Food service, Retail, E-commerce
-
Carrefour-owner Majid Al Futtaim reports 74% net profit jump in H1 of 2023
UAE – Majid Al Futtaim, which operates the Carrefour brand in markets across the Middle East, Africa, and Asia, has reported a 74% net profit…
-
Twiga Foods continues layoffs due to tough economic environment
KENYA – Twiga Foods, a Kenyan business-to-business marketplace platform, has initiated another retrenchment round that will see scores of workers sent home, just a few…
-
Kenya’s leading retailer Naivas Supermarket slapped with new US$12.56M tax bill
KENYA – Naivas Supermarkets Limited, Kenya’s largest retailer by total store count, is facing a new tax demand from the Kenya Revenue Authority amounting to…
-
Glovo partners with Chicken Republic to enhance consumers satisfaction
NIGERIA – Glovo, a Spanish delivery startup has partnered with Chicken Republic, a Nigerian fast-food chain and franchise to improve customer satisfaction by easing stress for…
-
FEMSA frames multibillion investment in new store as part of expansion move
MEXICO – Mexican Coca-Cola bottler FEMSA is considering investing between US$7 billion to US$8 billion in new store launches over the upcoming five to six…