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Bidcorp open to acquisitive and organic growth opportunities

Food services group Bid Corporation (Bidcorp), which was unbundled from industrial conglomerate Bidvest Group, grew its interim revenue 5% to R67.8bn, the company said on Thursday.

By Pericles Anetos 2 days ago

Coffee wars heat up – JDE vs Nestlé
Coffee wars heat up – JDE vs Nestlé

Jacobs Douwe Egberts (JDE) and global market leader Nestlé are in a market struggle, since the formation of JDE in 2015. JDE holds the leading position in coffee in a band stretching from Belgium through Central and Eastern Europe and the former Soviet Union, while Nestlé has the edge in the western edge of Europe, Australasia and much of Asia, the Middle East, Africa and Latin America.

By Matthew Barry 2 days ago

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Massmart shareholders get good returns, as sales reach R91.3bn

Massmart, majority owned by WalMart, announced its full-year results for the 52 weeks to December 2016, indicating good margin management and astute expense control, resulting in pleasing trading profit and headline earnings growth.

2 days ago

Cash Crusaders opens 200th store in southern Africa
Cash Crusaders opens 200th store in southern Africa

With a proven franchise model that spans over 20 years, Cash Crusaders welcomed its 200th franchise store to the family on 24 February 2017. This exciting new store opened at the popular Protea Glen Mall in Soweto, where other established brands such as Pick n Pay, Edgars and Clicks already have outlets.

Issued by Cash Crusaders 2 days ago

#DesignMonth: How to revive retail interior using Pantone's Colour of the Year
#DesignMonth: How to revive retail interior using Pantone's Colour of the Year

As we all know by now, Pantone's colour of the year for 2017 is Greenery, "a fresh and zesty yellow-green shade that evokes the first days of spring when nature's greens revive, restore and renew.”

By Brandon Williams 2 days ago

Lower sales hit Transpaco results
Lower sales hit Transpaco results

Shares in plastics and packaging group Transpaco fell 3.33% in Wednesday trading on the back of the company's decline in half-year earnings.

2 days ago

Woolworths exceeds R100m fundraising target for education
Woolworths exceeds R100m fundraising target for education

Woolworths has announced it has raised R104.9 million for its MySchool ‘Raise R100 million for Education' campaign, exceeding the original target set in April 2015.

2 days ago

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BAT sells more cigarettes in 2017 driven by Rothmans' brand appeal

Despite government efforts to curb smoking, British American Tobacco (BAT) increased the number of cigarettes it sold in 2016 slightly to 665-billion.

By Robert Laing 2 days ago

Autumn/winter catwalks gear for 'oversized' theme
Autumn/winter catwalks gear for 'oversized' theme

Catwalks will see a return to oversized fashion items this autumn/winter. This includes a return to 'excess' and the 'big and the bold'. This is according to Jackie May, editor at Marie Claire South Africa, who says that the thread that runs through many of the trends we have identified for this season is ‘oversized'.

3 days ago

Budget speech announces further consultations on sugar tax, welcomed by industry
Budget speech announces further consultations on sugar tax, welcomed by industry

Finance Minister Pravin Gordhan's announced in his Budget speech on 22 February 2017 that there would be further consultations on the tax on sugar-sweetened beverages before it is implemented.

3 days ago

Steinhoff 'terminates negotiations' with Shoprite over merger
Steinhoff 'terminates negotiations' with Shoprite over merger

The share prices of Shoprite and Steinhoff both jumped 7% on Monday morning after they called off their proposal to merge into Retail Africa.

By Robert Laing 21 Feb 2017

Azzaro campaign lets shoppers Shazam a fragrance
Azzaro campaign lets shoppers Shazam a fragrance

Popular music recognition app Shazam and fashion and fragrance brand Azzaro announced last week the South African launch of ‘Wanted', a new fragrance for men through a world-first activation using Shazam's beacon technology.

20 Feb 2017

#DesignMonth: What's in your lunch box?
#DesignMonth: What's in your lunch box?

People working a 9-5 job often forget to eat healthily - they opt for the closest takeaway restaurant or make do with what's available at the office, which is often not the healthiest option, especially if the office isn't health conscious. FOODwelove, founded by Christina Thomas and Stephanie Schwatlo, aims to change all that, offering desk jockeys the option to have a healthy and wholesome lunch delivered in a cleverly designed box, straight to their desk. We spoke to co-founder Schwatlo and asked her to tell us what it's all about.

By Cari Coetzee 20 Feb 2017