The South African Council of Shopping Centres (SACSC) is pleased to announce the signing of formal agreements with The International Council of Shopping Centres (ICSC).

When online shopping started to take off there was much speculation that this would be the beginning of the end for retail centres.

Retail Sales growth tends to be more cyclical than overall economic growth, outperforming the latter in good times, but often underperforming economic growth in tougher times.

With a 21% increase in shopper numbers on Black Friday, continuous growth in trade throughout the year, an improved shopping experience and all the added festive shopping services anyone could want, Mall of the North is expecting a bumper Christmas season.

Real Retail Sales growth for December 2015 continued to record an exceptionally healthy growth rate under the weak economic circumstances.

The FNB/BER building confidence index gains four points to 45 in the third quarter‚ indicating the sector is starting to turn itself around.

Property group Resilient Property Income Fund increased its dividend for the year ended June by 20.94%.

RETAIL sales accelerated much more than expected in February, suggesting that the expected slowdown in consumer spending may not be as severe as feared and lifting gloom over the growth outlook.

BMR UNISA estimates formal retail sales to grow in real terms by 4.5% in 2013. Although this forecast is positive it is slightly lower than in 2011 and 2012 when real retail sales increased by 6.0% and 5.7% respectively.

Retail trade sales slowed sharply to 1% year-on-year in October, said Statistics South Africa