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Alliance Resource Partners (ARLP) Q2 2021 Earnings Call Transcript

Alliance Resource Partners (ARLP) Q2 2021 Earnings Call Transcript
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Five retail categories that will lead the sector s recovery in 2021

Five retail categories that will lead the sector’s recovery in 2021 By BR Reporter Share StatsSA’s latest figures show retail trade falling 3.5 percent year-on-year from 2019 to 2020, continuing a 10-month downward spiral. However, South African retailers are starting to show signs of adapting to the needs of the changing market. Dov Girnun, chief executive of Merchant Capital, said that although the sector has yet to recover from a combination of the country’s Covid-19 measures and reduced consumer spending power, the company’s collection data suggests the early signs of recovery in several key categories. “We’re starting to see South Africa’s retail sector adapting to the reality of new customer preferences, lifestyle changes, the impacts of Covid-19 and technological developments. We believe the retail sector is on the mend, and will see greater recovery throughout 2021,” Girnun said.

Investegate |Takeover Panel Announcements | Takeover Panel: Disclosure Table (POTAM only)

Investegate |Takeover Panel Announcements | Takeover Panel: Disclosure Table (POTAM only)
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