ARTICLES RELATING TO RETAIL

How restaurants get you to spend more

2015-02-27 13:55

The tactics restaurants use to nudge you into spending a little extra may be subtler than you realise.

Clamp down on illicit cigarette trade - BAT

2015-02-26 13:01

SA has a huge illegal cigarette trade and National Treasury should increase its focus on cigarette manufacturers and importers who evade taxes, says BAT.

Morrisons names former Tesco man as new boss

2015-02-25 13:00

One of the UK’s top supermarkets, Morrisons, has named former Tesco executive David Potts as its new chief executive, completing a triumvirate of Tesco men at the top.

Zim bourse lifts Pick n Pay partner's suspension

2015-02-23 14:26

The suspension of Meikles Africa from the Zimbabwe Stock Exchange over alleged erroneous financial statements has been lifted, says the bourse’s CEO.

Edcon core profit inches higher, debt concerns loom

2015-02-20 15:36

Edcon, which houses Edgars, Jet, Boardmans and CNA, says consumer spend remains subdued amid a tough credit environment and continuous power outages.

Truworths profit barely grows, outlook tough

2015-02-19 15:00

Clothing retailer Truworths has reported virtually no growth in half-year profit, as debt-laden consumers already battling high unemployment spent warily.

Retail trade sales up - StatsSA

2015-02-18 21:46

Retail trade sales increased by 3.4% year-on-year in December, Statistics SA says.

Fifty Shades helps Ster-Kinekor sales record

2015-02-15 12:41

Ster-Kinekor has recorded its biggest box office for a single day in the company’s history on Valentine's Day.

Cosatu calls for bread price regulation

2015-02-13 09:57

Cosatu says continued bread price hikes as fuel prices decline are unacceptable, and the federation could embark on protest action in the Western Cape.

Woolworths profit jumps on Aus acquisition

2015-02-12 08:47

High-end retailer Woolworths has posted a 29% rise in half-year profit, boosted by the acquisition of Australian department store chain David Jones.

 

Walmart joins growing US march on wage hikes

2015-02-27 13:45

Walmart, the largest retailer in the United States, is increasing wages, and economists are hoping to see a chain reaction.

Massmart full-year sales jump

2015-02-26 10:03

Retailer Massmart Holdings has reported a 10.4% rise in full-year sales as its consumer goods, liquor and home improvement business posted better performance.

Price war, low petrol price fuel Shoprite profits

2015-02-24 11:25

Shoprite has posted slightly faster first-half profit growth, as debt-laden consumers take advantage of lower fuel prices and a price war between supermarket chains.

Pick n Pay Zim partner puts new investment on hold

2015-02-23 11:57

Hotel group Meikles Africa has put on hold new investment and the listing of a subsidiary after its shares were suspended from trading on the Zimbabwe Stock Exchange.

RCL Foods sees no benefit of low oil prices

2015-02-19 18:30

RCL Foods says frequent power cuts, a weakening currency and rising labour expenses will negate any benefits of lower oil prices on food-production costs.

Sasha Naryshkine on results: Dawn, Italtile, Woolworths

2015-02-19 07:39

Sasha Naryshkine joined Alec Hogg to unpack a bevy of results, Dawn, Italtile and Woolworths featured on the earnings radar.

Tesco names ex-Excel CEO as chairperson

2015-02-18 10:45

Tesco has named its new chairperson, succeeding Richard Broadbent who will step down following the supermarket's £263m profit overstatement.

StreetSmart diners raise money for children

2015-02-13 18:18

Nationally, StreetSmart South Africa has donated the grand sum of R1.04 million for 2015 to various charities working towards the upliftment of street children.

$564m Powerball jackpot split three ways

2015-02-12 12:30

Three lucky ticketholders in North Carolina, Texas and Puerto Rico have won the estimated $564.1m US Powerball lottery jackpot.

Prada needs to focus more on new handbags

2015-02-11 19:30

If in fashion, being late on a trend can be lethal, playing catch-up in terms of business strategy can be just as damaging, Prada is learning the hard way.

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