Retail
-
Walmart invests in US meat startup to enhance customer access to
sustainable beefUSA- American retail giant Walmart has agreed to buy a small portion of Nebraska-based Sustainable beef company in a bid to enhance access to high…
-
Retailer OK Zimbabwe registers 48.9% rise in full year profit driven by stellar top-line performance
ZIMBABWE – Zimbabwe Stock Exchange (ZSE) listed retail outlet, OK Zimbabwe, has reported a 34.7% rise in full year revenue to ZWL 79.9 billion (US$220.7m)…
-
Woolworths registers growth in SA food business steered by 45.4% growth in online sales
SOUTH AFRICA – South African retail giant Woolworths, has reported a marginal rise in turn-over of 1.4% in the full year ended June 2022, to…
-
Pick n Pay selects Amazon Web Services as its strategic cloud provider
SOUTH AFRICA – Pick n Pay Group, South Africa headquartered retailer, has migrated its entire on-premises information technology (IT) infrastructure to Amazon Web Services, Inc.…
-
Walmart doubles down commitment on Massmart, seeks to buy out minority shareholders
SOUTH AFRICA – American multinational retail corporation, Walmart, plans to acquire all of the outstanding shares of South Africa based Massmart that it does not…