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Retail News

Retail group Clicks lifted diluted headline earnings per share by 26.2% from 131.5 cents to 165.9 cents for the year ended August which the group attributed to improved trading and efficient cash and capital management. 22 Oct 2009
South Africa's repo rate has been left unchanged at 7%, outgoing Reserve Bank Governor Tito Mboweni announced on Thursday, 22 October 2009. 22 Oct 2009
Retailer Pick n Pay on Wednesday, 21 October 2009, reported headline earnings per share for continuing operations for the six months ended August 2009 of 100.30 cents - up 11.1% from the 90.31 cents reported last year. 22 Oct 2009
Fashion is an odd business indeed. How does it happen that the world we most expect to be absolutely on top of trends has completely dropped the ball on one of the greatest revolutions of our time — communication? 22 Oct 2009
New vitality for Liqui-Fruit
This spring, Liqui-Fruit is introducing its new generation of health drinks - the Vitality range with Superseed; 100% pure pressed superfruit juices, loaded with grape seed extract. 22 Oct 2009
Economists have predicted that the repo rate will remain unchanged when the Reserve Bank's Monetary Policy Committee (MPC) makes its decision later today, 22 October 2009. 22 Oct 2009
Ladies in red...
The international campaign, Go Red For Women, presented by MasterCard, will have its inaugural South African show - the Little Red Dress - during its Style in the City at the V&A Waterfront, Cape Town from the 29 October to 1 November 2009. 22 Oct 2009
Dragon NaturallySpeaking, Speak & See, assists those with upper body mobility and literacy problems, or those unable to type well through its speech recognition software. 22 Oct 2009
Feel Good Store proves successful
The Feel Good Store, located on the corner of Ralph and Main Roads, Claremont, Cape Town next to the new public transport interchange, is providing the unemployed with skills to enable them to find formal employment or to become entrepreneurs. 22 Oct 2009
New look for Bob Martin
With added reference to its heritage aligning local products to the original UK brand, Bob Martin, maker of pet healthcare products and supplements, has revitalised its look and extended its range. 22 Oct 2009
NEW YORK, US: Global beverage giant Coca-Cola on Tuesday, 20 Ocotber 2009, reported a nearly flat third quarter profit, as sales growth in key emerging markets helped overcome difficult economic conditions. 21 Oct 2009
Cadbury ups sales forecast
LONDON, UK: British confectioner Cadbury on Wednesday stepped up its defence against a takeover by US giant Kraft Foods by upgrading its full-year sales forecast after a third-quarter rise. 21 Oct 2009
Raymond Ackerman to retire as PnP chairman
Raymond Ackerman will be retiring as chairman of Pick n Pay Stores - effective 1 March 2010 - after a 43-year-long career with the company, he announced today, Wednesday, 21 October 2009. Ackerman will, however, still perform an ambassadorial role for the retail giant, staying on as an advisor to the company and based at its head office in Cape Town. 21 Oct 2009
Employee fraud conference opens this week
The 2009 Southern African Fraud Prevention Service (SAFPS) conference runs at Radisson Hotel, Sandton from 22-23 October 2009. The theme of "Trust Betrayed - The Cancer Within" has drawn international and local speakers. 21 Oct 2009
Blue Earth phone in SA
The Samsung Blue Earth mobile phone, first showcased at the Mobile World Congress 2009 in Barcelona, was released internationally yesterday Tuesday 20 October 2009. 21 Oct 2009
Recycle with Woolworths, Engen
A Woolworths' pilot recycling project opened yesterday Tuesday 20 October 2009, at eight Engen stations in the Western Cape to recycle paper, cardboard, glass and plastic. If successful, the project will be rolled out across the country. 21 Oct 2009
As part of the WesBank-sponsored Focus on Excellence Awards, a recent survey was conducted on factors that influence the purchase of both medium and heavy commercial vehicles. Surprisingly, price was only listed as the sixth most important factor amongst buyers of medium commercial vehicles and an astonishing ninth most important factor affecting purchase decisions in the heavy commercial segment. Reliability was the biggest factor. 21 Oct 2009
The Nelson Mandela Metropolitan University (NMMU), Port Elizabeth will hold a conference addressing the benefits of offset and counter-trade agreements on 12-13 November 2009. A number of international and local experts will address delegates. 21 Oct 2009
Get ready to snap up designer used items
Recessionistas can turn themselves into fashionistas without breaking the bank with a new shopping concept that launches in South Africa next month. 20 Oct 2009
Western Cape liquor Bill ready soon
The Western Cape hopes to have its Liquor Amendment Bill finalised by the first quarter of next year. 20 Oct 2009
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