Algoran is proud to be apart of the team that opened Clicks 150th pharmacy today in Hydepark.
Filed under: International News
McDonald’s, the world’s largest restaurant company, posted a $1.19 billion (R8.99 billion) profit in the second quarter, spurred by European sales of hamburgers and chicken sandwiches.
Filed under: Retail
Sales of clothing, a discretionary category, are showing some resilience in the downturn, according to Statistics SA figures, but analysts remain bearish.
Filed under: Local News
South Africa’s 2.6 million “black diamonds” are likely to grow to 22 million in the next 20 years, according to Mzamo Masito, a University of Cape Town (UCT) lecturer in marketing.
Retailers needed to take advantage of the consumer trend of buying down to soften the blow of the tough economy, Deloitte South Africa’s consumer business leader, Rodger George, said yesterday.
At a time when South Africa’s economic growth is slowing and inflation is rising, the chief economist of Old Mutual Investment Group South Africa (Omigsa), Rian le Roux, is providing a relatively upbeat assessment of the outlook for both.
Filed under: Local News
Afribooks, the latest acquisition by Mion, had the potential to add R100 million a year into the venture capital firm’s turnover, Manana Nhlanhla, the joint director of Mion, said last week.
Filed under: Local Company News
Truworths’ ability to deliver on consumers’ fashion tastes was the key reason it was trading ahead of bigger rival Foschini, analysts said yesterday.

