ARTICLES RELATING TO RETAIL

Americans show their love for Valentine's Day

2015-01-27 16:30

Americans are feeling sweet about romance as Valentine's Day approaches, with consumers expected to spend big this year on candy, according to a survey.

Challenging environment remains - Lewis Group

2015-01-27 13:35

Trading conditions remain challenging with continued weak consumer demand and constrained employment still in evidence, says the Lewis Group.

Man United bring in Swissquote as trading sponsor

2015-01-26 20:00

Manchester United has signed a deal to make Swissquote their global forex and online financial trading sponsor, the latest of a series of commercial deals.

Imperial Tobacco launches caffeine mouth strips

2015-01-26 12:00

Imperial Tobacco Group is moving into caffeine as more people kick the deadly smoking habit, launching a melt-in-your-mouth strip designed to give an energy boost.

Premier Foods sees positives in supermarket wars

2015-01-23 13:19

The owner of Mr Kipling cakes and Bisto gravy, Premier Foods, could gain shelf space in the intensifying battle for shoppers among Britain's supermarkets.

UK aims to pass law to ban cigarette branding

2015-01-22 11:00

The British government says it will try to pass a law to force tobacco firms to sell cigarettes in plain packets without branding in England before May.

Spur buys gourmet brand to up niche presence

2015-01-21 15:10

The Spur Corporation is set to acquire the majority stake in a new niche brand with an American rock ambience.

Syd Vianello: Waving the big red flag on retail stocks

2015-01-20 15:40

Independent analyst Syd Vianello hasn’t got many comforting words for retail sector shareholders, and warns that something’s gotta give á la Ellerines, if excessive growth in space accompanied by marginal, or even negative growth in total volumes or total sales continues.

Retailers help UK's FTSE to extend winning run

2015-01-19 19:00

Britain's main share index has risen, extending a strong run, with retailers such as Tesco among the biggest gainers in response to a more upbeat view of the sector.

UK supermarkets braced for battle

2015-01-18 21:30

Four months into the job, Tesco boss Dave Lewis has wasted no time imposing a range of price cuts and customer service improvements.

Foschini buys UK's Phase Eight for £238m

2015-01-16 09:19

The Foschini Group has bought the holding company of British retailer Phase Eight for £238m in a deal that gives it access to European markets.

Woolworths sales rise, shares up

2015-01-15 10:36

High-end retailer Woolworths has reported a jump in sales over the first half of the year after receiving a boost from its takeover from David Jones.

Burberry hit by falling sales in Hong Kong

2015-01-14 17:50

A fall in sales in Hong Kong in the final quarter of 2014 could hit Burberry's full-year profitability, the British luxury brand says.

Massmart full-year sales increase

2015-01-14 13:24

Retailer Massmart has reported a rise in full-year sales as its building materials and home improvement business delivered a better performance.

Outrage in UK as Cadbury owner tweaks recipe

2015-01-13 09:45

Mondelez International, maker of Cadbury Creme Eggs, has tweaked the recipe of the chocolate shell ahead of Easter, sparking an angry response.

Truworths aiming at one stop clothing emporium

2015-01-09 21:15

After building up its women's wear and men's wear emporiums, Truworths is setting its focus to conquering the children's wear market, says CEO Michael Mark.

Ellerines in talks to sell Wetherlys

2015-01-08 19:05

Ellerines furniture arm of Abil is in talks to sell two more brand names, Wetherlys and the Geen & Richards brands.

Online delivery woes affect M&S sales

2015-01-08 16:07

Marks & Spencer has missed Christmas sales forecasts, hit by delivery problems at its online business.

Venezuelans mourning McDonald's fries

2015-01-07 17:18

Venezuelan fast-food lovers are mourning the disappearance of McDonald's golden staple: the french fry.

John Lewis may rein in Black Friday push

2015-01-05 12:11

British department store chain John Lewis has enjoyed the most lucrative week in its 150-year-history thanks to "Black Friday" business.

McDonald's fries back on the menu in all sizes

2014-12-29 10:15

McDonald's customers in Japan will be able to order french fries in all sizes again from next month, after the fast-food chain limited sales.

Gucci to check Chinese suppliers

2014-12-22 21:00

Gucci will strengthen controls on its suppliers after a television programme showed Chinese employees working more than their official hours.

Woolworths protesters arrested in Cape Town

2014-12-21 16:55

Four people have been arrested during a protest at the Woolworths store at Cavendish Mall, police say, but the reason for their detention is being questioned.

Walmart ordered to pay over employee dispute

2014-12-17 09:00

The Pennsylvania Supreme Court has ordered Walmart to pay about $188m to settle a class-action lawsuit filed by employees.

Third IMAX theatre opens in SA

2014-12-12 15:15

Ster-Kinekor has opened its third IMAX theatre in South Africa and has announced its plans for a fourth.

 

Lewis shares jump to all-time high

2015-01-27 15:54

Furniture company Lewis' revenue has grown in the nine months to December on strong sales during the festive season, sending its shares to an all-time high.

Steinhoff has green light for Pepkor deal

2015-01-27 12:04

Integrated retailer Steinhoff International says its shareholders have approved the company's acquisition of 92.34% of Pepkor.

Inflation may bite Russia grocers after boost

2015-01-26 16:30

Surging inflation may soon become a drag for Russian grocers after it helped boost sales last year, as a slide in the rouble tightens the squeeze on consumers.

Adidas takes hit due to weak rouble

2015-01-23 15:00

Adidas, the German sports shoe and casual clothing brand, says the decline in the rouble has hit its earnings in Russia, a key market.

The smoke around e-cigarette science

2015-01-22 16:10

From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar - from Mars!, the flavours of electronic cigarettes offer something for every taste.

Ethos buys controlling stake in AutoZone

2015-01-21 20:30

Ethos Private Equity has acquired a controlling stake in car-parts seller AutoZone for an undisclosed amount, it said on Wednesday, after selling a tyre retailer in November.

Thoughts on Ellerine

2015-01-20 17:19

Fin24 users share their experiences regarding Ellerine, under protection from creditors after its parent, African Bank, collapsed.

Unilever sees no improvement after weak 2014

2015-01-20 14:30

Consumer goods group Unilever is expecting another sluggish year, after a slowdown in emerging markets and flagging developed economies curbed demand.

M&S clothes lose universal appeal

2015-01-19 11:30

M&S has had a rising share price and signs of improvement in its clothes, but a disastrous Christmas brings the question of whether it needs a fresh direction.

Swiss watchmaker ticked off with central bank

2015-01-16 16:00

The Swiss National Bank's decision to abandon its cap on the franc could drive exclusive Swiss timepieces towards extinction.

KitKat lookalike could head to Concourt

2015-01-15 11:05

A food company has applied to the Constitutional Court to challenge a ruling which bars it from producing a KitKat lookalike.

SA's November retail sales up

2015-01-14 13:42

South Africa's retail sales rose 2.6% year-on-year in November, above market expectations but lower than a revised expansion prediction.

CEO ditched after Christmas sales plunge

2015-01-13 18:47

The pressure in Britain's supermarket sector has claimed its first scalp of the year with the departure of Morrisons’ CEO, after a plunge in Christmas sales.

McDonald's walks fine line with commercial

2015-01-13 09:15

The ad by the world's biggest hamburger chain McDonald's, that aired during the NFL playoffs and Golden Globes gets strong reactions and not everyone is lovin' it.

One step forward, one step back for Tesco

2015-01-09 15:00

The downgrading of Tesco's debt to "junk" status could limit its negotiating power on potential asset sales.

Tesco trying hard to cut costs

2015-01-08 17:23

Tesco has delivered its first salvo in a fight back against the growth of discount supermarkets by cutting the price of hundreds of branded products.

Sainsbury's elated about profits

2015-01-07 18:51

British grocer Sainsbury's has posted a better than expected performance in the Christmas quarter, though it is still facing an industry price war.

Cost cuts, asset sales in store for Tesco

2015-01-06 12:47

New Tesco boss Dave Lewis is expected to focus on cost cuts and asset sales when he provides an update on his plans to revive the troubled UK grocer's fortunes.

Melco Crown to delist in Hong Kong

2015-01-04 10:22

Casino operator Melco Crown Entertainment plans to delist its shares in Hong Kong after gambling hub Macau reported its first ever fall in casino revenues.

US wage hikes to impact 1 434 Walmart stores

2014-12-24 09:20

Minimum wage increases across the United States will prompt Walmart Stores to adjust base salaries at 1 434 stores, impacting about a third of its US locations.

New Tesco boss keeps investors, staff guessing

2014-12-22 16:45

When Phil Clarke was sacked as Tesco's CEO, senior executives hoped his very early morning strategy meetings would go with him.

Nando's stole my intellectual property - artist

2014-12-19 11:38

Global fast food brand Nando’s has been accused of intellectual property theft by a young South African photographer, City Press reports.

Black-owned SMEs a safe investment - Woolworths

2014-12-12 17:20

Ninety eight percent of the black-owned small to medium enterprises, financed by Woolworths, repay their soft loans on schedule, says the company.

S&P may downgrade Tesco to junk

2014-12-11 15:26

Ratings agency Standard & Poor's says it may downgrade Tesco after its latest profit warning, moving the UK grocer closer to losing its investment grade status.

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