Advertise with fastmoving.co.za
 
 

NEWS - Africa's FMCG Retail Authority

SAB supports aware.org to reduce harm caused by misuse of alcohol in SA

SAB supports aware.org to reduce harm caused by misuse of alcohol in SA

15/12/2017 - 16:14
The South African Breweries (SAB) will work alongside the newly launched Association for Alcohol Responsibility and Education (AWARE.org) on evidence based initiatives that focus on reducing the harm caused by alcohol misuse in South Africa.  read more
Leveraging digital platforms for the greater good – beyond the 12-days of Christmas

Leveraging digital platforms for the greater good – beyond the 12-days of Christmas

15/12/2017 - 15:59
“Effective causal communications using the digital ecosystem can be powerful instruments for systemic change and brand longevity, not just in times of giving like the Festive Season”, says Deseré Orrill, Managing Director of HoneyKome and CEO of Ole! Media Group. read more
Producer inflation accelerates unexpectedly in November

Producer inflation accelerates unexpectedly in November

15/12/2017 - 15:00
Farm and factory gate inflation, as measured by the annual change in the producer price index (PPI), rose to 5.1% in November from 5% in October, surprising economists who had expected it to fall slightly.  read more
Celeb chef Jan Hendrick launches own SA wine label

Celeb chef Jan Hendrick launches own SA wine label

15/12/2017 - 14:20
It seems like there's no stopping Jan Hendrik van der Westhuizen. With wine having played a profound role in the culinary journey which lead to him becoming South Africa’s first Michelin-starred chef, he has just launched his first wines under his own label.  read more
Christo Wiese steps down as Steinhoff chairman

Christo Wiese steps down as Steinhoff chairman

15/12/2017 - 11:46
Steinhoff International chairman and largest shareholder, billionaire Christo Wiese, is stepping down from the supervisory board following the accounting scandal that has engulfed the retail giant. read more
SA egg shortage sends prices scrambling

SA egg shortage sends prices scrambling

15/12/2017 - 10:48
The flu virus takes its toll.  read more
Retail sector set to grow amid benign inflation, say analysts

Retail sector set to grow amid benign inflation, say analysts

15/12/2017 - 08:58
Retail sales softened slightly in October as consumers held back in anticipation of Black Friday bargains in November. read more
Shopping malls getting bigger, says study

Shopping malls getting bigger, says study

15/12/2017 - 08:50
According to a recent study conducted by Morgan Stanley Capital International (MSCI) Real Estate South Africa on behalf of the South African Council of Shopping Centres (SACSC), malls are getting bigger. read more
TFG Collect In Store expands countrywide

TFG Collect In Store expands countrywide

15/12/2017 - 08:39
The Foschini Group (TFG) has rolled out its Collect In Store service for online shoppers across the country, taking the number of participating stores to 184, and now offers the service entirely free, with no qualifying amount required. read more
Was Black Friday a win in SA?

Was Black Friday a win in SA?

15/12/2017 - 08:25
Retailers and consumers, door deals and online marketing, geo-tracking, real-time parking deals and refreshments for physical shoppers. Black Friday has evolved into a complex sales phenomenon and looks set to continue to reach new highs, despite (or because of) our rocky economic status.  read more
Steinhoff reveals accounting errors going back to 2016

Steinhoff reveals accounting errors going back to 2016

14/12/2017 - 16:45
Steinhoff International Holdings has revealed that its accounting errors stretch back into 2016, highlighting the extent of wrongdoing at the clothing and furniture retailer that’s led to an unprecedented stock slump over the last week. read more
Woolworths issues product recall on kids tees testing positive for animal fur

Woolworths issues product recall on kids tees testing positive for animal fur

14/12/2017 - 15:28
Woolworths would like to advise their customers that it was alerted to the potential use of animal fur in the pom-pom trims on three children’s t-shirts. With immediate effect, the product was removed off the shelf, pending further investigation. Independent testing was commissioned and has confirmed that the fibre used in the pom-pom trim is indeed animal fur. read more
Retail sales far lower in October than analysts expected

Retail sales far lower in October than analysts expected

14/12/2017 - 11:19
The retail sector did not do as well as expected in October but still signalled stronger economic growth at the start of the fourth quarter.  read more
BAT assured of solid earnings growth

BAT assured of solid earnings growth

14/12/2017 - 09:53
Cigarette company British American Tobacco (BAT) is confident of good earnings growth in the financial year to end-December on a constant currency basis. read more
 Digital signage video walls enhance adidas' brand experience at new flagship store

Digital signage video walls enhance adidas' brand experience at new flagship store

14/12/2017 - 09:00
Moving Tactics, South Africa’s leading digital signage solutions company, recently worked with adidas to install two video walls at their new flagship store in Sandton City Shopping Centre in South Africa.  read more
L’Oreal releases its first fully plant-based hair dye

L’Oreal releases its first fully plant-based hair dye

13/12/2017 - 14:19
L’Oreal, founded more than a century ago by a French chemist who formulated safer, more natural-looking hair dyes, is releasing its first fully plant-based colouring as consumers’ definitions of naturalness and product safety evolve. read more
More probes into embattled Steinhoff as shares continue partial recovery

More probes into embattled Steinhoff as shares continue partial recovery

13/12/2017 - 13:11
Steinhoff’s share price gained another 26% to close at R11.76 on Tuesday even as more investigations into alleged fraud at the embattled global retailer were launched. read more
UK retailers to reap rewards of christmas cross-border sales

UK retailers to reap rewards of christmas cross-border sales

13/12/2017 - 11:22
Cross-border trade is forecast to increase by 57 percent in the UK this festive period, indicating that more overseas shoppers are turning to British retailers than ever before for their Christmas shopping.  read more
Dis-Chem raises R1.1bn but sentiment sours on news of executive sales

Dis-Chem raises R1.1bn but sentiment sours on news of executive sales

13/12/2017 - 10:29
Pharmacy group Dis-Chem has raised R1.1bn to fund its expansion, but the news failed to impress shareholders. read more
Minimising the impact of disruption

Minimising the impact of disruption

13/12/2017 - 08:57
A number of SA industries have been affected by disruption. Customer experience expert Julia Ahlfeldt believes each industry could minimise the impact of it by paying attention to customer experience. read more
Shoprite urges consumers to #ActForChange this festive season

Shoprite urges consumers to #ActForChange this festive season

12/12/2017 - 15:15
South Africans are invited to take hands with the Shoprite Group, who is utilising its extensive store network to support charitable organisations this festive season, to bring some joy to thousands of less fortunate people around the country. read more
Manufacturing production off to a good start in final quarter

Manufacturing production off to a good start in final quarter

12/12/2017 - 14:44
Manufacturing production got the final quarter of a tough 2017 off to a good start, as expected, posting growth of 2.2% for October from a year earlier, after a revised 1.7% year-on-year contraction in September. read more
Dis-Chem shares fall 9% as founders sell shares

Dis-Chem shares fall 9% as founders sell shares

12/12/2017 - 13:33
Dis-Chem Pharmacies’ share price fell 9% to R35.10 on Tuesday morning, just above the R35 per share book build price achieved by founders selling some of their shares.  read more
Shopping and paying: New consumer trends are bringing profound changes

Shopping and paying: New consumer trends are bringing profound changes

12/12/2017 - 11:49
Modern payment methods such as mobile payments are clearly influencing consumer behaviour and their impact starts to be visible in some industries. Which new payment trends are up next? How can retailers take advantage of the evolving landscape and what can they do to ensure they are not left behind as their customers embrace the new payment world? read more
Reputation and corporate bottom line: Steinhoff as a case study

Reputation and corporate bottom line: Steinhoff as a case study

12/12/2017 - 11:17
Even though Christo Wiese has taken the helm as the interim CEO and is trying to stabilise the ship through the storm, Steinhoff faces the threat of becoming the biggest bankruptcy in South African corporate history. (Business Times, 10 December 2017).  read more
SA goes cold turkey as retailers battle to source traditional fare

SA goes cold turkey as retailers battle to source traditional fare

12/12/2017 - 09:45
SA retailers battle to source traditional fare for the festive season. read more
Global brewers consider bids for Vietnam’s Sabeco

Global brewers consider bids for Vietnam’s Sabeco

11/12/2017 - 13:12
Brewing groups, including Thai Beverage, Anheuser-Busch InBev (AB InBev) and Kirin Holdings, are gearing up to bid for a stake in Vietnam’s largest brewer, Sabeco, people familiar with the matter said, with the $5bn sale process by the government opening this week.  read more
Drought-ravaged Western Cape braces for smallest grape harvest since 2005

Drought-ravaged Western Cape braces for smallest grape harvest since 2005

11/12/2017 - 11:52
The South African wine industry, which is reeling because of the severe drought in the Western Cape, is bracing itself for what might be the smallest harvest in more than a decade. read more
Sea Harvest in talks to acquire Viking Fishing

Sea Harvest in talks to acquire Viking Fishing

11/12/2017 - 10:36
Sea Harvest and its parent Brimstone Investments say negotiations are underway to acquire Viking Fishing for an undisclosed amount.  read more
Walmart changes its name

Walmart changes its name

11/12/2017 - 10:16
Walmart is ending a 48-year habit by removing word “stores” out of its legal name. read more
Steinhoff pins hope on Moelis and AlixPartners

Steinhoff pins hope on Moelis and AlixPartners

11/12/2017 - 09:29
Steinhoff International attempted to staunch the bleeding by appointing US investment bank Moelis & Company and management consultants AlixPartners on Sunday. read more
Zara's owner set for worst year since 2008, as online competition bites

Zara's owner set for worst year since 2008, as online competition bites

08/12/2017 - 14:29
You know things are bad in Europe’s fashion industry when even Zara-owner Inditex is having a tough time. read more
DHL supply chain SA introduces central control tower

DHL supply chain SA introduces central control tower

08/12/2017 - 13:34
DHL Supply Chain South Africa introduces a Central Control Tower, providing customers with a bird's-eye view of all transport needs.  read more
Cape Winemakers Guild welcomes new Chairman and new member

Cape Winemakers Guild welcomes new Chairman and new member

08/12/2017 - 11:00
Boela Gerber, acclaimed cellarmaster at Groot Constantia, has become the new Chairman of the Cape Winemakers Guild with one additional member joining the ranks of this respected league of winemakers. read more
Egg price expected to rise 20%

Egg price expected to rise 20%

08/12/2017 - 10:41
South African consumers should brace themselves for a steep hike in the price of eggs, according to Paul Makube, senior agricultural economist at FNB Business.  read more
Steinhoff crashes again after Moody's downgrade to junk

Steinhoff crashes again after Moody's downgrade to junk

08/12/2017 - 10:00
Steinhoff International’s crash resumed on Friday morning, with the share falling another 45% to R5.50, taking its plunge over the week to 90% from Monday’s opening price of R55.80. read more
How AI can streamline the shoe design process

How AI can streamline the shoe design process

08/12/2017 - 09:48
Individuality is highly valued in today’s fashion world, with fashion enthusiasts constantly trying to stay one step ahead before the next latest and greatest trend takes hold. For many, footwear is the perfect canvas to showcase individual style and make a personal statement in everyday life. read more
How Asics offers a personalised experience to customers

How Asics offers a personalised experience to customers

07/12/2017 - 14:19
Footwear and athletic apparel retailer Asics has found a way to personalise the shopping experience for consumers by finding them products that fit perfectly in size and style. read more
Mining sector records exceptionally strong growth in October after September’s contraction

Mining sector records exceptionally strong growth in October after September’s contraction

07/12/2017 - 13:59
The mining sector recorded exceptionally strong growth in October after a contraction in September, indicating a strong beginning to the fourth quarter. read more
Mobile digital world brings chaos and opportunity for SA wine industry

Mobile digital world brings chaos and opportunity for SA wine industry

07/12/2017 - 10:54
Embrace the chaos brought by the mobile phone-fueled digital age and look to Portugal for a roadmap to success in the USA. Those were the clear messages from New York wine importer Cape Classics at a gathering of the South African wine industry hosted at Glenelly Estate in Stellenbosch. read more
Checkers Christmas cake voted SA's #1

Checkers Christmas cake voted SA's #1

07/12/2017 - 10:05
Checkers’ Limited Edition Luxury Fruit and Nut Topped Christmas Cake was voted the best and most decadent Christmas cake in South Africa in the latest Sunday Times Food Awards.  read more
Black Friday vs Cyber Monday in South Africa – who won?

Black Friday vs Cyber Monday in South Africa – who won?

07/12/2017 - 09:58
BankservAfrica, Africa’s largest automated payments clearing house, has published transaction data from Black Friday and Cyber Monday in South Africa for 2017. read more
4 ways retailers can boost the product discovery experience

4 ways retailers can boost the product discovery experience

07/12/2017 - 09:51
What defines the marketplace of the future?  read more
Pernod Ricard confident about Africa despite turbulent times

Pernod Ricard confident about Africa despite turbulent times

06/12/2017 - 16:06
French spirits maker Pernod Ricard is banking on robust growth in Africa, a market where it has expanded sharply in recent years, in spite of challenging macroeconomic conditions on the continent, said a senior company executive. read more
Chocolate sales in Portugal to surpass €200 million in 2017

Chocolate sales in Portugal to surpass €200 million in 2017

06/12/2017 - 14:41
Chocolate sales in Portugal are set to exceed €200 million in 2017, representing growth of between 3% and 5% on 2016, according to Associação dos Industriais de Chocolates e Confeitaria (Association of Chocolatiers and Confectioners).  read more
Steinhoff shares plunge after CEO quits

Steinhoff shares plunge after CEO quits

06/12/2017 - 14:16
Steinhoff International plunged by a record 62% after CEO Markus Jooste quit in the wake of irregularities in the company’s accounts that require further investigation. read more
How retail marketers can shine during the holiday shopping haze

How retail marketers can shine during the holiday shopping haze

06/12/2017 - 11:07
Consumers are constantly confronted across media channels with branded messages. The volume of information is overwhelming, leaving many to disregard those messages or even view them with outright disdain. For email marketers, in particular, message overload threatens to send their strategic marketing messages directly to spam. read more
Agriculture rebound benefits SA's embattled economy

Agriculture rebound benefits SA's embattled economy

06/12/2017 - 10:41
A recovery in agriculture gave GDP a surprise boost in the third quarter and has led to economists revising upwards their forecasts for the year.  read more
Markus Jooste quits as Steinhoff CEO

Markus Jooste quits as Steinhoff CEO

06/12/2017 - 10:19
Steinhoff International CEO Marcus Jooste resigned on Tuesday night, and the release of the company's full-year results - originally scheduled for Wednesday - has been delayed indefinitely. read more
Retailers, here's why you should give email marketing a second chance

Retailers, here's why you should give email marketing a second chance

05/12/2017 - 15:03
While not always receiving the attention it might deserve, email marketing's ability to reach your customers in a highly personalised manner and with an exceptional return on investment makes it a marketing tactic you should consider using more diligently. read more
Jim Beam unveils 'Smart Decanter'

Jim Beam unveils 'Smart Decanter'

05/12/2017 - 14:04
Kentucky bourbon whiskey distiller Jim Beam has unveiled what it describes as its first 'artificially intelligent decanter'. read more
Sappi buys specialty paper assets for $149m

Sappi buys specialty paper assets for $149m

05/12/2017 - 11:18
Paper and pulp group Sappi said on Tuesday it would acquire speciality paper assets from Cham Paper Group, in a $149m deal that will be settled in cash. read more
Manufacturing Circle optimistic about prospects of factories

Manufacturing Circle optimistic about prospects of factories

05/12/2017 - 10:27
Despite the Absa purchasing managers’ index (PMI) spending six months in contractionary territory, the Manufacturing Circle is adamant that manufacturing is SA’s greatest opportunity for job-rich growth. read more
Heineken breaks ground on $100m brewery in Mozambique

Heineken breaks ground on $100m brewery in Mozambique

05/12/2017 - 09:31
Heineken, the world’s second-largest brewer, started building a $100m plant in Mozambique as it seeks to compete with its larger competitor, Anheuser-Busch InBev, in the southeast African country. read more
Toys R Us bankruptcy results in 26 UK outlets being shut

Toys R Us bankruptcy results in 26 UK outlets being shut

04/12/2017 - 17:30
Toys R Us plans to shut at least 26 UK stores, as the retailer goes through bankruptcy proceedings in the US.  read more
 Shoprite renovates safe house for 21 children

Shoprite renovates safe house for 21 children

04/12/2017 - 14:00
Emma Makhatini’s residence in Blue Downs, also known as the Ethembeni Educare & Children’s Care Centre, is home to 21 children who call her ‘mommy’. As a widowed pensioner, Makhatini could not afford to upgrade her security, which put her at risk of losing her Department of Social Development (DSD) registration. read more
Steinhoff exercises its call options for Shoprite

Steinhoff exercises its call options for Shoprite

04/12/2017 - 13:34
Africa's biggest food retailer, Shoprite, on Friday confirmed that Steinhoff Africa Retail (Star) had exercised the call options to acquire a 23.1percent economic stake in and a 50.6percent voting control of the company.  read more
Amazon leaves rivals behind on warehouse expansion

Amazon leaves rivals behind on warehouse expansion

04/12/2017 - 11:32
Amazon has tightened its grip on the UK retail market by taking more than five times as much new warehousing space this year as the next fastest growing rival. read more
Pep and Ackermans give Star a boost

Pep and Ackermans give Star a boost

04/12/2017 - 10:32
Star, the JSE-listed holding company of Pep, Ackerman and other retailers unbundled from Steinhoff on September 20, released its first financial results as a standalone group on Monday morning. read more
Philip Morris opens first boutique store in SA

Philip Morris opens first boutique store in SA

04/12/2017 - 10:08
In an effort to stub out cigarettes and design a better tomorrow for South Africans, Philip Morris International (PMI), a leading tobacco company, has opened its first South African retail location at the Waterfront in Cape Town. read more
‘Sugar tax’ is adopted by Treasury without amendment

‘Sugar tax’ is adopted by Treasury without amendment

01/12/2017 - 15:41
The National Council of Provinces’ (NCOP) select committee on finance has adopted the bill which includes a provision for the health promotion levy — or sugar tax — without amendment. read more
International survey reveals: While Black Friday has gone global, Cyber Monday has remained North American

International survey reveals: While Black Friday has gone global, Cyber Monday has remained North American

01/12/2017 - 11:11
An international survey performed the week preceding Black Friday 2017 examined consumer preferences in anticipation of the end-of-year shopping events. read more
The evolution of retail: Past, present and future

The evolution of retail: Past, present and future

01/12/2017 - 10:29
The retail industry is a dynamic one, always adapting to better cater to customers. For the past decade, we’ve seen a handful of updates and advancements that have propelled the industry forward. No matter how much the industry changes, the idea that “customer experience is king” will always stay the same.  read more
SA records surprise R4.56bn trade surplus in October

SA records surprise R4.56bn trade surplus in October

01/12/2017 - 09:52
Contrary to expectations, SA recorded another monthly trade account surplus in October. read more
Makro opens flagship store in Fourways

Makro opens flagship store in Fourways

30/11/2017 - 14:53
Retail giant Makro has opened a massive new flagship store in Riversands, north of Fourways in Johannesburg. read more
Youth Entrepreneurs honoured at 22nd annual SAB Kickstart Boost Awards

Youth Entrepreneurs honoured at 22nd annual SAB Kickstart Boost Awards

30/11/2017 - 14:39
The South African Breweries (SAB) has announced the winners in its annual SAB KickStart Boost Awards. SAB KickStart Boost is SAB’s youth entrepreneurship development programme which has been running for the past 22 years. read more
Producer inflation eases, as food inflation nears zero

Producer inflation eases, as food inflation nears zero

30/11/2017 - 14:02
Producer price inflation moderated slightly in October, as expected, after accelerating faster than expected in September. read more
Why FMCG brands should target consumers with small format OOH

Why FMCG brands should target consumers with small format OOH

30/11/2017 - 11:40
When it comes to marketing FMCG products, one would presume that virtually every consumer is a target and that the brand communication is going to reach those targets across the entire demographic spectrum.  read more
Marks & Spencer dominates Christmas ad engagement polls

Marks & Spencer dominates Christmas ad engagement polls

30/11/2017 - 10:29
Marks & Spencer’s Christmas advert featuring Paddington Bear has achieved the highest customer engagement for a retailer in 2017’s festive campaign season. read more
Naspers on track in e-commerce lane

Naspers on track in e-commerce lane

30/11/2017 - 09:30
Naspers said on Wednesday that it was making progress with its e-commerce business, which continues to drain cash as companies in this particular division build scale. read more
Cape Classics celebrates 25 years

Cape Classics celebrates 25 years

29/11/2017 - 11:54
Cape Classics is celebrating the 25th Anniversary of the company’s founding in 1992 as a fledgling import business to introduce South African wines to the American wine market.  read more
Why marketers need to pay more attention to imagery

Why marketers need to pay more attention to imagery

29/11/2017 - 11:26
The internet today is a primarily visual medium. Intuitively, most marketers know this. They agonise over which photo to use to highlight their products. They eschew word-heavy sales letters in favour of visually-engaging video. They have passionately-argued opinions about the proper button colour for conversion forms. read more
Nestle, Cuba lay first stone for $55 million coffee and biscuit factory

Nestle, Cuba lay first stone for $55 million coffee and biscuit factory

29/11/2017 - 10:26
Cuba and Swiss firm Nestle laid the first stone of a $55 million coffee and biscuits factory joint venture in the Mariel special development zone, the latest major foreign investment in the Communist-run island.  read more
No end in sight to decline in business confidence

No end in sight to decline in business confidence

29/11/2017 - 10:13
Business confidence has remained worryingly low in the fourth quarter of 2017 and Friday’s credit rating downgrade will see it take a further knock. read more
Woolworths in eye of a storm

Woolworths in eye of a storm

29/11/2017 - 09:57
Woolworths chairman Simon Susman told shareholders at Tuesday’s annual general meeting that the board was confident of the group’s Australian strategy.  read more
Value and features drive customer satisfaction in the mobile handset industry

Value and features drive customer satisfaction in the mobile handset industry

29/11/2017 - 08:56
In handsets, customer satisfaction is driven by the discovery of new features that clients have not been aware of previously, says Prof Adré Schreuder, CEO at Consulta, the company responsible for the latest SA Customer Satisfaction Index (SAcsi) for mobile handsets. read more
Walmart steadily closing in on Amazon in online price war

Walmart steadily closing in on Amazon in online price war

28/11/2017 - 15:48
Walmart Stores is within striking distance of matching Amazon.com’s online prices for the first time, a key milestone in its effort to regain the "low price leader" title. read more
Emerging markets show ‘tremendous’ growth in chocolate

Emerging markets show ‘tremendous’ growth in chocolate

28/11/2017 - 13:47
With "tremendous" demand in emerging markets looking set to continue this season, the world’s third-largest cocoa processor is projecting a sharply smaller global surplus. read more
Shoprite’s Suppliers of the Year go the extra mile

Shoprite’s Suppliers of the Year go the extra mile

28/11/2017 - 13:15
The Shoprite Group recently celebrated its most innovative and reliable suppliers at its 2017 Supplier of the Year Awards.  read more
Tiger Brands eyes Africa expansion

Tiger Brands eyes Africa expansion

28/11/2017 - 10:39
Tiger Brands was looking for acquisitions outside SA and would place more emphasis on due diligence than in the past, management said on Monday. read more
Amazon captures 55% of Black Friday transactions among top online retailers

Amazon captures 55% of Black Friday transactions among top online retailers

28/11/2017 - 09:40
Amazon also accounted for 45% of online purchases on Thanksgiving Day among top 50 e-retailers, Hitwise says. But other data points to strong showings by Walmart, eBay, Kohl’s and Old Navy. read more
Demand for Italian wine grows by 46% in Russia

Demand for Italian wine grows by 46% in Russia

27/11/2017 - 14:22
Russia, one of the top ten leading wine importers in the world, is the country where demand for Italian wine has grown the most, increasing by 343% over the past decade. read more
Anheuser-Busch set to brew beer on Mars

Anheuser-Busch set to brew beer on Mars

27/11/2017 - 14:05
US-based brewing company Anheuser-Busch is all set to make "Budweiser" the first brand of beer on the Red Planet. read more
Black Friday online sales surge to new records with mobile pushing fastest

Black Friday online sales surge to new records with mobile pushing fastest

27/11/2017 - 10:50
Online sales volume on the Black Friday shopping day grew 24% year-over-year, according to data from Salesforce’s retail intelligence unit. read more
Quantum Foods earnings leap on lower input costs

Quantum Foods earnings leap on lower input costs

27/11/2017 - 10:25
Quantum Foods’s share price soared more than 17% after it announced strong full-year financial results. read more
Shoprite rolls out its trucks to help drought-stricken farming communities

Shoprite rolls out its trucks to help drought-stricken farming communities

27/11/2017 - 09:40
Five trucks left the Shoprite Group’s distribution centre in Centurion on Friday morning to collect fodder and transport it to the Northern Cape, where the worst drought conditions in a century are killing off livestock and threatening farmers’ and farm workers’ livelihoods. read more
Tiger Brands hit by strikes and tough market conditions

Tiger Brands hit by strikes and tough market conditions

27/11/2017 - 09:07
Strikes, a shrinking market and aggressive competition in the snacks and treats sector were among the reasons Tiger Brands gave for flat sales and lower profits for its 2017 financial year. read more
H&M: from rags to renewable energy source in Sweden

H&M: from rags to renewable energy source in Sweden

24/11/2017 - 16:06
Burning discarded clothing from retail chain H&M is helping a Swedish power plant replace coal for good. read more
5 Ways Nordstrom is engaging customers

5 Ways Nordstrom is engaging customers

24/11/2017 - 14:41
Nordstrom, Inc.'s net sales increased 2% percent to $3.54 billion in its third quarter of 2017, but same-store sales declined 0.9%. Lost sales from the recent hurricanes accounted for approximately $20 million.  read more
Makro acquires last-mile delivery startup Wumdrop

Makro acquires last-mile delivery startup Wumdrop

24/11/2017 - 09:41
Makro has acquired a majority stake in last-mile delivery startup, Wumdrop, which will allow the retailer to shrink the delivery window in getting products to its customers. read more
National Assembly approves sugar tax

National Assembly approves sugar tax

23/11/2017 - 15:09
The bill providing for the implementation of a tax on sugary beverages — the health promotion levy — was passed by the National Assembly on Tuesday. read more
Alibaba investing $3B in brick-and-mortar grocer

Alibaba investing $3B in brick-and-mortar grocer

23/11/2017 - 13:31
Alibaba Group, French food retailer Auchan Retail and Taiwanese retail company Ruentex Group announced a partnership to share resources and platforms in going after China’s food retail sector, the companies said in a press release.  read more
Winners of the 2017 Financial Mail AdFocus Awards announced

Winners of the 2017 Financial Mail AdFocus Awards announced

23/11/2017 - 11:51
Since 1990, the Financial Mail AdFocus Awards have grown to become a much-anticipated event for South African marketing and communications industry. Today, agencies and individuals are awarded not only for their creative and marketing skills but for their all-around business acumen. read more
Attracting consumers to your start-up

Attracting consumers to your start-up

23/11/2017 - 09:23
When it comes to start-up businesses today, wannabe business owners are far too quick to give up, wanting success to happen overnight. This is the opinion of local entrepreneur, marketing expert, and the founder of Lamelle Research Laboratories, Tony De Barros, who adds that all too often entrepreneurs don’t have a clear vision about where they want to be and why they are doing it in the first place. read more
 Franchises can still cash in, despite turbulent times

Franchises can still cash in, despite turbulent times

23/11/2017 - 09:12
Despite South Africa’s tough economic conditions, franchising businesses are still flourishing. read more
Corporate SA heeds Shoprite’s challenge to help save water

Corporate SA heeds Shoprite’s challenge to help save water

22/11/2017 - 16:15
Corporate South Africa has come on board to support a Smart Water Meter challenge initiated by the Shoprite Group to help roll out a ground-breaking water-saving initiative at Western Cape schools and make a real difference to the province’s water crisis.  read more
Black Friday heads to Shoprite stores countrywide

Black Friday heads to Shoprite stores countrywide

22/11/2017 - 16:01
Shoprite stores countrywide will for the first time ever participate in Black Friday, the world’s biggest sales promotion, on 24 November.  read more
Sandton City Dis-Chem flagship store to open in 2018

Sandton City Dis-Chem flagship store to open in 2018

22/11/2017 - 14:55
Sandton City today announced that Dis-Chem will join its exceptional retail mix next year with a flagship 1,800sqm store. read more
Only one in three retailers optimistic about Black Friday

Only one in three retailers optimistic about Black Friday

22/11/2017 - 13:23
Only one in three retailers are optimistic about their Black Friday business prospects this year, despite predictions average spend will rise nine percent. read more
Consumer inflation slows again, after two months of increases

Consumer inflation slows again, after two months of increases

22/11/2017 - 11:56
Consumer inflation dipped as expected in October, thanks in part to smaller fuel price increases and a continued moderation of food inflation. read more
Protect your business against email borne cyberattacks this Black Friday

Protect your business against email borne cyberattacks this Black Friday

22/11/2017 - 09:23
Black Friday (24 November 2017) is marked with a flurry of online activity, which cybercriminals see as an opportunity to target victims using spear-phishing and malicious attachments harbouring ransomware. read more
How Rhodes plans to increase capacity

How Rhodes plans to increase capacity

22/11/2017 - 09:11
Rhodes Food will spend R350m in the 2018 financial year to, among other things, expand capacity at its pie and bakery facilities, and install clear juice concentrate plant at the Groot Drakenstein production hub to further vertically integrate the fruit juice operation. read more
Sainsbury’s is playing the long game

Sainsbury’s is playing the long game

21/11/2017 - 13:34
Sainsbury’s management appeared unphased after emerging as the underperforming grocer this quarter. Should investors be worried? In the short term, Sainsbury’s may struggle, but they have solid long term prospects. read more
Sales grow at Kaap Agri in face of drought

Sales grow at Kaap Agri in face of drought

21/11/2017 - 13:14
Recently listed farming community retailer Kaap Agri has managed to keep the profit taps open despite a water-shortage crisis afflicting areas in its Western Cape heartland. read more
Shoppers set to spend over £10bn in this year’s Black Friday bonanza

Shoppers set to spend over £10bn in this year’s Black Friday bonanza

21/11/2017 - 11:47
Higher prices and increased retailer participation will drive Black Friday spend this year with total sales over the period set to rise 3.8%.  read more
This year’s Black Friday promises to be ‘best ever’

This year’s Black Friday promises to be ‘best ever’

21/11/2017 - 11:26
Economist Mike Schussler said he expects to see large numbers of consumers spending on Black Friday despite the dire economy. read more
Black Friday, Cyber Monday 2017 reflect growing digital evolution and appetite for seamless digital experiences

Black Friday, Cyber Monday 2017 reflect growing digital evolution and appetite for seamless digital experiences

21/11/2017 - 11:16
With digital transformation initiatives permeating everything business does, the Black Friday and Cyber Monday period this year is expected to illustrate just how far online retailers have come in embracing Availability. read more
What are South Africans expecting this Black Friday

What are South Africans expecting this Black Friday

21/11/2017 - 11:03
We’ve all heard the stories about Black Friday in the US - all the latest goods at crazy low prices - but are South Africans experiencing the biggest day on the shopping calendar in the same way? Kevin Tucker, Founder and CEO of PriceCheck, Africa’s most popular comparison and discovery service, says there’s no doubt about it.  read more
12 Black Friday marketing ideas that cut through the noise

12 Black Friday marketing ideas that cut through the noise

21/11/2017 - 10:44
If shopping is like a sport, Black Friday is the ultimate showdown. You’d best get your Black Friday marketing strategies ready. Unfortunately, there’s a lot of noise out there when it comes to Black Friday marketing campaigns. read more
Reserve Bank’s leading indicator rises in September

Reserve Bank’s leading indicator rises in September

21/11/2017 - 10:16
The Reserve Bank’s composite leading business cycle indicator increased slightly in September‚ to 98.4 from 97.2 in August. read more
Pioneer Foods' full-year profit plunges on lagging effects of drought

Pioneer Foods' full-year profit plunges on lagging effects of drought

21/11/2017 - 10:07
Pioneer Foods sees a recovery in the 2018 financial year after disappointing results in the year to September. read more
Maerua Mall bucks trend during economic downturn

Maerua Mall bucks trend during economic downturn

21/11/2017 - 09:46
Despite the country’s economic travails over the last couple of years, Maerua Mall has shown its confidence in Namibia’s ability to bounce back by commissioning and overseeing a major upgrade to the shopping centre that included the establishment of a brand-new Family Entertainment Centre. read more
Brick-and-mortar stores aren't dead: They just need a digital makeover

Brick-and-mortar stores aren't dead: They just need a digital makeover

21/11/2017 - 08:58
2017 has been a tough year for retail. Over 300 retail companies have filed for bankruptcy since January, while others have seen increased store closings and struggles on the stock market.  read more
KWV named Brandy Producer of the Year at International Wine and Spirit Competition

KWV named Brandy Producer of the Year at International Wine and Spirit Competition

21/11/2017 - 08:46
Paarl-based wine and spirit producer KWV walked away with all the major awards at the annual International Wine and Spirit Competition (IWSC) in London, beating local – and international – brandy and cognac producers to the ultimate title: Brandy Producer of the Year.  read more
No blackout on Black Friday‚ say retailers

No blackout on Black Friday‚ say retailers

20/11/2017 - 15:31
Will the "glitch" steal Christmas for online shoppers this Black Friday? read more
Lower feed costs boost Astral’s earnings

Lower feed costs boost Astral’s earnings

20/11/2017 - 14:36
Astral Foods has raised its final dividend by a hefty 775% to R8.75, after the poultry producer nearly doubled its full-year headline profit. read more
Internet retailers turn to physical stores as online sales look set to decline

Internet retailers turn to physical stores as online sales look set to decline

20/11/2017 - 11:15
A growing number of online retailers are opening physical stores on the high street in a bid to attract customers, as the growth of internet shopping looks set to slow. read more
Trade report delay of Distell shares hints at high premium

Trade report delay of Distell shares hints at high premium

20/11/2017 - 10:45
It is still not clear why the parties involved in the R10bn trade in Distell shares waited six months to report the trade to the JSE as required by the exchange’s rules. read more
Local retailers pin hopes on Black Friday sales

Local retailers pin hopes on Black Friday sales

20/11/2017 - 08:41
Despite a dire political and economic environment, retailers are upbeat about Black Friday sales and Christmas spending. read more
Checkers partners up with UberEATS

Checkers partners up with UberEATS

17/11/2017 - 14:37
Checkers announced it is partnering with UberEATS to make holiday entertaining even more convenient for its Cape Town consumers this summer.  read more
Weylandts launches concept store in Sandton City

Weylandts launches concept store in Sandton City

17/11/2017 - 14:13
SA’s leading furniture and homeware retailer, Weylandts, has launched an exciting new concept store in Sandton City. A dramatic luxury hotel-themed shop fitting canvas has been created on which to display their furniture and homeware, providing a shopping experience unique to South Africa. read more
Walmart online growth leaps 50%, lifts annual profit guidance

Walmart online growth leaps 50%, lifts annual profit guidance

17/11/2017 - 13:42
Walmart is on a roll as it continues to reap the benefits of its e-Commerce push, seeing 50% online sales growth in Q3. The total remains well ahead of Walmart’s 40% e-Commerce growth projections for 2018.  read more
Helping SA’s SMEs gear up for the summer season

Helping SA’s SMEs gear up for the summer season

17/11/2017 - 13:33
South Africa’s economy is not faring well. The country’s GDP declined 0.3% in the fourth quarter of 2016 and 0.7% in the first quarter of 2017. Second-quarter data for 2017 shows year-on-year GDP growth was 1.1%, and for the six months growth has remained at 1.1%.  read more
Trading hardship continues for Italtile

Trading hardship continues for Italtile

17/11/2017 - 11:19
Italtile says weak trading conditions in the second half of the financial year persisted in the 19 weeks from July 1 to November 10. read more
Anheuser-Busch InBev appoints new CEO

Anheuser-Busch InBev appoints new CEO

17/11/2017 - 10:02
International brewing company Anheuser-Busch InBev appointed Michel Doukeris as its new CEO and zone president North America, effective on 1 January 2018. read more
#BlackFriday: Takealot ready for ‘exam time’

#BlackFriday: Takealot ready for ‘exam time’

17/11/2017 - 09:35
Online retailer Takealot.com launched #BlackFriday in South Africa five years ago. While at the time the event was meant to be a promotional effort for the brand, CEO Kim Reid now thinks of it as an annual exam. read more
Festive retail sales may help give GDP a boost

Festive retail sales may help give GDP a boost

16/11/2017 - 13:53
The retail sector is set to make a positive contribution to third-quarter GDP as retailers adapt to the difficult economic conditions and as they look forward to the festive season for relief. read more
South Africans going increasingly global for Black Friday deals

South Africans going increasingly global for Black Friday deals

16/11/2017 - 11:51
South Africans are increasingly shopping for global Black Friday deals in the US, UK, China, Australia and Europe by subscribing to international shipping services. read more
Spar to rotate external auditors

Spar to rotate external auditors

16/11/2017 - 11:41
The Spar Group is the second JSE-listed company to move to comply with the new requirement of the Independent Regulatory Board for Auditors (Irba) that external auditors be rotated every 10 years. Mandatory audit firm rotation will come into force in 2023. read more
Amazon’s cashierless store is almost ready for prime time

Amazon’s cashierless store is almost ready for prime time

16/11/2017 - 11:25
For the past year, Amazon employees have been test driving Amazon Go, an experimental convenience store in downtown Seattle.  read more
Woolworths will be dreaming of a prime Christmas

Woolworths will be dreaming of a prime Christmas

16/11/2017 - 09:40
Woolworths will need strong Christmas sales for its interim turnover growth to outpace inflation, a trading update for the first 20 weeks of its financial year released on Thursday morning indicated. read more
Target's holiday-quarter profit forecast disappoints, shares dip

Target's holiday-quarter profit forecast disappoints, shares dip

15/11/2017 - 15:31
Target Corp (TGT.N) issued a disappointing profit forecast for the key holiday quarter as it continues to depend on price cuts to drive traffic to its stores and online, sending its shares down 4 percent in premarket trading.  read more
Retail sector offers good news for third-quarter economic growth

Retail sector offers good news for third-quarter economic growth

15/11/2017 - 14:15
In good news for third-quarter economic growth, the retail sector did better than expected in September. read more
Shoppers turning to one-stop forecourt stores

Shoppers turning to one-stop forecourt stores

15/11/2017 - 13:16
Despite the pressurised retail environment in SA, there is excellent potential for one-stop-shops like garage stores and corner shops. read more
Bottle stores help Spar counter slowing grocery sales growth

Bottle stores help Spar counter slowing grocery sales growth

15/11/2017 - 08:39
Double-digit liquor sales growth outweighed lower grocery sales for Spar in the year to end-September. read more
Edcon reports profit improvement despite decline in sales

Edcon reports profit improvement despite decline in sales

14/11/2017 - 17:04
Unlisted retail group Edcon reported on Tuesday that its net profit improved by 3.8% to R2bn, although sales declined in the September quarter from the matching period in 2016 read more
Gruppo Campari posts 8.1% sales growth in first nine months

Gruppo Campari posts 8.1% sales growth in first nine months

14/11/2017 - 14:56
Italian drinks manufacturer Gruppo Campari has posted revenue growth of 8.1% in the first three quarters of the year, with sales reaching €1,275.8 million. read more
Wal-Mart partners with Lord & Taylor

Wal-Mart partners with Lord & Taylor

14/11/2017 - 14:28
Wal-Mart Stores Inc (WMT.N) said on Monday it will offer Hudson’s Bay Co- (HBC.TO) owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business. read more
Lewis targets festive marketing

Lewis targets festive marketing

14/11/2017 - 13:32
Furniture retailer Lewis will ramp up its marketing to take advantage of the festive season. read more
Voice search: How could it change your customer's journey?

Voice search: How could it change your customer's journey?

14/11/2017 - 11:08
ComScore estimates that by 2020, we will be performing over 200 billion voice searches per month. As a result, we are undoubtedly going to see a vast change in human behaviour and attitudes towards digital assistants within the few years. read more
Tax stamps for alcohol

Tax stamps for alcohol

14/11/2017 - 10:00
Fake and counterfeit alcohol poses a serious risk to public health. Reports have indicated that people who have ingested fake alcohol have suffered effects that range from excessive vomiting and headaches to breathing difficulties, blindness, seizures and even death. read more
Green shoots visible for Tongaat after devastating drought

Green shoots visible for Tongaat after devastating drought

13/11/2017 - 12:05
Tongaat Hulett, SA’s largest sugar producer, is starting to see the positive effects of the end of a devastating drought that hit its operations in KwaZulu-Natal, Zimbabwe, and Mozambique. read more
Spar opens first premium store in China

Spar opens first premium store in China

13/11/2017 - 10:58
Spar has opened its first premium store in China, with a focus on green, environmentally friendly and health conscious produce. read more
Alibaba Singles Day racks up $1 billion in sales in two minutes

Alibaba Singles Day racks up $1 billion in sales in two minutes

13/11/2017 - 10:46
Alibaba Group kicked off its annual Singles’ Day shopping bonanza, logging $1 billion in gross merchandise volume within the first two minutes. read more
Inflation may slow retail sales

Inflation may slow retail sales

13/11/2017 - 09:01
Retail sales are projected to contribute positively to third-quarter economic growth despite a slight moderation in September as the spotlight falls on consumption this week. read more
Lewis sells more furniture, but more of it is on credit

Lewis sells more furniture, but more of it is on credit

13/11/2017 - 08:53
The proportion of furniture Lewis sold on credit in the first half of is financial year widened to 68.8% from 63.4% in the matching period, helping it grow merchandise sales 5% to R1.3bn. read more
Strong performance in Asia-Pacific helps Richemont return to growth

Strong performance in Asia-Pacific helps Richemont return to growth

10/11/2017 - 15:34
A 23% surge in luxury watch and jewellery sales in Richemont’s largest market, Asia-Pacific, helped the group return to growth in the first half of its financial year. read more
Adidas sales soar in key markets

Adidas sales soar in key markets

10/11/2017 - 13:47
Sportswear giant Adidas has seen group revenues across all but one of its markets grow over the last quarter. read more
Clicks focuses on in-store digital journey

Clicks focuses on in-store digital journey

10/11/2017 - 13:18
Today’s customer expects to engage with retailers in an engaging and digitally interactive way in-store and retailers are focusing on this customer journey to develop the relationship and increase sales.  read more
World Banana Forum warns bananas could disappear from UK supermarket shelves

World Banana Forum warns bananas could disappear from UK supermarket shelves

10/11/2017 - 10:24
Bananas are under threat from so-called 'Panama disease', threatening to cut off the supply of one of the UK's favourite fruits. read more