Woolworths is slashing the prices of 245 items across a broad range of goods from Monday, 9 February. 9 Feb 2009
The fanfare that followed the opening of Maponya Mall two years ago is now dead. 9 Feb 2009
Keedo, a local kids' clothing company based in Cape Town, is beating the recession odds by showing an inflation adjusted 20% year-on-year growth for its summer 2008 season. 6 Feb 2009
Woolworths customers can look forward to Trenery, an exclusive range of clothing that will be available in selected stores from August this year. 6 Feb 2009
The Public Investment Corporation (PIC) yesterday abstained from voting to re-elect JD Group executive chairman David Sussman at JD's annual general meeting as this went against its governance code. 6 Feb 2009
The delights of the country's rainbow nation are being emulated in fashion as the Mother City readies for the opening of parliament this morning. 6 Feb 2009
First National Bank (FNB) will cut its prime lending rate by 100 basis points from 15% to 14%. The new interest rate will be applicable to all new and existing prime-linked loans, including home loans, from Monday 9 February 2009. 6 Feb 2009
Cape Town's trendy design district, De Waterkant, has a new kid on the block with the arrival of Satori, a contemporary designware store located at The Hudson. Clients can choose from extraordinary items crafted both in South Africa and the East, from ornaments to large sculptures and furniture - picked from the Satori collection or commissioned as a bespoke piece. 6 Feb 2009
Many businesses dutifully collect customer data, just as they've been told to do, but they fail to use that data properly. In this economy, no one can afford to suffer the consequences. Data must be managed properly in order to be put to good use. 6 Feb 2009
Struggling consumers have been granted a reprieve with the announcement of a 100 basis points cut in the repo rate by Reserve Bank Governor Tito Mboweni. 5 Feb 2009
In yet another sign of the worsening global recession, Japanese consumer electronics giant Panasonic More about Panasonic said Wednesday that it will lay off 15,000 employees, or 5% of its workforce, by March. Half of the job cuts will be made in Japan. 5 Feb 2009
Source: DME
After six successive monthly decreases in the price of petrol, higher international product prices throughout January have pushed local prices up again in February, by around 60c/litre (cpl). Diesel prices, however, have dropped for a seventh consecutive time. 5 Feb 2009
Edcon, SA's largest clothing retail group, said yesterday retail sales increased 9.7% for the quarter to December. 5 Feb 2009
The much-anticipated meeting between Pick n Pay and its suppliers to discuss high food prices took place yesterday, 5 February 2008. While it reportedly turned into something of a "blame game", PnP CEO Nick Badminton said in a statement issued yesterday that it was "a very good start." 5 Feb 2009
Pick n Pay's suppliers — under pressure from the retailer to curb price increases for foodstuffs — yesterday in turn blamed their own suppliers for high prices, suggesting that monopolistic practices were the real culprits behind stubbornly high food prices. 5 Feb 2009
Hurt by weak holiday sales and a slew of charges, video game publisher Electronic Arts posted a wider net loss for its fiscal third quarter and fell short of analysts' expectations Tuesday. 5 Feb 2009
"Understand what keeps the customer up at night." Those words from Bob Regnerus hit at the heart of successful e-commerce transactions. 5 Feb 2009
Not content to essentially dominate online book sales - not to mention a slew of other merchandise categories - Amazon.com launched a new game download service Tuesday. 5 Feb 2009
South Africa's trade deficit has dropped from R88 billion to R64.5 billion, according to the revised South African Revenue Service (SARS) statistics for trade for 2008 released on Wednesday. 5 Feb 2009
South African retailers have adopted a wait-and-see approach regarding their assets in Zimbabwe, several companies said this week. 4 Feb 2009
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