16.4 C
Harare
Saturday, September 26, 2020
Retail sales grew 5.4%Cash sales were up 8.9%Group online sales post lockdown were up 75.0% Harare - Clothing retailer Mr Price said the imposed lockdown restrictions intended to curb the spread of the coronavirus severely affected sales in the first 20 weeks from...
Edgars chain’s unit sales dropped by 55.7%Face mask production spurred Carousel’s salesTurnover declined by 43% in inflation-adjusted terms Harare – Edgars Stores Limited’s unit sales slumped by 66% for the period to June 2020 compared to the prior comparative period.
Total retail sales grew by 6.3%Retail health and beauty sales increased by 7.7%Group turnover increased by 10.2% Harare - South Africa’s leading pharmacy, health and beauty retailer registered a growth in retail sales for the 23 weeks from 1 March 2020 to 9...
Volumes in April reduced to almost zero following national shutdownRevenue grew in both historical and inflation adjusted termsMargins remain under pressure Harare - ZSE-listed electrical retail and engineering company, Powerspeed, saw growth in sales volumes in spite of disruptions brought about by the...
Measures to stop the spread of COVID-19 delayed importation of stocksRetreading volumes showed 16% decrease Harare- ZSE-listed tyre retailer, National Tyre Services Limited (NTS), bemoans the volatile economic environment and the COVID-19 pandemic which affected the business’ operations in the year ended 31...
Exacerbated by prohibition from trading in certain key product categories including alcohol, tobacco, clothing, general merchandise and hot foods.These categories make up approximately 20% of the Group’s revenues, with higher gross profit margins relative to basic food and grocery lines.CEO Richard Brasher said “Our business remains strong...
Supermarkets RSA sales grew by 8.7%Checkers and Checkers Hyper sales rose by 13.5%Supermarkets non RSA sales decreased by 1.4%Furniture segment sales dropped by 11.9% Harare - South Africa’s retail giant Shoprite posted a mixed sales performance for the 52 weeks ended 30 June...
Sales volumes down 32.7%Inflation adjusted revenue declined by 13% Harare- OK Zimbabwe Limited registered a dip in sales volumes in the quarter ended 30 June 2020 (Q1 2020) as the market has been experiencing instability due to the COVID-19 pandemic.
Lager volumes ease 18% over last year Sorghum beer volumes plunge 40% Sparkling beverages volumes recovers 35% albeit from a low base Delta Beverages' overall business remained under strain into the first quarter of 2021 after the...
The transaction is valued at R480 millionThe acquisition will help TFG expand into the value segment of the Southern African retail marketEdcon is currently under business rescue Harare - The Foschini Group (TFG), one of South Africa’s leading retail clothing companies seeks to...