Woolworths Holdings' (WHL) group sales for the 52 weeks to 24 June 2012 increased by 11.8% over the comparable period in 2011. Sales in comparable stores grew by 7.1%‚ the group said on Tuesday, 17 July 2012. 17 Jul 2012
SA's largest supermarket chain, Shoprite Holdings, delivered what analysts called a disappointing trading update yesterday, 16 July, that could indicate that Pick n Pay may have finally arrested declines. 17 Jul 2012
South African retailer‚ Shoprite Holdings on Monday, 16 July, said for the 12 months to June 2012 the group increased total turnover by 14.4% to about R82.7 billion‚ compared to the corresponding 12 months of 2011. Growth on a like-for-like basis was 8.5%. 17 Jul 2012
If proof is needed that a well-executed, innovative idea can still succeed in the harsh world of food retail, Fruit & Veg City provides it in abundance. From a humble start 19 years ago in one store in Kenilworth, Cape Town, the retailer has grown into a company its MD and cofounder, Brian Coppin, says will achieve turnover of R5bn this year. 13 Jul 2012
Topshop, a British multinational retailer specialising in fashion clothing, shoes, make-up and accessories, and Topman, its spin-off brand to cater for men, will open a pop-up shop in Unknown Union, a boutique retailer in Cape Town on 12 July 2012. 10 Jul 2012
Norwood Mall has seen current retailers revamp and the centre get ready for the new 1800sqm Food Lover's Market, which opens in August 2012. 6 Jul 2012
The government needs to do more to protect South Africans from the lure of junk food by making healthier food cheaper and more readily available, say researchers from the University of the Western Cape. 5 Jul 2012
Consumer goods distributor Massmart Holdings on Wednesday, 4 July 2012, said total sales for the 52 weeks to 24 June increased to R61.2 billion‚ representing growth of 15.5% over the prior 52-week period‚ with annual product inflation estimated at 1.8%. Comparable store sales increased by 9.6%. 4 Jul 2012
Consumers seeking to save some money in tough economic times are fuelling the current growth in private label brands, forcing retailers to rethink how they promote their in-house and own-name brands. The conundrum is: do they increase the number of products they offer or only the perceived quality and value of the existing product line-up? 4 Jul 2012
SYDNEY, AUSTRALIA: Australia's corporate watchdog launched an investigation Tuesday, 3 July 2012, into a failed bid for upmarket retailer David Jones from a mystery British company that reportedly operates out of a post office box. 3 Jul 2012
JSE-listed Woolworths on Friday failed to shed any further light on a possible transaction between Gresham Private Equity and its Australian subsidiary, Country Road. 29 Jun 2012
The celebrity-favoured British footwear company, Butterfly Twists, will open a pop-up store in Morningside Shopping Centre on Sunday 1 July 2012. Launched in London in 2009, by four close friends, the shoes have quickly redefined style, comfort and fashion. 29 Jun 2012
According to the Direct Selling Association of South Africa (DSA), the direct selling industry currently provides an income to over 1.3 million representatives who shared some R3.3 billion in earnings from selling R7.8 billion worth of products in 2011. The industry continues to grow, managing a 9.9% growth between 2010 and 2011. 29 Jun 2012
Warisan, suppliers of uniquely designed pieces to luxury properties in the hospitality industry has launched its premises in Green Point, Cape Town. Headed by marketing director, Matthew Bater, the small studio showcases a selection of furniture across the company's ranges, including contemporary, classic, primitive, oriental and outdoor. 26 Jun 2012
Retailer Pick n Pay opened its first supermarket in Kamfinsa‚ Zimbabwe‚ on Thursday, 21 June 2012. 22 Jun 2012
LONDON, UK: Britain's biggest retailer Tesco announced on Monday, 18 June 2012, that it had finally struck a deal to exit its Japanese business. 18 Jun 2012
Retailers are bracing themselves for a lacklustre second half of the year as consumers continue to feel pressure. 18 Jun 2012
Pick n Pay (PIK) is operating in a time of tightened consumer spending‚ increased competition in the retail sector‚ and increased food inflation and utility costs‚ its chairman Gareth Ackerman said on Friday, 15 June 2012. 18 Jun 2012
Clicks Group (CLS) on Wednesday, 13 June 2012, advised that Michael Harvey‚ an executive director of the group and managing director of Clicks‚ has resigned with immediate effect. 13 Jun 2012
Despite growing concerns over Zimbabwe's continuing 51% indigenisation programme that has ruffled the feathers of foreign investors, South African retail giant Pick n Pay is expanding in Zimbabwe, with plans to open a new supermarket in Harare at the end of the month. 12 Jun 2012
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