Wednesday, 14 July 2010 05:19
Madrid - Spain's Inditex, Europe's largest clothing retailer, said on Tuesday it would move into Australia and South Africa next year as the Zara owner pushes ahead with its aggressive international expansion.
Wednesday, 14 July 2010 05:14
The Consumer Protection Act, set to come into effect in October, will raise costs and add an administrative burden for the automotive sector and other industries.
Tuesday, 13 July 2010 12:08
Johannesburg - The world's largest online retailer Amazon said on Tuesday it plans to expand its customer service centre in Cape Town.
Friday, 09 July 2010 06:27
German trade surged in May while industrial output jumped more than expected, fuelling hopes Europe’s largest economy may have posted its strongest growth in more than two years in the second quarter.
Friday, 09 July 2010 05:42
The six German supermarket chains which control 90 percent of the country's market share have come under increasing scrutiny lately under allegations they misuse their power to pressure food producers.
Friday, 09 July 2010 05:28
Johannesburg - It would be difficult for retail group Massmat Holdings [JSE:MSM] to boast significant operating profit margins in the current economic environment, analysts said on Thursday.
Thursday, 08 July 2010 12:50
Johannesburg - Business confidence in South Africa has experienced a dramatic jump between May and June, thanks to optimism surrounding opportunities stemming from the 2010 FIFA World Cup.
Thursday, 08 July 2010 12:45
Johannesburg – South African wholesaler Massmart Holdings [JSE:MSM] boosted 52-week sales by 10.1% to R47.5bn helped by new stores and a persistent fall in product prices.
Thursday, 08 July 2010 12:35
Johannesburg - The reality is the global economy probably never emerged from the crisis and this has significant implications for growth outlooks in South Africa, Reserve Bank Governor Gill Marcus said on Wednesday.
Thursday, 08 July 2010 12:32
Wholesale giant Massmart, through its operating division Masscash, would expand its food business using Cambridge Food stores by catering to the lower end of the market, a move which could pay dividends for the group in the future, analysts say.
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