Retail
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Pick n Pay receives green light from competition commission to acquire Tomis Group
SOUTH AFRICA – South African Competition Commission has given the green light to the sale of Tomis Group, a prominent meat supplier, to the retail…
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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…
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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…
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EU Antitrust Commission clears AgeCore, Coopernic from anti-competitive allegation
EUROPE – The European Union (EU) Commission has officially closed its antitrust probe into AgeCore and Coopernic, two major retail buying groups, after finding no…
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IBL Group pursues 11% additional shares in US$41.7m Naivas deal
KENYA – Naivas Supermarket (Naivas), the largest supermarket chain in Kenya, is set to change its management from local owners to foreign investors as the…