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Retail

Spar owner has 14 days to pay over R11m to staff for labour law violations

Feb 24 2020 16:24

The Commission for Conciliation Mediation and Arbitration has ordered an owner of eight Spar grocery stores to pay staff over R11.9 million for not complying with the National Minimum Wage.

Retail

Woolworths posts half-year fall in profit of over 10%, cuts dividend

Feb 20 2020 09:27

The retailer blamed SA's constrained economic environment, depressed clothing sales, power outages and the impact of bushfires in Australia.

Retail

Competition Commission gives nod to PepsiCo takeover of Pioneer Foods

Feb 11 2020 17:31

The Competition Commission has recommended that the Competition Tribunal give the green light to a R24bn transaction that will see PepsiCo take over Pioneer Foods, subject to conditions that will see the local economy benefit significantly, it said in a statement.

Retail

CNA sold to investment company

Feb 04 2020 13:19

The embattled Edcon Group has announced the sale of CNA to a consortium of investors led by JSE-listed Astoria Investments.

Retail

WATCH: Nike launches new Alphafly to outrun 'tech doping'

Feb 07 2020 20:30

Nike has launched a new running shoe that complies with limits set by World Athletics after the governing body imposed a landmark ban on a version of the sportswear giant’s Vaporfly shoes that was used to run the first sub-two hour marathon.

Retail

Tiger Brands announces new CEO as MacDougall retires

Jan 29 2020 09:19

The food and beverage group says its current chief financial officer, Noel Doyle, has been appointed its new CEO with effect from February 1.

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Retail

WATCH: Just Eat partners with McDonald's UK, tips earnings

Jan 28 2020 20:24

Just Eat - the food delivery platform currently being bought by Takeaway.com - is tipping last year's earnings to be at the top of its guidance range, and has announced a partnership with McDonald's.

Retail

Lewis share price rallies nearly 8% on trading update

Jan 28 2020 17:02

Furniture group Lewis reported sales growth of 6.9% for the third quarter of the year, mainly bolstered by Black Friday held in November.

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#BUDGET2020

Cuts to the public sector wage bill took centre stage at this year's Budget
 

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