Truworths

 
High court ruling could unleash flood of new credit applications
High court ruling could unleash flood of new credit applications
The removal of a key lending criterium by a court last month is likely to open a flood of credit applications as consumers come under pressure from...
Credit ruling gets mixed reaction
Credit ruling gets mixed reaction
The Western Cape High Court has recently scrapped a subsection of the National Credit Regulations that required lenders to demand payslips, bank...
Massmart shares up as it anticipates an earnings gain
Massmart shares up as it anticipates an earnings gain
Massmart Holdings shares climbed after the South African food and goods wholesaler owned by Wal-Mart Stores said earnings gained as much as 37%...
Mr Price leads clothing retailers lower as sales lag inflation
Mr Price leads clothing retailers lower as sales lag inflation
Mr Price Group, a South African clothing and household goods retailer, led declines among clothing retailers after reporting quarterly same-store...
Woolworths to close Nigeria stores
Woolworths to close Nigeria stores
South African food-and-clothing retailer Woolworths Holdings plans to close its three stores in Nigeria because of high rental costs, duties and...
Edcon losses rise as store remodeling disrupts sales
Edcon losses rise as store remodeling disrupts sales
Edcon, the South African clothing retailer owned by Bain Capital Partners, posted higher first-quarter losses as store...
Truworths sees higher full-year profit, sales up
Truworths sees higher full-year profit, sales up
South Africa's biggest listed apparel retailer, Truworths, expects to report a 10% to 13% rise in full-year headline earnings per share, helped by...
Foschini sales up 8,7%
Foschini sales up 8,7%
South African clothing retailer Foschini Ltd posted an 8,7% rise in third-quarter revenue on Friday, in line with expectations, thanks to new...
Truworths says group retail sales up 14%
Truworths says group retail sales up 14%
South African clothing retailer Truworths International reported a 14% increase in retail sales for the first 18 weeks of the 2009 financial year...
JSE stays weak, banks slump
JSE stays weak, banks slump
South African stocks remained modestly weaker at noon on Thursday, with banks weighing heavily on a deteriorating inflation outlook after worse-than-expected producer price inflation (PPI) data and the South African Reserve Bank governor's comments that the bank was considering a...
Truworths half-year sales rise 20%
Truworths half-year sales rise 20%
Clothing retailer Truworths posted on Thursday a 20% rise in half-year sales, at the low end of its expectations, as seven interest rate hikes...

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