Fruit & Veg City Holdings news

As South Africa-based Shoprite reveals a positive operational update, local rival Pick n Pay discusses plans to extend spaza support to more entrepreneurs and Kenya-based Naivas reveals its short term investment plans, we round up news from the region. Shoprite provides positive operational update Following on from the news that chief executive Whitey Basson is to retire Shoprite has re...

As South Africa-based Checkers introduces a new range of ready meals, Fruit & Veg City makes acquires a meat supplier and Botswana-based Sefalana collaborates with BotswanaPost to expand its range of in-store services, we round up news from the region. Checkers launches new ready meals range Checkers has launched a new range of ready meals under the ‘Ready to Cook’ brand, which it will mark...

With South Africa facing a confluence of issues, some globally driven, others more local, the country has had these accentuated by the political difficulties that have built up around its President, Jacob Zuma, over the last year. Although the short term appears clouded by a variety of challenges, retailers and suppliers are more upbeat about their longer term growth prospects. ...

As South Africa-based Food Lovers Market receives investment from a private equity firm; Botswana-based Choppies and Kenya-based Nakumatt maintain their expansionist strategy and Shoprite collaborates with Uber for its Black Friday promotion, we round up news from the region. Food Lovers Holdings receives investment from private equity firm Food Lovers Holdings has obtained ZAR760m (US$50.5...

As Kenya-based Nakumatt acquires a chain in Western Kenya, its local rival Tuskys sets out where it sees opportunities for growth both regionally and from different channels and South Africa-based Fruit & Veg City investigates the wholesale channel, we round up news from the region. Nakumatt completes Yako Supermarkets acquisition Kenya-based Nakumatt has completed the acquisition of Yako S...

As FreshStop opens its 200th store, Uchumi says that it is expecting to return to profit growth within a year and that it will have completed its audit in the next two weeks, Tuskys’s chief executive says that it is preparing for an IPO and SPAR looks set to add another store in Nigeria, we round up the news from the region. Uchumi sets out recovery plan, aiming for profit growth within a year...

As Massmart and SPAR Group announce results, for different time frames, Food Lover’s Market spotlights the widening of its agreement with Waitrose and Pick n Pay discusses how it is differentiating with its loyalty programme, we round up news from the country. Massmart confirms sales rose 10.4% in FY2014 Massmart, in which US-based Walmart owns a majority stake, has confirmed that it enjoy...