Retailers feel consumers' pain
August retail sales grew 1.1% year on year, compared with 2% in July
20 October 2019 - 00:09
Figures released this week provide further evidence of the bleak outlook for retailers, many of which will be hoping for a shot in the arm on Black Friday.
August retail sales grew 1.1% year on year, compared with 2% in July, according to Stats SA data. Retailers of household furniture, appliances and equipment were the major contributors to growth at 4.5%...
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