Office, Retail, Industrial, Hotels and Residential (11081)
Retailer promises to generate more cash
Hyperama stores destined to be revamped by year's end
CAVENDISH Square and Menlyn Park Shopping Centre, the Cape Town and Pretoria retail and leisure centres redeveloped by Old Mutual Properties,
VAAL triangle township Sebokeng will get its first modern retail centre before the end of the year.
Northgate, Brooklyn, Walmer Park to be extended
THREE retailing groups are rumoured to be selling their substantial property portfolios as the tide of sentiment turns firmly in favour of retailers leasing rather than owning premises.
THE recent unbundling and restructuring of companies in the retail sector has seen a number of retail conglomerates turn to franchising as a way of expanding and consolidating their operations.
Targeting convenience shoppers pays handsomely
RETAIL sales growth showed improved strength last year, despite rising competition for the consumer's rand from cellphones, the lottery, widespread electrification and the surge in oil prices.
There is still no respite for shop-owners. The sluggish growth in retail sales (a proxy for demand for retail space) for the last few months does not bode well for…
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The after-season half-price sales signs are up and retailers are still anxiously awaiting the rush of buyers – all conspicuously absent in the current retail slump. It is common knowledge…
Hope for retail's future rests on the rickety foundations of the exploding number of spaza shops, tuckshops and other services in the townships,
WHILE everything else in life is getting smaller, shopping malls are bucking the trend.
Smaller stores closer to home now show the most potential
Several factors contribute to the poor performance of the retail sector:
PICK 'n Pay announced yesterday that it is testing its new home shopping service, announced in November last year.
THE big oil companies are worried that Pick 'n Pay may have ambitions to become a major player in their industry, and not just as a retailer.
REGISTRATION of the term 'shoppertainment' as a trademark by a North American developer has forced Old Mutual Properties to rename its R1,4bn retail
PROPERTY company Monex's plans to recapitalise through the sale of a 14% stake in Century City Centre for R100m have failed.
What is the difference between a microlender and a clothing retailer? Not much if you are looking for a personal loan from an Edgars, Jet or Foschini store.
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