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Lewis Group has reported that the merchandise sales for the 4-month period to end July 2010 increased by 9% over the corresponding period a year ago.
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Lewis Group has reported that pretax profit for the year to March 2010 grew 5%, while revenue lifted 8% to R4.1bn.
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Investors in furniture retailers JD Group and Lewis Group can forget the idea of making a quick buck when a foreign major swoops in to SA.
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2010/07/23
Financial Mail
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JD Group CEO says that the group's turnover fell by 14%, from R5,2bn to R4,5bn as bad debts began to spiral out of control, but plans to change its business model.
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2010/05/28
Financial Mail
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