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Burger King sales slip in sign it's losing ground to rivals

Apr 26 2017 14:56

With its sales slipping in the latest quarter, Burger King may be losing ground to McDonald’s in the hard-fought battle for US fast-food customers.


AB InBev set to spur growth of beer brands

Apr 23 2017 06:53

Anheuser-Busch InBev (AB InBev) is looking to bring its Budweiser, Stella Artois and Corona beer brands to the local market and the rest of Africa.


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.

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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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