Archive for February, 2013

Woolies, Spar, Shoprite & JDG

Woolies, Spar, Shoprite & JDG

February 25, 2013 |

CEO Ian Moir of Woolies tables outstanding results. Headline earnings per share up by 21%; Revenue up by 18% and return on equity (ROE) increased to 58%. Woolies trying to now get shoppers to go from being basket shoppers to being trolley shoppers by increasing its pack sizes and offering bulk and new brands. Time […]

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Retail Update

Retail Update

February 14, 2013 |

Growth in South Africa’s retail sales slowed to 2,3% year-on-year (y/y) in December 2012 from a revised 3,6% in November 2012. Economists had expected subdued sales over the month, with growth forecast at 1,2%. On a month-on-basis basis, Statistics South Africa (Stats SA) on 13 February 2013 said sales were up 1% in December 2012, […]

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