Filed under: Local Company News
Johnnic Communications on Friday announced the acquisition by Exclusive Books of Van Schaik Bookstore, a division of VIA Afrika Limited, for an undisclosed sum, subject to certain conditions precedent, including Competition Commission approval. Prakash Desai, Johncom group CEO, commented: “Van Schaiks provides a natural synergistic fit with Exclusive Books.”
Filed under: Local Company News
Retailer Pick ‘n Pay Stores on Tuesday reported an 11% increase in diluted headline earnings per share to 160,79 cents for the year ended February from 144,92 cents a year ago — an 11% increase. Headline earnings per share before the reversal of a deferred tax asset of R46,4-million in relation to previous years’ Score operating losses was up 18% at 180,55 cents.
By David Abrahamse
07 May 2007
South Africa can expect a very different retail offering sometime in August 2007 with the opening of our first Wellness Warehouse in Cape Town’s Kloof Street Lifestyle Center.
Brothers, Carlos and Sean Gomes, previously of the Delarey 1001 Building Materials now Builders Warehouse have teamed up to open and roll out about 20 stores nationally.
Filed under: Local Company News
Spar Group’s first-half profit climbed as much as 30 percent, swelled by “buoyant” business conditions, the grocery, liquor and building materials distributor said yesterday.
Filed under: Local Company News
Net profit at Scooters Pizza owner Taste Holdings tripled as the firm gained from the economies of scale that come with owning an enlarged business.
