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/ 18 September 2008
It was business as usual at Woolworths on Thursday in spite of the week-long strike by Saccawu, the retailer claimed.
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/ 16 September 2008
Listed retailer Woolworths maintains that the vast majority of its employees do not wish to belong to a union — but one union disagrees.
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/ 12 September 2008
Retailer Woolworths said on Friday that the effects of the day’s industrial action at its Cape Town stores had been minimal.
Saccawu members will march in Durban on Friday against the alleged anti-union stance of Woolworths.
South African clothing and grocer retailer Woolworths on Thursday reported a 10% decline in diluted headline earnings per share (HEPS).
The South African Commercial, Catering and Allied Workers’ Union is going ahead with a protest march against Woolworths.
The old joke about the tomato blushing because it saw the salad dressing has a new twist, writes Anita Funke.
We’ve all met unkind women and there is such a thing as a bad mother. The propaganda, however, wants us to believe differently.
Workers at retailer Woolworths are at an advanced stage of preparing for a protected strike, their trade union said late on Thursday.
In 2007, Woolworths removed hydrogenated vegetable oils and 31,6 tonnes of salt from its recipes.
South African stocks remained modestly weaker at noon on Thursday, with banks weighing heavily on a deteriorating inflation outlook after worse-than-expected producer price inflation data and the South African Reserve Bank governor’s comments that the bank was considering a 200-basis-point interest-rate hike.
Woolworths will take the majority of its yoghurt products off the shelves because a supplier had included gelatine as an ingredient, the company said on Thursday. Julian Novak, head of food, said Woolworths had an explicit agreement with its yoghurt suppliers not to include gelatine in their products.
The JSE kept toying with an all-time high by midday on Wednesday as resources continued to fuel the bourse. By noon, the JSE’s broader all-share index had risen 1,02% to 31 600,360 points. It reached an intra-day high of 31 700,350 points earlier, just off its all time high of 31 728,180 points hit in October last year.
South Africa’s third-biggest bank, Absa, and food and clothing retailer Woolworths are to enter into a joint venture, the companies said in separate statements on Wednesday. The venture ”will provide Absa with access to customers in the retailer finance market at point-of-sale”, Absa said.
"This much I know is true: don’t trust those who say things with absolute certainty. Back in primary school, they told me I couldn’t subtract a big number from a little number. ‘Don’t even try,’ said crow-faced Mrs Pillay, leaning in, breath smelling of cough drops and decay," writes Lev David.
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/ 3 February 2008
Woolworths stores in Britain have halted the sale of ”Lolita” beds designed for children, after a parents’ organisation complained the name is synonymous with sexually active preteens. Woolworths said staff members had been unaware of the name’s connection with Vladimir Nabokov’s 1955 novel Lolita.
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/ 17 January 2008
Resource heavyweights Anglo American and BHP Billiton forced the JSE to turn around from its positive start, dragging it lower by midday on Thursday. At noon, the broader all-share index shed 0,44% as resources lost 2,07%. The platinum- and gold-mining indices pulled back 1,14% and 0,27% respectively.
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/ 27 November 2007
Local online retailer Kalahari.net, a popular stop on the web for South Africans looking to buy especially CDs, books and DVDs, has been chosen as best e-commerce store of the year, for the second year in a row. The South African e-Commerce Awards is an initiative hosted by online shopping search engine Jump Shopping.
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/ 19 November 2007
Standard Bank will raise its transaction fees by an average of 4,65% in 2008, the bank said on Monday. Increasing competitive pressure, rising interest rates and inflation were some of the reasons for the increase, said the bank’s CEO for personal and business banking, Sim Tshabalala.
South African online retail is turning into a healthy and attractive business as more consumers access broadband and become more comfortable with online shopping, internet research firm World Wide Worx reported on Monday. By the end of this year, online spending on retail goods is expected to have grown by more than 35%.
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/ 25 September 2007
Soweto, the vast township that was synonymous with neglect and revolt during apartheid, will become home to one of South Africa’s largest shopping malls this week when one of the country’s original black entrepreneurs fulfils a three-decade long dream.