Walmart wins the support of grocery shoppers amid rising inflation,
Tags : retail
The National Bureau of Statistics reported Monday that retail sales in China increased more than expected in October, despite sluggish fixed asset investment. Read more.
The exceptional retail sales figures that were released last week has caused a substantial rally in the Dow and S&P as both are at or approaching their recent highs. Read more.
No major economic news events are coming out for the week, a lot of the focus will shift to the micro drivers as the conference in focus for the week will be the hybrid Advertising Week happening in New York City. Companies that will be in focus would be Amazon, Facebook, Google, Pinterest and Twitter. Read more.
Woolworths Holdings Limited (JSE: WHL) is a retailer based in South Africa, with operations that are spread across the entire Southern Hemisphere. Woolworths’ core business is focused on the provision of retail goods. Read more.
With five newly established Engen Service Stations opening in the first half of 2021 and a further five in the pipeline, Engen continues to expand in Botswana and spread its unique retail fuel and convenience customer experience across the country. Read more.
Botswana based retailer, Choppies Enterprises Limited has attained its first profit since 2016 of P37.7 million (US$3.4m) in the six months ended 31 December 2020, a rise from the loss of P139.2 million (US$12.56m) attained in 2019. Read more
Retailer TFG flagged an up to 85% decline in full-year profit on Friday, hurt by COVID-19-led lockdowns across its markets. Read more.
Most Zimbabwean consumers are still purchasing groceries from traditional brick and mortar grocery stores which appears to be lagging in online grocery retailing. Read more.