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RETAIL CHAINS NEWS ON FASTMOVING

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Massmart wins grocery store battle

Massmart wins grocery store battle

31/05/2019 - 09:22
Massmart, which owns the Game and Makro chains and other smaller retailers, received a major boost after the Competition Commission said Spar, Pick n Pay, Shoprite and Woolworths should be barred from entering into long-term exclusive lease agreements. read more
Clicks and Pargo partners for online shopping delivery solution

Clicks and Pargo partners for online shopping delivery solution

27/09/2016 - 14:41
Pargo and Clicks Retailers have announced a partnership that will enable online shoppers to collect and return purchases in Clicks stores countrywide, whether they shopped at Spree, BidorBuy or OneDayOnly. Through the partnership, Pargo will grow its network of pick-up points to over 1,000 stores. read more
JSE climbs as Shoprite gains

JSE climbs as Shoprite gains

31/03/2014 - 08:49
Johannesburg - South African stocks rose more than 1% on Friday, capping their best weekly performance in six weeks as Shoprite and other companies sensitive to consumer spending advanced, a day after the central bank kept interest rates steady. read more
"Choppies Offer Was Sweetest For Supasave, Botswana

"Choppies Offer Was Sweetest For Supasave, Botswana

24/06/2013 - 11:21
The Competition Authority has revealed that Choppies was one of three suitors lined up to acquire 15-year-old retail group, SupaSave, winning the deal due to the superiority of its offer on the table. read more
Kenya: Has Tuskys bought out its rival in Nairobi?

Kenya: Has Tuskys bought out its rival in Nairobi?

22/05/2013 - 11:20
A local retail giant is said to have acquired a rival’s operations in Nairobi in a bid to consolidate its business in the city. read more
MillerCoors reports profit increase

MillerCoors reports profit increase

21/02/2012 - 09:05
SABMiller plc (SAB) and Molson Coors Brewing Company reported on Thursday that their joint-owned US unit MillerCoors' fourth quarter underlying net income increased 32.5% to US$194 million versus the fourth quarter 2010. read more
Top retailers avoid equity BEE partners

Top retailers avoid equity BEE partners

28/11/2011 - 08:35
Politically connected empowerment’s usual suspects are missing out on a combined market capitalisation of more than R160 billion as they are shunned by top JSE-listed retailers, which have chosen to rather give stakes to their staff and support struggling black entrepreneurs. read more