3G to use its cost-cutting playbook

2015-03-26 14:00

When Kraft Foods Group merges with HJ Heinz, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh.

Law firm rallies Tesco investors to join lawsuit

2015-03-24 20:00

A law firm is asking Tesco shareholders to join a group that wants to bring a lawsuit and seek billions in compensation for losses relating to the UK retailer's profit overstatement.

Tesco regains ownership of 21 UK superstores

2015-03-20 11:00

Britain's biggest retailer Tesco has regained sole ownership of 21 superstores in a deal that forms part of a plan to strengthen its core UK business.

Retail sales slow in January

2015-03-18 14:32

South Africa's retail sales have grown 1.7% year-on-year in January, below market expectations and lower than a revised 2% expansion in December.

Sainsbury's sales dip for fifth straight quarter

2015-03-17 11:00

British supermarket Sainsbury's has posted a quarter of declining underlying sales and says it does not expect the trading environment to improve any time soon.

McDonald's rethinks as rivals bite

2015-03-15 17:30

McDonald's must reinvent itself as a healthier, trendier option as customers turn to the competition.

Ocean Basket to expose 'unlawful copycat'

2015-03-13 07:31

Ocean Basket has set in motion a plan to expose a US-based food company for allegedly stealing its brand, the restaurant chain says.

KFC faces pressure after McDonald's move

2015-03-12 10:30

KFC may face pressure from environmental groups to change how its poultry are raised after McDonald's made the switch to raise chickens without human antibiotics

Digital natives key to SA's retail future

2015-03-10 16:01

People between the ages of 18 and 24 who grew up with the internet, interact more with retailers via social media than anyone else, according to a survey.

Online shopping ‘tiny’ in SA - survey

2015-03-10 11:26

South Africans still prefer physical shops as opposed to buying goods on the internet, according to a study.


Heinz-Kraft deal: The stories behind the brands

2015-03-26 09:59

The combination of HJ Heinz and Kraft Foods will bring many of the best-known brands under the same roof, here's a look at the history behind those products.

Edgars Zim records profit growth

2015-03-20 11:55

Results released by the Zimbabwean arm of Edcon show that full-year profit was up 22.29%, with overall profitability boosted by an 85% jump in finance income.

Starbucks steps into conversation about race

2015-03-19 11:04

Starbucks' campaign aimed at encouraging people to talk about race relations in the US is the latest example of a big company trying to tie its brands to social issues.

Youth no longer view cars as status symbols

2015-03-17 16:36

There has been a significant shift in how consumers view cars and millennials do not feel the need to own a car the way their parents did, says an expert.

McDonald's workers detail burns, job hazards

2015-03-17 08:54

McDonald's workers in 19 cities have filed complaints over burns from popping grease, a lack of protective equipment and other hazards, say labour organisers.

French 'yoghurt cartel' fined for fixing prices

2015-03-13 09:45

Things have turned sour for eleven French dairy product companies when France's competition watchdog slapped them with €192.7m in fines for fixing prices.

UK votes to ban cigarette pack branding

2015-03-12 12:00

Britain's parliament has approved legislation to ban branding on cigarette packs, drawing immediate threats of legal action from the $29bn tobacco industry.

Green light for Edcon acquisitions

2015-03-12 10:00

The Competition Commission has recommended that the Competition Tribunal approve retailer Edcon's acquisition of Celrose and Eddels without conditions.

M&S offers investors gift card for a dividend

2015-03-10 14:53

Marks & Spencer is to offer its private investors a gift card instead of a dividend payment as the British retailer rethinks the way it rewards shareholders.

Alec Hogg: Thoughts after attending Steinhoff presentation (video)

2015-03-08 20:43

Former Pick n Pay CEO Sean Summers now heads Steinhoff's UK and Australian operations, a conglomerate built at the time when people hated conglomerates.

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