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In this episode of UNDICTATED, master retailer Sean Summers shares what brought Pick 'n Pay so low - and his plan to turn things around.
‘The untouchables’ and ‘big business’ who donated funds to the CR17 campaign were being ‘protected’, while her life was in danger, Busisiwe Mkhwebane complained to the Section 194 inquiry on Thursday.
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MONEYWEB LIVESTREAM Massmart surges over 20%, but has the market overreacted? Some analysts think so, considering the Game and Makro ownerâs wider FY losses, debt burden and lack of dividend. 09:07 Open: Open: Open: Open: Game, Massmart's biggest division in terms of number of stores, continues to make a loss. Image: Suren Naidoo, Moneyweb JSE-listed retail and wholesale group Massmartâs share price soared 20.76% on Monday, closing at R54.10 a share â the highest level in more than a year. The surge came following the release of the groupâs full-year results to Dec...
The perils of legacy software for retailers adopting digital journeys The author, Allan Dickson, argues that XXX In the devastating wake of the global pandemic, companies across industries are grappling with the economic impact – and few more so than the embattled retail sector. Without a doubt, “making the numbers” is rare amid weaker revenue. This means there is inevitably a strong focus on cost containment, including IT spend, often resulting in the dilution or even abandonment of IT initiatives that are essential to retailers’ long-term competitiveness. The worst hit are lik...