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Start-ups turn waste into opportunity

Start-ups turn waste into opportunity

18/01/2019 - 15:28
Global food waste is a problem that weighs 1.3 billion tons a year. A third of all food produced never gets eaten; a fact that has launched a food rescue movement. These are some of the food businesses transforming waste in smart and surprising ways. read more
Woolworths bedeviled by declining sales

Woolworths bedeviled by declining sales

18/01/2019 - 10:35
As Woolworths tries to recover from the impairments of A$712.5 million (R7.02 billion) it suffered last year in its Australian subsidiary David Jones, the retailer continued to experience declining sales in the 26 weeks to end December trading period in South Africa.  read more
TFG bucks retail trend over festive season

TFG bucks retail trend over festive season

18/01/2019 - 08:00
Apparel group TFG, which operates the Foschini, American Swiss and Markham chains, has bucked the retail trend and produced solid growth numbers for the festive season. read more
Connect the data and the dots to deliver exceptional experiences for customers

Connect the data and the dots to deliver exceptional experiences for customers

17/01/2019 - 14:30
It takes months to find a customer and only seconds to lose one, or so the saying goes. These days, however, it might be more like milliseconds. read more
SA poultry industry wants hefty increase in tariffs to protect local industry

SA poultry industry wants hefty increase in tariffs to protect local industry

17/01/2019 - 13:20
The South African poultry industry has defended its application for a hike in import tariffs of frozen chicken portions to 82%, saying the cheap chicken imports mainly from Brazil hurt the competitiveness of local producers. read more
Edcon gets some breathing space

Edcon gets some breathing space

17/01/2019 - 10:34
Edcon is at a turning point yet again. The retailer — which operates the Edgars, Jet and CNA chain stores — has just wrapped up a deal with 250 stakeholders, including its shareholders and landlords, in a bid to keep its doors open. read more
M&S confirms more store closures

M&S confirms more store closures

17/01/2019 - 08:41
Marks & Spencer confirmed the location of the next batch of stores it plans to close as part of its restructuring plans. read more
Black Friday boosts November’s retail sales

Black Friday boosts November’s retail sales

16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.  read more
Tongaat Hulett appoints new CEO

Tongaat Hulett appoints new CEO

16/01/2019 - 11:16
Tongaat Hulett is pleased to announce the appointment of John Gavin Hudson as the CEO, and an executive director, of the company with effect from 1 February. read more
Cannabis products are flying high

Cannabis products are flying high

16/01/2019 - 10:17
Cannabis-flavoured products have been soaring in popularity ever since the Constitutional Court ruled that dagga is now legal for private use in September last year.  read more
Five smart ways to shift excess stock

Five smart ways to shift excess stock

16/01/2019 - 08:49
Surplus stock is one challenge that every retailer wants to turn into an opportunity. read more
Carrefour to use AI for supply chain optimisation

Carrefour to use AI for supply chain optimisation

15/01/2019 - 15:19
Carrefour has announced plans to use artificial intelligence to optimise its inventory management, making it the first French retailer to do so. read more
Why Macy’s guidance triggered US retail wipeout

Why Macy’s guidance triggered US retail wipeout

15/01/2019 - 14:18
Macy’s did not have as merry a Christmas as it expected, and now all of retail is under the microscope. read more
The era of post-modern marketing

The era of post-modern marketing

15/01/2019 - 14:05
It’s the age of post-modern marketing when creativity and storytelling are combined with modern technology and a focus on human behaviour. read more
Tiger Brands set to bounce back in 2019

Tiger Brands set to bounce back in 2019

15/01/2019 - 11:47
Tiger Brands, which lost R1.4bn in revenue in financial 2018 due to listeriosis, looks set to bounce back from the deadly outbreak, with revenue and earnings to rise steadily in the next three years, according to brokerage firm Arqaam Capital. read more
Global pineapple juice market - Key findings and insights

Global pineapple juice market - Key findings and insights

15/01/2019 - 09:04
The global pineapple juice market revenue amounted to $829M in 2017, coming down by -4.1% against the previous year. A dip in raw material prices for the pineapple concentrate and uncertainty within producers in Thailand resulted in a price drop and a subsequent fall in the market value.  read more
Mergers & acquisitions: How to manage growth with the right brand architecture strategy

Mergers & acquisitions: How to manage growth with the right brand architecture strategy

14/01/2019 - 13:30
According to Reuters, there were over 50,000 merger & acquisition (M&A) deals announced in 2018. By May, R26.6-trillion had been spent on M&As, more than seven times SA’s annual GDP. read more
AB InBev soars on potential IPO of Asian operations

AB InBev soars on potential IPO of Asian operations

14/01/2019 - 11:26
AB InBev’s share price jumped 8% to R1,045.79 after Bloomberg reported it is considering separately listing its Asian operations. read more
Another boost for the manufacturing sector in November

Another boost for the manufacturing sector in November

14/01/2019 - 11:09
Production from SA’s factories continued to improve in the last quarter of 2018, data from Statistics SA (Stats SA) showed.  read more
The customer’s journey to the cloud

The customer’s journey to the cloud

14/01/2019 - 11:02
Migrating to the cloud is no longer the complex process it once was. Thanks to the evolution of technology, moving from an on-premise environment can be done much more efficiently than before. Even attitudes towards this strategic shift have changed. read more
Virgin Money enables cashless payments with national retailers

Virgin Money enables cashless payments with national retailers

14/01/2019 - 10:52
Virgin Money has signed agreements with a number of businesses where customers can pay for goods and services directly using its digital peer-to-peer (P2P) payment app, Virgin Money Spot. read more
Online sales boost luxury goods group Richemont’s earnings

Online sales boost luxury goods group Richemont’s earnings

14/01/2019 - 09:04
Johann Rupert’s Richemont, the luxury goods group that was initially cautious about e-commerce, has seen online businesses YOOX Net-a-Porter (YNAP) and Watchfinder giving its earnings a handy boost.  read more
4 Key trends that will continue to shape convenience retail in 2019

4 Key trends that will continue to shape convenience retail in 2019

10/01/2019 - 13:26
As convenience retail continues to grow as an industry sector, retailers must remain focused on the most significant trends that will see their businesses flourish, and in so doing, strengthen their standing in the ever-competitive retail environment. read more
Retail sector facing subdued operating conditions

Retail sector facing subdued operating conditions

10/01/2019 - 08:44
Despite South Africa exiting the technical recession following growth in the economy in the three months to September, the outlook for the country’s retail sector for 2019 continues to be subdued. read more
Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

09/01/2019 - 15:40
Woolworths has said it will remove the baby carrier product from its stores, following a meeting with a business owner who claimed the retailer had copied her idea. read more
Factory owners end 2018 in upbeat mood

Factory owners end 2018 in upbeat mood

09/01/2019 - 14:03
Activity in the manufacturing sector reached its best level in 2018 in December, ending the year on a strong note. read more
Back to school - New uniform trends from Ackermans

Back to school - New uniform trends from Ackermans

09/01/2019 - 09:19
Going back to school after the holidays is often a stressful time for most families; children and parents have to make the inevitable transition from easy summer life to days filled with carpooling, homework and extra-mural activities. read more
The highs and lows of December retail 2018

The highs and lows of December retail 2018

08/01/2019 - 13:49
December retail figures from the US, UK, China and South Africa differed widely and are, more than ever, relative to the prevailing politics and consumer confidence in each area.  read more
AB InBev to make Budweiser in the UK using renewable energy

AB InBev to make Budweiser in the UK using renewable energy

08/01/2019 - 08:37
AB InBev’s Budweiser beer in the UK will be brewed with 100% renewable electricity thanks to a new deal with solar energy firm Lightsource BP.  read more
Record Christmas for Aldi as it steals customers from rivals

Record Christmas for Aldi as it steals customers from rivals

07/01/2019 - 14:43
New stores and demand for its premium ranges helped Aldi generate UK sales of almost £1bn in December, its best ever result for the Christmas trading period.  read more
AB InBev and Tilray in joint venture to develop cannabis drinks

AB InBev and Tilray in joint venture to develop cannabis drinks

07/01/2019 - 10:36
SAB owner Anheuser-Busch InBev has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a research partnership with Canadian pot firm Tilray. read more
SA records trade surplus in November

SA records trade surplus in November

07/01/2019 - 08:43
SA recorded a trade surplus of R3.49bn in November, statistics released by Sars reveal. However, for the 11 months to end-November, there was a trade deficit amounting to R4.16bn, a deterioration on the surplus for the comparable period in 2017, of R62.3bn.  read more
Shoprite fights high education costs with low-price uniforms and school fee competition

Shoprite fights high education costs with low-price uniforms and school fee competition

07/01/2019 - 08:36
Shoprite is helping to ease the burden of rising education costs by offering its customers a basic school uniform for under R100 and giving more than 460 learners the opportunity to have their 2019 school fees paid for.  read more
Starbucks abandons expansion plans in SA

Starbucks abandons expansion plans in SA

07/01/2019 - 08:20
High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans in South Africa – seen as a foothold for the continent. read more
Relief for Edcon as lenders extend waivers

Relief for Edcon as lenders extend waivers

21/12/2018 - 13:56
Clothing retailer Edcon has been given some breathing room by its lenders as it struggles for survival. The group, which confirmed that it was in talks with its funders and other stakeholders, said its lenders have extended waivers to allow time for the implementation of its restructuring and recapitalisation. read more
Edcon is looking for white-knight investors

Edcon is looking for white-knight investors

21/12/2018 - 08:34
Troubled clothing retailer Edcon confirmed it is in talks with new investors in its efforts to ensure its survival. read more
SA food and non-alcoholic beverages inflation unchanged

SA food and non-alcoholic beverages inflation unchanged

20/12/2018 - 15:33
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months, supported by an increase in agricultural commodities prices. The headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat price inflation at fairly lower levels in the near term which will, in turn, influence the overall increase. read more
A disappointing Black Friday for in-store retailers

A disappointing Black Friday for in-store retailers

20/12/2018 - 10:54
Most retailers had high expectations of bumper sales on Black Friday, November 23, but data from retail management platform Vend shows that that in-store retail spending decreased from 2017 with a 10% drop in spending and a 2% drop in sales volumes. read more
The magnetic relationship between news and movement in the forex market

The magnetic relationship between news and movement in the forex market

20/12/2018 - 09:04
Currency value can be affected by a million different news stories during the course of the day - influencing small or significant movements in the forex. News and events are usually centred on either economic, political or banking policy, although there are other ways in which the news can influence and affect both large and small-scale price movements. read more
Kit Kat Group's support of stokvels shows dividends

Kit Kat Group's support of stokvels shows dividends

20/12/2018 - 08:36
For the third consecutive year, bulk retailer The Kit Kat Group’s long-standing association with stokvels is showing strong growth. read more
Food-to-go: Retailers tuck into a growing trend

Food-to-go: Retailers tuck into a growing trend

19/12/2018 - 14:19
The report, ‘Business models to ride the food-to-go wave,’ released by Rabobank, explores the growing trend of precooked and ready-to-eat meals, and how retailers and foodservice providers can work together to benefit from this movement. read more
58% of UK shoppers face Christmas delivery problems

58% of UK shoppers face Christmas delivery problems

19/12/2018 - 11:39
More than 50 per cent of people who shopped online over last year’s Christmas period have experienced some sort of problem with their delivery, according to new research. read more
How do businesses offer added value to their customers?

How do businesses offer added value to their customers?

19/12/2018 - 11:01
There was a time where a great product or a great service could attract enough attention on their own. With the rise of technology heightening the competition between businesses and the immense changes that the mass adoption of the internet has brought, though, that great product or service now needs to be accompanied by something more. read more
Why mobile is the gatekeeper of brand loyalty today

Why mobile is the gatekeeper of brand loyalty today

19/12/2018 - 10:33
Achieving long-term brand loyalty has become brutally difficult for South African retailers. Mobile represents an unparalleled opportunity for savvy retailers to reach customers in more personalised, efficient and powerful ways – paving the way for a new era of data-driven brand loyalty. read more
SA malls gearing up for Christmas

SA malls gearing up for Christmas

19/12/2018 - 10:05
Hot off the heels of the global Black Friday phenomenon, retailers, brands and shopping centres across South Africa have geared up to make the most of 2018’s Festive Season which is already upon us. read more
SA preparing for all Brexit outcomes

SA preparing for all Brexit outcomes

19/12/2018 - 08:05
South Africa's Department of Trade and Industry (dti) is preparing for all eventualities regarding Brexit, says Minister of Trade and Industry Rob Davies.  read more
China’s online shopping to disrupt the world soon enough

China’s online shopping to disrupt the world soon enough

19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.  read more
SA consumer spend shows moderate uptick ahead of  festive season

SA consumer spend shows moderate uptick ahead of festive season

18/12/2018 - 13:58
Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse™, which looks at overall retail spending trends across all payment types.  read more
Affiliate marketing in numbers: What is it?

Affiliate marketing in numbers: What is it?

18/12/2018 - 11:37
Affiliate marketing is a great way to connect with other companies and brands to establish a mutually beneficial relationship. It's a great way to monetize your website and earn a few extra bucks easily. Affiliate marketing uses website traffic from one website to generate clicks and sales for the affiliate brand. The site who posts the affiliate link will then get a percentage of the income generated from those clicks and sales.  read more
What FMCG companies can learn from the online trading industry

What FMCG companies can learn from the online trading industry

18/12/2018 - 08:09
Fast-Moving Consumer Goods (FMCG) are, by their very nature, products that are designed to be sold quickly at a relatively low cost. Unlike luxury items that often need to sit on the shelf for an extended period of time in order to build up some exclusivity, FMCG products need to be sold as quickly as they’re advertised. With speed being the key ingredient in the FMCG industry, any weak links in the chain can harm a manufacturer's bottom-line. read more
Moët & Chandon launches champagne bottles designed by Virgil Abloh

Moët & Chandon launches champagne bottles designed by Virgil Abloh

17/12/2018 - 19:32
Moët & Chandon has unveiled limited-edition champagne bottles designed by Virgil Abloh for Nectar Impérial Rosé. read more
Edcon chief confirms recapitalisation drive

Edcon chief confirms recapitalisation drive

17/12/2018 - 19:22
South African retailer Edcon confirmed that it is in discussions with stakeholders, including landlords and suppliers, regarding the group’s continued recapitalisation programme. read more
Organic wine market growing fast but to remain niche: study

Organic wine market growing fast but to remain niche: study

17/12/2018 - 17:21
The market for organic wine will grow rapidly in the next five years as environmentally-conscious consumers increasingly favour pesticide-free wines, but their market share will remain relatively small globally, a study showed. read more
Iceland opens world’s first supermarket ice rink

Iceland opens world’s first supermarket ice rink

14/12/2018 - 14:05
Iceland has introduced a new concept for Christmas – shopping on ice! read more
Superdry blames warm weather as shares plunge on warning

Superdry blames warm weather as shares plunge on warning

14/12/2018 - 10:02
Superdry shares plunged more than a third after the British fashion chain warned on profits for the second time in less than three months, blaming unusually warm weather for hitting sales of winter jackets and jerseys. read more
SPAR receives global recognition for plastic initiative

SPAR receives global recognition for plastic initiative

14/12/2018 - 09:27
SPAR Eastern Cape achieved global recognition for their commitment to reducing plastic pollution when they received an award at the SPAR International Conference last month. read more
Farm and factory gate inflation slows slightly

Farm and factory gate inflation slows slightly

14/12/2018 - 09:00
Falling fruit and vegetable prices helped slow producer inflation in November. read more
Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

13/12/2018 - 15:42
Panel television sales soared in South Africa during Black Friday week, climbing by 66% to just over 93,000 units when compared to the same week in 2017, according to point of sale tracking data from GfK South Africa’s Weekly Monitor. This builds on the 47% growth over 2016 recorded during the week of Black Friday in 2017.  read more
5 Retail trends and predictions for 2019

5 Retail trends and predictions for 2019

13/12/2018 - 14:01
2019 is here, and if you’re in retail, you’re likely wondering what the next 12 months will bring. read more
Shoprite opens first store in Kenya to battle French retailer

Shoprite opens first store in Kenya to battle French retailer

13/12/2018 - 10:33
Shoprite is seeking a foothold in Kenya’s retail industry, where the collapse of two local supermarket chains has created opportunities for Africa’s biggest grocer and its international rivals. read more
Superdry half-year profits drop by 49%

Superdry half-year profits drop by 49%

13/12/2018 - 10:13
Superdry has revealed a massive drop in underlying profit in its interim results despite an uptick in overall revenue, as the fashion retailer conceded it had a “difficult first half”. read more
SA to spend more than R200bn over the festive season

SA to spend more than R200bn over the festive season

13/12/2018 - 09:57
South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found. read more
Twelve trends to shape media and marketing in 2019

Twelve trends to shape media and marketing in 2019

13/12/2018 - 09:15
Kantar’s recently released media landscape predictions outline 12 trends that are expected to shape the media and marketing industry across the board over the next year. read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Cape Winemakers Guild swells its ranks with two new members

Cape Winemakers Guild swells its ranks with two new members

13/12/2018 - 07:58
The prestigious Cape Winemakers Guild has two new members with the induction of JD Pretorius and Samantha O’Keefe into this respected league of masters in the art of winemaking. read more
MySchool celebrates 21 years of giving back

MySchool celebrates 21 years of giving back

12/12/2018 - 10:37
The MySchool MyVillage MyPlanet community loyalty programme is celebrating 21 years of giving back. To date, more than R500 million has been raised for South African schools, charities, animal and environmental causes thanks to supporters swiping their cards at participating retailers.  read more
Asda remains fastest-growing supermarket of UK's 'Big Four'

Asda remains fastest-growing supermarket of UK's 'Big Four'

12/12/2018 - 10:16
Asda remains the best performer of the UK’s ‘Big Four’ supermarkets, registering a 1.5% sales rise in the 12 weeks to 2 December, according to the latest market share figures from Kantar Worldpanel. read more
The hidden customer engagement tool lying dormant at every retailer

The hidden customer engagement tool lying dormant at every retailer

12/12/2018 - 09:18
With two prime shopping periods ahead - Black Friday and the Festive Season shopping extravaganza - retailers are preparing for a bumper sales season to mitigate the slow retail sales growth experienced during much of the year. Consumers have been under pressure from VAT hikes, petrol price increases and a stagnant economy.  read more
Amazon Go to open first UK store

Amazon Go to open first UK store

11/12/2018 - 20:48
Amazon has reportedly set its sights on a location near Oxford Circus in central London for its first cashierless grocery store in the UK. read more
Annual manufacturing growth in October beats expectations

Annual manufacturing growth in October beats expectations

11/12/2018 - 20:21
Production from SA’s factories was boosted considerably in October compared with the same month in 2017, Statistics SA reported. read more
Listeriosis claims may be paid in 2020

Listeriosis claims may be paid in 2020

11/12/2018 - 19:40
The first claims associated with the listeriosis class action could be paid out in mid to late 2020 at the earliest, according to Richard Spoor Attorneys lawyer Thami Malusi.  read more
Turning vision into value: the future of customer experience

Turning vision into value: the future of customer experience

11/12/2018 - 14:21
Anyone can paint a big vision, but very few turn it into economic success for their customers, partners and themselves. read more
Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

11/12/2018 - 10:08
Ted Baker’s CEO and founder Ray Kelvin is to take a voluntary leave of absence while allegations about his conduct are investigated, the British fashion retailer said. read more
Global fashion retailer LC Waikiki opens first store in Cape Town

Global fashion retailer LC Waikiki opens first store in Cape Town

11/12/2018 - 09:27
Global fashion retailer, LC Waikiki opened their first store in the Western Cape at Tyger Valley Shopping Centre on Saturday 08 December 2018. LC Waikiki offers on-trend, well-priced clothing for all occasions for women, men and children with the brand philosophy of “Everyone deserves to dress well”.  read more
Shoprite opens first of its own distribution centres in Nigeria

Shoprite opens first of its own distribution centres in Nigeria

10/12/2018 - 15:15
The Shoprite Group recently opened a new world-class distribution centre (DC) in Lagos, Nigeria. read more
Retail sector showing signs of revival

Retail sector showing signs of revival

10/12/2018 - 11:49
A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year after the sector ran into trouble in the third quarter of the year.  read more
TFG Black Friday sales hit record high

TFG Black Friday sales hit record high

10/12/2018 - 10:23
Woven ribbed towels, coffee machines and Kaizer Chiefs football jerseys were hot ticket online items for the Black Friday weekend at TFG. read more
Global unemployment at lowest level in almost 40 years

Global unemployment at lowest level in almost 40 years

10/12/2018 - 09:32
While global unemployment has fallen to its lowest level in almost 40 years, SA is among four countries with an unemployment rate higher than that immediately preceding the 2007/08 global financial crisis. read more
Tiger Brands reopens Polokwane polony factory

Tiger Brands reopens Polokwane polony factory

10/12/2018 - 08:48
SA authorities have given food maker Tiger Brands permission to re-open a factory closed after the world’s biggest listeria outbreak was traced to one of its facilities, the company said. read more
FoST - An immersive storytelling experience, but is South Africa ready for the learnings?

FoST - An immersive storytelling experience, but is South Africa ready for the learnings?

07/12/2018 - 10:05
In an industry that changes as quickly as the weather in Joburg, marketers have seen a vast change in the depiction of brands and a fascinating shift in the consumer experience.  read more
Aldi opens a record number of stores in one day

Aldi opens a record number of stores in one day

07/12/2018 - 09:45
Aldi UK has opened a record eight stores on a single day as part of a tranche of 24 new outlets that are opening throughout November and December.  read more
Business confidence remains flat

Business confidence remains flat

06/12/2018 - 13:28
Business confidence remained flat in November. read more
Rum making a comeback after 500 years

Rum making a comeback after 500 years

06/12/2018 - 08:43
Rum has come a long way over the last 500 years. For centuries, rum has had a bad rep and has long been branded the juvenile delinquent of spirits. Now, growing in popularity it is fast showing its appeal to sippers world-wide and has found a new home in South Africa.  read more
SA grocery retailers hoping for a merry festive season

SA grocery retailers hoping for a merry festive season

06/12/2018 - 08:18
Grocery retailers have had a tough year, and like other retailers are hoping to see a boost in sales over the festive season. read more
SA out of recession with 2.2% GDP growth

SA out of recession with 2.2% GDP growth

05/12/2018 - 16:42
The SA economy has officially exited the recession after reporting 2.2% GDP growth for the third quarter of the year, Stats SA announced. read more
New age consumerism and the consumer power-shift

New age consumerism and the consumer power-shift

05/12/2018 - 10:37
Advances in telecommunication technology have transformed the tools used for marketing and consumerism and ultimately, the way that businesses operate. The Statista 2017 Report indicated that the number of smartphone users in the United States is estimated to have reached 224.3 million, with smartphone users worldwide exceeding 2 billion. Undoubtedly, we are running headlong into the end of the industrial era of consumption and into a consumer power-shift.  read more
Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

05/12/2018 - 09:57
Despite the majority (77 percent) of adult South Africans owning bank accounts, more than half of the total value of all consumer transactions in the country are still conducted in cash. This suggests that being formally banked may not be enough of an incentive for consumers to move away from cash. Accelerating the pace of migration from cash to digital and card payments must be a priority for catalysing economic growth.  read more
Ghost of listeriosis past: Tiger Brands faces multimillion-rand class action

Ghost of listeriosis past: Tiger Brands faces multimillion-rand class action

04/12/2018 - 13:59
The material impact of the damage to Tiger Brands could be hundreds of millions of rand, according to analysts, after the High Court granted an order certifying a class action against the food producer as a result of the listeriosis outbreak that killed 200 people early this year. read more
Agriculture confidence drops to lowest level in nine years

Agriculture confidence drops to lowest level in nine years

04/12/2018 - 13:19
Confidence in the agricultural sector has fallen to the lowest level in nine years on the back of uncertainty around land reform. read more
21 SAB KickStart youth-owned businesses create 178 jobs in 2018

21 SAB KickStart youth-owned businesses create 178 jobs in 2018

04/12/2018 - 10:47
The 21 young entrepreneurs selected as finalists in SAB’s youth entrepreneurship development programme, SAB KickStart Boost, have created a total of 178 jobs in their respective communities as a result of the support provided by the programme this year. read more
UK Grocers 'under pressure' as Christmas approaches

UK Grocers 'under pressure' as Christmas approaches

04/12/2018 - 10:25
Weaker-than-expected growth in the month of October is putting retailers under pressure as Christmas approaches, according to Nielsen. read more
Green shoots for SA's manufacturing sector

Green shoots for SA's manufacturing sector

04/12/2018 - 10:04
As manufacturing looks set to boost GDP in the third quarter, a survey has showed that factory owners are more upbeat about the sector. read more
SA ecommerce hits its stride

SA ecommerce hits its stride

04/12/2018 - 09:32
Despite the lacklustre macro-economic indicators, South African tenacity showed itself once again as retailers – especially smaller stores – cashed in on the online space over the Black Friday and Cyber Monday weekend says Payment Service Provider, DPO PayGate. read more
Hamleys opens first Japanese stores

Hamleys opens first Japanese stores

04/12/2018 - 08:38
Hamleys has marked its entry into the Japanese retail market with the opening of two large, theme park-style outlets. read more
Rising imports push trade balance deficit to biggest in 10 months

Rising imports push trade balance deficit to biggest in 10 months

04/12/2018 - 08:07
As SA records its biggest trade deficit in 10 months, economists warn that trade tensions could keep the trade account in the negative for the next few months. read more
Coca-Cola Beverages Africa appoints new CEO

Coca-Cola Beverages Africa appoints new CEO

03/12/2018 - 14:41
Coca-Cola Beverages Africa (CCBA) announces the appointment of Jacques Vermeulen, the current managing director of its international division, to the position of Group CEO of CCBA from 1 December 2018. Vermeulen has served as managing director of CCBA’s International Division, which covers all of CCBA’s Africa operations outside South Africa, since July 2016. He first joined the Coca-Cola system in 1995. read more
Abercrombie & Fitch soars after upbeat holiday sales forecast

Abercrombie & Fitch soars after upbeat holiday sales forecast

03/12/2018 - 13:52
US teen apparel retailer Abercrombie & Fitch forecast same-store sales for the holiday quarter above analysts’ estimates, driven by strong sales at its Hollister and flagship stores, sending its shares rising 24% in early trading. read more
The signs are here that South Africa has reached its economic crossroad

The signs are here that South Africa has reached its economic crossroad

03/12/2018 - 11:37
While South Africa attempts to shore up its own economy amid high inflation rates and a stuttering inherited financial system, the continent as a whole continues to grow. The big question, though, is whether South Africa will get left behind in terms of international investment if it doesn’t improve its financial situation, and how to avoid this. read more
New tobacco rules will choke healthier products, says Philip Morris

New tobacco rules will choke healthier products, says Philip Morris

03/12/2018 - 11:18
Philip Morris International, one of the biggest tobacco companies in the world, sees SA’s mooted tobacco regulations as an impediment to its plan to phase out its cigarette brands, such as Marlboro, in favour of healthier alternatives. read more
Checkers helps rural co-op close in on commercial ambitions

Checkers helps rural co-op close in on commercial ambitions

03/12/2018 - 10:07
A decade ago Fikile Khiva and four of his peers established a trading entity with the aim of creating jobs, alleviating poverty and having the Eastern Cape village of Nkangeni Park serve as a model for a self-sustained rural community. read more
Shoprite Group announces new senior appointment in its Human Resources division

Shoprite Group announces new senior appointment in its Human Resources division

30/11/2018 - 13:29
Sibiya holds national diploma in HR management from Cape Technikon (now the Cape Peninsula University of Technology (CPUT) and a BTech degree in business administration from CPUT.  read more
UK retail property values to drop next year

UK retail property values to drop next year

30/11/2018 - 10:42
The UK’s five largest property funds stand to risk billions of pounds invested in the country’s struggling retail sector. read more
Black Friday: how a sales gimmick is changing SA’s retail sector

Black Friday: how a sales gimmick is changing SA’s retail sector

30/11/2018 - 10:10
Black Friday promotional sales are transforming the SA retail sector. read more
Corona to introduce plastic-free rings on its beer cans

Corona to introduce plastic-free rings on its beer cans

30/11/2018 - 09:07
Mexican lager brand Corona will pilot plastic-free six-pack rings which are made from plant-based biodegradable fibres, with a mix of by-product waste and compostable materials. read more
Human insights the greatest driver of brand engagement

Human insights the greatest driver of brand engagement

30/11/2018 - 08:23
Anthropology has become a way marketers can add another layer to big data in their understanding of consumers, a means to seek out the narrative behind their behaviour – the “thick” data, as opposed to big data. read more
Takealot.com elevates Tour of Good Hope

Takealot.com elevates Tour of Good Hope

29/11/2018 - 13:51
ASG, owner and importer of some of the world’s best cycling brands, has joined forces with South Africa’s leading online retailer, Takealot.com, to elevate the Tour of Good Hope to an international level.  read more
R6 million – the biggest single transaction on Black Friday 2018

R6 million – the biggest single transaction on Black Friday 2018

29/11/2018 - 10:20
Online sales for Black Friday and Cyber Monday 2018 exceeded figures for 2017, according to BankservAfrica, Africa’s largest automated payments clearing house. read more
The importance of frontline staff in retail

The importance of frontline staff in retail

29/11/2018 - 09:50
With the fast-approaching Festive Season only a few weeks away, malls, shopping centres and stores anticipate an influx of feet through their doors. Millions of Rands have been spent on extensive advertising, product placements, marketing and merchandising-just to name a few, but is that enough?  read more
Unilever in pole position to swallow GDK's Indian Horlicks business

Unilever in pole position to swallow GDK's Indian Horlicks business

29/11/2018 - 08:42
Unilever has emerged as the leading bidder in a tight contest for GlaxoSmithKline’s Indian Horlicks nutrition business, three people familiar with the situation told Reuters. read more
R10 illegal cigarette pack becomes SA's top seller

R10 illegal cigarette pack becomes SA's top seller

29/11/2018 - 08:23
Research house Ipsos said that South Africa has become the first country in the world to allow an illegal cigarette brand to become a top seller, after Gold Leaf Tobacco’s RG brand became the top-selling brand in the country overall, overtaking all legal brands.  read more
H&M shutting down Cheap Monday brand

H&M shutting down Cheap Monday brand

28/11/2018 - 16:37
H&M, the world's second-biggest fashion retailer, said that it would close down its struggling independent brand, Cheap Monday. read more
AB InBev invests in Closed Loop Fund to improve glass recycling

AB InBev invests in Closed Loop Fund to improve glass recycling

28/11/2018 - 11:08
Anheuser-Busch InBev will invest $250,000 in Closed Loop Fund projects to improve glass recycling capabilities, in order to make further progress towards the company’s 2025 sustainability goals. read more
Henkel still recovering after US delivery problems

Henkel still recovering after US delivery problems

28/11/2018 - 09:58
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018. read more
Unilever among firms calling for net zero UK emissions by 2050

Unilever among firms calling for net zero UK emissions by 2050

28/11/2018 - 09:04
Unilever, Danone and Coca-Cola European Partners (CCEP) are among companies which have urged the UK to aim for net zero emissions by 2050. read more
2018 Financial Mail AdFocus Award winners announced

2018 Financial Mail AdFocus Award winners announced

28/11/2018 - 08:40
Members of the South African marketing and communications industry came together last night at The Venue in Melrose Arch, to celebrate advertising effectiveness at the annual Financial Mail AdFocus Awards. Since their inception in 1990, the AdFocus Awards have provided a platform for individuals and agencies to be recognised not only for their creative marketing skills but for their overall business acumen as well. read more
Illegal imports are damaging the South African economy

Illegal imports are damaging the South African economy

28/11/2018 - 08:08
While we have all seen the extent of public sector fraud and corruption, private sector corruption is just as damaging to the state and our economy.  read more
Business confidence falls in fourth quarter

Business confidence falls in fourth quarter

27/11/2018 - 15:56
The South African business community is gloomier in the quarter under way than it was in the previous one, according to a poll sponsored by RMB and done by Stellenbosch University's Bureau of Economic Research. read more
How will the interest rate hike impact SME owners?

How will the interest rate hike impact SME owners?

27/11/2018 - 10:41
Despite a strengthening rand and slight recovery of the oil price, the South African Reserve Bank (SARB) announced that the repurchase (repo) rate will increase by 25 basis points to 6.75 percent, effective from 23 November 2018. This increase in interest rates – which pushes the prime lending rate up from 10 percent to 10.25 percent - is the first rates hike that South Africa has seen since March 2016.  read more
Woolworths pies, first SA food products with sustainable palm oil certification

Woolworths pies, first SA food products with sustainable palm oil certification

27/11/2018 - 10:06
Woolworths pies are the first South African food products to be certified by the Roundtable on Sustainable Palm Oil (RSPO) https://rspo.org/  read more
Closing the gap between browsing and conversion

Closing the gap between browsing and conversion

27/11/2018 - 09:27
Digital tactics are designed to bring brands to the fore of consumers’ minds, and the world of online shopping is no different. A recent experiment by Google and Travelstart measured the impact of dynamic remarketing – campaigns which show previous website visitors ads featuring the products or services they viewed on the site. read more
Holiday marketing tips to help your store stand out

Holiday marketing tips to help your store stand out

27/11/2018 - 08:59
The festive season is a challenging time for shopping malls in Cape Town. Customers are ready to spend their hard earned money and make impulse decisions, therefore, you need to ensure your store is ready for the holiday rush and that your marketing strategy attracts the big spenders.  read more
Sainsbury’s launches food bank labelling scheme for customers

Sainsbury’s launches food bank labelling scheme for customers

27/11/2018 - 08:39
Sainsbury’s has launched dedicated shelf-edge labels to alert its customers to items most useful for food banks. read more
Mr Price boosted by improved perception

Mr Price boosted by improved perception

27/11/2018 - 08:23
Improved consumer perception of Mr Price's quality and fashion helped it grow sales and profit in the first half of its 2019 financial year. read more
Embracing the 4th Industrial Revolution tops the agenda at the CGCSA Summit 2018

Embracing the 4th Industrial Revolution tops the agenda at the CGCSA Summit 2018

26/11/2018 - 16:37
“The Fourth Industrial Revolution, which includes developments in previously disjointed fields, such as artificial intelligence and machine learning, robotics, nanotechnology, 3D printing, and genetics and biotechnology, will cause widespread disruption not only to business models but also to labour markets over the next five years, with enormous change predicted in the skill sets needed to thrive in the new landscape” (World Economic Forum, 2016). read more
Dolce & Gabbana shows marketing blunders know no borders

Dolce & Gabbana shows marketing blunders know no borders

26/11/2018 - 14:19
Outrage is spreading in China over a video ad campaign for Italian luxury brand Dolce & Gabbana that shows a Chinese model struggling to eat spaghetti and pizza with chopsticks. read more
An effective online retail strategy will allow SA to catch up with big guns

An effective online retail strategy will allow SA to catch up with big guns

26/11/2018 - 13:25
The rise of online retail internationally has raised an apocalyptic spectre of empty malls, dying city centres, local factory closures and rising unemployment.  read more
Online wine marketplace Port2Port rated SA’s best

Online wine marketplace Port2Port rated SA’s best

26/11/2018 - 11:41
Port2Port.wine, an online wine marketplace based in South Africa, has been awarded the Best Overall Wine List Award in Wine Searcher’s Retailer Awards for the second consecutive year. read more
SA consumers swarm online but still lag way behind international trends

SA consumers swarm online but still lag way behind international trends

26/11/2018 - 08:13
It’s too early to say to what extent Black Friday sales have boosted retailers’ bottom line but there is no doubt that South African consumers are increasingly turning to tech-enabled solutions for their regular dose of retail therapy. read more
#BlackFriday: Wallet squeeze increases sensitivity to prices

#BlackFriday: Wallet squeeze increases sensitivity to prices

23/11/2018 - 10:21
Wallet squeeze has seen South African consumers growing increasingly sensitive to prices and promotions over the past several years.  read more
Listeriosis outbreak haunts Tiger Brands

Listeriosis outbreak haunts Tiger Brands

23/11/2018 - 10:06
The Listeriosis outbreak in South Africa came back to haunt Tiger Brands, with the group reporting a 26 percent decline in headline earnings per share (Heps) to 1 587 cents a share during the year to end September, while revenue fell 9 percent to R15.87. read more
Ikea plans 7,500 job cuts, but will hire 11,500 for online push

Ikea plans 7,500 job cuts, but will hire 11,500 for online push

23/11/2018 - 09:00
Swedish furniture giant Ikea said that it plans to cut 7,500 jobs worldwide by 2020, mainly office jobs, as it re-organises to focus its business on e-commerce and smaller shops in city centres. read more
Black Friday offers: Sunday Times

Black Friday offers: Sunday Times

23/11/2018 - 08:30
This Black Friday, you can get a recurring Sunday Times Digital monthly subscription – including all of the above PLUS access to Times Select, our digital daily edition published at 5am every weekday – for only R48 per month, which is 40% off the usual price of R80 per month. read more
Tiger Brands maintains dividend despite falling sales and profit

Tiger Brands maintains dividend despite falling sales and profit

22/11/2018 - 11:00
SA’s listeria scandal halved the sales of Tiger Brand’s meat products division and pushed it into a loss, contributing to the group’s overall sales and profit decline. read more
Black Friday spikes turnover for SMEs

Black Friday spikes turnover for SMEs

22/11/2018 - 10:50
Even though it is tempting to relegate Black Friday as just another marketing gimmick, the reality is that it signifies the start of a month-long consumer spending frenzy that significantly boosts retail revenues. read more
Ackermans to upskill employees through its new e-learning platform

Ackermans to upskill employees through its new e-learning platform

22/11/2018 - 10:32
South Africa’s leading value retailer, Ackermans, has launched its new in-store electronic learning solution to train new and existing staff.  read more
Pick n Pay reveals all Black Friday deals: Savings bigger and better than last year

Pick n Pay reveals all Black Friday deals: Savings bigger and better than last year

22/11/2018 - 09:25
Pick n Pay has released all its Black Friday deals that will run over a three-day period from 23 – 25 November 2018.  read more
Digital disruption in the PR and communications landscape

Digital disruption in the PR and communications landscape

22/11/2018 - 09:06
Digital disruption in the Public Relations and communications landscape means that brands and their agencies now need to work closer together than ever, in order to identify new storytelling opportunities, publishing platforms, and harness data analytics to continually refine how and where they place their messaging. read more
Pick n Pay invests over R18m in marine conservation

Pick n Pay invests over R18m in marine conservation

21/11/2018 - 14:00
The ocean plays a critical role in sustaining life and livelihoods. Sadly, reports show that the world’s fisheries are rapidly being overfished.  read more
Lowe’s to ditch Mexico stores in further streamlining

Lowe’s to ditch Mexico stores in further streamlining

21/11/2018 - 11:23
Lowe’s stated it was looking to shed its retail operations in Mexico and certain noncore US businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot.  read more
How retailers can be safe from cyber fraud this #BlackFriday

How retailers can be safe from cyber fraud this #BlackFriday

21/11/2018 - 11:09
Black Friday is fast approaching, and a lot of retailers are preparing for an influx of sales and consumer traffic across all points of purchase – apps, online and in-store. This high volume of purchases puts most retailers and consumers at risk for a range of cyber security fraud and loss of critical information. read more
Inflation accelerates in October, as expected

Inflation accelerates in October, as expected

21/11/2018 - 11:01
Inflation accelerated slightly to 5.1% in October from 4.9% in September, matching the economists’ consensus.  read more
TFG showcases #BlackFriday deals

TFG showcases #BlackFriday deals

21/11/2018 - 10:40
Update your summer style with the best of Black Friday deals. Whether you want to dress up or down, get new sports gear, fashion for your kids or the latest in jewellery, technology or homeware – this is one shopping list you’ll definitely find it on! read more
Woolworths does Black Friday with a difference

Woolworths does Black Friday with a difference

21/11/2018 - 09:30
Black Friday has developed a reputation for frantic shopping frenzies and incredible deals. This year, in addition to offering incredible deals of up to 50% off, Woolworths has decided to do Black Friday with a difference.  read more
Black Friday / Cyber Monday - the impact of hyper-availability on e-tailing

Black Friday / Cyber Monday - the impact of hyper-availability on e-tailing

21/11/2018 - 09:20
South African e-tailers are experiencing a surge in customers thanks to the convenience and pervasiveness of mobile devices supporting online shopping apps. With people expecting a seamless customer experience between an app, online store, and fulfilment of order, a business cannot afford to experience any downtime. Hyper-availability has become an absolute necessity in this regard. read more
Black Friday is growing in SA

Black Friday is growing in SA

21/11/2018 - 09:10
The global Black Friday phenomenon has cemented itself as the precursor into Festive Season shopping and it is no surprise that it is making a growing impression amongst South African retailers and consumers alike.  read more
Will Cyber Monday trump Black Friday?

Will Cyber Monday trump Black Friday?

20/11/2018 - 16:33
Retailers and shoppers gear up for what promises to be the biggest sale day of the calendar year, Black Friday, but with payday falling after Black Friday, will Cyber Monday outsell Black Friday this year?  read more
Beating the #BlackFriday delivery blues

Beating the #BlackFriday delivery blues

20/11/2018 - 10:16
The biggest challenge on Black Friday isn’t a system crash or a payment failure. It’s the delivery problems that come after the purchases have been made. This year, courier companies are working closely with e-tailers to ensure that delivery expectations are met – but consumers can also play their part in getting their parcels as quickly and efficiently as possible. read more
#BlackFriday: Will your business handle the demand?

#BlackFriday: Will your business handle the demand?

20/11/2018 - 09:14
Black Friday is here to stay: as part of a retail festival that entices consumers in their millions to part with their cash, it’s another way of increasing revenue just before the festive season officially kicks in.  read more
Global competitiveness: Sub-Saharan Africa still lags behind

Global competitiveness: Sub-Saharan Africa still lags behind

20/11/2018 - 08:16
The latest World Economic Forum Global Competitive Index (GCI) finds Sub-Saharan Africa to be the poorest performing region globally. The only apparent bright spot is Mauritius, among the top 50 countries in the world.  read more
Distell to distribute cannabis lager for Poison City Brewing

Distell to distribute cannabis lager for Poison City Brewing

19/11/2018 - 16:34
JSE-listed beverages group Distell has agreed to distribute and market a cannabis-infused beer backed by RCL Foods CEO Miles Dally and Spar CEO Graham O’Connor.  read more