Clur says a split-year comparison of growth rates , considering only Q2 against the remaining nine months of the rolling 12 month period , shows the nine-month trading density is higher across all segments , likely due to the festive season falling within this period .
“ However , whilst the y / y % growth is also higher in most instances , community and smaller centres and the KZN province are counter this trend , showing higher growth rates for the three months of Q2 versus the prior nine-month period .
“ This counter-trend boost for these segments in the last quarter suggests that even better prospects are emerging there .”
Clur says that there is a return to important basics , with a focus on what really counts and what is needed to make the world well .
“ This started as a focus on personal wellness , seen in demand for athleisure , fitness , health and considered beauty categories . This has now evolved into a broader community and global wellness theme .
“ Tied to this is a general shift in values characterised by a focus on quality of life and experience , dignity from a human , animal , tech and planet perspective , balance and time being viewed as a currency more valuable than money .
“ Social impact retail , as a new frontier of retail in SA , effectively takes retail to where it needs to be , to better service communities and to boost economic opportunities within their localities . In these instances , by bringing retail to the doorsteps of hard-pressed consumers , transport costs are alleviated , increasing available spend for essential groceries and other products – thereby uplifting community living standards and economies .”
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