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SAB Miller has announced new investments in Africa and Peru as it reported a 3% increase in half-year lager volumes. The brewer said it planned to invest $260m in increasing capacity at its subsidiaries in Uganda, Ghana, Zambia and Tanzania on the back of a 23% increase in half-year profits in its African operations.
Ocado's expansion plans should elevate it from the bottom to the top of the league in terms of grocery retailer profit margins, believes supply chain consultancy Sequoia. The online grocer's operating margin would leap from -0.4% (2010)...
Asda’s CEO claimed this week that its converted Netto stores had begun to recoup the £778m splashed out by Walmart.
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