date:Aug 21, 2013
n terms of lower prices and more products for cash-strapped consumers. Following its lacklustre update, Massmarts shares last week fell 8.5% to R146, its lowest intraday price since October 2011.
Although there are pockets of value to be found in the retail sector, lower than expected growth from retailers, coupled with disappointing economic growth figures and a falling rand has seen a steady sell-off in retail stocks over the past few months. Retail shares have had a stellar run in the past f