Real retail sales in SA dropped by 0.3% month-on-month (m/m) in November 2011 as consumers cut back on their earlier exuberant buying. In September real retail sales had surged by 1.5% m/m and jumped by 0.7% m/m in October. 19 Jan 2012
Clothing, footwear and textiles retailer Edcon on Tuesday, 17 January, announced the appointment of Mark Richard Bower as deputy chief executive and chief financial officer following the resignation of Stephen Robert Binnie. 19 Jan 2012
Shares in health and beauty retail and supply chain Clicks Group (CLS) were down almost 3% on the back of a less-than-stellar sales update. 18 Jan 2012
After posting an 11.4% increase in 26-week sales, shares in upmarket retailer Woolworths Holdings (WHL) advanced over 3% to R42.95, hitting an all-time high on Tuesday, 17 January. 18 Jan 2012
International retail professional Helmut Hoerz is joining Pick n Pay for a two-year assignment as head of merchandising, the retail giant announced today, 17 January. Hoerz will also sit on the Group Exco and report to CEO Nick Badminton. 17 Jan 2012
WASHINGTON, USA: US retail sales growth will slow to 3.4% this year, but still outpace the country's GDP growth, the National Retail Federation said on Monday, 16 January. 17 Jan 2012
Shoprite Holdings said on Monday, 16 January, that for the six months ended December 2011 it grew turnover by 13.2% to some R41.1 billion. 17 Jan 2012
Ending speculation, lingerie chain La Senza SA has confirmed that none of its local stores will face closure. 16 Jan 2012
Mr Price Group (MPC) has recorded sales growth of 15.9% for the third quarter (Q3 FY2012) over the comparable period in the prior year. 12 Jan 2012
Retail group Massmart Holdings (MSM) reported on Wednesday, 11 January, that the group's total sales for the 26 weeks to December 2011 had increased to R31.6 billion, representing growth of 15.2% over the prior 26-week period, with year-to-date inflation estimated at 1.1%. 12 Jan 2012
Wal-Mart's entry into SA will be good for consumer prices, research has revealed. 10 Jan 2012
According to the National Stokvel Association of South Africa (NASASA), four main categories of stokvels can be identified - basic revolving savings schemes, loan schemes, home loan schemes and shared buying schemes. The main economic spenders around the end of the year are the shared buying scheme members, who use wholesalers and other retailers to purchase in bulk. 10 Jan 2012
LONDON, UK: In a traditionally strong period for the upmarket grocer, Waitrose has delivered a solid performance for Christmas 2011. New stores and an improved website provided strong total growth at 9.5%. LFL (like for like) sales grew by 3.8% buoyed by strong marketing messages and an innovative festive product offer. 10 Jan 2012
LONDON, UK: British clothing retailer Next said on Wednesday that its pre-Christmas performance was "disappointing" as a drop in sales at its many stores in Britain and Ireland overshadowed a jump in online business. 6 Jan 2012
The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011. 6 Jan 2012
Despite an on-going drop in the number of shoppers frequenting shopping centres, the per capita spending pattern continues to bolster and support the trading performance of centres in general, according to a report released by the South African Property Owners Association (SAPOA) and Investment Property Databank (IPD). 30 Dec 2011
ROME, ITALY: Italian clothes maker Benetton signed a deal on Wednesday to restore a historic palace in Venice and turn it into a shopping centre as the watery city taps the private sector to help fund costly projects. 29 Dec 2011
Despite the Eurozone and the US economies reeling from crisis to crisis during 2011, and high levels of unemployment in SA, there has been evidence of an upturn in local retailing, according to SureSwipe, an independent credit and debit card swipe machine distributor. 23 Dec 2011
The latest cash withdrawal statistics released by Spark ATM Systems, one of SA's premier independent ATM deployers, on Tuesday revealed that festive season spending for December was fast gathering momentum and could reach its peak this coming week as more consumers head to the tills as the Christmas shopping deadline nears. 23 Dec 2011
LONDON, UK: There is no quick fix to solving the problem of declining high streets in the UK - their diversity and multiplicity makes it impossible to provide a solution to fit all cases as the review highlights. 22 Dec 2011
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