Hyprop is pleased to announce the launch of high-speed WiFi at its shopping centres in partnership with MWEB.

Wednesday, 11 December 2013 16:12

Festive retail gains still likely on last year

The festive period is an important time for retailers but, with economic growth being relatively muted, James Templeton, CEO of Emira Property Fund, says the retailers and shopping malls are going to have to work hard for their share of increasingly cautious spending this festive season.

The 2013 festive season is likely to be a mixed bag for South African retailers as rising fuel, transport and utility costs continue to see consumers apply the brakes on spending.

Antoinette Coetzee, Retail Analyst at Redefine Properties is feeling somewhat upbeat about this year's festive season. 

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