Portfolio manager at FNB Wealth and Investments, Kabelo Tshola said that the group’s performance shows a normalisation of its sales following various disruptions to its production during the same period last year.
During this period the company lost market share in an already weak environment. This operational result reflects this regaining of market share whilst in a buoyant economy could be producing better numbers,” he said. “The group’s other operating segments, which include the OK Franchise, Computicket, MediRite pharmacies and Checkers Food Services, reported a 6.4% increase in sales. The OK Franchise Division grew sales by 8.6%,” the group said on Monday.
The group introduced a customer loyalty rewards program called Xtra Savings in October through its Checkers stores, with more than one million members signing up within a week, exceeding the group’s expectations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SA turns spotlight on impact investing ahead of 2019 Investment Conference | IOL Business ReportThe country’s second Impact Investment Forum will explore how to put SA’s financial resources to use to address persistent poverty and inequality. i`m getting over myself with these lies spewed-out through the media which in the end bear no fruit...like the above utterances!They snubbed the Financial Action Task Force on money laundering (FATF)that was established by the G-7 Summit in Paris in 1989 to develop a co-ordinat ed international response. One of the first tasks of the FATF was to develop Recommendations, 40 in all, which set out the measures national governments should take to implement effective anti-money laundering programmes. s of monetary instruments (cheques, money orders, etc.) that are then collected and deposited into accounts at another location. After the funds have entered the financial system, the second – or layering – stage takes place. In this phase, the launderer engages in a series of c
Source: IOL - 🏆 46. / 51 Read more »