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Retail

Curro goes on winter buying spree ahead of Stadio unbundling

Jun 22 2017 08:22

Private education group Curro has bought its second academic college in just one month, as it gears up to list tertiary learning subsidiary Stadio on the JSE.

Retail

Nike to slash jobs, cut sneaker styles in shakeup

Jun 18 2017 12:45

Nike wants to be more nimble on its feet as it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1 400 jobs.

Retail

Nestlé may put US candy business on the block

Jun 18 2017 12:15

Nestle may sell its US candy business, which makes classics like the Butterfinger candy bar, Raisinets and Nerds.

Retail

H&M short sellers double bets as investors wear 18% drop

Jun 18 2017 11:36

Hennes & Mauritz shareholders have seen the value of their investment slump 18% so far this year. Short sellers are betting the stock has more to go.

Retail

Wiese's Brait seeks growth in Asia as SA and UK wilt

Jun 14 2017 08:16

Brait plans to expand its Virgin Active gym chain in the Asia Pacific as it battles difficult operating conditions in its biggest markets, including South Africa and Britain.

Retail

Bidvest sees challenging trading environment for SA

Jun 08 2017 17:14

Bidvest Group, which has interests in expanding into catering space has said the local economic environment is a "major concern" and that it’s struggling to conclude government contracts.

Retail

Curro buys Africa’s number one film school

Jun 08 2017 08:00

Curro subsidiary Stadio has bought AFDA, Africa’s leading film school in Africa with four campuses across South Africa.

Retail

Steinhoff falls as uncertainty hangs over mattress firm in US

Jun 07 2017 12:27

Steinhoff International's shares have slumped the most this year as the retailer reported profit margin at its US mattress chain underperformed.

Retail

Credit regulator to appeal Lewis tribunal victory over club fees

Jun 06 2017 11:07

The National Credit Regulator will appeal the National Consumer Tribunal’s judgment, which dismissed its referral against Lewis Stores over its club fees and extended warranties.

Retail

New Look struggles with shoppers' 'buy now, wear now' mentality

Jun 06 2017 10:28

New Look retail has added to the gloom among Britain’s clothing retailers, reporting a full-year loss and warning of challenging times ahead as online competition increases.

Inside Fin24.com

 
Retail

Silver lining for Stuttafords staff

Jun 06 2017 05:00

Although disappointed that Stuttafords is in a winding down process, chief executive Robert Amoils said he is glad the retailer could at least pay staff their full retirement packages.

Retail

Taste could spend R328m on Starbucks expansion

Jun 04 2017 06:02

Taste Holdings could spend as much as R328m on building up to 41 more Starbucks shops in Johannesburg, Pretoria, Durban and Cape Town, says CEO Carlo Gonzaga.

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