Retailers could have investors smiling again

2017-12-04 12:13

The biggest companies in the retail sector – Mr Price, Massmart, TFG, Truworths and Woolworths – are trading at an average of 25% below their intrinsic valuations.

No compensation yet as producers suffer huge poultry culling losses

2017-10-12 09:51

The damaging effect of the bird flu outbreak is exacerbated by the delay in compensation by government, according to an analyst.

Price fears as bird flu hits chicken supplies

2017-10-10 18:13

Poultry producers have warned that the shortage of supply in poultry products, driven by the outbreak of bird flu, could result in higher prices.

Retailers’ vanishing fortunes

2017-06-14 09:37

A positive start for locally listed retail counters has ended up a false start for most. How have these stocks performed to date and what are analyst expectations going forward?

Retailers could face Christmas 'drought' of imported goods

2016-12-04 10:18

South African retailers could face a shortage of imported goods in their stores over the Christmas shopping period, as the authority that permits these goods to hit the shelves has a backlog of over 5 000 authorisations.

Short sellers besiege South African retailers

2016-07-06 20:01

Short sellers are taking aim at South Africa’s weakening economy by punishing the country’s retailers.

Woolworths set to beat full-year sales estimates

2015-07-15 10:33

Woolworths is poised to beat estimates with its annual sales next month after the upscale retailer said revenue has likely surged 55%.

Woolies eyes African expansion

2014-04-11 14:47

Woolworths aims to open 15 stores in sub-Saharan Africa, including in Kenya, Mauritius and Namibia, in two to three years, a senior official says.

Massmart to enter Angola

2014-04-08 16:38

Massmart Africa director Mark Turner says the retailer plans to enter oil-rich Angola with two stores by 2015, adding that going into Africa is not easy.

Marks & Spencer clothing sales fall

2013-07-09 12:08

Marks & Spencer has posted an eighth consecutive quarterly fall in underlying sales, putting pressure on management to deliver a swift turnaround, a report says.


Producers to boost biosecurity measures after bird flu outbreak

2017-10-12 16:34

SA poultry farmers, caught off-guard by the country's most severe bird flu outbreak, are scrambling to boost biosecurity measures as government considers rolling out a vaccination programme.

'Devastating' bird flu culling to cost Gauteng farm R65m

2017-10-11 10:45

A Gauteng poultry producer faces losses of up to R65m and the bird flu crisis has caused a devastating situation in the industry, says Gauteng agriculture MEC Lebogang Maile.

Retail giants trampling small black businesses

2017-06-14 11:31

South Africa’s big four grocery retailers are squeezing everyone else out of the market and making it impossible for independent businesses to survive, a Competition Commission inquiry has heard.

UK shoppers brace for new Brexit test

2017-01-09 17:09

British consumers, who helped the economy emerge largely unscathed from the Brexit vote, now face their next big health check.

Tough conditions take their toll on Mr Price

2016-11-14 15:02

We take a look at how the retailer’s various divisions performed in the past 26 weeks to the end of October.

Massmart sales shoot up by 9%

2015-11-10 11:32

Massmart has announced that sales have increased to R69.8bn, 8.7% higher than the previous corresponding 45-week period.

Six firms to pay up over tender collusion

2014-11-12 19:47

The Competition Tribunal has confirmed settlement agreements ranging from R150 000 to R4m for six furniture removal companies.

Lagos traffic a boon for online retail

2014-04-10 19:02

Online shopping is extremely relevant for Nigeria because of the traffic hassle people experience when going to a shopping mall, says Jumia CEO Jeremy Doutte.

Retailers unveil Bangladesh safety plan

2013-07-11 09:10

Nearly 20 North American retailers, including Walmart and Gap, have launched a five-year safety plan for Bangladesh garment factories.

Massmart cautions on soft sales growth

2013-05-22 12:34

Massmart says it expects lacklustre sales growth this year, as the unit of Walmart battles with weak consumer demand.

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