Service stations seek higher retail margins [Siseko Njobeni] Service stations are hoping for an increase in the retail margin next month, the Fuel Retailers Association said. 8 Sep 2008 13:56
Rex Trueform posts a leap in HEPS Clothing group Rex Trueform has reported a 148% leap in headline earnings per share from 75.3 cents to 186.5 cents for the year ended June. This was achieved on the back of a 17% growth in revenue from R397.2 million to R465.6 million. The gross margin improved from 43.6% to 45.6%. 8 Sep 2008 13:52
eBay promotes social consciousness with new site [Rachel Metz] Most consumers probably associate eBay more with vintage lunch boxes and low-priced electronics than with laptop bags made from recycled plastic by women in New Delhi. 4 Sep 2008 11:43
Shoprite earnings up 54.1% to 298.6c South African supermarket group Shoprite Holdings on Tuesday reported a 54.1% increase in diluted headline earnings per share to 298.6 cents for the year ended June 2008 from 193.8 cents a year ago. 2 Sep 2008 12:57
Shoprite African operations deliver strong results [Tiisetso Motsoeneng] South African-based retailer Shoprite is confident that its African operations will maintain their strong growth rate. 2 Sep 2008 12:41
Edcon hopes to beat tough times Retail giant Edcon said last week it would continue to grow sales in the coming months despite a tough trading environment characterised by rising food prices and high inflation. 1 Sep 2008 09:27
Edcon quarterly loss not due to poor sales Fashion retailer Edcon Holdings suffered a first-quarter loss of R643 million to June, compared with a R1,13 billion profit for the corresponding period a year ago. 29 Aug 2008 13:23
Woolies may give up half its Vincent store [Siya Miti] Vincent Park could become the first casualty in East London's battle of the malls with a major tenant considering cutting its store in half in favour of another outlet in the new Hemingways Mall. 29 Aug 2008 13:14
Puma store opens in Mauritius Mauritius received its first taste of dedicated Puma gear this month with the launch of the marque's first brand store on the island this month. Consumers and travellers to Mauritius will now have access to a wide range of Puma's sports lifestyle products available in one store. 28 Aug 2008 12:56
Massmart rolling out more stores [Thabang Mokopanele] Retail group Massmart is rolling out more stores as it continues to grow sales despite an economic downturn, by offering low-cost, wholesale basic foods and consumer goods. 22 Aug 2008 11:35
Truworths wears smile in difficult conditions [Thabang Mokopanele] Clothing retailer Truworths International has bucked the trend of slower retail sales by posting a 16% rise in sales to R5,65bn. 21 Aug 2008 11:26