Business owners in the city are confident that a possible increase of the repo rate of at least 0,25% of a percentage point that was expected to be announced by the Reserve Bank today, will not adversely affect sales on tomorrow’s Black Friday shopping spree.
This comes after Statistics South Africa has indicated in its latest report that retail sales in shops have dropped with 0,6% in September, compared with the figures of August. It was, however, 0,7% higher than the same time last year.
“We are confident that shoppers will use this opportunity to do some of their Christmas shopping now, making use of the savings that we offer. “Now is the right time to buy that special item at a handsome discount while stocks last,” a business owner said. Another shopkeeper reckoned that shoppers still waiting for their end of the year bonuses, will not be able to resist the temptation to jump for the bargains, making use of short term credit.
Mari Delport, Marketing Manager of Mall of the North, reminds shoppers that Game will be open from 24:00 tonight (Thursday) to ensure that early shoppers can make the best of their shopping experience.
JBM Steel, Gilani Tile Warehouse, E H Hassim, Gelmar and Stewarts & Lloyds have special offers for home owners with plans to do improvements or add that special touch to their homes during the festive season and at Paint Pot, a loyalty reward card holder can win a R1 000 voucher in a lucky draw. For those planning a trip to some destination away from home, a specially tailored deal from BB Auto Polokwane can just make the difference, while those heading for the outdoors, will definitely find something at Trappers Polokwane.
United Furniture Outlets (UFO) and Nictus have specials on furniture and accessories and items are marked down at Foodzone Ladanna. Game and Incredible Connection will take the opportunity to reward their regular customers with bargains on a wide variety of items.
Ultra Liquors will take the lead in low prices on popular brands to make the festive season an enjoyable time.
Also don’t miss out on Vleislapa’s specials on pre-packed beef, pork, chicken and lamb as well as processed delicacies.
Story: BARRY VILJOEN
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