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FOOD RETAIL NEWS ON FASTMOVING

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Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Woolworths targets online retail growth

Woolworths targets online retail growth

04/09/2012 - 08:22
While online sales still account for a very small proportion of its overall turnover, retailer Woolworths is gearing up towards a change in the online landscape. read more
Massmart's food sales rake in R9bn

Massmart's food sales rake in R9bn

27/08/2012 - 10:35
After its first full year as a subsidiary of the US retail giant, Massmart's food business is looking much stronger.  read more
 Shoprite delays online grocery shopping

Shoprite delays online grocery shopping

31/07/2012 - 08:50
Shoprite had put the idea of an online grocery store on ice until consumers showed interest, the owner of Checkers, House&Home and OK Furniture stores said. read more
The Cavaleros Group reveals its sassy new look at Norwood Mall

The Cavaleros Group reveals its sassy new look at Norwood Mall

10/07/2012 - 08:52
The reconfiguration will ensure the best mix of retailers in positions which create a dynamic and convenient shopping experience.  read more
Massmart full-year sales top R61bn

Massmart full-year sales top R61bn

05/07/2012 - 09:50
Johannesburg - South African discount retailer Massmart Holdings [JSE:MSM] reported a 16% rise in full-year sales on Wednesday, a touch above analysts' estimates, boosted by the inclusion recently acquired stores. read more
Singapore state investor buys into SA’s Spar, as trend continues

Singapore state investor buys into SA’s Spar, as trend continues

19/06/2012 - 09:02
South African retailers continue to pique the interest of foreign buyers, with the Government of Singapore Investment Corporation acquiring a stake in Spar. read more
Massmart shuffles management to focus on Walmart

Massmart shuffles management to focus on Walmart

04/06/2012 - 08:44
Massmart has shuffled its top management to improve focus on day-to-day operations, to facilitate the drive into food retail and to respond to additional Walmart responsibilities. read more