Truworths Falls as Monthly Retail Sales Drop – retail news

By A Mystery Man Writer

Truworths International Ltd. (TRU), South Africa’s largest listed clothing retailer, fell the most in three weeks on concern that lending growth is slowing and as monthly retail sales in the continent’s biggest economy shrank. The stock slid as much as 3.2 percent, the most since Aug. 27 on an intraday basis, and traded 2.7 percent…

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