By Tom Robbins
Cape Town – Clothing credit retailers, such as Truworths and Foschini, would endure the climate of slower growth in consumer spending better than credit furniture retailers, such as the JD Group, Ellerine and Lewis, analysts have predicted.
This follows year-on-year furniture and electronic appliance sales falling for a second consecutive month in July as stricter lending criteria and high rates start to bite into spending on big-ticket items. More…
Posted by rldaly 
