{"id":23203,"date":"2026-02-02T14:01:04","date_gmt":"2026-02-02T12:01:04","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-discount-retailer-reports-12-9-rise-in-first-quarter-revenue\/"},"modified":"2026-02-27T16:34:02","modified_gmt":"2026-02-27T14:34:02","slug":"sa-discount-retailer-reports-12-9-rise-in-first-quarter-revenue","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-discount-retailer-reports-12-9-rise-in-first-quarter-revenue\/","title":{"rendered":"SA discount retailer\u00a0reports 12.9 %\u00a0 rise in first-quarter revenue\u00a0"},"content":{"rendered":"<div>Group sales increased by 10. 6% percent in the festive season trading quarter ended December 31 compared to the same period in 2024, with a 5.2|% rise when excluding acquisitions. Like-for-like sales rose by 3%. The clothing and general merchandise segment saw a 10.3% sales increase, while furniture, appliances, and electronics grew by 13.7%. The financial services business experienced a remarkable 4.6% revenue increase, attributed to high demand for insurance and retail credit.<\/p>\n<\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14490,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-23203","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"South African (SA) discount retailer, Pepkor Holdings reported a 12.9 %\u00a0 rise in first-quarter revenue to $1.9 billion driven by acquisitions and growth in its core clothing brand PEP, alongside demand for tech products","published_date":"2026-02-02 00:00:00","news_description":"South African (SA) discount retailer, Pepkor Holdings reported a 12.9 %\u00a0 rise in first-quarter revenue to $1.9 billion driven by acquisitions and growth in its core clothing brand PEP, alongside demand for tech products","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23203\/revisions"}],"predecessor-version":[{"id":26244,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23203\/revisions\/26244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14490"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=23203"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}