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Wednesday, June 26, 2019

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Tag: Retail

No Christmas bonus for SA’s top retailers

SA’s floundering economy has resulted in two of its largest clothing retailers, Mr Price and Woolworths, reporting disappointing growth for the festive season. Their trading updates triggered the biggest single-day drop on...

Middle-income South Africans spend their monthly pay in 5 days or less

More than half (56%) of middle-income consumers in South Africa spend their entire monthly salary in five days or less after receiving it. This is according to data from FNB’s...

South African eCommerce hits its stride

Despite the lackluster macro-economic indicators, South African tenacity showed itself once again as retailers – especially smaller stores – cashed in on the online space over the Black Friday and Cyber...

South African consumers ‘duped’ on #BlackFriday

South African shoppers made the most of discounts offered by retailers on Black Friday, with TVs, toilet papers, nappies flying off the shelves. But experts quickly described the discounts as...

Beware of fake digital platforms in online shopping

We are living in a world of digital platforms and e-commerce, where things that appear real are often not.  Shopping online, especially during the festive season, can be perilous. There...

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Why Naspers is backing Facebook’s cryptocurrency project

Naspers CEO Bob van Dijk believes cryptocurrencies could have a huge and positive impact on societies by allowing for frictionless and costless transfer of...

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