The UK grocery industry could lose up to £4.5bn of revenue in the three months after Brexit if retailers and manufacturers are not prepared by 29 March, according to analysis by operational improvement specialist Newton which is offering five steps that might help lessen the impact.

Franchise business owners are waiting with bated breath for the outcome of the 2019 National Budget Speech to be delivered by Minister of Finance, Tito Mboweni, as they seek more opportunities to increase their contribution to GDP.

Company beats muted consumer demand and spend which exerted pressure on its operating margins as well as uncertainty over Brexit

Woolworths has categorically denied allegations by Michelle Legge, who founded beverage company Superlatte in 2016, that the retailer has copied her product.

TymeBank announced that it will launch in 500 Pick n Pay and Boxer stores next week ahead of a formal launch later in February.The bank successfully conducted a soft launch in December, going live across 20 Pick n Pay and Boxer stores.

Excluding new stores, the pharmacy chain’s December sales fell as it battled with supply disruptions. Dis-Chem’s Christmas sales have been hurt by a strike, the pharmacy chain warned in a trading update on Thursday (14/02/2019) morning.

South Africa’s informal business sector serves a burgeoning consumer market worth more than R100billion in the country’s rural areas, townships and cities, presenting opportunities for corporates and traditional small businesses.

Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.

Among those celebrating Valentine’s Day this year, the majority of shoppers (68%) are planning to eat at home, according to new shopper insights from research charity IGD.

The community of Thokoza welcomed the opening of Matlala Market and it will now offer customers greater variety, a fresh offering and money services under one roof and on their doorstep.

Pick n Pay is trialling the lowest priced reusable bag yet in South Africa, as an affordable reusable alternative to plastic carrier bags.This first of its kind, this environment-friendly R5 budget bag is made from green recycled plastic bottles, and will initially be introduced in 22 stores across the country to gauge customer reaction.

An employee can be fired if they are aware of a co-worker’s misconduct and does not inform a manager. This is according to a recent analysis by law firm Wright Rose Innes which looked at a case where the owner of a big general store discovered that some of the other till operators were overcharging customers and pocketing the difference.