Skeletons in Ellerines' cupboard tumbled out this week when African Bank CEO Leon Kirkinis admitted that his bank paid R450m “more than we thought we did” when it bought the credit-driven retailer last year for R9,1bn. 16 May 2008 12:27

Best Buy, the biggest US electronics retailer, is paying US$2.1 billion for a 50% stake in Europe's largest cell phone retailer, Carphone Warehouse, the companies announced Thursday, 9 May 2008. 9 May 2008 14:39

Consumer electronics group Nu-World witnessed an 18.5% decline in headline earnings per share to 161.2 cents in what it described as an extremely difficult six month trading period to the end of February. 7 May 2008 09:58

JSE listed UK retail group Tradehold substantially reduced its trading loss of £6.6 million in the year to end February 2007 to £1.7 million in the same period in 2008, the company said on Monday, 5 May 2008. 7 May 2008 09:24

The opening of the multimillion-rand Mdantsane City mall two weeks ago heralded a new era for the township, as it transforms from a dormitory housing development to a self-contained suburb with its own amenities and entertainment facilities. 6 May 2008 12:11

More people than ever before in the UK, are shopping at supermarkets for items other than food, reveals new research from Verdict Consulting, a specialist division of Verdict Research reveals. 14 Mar 2008 06:03

A new report* from Retail Analysts Verdict Research, part of the Datamonitor Group, reveals that the battle for UK grocery market share has become more intense than ever. Despite the Competition Commission's concerns that UK shoppers may lack a choice of food retailers, Verdict finds that competition in the sector is flourishing. 22 Feb 2008 06:23