After a month of construction, the Roeland Street store of Digicape opened this week to offer its Apple customers a new retail environment with deals, mystery prizes, discounts and more on offer. 15 Mar 2013
Retail trade sales measured in constant (2012) prices increased 1.9% year-on-year (y/y) in January from a downwardly revised 2.2% (2.3%) y/y increase in December‚ figures from Statistics SA showed on Wednesday (13 March). 14 Mar 2013
Truworths International (TRU) has repurchased a further 13 524 763 of its own shares by way of open market transactions on the JSE since October 2008‚ it said today, 12 March 2013. 12 Mar 2013
Mind of a supermarket, soul of a deli. That is how Zyda Rylands, the MD of food at Woolworths, encapsulates the retailer's vision for its supermarkets. 11 Mar 2013
In its first stand-alone convenience store, opened last week in Lotus River, Western Cape, the Pick n Pay group has noted that trading has exceeded expectations. 28 Feb 2013
Edcon‚ the unlisted owner of clothing chains including Edgars and Jet‚ reported on Thursday, 21 February 2013, that for the third quarter of the 2013 financial year‚ ended 29 December 2012‚ total retail sales declined 0.4% to R8.36bn. 22 Feb 2013
Fashion retail group Truworths International on Wednesday (20 February) reported a 19% increase in diluted headline earnings per share to 324.8 cents for the six months to December. 21 Feb 2013
Shoprite Holdings (SHP) shares fell as much as 4% to a 14-day intraday low on Tuesday‚ 19 February 2013, triggered by disappointing half-year results‚ which in turn began a renewed selloff in the sector. Retail stocks have been volatile since last month on market concerns of slowing sales growth. 19 Feb 2013
Shoprite Holdings (SHP) has reported a 12.5% rise in headline earnings per share to 315.9 cents for the six months ended December 2012 from 280.8 cents a year ago. 19 Feb 2013
Retailer Pick n Pay (PIK) is to open a new generation store at the V&A Waterfront in Cape Town‚ it said on Tuesday, 19 February 2013. 19 Feb 2013
Woolworths (WHL) will entice new customers into its stores by introducing larger varieties of product categories and bulk value buys‚ meaning the battle for the trolley between the upmarket retailer and rival Pick n Pay (PIK) is about to get fiercer. 15 Feb 2013
Growth in retail trade sales slowed on a year-on-year basis in December last year‚ confirming the slowdown in household consumption expenditure according to economists. 14 Feb 2013
Spar Group said on Tuesday it experienced a challenging trading period for the 17 weeks ended 26 January 2013‚ with turnover at R15.8bn‚ growing 10.7% on a comparative basis against the prior year. 13 Feb 2013
Surprising on the upside‚ Holdsport‚ which runs the Sportsmans Warehouse and Outdoor Warehouse stores‚ on Monday said total sales increased by 11.2% for the five months ended January. The company's share price increased 3.53% to close at R44. 12 Feb 2013
Food retailer Spar (SPP) said on Tuesday, 12 February, that turnover grew by 10.7% to R15.8 billion in the 17 weeks ended 26 January 2013 compared with the same period a year ago. 12 Feb 2013
Edcon‚ the unlisted owner of clothing chains Edgars and Jet‚ said on Tuesday that it would issue euro- and dollar-bonds and buy back existing notes to repay debt maturing in 2014. 7 Feb 2013
Moody's Investors Service has assigned a provisional (P)B3 senior secured rating to the proposed issuance of senior secured notes due in 2018 by Edcon Holdings' main operating subsidiary‚ Edcon. 6 Feb 2013
Edcon‚ SA's largest non-food retailer‚ on Tuesday, 5 February 2013, offered duel currency notes of €325m at a 9.5% euro-denominated rate and a US dollar-denominated 9.5% rate. Each of the notes are due 2018. 6 Feb 2013
Retailer Edcon expects retail sales for the 13 weeks ended December to be between R8.300 billion and R8.375 billion‚ compared with R8.386 billion in the same period a year ago. The forecast retail sales represent a slight decrease primarily due to the trading performance from the discount division as well as the effect of new initiatives in the Edgars division. 5 Feb 2013
Retail stocks came under renewed heavy selling pressure on Wednesday‚ 30 January 2013, with some analysts pointing to Cashbuild's trading update as the main trigger behind the sell-off. 1 Feb 2013
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