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. 13 Apr 2017
Walmart's new cuts will affect employees in the international division, its technology services division and in its Sam's Club business (AFP Photo/Scott Olson)
NEW YORK - Wal-Mart Stores is eliminating hundreds of corporate jobs in a cost-cutting move, a person familiar with the matter said Tuesday. 12 Apr 2017
Africa is falling off the immediate radar of local retailers after the region posted its slowest growth rate in two decades in 2016, and with the outlook for 2017 looking as unpromising, most companies are changing their focus from expansion to improving customer experience. 12 Apr 2017
Darling Sweet, which started in the town of Darling three years ago, has added coffee and mint to its range of flavours. 12 Apr 2017
Source: International Islamic Trade Finance Corporation (ITFC)
The International Islamic Trade Financing Corporation (ITFC) has organised its first B2B meeting between African cotton suppliers and Bangladesh cotton importers, as part of its Cotton Development and Partnership Programme. 12 Apr 2017
Photo: Supplied
Hyper-functional foods, which combine natural ingredients with added vitamins and proteins, such as smoothies or fruit-and-nut bars, are gaining in popularity, as are natural and herbal tonics based on trusted recipes. 12 Apr 2017
After a slight improvement in manufacturing production and signs the sector was picking up, output fell again in February. 12 Apr 2017
Takealot Online (Pty) Ltd today announced a R960m investment from Naspers, highlighting the media group's continued commitment to the online retailer and its confidence in the potential of South Africa's e-commerce sector, and following investments from Tiger Global and Naspers in 2015. 11 Apr 2017
Ivanka Trump Fine Jewelry Boutique inside Trump Tower in Midtown Manhattan.
(c) Leonard Zhukovsky - [[www.123rf.com 123RF.com]
NEW YORK - Sales of Ivanka Trump's clothing collection soared by nearly 61 percent in 2016, the company that manufactures products for the president's daughter's line and other brands said on Monday. 11 Apr 2017
Victoria Beckham's line is seen for sale at Target on April 10, 2017 in New York.
AFP Photo / Bryan R. Smith
NEW YORK - The Victoria Beckham clothing range for Target is flying off the shelves, the latest high-fashion, high-street collaboration seeking to widen market appeal - even if not everyone is impressed. 11 Apr 2017
Pick n Pay expects headline earnings per share in the year to February to rise up to 20% from the year-ago period. 11 Apr 2017
Sachin Bansal, co-founder & executive chairman, Flipkart speaks during a press conference on ‘Model GST Law (TCS) for the e Commerce Sector’ in New Delhi on February 9, 2017 (AFP Photo/Money Sharma)
MUMBAI, India: India's top e-commerce company Flipkart announced on Monday it had raised $1.4 billion in a record funding round that shores up the online retail giant in its fight against Amazon. 11 Apr 2017
Brent Curry
TFG (The Foschini Group) has partnered with several tech startups, including: wiGroup - TFG uses its payment gateway for its eGift Cards; WumDrop, which enables TFG's Deliver 2 Me service; and Pargo, which allows TFG's online shoppers to collect their parcels at a location most convenient for them. 11 Apr 2017
Sovereign Foods moved back into the spotlight last week when its share price shot back towards its all-time high of 950c on large volume trade. 10 Apr 2017
I have long been an advocate of Pick n Pay, admiring and talking up how much they do to both attract and retain customers with their Smart Shopper loyalty programme and their various promotions to create sticky customers. That was until I was killing time in a reception area and picked up a newspaper only to learn that my cash-back points had literally been halved. The basic emotions that immediately set in were disappointment and contempt. 10 Apr 2017
RCL Foods, manufacturer of the Number One Mageu brand, has upgraded its product packaging to high-density polyethylene (HDPE) from the carton packaging in use since 1969. 10 Apr 2017
New Glenn: Reusable, vertical-landing booster, 3.85 million pounds thrust.
Picture: BlueOrigin.com
WASHINGTON - Billionaire entrepreneur Jeff Bezos said he is selling $1 billion in stock of his retail giant Amazon each year to finance his rocket company, Blue Origin, which aims to carry tourists to space by 2018. 10 Apr 2017
Created by Spanish designer Gerard Rubio, the Kniterate is a knitting machine that turns digital designs into fully realised garments. Initially developed as a more basic open source 3D knitting machine called OpenKnit, the product has since grown into a device that aims to be an affordable, compact alternative to other industrial machines like it. 7 Apr 2017
Adidas celebrated the relaunch of the EQT brand, which began in the 90s in Berlin, by sending out an open invitation to South Africans born in that decade for an inclusive casting call utilising a mobile street studio at locations across Johannesburg. The result is a photo essay of portraits that document a generation. 7 Apr 2017
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(c) Leonard Zhukovsky - [[www.123rf.com 123RF.com]](https://biz-file.com/c/1704/387972-240x135.jpg?1)
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