged from 5.3% to 7.9%. 21 Sep 2010
There remains considerable growth potential in SA for Clicks Pharmacy, the Clicks Group-owned pharmacy chain that operates in 254 Clicks retail stores, according to Dan Zinner, head of business development at the group. 17 Sep 2010
There has been a major shift in buying patterns in the used car market in South Africa. Whereas auctions have traditionally played a huge role, with many buyers bidding for their dream wheels, more and more motorists are now switching to buying off the retail floor. 17 Sep 2010
The current level of consumer confidence points to a stable retail environment during the second half of 2010, Stanlib economist Kevin Lings said Monday. 15 Sep 2010
Consumers of plasma TVs, hi-fis and other electronics equipment are having a fine time right now. As the rand has gained against the US dollar - almost 15% in the past year - so the price of imported electronic equipment has fallen. 13 Sep 2010
Retailers are reporting no impact on spending after almost a month of punishing public sector strikes with more than a million workers out on strike, according to SureSwipe, an independent card swipe machine distributor. 8 Sep 2010
South African household goods company Steinhoff International on Tuesday said that in line with its business model of increasing the group's retail footprint it was looking for strategic partnerships and corporate opportunities to increase its presence in Europe and southern Africa. 8 Sep 2010
Members of the SA Commercial, Catering and Allied Workers Union (Saccawu) employed at retailer Pick n Pay plan to strike over wages, the union said on Monday, 30 August 2010. 1 Sep 2010
Jump Shopping has launched a list of 'Trusted Stores' for online South African consumers that in its opinion provide consumers with a safe and user friendly environment to shop in by adhering to all the necessary business practices and policies. Jump's Choice was also introduced to indicate the cheapest price from a Trusted Store for a specific product. 1 Sep 2010
After the economic shot in the arm provided by the 2010 World Cup, the retail sector in Africa's largest economy is knuckling down to assess how to maintain, encourage, and identify untapped opportunities for retail growth in the months to come. 31 Aug 2010
Retail group Mr Price Group said on Thursday, 26 August 2010, its total sales for the first four months of the financial year ending March 2011 - the 18 weeks to end July 2010 - grew 11.9%, while comparable sales grew 8.6%. 27 Aug 2010
South African wholesaler and retailer Massmart today, Thursday 26 August 2010, reported an 8.3% decline in diluted headline earnings per share to 542.7 cents for the 52 weeks ended 27 June from 591.6 cents a year ago. 26 Aug 2010
South African retailer Woolworths today, Thursday 26 August 2010, reported adjusted diluted headline earnings per share of 159 cents for the year ended June 2010, up from 123.7 cents in 2009. 26 Aug 2010
Retail giant Shoprite Holdings is charging full-steam ahead with an aggressive expansion plan aimed at growing turnover and increasing trading profit. 25 Aug 2010
Top Music, a CD, DVD and games store, has closed its retail presence, after 15 years of trading, to start trading on the Marketplace, kalahari.net's new trading platform, and according to its co-owners, Ana and Leon Harmse, business is booming. 25 Aug 2010
Woolworths was one of the first retailers to cut prices across their food and clothing divisions during the recession, implementing clever cost cuts like meal deals for R100 and price reductions across their basic clothing lines. 24 Aug 2010
LONDON, UK: The rapid growth of Poundland, which yesterday reported an 81% increase in profits, has gone hand in hand with the recession. However, the chain's success is more than just about saving money in difficult times; it's part of an underlying shift in consumer attitudes, says Verdict Research. 23 Aug 2010
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