French retail giant Carrefour has announced plans to expand further into Africa through a joint venture with consumer goods distributor CFAO...
South African competition regulators yesterday (31 May) approved Wal-Mart's acquisition of a majority stake in local retailer Massmart. Katy...
So, now it appears that bean sprouts are the cause behind the E. coli outbreak that has rocked Europe's produce sector and killed - at the latest count - 22 people.
With food retailers facing a mixed bag as the global economic downturn bites, it is becoming clear that some are faring better than others. Earlier this month, Pick n Pay, South Africa’s largest grocery retailer, was named international retailer of the year by the US-based National Retail Federation. In January’s just-food interview, Katy Humphries spoke with Pick n Pay’s chief executive Nick Badminton about the company’s recipe for success and the challenges that lay ahead.
Zambeef has said underlying annual losses will be lower than market expectations after factors that hit the the Zambia-based food group in its first half eased in the second part of its financial year.
Shoprite Holdings has booked an increase in half-year sales and profits despite what South Africa-based grocer described as "difficult" domestic trading conditions
South African supermarket operator Shoprite Holdings has booked an increase in first-half sales, boosted by growth from its businesses in the rest of Africa.
South African supermarket operator Shoprite Holdings saw its earnings climb in the first half of the year, despite what it described as a "difficult" trading environment.
South African supermarket operator Shoprite Holdings has booked an increase in full-year sales but said revenues slowed in the second half amid weaker consumer spending in its domestic market.
South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits.
South African supermarket operator Shoprite Holdings has booked an increase in first-half sales, boosted by higher domestic sales and a weaker rand.
South African supermarket operator Shoprite Holdings said it was able to report "strong growth" in its first quarter, despite ongoing "depressed market conditions".
South African retailer Shoprite Holdings has recorded an increase in full-year sales and profits, despite trading in what it says is a "highly competitive" trading environment.
South African retailer Shoprite Holdings has booked an increase in full-year like-for-like sales.
South African retailer Shoprite Holdings has raised funds to expand its store network, improve its infrastructure and strengthen its balance sheet.
South African retailer Shoprite has reported a jump in half-year earnings after increasing its sales and market share.
South African retailer Shoprite has today (20 January) posted a first-half jump in profits and sales.
South African retailer Shoprite said it had gained market share in its domestic market after seeing its sales increase by almost 11% in the first quarter of its financial year.
South African retailer Shoprite has confirmed it plans to open 74 supermarkets in the next financial year.
South African retailer Shoprite has posted a 7% rise in annual sales but the increase fell short of analyst forecasts.
South African retailer Metcash Trading is gearing up to close 51 of its 138 cash and carry and Trade Centre outlets in a bid to improve its financial performance, the SA Commercial, Catering and Allied Workers' Union has suggested.
South Africa-based retailer Shoprite has entered an agreement to acquire Metcash's franchise division.
South African grocery retailer Shoprite has recorded an increase in profit during the first half of its fiscal year despite low food inflation and increasing operating costs.
South Africa's six major supermarkets and wholesale retailers have been found not guilty of price fixing or abusing their buying power.
South African retailer Shoprite saw sales recorded a 9.5% sales rise for the first half ended 31 December.
South Africa-based Shoprite Group said that for the first quarter, turnover grew 9.7%, despite what it described as continued "extremely depressed market conditions".
Spar International, the global symbol retailer, has confirmed the plans of its local venture in India to open 25 stores in the country by 2012.
South African retailer Shoprite Holdings today (3 March) hinted the company was likely to quit India over frustrations at the rules governing foreign ownership of local businesses.
Shoprite Holdings, the South African retailer, claimed today (23 February) that it had increased its share of its domestic grocery market after seeing half-year sales jump more than 14%.
South African grocer Shoprite said the company performed “satisfactorily” in the first half of its fiscal year after it booked a 12% increase in turnover.
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