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Retail

Woolworths donates R500 000 to support medical workers

Mar 31 2020 16:48

Retailer Woolworths and its community loyal programme MySchool MyVillage MyPlanet have contributed a R500 000 donation to the Gift of the Givers Foundation to support medical workers.

Retail

Edcon, like SAA, 'on life support for a long time' - analyst

Mar 28 2020 07:00

Edcon has something in common with troubled state-owned airline South African Airways: it has been on life support for a long time, says Evan Robins, portfolio manager at MacroSolutions, Old Mutual Investment Group.

Retail

LISTEN | 'I’m gutted.' Edcon CEO in tears during call to suppliers

Mar 26 2020 17:55

On a conference call this morning, Edcon CEO Grant Pattison broke down, telling suppliers the company only has sufficient liquidity to pay salaries but is "unable to honour any other accounts payable during this period".

Retail

Spar, Makro, Pick 'n Pay named in coronavirus price gouging crackdown

Mar 25 2020 19:11

Authorities are investigating 30 cases of so-called price gouging involving branches of Spar, Pick 'n Pay, Checkers and Makro, for apparent price spikes on hand sanitisers, masks, toilet paper and other price-controlled essentials during the coronavirus outbreak.

Retail

RFG - which makes bully beef, jams and seasoning - is cashing in as consumers stock up

Mar 23 2020 14:51

RFG said that the outbreak had not yet impacted its manufacturing facilities, but it has picked up on increasing buying patterns of long-life products; canned meat, vegetables and baby food.

Retail

Steinhoff sees reduced turnover due to cornavirus pandemic

Mar 20 2020 20:21

Measures implemented to try and combat the spreading of the coronavirus pandemic have resulted in reduced turnover for Steinhoff International Holdings.

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