02 December 2024
02 December 2024
As price-conscious shoppers sought out the best promotions, the event evolved into a multi-day window for finding value rather than a one-day shopping spree.
Retailers now look to December’s festive period to recover lost ground amid rising cost pressures.
The commission found that the tax rulings did not grant the companies selective advantages.
Retail turnover growth was widespread in all states and territories other than the Northern Territory.
By leveraging first-party data and delivering personalised, relevant content, retailers can enhance shopping experiences, boost in-store visits, and maximise sales during the busiest time of the year.
The group’s gross profit stood at R18.17bn with a margin of 11.9% over the fiscal year.
Revenue growth was driven by 18.5% YoY average store count expansion, along with a modest same-store sales increase at group level.
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