WHOLESALERS NEWS ON FASTMOVING

The bleak global economic outlook also steals the glint from local retailers' eyes. According to Nedbank economists Dennis Dykes and Johannes Khosa, the outlook will hurt consumer confidence and heighten concerns over job security, which will make consumers more cautious about spending.  read more

It has been a solid first quarter for MillerCoors - the joint venture in the US between SABMiller and Molson Coors Brewing Company - driven by strong mix, positive pricing and unseasonably warm weather. read more