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Tiger Brands unveils strategy to lift company off its knees

Tiger Brands had one of its worst days in years, with its shares finishing 6% lower on the JSE to R188 – the steepest fall since April 2011 – on Wednesday 12 February 2020, the day Noel Doyle presented the company’s financial results to shareholders...

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Forever 21 reaches $81 million deal to sell its retail business to US mall owners and Authentic Brands

Forever 21 has reached an $81 million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands.

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More retailers file for bankruptcy twice as they struggle with rising debt, pressure from Amazon

Last month, many New York City residents awoke to surprising news that could change their shopping routines as well as the items in their refrigerators. The local grocery chain Fairway, known for its no-frills atmosphere and extensive selection of items l...

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Lays cans its salt and vinegar flavour due to weak sales

The world’s biggest chips brand – Lays says while the rest of the world generally prefer cheesier flavours, South Africans have a clear preference for spicy chips. Still, plain salted chips remain the top seller for Lays locally, followed by i...

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How to Think About the Future of Retail

Many believe that “retail is dead.” Now that you can order an avocado off Amazon and online shopping is far more convenient than hitting the local mall, people look at brick and mortar stores as a thing of the past. But how true is this statement, rea...

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Almost 10,000′ retail jobs lost this year

There have been almost 10,000 retail jobs lost in the UK so far in 2020, according to retail sector analysts, with more failures forecast. In total, 9,949 jobs have gone, said the Centre for Retail Research (CRR).

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Waves of change in soft drinks choice

Over the past 10 to 20 years, the ripples of change in the global soft drinks market have threatened to become tidal waves, with new categories emerging constantly and genuine novelty flooding the shelves.

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Consumer spending is ‘robust’ heading into 2020: Coca-Cola CEO

Coca-Cola CEO James Quincey said he is feeling confident about the state of the consumer in 2020, even as trade tensions and concerns about sluggish economic growth continue.

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FMCG crowned the best paid sector for marketers in UK

The FMCG sector offers the best pay for marketers, according to the 2020 Marketing Week Career and Salary Survey.

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FMCG sector to expand at 9% in current year

The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 percent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 percent in fiscal 2021, a report said on Tuesday.

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