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Retail

Avon settles over bribe probe

Dec 18 2014 14:15

US authorities have fined Avon $135m to settle a corruption probe in China after it became known the company had bribed officials.

Retail

Walmart ordered to pay over employee dispute

Dec 17 2014 09:00

The Pennsylvania Supreme Court has ordered Walmart to pay about $188m to settle a class-action lawsuit filed by employees.

Retail

Third IMAX theatre opens in SA

Dec 12 2014 15:15

Ster-Kinekor has opened its third IMAX theatre in South Africa and has announced its plans for a fourth.

Retail

McDonald's to trim menu

Dec 11 2014 17:21

McDonald's is planning to trim its menu, review its cooking methods and even get rid of some ingredients it uses.

Retail

Shoprite snaps up Ellerine's high-end Wetherlys

Dec 11 2014 14:55

Retailer Shoprite is buying upscale Wetherlys furniture stores from the unit of failed credit lender African Bank, says the competition watchdog.

Retail

S&P may downgrade Tesco to junk

Dec 11 2014 15:26

Ratings agency Standard & Poor's says it may downgrade Tesco after its latest profit warning, moving the UK grocer closer to losing its investment grade status.

Retail

Attempt to resolve Woolworths boycott

Dec 10 2014 18:01

Representatives of BDS SA have met with a delegation of Woolworths to try and resolve the #BoycottWoolworths campaign against Israeli imports.

Retail

KFC China calls for kitchen inspection

Dec 10 2014 17:12

KFC has told Chinese diners worried about eating their fried chicken that they're welcome to come and have a look.

Economy

China plans hike in cigarette taxes, prices

Dec 10 2014 11:05

China is considering raising cigarette prices and taxes as the world's largest tobacco consumer fights to stub out a pervasive habit.

Retail

Camden Market goes for London listing

Dec 09 2014 12:01

The owner of London's Camden Market, popular for retro clothing, is to list on the city's stock exchange.

Retail

Troubled Tesco warns on profit again

Dec 09 2014 11:35

Troubled British grocer Tesco has warned on full year profit again, slashing its full-year outlook by almost a third in the latest downgrade.

Inside Fin24.com

 
Retail

Food supplier to US troops fined for fraud

Dec 09 2014 10:04

The US government has fined Supreme Group, one of the largest suppliers to troops in Afghanistan, for fraudulently overcharging the government for food and water.

Retail

M&S shoppers queue or order online

Dec 08 2014 17:55

Marks & Spencer has been forced to extend delivery times for online orders as a new distribution centre is unable to cope with the demand.

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