Retail | Fin24

Jack Ma heads toward retirement with Singles' Day record

Nov 12 2018 07:16

As Jack Ma prepares to step down as chairman of Alibaba Group, he does so after the online sales promotion he has championed for a decade notched another record.


KFC reopens in Zimbabwe after month-long economic closure

Nov 09 2018 14:36

Many visitors to an KFC outlet in central Harare on Friday quickly turned back after discovering that prices had increased.


Richemont shares down 5% after interim results announcement

Nov 09 2018 12:47

Chairperson Johann Rupert said the group was facing 'growing volatility in consumer demand, partly attributable to an uncertain economic and geopolitical environment,' but was confident in its 'ability to realise our long term ambitions'.


Foschini Group stocks climb over 2% on half-year results

Nov 08 2018 15:15

The Foschini Group on Thursday released its half-year results, reflecting headline earnings per share growth of 8.3% to 506c.


UPDATE: Not so fast, Mr. Tekkie, says Pepkor

Nov 07 2018 16:02

Mr. Tekkie's founders maintain Pepkor - formerly Steinhoff Africa Retail - has failed in its attempt to seek restraint of trade provisions against Mr. Tekkie's founders. But Pepkor says it emerged victorious.


Steinhoff report to police said to include three executives plus Jooste

Nov 07 2018 12:30

Steinhoff International has provided South African police with information about a set of transactions involving three more former executives who may have contributed to its accounting crisis.



Steinhoff class action must be dealt with sooner rather than later - attorney

Oct 29 2018 16:43

Attorneys from the International Steinhoff Litigation Group have said a global settlement would be in the interests of all shareholders, rather than actions seeking individual claims in different jurisdictions.


Lower food inflation, strikes and currency devaluation hit Shoprite sales

Oct 29 2018 12:06

Lower internal food inflation, a six-week strike and and currency devaluation in African markets have impacted Shoprite sales in the quarter ending September 2018.

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