In the three months since the launch of @home and hi-online stores, 67% of sales were from account holders purchasing with their Foschini Group (TFG) account cards. TFG has democratised online shopping by allowing their three million account holders to purchase online using their store cards and the move is paying off handsomely. 5 Mar 2015
The Competition Commission on Wednesday, 4 March 2015, said it had recommended that the Competition Tribunal approve Steinhoff's R62.8bn takeover of clothing retailer Pepkor‚ without conditions. 5 Mar 2015
Grocery retailers and food producers say lost trading hours‚ wasted food and costly generators are among the biggest concerns emanating from the rolling power blackouts afflicting SA. 4 Mar 2015
Walmart-owned Massmart Holdings (MSM) has suffered a 10.2% drop in headline earnings per share (HEPS) to 509.7c in the year to December‚ missing market estimates. 26 Feb 2015
Shoprite (SHP) has reported an 8.6% rise in diluted headline earnings per share to 370.2c in the six months to December from a year-earlier period. 24 Feb 2015
JD Group's (JDG) headline earnings per share (HEPS) from continuing operations for the six months ended December 2014 will be between 67.7c and 72.2c per share from 45.1c in the year-earlier period‚ the company said on Tuesday, 24 February 2015. 24 Feb 2015
Truworths International's (TRU) headline earnings per share (HEPS) were 334.5c for the 26 weeks ended December 2014‚ a decrease of 0.4% from 335.8c in the year-earlier period‚ the clothing company said on Thursday, 19 February 2015. 20 Feb 2015
Retail trade sales grew much better than expected in December 2014 compared with a year ago (y/y)‚ Statistics SA data showed on Wednesday, 18 February 2015. 19 Feb 2015
For the last five years, 2nd Take has established itself as excellent shopping alternative for second-hand designer wear with boutique stores in Sea Point and Philippi and an online store. The opening of its new branch in Rondebosch in Cape Town comes from the high demand for branded clothing in this area. 19 Feb 2015
Spar (SPP) group sales increased by 38.3% for the 17-week trading period to end 24 January 2015 from the year-earlier period. 13 Feb 2015
High-end retailer Woolworths (WHL) saw its interim group sales soar by more than 55% to R30.3bn as sales figures from its recent Australian acquisition David Jones were included for the first time. 12 Feb 2015
Unlike African Bank's recovery process which missed initial deadlines, the business rescue process at its furniture retailer Ellerines is progressing better than was expected, with a possible payout to creditors in the next two to three months. 10 Feb 2015
With the search for yield set to continue, SA's favoured retail shares are likely to remain fashionable for foreign investors. 4 Feb 2015
LONDON, UK: Troubled British supermarket giant Tesco said on Wednesday that it could axe as many as 2,000 jobs under plans to shut 43 stores in a company-wide overhaul... 2 Feb 2015
The rising middle class is so last season. SA's dwindling economy and glacial employment prospects has seen the consumption boom taper off, with fashion retailers such as The Foschini Group (TFG) and Woolworths casting their nets offshore. 28 Jan 2015
Retailer Clicks on Wednesday, 28 January 2015, said it had increased group sales by 13.9% to R8.2bn in the 20 weeks to 18 January. 28 Jan 2015
In the 2015 Nielsen Norman Intranet Design Annual, the Intranet solution developed by The Foschini Group, in partnership with Intervate, an information management specialist and part of the T-Systems Group, has been confirmed as one of the world's top 10 intranets. It was recognised for its intuitive design and user experience and its innovative use of new technology. 28 Jan 2015
Cashbuild (CSB) increased revenue 13% in the second quarter ended December 2014 from the second quarter in the year-earlier period‚ the retailer of building materials said in an quarterly operational update on Wednesday, 21 January 2015. 22 Jan 2015
Christmas trading for SA's retailers proved fair to middling, with more of the same expected as the year goes on. 20 Jan 2015
The Foschini Group (TFG) said Christmas trading was above expectations with group sales growth of 12.5% for December 2014‚ the clothing retailer said in a sales update on Thursday, 15 January 2014. 19 Jan 2015
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