All Africa articles – Page 3
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News
Pick ’n’ Pay sales up 9.8%
South Africa’s second largest grocery retailer Pick ‘n Pay reported sales growth of 9.8% to ZAR54.7bn (£4.2bn) in its financial year ended February 28.Trading profit for the year slid 2.5% to ZAR1.65bn (£145.5m), as margins were undermined by price cuts in basic foods. The retailer reported double-digit growth in fresh ...
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News
South Africa Woolworths launches own-label range
Woolworths has launched an own-label range called Woolworths Essentials.The range features core products across all food departments, as well as household cleaning products and toiletries. Launched in mid-March, the offer will grow to almost 200 items by the end of May 2010. The products will sell at prices up to ...
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News
Growth in Woolworths sales
Woolworths has announced in a preliminary statement that sales rose 9.3% in the 26 weeks to the end of 2009, increasing 4.4% on a like-for-like basis.Clothing and general merchandise sales grew 9.7%, while food achieved 8.9% growth.Less upmarket competitor Shoprite reported like-for-like sales growth of 6.4% for its first half ...
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