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Africa is Pick n Pay’s second engine of growth

Apr 23 2017 06:00

Pick n Pay planned to open its first stores in Nigeria and Ghana within the next two years, the company said this week.


Christmas sales boost Clicks results

Apr 21 2017 11:28

Despite a constrained consumer spending environment, Clicks Group has managed to boost sales by 13.1% for the first half of the year.


Cashbuild updates on 3rd quarter operations

Apr 20 2017 17:04

Cashbuild says in its third quarter operational update that revenue for the company was down by 1% on the third quarter of the prior financial year.


Nestlé sales beat analysts' estimates

Apr 20 2017 09:45

Nestlé SA has reported revenue growth ahead of analysts’ estimates and an uptick in pricing, a signal of possible improvement in a sluggish food and beverage market.


Pick n Pay’s Zim partner shows strong earnings growth

Apr 19 2017 16:35

TM Supermarkets, the Zimbabwe-based associate of Pick n Pay, recorded strong performance for the 52 weeks ended February 26 2017.


Burberry sales miss estimates as demand shrinks

Apr 19 2017 09:59

UK luxury retailer Burberry says quarterly sales have missed analyst estimates as an accelerating decline in the America region countered gains in mainland China.


Pick n Pay profit rises as grocer adds fresh produce

Apr 19 2017 10:21

Pick n Pay has reported a 17% increase in profit as the supermarket chain extended its fresh-produce range and focused on keeping prices low.


UK franchise Las Iguanas heading to SA

Apr 18 2017 17:25

Gold Brands, the only listed fast-food retail company on the JSE AltX, is bringing Las Iguanas to South Africa.


PIC takes control of stake in Distell

Apr 12 2017 16:33

Anheuser-Busch InBev has completed the sale of its entire indirect shareholding in Distell Group Limited to the Public Investment Corporation.



AB InBev sees Africa as two-way street for boosting beer brands

Apr 12 2017 19:08

The world’s biggest brewer plans to sell packs of eight African beer brands outside the continent, including Castle, the dominant brand in South Africa, Kilimanjaro of Tanzania and Nigeria’s Hero.


Kidswear set to continue its boom

Apr 11 2017 17:53

One clothing trend which seems to be following a steep upward growth curve is the kidswear category.

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So, the worst has finally happened. S&P and Fitch officially downgraded SA to junk status following the ill-timed Cabinet reshuffle.

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