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Agriculture's important contribution to SA economy

Agriculture's important contribution to SA economy

26/03/2019 - 10:17
The South African agricultural industry might be seen by some as simply another role player in the economy, but our farmers cannot be thanked enough for the absolutely necessary work they are doing. read more
Nestlé opens new research and development centre in Beijing

Nestlé opens new research and development centre in Beijing

26/03/2019 - 10:08
Nestlé aims to accelerate trend-based innovation in China as it inaugurates a new research and development centre (R&D) in Beijing and a system technology hub in Shenzhen. read more
Facial recognition combats load-shedding shoplifting

Facial recognition combats load-shedding shoplifting

26/03/2019 - 08:39
South Africa’s load-shedding woes are not limited to the inconvenience suffered by consumers. The country’s retailers are set for a dramatic spike in shoplifting, warns one facial recognition for business specialist. read more
How retailers can add value for consumers in turbulent economic times

How retailers can add value for consumers in turbulent economic times

25/03/2019 - 15:51
For the most part, it has been a dismal year for South African retailers; elevated household debt, higher fuel prices and an increase in value-added tax squeezed consumer spending. However, Ackermans, South Africa’s longest standing value retailer, performed well over 2018 reporting growth of just over 10% which is three times more than the industry benchmark.  read more
Beam Suntory brings Roku Japanese gin to South Africa

Beam Suntory brings Roku Japanese gin to South Africa

25/03/2019 - 14:10
Uniquely bottled in a hexagonal glass vessel, Roku Gin is a distinctive spirit from Japan’s revered Suntory brand; one of the countries’ most awarded spirits producers, mastering the skill of making gin since 1936. read more
Shoprite makes donating to drought relief efforts that much easier

Shoprite makes donating to drought relief efforts that much easier

25/03/2019 - 11:46
The Shoprite Group is working with Gift of the Givers to make it as easy as possible for South Africans to support the organisation’s relief efforts in the drought-stricken Eastern Cape. read more
Confusion around best-before dates causing unnecessary waste

Confusion around best-before dates causing unnecessary waste

25/03/2019 - 11:14
Confusion around best-before dates is widespread, causing unnecessary food waste. And in a country that's already food insecure, binning good food is not only unconscionable, it's plain wrong. read more
Watches of Switzerland sets its sights on more US acquisitions

Watches of Switzerland sets its sights on more US acquisitions

25/03/2019 - 09:38
Watches of Switzerland expects to make further acquisitions in the US, which it first entered in 2017 with the purchase of jeweller Mayors, its CEO said.  read more
 Load shedding threatens jobs, economic recovery, says consumer body

Load shedding threatens jobs, economic recovery, says consumer body

22/03/2019 - 13:31
Load shedding, which has been escalated to Stage 4, is posing a significant risk to economic recovery, the Consumer Goods Council of South Africa said in a statement, as rotational blackouts continued to grip the country. read more
Pick n Pay introduces blood oranges to its fresh produce offering

Pick n Pay introduces blood oranges to its fresh produce offering

22/03/2019 - 10:19
Fruit lovers no longer have to travel to Europe to taste the goodness of blood oranges. Pick n Pay has added rare blood oranges to its fresh produce offering making it the first retailer to offer this unique fruit to customers.  read more
P&G and Massmart launch Children's Safe Drinking Water Programme

P&G and Massmart launch Children's Safe Drinking Water Programme

22/03/2019 - 10:04
The Procter & Gamble Company (P&G) is once again proud to partner with leading retail group, Massmart, to launch its 2019 Children’s Safe Drinking Water (CSDW) campaign, which will continue to raise awareness of the global water crisis and help to provide clean water to those who need it. read more
Instagram adds shopping feature for US users

Instagram adds shopping feature for US users

22/03/2019 - 09:34
Facebook’s Instagram is trialling a feature that lets US users shop from the photo-sharing app by using a “checkout” option on items tagged for sale, the company said. read more
Retail sales recover in January after dismal December figures

Retail sales recover in January after dismal December figures

22/03/2019 - 09:23
Retail spending showed signs of recovery in January, growing 1.2% on an annualised basis, slightly faster than analysts had expected. read more
AB InBev chair Olivier Goudet to step down

AB InBev chair Olivier Goudet to step down

22/03/2019 - 09:11
Anheuser-Busch InBev (AB Inbev) chair Olivier Goudet is stepping down to focus on his roles as managing partner and CEO at JAB Holding. read more
SA beef export market reopens to the Middle East

SA beef export market reopens to the Middle East

22/03/2019 - 08:23
The recently held Gulfood Trade Show 2019, which took place at the Dubai World Trade Centre, saw the reopening of beef trade between South Africa and the Middle East. read more
4 Digital transformation communication strategies

4 Digital transformation communication strategies

20/03/2019 - 09:59
If you’re running a business in 2019, digital transformation should be on your mind. It doesn’t matter whether you’re a one-man band decorating cakes at home, or stand at the head of a multi-national corporation with hundreds of employees – it affects you. From how you engage with your customers, issue invoices, to how staff apply for leave or even claim expenses. The key issue for big organisations is without employee buy-in, you will struggle to reap the rewards. Effective communication is the key.  read more
Mondelēz buys stake in functional food brand Uplift Food

Mondelēz buys stake in functional food brand Uplift Food

20/03/2019 - 09:46
Mondelēz International has bought a minority stake in Uplift Food, an early-stage start-up that produces prebiotic functional food supplements. read more
Tips for small business owners to survive load-shedding

Tips for small business owners to survive load-shedding

20/03/2019 - 09:36
With small businesses already dealing with hikes in VAT and petrol, coupled with decreased consumer spending, load-shedding is a bridge too far, particularly for restauranteurs. read more
Asos sales up 13% as UK market outperforms

Asos sales up 13% as UK market outperforms

20/03/2019 - 09:25
Asos has reported a rise in its quarterly sales, as growth at home in the UK continues to outperform its foreign markets. read more
Business counts cost as Eskom battles power shortages

Business counts cost as Eskom battles power shortages

20/03/2019 - 09:14
State utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa’s efforts to boost investments and economic growth. read more
Sainsbury’s and Asda seek to salvage deal with £1bn pledge

Sainsbury’s and Asda seek to salvage deal with £1bn pledge

20/03/2019 - 08:58
British supermarket groups Sainsbury’s and Asda have committed to deliver £1bn of annual price cuts as they attempt to salvage their proposed combination after being dealt a potentially fatal blow by the regulator. read more
Coca-Cola fast-tracks collection and recycling of PET plastic bottles across Africa

Coca-Cola fast-tracks collection and recycling of PET plastic bottles across Africa

19/03/2019 - 12:12
To commemorate Global Recycling Day, The Coca-Cola Company is accelerating the collection and recycling of PET plastic bottles across Southern & East Africa. This is part of a focused World Without Waste campaign over three years and beyond. read more
SA meat price inflation to remain subdued due to foot-and-mouth outbreak

SA meat price inflation to remain subdued due to foot-and-mouth outbreak

19/03/2019 - 11:27
SA’s meat price inflation could remain subdued in 2019 as a ban in exports could increase local supplies, according to the Agriculture Business Chamber (Agbiz), an organisation that represents commercial farmers and agribusiness. read more
Is #BlackFriday affecting SA’s December retail trade?

Is #BlackFriday affecting SA’s December retail trade?

19/03/2019 - 09:37
South Africa has seen the Black Friday sales phenomenon grow exponentially in recent years, quickly entrenching itself as a major calendar event on the local retail and shopping scene. The Black Friday sales bonanza, which takes place towards the end of November, is now bigger in SA than ever before. It is a boon for retailers, shopping centres and consumers. However, is Black Friday an emerging threat for the traditional December festive season sales boom? read more
SA companies edging closer to full cloud capability

SA companies edging closer to full cloud capability

19/03/2019 - 09:07
While there is little doubt over the hype attached to cloud computing and services, the reality is that South Africa businesses are embracing cloud, especially solutions that are being used to strengthen contact centres and enhance customer engagement. read more
Shoprite Group helps waiter become an entrepreneur thanks to his unique product offering

Shoprite Group helps waiter become an entrepreneur thanks to his unique product offering

18/03/2019 - 15:02
Phenyo Sebaeng (28) had to borrow money from two of his close friends in order to buy a bus ticket from Rustenburg to Cape Town, where he had secured a meeting with a buyer at the Shoprite Group's home office in January 2017. read more
520+ million Smart Shopper cash-off discounts to be issued for customers

520+ million Smart Shopper cash-off discounts to be issued for customers

18/03/2019 - 11:49
Pick n Pay’s Smart Shopper will give customers double personalised discounts to help them save even more in the next few weeks.  read more
Steinhoff shares jump on PWC report

Steinhoff shares jump on PWC report

18/03/2019 - 10:48
Steinhoff International’s shares rose as much as 13.6% to R2.09 in early trade on Monday after the overview of PwC’s forensic investigation into the retailer’s past results was released. read more
Distell’s premium-wine offshoot aims for the top

Distell’s premium-wine offshoot aims for the top

15/03/2019 - 14:37
"I’m in the business of wine; I’m not in the wine business," says Kay Nash emphatically. That may seem like splitting hairs, but it’s a subtle distinction that’s helping the CEO of Libertas Vineyards & Estates, the new premium-wine offshoot of drinks giant Distell, to shake up the company’s high-end wine business. read more
Three quarters in a row of sales growth for H&M

Three quarters in a row of sales growth for H&M

15/03/2019 - 14:26
Sweden’s H&M, the world’s second-biggest fashion retailer, posted local-currency sales growth for its fiscal first quarter that matched analysts’ forecasts, on Friday, while net sales were slightly higher than expected. read more
Manufacturing growth far lower than expected

Manufacturing growth far lower than expected

14/03/2019 - 15:46
The manufacturing sector saw tepid growth at the start of 2019. read more
Distell aims to go deeper into Africa

Distell aims to go deeper into Africa

14/03/2019 - 11:10
Distell, the liquor group controlled by investment behemoth Remgro, is looking at more expansion opportunities in Africa after recording high double-digit growth in Kenya, Mozambique and Zambia in the interim period ending December. read more
 Libstar banks on new food products

Libstar banks on new food products

14/03/2019 - 10:15
Consumer goods manufacturer and distributor Libstar, whose brands include Lancewood cheese and Denny Mushrooms, says it adjusted to the slowdown in consumer spending by launching hundreds of new food products.  read more
‘Socially conscious’ manufacturer lands major contract with Shoprite

‘Socially conscious’ manufacturer lands major contract with Shoprite

14/03/2019 - 09:53
Plastic manufacturing and recycling company, Verigreen, has been awarded a multi-million rand contract to supply 25 different products under the Shoprite Group’s Ritebrand and Housebrand labels. read more
Adidas chief says it's time for Reebok to start growing again

Adidas chief says it's time for Reebok to start growing again

14/03/2019 - 09:32
After years of efforts to make Reebok profitable again, Adidas Chief Executive Officer Kasper Rorsted has said he’s ready for the next hurdle - getting more people to actually buy its products. read more
Rise in electricity tariff could spike inflation, says Reserve Bank

Rise in electricity tariff could spike inflation, says Reserve Bank

14/03/2019 - 09:08
SA’s electricity tariff increases could push the inflation rate up by 0.75 percentage point, Reserve Bank deputy governor Kuben Naidoo said.  read more
Pick n Pay Smart Shopper vs Woolworths WRewards compared

Pick n Pay Smart Shopper vs Woolworths WRewards compared

14/03/2019 - 08:38
A July 2018 Eighty20 report found that the average South African consumer is subscribed to as many as nine different rewards programmes, covering retail, petrol, and banking, among other sectors. read more
Shares in Denny owner Libstar jump on maiden dividend

Shares in Denny owner Libstar jump on maiden dividend

13/03/2019 - 13:49
Libstar, the consumer goods group that listed on the JSE in May 2018, announced a maiden cash dividend of 22c a share on Wednesday as profits after tax in 2018 edged 1% higher to R236m. read more
Morrisons books 3rd straight year of profit & sales growth

Morrisons books 3rd straight year of profit & sales growth

13/03/2019 - 13:36
Morrisons has recorded another year of growth in sales and profit as chief executive David Potts boasted that the Big 4 grocer’s turnaround scheme was “well on track”.  read more
AVI hit by constrained consumer spending

AVI hit by constrained consumer spending

13/03/2019 - 12:42
Food and beverage company AVI Limited felt the pinch of constrained consumer spending as income from its shoe brands Green Cross and Spitz slid in the half year to December, resulting in revenue in the footwear and apparel category declining by 9.2 percent to R1.14billion. read more
SA business confidence falls to almost two-year low

SA business confidence falls to almost two-year low

13/03/2019 - 12:29
South African business confidence fell to the lowest level in almost two years in the first quarter, with more than two-thirds of respondents dissatisfied with current conditions.  read more
SA, Zim discussing state-guaranteed bank loan

SA, Zim discussing state-guaranteed bank loan

13/03/2019 - 11:49
South Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its northern neighbour’s cash-strapped private sector. read more
Better than expected current-account deficit surprises analysts

Better than expected current-account deficit surprises analysts

13/03/2019 - 09:04
SA’s current-account deficit narrowed more than expected on a wider trade surplus in the fourth quarter. read more
SA brands shine at the MMA’s annual Global Business Impact Index announcement

SA brands shine at the MMA’s annual Global Business Impact Index announcement

12/03/2019 - 13:40
Unilever, KFC, Mindshare, MediaShop, Gorilla and Digitas Liquorice had an outstanding showing at the Mobile Marketing Association’s (MMA) annual Business Impact Index (BII) announcement in New York last week. These SA brands and agencies performed well in relation to their international counterparts in the Africa, EMEA (Europe, the Middle East and Africa) and global categories, bagging first and second place in many instances. read more
Alibaba invests $693m for stake in Chinese courier STO Express

Alibaba invests $693m for stake in Chinese courier STO Express

12/03/2019 - 11:30
Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant’s fourth significant investment in a Chinese courier company. read more
Global economic slowdown and trade war hit risk appetite

Global economic slowdown and trade war hit risk appetite

12/03/2019 - 11:18
More and more evidence that the global economy is turning for the worst and the more aggressive stance of the US on trade tariffs against China had led to a sudden turn-around in risk appetite across the globe. read more
Spitz owner AVI says footwear sales walked all over its results

Spitz owner AVI says footwear sales walked all over its results

12/03/2019 - 10:27
AVI, whose brands include Bakers biscuits and seafood business I&J, said on its footwear businesses struggled the most in the six months ended December. read more
Pick n Pay launches dedicated space in-store to showcase its local small suppliers

Pick n Pay launches dedicated space in-store to showcase its local small suppliers

11/03/2019 - 13:51
Pick n Pay has introduced dedicated shop space to promote local South African products, produced by small businesses, to customers. The ‘Meet the Maker’ showcase will be trialled in eight stores across the country over a three-month period.  read more
Carrefour enables milk product traceability through blockchain

Carrefour enables milk product traceability through blockchain

11/03/2019 - 13:37
French retail giant Carrefour is using blockchain technology to let consumers trace information about the source of its milk products. read more
5 Things effective loyalty programmes have in common

5 Things effective loyalty programmes have in common

11/03/2019 - 11:22
Customer loyalty retention is becoming increasingly important to the success of independent retailers in South Africa. The equation is pretty simple - customer loyalty means repeat business, which equals revenue and long-term sustainability. read more
 Access to Shoprite market allows entrepreneur to thrive

Access to Shoprite market allows entrepreneur to thrive

11/03/2019 - 11:02
Sammy Mhaule got his first taste of entrepreneurship as a 14-year-old when he sold ice cream on the streets of Tembisa. Today he supplies sparkling juice to Checkers Hyper in Gauteng and Checkers in the Free State, but the journey from ice cream peddler to business owner hasn't always been smooth sailing. read more
Former Clicks boss David Kneale joins Woolworths

Former Clicks boss David Kneale joins Woolworths

11/03/2019 - 10:06
Former Clicks CEO David Kneale, who helped the retail group break into the JSE’s top 40 index in 2018, has joined the Woolworths board.  read more
More pain for consumers as food prices, farmers to be affected by electricity hike

More pain for consumers as food prices, farmers to be affected by electricity hike

11/03/2019 - 08:55
Consumers are likely to be hit hard by rising food costs after Eskom was granted above-inflation price increases by the energy regulator for the next three years, according to FNB.  read more
Shoprite Group builds up strength in tough year

Shoprite Group builds up strength in tough year

08/03/2019 - 15:36
2018 was a transformational year for the Group, whose interim results were affected by a number of factors. While the first half performance is below expectations it is not a reflection of the fundamental strength of the business. read more
Coca Cola tops the list of the world's leading brands

Coca Cola tops the list of the world's leading brands

08/03/2019 - 15:01
The Euromonitor International, a market research provider's, Top 100 Megabrands report ranks success consumer goods brands by retail value across the world.  read more
Supermarkets are growing fresh produce in ‘pick your own’ aisles

Supermarkets are growing fresh produce in ‘pick your own’ aisles

07/03/2019 - 14:13
SUPERMARKETS are to start growing fresh produce in ‘pick your own’ aisles. read more
DIY retailers struggle in sputtering economy

DIY retailers struggle in sputtering economy

07/03/2019 - 13:48
SA’s DIY retail stores have mostly been immune to economic downturns. read more
Jameson Irish Whiskey launches new brand message "Taste, that’s why"

Jameson Irish Whiskey launches new brand message "Taste, that’s why"

07/03/2019 - 10:59
It’s about taste. It’s that simple. No gimmicks or tricks. No smoke or mirrors. Jameson Irish Whiskey has always been about the exceptional taste of its whiskey.  read more
 How mall owners can beat the retail blues

How mall owners can beat the retail blues

07/03/2019 - 10:17
A decade ago, just about any developer or listed property fund that owned a mall or built a new one, no matter how big or small, was virtually assured of making a packet. Back then, retail was still the most sought-after investment subsector of the SA real estate market and shopping centres comfortably outperformed offices, warehouses and factories on the total return front. read more
These food prices will rise in coming months, Shoprite warns

These food prices will rise in coming months, Shoprite warns

06/03/2019 - 11:36
Amid all the other pressures in the economy, food inflation has been the one relatively happy place the past year. read more
Retail sales contract by 1.4%

Retail sales contract by 1.4%

06/03/2019 - 11:15
Retail sales for December 2018 contracted by 1.4% year on year, from a downwardly revised 2.9% year on year in November (previously 3.1%).  read more
Lindt expects 5-7 percent growth this year

Lindt expects 5-7 percent growth this year

06/03/2019 - 11:02
Swiss chocolate maker Lindt & Spruengli said it expected organic sales to grow 5-7 percent this year, in line with mid-term targets, as it works to improve the performance in its North American unit. read more
MySchool: 21 early childhood development centres to open in under-resourced communities

MySchool: 21 early childhood development centres to open in under-resourced communities

06/03/2019 - 10:41
The MySchool MyVillage MyPlanet community loyalty programme has launched a new partnership with the GROW with Educare Centres project to establish 21 high-quality early childhood development centres (ECD) in under-resourced communities of Cape Town and Gauteng over the next two years. With funding of almost R5 million, this is one of MySchool’s biggest commitments to a single project to date.  read more
South African independent retailers win big at international awards in USA

South African independent retailers win big at international awards in USA

06/03/2019 - 10:06
Two independent South African retailers have won the prestigious title of International Retailer of the Year (South Africa) at the 2019 IGA International Retailers of the Year awards.  read more
GDP growth for 2018 slightly higher than expectations

GDP growth for 2018 slightly higher than expectations

05/03/2019 - 14:29
SA emerged out of 2018 with growth of 0.8% — which is slightly higher than expectations. read more
The retail apocalypse will claim 4,300 stores this year - Here's why mall giants aren't freaking out

The retail apocalypse will claim 4,300 stores this year - Here's why mall giants aren't freaking out

05/03/2019 - 14:19
More than 4,300 department stores are set to close this year as the retail apocalypse rips through Payless ShoeSource, Gymboree, JCPenney, Gap, Victoria's Secret, and Sears. But one Wall Street analyst says mall giants should easily weather these closures.  read more
Founder of Ted Baker fashion house quits over harassment claims

Founder of Ted Baker fashion house quits over harassment claims

05/03/2019 - 14:04
Ray Kelvin, the founder of British fashion brand Ted Baker, resigned as its CEO following allegations of harassment. read more
Analytics – giving retailers the edge and boosting sales

Analytics – giving retailers the edge and boosting sales

05/03/2019 - 13:51
With the buzz from Black Friday and the festive season now in the rear-view mirror, retailers are looking ahead to ensure the continuation of ‘traffic’ into malls, high streets, pop-up stores, websites, apps and other channels. Today’s retailer is anywhere, anytime, and they’re providing greater levels of personalisation with their services.  read more
3 Reasons why every retailer should consider Click & Collect

3 Reasons why every retailer should consider Click & Collect

05/03/2019 - 13:14
If you want to engage customers and drive foot traffic in your store, then an ecommerce presence is essential. It might sound counter-intuitive, but in this modern shopping environment, online and in-store work together, not against each other, to attract and retain customers. These days people are shopping online more than ever, so not having a digital storefront means you’re missing out on a lot of potential customers. read more
Iconic South Africans the inspiration for new Johnnie Walker campaign

Iconic South Africans the inspiration for new Johnnie Walker campaign

05/03/2019 - 11:20
Johnnie Walker’s new brand campaign celebrates the success of inspirational South Africans who inspire others to 'keep walking'.  read more
Sugar tax didn't sweeten the deal for Clover

Sugar tax didn't sweeten the deal for Clover

05/03/2019 - 11:02
The sugar tax may be aimed at reducing consumption, but it ate its way into Clover's profits, the group said on Tuesday.  read more
The financial burden that could still await SA’s poor

The financial burden that could still await SA’s poor

05/03/2019 - 10:52
While it seems as though South Africa’s lower economic classes have been given some relief in the 2019 Budget Speech, there may still be one more development in the pipeline that could weigh heavily on the poor.  read more
Mall of Africa to launch state-of-the-art Pick n Pay store

Mall of Africa to launch state-of-the-art Pick n Pay store

05/03/2019 - 10:39
Mall of Africa is excited to announce that a new Pick n Pay store will open at the centre in the third quarter of this year.  read more
THE Glenlivet Whisky appoints new Brand Manager

THE Glenlivet Whisky appoints new Brand Manager

05/03/2019 - 10:19
THE Glenlivet’s new South African Brand Manager is THE Keval Ramraj, a young man who has his finger on the pulse of the world of single malt whisky – and whose competitive edge bodes well for the future of this whisky brand that owns the reputation of being THE single malt whisky in the world.  read more
AI revolutionises HR

AI revolutionises HR

05/03/2019 - 09:48
With spending on cognitive and artificial intelligence (AI) systems expected to reach $77.6 billion by 2022 (more than three times the $24 billion forecast for last year), South African companies would do well to consider its impact on their existing and future systems. Its potential in traditionally people-driven processes such as human resources (HR) is significant. read more
P&G launches first new global retail hair care brand in four years

P&G launches first new global retail hair care brand in four years

05/03/2019 - 09:20
The Procter & Gamble Company announced the launch of its first new retail hair care brand globally in four years, inspired by and co-designed with women in Cape Town during the water crisis Capetonians experienced in early 2018.  read more
Shoprite appoints new Group Sustainability Manager

Shoprite appoints new Group Sustainability Manager

04/03/2019 - 14:12
Sanjeev Raghubir has been appointed as Group Sustainability Manager at the Shoprite Group. read more
Nederburg maker Distell lifts earnings, even as sales fall

Nederburg maker Distell lifts earnings, even as sales fall

04/03/2019 - 13:08
Distell Group, which makes Nederburg wines and Klipdrift brandies, reported a double-digit increase in earnings for the six months to December, even as sales volumes fell in SA.  read more
Edcon CEO says focus is now on fixing the business

Edcon CEO says focus is now on fixing the business

04/03/2019 - 10:02
The R2.7bn deal that clothing retailer Edcon reached with its banks, landlords and the Public Investment Corporation (PIC) will free it up to push through with its survival plan, says CEO Grant Pattison. read more
Retail barometer sheds light on festive season trade and new age of consumer culture

Retail barometer sheds light on festive season trade and new age of consumer culture

01/03/2019 - 14:24
Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.  read more
Producer inflation slows more than expected

Producer inflation slows more than expected

01/03/2019 - 12:06
Another substantial drop in fuel prices in January translated into a far sharper slowdown in producer inflation than economists had expected for a second consecutive month. read more
British American Tobacco full-year sales and profit rise

British American Tobacco full-year sales and profit rise

01/03/2019 - 09:47
British American Tobacco (BAT), the second-biggest international tobacco company, reported higher full-year adjusted sales and profit, helped by cigarette market share gains and growth in vaping devices.  read more
South Africa is looking at introducing a national plastic straw ban

South Africa is looking at introducing a national plastic straw ban

28/02/2019 - 14:13
The Department of Environmental Affairs is currently in talks with the industry bodies to phase out or completely ban plastic products like straws and microbeads in South Africa. read more
What Kraft Heinz’s write-down means for other consumer brands

What Kraft Heinz’s write-down means for other consumer brands

27/02/2019 - 09:45
Shares of Kraft Heinz slumped 20% after the food company posted a quarterly loss, disclosed a Securities and Exchange Commission (SEC) investigation and wrote down the value of its Kraft and Oscar Mayer brands. read more
Harrods announces ecommerce partnership with Farfetch

Harrods announces ecommerce partnership with Farfetch

27/02/2019 - 09:13
Harrods has announced a partnership with Farfetch Black & White Solutions to offer a new and improved global ecommerce platform. read more
January 'dismal' as SA's lengthy slump continues

January 'dismal' as SA's lengthy slump continues

27/02/2019 - 08:50
There are indications that the downswing phase in the SA business cycle has entered its 61st month in January - making it nine months longer than the previous slump. read more
 Shoprite negotiating with Wiese-linked company on share deal

Shoprite negotiating with Wiese-linked company on share deal

27/02/2019 - 08:19
Shoprite Holdings is in exclusive talks with Thibault Square Financial Services – linked to billionaire Christo Wiese – over the acquisition, redemption and cancellation of deferred Shoprite shares held by Thibault. read more
Pick n Pay’s Smart Shopper programme expands with the launch of TymeBank

Pick n Pay’s Smart Shopper programme expands with the launch of TymeBank

26/02/2019 - 15:33
Shoppers can now earn bonus Pick n Pay Smart Shopper loyalty points everywhere they shop when paying with their TymeBank debit card. That means that not only will the first fully licensed digital bank in South Africa save shoppers time and money, but it will also reward them through Pick n Pay’s Smart Shopper loyalty programme.  read more
Shoprite shareholders to tighten belts

Shoprite shareholders to tighten belts

26/02/2019 - 15:11
Shoprite shareholders have had their interim dividend cut 24% as the grocery chain battles with losses from outside SA, and shrinking profit in its home market. read more
Food security low on the national agenda

Food security low on the national agenda

26/02/2019 - 14:27
According to the latest available research, 54% of South African households still experience hunger or the risk of hunger. This means that the people living in more than half of South African households do not have enough to eat or are not sure where their next meal is coming from. read more
Grande Provence appoints Vinesse to manage national wine sales and distribution

Grande Provence appoints Vinesse to manage national wine sales and distribution

26/02/2019 - 10:20
Grande Provence, the landmark Heritage Wine Estate in Franschhoek, has appointed Vinesse Wine and Spirit Merchants to manage the national sales and distribution of their wines. read more
Analytics – giving retailers the edge and boosting sales

Analytics – giving retailers the edge and boosting sales

26/02/2019 - 09:57
With the buzz from Black Friday and the festive season now in the rear-view mirror, retailers are looking ahead to ensure the continuation of ‘traffic’ into malls, high streets, pop-up stores, websites, apps and other channels. Today’s retailer is anywhere, anytime, and they’re providing greater levels of personalisation with their services.  read more
No Hammerson payout as it tries to leave UK

No Hammerson payout as it tries to leave UK

26/02/2019 - 09:34
UK and Europe shopping centre owner Hammerson’s dividend will not grow over the next two years while the company, the fourth-largest property group on the JSE, sells more than R9bn worth of its weaker UK and Irish assets.  read more
Cannabis ‘poses long-term risk’ to US alcohol industry

Cannabis ‘poses long-term risk’ to US alcohol industry

26/02/2019 - 08:52
Increased cannabis consumption in the US “poses a long-term risk” to the alcoholic beverage industry, according to new research from the IWSR and BDS Analytics. read more
Informal sector vital part of SA’s economy

Informal sector vital part of SA’s economy

26/02/2019 - 08:41
South Africa’s informal business sector serves a burgeoning consumer market worth more than R100billion in the country’s rural areas, townships and cities, presenting opportunities for corporates and traditional small businesses.  read more
Oh my goodness! Checkers forced to backtrack on Gordon Ramsay 'protein' water range claim

Oh my goodness! Checkers forced to backtrack on Gordon Ramsay 'protein' water range claim

26/02/2019 - 08:33
Oh my goodness! There is no protein in celebrity chef Gordon Ramsay's "Oh My Goodness!" water, as claimed by retailer Checkers. read more
Global brewers have a thirst for African profits

Global brewers have a thirst for African profits

26/02/2019 - 08:26
It’s a somewhat distant memory now, but in the early 2000s the company once known as SA Breweries (SAB) came off second best to global drinks group Diageo in a fight for control of the Kenyan beer market, in what was dubbed the "beer wars". read more
Distell selects WPP as its global partner agency

Distell selects WPP as its global partner agency

25/02/2019 - 15:37
Alcoholic beverages company Distell has selected WPP as its global partner agency.  read more
British retailers plan least investment in seven years ahead of Brexit

British retailers plan least investment in seven years ahead of Brexit

25/02/2019 - 15:02
British retailers plan the least investment in seven years ahead of the country’s departure from the EU, and job cuts in the business sector have gathered pace, a major survey showed. read more
Anheuser-Busch acquires Cutwater Spirits

Anheuser-Busch acquires Cutwater Spirits

25/02/2019 - 14:56
Anheuser-Busch has acquired US alcohol company Cutwater Spirits, as it expands its business in the spirits and canned cocktail category. read more
5 Major mistakes independent retailers should avoid

5 Major mistakes independent retailers should avoid

25/02/2019 - 14:35
There is a lot to be said for being an independent retailer in South Africa at the moment. When your business is small, local and bespoke, you are able to roll with the economic punches. You are agile, flexible and can adapt to absorb the impact of upheavals like a technical recession or a sudden shift in trends. However, as a small fish in a big pond, you also need to have your wits about you. read more
Connect, communicate and reward – loyalty should earn more than points

Connect, communicate and reward – loyalty should earn more than points

25/02/2019 - 12:56
An effective loyalty programme will positively influence the relationship between a service provider and the customer through rewards and incentives – but the days of offering points as the frontline reward are long gone, says LoyaltyPlus. read more
Retail fallout linked to need for innovation

Retail fallout linked to need for innovation

25/02/2019 - 12:13
Retailers across the world continue to face strong headwinds. They have suffered a sharp drop in business in recent years, with bankruptcy filings and store closings almost becoming commonplace.  read more
How SA’s retailers can boost sales with an omnichannel approach

How SA’s retailers can boost sales with an omnichannel approach

22/02/2019 - 13:59
It is no secret that local retailers are having a torrid time. The economy remains in the doldrums with investors and consumers spooked by debilitating load shedding, ongoing job cuts and a volatile political environment. Consumers naturally cut back on spending in uncertain times, and retailers are undoubtedly feeling the heat. read more
Go digital or die, companies warned

Go digital or die, companies warned

22/02/2019 - 11:03
The SA digital market has long played second fiddle to its traditional counterparts, but that is all about to change. read more
Digital sponsorship provides good ROI

Digital sponsorship provides good ROI

21/02/2019 - 14:57
South African organisations are upping their investment in digital advertising, with the total value of internet advertising growing 16.5% to R5.14bn in 2017, according to PwC’s Entertainment & Media Outlook: 2018 – 2022. As they increase their spending on digital, the question of how to improve return on investment (ROI) from this channel is top of mind for brands.  read more
Woolworths CEO confident that right strategies are in place

Woolworths CEO confident that right strategies are in place

21/02/2019 - 13:44
Woolworths Holdings announced results for the 26 weeks ended 23 December 2018. read more
Local mushroom farmer receives Pick n Pay’s 2019 Small Supplier of the Year award

Local mushroom farmer receives Pick n Pay’s 2019 Small Supplier of the Year award

21/02/2019 - 09:46
Local mushroom farmer, Peter Nyathi, founder of Tropical Mushrooms, has been awarded Pick n Pay’s 2019 Small Supplier of the Year. The annual award recognises the company’s top performing supplier from its Enterprise and Supplier Development programme. The winner is selected based on their business’ exceptional growth performance and job creation.  read more
UK government seeks views on proposed plastic packaging tax

UK government seeks views on proposed plastic packaging tax

21/02/2019 - 09:21
The UK government has launched consultations on the introduction of new plastic packaging taxes and tougher rules for packaging producers, in a move towards a more circular economy. read more
Tiger Brands says margins are being squeezed

Tiger Brands says margins are being squeezed

21/02/2019 - 09:07
Tiger Brands, like its competitors in the food-producer arena, says it has not been able to fully pass on higher input costs to consumers in the depressed trading environment. read more
2019 National Budget speech: Five positive, key take outs for local SMEs

2019 National Budget speech: Five positive, key take outs for local SMEs

21/02/2019 - 08:33
Finance Minister Tito Mboweni referenced the private sector as the key engine for job creation in his National Budget speech. Ben Bierman, MD of Business Partners Limited, fully supports this statement, and says that there are five key take-outs that local small and medium enterprises (SMEs) will benefit from:  read more
Woolworths raises R2 Million with One Small Spoon Christmas campaign

Woolworths raises R2 Million with One Small Spoon Christmas campaign

20/02/2019 - 14:06
Christmas is a distant memory already, but thanks to Woolies and their customers, meals will be given to those who need it most throughout 2019.  read more
SA will have to produce 50% more food by 2050 or face crisis

SA will have to produce 50% more food by 2050 or face crisis

20/02/2019 - 11:18
South Africa faces an impending food security crisis if there isn't urgent action to correct unsustainable practices, says an environmental organisation. read more
Transitioning to a new payroll solution

Transitioning to a new payroll solution

20/02/2019 - 08:29
Companies should use the end of financial tax year that is around the corner as an opportunity to re-evaluate their existing payroll solutions. And while it might very well be time to adopt the mantra ‘new year, new solution’, decision-makers must closely scrutinise what their strategic objectives are when it comes to Payroll. This is according to Ian McAlister, General Manager of CRS Technologies South Africa. read more
TFG achieves eCommerce leadership with Oracle

TFG achieves eCommerce leadership with Oracle

19/02/2019 - 15:43
TFG (The Foschini Group), a South African retail group operating in thirty-two countries across five continents, has chosen Oracle to support its digital transformation strategy with the consolidation of twenty-two brands into one online marketplace. With close to 3000 stores, TFG migrated its brick-and-mortar offering to a hassle-free digital platform and now offers the myTFGworld.com online marketplace to its customers. read more
SA limped out of 2018 with growth below 1%

SA limped out of 2018 with growth below 1%

19/02/2019 - 14:20
SA will have limped out of 2018 with growth of below 1%.  read more
Creating a better – and conveniently secure - tomorrow with IoT

Creating a better – and conveniently secure - tomorrow with IoT

19/02/2019 - 14:04
As it rapidly approaches maturity, the Internet of Things (IoT) is set to continue a transformational trajectory, introducing new efficiencies in multiple fields by allowing measurement and analysis on a scale that has never been possible before. From agriculture to logistics, from retail to hospitality, from traffic to health, from the home to the office, the applications for monitoring ”things” are limited only by the imagination. read more
Digital communication is key to good customer experience, here’s how to get it right

Digital communication is key to good customer experience, here’s how to get it right

19/02/2019 - 08:19
Over the past few years, companies have started paying increasing amounts of attention to customer experience (CX). While the idea behind it (customers will keep coming back to a business if they have a good experience), is hardly new, it’s become more and more of a science.  read more
Shoprite replaces stolen computers at Khayelitsha school

Shoprite replaces stolen computers at Khayelitsha school

18/02/2019 - 19:28
Shoprite demonstrated its heart for the Khayelitsha community when it replaced the computers and equipment a local school lost in a recent burglary. read more
Award-winning low-carb health food company – MojoMe launches fundraising partnership with The Sunflower Fund

Award-winning low-carb health food company – MojoMe launches fundraising partnership with The Sunflower Fund

18/02/2019 - 19:18
The partnership between the two organisations will see The Sunflower Fund benefiting from a portion of the proceeds of the sales from two products - the O’ Mega Crunch instant breakfast and the O’ Mega munch instant smooth porridge. The products are easily identifiable with The Sunflower Fund’s logo on the top left corner of the box. read more
Bain's launches SA's oldest Single Grain Whisky in Travel Retail

Bain's launches SA's oldest Single Grain Whisky in Travel Retail

18/02/2019 - 18:32
Bain’s Cape Mountain Whisky, the proudly South African and internationally award-winning single grain whisky, has launched a limited edition 15-Year-Old Single Grain Whisky exclusive to Big5 Duty Free Cape Town International and OR Tambo International Airports, and The James Sedgwick Distillery in Wellington. read more
SA’s first digital bank goes live in 500 Pick n Pay, Boxer Stores

SA’s first digital bank goes live in 500 Pick n Pay, Boxer Stores

18/02/2019 - 14:22
TymeBank, South Africa’s first fully licensed digital bank, will go live in 500 Pick n Pay and Boxer stores next week in preparation for the formal launch later this month.  read more
Global tomato juice market - Key findings and insights

Global tomato juice market - Key findings and insights

18/02/2019 - 13:45
In 2017, the global tomato juice market amounted to 5.7M tonnes, remaining relatively stable as in the previous year. After a moderate decline in the volume of consumption from 2007 to 2009, consumption then regained an upward trend, increasing strongly through to 2013 and then levelling off over the next four years. Overall, the market volume increased at an average annual rate of +1.3% over the period from 2007 to 2017. read more
No-deal Brexit could cost grocery sector billions in first three-months

No-deal Brexit could cost grocery sector billions in first three-months

18/02/2019 - 13:03
The UK grocery industry could lose up to £4.5bn of revenue in the three months after Brexit if retailers and manufacturers are not prepared by 29 March, according to analysis by operational improvement specialist Newton which is offering five steps that might help lessen the impact. read more
Eskom's woes could impact economic growth, with small businesses the hardest hit

Eskom's woes could impact economic growth, with small businesses the hardest hit

18/02/2019 - 11:32
There are warnings that continued load shedding will hamper South Africa’s economic growth, projected to modestly improve in 2019.  read more
 Pioneer Foods boosted by higher prices

Pioneer Foods boosted by higher prices

18/02/2019 - 08:54
Higher prices of bread, wheat flour, rice and export fruit boosted branded foods and beverages producer Pioneer Foods’ performance in the four months ended January 31. read more
Levi Strauss files for stock market comeback

Levi Strauss files for stock market comeback

16/02/2019 - 21:53
Jeans maker Levi Strauss has filed documents to list itself on the New York Stock Exchange, seeking to return to public markets after more than three decades. read more
Amazon drops plans to build New York City headquarters

Amazon drops plans to build New York City headquarters

16/02/2019 - 21:43
US e-commerce giant Amazon said it would not build a new headquarters in New York City due to opposition from "some state and local politicians," though most New Yorkers support its plan.  read more
The war of the platforms

The war of the platforms

16/02/2019 - 21:23
The argument around which marketing platform trumps the others, and whether traditional media is being killed by digital is not new, nor is there a simple answer. Traditional platforms –print, for example – have had to face the reality of digital disruption and adapt accordingly, while consumers have become both more elusive and demanding. Against a backdrop of a dismal economy, perhaps the question to ask is not which platform is better, but which platforms – among the many traditional, digital and experiential opportunities out there, best suit the brand, the objective and the budget. read more
Consumer spending rises in December 2018

Consumer spending rises in December 2018

16/02/2019 - 20:48
Consumer spend over the traditional holiday period in December reflected a year-on-year increase, according to BankservAfrica’s data which measured the value and volume of sales in December. read more
US retail sales post largest decrease since 2009

US retail sales post largest decrease since 2009

16/02/2019 - 20:38
US retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. read more
Is Woolworths unravelling in Australia?

Is Woolworths unravelling in Australia?

15/02/2019 - 16:35
The sudden departure of two Australia-based nonexecutive directors of Woolworths has fuelled speculation that the troubled retailer will be forced to announce another huge write-down related to the R21bn acquisition of the David Jones department store. read more
Clover: Israeli link meeting resistance

Clover: Israeli link meeting resistance

15/02/2019 - 10:58
The market is nervously considering the implications of empowerment company Brimstone’s decision to review its role in the much-awaited takeover of local dairy giant Clover. read more
Latest retail sales figures show disappointing trend

Latest retail sales figures show disappointing trend

15/02/2019 - 10:01
Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.  read more
Woolworths denies that it copied Superlatte products

Woolworths denies that it copied Superlatte products

14/02/2019 - 12:10
Woolworths has categorically denied allegations by Michelle Legge, who founded beverage company Superlatte in 2016, that the retailer has copied her product. read more
New market store opens through the Pick n Pay market store

New market store opens through the Pick n Pay market store

14/02/2019 - 11:51
The community of Thokoza welcomed the opening of Matlala Market and it will now offer customers greater variety, a fresh offering and money services under one roof and on their doorstep.  read more
Strike adds to Dis-Chem’s Christmas woes

Strike adds to Dis-Chem’s Christmas woes

14/02/2019 - 10:33
Dis-Chem’s Christmas sales have been hurt by a strike, the pharmacy chain warned in a trading update. read more
Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

14/02/2019 - 10:07
According to the latest Mastercard Love Index, South Africans are willing to dig deeper into their pockets to spoil the ones they love on Valentine’s Day, splashing out on experiences like dining out and travel rather than on traditional gifts.  read more
Booze, drugs and DIY boost Spar in difficult economy

Booze, drugs and DIY boost Spar in difficult economy

13/02/2019 - 15:40
Robust liquor sales and the inclusion of the pharmaceutical distribution business it bought in 2018 year boosted grocery retailer Spar Group in the weeks leading up to Christmas. read more
How to save a sale with efficient warehouse operation

How to save a sale with efficient warehouse operation

13/02/2019 - 15:11
One of the biggest frustrations instore shoppers face is not being able to find products they’re looking for - whether they are sold out, hard to find or simply not practical to keep in stock. And customers hardly ever ask about them if they’re not. While these missed opportunities may seem inconsequential, they are starting to add up in this competitive retail environment where every sale counts.  read more
Co-op to roll-out franchise model

Co-op to roll-out franchise model

13/02/2019 - 14:40
The Co-op has confirmed that it is looking to develop a network of franchise stores following successful trials of the model. read more
Pick n Pay trials a R5 reusable bag – made from green plastic bottles

Pick n Pay trials a R5 reusable bag – made from green plastic bottles

13/02/2019 - 13:38
Pick n Pay is trialling the lowest priced reusable bag yet in South Africa, as an affordable reusable alternative to plastic carrier bags. read more
IoT offers fast, effective control of every business resource

IoT offers fast, effective control of every business resource

12/02/2019 - 22:51
Internet of Things (IoT) continues to make inroads into South African industries, and it is not difficult to see why. The fact is that with IoT, businesses will always know where everything is, they will be able to keep track of even more data, everything will be faster and remote work will be even more feasible. Another fact is that challenges associated with this technology, like security, connectivity and a sound business plan, are largely being addressed. read more
SA retailer selling gin packs to give your G&T a distinctive twist

SA retailer selling gin packs to give your G&T a distinctive twist

12/02/2019 - 21:45
Retailers have taken note of the huge gin trend - for example, in 2011, Pick n Pay stocked around 20 gins and now have over 100 different varieties - with over 25% of those being locally produced. read more
Toys R Us makes a comeback as Tru Kids Brands

Toys R Us makes a comeback as Tru Kids Brands

12/02/2019 - 19:17
Toys R Us is making a comeback as a brand new company known as Tru Kids Brands, one year after the toy retailer went bust.  read more
One-size-fits-all branding in Africa doesn’t cut it

One-size-fits-all branding in Africa doesn’t cut it

12/02/2019 - 18:37
As the global economic slowdown continues to inhibit opportunities for expansion in home territories, more and more companies are looking to the rest of Africa as a potential growth market. read more
Minuscule manufacturing growth in December, but outlook is positive

Minuscule manufacturing growth in December, but outlook is positive

12/02/2019 - 16:42
While manufacturing was subdued in December, the sector will give growth a slight boost in 2018, data from Statistics SA showed. read more
Struggling Woolworths shares fall after two more directors leave

Struggling Woolworths shares fall after two more directors leave

12/02/2019 - 11:20
Struggling retailer Woolworths saw its share price decline to the lowest level since 2012 after saying two nonexecutive board members with extensive business experience in Australia resigned with immediate effect on Monday. read more
Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

11/02/2019 - 15:10
Woolworths will not be keeping the profits it made from the sale of baby carriers similar to those of a Cape Town-based small business, Ubuntu Baba. read more
Shoprite-supported food garden helps Pinetown community go and go

Shoprite-supported food garden helps Pinetown community go and go

11/02/2019 - 11:03
They abandoned their first food garden because there wasn’t a sufficient water supply plus goats trampled and ate the plants. Now ten years later Nurses at a Go, an NPO focused on improving the lives of people affected by HIV, has a flourishing food garden in a different location. Their garden is supported by Shoprite and provides fresh vegetables to a community in Luganda, Pinetown. read more