Advertise with fastmoving.co.za
 
 

FMCG NEWS ON FASTMOVING

Subscribe to fmcg

Unlocking the holy grail on Consumer data: data, transparency and value

Unlocking the holy grail on Consumer data: data, transparency and value

03/10/2019 - 11:17
Consumer data has become a sought-after asset for every kind of business, from financial services to FMCG. For a long time, retailers have been investing millions (and millions) of Rands trying to understand their consumer’s spending habits. All retailers want to be consumer-centric, to create behavioural change in a consumer’s life cycle and to maximise business-efficiency at every point in the value chain. We all want that. read more
JIT is key to optimising the FMCG supply chain

JIT is key to optimising the FMCG supply chain

23/07/2019 - 19:12
The ability to manufacture ‘just enough’ stock to cover orders and deliver ‘just enough’ product to every retailer is the optimal supply chain scenario in the Fast-Moving Consumer Goods (FMCG) industry. This is known as Just in Time (JIT) manufacturing and delivery. read more
Addressing the entire supply chain is key to driving consumer behaviour and creating loyalty

Addressing the entire supply chain is key to driving consumer behaviour and creating loyalty

03/07/2019 - 08:33
Changing consumer behaviour and creating loyalty throughout the supply chain are areas every FMCG manufacturer is trying to achieve. read more
10 Tips to kick-starting an FMCG product in the pharmaceutical space

10 Tips to kick-starting an FMCG product in the pharmaceutical space

28/05/2019 - 10:04
I was recently asked to give advice to someone wanting to launch an FMCG product in the pharmaceutical space in South Africa. My short answer was that it would prove tricky at this particular point and time. But of course, there are some tips to be shared from practical knowledge of the business, here are ten of mine.  read more
Barcoding the retail world

Barcoding the retail world

20/05/2019 - 10:32
In our daily lives, we hardly give the barcode a second thought. We only really come across it when we’re shopping and even then, it’s merely a ‘bunch of lines and spaces’ that helps us process the transaction and buy an item. read more
Clover set to return to profit in year to June

Clover set to return to profit in year to June

13/05/2019 - 10:15
Clover, which makes dairy-based foods and beverages, says it will return to profit in the year ending June 2019 after making its first annual loss in more than a decade in the prior year. read more
AVI hit by constrained consumer spending

AVI hit by constrained consumer spending

13/03/2019 - 12:42
Food and beverage company AVI Limited felt the pinch of constrained consumer spending as income from its shoe brands Green Cross and Spitz slid in the half year to December, resulting in revenue in the footwear and apparel category declining by 9.2 percent to R1.14billion. read more
Shares in Five Roses owner plummet after dismal trading update

Shares in Five Roses owner plummet after dismal trading update

28/01/2019 - 08:56
Fast moving consumer goods group AVI warned shareholders that its interim sales were flat and its headline earnings would decline by up to 7%. read more
What FMCG companies can learn from the online trading industry

What FMCG companies can learn from the online trading industry

18/12/2018 - 08:09
Fast-Moving Consumer Goods (FMCG) are, by their very nature, products that are designed to be sold quickly at a relatively low cost. Unlike luxury items that often need to sit on the shelf for an extended period of time in order to build up some exclusivity, FMCG products need to be sold as quickly as they’re advertised. With speed being the key ingredient in the FMCG industry, any weak links in the chain can harm a manufacturer's bottom-line. read more
Listeriosis outbreak haunts Tiger Brands

Listeriosis outbreak haunts Tiger Brands

23/11/2018 - 10:06
The Listeriosis outbreak in South Africa came back to haunt Tiger Brands, with the group reporting a 26 percent decline in headline earnings per share (Heps) to 1 587 cents a share during the year to end September, while revenue fell 9 percent to R15.87. read more
Black Friday spikes turnover for SMEs

Black Friday spikes turnover for SMEs

22/11/2018 - 10:50
Even though it is tempting to relegate Black Friday as just another marketing gimmick, the reality is that it signifies the start of a month-long consumer spending frenzy that significantly boosts retail revenues. read more
#WomensMonth: How do women fare in the South African retail market?

#WomensMonth: How do women fare in the South African retail market?

15/08/2018 - 09:06
While we focus on women in South Africa during the month of August and honour our constitution for declaring the 9th of August a public holiday; retailers continue to look closely at the overall economic status of women. How liquid is the average women consumer? What does she buy? Does she have the buying power in a household and what does that household look like?  read more
Supply chain risk management for resilience in grocery manufacturing

Supply chain risk management for resilience in grocery manufacturing

25/07/2018 - 16:11
Competitive. That is the one word that certainly describes the modern business environment best and a factor that drives many firms to expand their operations globally for cost-effectiveness. read more
Designing a resilient grocery supply chain

Designing a resilient grocery supply chain

22/06/2018 - 11:01
Supply chains are wonderful systems. Meticulously planned and managed to efficiently and effectively facilitate the flow of goods, services, information and cash between entities when, out of nowhere, supply chain risks and disruptions stick their heads out and muddle up the system. read more
FMCG suppliers neglecting the importance of the last 50 yards in the shopper journey

FMCG suppliers neglecting the importance of the last 50 yards in the shopper journey

01/05/2018 - 12:02
Too many FMCG suppliers still fail to understand the difference between the consumer and the target shopper, neglect the importance of the last 50 yards in the shopper journey and, as a result, are missing out on shopper conversion opportunities at the point of purchase. read more
Cocoa industry under attack for failing to act on child labour

Cocoa industry under attack for failing to act on child labour

20/04/2018 - 08:31
The cocoa industry is nowhere close to meeting its commitments to reducing child labour and environmental degradation and, in the top growers, the number of children working to produce the chocolate ingredient is actually increasing, according to a report. read more
Oreos to be made exclusively from sustainable cocoa

Oreos to be made exclusively from sustainable cocoa

18/04/2018 - 14:31
Mondelēz has committed to using only sustainable cocoa in the production of its Oreo biscuits from the end of March onwards. read more
Tiger Brands’ shares fall after it warns of declining revenue

Tiger Brands’ shares fall after it warns of declining revenue

21/02/2018 - 11:06
Fast moving consumer goods group says meaningful recovery depends on an improvement in the consumer environment. read more
Illovo appoints Boomtown for research project

Illovo appoints Boomtown for research project

21/02/2018 - 09:57
Africa’s biggest sugar producer, Illovo, has appointed Boomtown for a consumer research project.  read more
Portugal sees 4% FMCG growth in 2017

Portugal sees 4% FMCG growth in 2017

06/02/2018 - 14:22
Portugal’s FMCG market grew by 4.2% in 2017, with similar increases seen in sales of manufacturer brands (+4.3%) and private-label goods (+4.2%). read more
AVI expects stronger rand to lift earnings

AVI expects stronger rand to lift earnings

24/01/2018 - 08:20
Consumer brands group AVI expects a rise in half-year earnings lifted by a stronger rand read more
Global avocado sales expected to double in 2018

Global avocado sales expected to double in 2018

19/01/2018 - 16:04
Global avocado sales are expected to double this year, boosted by growing demand in China, according to the world's largest distributor of the fruit. read more
Colman's Mustard could cut ties with Norwich as Unilever mulls closure

Colman's Mustard could cut ties with Norwich as Unilever mulls closure

05/01/2018 - 13:37
Colman’s Mustard could be on the brink of severing its historical links with Norwich after Unilever said it was reviewing the future of its factory in the city. read more
SA goes cold turkey as retailers battle to source traditional fare

SA goes cold turkey as retailers battle to source traditional fare

12/12/2017 - 09:45
SA retailers battle to source traditional fare for the festive season. read more
Why FMCG brands should target consumers with small format OOH

Why FMCG brands should target consumers with small format OOH

30/11/2017 - 11:40
When it comes to marketing FMCG products, one would presume that virtually every consumer is a target and that the brand communication is going to reach those targets across the entire demographic spectrum.  read more
Tiger Brands eyes Africa expansion

Tiger Brands eyes Africa expansion

28/11/2017 - 10:39
Tiger Brands was looking for acquisitions outside SA and would place more emphasis on due diligence than in the past, management said on Monday. read more
Tiger Brands hit by strikes and tough market conditions

Tiger Brands hit by strikes and tough market conditions

27/11/2017 - 09:07
Strikes, a shrinking market and aggressive competition in the snacks and treats sector were among the reasons Tiger Brands gave for flat sales and lower profits for its 2017 financial year. read more
PriceCheck partners with Reckitt Benckiser

PriceCheck partners with Reckitt Benckiser

08/11/2017 - 16:32
Africa’s largest product discovery and comparison service, PriceCheck has announced its most recent effort to provide South Africans with a variety of product options at the best prices - partnering with Reckitt Benckiser, the British company behind Durex condoms, Nurofen tablets and Dettol cleaners. read more
CA Sales the third counter on 4AX

CA Sales the third counter on 4AX

08/11/2017 - 15:20
CA Sales made its debut on the 4 Africa Exchange (4AX) on Tuesday, becoming the third company to list on the exchange. read more
AVI shares jump on news of possible asset sales

AVI shares jump on news of possible asset sales

27/10/2017 - 08:48
Fast-moving consumer goods group AVI’s share price rose 4% to R98.45 on Thursday morning, after AVI announced the potential sale of some of its businesses. read more
Hunt in Poland pays off again for Bounty

Hunt in Poland pays off again for Bounty

29/09/2017 - 11:01
Bounty Brands, the fast-moving consumer goods business with plans to list on an international bourse and the JSE, has made another acquisition in Poland. read more
AVI’s full-year HEPS rise in line with guidance

AVI’s full-year HEPS rise in line with guidance

11/09/2017 - 11:17
Food producer AVI has reported a 9.4% rise in full-year headline earnings per share (HEPS) to R5.08, which was in line with its recent guidance. read more
European grocery market grows at fastest rate in three years

European grocery market grows at fastest rate in three years

04/09/2017 - 14:38
FMCG sales in Europe rose by 3.7% in the second quarter of 2017, the highest level for three years, according to new data from Nielsen. read more
AVI grows full-year revenue after lifting prices

AVI grows full-year revenue after lifting prices

25/07/2017 - 12:17
Food producer AVI grew its revenue 8.2% in the year to June, after increasing selling prices to mitigate against the effect of a weaker rand, which inflated input costs. read more
FMCG suppliers need to become master storytellers to succeed with grocery retailers

FMCG suppliers need to become master storytellers to succeed with grocery retailers

11/05/2017 - 14:14
With retail multiples looking to downsize their ranges, especially in the context of cost price negotiations prompted by recent currency fluctuations, FMCG suppliers need to become master storytellers to remain competitive. read more
FMCG growth soft in China but online trade outperforms

FMCG growth soft in China but online trade outperforms

11/04/2017 - 14:18
The growth in FMCG sales remained soft over the Chinese New Year (CNY) period, according to the latest figures from Kantar Worldpanel. read more
The FMCG products with huge growth potential in Africa

The FMCG products with huge growth potential in Africa

17/08/2016 - 12:26
No consumer market anywhere is the world is exempt from the demand for fast moving consumer goods (FMCG). In Africa, the demand for better quality and more sophisticated products and brands is increasing as populations grow and living standards improve. read more
Special Sessions keynote presentations by Accenture, ECOLAB, IRI and Nielsen

Special Sessions keynote presentations by Accenture, ECOLAB, IRI and Nielsen

29/06/2016 - 14:41
There was a host of special sessions at the Consumer Goods Forum Summit which covered issues from surviving the third era of digital and the ‘Internet of Things’ to ‘End-to-End Value Chain’ and navigating the new retail agenda. Key speakers included Mark Curtis, Chief Client Officer and co-Founder, Fjord, who described the trends and key success elements for brands willing to succeed in the digital space, and Steve Matthesen, Global President of Retail Vertical, Nielsen, who elaborated on consumers’ perspectives to explain the “why behind the buy." read more
South Africa to cut time to register new businesses, Rob Davies

South Africa to cut time to register new businesses, Rob Davies

22/06/2016 - 13:56
Issues impacting retailers, manufacturers under the spotlight at The Consumer Goods Forum Global Summit in Cape Town, 15 to 17 June  read more
Grocery retailing: Navigating the in-store digital divide

Grocery retailing: Navigating the in-store digital divide

09/06/2016 - 14:57
Grocery and other retailers in South Africa are still dramatically underestimating the impact that the onslaught of digital is having on the industry.  read more
Retailers need to look to ‘collaboration on supply-chain issues’

Retailers need to look to ‘collaboration on supply-chain issues’

21/09/2015 - 09:10
High costs, non-optimal inventory, poor demand forecasting, and unreliable and volatile service levels bog down South African retailers’ supply chains. read more
Namibia Retail Sector Charter to go ahead - Namibia

Namibia Retail Sector Charter to go ahead - Namibia

13/05/2015 - 11:10
Plans to implement the Namibia Retail Sector Charter (NRCS) by the Namibia Trade Forum (NTF) are on schedule despite poor attendance of meetings by stakeholders in the clothing/Apparel sector. read more
Top employer amongst global giants

Top employer amongst global giants

02/03/2015 - 13:01
In an article recently published on Fortune.com, FMCG giant, Unilever, was listed as the third most sought after employer in the world, following Google and Apple. With a clear mission and value statement, the multi-national organisation is leading the world on a journey to greater employee engagement. read more
Retail Charter confirmed - Namibia

Retail Charter confirmed - Namibia

26/01/2015 - 10:08
The Retail Charter is gaining momentum as Task Teams meeting to discuss the launch date, which is set for the third quarter of 2015. read more
Unilever sees no improvement after weak 2014 - UK

Unilever sees no improvement after weak 2014 - UK

22/01/2015 - 13:35
London - Consumer goods group Unilever expects another sluggish year, after a slowdown in emerging markets and flagging developed economies curbed demand for everything from soup to soap in 2014. read more
France fines washing powder firms

France fines washing powder firms

09/12/2011 - 08:25
Paris/Frankfurt - France’s competition authority slapped fines totalling $484m on Colgate Palmolive, Henkel and Procter & Gamble for fixing prices of washing powder in France from 1997 to 2004.  read more
Massmart achieves best performer status in latest JSE SRI Index

Massmart achieves best performer status in latest JSE SRI Index

07/12/2011 - 10:44
Massmart has been recognised as one of the best performers in the medium environmental impact category of the JSE’s 2011 Socially Responsible Investment (SRI) Index, the results of which were announced yesterday (6 December 2011). According to the results, the group's environmental and climate change practices were recognised as constituting best practice. read more
Australia approves Foster's takeover

Australia approves Foster's takeover

28/11/2011 - 07:50
Sydney - Australia on Friday approved brewer SABMiller's AU$9.9bn takeover of Foster's, but with strict conditions that will see key operations remain in the country.  read more
World premiere: instant genuine-or-fake authentication

World premiere: instant genuine-or-fake authentication

17/11/2011 - 11:05
AlpVision has made a big step forward in providing mobility for on the fly “Genuine or Fake” verification of molded parts with an iPhone4 mobile device. The application is suitable for many items, for example for fast-moving consumer goods containers for liquid, powder or tablets, which are present in millions of stores worldwide. Molded parts are heavily used in toys, footwear, home appliances, circuit breakers and many other products in industrial and consumer markets.  read more
CPA 'plain language' poser

CPA 'plain language' poser

16/11/2011 - 08:28
The Consumer Protection Act's requirement that information about products and services be presented to consumers in "plain and understandable" language, is challenging lawyers to find a legally acceptable consensus on how such language can be defined and applied in a way that complies with the law.  read more
Tiger Brands forecasts higher profits

Tiger Brands forecasts higher profits

15/11/2011 - 10:23
Branded fast-moving consumer packaged goods company Tiger Brands (TBS) said on Tuesday that it expected headline earnings per share (HEPS) to reflect an increase of between 10% and 15% for the year ended September 2011, from R13.93 previously. read more
Cadbury to launch confectionery range in new packaging

Cadbury to launch confectionery range in new packaging

05/10/2011 - 10:53
UK-based brand and packaging design agency Slice Design has created a new look for Kraft Foods' Cadbury’s range of Christmas confectionery.  read more
Grain and oilseeds joint venture in South Africa to go ahead

Grain and oilseeds joint venture in South Africa to go ahead

03/10/2011 - 13:45
The Competition Commission has approved a joint venture agreement between Bunge SA and Senwes Limited and has issued a merger clearance certificate.  read more
Growing the mushroom business

Growing the mushroom business

28/09/2011 - 09:56
Denny Mushrooms, recently sold by AVI as branding mushroom products was no longer viable in the face a wide range of cheaper imported products, will look to grow its business by increasing sales among upper-income black consumers. read more
Boost for BOS brand

Boost for BOS brand

28/09/2011 - 09:17
Local ice-tea brand gets a boost with news that Manchester United manager Sir Alex is taking a 10% stake, InVenFin part of investment giant Remgro is taking 20% read more
PepsiCo toasts agricultural partnership with Chinese government

PepsiCo toasts agricultural partnership with Chinese government

23/09/2011 - 11:24
PepsiCo has signed a Memorandum of Understanding with the Ministry of Agriculture of the People's Republic of China to promote "sustainable agriculture projects". read more
World’s poorest face soaring food prices

World’s poorest face soaring food prices

23/09/2011 - 10:23
Report warns new round of food inflation with severe hikes in the price of basic foodstuffs is plunging many of the world’s poorest people into deeper poverty and into situations of severe hunger and malnutrition read more
Bunge-Senwes deal passed

Bunge-Senwes deal passed

23/09/2011 - 10:16
The Competition Commission has approved a joint-venture agreement between global agribusiness and food company Bunge Europe and South African agribusiness company Senwes to develop grain and oilseed operations in SA.  read more
Russian wheat seeks new markets

Russian wheat seeks new markets

21/09/2011 - 10:15
Russian wheat exporters aim to ramp up sales to nascent markets such as South America due to their cheap price edge, which may also give a boost to freight rates which are struggling with a ship glut. read more
Ububele profits down

Ububele profits down

16/09/2011 - 12:34
Ububele Holdings on Thursday posted a drop in headline earnings per share from continuing operations to 4.75 cents in the year ended June, from 8.30 cents previously. read more
Consortium buys Denny Mushrooms

Consortium buys Denny Mushrooms

15/09/2011 - 10:43
A consortium consisting of key management members, RMB Ventures and Pan-African Private Equity Fund 1 have concluded a management buyout of Denny Mushrooms.  read more
Confectionery sector leads launch activity in first half of 2011

Confectionery sector leads launch activity in first half of 2011

13/09/2011 - 08:31
Innova Market Insights reports that confectionery was the leading food and drinks sector in terms of global launch activity in the first half of 2011. This occurred despite the industry having a rough ride in 2010, as a result of rising prices in the wake of increasing raw material costs, particularly for cocoa and sugar.  read more
Standard Bank sees sugar output growth in Africa

Standard Bank sees sugar output growth in Africa

12/09/2011 - 09:38
South Africa's Standard Bank expects sugar production in Africa to grow, supported by increased demand and firmer prices, its head of investment banking said.  read more
Tiger Brands Can Use Debt as ‘Firepower’ for African Purchases, CEO Says

Tiger Brands Can Use Debt as ‘Firepower’ for African Purchases, CEO Says

09/09/2011 - 10:10
Tiger Brands Ltd. (TBS), South Africa’s largest food company, said it can boost its levels of debt to make acquisitions across the continent as it expands outside its home market.  read more
Clover forecasts higher profits

Clover forecasts higher profits

09/09/2011 - 09:03
Clover Industries (CFR) said on Thursday that headline earnings per share for the 2011 financial year were likely to increase to 113.84 cents from 33.07 cents previously. read more
Strong consumer demand boosts AVI

Strong consumer demand boosts AVI

05/09/2011 - 12:55
Johannesburg - Branded consumer products group AVI [JSE:AVI] on Monday reported a 31.1% rise in diluted headline earnings per share (Heps) from continuing operations to 239.7 cents for the year ended June 2011, from 182.9c a year ago. Heps from continuing operations was up 31% to 248c.  read more
Denny Mushroom merger approved

Denny Mushroom merger approved

02/09/2011 - 16:09
Johannesburg - The Competition Tribunal has approved the merger between Blue Falcon and Denny Mushrooms.  read more
GI and Diabetes SA endorsement logos get official approval

GI and Diabetes SA endorsement logos get official approval

26/08/2011 - 10:55
The GIFSA and Diabetes SA endorsement logos have been officially approved by the Dept of Health, reports Jan Delport of the GI Foundation of South Africa. R146, the new labelling regulations, requires all food endorsement logos to get approval from the DoH. read more
Country Bird posts profit increase

Country Bird posts profit increase

24/08/2011 - 08:14
Poultry producer Country Bird Holdings (CBH) on Tuesday posted a 178% rise in diluted headline earnings per share to 64.57 cents for the year ended June, from 23.25 cents in the previous comparable period. read more
Kraft Foods: going separate ways

Kraft Foods: going separate ways

19/08/2011 - 11:38
Last week Kraft Foods announced its intention to split into a global snacks business with estimated sales of US$32bn and a US grocery business with read more
The search is on for SA's best olive oils

The search is on for SA's best olive oils

19/08/2011 - 09:39
South Africa’s top olive oils have just been put to the test at the Nederburg Auction Complex in Paarl during the judging of the sixth olive oil competition presented by SA Olive, the voluntary association representing the SA olive industry. Exciting news is that an internationally renowned judge has joined the formidable South African judging panel. In addition, the competition drew 58% more entries than previous years.  read more
Two major newcomers plan to spice up SA's FMCG food market

Two major newcomers plan to spice up SA's FMCG food market

17/08/2011 - 15:59
SA’s fast-moving consumer goods (FMCG) market is set for a shakeup. At the retail level Walmart will see to it. At the product-supply level two new foreign entrants, Iffco Worldwide and Diplomat, aim to do the same, reports The Financial Mail. read more
SABMiller make new offer for Foster’s

SABMiller make new offer for Foster’s

17/08/2011 - 08:40
SABMiller has made a new offer to acquire the Australian brewer after the original offer was rejected read more
Bright Food Says It’s Agreed to Buy Majority Stake in Australia’s Manassen

Bright Food Says It’s Agreed to Buy Majority Stake in Australia’s Manassen

15/08/2011 - 10:29
Bright Food Group Co., China’s second-largest food company, agreed to buy a majority stake in Australia’s Manassen Foods.  read more
Nestle’s Biggest Takeover in China Creates 23% Return at No Risk: Real M&A

Nestle’s Biggest Takeover in China Creates 23% Return at No Risk: Real M&A

15/08/2011 - 10:17
Nestle SA’s biggest acquisition in China is giving traders a chance to reap a 23 percent profit without the risk of losing any money on the deal.  read more
Warning of spike in commodity and food prices

Warning of spike in commodity and food prices

15/08/2011 - 09:32
South Africans should brace themselves as commodity and food prices are expected to be a lot higher next year, driven mainly by unreliable weather, the Bureau for Food and Agricultural Policy says.  read more
Starbucks Supplier May Buy Instant Coffee Maker

Starbucks Supplier May Buy Instant Coffee Maker

12/08/2011 - 09:33
Tata Coffee Ltd, Asia’s largest publicly traded grower of the bean, plans to spend more than five billion rupees ($110 million) to acquire an instant coffee maker in Europe in a bid to boost profit margins.  read more
Rosenfeld wakes market with Kraft split plan

Rosenfeld wakes market with Kraft split plan

08/08/2011 - 09:27
Kraft Foods Inc (KFT.N: Quote) CEO Irene Rosenfeld ended her victorious five-month battle for British chocolatier Cadbury last year saying she wanted a good night's sleep. read more
Is Augmented Reality right for your brand?

Is Augmented Reality right for your brand?

05/08/2011 - 08:56
Augmented reality (or "AR," is it?) is the next "it" when it comes to marketing. Big time players like BMW, Ben & Jerry's Ray-Ban, and eBay -- and even those without a "B" in their name, such as Audi -- are jumping on the augmented reality bandwagon.  read more
Adcock Ingram acquisition of NutriLida gets Competition Commission Approval

Adcock Ingram acquisition of NutriLida gets Competition Commission Approval

04/08/2011 - 15:10
Adcock Ingram has been given unconditional approval by the Competition Commission to acquire Johannesburg-based supplements business NutriLida Healthcare. The acquisition, which comes into effect on 1 August 2011, will further strengthen Adcock Ingram’s position as the leader in the vitamins, minerals and supplements (VMS) market, while increasing its market share in the broader fast moving consumer goods (FMCG) market.  read more
Expert: Walmart gives SA global reach

Expert: Walmart gives SA global reach

27/07/2011 - 10:16
Johannesburg - South Africa is not benefiting from "global value chains", but Walmart's acquisition of Massmart Holdings offers some hope, Professor Stephen Gelb of the University of Johannesburg said on Tuesday. read more
Walmart to sell SA hake

Walmart to sell SA hake

26/07/2011 - 10:31
Johannesburg - Lonrho's seafood division Oceanfresh is to supply hake fillets to Walmart stores in the US from October, it said on Monday. read more
Kellogg’s real people, real lives, real stories

Kellogg’s real people, real lives, real stories

25/07/2011 - 14:06
When you want to hear the truth, get it straight from your target market’s mouth! That’s the premise of Kellogg’s All-Bran’s new television campaign, featuring real brand advocates. read more
Govt doesn't want to block Walmart deal

Govt doesn't want to block Walmart deal

25/07/2011 - 10:44
Johannesburg - Government is not seeking to overturn competition regulators' approval of Walmart buying control of local retailer Massmart Holdings, but wants tougher conditions for the deal, the Business Day newspaper reported on Monday. read more
Walmart deal hits Massmart profit

Walmart deal hits Massmart profit

25/07/2011 - 09:53
Retail group Massmart Holdings said on Monday it is expecting headline earnings per share of between 397c and 442.4c for the 52 weeks to June 26 2011. read more
State won't veto Walmart deal - official

State won't veto Walmart deal - official

22/07/2011 - 14:04
Cape Town - The government is not considering a veto of the Walmart-Massmart merger, but believes public interest concerns make a review essential, economic development director-general Richard Levin told MPs on Thursday. read more
State’s court bid to undo Walmart merger

State’s court bid to undo Walmart merger

21/07/2011 - 11:04
IN A move that will set alarm bells ringing in the minds of potential investors, the government is seeking to overturn the Competition Tribunal’s decision to allow Walmart’s takeover of Massmart . read more
Illovo expands green power projects

Illovo expands green power projects

21/07/2011 - 10:00
ILLOVO Sugar, Africa’s largest producer, is growing its biofuels and power generation capacity as it expands production outside SA. read more
Caturra Coffee Company offers 100% compostable packaging

Caturra Coffee Company offers 100% compostable packaging

21/07/2011 - 08:58
Caturra Coffee Company allies with Natureflex™ films to offer 100% compostable packaging to FMCG and the Horeca Industry read more
Walmart/Massmart merger legislation sufficiently robust to protect interests of all stakeholders

Walmart/Massmart merger legislation sufficiently robust to protect interests of all stakeholders

20/07/2011 - 15:48
In line with the revised parliamentary portfolio committee hearing rules announced by the Chairperson of the portfolio committee at the start of proceedings yesterday, Massmart CEO Grant Pattison’s submission before parliament today dealt primarily with the competition approval process, while highlighting some of the merger benefits.  read more
Walmart pledges to spend R60bn on food

Walmart pledges to spend R60bn on food

20/07/2011 - 14:30
Cape Town - Walmart's South African operations plan to purchase R60bn worth of food locally and employ 15 000 people over the next five years, Massmart CEO Grant Pattison said on Wednesday.  read more
Woolworths profit to jump

Woolworths profit to jump

19/07/2011 - 09:23
Johannesburg - Retailer Woolworths Holdings has reported group sales increased 9.4% for the year ended June 26 2011, with sales in comparable stores up 6.3%. read more
Massmart announces senior appointment to head up R100 million Supplier Development Programme

Massmart announces senior appointment to head up R100 million Supplier Development Programme

15/07/2011 - 10:01
In line with Massmart and Walmart’s commitment to develop local suppliers, Massmart announced the appointment of Mncane Mthunzi, current CEO of the Consumer Goods Council of South Africa (CGCSA), as Supplier Development Executive.  read more
Walmart hearing may launch debate on new laws

Walmart hearing may launch debate on new laws

14/07/2011 - 10:45
LOCAL competition attorneys plan to use next week’s parliamentary hearing into Walmart’s takeover of Massmart as an opportunity to warn against meddling with the country’s antitrust legal framework. read more
AVI sells Denny Mushrooms

AVI sells Denny Mushrooms

13/07/2011 - 10:53
Johannesburg - Food group AVI will sell 100% of the issued share capital of and AVI's shareholder claims against Denny Mushrooms to Blue Falcon 134 Trading. read more
Massmart wants 100% of Fruitspot

Massmart wants 100% of Fruitspot

12/07/2011 - 14:36
South African discount chain store Massmart , majority controlled by US giant retailer Wal-Mart , is looking to take over fruit and vegetable supplier The Fruitspot, a spokesman said on Tuesday. read more
Nestlé buys 60% of Chinese confectioner

Nestlé buys 60% of Chinese confectioner

12/07/2011 - 08:56
Singapore - Nestlé, the world’s largest food company, is paying a hefty $1.7bn for a 60% stake in confectioner Hsu Fu Chi International to move deeper into fast-growing markets in China.  read more
Massmart sales up 12% over past year

Massmart sales up 12% over past year

11/07/2011 - 09:15
Johannesburg - Retailer Massmart Holdings said on Thursday that for the 52 weeks to 27 June 2011, total sales increased to R53bn - growth of 11.7% over the prior period - and comparable store sales grew 5.2%. read more
“Walmart effect” in South Africa as Pick n Pay supermarket to cut over 3000 jobs

“Walmart effect” in South Africa as Pick n Pay supermarket to cut over 3000 jobs

11/07/2011 - 08:49
8 July 2011 - Nyon, Switzerland: UNI Global Union said today that the announcement from South African supermarket chain Pick n Pay that it plans to cut about 3137 jobs from its workforce is a clear sign of the “Walmart effect” it believes the world’s biggest retailer will have on South Africa as it prepares to enter the country.  read more
SA retailers lose allure after Walmart

SA retailers lose allure after Walmart

08/07/2011 - 16:42
Johannesburg - After a stellar run in the months leading up to US retailer Walmart’s R16.5bn bid for Massmart, South African retailers are now seen offering little value to investors.  read more