Retail Sales
latest news & developmentsOmbudsman pays back R12.1 million to consumers
Shoppers have had a rough time navigating online purchasing, which is rife with ‘deceptive practices’
Retail sales continue downward trend in July
Retail trade sales decreased for the eighth consecutive month showing that consumers are still cash-strapped
Year-on-year growth in retail sales slows down in August compared with July
On a month-on-month basis retail trade sales decreased for the fourth consecutive month showing that consumers are still cash-strapped
Saving Edcon is about saving jobs, says CEO
But the retailer’s recapitalisation plan rests on securing a new investor, and its landlords and lenders being on board.
Skint citizens shun market darlings
Unemployment, state debt and public sector burden and structural rigidities will affect growth
October retail sales accelerate to 2.2%
The highest annual growth was recorded for retailers in household furniture, appliances and equipment, which was up 10.1%
Retail sales grow as household consumption recovers
Growth was seen across all retail categories with the largest seen in household furniture, appliances and equipment
Tough times drive Black Friday
Bricks-and-mortar and online retailers are sitting pretty, but did consumers really win?
Economic week ahead: SA shows rise in retail sales
South African retail figures show an increase, business optimism in the US may spike, and Europe’s Sentix gauge could slip further this week.
Economic week ahead: Signs of slowing growth
An index measuring economic activity in SA shows the biggest decline in several years – but one bright spot is an expected increase in retail sales.
The magnificent march of SA’s malls
The emerging middle class and urbanisation are driving the growth of new retail shopping centres in the country.
Growth risks mount even as SA dodges a recession
GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.
Massive increase in SA smartphone purchases
The numbers from South Africa’s largest mobile phone retailer show a massive shift is happening in the smartphone market.
Chasing the e-tail a costly investment
Online shopping is increasing rapidly in South Africa, but financiers need deep pockets.
Opinion: The parasites of finance never seem to go away
American equities analyst and author Barry Ritholtz writes about money-wasting financial models that have managed to survive the decades.