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Sales figures sag as economy slows Customers spurn luxury in favour of useful items, special offers

dispatch.co.za - CHRISTMAS spending is expected to be slashed this year as economic uncertainty and a poor consumer outlook continue to squeeze South Africans pockets, a Deloitte survey found. Some East London retailers confirmed a downtick in consumer spending, but were hopeful they would steer through the season relatively unscathed. Another retail survey, by the Border-Kei Chamber of Business, indicated that furniture sales in East London dipped by a staggering 20.15 percent in the third quarter of this...» view full story
Story located in: africa » south africa
Submitted By: Lara
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