Sainsbury's sales fall as King steps down
12/06/2014 - 11:40
London - Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as chief executive, Justin King, prepares to step down from the grocer after 10 years at the helm.
UK grocer Sainsbury's profit growth slows
09/05/2014 - 10:45
London - British grocer, J Sainsbury, posted a 5.3% rise in annual profit, its slowest growth in nearly a decade, illustrating the pressure the industry is under as a battle over prices, to combat the rise of the discounters, hots up.
Wal-Mart records loss on India transaction
29/04/2014 - 11:08
Bentonville, Ark. – Wal-Mart Stores Inc. incurred a net loss of $151 million in the process of ending its partnership with former Indian partner Bharti Enterprises.
Wal-Mart former chief retiring from board
25/04/2014 - 12:11
Bentonville, Ark. -- Wal-Mart Stores, Inc.has announced that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.
E Cape company signs deal with retail giant
25/04/2014 - 10:12
Stutterheim - The Ikusasa Green manufacturing plant, in Stutterheim, was officially opened by Economic Development, Environmental Affairs and Tourism MEC, Mcebisi Jonas, on Tuesday.