Filed under: Local Company News
Mr Price Group’s first-quarter sales climbed 28 percent after it increased prices, the clothing and linens retailer said yesterday.
Filed under: Local Company News
Mass market retailer PEP Stores will rebrand itself today by removing “low prices” from its pay-off line. However, it has no intention of abandoning its core bottom-end market.
Filed under: International News
A massive one-time charge dragged down McDonald’s second-quarter results, released on Tuesday, as the fast food chain lost $711.7 million (R4.85 billion), only its second quarterly loss.
Filed under: Local News
The price perception battle between the country’s two biggest supermarket groups has taken a new turn, after a ruling that Shoprite must withdraw its advertisement claiming it offers the lowest prices “always”.
Filed under: International Company News
Delays in financing the takeover of Alliance Boots had placed a “moratorium on large-scale leveraged buyouts” that might weigh on European stocks, a UBS strategist said yesterday.
Filed under: Local News
Malawian businesswoman Faith Mawara has visited South Africa 13 times in the past year.
Filed under: Local Company News
Branded entertainment, such as that used by retailer Pep, has an advantage over traditional advertising in that it has greater credibility with consumers, according to BrandMetrics head Roger Sinclair.
Filed under: Local Company News
Truworths expected annual headline earnings a share to rise by between 30 percent and 35 percent, the fashion retailer said on Friday.
The introduction of stricter lending criteria under the National Credit Act has increased JD Group’s customer credit rejection rates by about 5 percentage points, according to the furniture retailer.
Filed under: Local Company News
National retailer Woolworths has been accused of copyright infringements related to the Banana Moon brand and trademark.
