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Famous Brands earnings drop after shopping spree

May 29 2017 08:02

Africa’s largest branded food services franchisor Famous Brands has posted a 33% increase in revenue on the back of a robust acquisition spree.


E-commerce trends taking off in SA

May 25 2017 20:40

Kevin Tucker, founder of PriceCheck, maintains that the growing local e-commerce industry presents a solution for sector growth.


Foschini Australian subsidiary acquires menswear retailer

May 25 2017 16:23

The Foschini Group says its Australian subsidiary TFG Retailers will acquire the entire issued share capital of menswear retailer the Retail Apparel Group.


Solid results despite challenges - Tiger Brands

May 25 2017 14:42

Tiger Brands has announced its unaudited group results for the six months ended March 31 2017 and views it as solid.


Massmart disappointed by H1 sales trends so far

May 25 2017 13:49

Massmart says sales trends for the first half of 2017 have likely been disappointing, but it has grown market share in all key general merchandise categories.


Lewis feels impact of economic climate

May 24 2017 18:38

Lewis Group has posted its final audited results for the year ended March 31 2017 and reported a gross margin of 41.6% and headline earnings per share of 400.1 cents.


Major leadership changes at Lewis as profits slump

May 24 2017 08:41

The chairperson, a board member and the chief financial officer of Lewis Group have announced they are leaving as the retailer announced a 35.6% decline in HEPS.


Investors punish Rhodes as rand hits sales

May 23 2017 17:01

Rhodes Food Group reported growth in domestic markets, but did not fare as well in international markets, due to the stronger rand.


Woolworths appoints CEO for Australasia

May 23 2017 16:25

Woolworths has advised shareholders that the current CEO of David Jones will assume the role of CEO for WHL Australas.


Steinhoff alerts about information

May 23 2017 15:52

Steinhoff has published unaudited consolidated financial information for the comparative six months period ended 31 March 2016 on the group's websit.



See who paid R100.7m for Spur founder's shares

May 21 2017 15:55

A black-owned holding company with investments and operations in the gaming and leisure industry has bought more than 3 million shares in Spur Corporation.


Tiger Brands, Pioneer on the prowl

May 28 2017 06:00

Two of South Africa’s largest food companies, Tiger Brands and Pioneer Foods, are on the prowl for acquisitions.

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