In the highly competitive furniture sector where consumers' disposable income is under renewed pressure from higher transport and utility costs, Lewis Group (LEW) is in a position to fight for all available sales this festive season, it said on Monday, 14 November. 15 Nov 2011
Building on its long success in KwaZulu-Natal and Gauteng, a Hirsch's Homestore will open in Milnerton, Cape Town on 1 April 2012. Described as the largest independently owned appliance company in South Africa, it will service the developing area of Table Bay. 15 Nov 2011
Furniture retailer Lewis Group on Monday, 14 November, reported diluted headline earnings per share of 374.9 cents for the six months ended September 2011 from 329.9 cents previously. Headline earnings per share were up 13.9% to 378.7 cents. 14 Nov 2011
The Spar Group on Wednesday, 9 November, joined the chorus of retailers highlighting challenging times ahead as new competitors enter an already cutthroat retail space. 10 Nov 2011
Engen 1-Plus has converted a dormant site in Wellington Road, Durbanville in the Western Cape into a convenience centre offering a QuickShop, car wash, corner bakery, fast food pizza offering, Equatorial Coffee and an ATM. 10 Nov 2011
South African grocery chain Spar Group on Wednesday, 9 November, reported a 3.3% rise in diluted headline earnings per share to 522.8 cents for the year ended September 2011 from 506.3 cents a year ago. 9 Nov 2011
Are smaller retail counters - known as alternative retailers - worth bagging for longer-term yields? 4 Nov 2011
Jo'burg fashionistas no longer need to trawl Europe's high streets to satisfy their appetite for retail therapy. A number of international brands - most notably iconic Spanish fashion house Zara - are making their eagerly awaited debut at Sandton City later this month. 4 Nov 2011
Clocking in a 25.6% rise in half-year profit, retail bigwig The Foschini Group (TFG) on Thursday, 3 November 2011, said it would embark on an aggressive expansion into the rest of Africa, adding 57 new stores over the next three years in countries like Nigeria and Mozambique. 4 Nov 2011
Deputy President Kgalema Motlanthe says that government is happy that giant US retailer Wal-Mart has chosen SA as an investment destination and that it had made a very comprehensive investment. 3 Nov 2011
The Foschini Group expects its basic and headline earnings per share (HEPS) for the six month period ended September 2011 to be between 23% and 26% higher than those reported for the corresponding prior period. 2 Nov 2011
Since I arrived in Gaborone in June 2011, the retail environment has just been getting better. One of the initial reasons that I rented our house in this area, (Broadhurst Ext 44) was the large sign, less than a kilometre away, that read "Sebele Centre opening end June - Pick n Pay, Woolworths and many more shops". 2 Nov 2011
In line with its aggressive African expansion plans, retailer Pick n Pay (PIK) on Friday, 28 October 2011, announced the opening of its second Mauritian store at Cascavelle in Mauritius. 1 Nov 2011
With the festive season around the corner, Africa's largest retailer, Shoprite is optimistic that consumers will continue to spend despite high levels of personal debt and escalating living expenses. 1 Nov 2011
Retailer Shoprite Holdings on Monday, 31 October 2011, reported that for the first quarter ended September, total turnover increased by 10.8% - with total internal inflation at 3.8%, this represents real growth of 7.0%. 1 Nov 2011
How much worse can it get? It's a question long-suffering Pick n Pay shareholders have good reason to ask after a 39% slump in headline earnings per share (HEPS) in the six months to August. The latest shock follows a 23% fall in the retailer's HEPS in its year to February and came with a further cut in dividend payments, which have now fallen by a quarter over the past 18 months. 28 Oct 2011
Retail group Clicks (CLS) on Thursday, 20 October 2011, reported a 18.1% rise in diluted headline earnings per share (HEPS) to 249.7 cents for the year ended August 2011. Diluted earnings per share were up 19.4% to 248.0 cents. 20 Oct 2011
Retailer Pick n Pay on Wednesday, 19 October 2011, reported diluted headline earnings per share of 40.59 cents for the six months ended August 2011 from 73.74 cents a year ago. 19 Oct 2011
General goods dealer and now food retailer Massmart increased sales by 14.7% in the first 14 weeks to 2 October, reflecting a "return to stability", the company said Monday, while analysts warned that rising costs may stymie sales growth in the coming months. 19 Oct 2011
Retailer Massmart on Monday said total sales for the first 14 weeks to 2 October 2011 increased by 14.7%, with product inflation averaging -0.7%. 18 Oct 2011
