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Search Tag: The Vault
- December 2024 Retail: A season of mixed fortunesSalma Muhammad, Bhamjee’s Shoe CentreJohannesburg, Gauteng, SA – It’s an absolute disaster. For the year up to December, we’ve been trading at 50% of what we normally trade at, and this month – when we would expect turnover to be much, much higher, we’re trading at what we would normally trade for the r ...moreTheir strategy hasn’t unfolded as they expectedCape Town, W. Cape, SA – Yes, Nike has been down this road before. Their current new Global Strategy to streamline their distribution was implemented and we independent businesses were out of their bigger plan. This sadly led to many independent retailers, dependent onNike, Adidas, NB, etc., to close down or to downscale their opera ...moreTrading conditions – in short, not goodGreg Bing, A.P. JonesCape Town, W. Cape, SA – Business is terrible.We have had a very warm and dry May, and a shop full of jerseys and other warm winter ware, and that has had a major impact on our trade. Only in the last 48 hours has it started getting cold and wet.There has been a lot of scepticism about the elections, and combine ...moreAmerican Clothing/The Vault: Started with a bang, now more of a whimperGermiston, Gauteng, SA – Since restarting earlier this month, the first week started off with a good buzz, with customers eager to shop after the long recess of lockdown with all clothing stores closed. The past 2 weeks have been slow to quiet. We are far off from our usual trading patterns.   ...more
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