Clicks Group has lifted profitability at the halfway stage of its financial year, even as consumers remain under pressure. The retailer said turnover for the six months ended February rose 7.4% to R24.9bn. Headline earnings increased 6.4% to R1.5bn. Headline earnings per share (HEPS) climbed 8.1% to 653 cents. The company said share buybacks over the past 18 months helped…
Tag: Store Expansion
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Dis-Chem Faces Challenges in a Competitive Market
Retail pharmacy giant Dis-Chem is set to unveil a significantly revised rewards programme in the second half of the current financial year. The move comes as the retailer aims to regain lost market share in key categories. This follows intense promotional activity from competitors and a rapid expansion of rival store footprints. Challenging Retail Landscape and Market Share Battles Dis-Chem…