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Aspen Pharmacare on Monday issued a statement welcoming reports that South Africa’s Competition Commission had agreed to take up a request from the country’s official opposition to investigate alleged anticompetitive conduct by the company. Source: Aspen welcomes DA-initiated price-fixing probe
More than two-thirds of sales generated by 6.5-million active Clubcard members Source: Clicks Value offerings enable Clicks to increase profit
The "lipstick index" — a theory postulated by Estee Lauder chair Leonard Lauder that cosmetic sales rise in tough economic times — will be put to the test on Friday when Clicks releases its interim results for the six months to end-February. Source: Clicks, global markets could buoy JSE on Friday
Price gouging fine is made public, while a report finds scant evidence that a ‘moral code’ is applied in its business dealings Source: Aspen’s pricing scandal jolts investors
The latest South African Customer Satisfaction Index (SAcsi) for supermarkets, reveals that customers remain highly satisfied with the country’s major shopping retailers. Research company, Consulta, surveyed nearly 3,000 randomly selected customers of supermarkets including: Woolworths, Shoprite, Checkers, Pick n Pay, and Spar. News Article: The best and worst supermarkets in South Africa
At a recent gathering of parties involved in the formal independent and informal retail trade, Trade Intelligence (Ti) MD Maryla Masojada shared some insights into the various trends affecting the industry. News Article: The sleeping giant – informal trade in South Africa
Consumer inflation slowed in March, as food prices continued to moderate. The consumer price index (CPI) rose 6.1% from a year earlier, after a 6.3% increase in February, Statistics SA said. News Article: Food prices help slow consumer inflation
CEO Richard Brasher says investment in private labels and targeted discounts will benefit Pick n Pay and its customers Source: Pick n Pay to focus on promotions to lift flagging sales
Retailer says profit grew faster than sales despite restricting its selling price inflation to 6.1% for the year, well below published food inflation of 11% Source: Refurbishing disrupts Pick n Pay’s revenue growth
