'Shot on the nose' - Pick n Pay's shares slide with signs Shoprite is eating its lunch
Pick n Pay’s shares plunged more than 6% on Wednesday after an update suggested sales in real terms are sliding backwards and profits being squeezed
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Pick n Pay’s shares plunged more than 6% on Wednesday after an update suggested sales in real terms are sliding backwards and profits being squeezed
The 9.4% selling price increase Shoprite has passed onto consumers is eye-watering, but analysts say similar hikes could come from other retailers.
Checkers punts Sixty60 delivery service for expats to have groceries delivered to folks here in South Africa.
The Competition and Consumer Authority (CAA) has revealed that it is still probing some retail giants for reportedly stifling competition.
A retail worker who won R25m in the national lottery says he will keep his job, while a domestic helper from the Western Cape plans to buy a bigger house with her R5.4m jackpot.