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Easter no mini retail Christmas due to strike

Apr 20 2014 16:00

Usually, the Easter weekend is like a mini Christmas for retail sales, but due to the long platinum strike an economic tragedy is unfolding, say retailers.


Spaza shops suffer as big retail rolls in

Apr 20 2014 11:53

More and more owners of spaza shops barely manage to keep afloat as more of their customers head elsewhere.


Strike at giant shoemaker's China plant

Apr 17 2014 16:30

Tens of thousands of workers have joined an escalating strike at a Chinese plant of Taiwan's Yue Yuen Industrial.


Increased holdings in Woolworths

Apr 16 2014 17:32

Accounts under management of Coronation Asset Management have increased the holding in Woolworths.


Retail sales growth disappoints

Apr 16 2014 14:52

Retail sales grew by a lower-than-expected 2.2% in February compared with a revised 6.4% in January, according to Statistics South Africa.


Burberry revenue jumps

Apr 16 2014 12:57

British luxury goods group Burberry has shrugged off industry jitters about slowing growth in China to post a rise in second-half revenue


Tesco's annual profit slumps

Apr 16 2014 11:50

Britain's biggest retailer Tesco says it has seen no let up in sight as it posted a fall in annual profit, its second straight year of decline.


Massive China shoe factory strike rolls on

Apr 15 2014 15:30

Thousands of workers at a giant Chinese shoe factory has shrugged off an offer for improved social benefits, prolonging one of the largest strikes in China.


Imperial Tobacco to shut UK, France factories

Apr 15 2014 14:24

Imperial Tobacco plans to shut cigarette factories in England and France with the loss of about 900 jobs as it grapples with declining sales in Europe.


Pick n Pay profit up 25% under new CEO

Apr 15 2014 08:50

Pick n Pay has snapped three years of profit decline, a sign that a turnaround plan under its newly appointed chief executive is bearing fruit.


Rising wages hit Bangladesh garment makers

Apr 14 2014 09:42

Bangladesh garment factory owners say they are soaking up much of the cost of nearly doubling wages as some global retailers balk at price hikes.



Steinhoff to list shares of European unit

Apr 14 2014 07:47

Furniture and household goods maker Steinhoff plans a stock market listing for its European unit this year, according to a German magazine.


Massmart CEO could be R55m richer

Apr 13 2014 15:57

Outgoing Massmart CEO Grant Pattison could pocket about R55m when he decides to cash in all his shares and options.

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.

ANCYL: Not voting would be blasphemy

Not voting in the forthcoming elections would be blasphemy, the ANCYL says in a statement commemorating the 50th anniversary of struggle icon Nelson Mandela's Rivonia trial speech.


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