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Classic: Sean Summers returns

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

Hard sell: South African retailer Shoprite has announced the closure of its stores in Nigeria (above) and Kenya, but retains a footprint in several other African countries.  (Aminu Abubakar/AFP/Getty Images)

Shoprite among firms that failed in Africa, Europe, Australia

Corporate South Africa is feeling the Covid-19 pinch. But is there space for growth domestically?

The Competition Commission inquiry found that the ‘vast majority’ of Shoprite and Spar leases and the ‘majority’ of Pick n Pay leases have exclusivity provisions. (Oupa nkosi/M&G)

Shopping malls are ‘killing’ independent retailers

The Competition Commission’s Grocery Retail Inquiry has found national supermarket chains are putting small, independent players out of business

CEOS and activists united under the Save South Africa campaign against President Jacob Zuma and the Gupta family

When CEOs call themselves activists and activists become CEOs

It shouldn’t surprise us that CEOs earn far more than workers, but what should is that CEOs have now become part of activism culture in South Africa.

The ‘hidden’ billions of SA’s elite executives

Sky-high salaries for top executives are one thing, but shares and dividends push overall incomes far higher.

The key drivers of price growth in July were food and non-alcoholic beverages (up 5.7% and contributing 1.0 percentage points). Photo: Supplied

Shoprite’s growth slows on weaker consumer spending

Shoprite has reported profit that matched estimates as growing pressure on consumers’ disposable income held back sales in its domestic market.

Massmart will be closing down many Game, Makro, DionWired and Builders Warehouse stores across South Africa.

Walmart not making massive dent

The company has not proved to be the hungry giant the competition had feared and it will take more time to feel Walmart’s muscle.

Big five fight for food market share

The Shoprite Group continues to lead the pack but the other retailers are pulling out all the stops.

Showing CEOs the money

Remuneration report shows chief executives are rolling in it.

Shoprite half-year earnings rise, but trouble ahead

South African retailer Shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging black middle class spent freely, but said it faced tougher times in…

Shoprite reports solid increase in earnings

South African supermarket group Shoprite Holdings on Wednesday reported a 33,3% increase in diluted headline earnings per share from continuing operations to 194,3 cents for the…