Verimark on Monday (27 May) reported a sharp decline in full-year profit as the rand's continued depreciation affected sales and margins. 28 May 2013
Retailer Mr Price on Wednesday (22 May) reported a 26% rise in diluted headline earnings per share to 584.8c - up from 464.5c in the previous year - for the 52 weeks ending in March. 23 May 2013
The total income generated by the food and beverages sector in SA increased in nominal terms (current prices) by 9.4% year-on-year (y/y) in March‚ Statistics SA (Stats SA) data showed on Monday (20 May). 21 May 2013
CAIRO, EGYPT: Egypt's liquor stores are under growing pressure to stop selling alcohol, they say, but the pressure is not from the country's Islamist government, but from society itself. 20 May 2013
Holdsport‚ which owns the Sportsmans Warehouse and Outdoor Warehouse on Wednesday (15 May) said the current retail environment is challenging and the group does not envisage any improvement in its performance during the remainder of the year. 16 May 2013
The expected slowdown in retail sales in March was confirmed when Statistics SA (Stats SA) released its official figures on Wednesday (15 May). 16 May 2013
Holdsport (HSP) has reported a rise in headline earnings per share to 389.9 cents for the year ended February 2013 from 355.8c a year ago. Its core HEPS were up 7.3% to 415.7c. 15 May 2013
As online retailing increase, South African retailers can choose to adopt omni-channel offerings in an early market, capitalising on international experience or adopt a 'wait and see' attitude. 14 May 2013
Only by becoming an organ donor can customers shop at The Exchange, a fashion boutique opened by Native at Cavendish Square in Cape Town on Friday 10 May 2013. Described as the world's first cashless fashion boutique, it is stocked with clothing and accessories from more than 25 of South Africa's top designers. 13 May 2013
As part of the extensive retail expansion currently underway at the V&A Waterfront, Topshop/Topman and Tommy Hilfiger will open this month. Both are a first for the Western Cape. 7 May 2013
A year ago Pick n Pay chairman Gareth Ackerman spoke of the "green shoots [of recovery] getting stronger". His enthusiasm was more than a little premature. 6 May 2013
The opening of the new Pick n Pay store on the corner of Tranquil and Joyhurst Streets in Chatsworth marks the 1000th store opening for the group and finalisation of a 30-year old dream of founder Raymond Ackerman. 29 Apr 2013
Despite constrained consumer spending and relatively low selling price inflation‚ Clicks has strengthened its competitive position and gained market share in all of its core health and beauty markets‚ chief executive David Kneale said on Thursday (25 April). 26 Apr 2013
Keith Warburton has been appointed to the newly-created position of chief operating officer of the Clicks chain with effect from 6 May 2013‚ the company announced today, 25 April 2013. 25 Apr 2013
Pick n Pay has reported a 21.7% drop in diluted headline earnings per share to 109.61c despite a 7.1% rise in turnover to R59.3bn. Dividends fell by 35.8% to just 84 cents a share. 24 Apr 2013
Gustave Moller (L) and Gerhard Ackermann (R)
Gerhard Ackermann, previously the merchandise director at the Shoprite Group, and Gustave Moller, responsible for the creation and expansion of Shoprite's U-Save format both locally and in Africa, have joined Pick n Pay in senior positions. The group has also announced a number of changes to existing reporting structures within the company. 22 Apr 2013
Real retail sales surprised to the upside with an acceleration to a 3.8% year on year (y/y) increase in February from a revised 2.2% y/y (previously 1.9%) gain in January. 19 Apr 2013
Real retail sales accelerated by 3.8 % year-on-year (y/y) in February from a revised 2.2% y/y gain in January according to figures released by Statistics SA (Stats SA) on Wednesday, 17 April 2013. 18 Apr 2013
The Congress of SA Trade Unions (Cosatu) says it is "disturbing' that popular retail stores were stocking products with undeclared meat content. 17 Apr 2013
Pick n Pay Holdings expects its diluted headline earnings per share from continuing operations in the 52-week period ended 3 March 2013 to decline by between 25% and 35%‚ from the comparative period ended 29 February last year. 12 Apr 2013
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