Spur says full-year sales grew despite middle-class woes
Spur Corporation, with brands like RocoMamas, Pizza Pasta and Panarottis, says it grew total franchised restaurant sales 7.2%
25 July 2019 - 11:48
Spur Corporation, owner of chains such as RocoMamas and Panarottis Pizza Pasta, had to rely largely on new restaurants to boost sales in the year to end-June.
Consumers have been increasingly under pressure because of higher administered prices, low wage growth and widespread retrenchments. This in turn has dampened growth at consumer-facing businesses. ..
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