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Nederburg maker Distell lifts earnings, even as sales fall

Nederburg maker Distell lifts earnings, even as sales fall

04/03/2019 - 13:08
Distell Group, which makes Nederburg wines and Klipdrift brandies, reported a double-digit increase in earnings for the six months to December, even as sales volumes fell in SA.  read more
Retail barometer sheds light on festive season trade and new age of consumer culture

Retail barometer sheds light on festive season trade and new age of consumer culture

01/03/2019 - 14:24
Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.  read more
Shoprite shareholders to tighten belts

Shoprite shareholders to tighten belts

26/02/2019 - 15:11
Shoprite shareholders have had their interim dividend cut 24% as the grocery chain battles with losses from outside SA, and shrinking profit in its home market. read more
Tiger Brands says margins are being squeezed

Tiger Brands says margins are being squeezed

21/02/2019 - 09:07
Tiger Brands, like its competitors in the food-producer arena, says it has not been able to fully pass on higher input costs to consumers in the depressed trading environment. read more
 Investors shave R15bn off Shoprite after dire report

Investors shave R15bn off Shoprite after dire report

31/01/2019 - 10:00
Investors shaved R15bn off the value of Shoprite after Africa’s biggest retailer by market capitalisation issued a dire trading warning. read more
Pepkor difficult to price in shadow of Steinhoff

Pepkor difficult to price in shadow of Steinhoff

29/01/2019 - 09:09
General goods retailer Pepkor, formerly known as Steinhoff Africa Retail, released solid numbers for the three months ended December despite challenging trading conditions.  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
Tiger Brands reopens Polokwane polony factory

Tiger Brands reopens Polokwane polony factory

10/12/2018 - 08:48
SA authorities have given food maker Tiger Brands permission to re-open a factory closed after the world’s biggest listeria outbreak was traced to one of its facilities, the company said. read more
Ghost of listeriosis past: Tiger Brands faces multimillion-rand class action

Ghost of listeriosis past: Tiger Brands faces multimillion-rand class action

04/12/2018 - 13:59
The material impact of the damage to Tiger Brands could be hundreds of millions of rand, according to analysts, after the High Court granted an order certifying a class action against the food producer as a result of the listeriosis outbreak that killed 200 people early this year. read more
Lowe’s to ditch Mexico stores in further streamlining

Lowe’s to ditch Mexico stores in further streamlining

21/11/2018 - 11:23
Lowe’s stated it was looking to shed its retail operations in Mexico and certain noncore US businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot.  read more
Richemont finds a new online paradigm

Richemont finds a new online paradigm

21/09/2018 - 08:57
Rupert family-controlled luxury goods conglomerate Richemont remains one of the default options for investors rattled by a ravaged rand, despite a rather demanding market rating. read more
Clover’s earnings to rocket

Clover’s earnings to rocket

13/08/2018 - 09:41
Clover’s share price climbed 4.11% after it said it expected a threefold increase in full-year headline earnings per share.  read more
H&M set to cut dividend for first time next year

H&M set to cut dividend for first time next year

03/05/2018 - 13:49
In an unprecedented move, it’s thought Hennes & Mauritz (H&M) will cut its dividend for the first time ever next year as the retailer struggles to get shoppers in stores. read more
Verimark shares soar after upbeat trading statement

Verimark shares soar after upbeat trading statement

12/04/2018 - 13:45
Marketer Verimark’s share price jumped 26% to R1.02 after it issued an upbeat trading statement. read more
Shopping centre sales heading for growth

Shopping centre sales heading for growth

08/03/2018 - 13:36
After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.  read more
Listing helps boost Sea Harvest profit

Listing helps boost Sea Harvest profit

07/03/2018 - 16:03
Sea Harvest, the recently listed fishing enterprise controlled by Brimstone Investment Corporation, netted a sizeable profit haul in the year to end-December. read more
Strong global demand for Cape hake helps Sea Harvest shares

Strong global demand for Cape hake helps Sea Harvest shares

05/02/2018 - 14:44
Sea Harvest’s share price rose 4% on Monday, on the expectation of improved performance in SA, driven by strong market demand for Cape hake globally and the performance of investments the group has made in Saldanha Bay processing plants. read more
Trading hardship continues for Italtile

Trading hardship continues for Italtile

17/11/2017 - 11:19
Italtile says weak trading conditions in the second half of the financial year persisted in the 19 weeks from July 1 to November 10. read more
Target's holiday-quarter profit forecast disappoints, shares dip

Target's holiday-quarter profit forecast disappoints, shares dip

15/11/2017 - 15:31
Target Corp (TGT.N) issued a disappointing profit forecast for the key holiday quarter as it continues to depend on price cuts to drive traffic to its stores and online, sending its shares down 4 percent in premarket trading.  read more
Luxury goods group Richemont sharpens online focus with two new appointments

Luxury goods group Richemont sharpens online focus with two new appointments

22/09/2017 - 09:18
Luxury goods retailer Richemont has signalled a shift in focus with the creation of a new role — chief technology officer. read more
Trading conditions squeeze Woolworths’ growth hopes

Trading conditions squeeze Woolworths’ growth hopes

17/07/2017 - 08:40
Investors are lowering their expectations for Woolworths as the outlook for the local retail sector deteriorates. read more
Retailers fall victim to time’s cruelty

Retailers fall victim to time’s cruelty

18/04/2017 - 09:18
Major retailers review their strategies to survive tough trading environment. read more
Informal vendors unhappy with City's proposed trading plans

Informal vendors unhappy with City's proposed trading plans

09/07/2014 - 11:10
A 38-year-old fruit vendor, in the city centre, says it is not clear if he will be benefiting from the City of Cape Town’s proposed plan to allocate new trading bays. read more
JSE will pause for Nelson Mandela

JSE will pause for Nelson Mandela

06/12/2013 - 09:13
Johannesburg - The Johannesburg Stock Exchange said it will pause trade for five minutes at 11am (09h00 GMT) on Friday to mark the passing of former president Nelson Mandela.  read more
Futures flat in quiet trade

Futures flat in quiet trade

06/06/2012 - 08:48
Futures were flat in quiet trade on Tuesday‚ with markets awaiting the outcome of the G7 meeting and central banks’ rate decisions. read more
Shoprite bonds trading on Monday

Shoprite bonds trading on Monday

28/05/2012 - 08:27
Today is the first day of trade for Shoprite’s convertible registered bonds on the JSE after the group received approval on Friday. read more
Retailers shrug off Harare order

Retailers shrug off Harare order

10/02/2012 - 10:23
Spar, Shoprite and Pick n Pay have shrugged off an indigenisation broadside from the Zimbabwean government, which was reported to have issued a directive yesterday that licences for foreign-based chains not be renewed to facilitate localisation of the businesses. read more
HCI’s offer for KWV is unfair, say directors

HCI’s offer for KWV is unfair, say directors

31/01/2012 - 08:19
The independent members of the KWV board have told KWV shareholders that the R8.50 a share offer from Hosken Consolidated Investments (HCI) is not fair. read more