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Fast food expired meat scandal spreads

Jul 22 2014 09:36

A toxic food scandal in China is spreading fast, dragging in US coffee chain Starbucks and Burger King Worldwide, as well as McDonald's products in Japan.


Glenfiddich in £100m Drambuie deal

Jul 22 2014 08:44

Glenfiddich, the scotch whiskey business owned by William Grant & Sons, is looking to buy Drambuie, the brand owned by the MacKinnon family, reports Sky News.


Disastrous end for Tesco CEO's turnaround plan

Jul 21 2014 10:59

Tesco boss Philip Clarke spent more than £1bn on a failed turnaround plan which achieved little and made both customers and shareholders feel let down.


Tesco boss to leave after profit warning

Jul 21 2014 08:38

Britain's retail giant Tesco says its chief executive Philip Clarke is to step down after the retailer issued a profit warning.


Court gives Woolies go-ahead on David Jones

Jul 17 2014 08:57

The Federal Court of Australia has approved Woolworths' takeover of David Jones, the South African retailer says.


Starbucks challenges Colombian rival

Jul 17 2014 09:43

US-based global coffee behemoth Starbucks has jolted the Colombian coffee scene by opening a three-storey shop just a few metres away from the local favourite.


General dealers help to up retail sales

Jul 16 2014 14:08

Retail trade sales have increased year-on-year in May 2014, with the main contributors being general dealers, says Statistics SA.


Pernod Ricard SA shows strong results

Jul 15 2014 14:15

Despite a tougher trading environment, Pernod Ricard SA has reported strong interim results, especially by the South African domestics market.


Sotheby's plans live auction via eBay

Jul 14 2014 19:35

Sotheby's and eBay have announced a partnership to make it easier to buy antiques, collectibles and works of fine art online.


Shoprite annual profits grow

Jul 14 2014 11:34

Retail group Shoprite has increased its total turnover by 10.5% to about R102.2bn, despite pressure on consumers' disposable income.


David Jones shareholders back Woolworths bid

Jul 14 2014 10:14

Shareholders of iconic Australian retailer David Jones have approved Woolworths' $2bn takeover bid, voting to create a southern hemisphere department store giant.



Lindt eyes sweet taste of Russell Stover

Jul 14 2014 08:21

Swiss chocolatier Lindt & Spruengli is considering buying US company Russell Stover, famed for its boxed chocolates, for about $1.5bn, a report says.


Retail gets connected

Jul 11 2014 18:00

Mobility. Big Data. Technology touchpoints. The South African retail landscape is set to change drastically over the next few years.

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