Food service, Retail, E-commerce
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Woolworths gets rid of CEO position in South Africa as current head steps down from position
SOUTH AFRICA – Retail giant Woolworths has reviewed its leadership structure for its South African operations and will not retain the CEO role as it…
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South African fast-food giant Nando shuts 50 UK stores due to supply shortages
UK – South African multinational fast-food chain Nandos has shut down 50 stores across the United Kingdom due to raw material shortages. In a statement, Nando’s said it…
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Morrisons takeover bid heats up as private equity firm CD&R sweetens offer to US$9.54Bn
UK – The private equity bidding war for UK’s fourth largest supermarket chain Morrisons has taken a new twist after the retailer announced that it has…
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SA’s Orderin relaunches as delivery service platform, Jumia partners with Accra-based eco-friendly mobility company
SOUTH AFRICA – South Africa’s first food delivery app, Orderin, has relaunched as a B2B delivery-as-a-service platform to help bring delivery capabilities to other companies…
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Massmart disposes non-core food units to Shoprite’s Checkers for US$89m
SOUTH AFRICA – Shoprite’s grocery unit Checkers has come to the rescue of South African retailer Massmart, by entering into a deal to acquire the…