South Africa's Woolworths first-half earnings up 17 percent
date:Feb 14, 2014
fit gauge in South Africa and exclude certain one-off items.

Retailers in Africa's biggest economy are struggling to grow sales at a faster pace as consumers rein in spending due to high personal debt, unemployment and rising fuel and transport prices.

But Woolworths, similar in style and products to Britain's Marks Spencer, is faring better as most of its customers are from the high-income category.

Sales rose 16.2 percent to 19.382 billion rand ($1.76 billion) compared with the same period
2/3 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
06/29 23:39