SPAR is planning to acquire smaller retailers to help South Africa’s second-largest grocer by revenue expand beyond the food segment and win market share in a struggling economy. Source: SPAR eyes acquisitions to take on Shoprite
Economists are predicting a big drop in petrol and diesel prices next month, saying it will bring much-needed relief to under-pressure consumers. Source: Big petrol price drop tipped for July
SA retail sales up 2.3% in March Source: SA retail sales up 2.3% in March
SA's largest poultry group plans tinned chicken to take on pilchards Source: SA's largest poultry group plans tinned chicken to take on pilchards
29 September is International Day of Awareness of Food Loss and Waste – an opportunity to raise awareness of practices and innovations to reduce food loss and waste and build a more resilient food system. Source: Woolworths food supplier partners join them in the commitment to halve food loss and waste by 2030 [...]
Tiger Brands, South Africa’s biggest food producer, yesterday provided some indication of just how sharply food prices have risen after it pegged its overall basket inflation at a whopping 15 percent in the five months to August 31, from only 3 percent at March 31. Source: Tiger Brands forced to sharply increase its food [...]
One of the United States' (US) leading convenience retail brands, Circle K, is expected to open its first South African store in October. Source: South Africa's getting a new convenience store – one which is already massive in America
The April 2022 Household Affordability Index shows that in April 2022 the average cost of the Household Food Basket is R4 542,93. Source: It costs on average R4 500 to feed a household in SA
As South Africans face rising food prices despite low levels of headline inflation, the latest BusinessTech shopping price comparison among the biggest retailers in the country shows that their price-containment measures appear to be working. Source: Shopping price war 2021: Woolworths vs PnP vs Checkers vs Spar
Four weeks ago, it was business as usual. Three weeks ago, it became business unusual. Two weeks ago, the national lockdown gutted a n entire industry and everything we thought we knew has come to naught. Source: Ten ways in which retail and the food and beverage industry will change in a post-Covid world [...]
