GLOBAL
E-retail transaction values will reach $4.8tn by 2024, up from $3.3 trillion in 2020, according to a new report from Juniper Research...
SOUTH AFRICA
On his visit to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy...
Jessica Tennant 20 Nov 2017
SOUTH AFRICA
LONDON - Marks and Spencer, the British clothing-to-food retailer, announced on Wednesday a sharp rise in net profits on higher sales but plans to slow expansion of its number of standalone food stores...
GLOBAL
A queasy mix of excitement, hope and cash has for some years now been mixing together in the food delivery sector and that rarely proves to be a recipe for success...
Kevin Murphy 23 Aug 2017
SOUTH AFRICA
LONDON - Supermarket giant Tesco revealed on Wednesday that it fell into an annual net loss of 40 million due to a costly accounting scandal at Britain's biggest retailer...
SOUTH AFRICA
LONDON - Supermarket chain Tesco, Britain's biggest retailer, announced Friday it has agreed to purchase food wholesaler Booker for £3.7 billion ($4.7 billion, 4.4 billion euros)...
SOUTH AFRICA
LONDON - Supermarket chain Tesco, Britain's biggest retailer, announced Thursday rising sales during the festive period, which followed a strong third quarter despite uncertainty over Brexit...
UNITED KINGDOM
LONDON - Luxury fashion giant Burberry, famed for its designer handbags and trenchcoats, said Tuesday that British sales have soared since the Brexit vote as tourists took advantage of the plunging pound...
UNITED KINGDOM
LONDON - BHS, the owner of department stores across Britain, has called in outside help to rescue the struggling firm from potential closure and the loss of around 11,000 jobs, administrators said on Monday...
UNITED KINGDOM
LONDON - British retailer Marks and Spencer, regarded as a barometer of UK consumer demand, posted sliding net profit on Wednesday on tumbling clothing sales and a poor international performance...
UNITED KINGDOM
LONDON, UK: Shoemaker to the stars Jimmy Choo unveiled plans for a London stock market listing valuing it at up to £800m. The money will be used to fund expansion in Asia.
UNITED KINGDOM
LONDON, UK: British mobile phone retailer Phones 4U has collapsed into administration, putting more than 5,500 jobs at risk, the group said.
UNITED KINGDOM
LONDON, UK: The heads of Britain's largest companies earned 143 times more than their average employee last year, a study has revealed, exposing the growing pay gap between bosses and workers.
UNITED KINGDOM
LONDON, UK: Vodafone has agreed to buy Spanish cable firm Ono as the British mobile phone company stepped up its expansion in Europe using the proceeds from the sale of its US joint venture stake.
