Mr Price takes control of its Kenya franchise

Mr Price store at the Junction in Nairobi. file PHOTO | NMG South Africa-based Mr Price Group has taken direct control of its Kenya business after reclaiming its franchise from fashion apparel retailer Deacons East Africa. The two firms on Thursday announced that Mr Price will from April 1 assume the operations of its 11... Continue Reading →

Top franchising trends for 2018

©Ian Allenden via 123RF The franchising industry has steadily shown adaptability to the tough economy by growing the sector 3,6% over the past four years – from contributing an estimated 9,7% to the country’s GDP in 2014 to its recent figure of 13,3%. This trend is expected to continue on the same trajectory in the... Continue Reading →

MySidekick shopping app launches across SA

South African startup MySidekick has launched its free Android-based shopping app across the country, offering users special deals from retailers such as Clicks, Dis-Chem and Volpes. Incubated at the Nedbank Stellenbosch University LaunchLab business incubator, MySidekick has developed an application that provides users with relevant shopping deals and in 2015 secured a R4 million (US$280,000)... Continue Reading →

Clicks targets 900 stores after ace results

On Thursday the retail-led healthcare group posted a 15.4% rise in operating profit to R1.8bn driven by strong health and beauty sales that grew 14.7%. Opening 111 stores, including 80 through the outsourcing agreement with the Netcare Group, bumped up its store footprint to 622. Its pharmacy network was increased to 473. During the 2017... Continue Reading →

Lloyds Pharmacy closes 190 store

Lloyds Pharmacy closes 190 stores, blaming government cuts Reduced funding, higher business rates and the apprenticeship levy created ‘challenging market conditions’ Lloyds Pharmacy has announced it will close nearly 200 stores across England because of changes in government policy, with its parent company also blaming funding cuts and the apprenticeship levy. In an internal letter... Continue Reading →

Create a free website or blog at WordPress.com.

Up ↑