Filed under: Retail
‘The existence of legal restrictions and market failures in retailing and the supply of daily consumer goods is one of the most worrying questions for competition authorities throughout the world.”
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By Florence de Vries
Retail analysts say they are not that concerned about the investigation by the competition commission into possible anti-competitive behaviour by Shoprite as the group had not shown gross margin expansion in the year to June.
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Filed under: Local Company News
July 10, 2009
By Florence de Vries
Wholesale retailer Massmart posted a 10.4 percent increase in total sales in the 52 weeks to last month, boosted largely by inflation. However, sales also reflected the group’s first real sales decline in a number of years, attributed to a significant drop in the Massbuild division and a change in the group’s British American Tobacco South Africa (Batsa) wholesaling model.
Filed under: International News
July 15, 2009
By Robert Barr London
Britain’s inflation rate slowed to an annual rate of 1.8 percent last month, at last falling below the official target for the first time in 20 months, official data showed yesterday.
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