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Marcel Golding.
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Marcel Golding. Picture: Financial Mail
Empowerment pioneer Marcel Golding and well-heeled investor Hugh Roberts have failed to sew up a significantly bigger stake in fashion retailer Rex Trueform (RexTru). 27 Jul 2016
There is a surge of freebie campaigns at three major grocery retailers, with Pick n Pay's animal card collection, Spar's Angry Bird 3D cards and Checkers' mini grocery items, leaving parents reeling as to where to shop. A clever move by these retailers who understand what pester power can do for their business. 27 Jul 2016
McDonald's franchise spinoffs tamp down earnings
© payphoto – 123RF.com
NEW YORK - McDonald's' "All-Day Breakfast" fueled firm sales gains in the second quarter despite weak growth across the fast food industry, the company reported Tuesday. 27 Jul 2016
Raymond Ackerman.
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Raymond Ackerman. Picture: Sunday Times
The pyramid structure that secured control of Pick n Pay in the hands of the Ackerman family is set to be unwound, 36 years after it was put in place to ward off a suspected hostile bid. 26 Jul 2016
Amazon delivery via Prime Air drone.
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Amazon delivery via Prime Air drone. Source: Amazon.com
SAN FRANCISCO - Amazon announced Monday plans to test delivery drone technology in Britain, as the US online commerce giant tries to advance the idea safely. 26 Jul 2016
The commission says the guidelines seek to clarify its approach to analysing mergers. Picture:
The commission says the guidelines seek to clarify its approach to analysing mergers. Picture: Reuters
Anheuser-Busch InBev raised its offer for SABMiller to £45 from £44 and sweetened its share alternative on Tuesday. 26 Jul 2016
- Provantage
Activating on African soil: the time is now
Stephan Botha of ProActive™ outlines the reasons why FMCG brands wanting to expand business in Africa can benefit hugely from activations. 26 Jul 2016
Krone launches Night Nectar Demi-Sec Rosé
Krone launches Night Nectar Demi-Sec Rosé, a bottle-fermented and lees-matured sparkling wine, blending traditional Champagne varieties of Chardonnay and Pinot Noir. 26 Jul 2016
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At an extraordinary general meeting, preceding the Pick n Pay AGM held on 25 July 2016, the majority of shareholders voted in favour of the group's proposal to modernise its pyramid ownership structure. All shareholders in Pick n Pay will now hold their shares in a single Pick n Pay Stores listing, with Pick n Pay Holdings delisting from the JSE. 26 Jul 2016
Is that Pikachu in the dairy aisle?
© MIHAI ANDRITOIU – 123RF.com
The Pokémon Go frenzy is sweeping the globe, as the virtual reality game skyrockets to the top of the iTunes and Google Play gaming lists. 26 Jul 2016
What's the skinny with Woolworths' mannequins?
Woolworths has responded to the slew of backlash that it has received over its "skinny display mannequins"‚ claiming that "these bodies are built to global or universal specifications". 26 Jul 2016
Hulamin benefits from weaker rand
A weaker rand and improved production helped local manufacturer Hulamin double its interim aftertax profit and grow sales by 25%, it reported on Monday morning. 25 Jul 2016
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Picture: Reuters
The government had gazetted all of the 10 applications that ArcelorMittal SA had put forward for import duties, the company said in a trading update on Friday. It had also seen a "significant improvement" in the group's net cash position. 25 Jul 2016
Burger King opens in Port Elizabeth
The first Burger King to open in the Eastern Cape opens today, 25 July 2016, at the Sasol service station on Pickering Street. A joint initiative with Sasol franchisee, Joe Thompson, the restaurant has drive-thru and eat-in facilities and will operate Sunday to Thursday from 9am to 10pm and Friday to Saturday from 9am to 11pm. 25 Jul 2016
#MandelaMonth: Groupon harnesses the power of group buying to do good
On Mandela Day, Groupon staff handed out 103 gift boxes to children at the Afrika Tikkun in Mfuleni as part of devoting 67 minutes of their time to a community service, as donated by customers through its crowdsourcing platform, with additional 136 boxes distributed by the NGO's staff. 25 Jul 2016
Lewis investor battle escalates
The battle between shareholder activist Dave Woollam and the directors of Lewis Stores escalated this past week, with the lodging of papers at the High Court in Cape Town on Wednesday that could see the minority shareholder have the directors declared delinquent. 25 Jul 2016
Michael Mark: Credit book grew but makes up less of sales.
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Michael Mark: Credit book grew but makes up less of sales. Picture: Sunday Times
While Truworths' entrance into the UK consumer market proved a boon for the retailer in the year to end June, the region is unlikely to provide another fillip, in the wake of Brexit. 25 Jul 2016
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Shoprite's stronghold in West Africa helped the domestic retailer report better-than expected results in July, but the company has yet to successfully branch out in East Africa. 22 Jul 2016
#BuyaBusiness expo offers VIP treatment to #THEClub members
© viteethumb – 123RF.com
The upcoming #BuyaBusiness expo, on at the Ticketpro Dome at Northgate, Johannesburg from 8-10 September 2106, offers VIP treatment to investors and franchisors that are members of #THEClub. 22 Jul 2016
SABMiller CEO Alan Clark will receive as much as R1.2bn in bonuses and share options when the merger with AB InBev is completed.
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SABMiller CEO Alan Clark will receive as much as R1.2bn in bonuses and share options when the merger with AB InBev is completed. Picture: SABMiller
The $74bn union between brewing titans SABMiller and Anheuser-Busch InBev (AB InBev) is on the cusp of completion. After all the boxes are ticked, minority shareholders of the South African brewing icon will be first in line to cash in their shares at the lucrative offer price of £44 each. 22 Jul 2016
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