South African retailer Mr Price Group (MPC) said on Wednesday that during the third quarter (October, November and December) of the financial year ending March 2009 it recorded sales growth of 20.3%, with December up 21.4%. 14 Jan 2009
Maggie Prioste of Cyrildene was one of more than 5000 people who bought an Oral-B Cross Action Complete 7 toothbrush this winter. The purchase entered her into a competition to win a trip for two on the Eurostar train, which runs between London and Paris through the Channel Tunnel. 14 Jan 2009
Nampak Cartons & Labels Epping is on track to commence local production of the newly launched and fully biodegradable Woolworths “To go” range of sandwich packs. 14 Jan 2009
Technology companies face a bumpy ride in 2009. 14 Jan 2009
Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years. 14 Jan 2009
The massive slowdown in the United States economy which led to over 2.6 million job cuts in the US in 2008 brought the global economy to its knees threatening local economic growth in South Africa ushering in possible interest rate cuts. 14 Jan 2009
Food and furniture retailer Shoprite said yesterday turnover grew 27.3% to R29,6bn for the six months to last month with the group's African business continuing to forge ahead. 14 Jan 2009
Data centres and headquarters have made up approximately 90% of the value in many recent asset sales on Wall Street. For example, Lehman Brothers sold its assets to Barclays for US$1.75 billion, 86% of which was for the data centres and headquarters alone. The fact is that a company's headquarters generate no revenue, and maintaining them can be a financial drain. 13 Jan 2009
Given the grim market conditions characterized by galloping inflation and steep interest rates, consumers would do well to wise up when borrowing money. 13 Jan 2009
Following on from the recent relaunch of the Yum Yum peanut butter range, Nola, a division of Foodcorp, is taking the brand in a new direction with the launch of its latest campaign. 13 Jan 2009
ComutaNet is said to be the first media owner in South Africa to brand a fully integrated shopping mall and taxi rank, doing so on behalf of leading mobile operator Cell C. 13 Jan 2009
Although South African's began their December 2008 holidays on a wave of jubilation as interest rates were cut by 50 basis points, the strength of the Rand, which influences almost all aspects of everyday life is likely to see-saw economists predict. 13 Jan 2009
Pick n Pay has been voted the world's best retailer by international retail organisation, the National Retail Federation (NRF). 13 Jan 2009
Innovation is becoming the lens through which leaders are directing a laser-like focus on business transformation. It's easy to see why. Margins and product life cycles are shrinking, competitive pressure is growing, and the need for customer responsiveness has never been more important. Every company needs an edge. Enterprise innovation is not the sole domain of the entrepreneur. It can be practised by CEOs of large firms, too. 13 Jan 2009
The Consumer Electronics Association (CEA) has confirmed that an Apple-focused area will come to its huge Consumer Electronics Show in Las Vegas in 2010, though it currently can't confirm that Apple itself will set up an official exhibit. 13 Jan 2009
Japanese electronics maker Panasonic will cut its investment in two new flat-screen TV plants by about US$1.5 billion and exit unprofitable businesses as the global economic slump slices into its profits. 12 Jan 2009
Circuit City Stores said Friday it is in talks with two interested parties that could buy the company or provide additional financing for it to stay in business. 12 Jan 2009
The Dubai Shopping Festival (DSF 2009), from 15 January to 15 February is set to provide shopping bargains, raffles, promotions, concerts, carnivals and more with over 2,000 retailers and 40 shopping malls including the recently opened Dubai Mall, now the largest mall in the world participating in the festival. 12 Jan 2009
Deputy President Baleka Mbete met her Swedish counterpart Deputy Prime Minister Maud Olofsson, Monday morning, to build support for investment in the African Agenda. 12 Jan 2009
South African retailers painted a rosy picture for the Christmas trading period despite forecasts that they would face the bleakest festive sales season in nearly two decades. 12 Jan 2009
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