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Retail Sales

Ombudsman pays back R12.1 million to consumers
Business
/ 11 August 2024

Ombudsman pays back R12.1 million to consumers

Shoppers have had a rough time navigating online purchasing, which is rife with ‘deceptive practices’

By Lyse Comins
Retail sales continue downward trend in July
Business
/ 20 September 2023

Retail sales continue downward trend in July

Retail trade sales decreased for the eighth consecutive month showing that consumers are still cash-strapped

By Anathi Madubela
Year-on-year growth in retail sales slows down in August compared with July
Business
/ 19 October 2022

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

By Anathi Madubela
Saving Edcon is about saving jobs, says CEO
Article
/ 1 February 2019

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.

By Lynley Donnelly
Skint citizens shun market darlings
Article
/ 25 January 2019

Skint citizens shun market darlings

Unemployment, state debt and public sector burden and structural rigidities will affect growth

By Tshegofatso Mathe
October retail sales accelerate to 2.2%
Article
/ 12 December 2018

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%

By Lameez Omarjee
Retail sales grow as household consumption recovers
Article
/ 22 March 2018

Retail sales grow as household consumption recovers

Growth was seen across all retail categories with the largest seen in household furniture, appliances and equipment

By Thulebona Mhlanga
Tough times drive Black Friday
Article
/ 2 December 2016

Tough times drive Black Friday

Bricks-and-mortar and online retailers are sitting pretty, but did consumers really win?

By Staff Reporter
Economic week ahead: SA shows rise in retail sales
Article
/ 10 November 2014

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.

By Matt Quigley
Economic week ahead: Signs of slowing growth
Article
/ 13 October 2014

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.

By Matt Quigley
The magnificent march of SA’s malls
Article
/ 2 October 2014

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.

By Staff Reporter
Growth risks mount even as SA dodges a recession
Article
/ 25 August 2014

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.

By Rene Vollgraaff
Massive increase in SA smartphone purchases
Article
/ 29 July 2014

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.

By Staff Reporter
Chasing the e-tail a costly investment
Article
/ 26 June 2014

Chasing the e-tail a costly investment

Online shopping is increasing rapidly in South Africa, but financiers need deep pockets.

By Thalia Holmes
Opinion: The parasites of finance never seem to go away
Article
/ 13 May 2014

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.

By Staff Reporter
Economic week ahead: SA’s latest retail sales figures
Article
/ 12 May 2014

Economic week ahead: SA’s latest retail sales figures

South Africa’s business confidence index readings and Stats SA’s March retail sales figures are due out later this week.

By Matt Quigley
November retail trade sales beat expectations
Article
/ 15 January 2014

November retail trade sales beat expectations

November retail trade was up by more than 4% from last year, Statistics South Africa has said.

By I Net Bridge
Retailers take heed as gift cards become popular again
Article
/ 3 January 2014

Retailers take heed as gift cards become popular again

Retailers have been getting creative with their gift card offerings as they realise their increasing value among shoppers.

By Staff Reporter
Mr Price’s profit up on cash sales
Article
/ 12 November 2013

Mr Price’s profit up on cash sales

Mr Price says it has chosen not to focus on chasing credit sales and has benefitted from a cash sale growth of 15.1%

By Staff Reporter
SA retail stocks advance for second month
Article
/ 28 October 2013

SA retail stocks advance for second month

South African retail stocks have risen for a second month, on speculation that the US Federal Reserve will maintain stimulus.

By Jaco Visser
Rand weakens on US debt stalemate
Article
/ 14 October 2013

Rand weakens on US debt stalemate

The US debt limit argument has seen the rand soften for the first time in five days.

By Staff Reporter
Shoprite’s growth slows on weaker consumer spending
Article
/ 20 August 2013

Shoprite’s growth slows on weaker consumer spending

Shoprite has reported profit that matched estimates as growing pressure on consumers’ disposable income held back sales in its domestic market.

By Staff Reporter
Carrefour SA teams up with CFAO to expand into Africa
Article
/ 12 August 2013

Carrefour SA teams up with CFAO to expand into Africa

Hoping to maximise on demand for retail shopping and shore up losses felt in other countries at the same time, Carrefour SA is moving into Africa.

By Andrew Roberts
Retail resources in race for returns
Article
/ 10 August 2012

Retail resources in race for returns

Fund managers are divided over South African retail shares, which have outperformed resources by 20%.

By Maya Fisher French
No image available
Article
/ 7 December 2011

Retail sales growth slower than expected

Growth in South Africa’s retail sales has slowed more than expected in October, suggesting interest rates will stay low for longer.

By Staff Reporter
No image available
Article
/ 17 August 2011

June retail trade sales up 2.2%

retail trade sales at constant prices for June recorded a 2.2% growth year-on-year after a revised 0.2% growth in May, Stats SA figures have shown.

By Staff Reporter
No image available
Article
/ 28 July 2011

First rise in Japan retail sales posted since quake

Japan’s retail sales rose in June, marking the first gain since a devastating March quake and tsunami in another signal of recovery in the country.

By Staff Reporter
No image available
Article
/ 15 June 2011

Retail sales up 9.8% in April

Retail trade sales at constant prices for April rose a stronger than expected 9.8% year on year after a revised 5.3% growth

By Staff Reporter
No image available
Article
/ 25 May 2011

Brolls says consumer spend up, but rental yields flat

Commercial property services group Broll has released its latest retail barometer for shopping centres larger than 20 000 square metres.

By Staff Reporter
No image available
Article
/ 20 April 2011

Reserve Bank has tough call on high CPI

The Reserve Bank will have to time interest rate tightening carefully as inflation was high in March and retail sales growth slowed in February.

By Staff Reporter
No image available
Article
/ 22 March 2011

Become a smart shopper at Pick n Pay

Loyalty programmes keep shoppers coming back for more — and Pick n Pay is trading on this principle.

By Fiona Zerbst
No image available
Article
/ 17 March 2011

Retail business conditions at three-year high

Business conditions in the retail sector in the first quarter of 2011 improved for the first time since 2007, a survey showed on Thursday.

By Staff Reporter
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