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Retail

Cadbury Nigeria profit falls 57%

Oct 24 2014 15:31

Cadbury Nigeria says its nine-month pretax profit was $14.54m, down 57% from the same period a year ago, sending its shares tumbling.

Retail

New Tesco boss starts long journey

Oct 23 2014 19:16

New Tesco boss Dave Lewis has unveiled a flurry of small tweaks to Britain's ailing No.1 grocer, but not the big rescue plan many think it needs.

Retail

Tesco cancels full-year profit forecast

Oct 23 2014 14:00

Tesco has reported a bigger-than-expected hole in its finances after finding accounting errors had gone back further than initially thought.

Retail

Nestlé ready to act if Ebola spreads - CEO

Oct 23 2014 10:53

Nestlé has no plans to curb output in cocoa and coffee-rich West Africa because of Ebola, but is ready to adapt if the disease spreads, says the company's CEO.

Retail

Tesco CEO says more ways to win back shoppers

Oct 23 2014 10:30

Tesco CEO Dave Lewis says there is more it can do on prices, but it was not the only way for the embattled British supermarket to win back lost market share.

Retail

Tesco scraps outlook on accounting black hole

Oct 23 2014 09:00

Britain's biggest grocer Tesco has reported a larger than expected hole in its accounts, forcing it to scrap its full-year trading profit outlook.

Retail

Retail partnership to curb centre robberies

Oct 22 2014 17:50

Retailers and shopping centre owners and managers have formed an anti-crime collaborative forum to stem a spate of shopping centre robberies.

Retail

More belt-tightening at Coca-Cola

Oct 21 2014 18:51

US soft-drink maker Coca-Cola say it will broaden a cost-cutting plan after profits dipped 14% in the third quarter.

Retail

McDonald's quarterly profit falls 30%

Oct 21 2014 16:27

McDonald's has reported a 30% fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.

Retail

Tesco sales continue to slide

Oct 21 2014 14:30

Data shows that Tesco's sales continue to fall and analysts expect the firm to report a 6% drop in sales for its second quarter to August 23.

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Retail

Reckitt Benckiser sales hurt by sluggish markets

Oct 21 2014 13:06

Sales growth at consumer goods maker Reckitt Benckiser has slowed more sharply than expected in the third quarter, hit by cooling emerging markets.

Retail

Taste broadens its jewellery division

Oct 21 2014 11:37

Taste Holdings has acquired watch and jewellery retailer Arthur Kaplan to complement its strategy for competing in the upper income consumer market.

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