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Chinese spending hits record high on Singles' Day

Chinese spending hits record high on Singles' Day

13/11/2019 - 13:53
Chinese consumers spent a record amount on Alibaba platforms on Monday during the annual “Singles’ Day” buying spree, the world’s biggest 24-hour shopping event, which was launched with a glitzy show by US singer Taylor Swift.  read more
The clever shift SA's economy can make: economist

The clever shift SA's economy can make: economist

13/11/2019 - 13:29
Finance minister Tito Mboweni’s medium-term budget gave a blunt presentation of the financial issues facing South Africa and it is clear that government has finally come to grips with reality, says Efficient Group economist Francois Stofberg.  read more
Spar sees big jump in profit as consumers turn to store labels and alcohol

Spar sees big jump in profit as consumers turn to store labels and alcohol

13/11/2019 - 11:43
Listed retailer Spar has published its financial results for the full year ended September 2019, reporting an 8.4% jump in revenue, with operating profits up 7.2% despite tough conditions across its operations. read more
Billions in investments flow in to improve SA's economy

Billions in investments flow in to improve SA's economy

13/11/2019 - 11:30
More businesses have pledged billions of rands in investment to the ailing South African economy at the second investment conference in Sandton. read more
South Africa is emerging as a new hub for Retail Forex Trading

South Africa is emerging as a new hub for Retail Forex Trading

13/11/2019 - 10:16
South Africa's financial market is said to be the most developed & organized in Africa led by big Banks like Standard Bank, ABSA, FNB, FirstRand, Nedbank & local Stock Exchange (JSE) which is the largest stock market in Africa with daily trading volume of R23.7 Billion.  read more
What does the Retail Customer of the Future look like?

What does the Retail Customer of the Future look like?

13/11/2019 - 09:28
Today’s retailers face a difficult challenge. Online shopping is attracting consumers to the convenience of desktop browsing, and away from the buzz of brick and mortar stores. According to research by World Wide Worx, online retail in South Africa represented 1.4% of total retail sales in 2018, surpassing the R14 billion mark for the first time. Moreover, increasing smartphone penetration is transforming the retail equation. Armed with smartphones and always-on connectivity, modern consumers have radically different needs and demands to the consumer of old.  read more
Rare Springbank whisky joins exclusive Private Barrel Co. range

Rare Springbank whisky joins exclusive Private Barrel Co. range

12/11/2019 - 15:01
The House of Fine Whisky at Checkers LiquorShop unveiled the latest addition to its exclusive Private Barrel Co. range of whiskies - an eagerly awaited rare 23-year-old Springbank single malt Scotch whisky - at the Mesh Club in the Keyes Art Mile in Rosebank.  read more
Alibaba seeks $15bn in a Hong Kong share sale

Alibaba seeks $15bn in a Hong Kong share sale

12/11/2019 - 14:27
Alibaba Group is planning a listing hearing early next week and is seeking to raise as much as $15bn in a Hong Kong share sale, people familiar with the matter say, moving ahead with the city’s largest first-time stock offering since 2010.  read more
Woolworths boosts Earth Friendly range and launches plastic alternative products

Woolworths boosts Earth Friendly range and launches plastic alternative products

12/11/2019 - 14:01
More than ten years ago, Woolworths pioneered its own label of eco-friendly products in South Africa with the launch of its Earth Friendly range of household cleaning products.  read more
Online reviews shape how buyers make their decisions

Online reviews shape how buyers make their decisions

12/11/2019 - 13:37
Requesting online reviews from customers is proving to give brands access to a host of opportunities. read more
Sales at Truworths Africa outperform its UK business

Sales at Truworths Africa outperform its UK business

12/11/2019 - 13:24
Truworths, which was forced to write down its UK business by a third recently, said that retail sales in that country were flat in the 18 weeks to November 4, although its African operations performed better. read more
Why are these five UK retailers thriving as most others battle?

Why are these five UK retailers thriving as most others battle?

12/11/2019 - 10:32
British shops are being battered as the shift to e-commerce, intense competition and the fallout from Brexit cause catastrophic levels of store closures and job cuts. read more
Black Friday could cost careless shoppers dearly

Black Friday could cost careless shoppers dearly

12/11/2019 - 09:38
SA consumers risk paying a lot more than they bargained for if they are careless when shopping online this Black Friday, warns Fortinet. read more
Online shoppers “spring clean” first week of Pick n Pay’s Black November deals

Online shoppers “spring clean” first week of Pick n Pay’s Black November deals

12/11/2019 - 09:08
Pick n Pay launched its weekly Black November deals for its Gauteng and Western Cape online shoppers last Monday and customers wasted no time in reviewing and securing their favourite deals. read more
Hong Kong protests hurt Richemont's profits

Hong Kong protests hurt Richemont's profits

11/11/2019 - 13:17
Richemont’s share price took a hit after the company disappointed the market with its results for the six months to end-September. read more
How to keep customers and make sales this Black Friday

How to keep customers and make sales this Black Friday

11/11/2019 - 12:44
Five years ago, Black Friday and Cyber Monday didn’t even exist in South Africa. Today, they’re a major cash cow for local retailers. On Black Friday last year, consumers spent a record R2.9 billion, and that number is expected to jump 30% this year, with e-commerce playing a major part in that growth. read more
Walgreens' Sefano Passina's $70bn global ambition

Walgreens' Sefano Passina's $70bn global ambition

11/11/2019 - 10:07
Any deal would be impossible without the backing of the Italian billionaire who owns 16% of the group and has China in his sights. read more
How a US-China trade deal could benefit SA

How a US-China trade deal could benefit SA

11/11/2019 - 09:53
Africa is poised to become the “land of opportunity” for bond and equity investors should the US and China strike a trade deal, Bank of America (BofA) says. read more
Online retailers are learning that physical stores still matter

Online retailers are learning that physical stores still matter

11/11/2019 - 09:43
Physical stores still matter, whether a retailer has an online presence or not, according to John Ryan, stores editor of Retail Week, a UK-based news magazine, website, and retail data service. read more
Tiger Brands considers disposing of value-added meat business

Tiger Brands considers disposing of value-added meat business

11/11/2019 - 09:22
SA’s largest food producer, Tiger Brands, is considering disposing of its value-added meat products business (Vamp), saying on Friday it had determined it was not an ideal fit in the business.  read more
Distell: no reward for shareholders patience

Distell: no reward for shareholders patience

07/11/2019 - 10:23
It’s difficult to know what to make of Distell’s shareholders — they’re either a particularly forgiving bunch or they don’t see much connection between executive remuneration and profits.  read more
Shoprite shock: Lead director resigns suddenly - just days after Wiese's re-election

Shoprite shock: Lead director resigns suddenly - just days after Wiese's re-election

07/11/2019 - 10:10
Just days after indicating that the Shoprite board will discuss the future of Christo Wiese as chair of the company in the coming months, Prof Shirley Zinn, the lead independent director of Shoprite, resigned. read more
Dis-Chem gains market share as store rollout continues

Dis-Chem gains market share as store rollout continues

07/11/2019 - 09:55
Dis-Chem Pharmacies said on Thursday it was continuing its store expansion programme, eyeing additional market share in a part of the retail sector that has proved resilient in the face of SA’s weak economy. read more
Shoprite helps award-winning preschool get ‘new wind’

Shoprite helps award-winning preschool get ‘new wind’

07/11/2019 - 09:46
Fifteen preschools in and around Kathu recently benefited from an extensive teacher training programme following a partnership with Shoprite. read more
 Shoprite & Checkers are ready for this year’s Black Friday bonanza

Shoprite & Checkers are ready for this year’s Black Friday bonanza

06/11/2019 - 11:32
Checkers is the most experienced South African supermarket in the Black Friday game, after being the first food retailer to introduce this one-day sales promotion locally in 2014. read more
Black Friday: Are retailers ready for the rush?

Black Friday: Are retailers ready for the rush?

06/11/2019 - 11:00
Online retail is projected to reach 1.4 percent of total retail in South Africa, based on an estimated R1 trillion to be spent via traditional channels in 2018, according to findings of the Online Retail in South Africa 2019 study, conducted by World Wide Worx with the support of Visa and Platinum Seed.  read more
Steinhoff mulls sale of 25% of Pepco unit in IPO next year

Steinhoff mulls sale of 25% of Pepco unit in IPO next year

06/11/2019 - 10:37
Steinhoff International Holdings NV is considering the sale of about a quarter of Pepco Group through an initial public offering that could value the European retailer at more than 4 billion euros ($4.4 billion), according to people familiar with the matter. read more
How small businesses can take advantage of Black Friday

How small businesses can take advantage of Black Friday

06/11/2019 - 10:01
Small businesses can take advantage of Black Friday by winning customers and keep them coming back for more according to the Vice President of New Customer Acquisition, Viresh Harduth.  read more
Weaker rand boosts Rhodes Food Group

Weaker rand boosts Rhodes Food Group

06/11/2019 - 09:48
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, grew 8.8% in its year to end-September boosted by a weaker rand and exports of higher-value products to the US. read more
Huawei upbeat about smartphone sales despite US bans

Huawei upbeat about smartphone sales despite US bans

06/11/2019 - 09:34
Huawei expects smartphone shipments to grow 20% in 2020 even if it is blocked from the latest Google software, suggesting the Trump administration’s efforts to contain the company’s rise may not be working. read more
Black Friday hype begins as retailers test shoppers with 'teasers'

Black Friday hype begins as retailers test shoppers with 'teasers'

06/11/2019 - 09:15
Retailers’ gloves are off in the battle to gain market share ahead of Black Friday, with several deals already being unveiled to attract customers. read more
 Great Karoo Spirit gin wins big

Great Karoo Spirit gin wins big

05/11/2019 - 13:53
The spirit of the Great Karoo was alive and well at the recent 2019 Michelangelo International Wine & Spirits Awards held on Friday (4 October) in Cape Town. Bossieveld Gin walked away with double gold for Inspiration – a la Meerkat – gin.  read more
Manufacturing sentiment improved in October

Manufacturing sentiment improved in October

05/11/2019 - 12:52
Manufacturing activity recovered in October, improving on the previous month’s revised figures and beating market expectations.  read more
Kraft Heinz reined in costs and increased prices — and it worked

Kraft Heinz reined in costs and increased prices — and it worked

05/11/2019 - 11:28
Kraft Heinz beat analyst expectations for third-quarter profit on Thursday as the packaged food company reined in costs and increased prices in the face of slowing demand for some of its key brands. read more
Direct selling punches above its weight in a tough economy

Direct selling punches above its weight in a tough economy

05/11/2019 - 10:27
The direct selling industry in SA, which comprises 31 companies, has seen a 5% decline in growth as cash-strapped consumers tighten their belts. read more
Shoprite shares in dramatic U-turn after update

Shoprite shares in dramatic U-turn after update

05/11/2019 - 09:04
Shoprite’s share price jumped by 6% in opening trading on Monday after the group reported turnover growth of more than 7% in the three months to September. But by later afternoon, its share price was down almost a percent. read more
Pick n Pay launches exclusive online Black November deals

Pick n Pay launches exclusive online Black November deals

04/11/2019 - 13:04
Pick n Pay has launched weekly exclusive Black November ‘teaser’ deals for its online customers across Gauteng and the Western Cape in the lead up to Black Friday on 29 November.  read more
Dis-Chem warns of sharp decline in interim earnings

Dis-Chem warns of sharp decline in interim earnings

04/11/2019 - 09:50
Discount pharmaceutical retailer Dis-Chem expects a drop in half-year earnings due to one-off costs such as a change in bonus policy and a strike by employees. read more
Shoprite investor seeks to curb Wiese power with director

Shoprite investor seeks to curb Wiese power with director

04/11/2019 - 08:49
A Shoprite Holdings Ltd. shareholder nominated a veteran retail executive to the board of Africa’s biggest grocer in an attempt to reduce the influence of Chairman Christo Wiese -- part of a wider investor pushback against the former billionaire. read more
AB InBev reports weak results in "challenging" third quarter

AB InBev reports weak results in "challenging" third quarter

01/11/2019 - 14:49
AB InBev, the world’s largest brewer, reported weaker-than-expected third-quarter profit and sales, due to higher cost of sales, marketing investments and price increases in two major markets, South Korea and Brazil. read more
2019 South African Loyalty Awards winners announced

2019 South African Loyalty Awards winners announced

01/11/2019 - 14:14
The 2019 South African Loyalty Awards, developed specifically to celebrate loyalty excellence and innovation, announced the awards winners on Wednesday, 30 October, in Cape Town. read more
Global wine output falls this year after bumper 2018

Global wine output falls this year after bumper 2018

01/11/2019 - 11:17
Global wine production fell about 10% this year, with major producers France, Italy, and Spain hit the most by unfavourable weather conditions, according to a leading international body.  read more
Starbucks South Africa sold for R7m

Starbucks South Africa sold for R7m

01/11/2019 - 10:03
Taste Holdings announced that it is selling its Starbucks franchise business in South Africa for R7m. read more
Shoprite gets behind drought-relief efforts in Northern and Eastern Cape

Shoprite gets behind drought-relief efforts in Northern and Eastern Cape

01/11/2019 - 09:01
The persistent drought in the Northern and Eastern Cape shows no signs of abating and so the Shoprite Group is reaching out to hard-hit communities through a number of initiatives. read more
Local retailers are outperforming a bad economy

Local retailers are outperforming a bad economy

31/10/2019 - 08:49
South African retailers have been battered by poor trading conditions, rising job losses and weak economic growth, which has made it difficult for companies to pass on costs to their customers.  read more
Unemployment hits highest level in more than 11 years

Unemployment hits highest level in more than 11 years

30/10/2019 - 11:38
South Africa's unemployment rate has worsened to 29.1%, the highest level in more than 11 years. read more
Nintendo scores huge smartphone hit with Mario Kart Tour

Nintendo scores huge smartphone hit with Mario Kart Tour

30/10/2019 - 10:31
Nintendo Co. can finally claim a mega-hit smartphone game with its new Mario Kart Tour, which has been downloaded 123.9 million times in its first month and comfortably eclipsed the company’s previous mobile game debuts, Sensor Tower data showed.  read more
Tesco to power stores with roof-mounted solar panels and wind farms

Tesco to power stores with roof-mounted solar panels and wind farms

30/10/2019 - 08:50
Tesco has signed up for a project that will see it source green electricity directly from wind farms, solar farms and solar panels on its own stores. read more
Evolving shopping landscape echoes the anxieties of our age

Evolving shopping landscape echoes the anxieties of our age

29/10/2019 - 10:48
People have less disposable income. Self-learning robots and algorithms are taking over menial jobs once held by a human being. Large informal business sectors across Africa are giving malls a run for their money. These are, indeed, anxious times for the shopping centre industry. Its greatest purpose today is to figure out how to evolve to these dynamic changes. read more
Pick n Pay gears up for Black Friday

Pick n Pay gears up for Black Friday

29/10/2019 - 10:25
Black Friday continues to gain momentum in South Africa, with many customers eagerly awaiting Black Friday deals on 29 November 2019. This year is certainly no different, with customers looking to make the most of their year-end purchases.  read more
Regulation of online and mobile gambling in Africa must gather pace

Regulation of online and mobile gambling in Africa must gather pace

29/10/2019 - 10:20
The gambling industry in Africa has been busy recently following the ICE Africa and Big African Summit events. These explored the current state of legal gambling within the continent and included conferences by established industry professionals.  read more
Brands on-board to help SA families build bursaries for school

Brands on-board to help SA families build bursaries for school

29/10/2019 - 10:12
As any parent knows, when it comes to affording quality education for our children, we need all the help we can get. Escalating school fees, continual costs of uniforms and many extras make educating our children a significant, long-term family expense.  read more
Katlehong’s first enclosed Mall opens

Katlehong’s first enclosed Mall opens

29/10/2019 - 09:13
Moolman Group, in partnership with Twin City Developments and Vuno Developments, is proud to bring convenience to the township of Katlehong – with the opening of the much-anticipated Sam Ntuli Mall on 31 October 2019.  read more
Amazon backs renewables projects on path to 100% clean power

Amazon backs renewables projects on path to 100% clean power

29/10/2019 - 09:03
Amazon.com will invest in three new wind and solar projects as it moves toward a goal of meeting 80% of its energy needs from renewable sources by 2024 and 100% by 2030.  read more
LVMH offers to buy Tiffany for more than $14bn

LVMH offers to buy Tiffany for more than $14bn

29/10/2019 - 08:44
LVMH, the French owner of Louis Vuitton and Givenchy, offered to buy jeweller Tiffany for about $14.5bn in a deal that would expand its access to US luxury shoppers, people familiar with the situation said. read more
Consumer watchdog laments understaffing as it tackles Ford, unsafe meat, timeshare cases

Consumer watchdog laments understaffing as it tackles Ford, unsafe meat, timeshare cases

25/10/2019 - 11:50
As far as it is able, the National Consumer Commission will try to make sure suppliers of unsafe goods are fined and losses to consumers are recovered - despite being understaffed by some 50%, members of Parliament heard. read more
A new SA cloud market emerging

A new SA cloud market emerging

25/10/2019 - 10:53
Thanks to the arrival of Microsoft Azure data centres in South Africa, it is expected that more born-in-the-cloud organisations will start taking root here. And with smaller companies now finding it easier to migrate to an online environment, these are exciting times for solutions providers. read more
To spend or not to spend, that is the brand question

To spend or not to spend, that is the brand question

24/10/2019 - 14:54
During a downturn brands should reinforce the attributes that make them appealing and differentiated in the eyes of existing customers. read more
Clicks eyes further market share amid double-digit sales growth

Clicks eyes further market share amid double-digit sales growth

24/10/2019 - 10:00
Medicine and beauty products retailer Clicks said it was successfully weathering an increasingly tough environment for consumers and would spend R718m on its stores over the next financial year in order to pursue additional market share. read more
Pick n Pay is now offering insurance

Pick n Pay is now offering insurance

24/10/2019 - 08:46
Despite a difficult trading environment, the group said that trading profit in its core South African business was up 16.4%, with trading profit margin up from 2.5% to 2.8% of turnover. read more
Carlsberg testing paper beer bottles

Carlsberg testing paper beer bottles

23/10/2019 - 13:49
Carlsberg has unveiled the latest innovation in sustainable packaging – a paper beer bottle. read more
Inflation slows in September

Inflation slows in September

23/10/2019 - 13:38
Inflation moderated to an annualised 4.1% in September, surprising analysts, and boosting the expectation that SA’s embattled consumers may get another interest rate cut in 2019. read more
SA's under-pressure consumers switching to spirits, Distell says

SA's under-pressure consumers switching to spirits, Distell says

23/10/2019 - 13:01
Distell, the maker of Amarula, Klipdrift and Hunter’s Dry brands, says pressure on consumer spending is resulting in a shift to harder liquors, which will be a focus area for the group in the coming months. read more
Why SA retailers continue to build brick-and-mortar stores

Why SA retailers continue to build brick-and-mortar stores

23/10/2019 - 11:42
Advisory firm Accenture suggests that traditional retailers in South Africa are putting most of their efforts into their core brick-and-mortar stores as they find online operations expensive to maintain and often unprofitable.  read more
Sustainable packaging set to become battleground for premium alcohol producers

Sustainable packaging set to become battleground for premium alcohol producers

23/10/2019 - 11:10
As ethical credentials become increasingly prominent markers of quality, sustainable packaging is likely to become a battleground for premium alcohol beverage brands, according to analytics company GlobalData. read more
Top loyalty trends we're seeing in 2019

Top loyalty trends we're seeing in 2019

23/10/2019 - 10:59
The Fourth Industrial Revolution has transformed end-customer expectations, putting pressure on brands to evolve their offerings. Loyalty programmes are by no means exempt. Clients are seeking fairness, flexibility and an offering that has lasting benefits as well as aspects of instant gratification. They’re looking for a solution that deepens gamification and transcends it. Here, Francois Uys, Head of Digital, Marketing, and Communications at Sanlam Reality, outlines some of the top trends for the loyalty space in 2019 and 2020.  read more
A water continuity strategy in Africa is critical to economic success

A water continuity strategy in Africa is critical to economic success

22/10/2019 - 13:48
The world’s sources of water supply are under immense stress and the impact of water shortages is debilitating cities, organisations, and communities every day. It is estimated by 2025, no fewer than 25 of the 48 countries that are expected to be facing water shortages will be African. According to Mannie Jnr. Ramos, CCO of Abeco Tanks, the world’s first bank for water, “This means that around 230 Million Africans will be living in water-scarce areas, with another 460 Million in water-stressed areas.” read more
How your company culture directly impacts your bottom line

How your company culture directly impacts your bottom line

22/10/2019 - 13:33
Company culture plays a vital role in the overall performance of a business. It can directly affect a company’s bottom line as employees respond to negative environments differently. If they’re not seeking new opportunities, they’re despondent and delivering low quality work.  read more
Providing full visibility and insight for an improved CX journey

Providing full visibility and insight for an improved CX journey

22/10/2019 - 11:13
Although South Africa has just avoided a recession, the outlook for the economy is less optimistic. With subdued investment levels and consumer spending being curbed, there is no doubt that local businesses face an uphill battle. Notably, the latest Absa Purchasing Manager's Index (PMI) data shows weaker levels of private sector activity and a pessimistic outlook on future business conditions.  read more
Coty explores sale of professional beauty unit

Coty explores sale of professional beauty unit

22/10/2019 - 10:40
Coty, under pressure to turn its business around, is considering a sale of its professional hair and nail products unit that includes the brands Wella, Clairol, and OPI. The shares surged the most in more than five months. read more
Double-digit profit growth for Pick n Pay as turnaround plan pays off

Double-digit profit growth for Pick n Pay as turnaround plan pays off

22/10/2019 - 09:12
Pick n Pay has continued to reap the benefits of its turnaround strategy, positing double-digit profit growth in the six months to end-September after an intensive focus on supply costs. read more
Protecting retail investments with Uninterrupted Power Supply

Protecting retail investments with Uninterrupted Power Supply

22/10/2019 - 08:47
With the increasing dominance of retail chains, small and medium-sized retail businesses are struggling to stay competitive. To protect investments and remain in business, they have to consider all costs and thoroughly assess possible risks and related losses. For example, while it is common to forecast losses due to food spoilage, assessing problems caused by electricity failure is more complicated. read more
Better growth by investing in local shopping centres

Better growth by investing in local shopping centres

21/10/2019 - 15:08
Millennials are driving massive evolution in retailing and, yes, we may be an emerging market, but it is a matter of time before these changes catch up with us.  read more
One million customers sign up for Checkers Xtra Savings in the first week

One million customers sign up for Checkers Xtra Savings in the first week

21/10/2019 - 13:25
Checkers signed up the millionth customer to its new Xtra Savings programme, just a week following its launch on Monday 14 October.  read more
The tug-of-war between physical and digital shopping

The tug-of-war between physical and digital shopping

21/10/2019 - 10:59
In March of 2019, Soumen Ghosh, a visiting US professor of operations and supply chain management, delivered one of the business world’s more earth-shattering lectures on disruptive technologies at the Gordon Institute of Business Science in Johannesburg. read more
Local entrepreneur turns her small business into a food garden

Local entrepreneur turns her small business into a food garden

21/10/2019 - 10:11
After getting married in 1996, Esther Masekoameng (60) moved from Phalaborwa to Mathibaskraal in Limpopo, but she was shocked by the level of poverty in her new hometown.  read more
President Cyril Ramaphosa launches SA's first smartphone plant

President Cyril Ramaphosa launches SA's first smartphone plant

21/10/2019 - 09:52
President Cyril Ramaphosa recently opened South Africa's first smartphone production plant at the Dube TradePort in Durban. read more
The Future of Media Conference is coming back

The Future of Media Conference is coming back

21/10/2019 - 09:25
Tiso Blackstar has announced that the Future of Media Conference, which was last held in 2016, is set to make a comeback and will take place on 23 July 2020, in Parktown Johannesburg.  read more
Africa is showing encouraging signs of economic integration

Africa is showing encouraging signs of economic integration

21/10/2019 - 08:32
Our world is being challenged in ways few people could have imagined 70 years ago. Back then, in the aftermath of World War 2, the institutions that were designed to prevent challenges such as those we are facing today — the UN, IMF, World Bank, and others — were operating in a much simpler world. read more
SA retailers likely to lose out if they avoid e-commerce

SA retailers likely to lose out if they avoid e-commerce

21/10/2019 - 08:14
Traditional retail businesses in SA could stand to lose out on the value of e-commerce due to their reluctance to embrace online business, according to a report by global management consultancy Accenture. read more
SA "Black Friday" sales expected to rise 30% year-on-year

SA "Black Friday" sales expected to rise 30% year-on-year

18/10/2019 - 12:50
South African businesses have begun preparing for what looks to be another bumper Black Friday trading day, with sales predicted to be up 30 percent from last year, online largest payment service provider PayGate said. read more
Pick n Pay unveils its revamped "On Nicol" flagship store

Pick n Pay unveils its revamped "On Nicol" flagship store

18/10/2019 - 10:59
Pick n Pay’s flagship store On Nicol officially welcomed customers after a comprehensive revamp. The refurbished store has an exciting array of new offerings with the very best in retail concepts developed in South Africa and from around the world. Customers can expect an enhanced fresh food experience, a huge focus on product quality, a much-improved range, innovative third-party services, and refreshed customer service.  read more
Consumers are pushing transformation in the retail industry

Consumers are pushing transformation in the retail industry

18/10/2019 - 10:54
Hearing from some of the best speakers in the retail industry, 480 minutes of thought-provoking and relevant insights, amazing networking opportunities and the exchange of ideas. The realisation that the retail sector is rapidly changing and to survive and ensure sustainability, businesses need to evolve – it is no longer a ‘nice to have’ – it’s a necessity – this was the 2019 SACSC Congress. read more
Marks & Spencer targets new store concept in bid to drive growth

Marks & Spencer targets new store concept in bid to drive growth

18/10/2019 - 10:18
For a taste of CEO Steve Rowe’s ambitions to transform Marks & Spencer Group (M&S), look no further than its newly refurbished shop in London’s Clapham neighbourhood.  read more
Food garden provides sustenance and jobs in rural community

Food garden provides sustenance and jobs in rural community

18/10/2019 - 09:45
Community food gardens are often started to provide fresh vegetables to underprivileged people living in rural areas, but in many cases, these small-scale farms also offer employment in places where jobs are hard to come by.  read more
Retail sales up 1.1% in August

Retail sales up 1.1% in August

18/10/2019 - 09:28
Measured in real terms, retail sales increased by 1.1% year-on-year in August, following a 2% jump in July, figures released on Wednesday by Statistics South Africa showed. read more
Gearing for growth with online reviews

Gearing for growth with online reviews

18/10/2019 - 09:17
Improving online review ratings is a strategic necessity for franchises and multi-location brands as more customers engage with them via online listings – and expect a response.  read more
Constantia Glen flagship wins trophy as world’s No.1 red blend at IWSC

Constantia Glen flagship wins trophy as world’s No.1 red blend at IWSC

18/10/2019 - 08:56
Constantia Glen FIVE 2015, the flagship red of this family-owned boutique wine estate, has triumphed in London, bringing home the international trophy for world’s best blended red wine at the 2019 International Wine & Spirits Competition (IWSC). read more
Ackermans launches futuristic concept store

Ackermans launches futuristic concept store

16/10/2019 - 16:17
Ackermans, one of South Africa’s longest-standing value retailers, launched its first technology-driven concept store in Sandton City, Johannesburg. read more
Diageo opens £6.4m innovation and research centre in Scotland

Diageo opens £6.4m innovation and research centre in Scotland

16/10/2019 - 12:37
Diageo has inaugurated a new Innovation and Research Centre in Scotland as part of its investment in the sustainable growth of the distilling industry. read more
UK supermarkets join the nude-food revolution

UK supermarkets join the nude-food revolution

16/10/2019 - 10:28
British supermarkets are starting to go “nude”. read more
Slight upturn in prospects for SA 2019/2020 stone fruit exports

Slight upturn in prospects for SA 2019/2020 stone fruit exports

16/10/2019 - 10:11
The latest forecast for South Africa's stone fruit season points to improved volumes compared to last year although the continued effects of drought in some areas and adverse weather during pollination has impacted the full potential, an industry body said on Tuesday. read more
Sainsbury's best performing of the big four but discounters still gaining ground

Sainsbury's best performing of the big four but discounters still gaining ground

16/10/2019 - 09:17
Latest grocery market share figures from Kantar show total supermarket sales grew by 1.3% year-on-year over the 12 weeks to 6 October with Sainsbury’s continuing its recent run of better performance following investment in cutting prices and improving its offer. read more
Pioneer shareholders give nod to PepsiCo deal

Pioneer shareholders give nod to PepsiCo deal

16/10/2019 - 08:25
Shareholders of Pioneer Foods, the owner of brands such as Sasko bread and Ceres juices, have voted almost unanimously in favour of delisting the company, after a $1.7bn bid by PepsiCo. read more
CBD oil product launching countrywide in Clicks and Dis-Chem

CBD oil product launching countrywide in Clicks and Dis-Chem

15/10/2019 - 14:43
South Africa’s top health and beauty retailers, Clicks and Dis-Chem, are both rolling out the Elixinol range of CBD full-spectrum extract products in October.  read more
Data management in a digital world

Data management in a digital world

15/10/2019 - 14:02
Data management plans (DMPs) are evolving as the technology that enables organisations to better analyse their data become more powerful and innovative. But what impact does this have on operations and the efficiency of managing the complexities of data in a changing regulatory environment? read more
Checkers launches long-awaited rewards programme

Checkers launches long-awaited rewards programme

15/10/2019 - 12:20
The wait is over - Checkers Xtra Savings is here! Africa’s largest supermarket group has introduced its latest initiative that shows their loyalty to customers, and not the other way around.  read more
Hyde Park Corner celebrates 50 fabulous years with customers

Hyde Park Corner celebrates 50 fabulous years with customers

14/10/2019 - 15:20
Hyde Park Corner is celebrating its golden anniversary with '50 & Fabulous’ celebrations that include exciting events, lucky draws, prizes, special offers, opportunities to give back, milestone exhibits and a whole lot more in October and November.  read more
Retail apocalypse narrative might be over-exaggerated

Retail apocalypse narrative might be over-exaggerated

14/10/2019 - 13:55
There are two sectors on the JSE that have fallen out of favour - Property and Retail.  read more
How to attract and retain the best employees

How to attract and retain the best employees

14/10/2019 - 11:15
Finding the right employee can be a time-consuming process – especially when you’re looking to hire the best candidate for the job. But there are simple steps one can take to find employees who are best suited for your culture and the future success of your business.  read more
Christmas is coming: 3 ways retailers can ensure a more profitable festive season

Christmas is coming: 3 ways retailers can ensure a more profitable festive season

14/10/2019 - 10:29
According to Stats SA, retail figures for December 2018, showed an annual decline of 1.4% instead of the expected 2.1% growth. It seems like brick-and-mortar stores are battling against depleting footfalls and decaying consumer confidence.  read more
Consumers still dancing with the debt devil in SA

Consumers still dancing with the debt devil in SA

14/10/2019 - 09:37
Up to our ears in debt, it seems South African consumer appetite for credit has not diminished. Despite a flat economy, consumers owe a total of R1.9 trillion - more than R260 billion of which is unsecured credit for credit cards, retail accounts, personal and payday loans, while around R959 billion is owed for mortgages. read more
Chocolate makers face ultimatum over pay for African farmers

Chocolate makers face ultimatum over pay for African farmers

14/10/2019 - 09:12
Chocolate makers are facing an ultimatum - either support a contentious plan to raise the pay of impoverished farmers or risk a halt to programmes that sustainability-conscious consumers increasingly demand.  read more
Securing your brand is a C-suite challenge

Securing your brand is a C-suite challenge

11/10/2019 - 14:37
Brand value is a key component of a company’s success and it takes several years to establish by implementing a brand strategy that supports the business. However, in today’s digital environment, brand value can be compromised in a matter of minutes and negatively affect the brand and company. As such, brand security is an issue that needs constant attention to minimise possible reputational damage to the brand and the associated risk of losing customers.  read more
Big Black Friday plans for Dion Wired, Builders and Game in 2019

Big Black Friday plans for Dion Wired, Builders and Game in 2019

11/10/2019 - 11:11
Black Friday has grown to be an incredibly important ‘shopping holiday’ for South African retailers with Game and Builders reporting a 24% and 33% sales increase over the period in 2018.  read more
SA economy at risk of third-quarter contraction

SA economy at risk of third-quarter contraction

11/10/2019 - 09:54
Dismal mining and manufacturing figures for August have raised the prospect of a third-quarter economic contraction. read more
Rising feed costs clip Astral’s wings

Rising feed costs clip Astral’s wings

11/10/2019 - 09:06
Astral Foods, SA’s largest poultry producer, said that rising feed costs and disappointing consumer spending patterns would crop its earnings in the year to end June. read more
Understanding workforce management in security

Understanding workforce management in security

10/10/2019 - 15:08
In an increasingly connected business environment, decision-makers need to more effectively leverage the human resources they have at their disposal. According to dormakaba South Africa, this is where a good workforce management system that can manage personnel as a strategic asset becomes imperative. read more
Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak

Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak

10/10/2019 - 14:56
As we head into the final stretch of the year it is time to start gearing up for the added demands of the summer season. From factories and warehouses to retail outlets, the entire retail chain is under added pressure during this seasonal time of high demand. Temporary employment services (TES) can help all areas of the retail sector to cater to this peak with additional and flexi staff exactly when and where they are needed, with the right skills for the job, and none of the administrative headache of hiring permanent or contract staff.  read more
Shoprite makes significant positive impact

Shoprite makes significant positive impact

10/10/2019 - 11:01
The Shoprite Group’s significant positive impact in the countries and communities in which it operates have seen it subsidise staple products to the value of R141 million, donate surplus food and goods to the value of R60.4 million and serve more than 20 million meals to communities in need in the 2019 financial year.  read more
Unilever to halve use of new plastic as uproar over waste grows

Unilever to halve use of new plastic as uproar over waste grows

10/10/2019 - 10:28
Unilever pledged to halve its use of newly made plastic by 2025 as the consumer-goods industry wrestles with growing criticism of the environmental impact of throwaway packaging. read more
Commerce: There is hope for easing trade tensions

Commerce: There is hope for easing trade tensions

09/10/2019 - 16:13
Global uncertainties and tensions are escalating and affecting trade in every region.  read more
SA's economy enters 70th month of downward cycle

SA's economy enters 70th month of downward cycle

09/10/2019 - 15:50
South Africa’s economy remains stuck in its longest downward cycle since 1945, adding to pressure on the government to implement reforms to lift business confidence and boost growth. read more
Business sentiment takes a turn for the better in September

Business sentiment takes a turn for the better in September

09/10/2019 - 15:34
Business sentiment, as measured by the SA Chamber of Commerce and Industry (Sacci) business confidence index, took a positive turn in September. read more
Shoemaker Vans treads wearily as China fumes over Hong Kong

Shoemaker Vans treads wearily as China fumes over Hong Kong

09/10/2019 - 13:20
US sports brand Vans has removed “a small number” of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong’s pro-democracy protests, as companies weigh the risks of angering China. read more
Pepco Group appoints Tesco veteran to run PEPCO retail brand

Pepco Group appoints Tesco veteran to run PEPCO retail brand

09/10/2019 - 11:22
Pepco Group, a European discount retailer, has appointed former Tesco executive Trevor Masters as managing director of its largest business PEPCO. read more
Game announces brand refresh and new positioning

Game announces brand refresh and new positioning

09/10/2019 - 10:47
Game has unveiled its reinvigorated brand and new positioning, including a new pay-off line, You’ve Got Game. The refresh aims to reconnect customers with this iconic home-grown brand in a highly engaging and relatable way, while more accurately reflecting the business as it is today – says Katherine Madley, brand and customer director. read more
Clicks riding high on growth profits

Clicks riding high on growth profits

09/10/2019 - 09:32
Pharmaceutical health and beauty retailer Clicks rose to its highest level on the JSE after the group revised up its earlier guidance to investors, saying that it now expected double-digit growth in profits for the year to end August.  read more
Makro has major plans for Black Friday 2019

Makro has major plans for Black Friday 2019

09/10/2019 - 09:11
With Black Friday set to fall on 29 November 2019, a number of South Africans have already begun planning their purchases. read more
Bringing marketing to the boardroom table

Bringing marketing to the boardroom table

08/10/2019 - 11:16
The Nedbank IMC 2020, in association with the Marketing Association of SA and endorsed by the IAB, will take place on March 19, 2020, in Sandton. The big debate next year will centre on the fact that with intangible brand assets being valued at trillions of dollars globally, marketing should be sitting at the table with the grown-ups – but it isn’t. To get marketing to where it needs to be – at the boardroom table – marketers will need to provide concrete evidence that it boosts the bottom line. To this end, the conference theme is “Marketing Works. Work it”.  read more
Stats SA’s seasonal adjustment models are part of regular rebasing

Stats SA’s seasonal adjustment models are part of regular rebasing

08/10/2019 - 10:53
Every year, SA’s economic activity peaks in the fourth quarter (October-December). On the production (or industry) side of GDP, this pattern is driven mainly by three industries: manufacturing; trade, catering and accommodation; and transport, storage, and communication. read more
Shoprite works to prevent childhood stunting

Shoprite works to prevent childhood stunting

08/10/2019 - 09:46
The Shoprite Group has announced investment in several specific interventions to prevent childhood stunting which leaves one in four South African children under the age of five with lifelong cognitive, educational and employment challenges.  read more
Managing a multi-generational workforce

Managing a multi-generational workforce

08/10/2019 - 09:18
Each generation has different work expectations. How can organisations address this challenge effectively without compromising on its core values? Nicol Myburgh, Head of the HR Business Unit at CRS Technologies, believes that while a standardised approach is ill-advised, there are other opportunities to become more attentive to the requirements of a multi-generational workforce. read more
From a rubbish dump to a thriving community garden

From a rubbish dump to a thriving community garden

03/10/2019 - 15:55
Due to the care and dedication of a group of local women, what was once a rubbish dump behind Sediba-Thuto Primary School in Mapetla, Soweto has been transformed into a thriving vegetable garden the size of a soccer field. read more
“Fashion King” David Tlale launches bespoke proudly SA shoe collection

“Fashion King” David Tlale launches bespoke proudly SA shoe collection

03/10/2019 - 15:19
Global fashion maestro, David Tlale — feted around the world for his bold and elaborate designs — has teamed up with iconic shoe brand, Crockett & Jones, to produce a must-have collection of stylish and sophisticated formal footwear for young and trendy men.  read more
Ted Baker shares battered after Chief Executive flags dire retail climate

Ted Baker shares battered after Chief Executive flags dire retail climate

03/10/2019 - 15:00
Shares in Ted Baker shed more than a third of their value on Thursday, after the British fashion retailer’s second profit warning in four months on the back of what new boss Lindsay Page called the worst business conditions in decades. read more
First profit increase in two years for H&M

First profit increase in two years for H&M

03/10/2019 - 12:59
H&M posted its first rise in quarterly pretax profit in more than two years on Thursday as the world's second-biggest fashion retailer said its drive to meet rapid changes in the market was on track. read more
How retailers can boost their bottomline? Invest more in their front-line “brand ambassadors”

How retailers can boost their bottomline? Invest more in their front-line “brand ambassadors”

03/10/2019 - 11:37
Most shopping still happens in-store rather than online, but it is clear that online shopping is a significant growth engine, so stores need to do more to drive footfall. Respondents to Zebra’s 2019 Shopper Vision Study said the top two factors that get them to spend more time in brick-and-mortar stores are product availability and helpful store associates.  read more
Minister lauds Massmart supplier programme

Minister lauds Massmart supplier programme

03/10/2019 - 11:28
Economic development minister Ebrahim Patel has applauded retailer Massmart’s programme to procure products from small, local suppliers, which has reached the R1bn mark. read more
Unlocking the holy grail on Consumer data: data, transparency and value

Unlocking the holy grail on Consumer data: data, transparency and value

03/10/2019 - 11:17
Consumer data has become a sought-after asset for every kind of business, from financial services to FMCG. For a long time, retailers have been investing millions (and millions) of Rands trying to understand their consumer’s spending habits. All retailers want to be consumer-centric, to create behavioural change in a consumer’s life cycle and to maximise business-efficiency at every point in the value chain. We all want that. read more
How online reviews are shaping buyer decision-making

How online reviews are shaping buyer decision-making

03/10/2019 - 10:38
An effective strategy for responding to online reviews is good for business and can help companies enhance their reputation and improve operations. read more
Inglot Cosmetics partners with Cartoon Network for limited edition ‘The Powerpuff Girls’ Beauty Collection

Inglot Cosmetics partners with Cartoon Network for limited edition ‘The Powerpuff Girls’ Beauty Collection

03/10/2019 - 10:19
Cartoon Network is proud to announce that it is collaborating with global beauty brand Inglot Cosmetics for a new limited-edition collection inspired by the original ambassadors of female empowerment The Powerpuff Girls. read more
De Beers diamond sales fall 39% in a year

De Beers diamond sales fall 39% in a year

03/10/2019 - 09:28
De Beers’s diamond buyers continued to take the rare opportunity to reject stones from the biggest supplier as the company extended almost unprecedented flexibility to ease a growing crisis. read more
NetFlorist gears up for Black Friday

NetFlorist gears up for Black Friday

03/10/2019 - 08:41
Black Friday falls on 29 November 2019 and NetFlorist is offering consumers extraordinary Black Friday deals and Cyber Monday specials. This is an ideal time to buy Christmas gifts, household appliances, back-to-school items and more.  read more
Big business urges reforms to help SA economy

Big business urges reforms to help SA economy

02/10/2019 - 13:17
Big business has called on President Cyril Ramaphosa to act urgently and implement short- and medium-term reforms and prioritise growth-enhancing policies to kickstart the economy. read more
Smart Shopper named SA’s favourite loyalty programme for seven years running

Smart Shopper named SA’s favourite loyalty programme for seven years running

02/10/2019 - 13:03
Pick n Pay’s Smart Shopper loyalty programme has been named South Africa’s favourite loyalty programme for yet another year.  read more
Key insights into the global kiwi fruit market

Key insights into the global kiwi fruit market

02/10/2019 - 11:06
The global kiwi fruit market revenue amounted to $7.6B in 2018. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).  read more
Bidcorp to sell UK food logistics business to Tesco

Bidcorp to sell UK food logistics business to Tesco

02/10/2019 - 10:37
Food services firm Bidcorp has agreed to sell its UK logistics business Best Foods to a subsidiary of Tesco, for an undisclosed amount. read more
Markus Jooste dealt a blow in R740m court case

Markus Jooste dealt a blow in R740m court case

02/10/2019 - 10:27
Disgraced Steinhoff CEO Markus Jooste was dealt a blow in the high court in Cape Town on Monday – and now, for the first time, will have to put his case to the court. read more
Four tips for optimising agile marketing

Four tips for optimising agile marketing

02/10/2019 - 10:01
The original business concept of “agility” stems from the 2001 Manifesto for Agile Software Development, put together by 17 software developers at a meeting at Utah in the USA. The need for an agile manifesto was aimed at the Silicon Valley start-up world, envisaging a less micro-managed world in order to action changes faster. It resulted in different Agile software methodologies evolving, many of which have now been adapted and embraced by industries outside of the IT world.  read more
Some 'farm-fresh milk' in South Africa is actually imported from Poland - Here's how to tell

Some 'farm-fresh milk' in South Africa is actually imported from Poland - Here's how to tell

02/10/2019 - 09:15
Garden-Route-based Woodlands Dairy is reportedly importing some of its milk from Poland to South Africa to be sold under its popular “farm-fresh” long life First Choice milk brand. read more
Tesco's Chief Executive to step down

Tesco's Chief Executive to step down

02/10/2019 - 08:42
Tesco has made the surprise announcement that its Chief Executive Dave Lewis will step down next summer and be succeeded by Ken Murphy, a renowned executive working for Walgreens Boots Alliance. read more
Stock weakness hits most of SA's listed retailers hard

Stock weakness hits most of SA's listed retailers hard

02/10/2019 - 08:23
South Africa's lacklustre economy, coupled with high unemployment, low business, and consumer confidence, is curbing household spending and wiping off billions in value for some of the country's listed retailers. read more
Rules on production of processed meat will protect consumers, say authorities

Rules on production of processed meat will protect consumers, say authorities

01/10/2019 - 16:09
New regulations to protect local consumers against health and safety risks posed by the production of processed-meat products will come into effect in October. read more
Celebrated Mullineux & Leeu Family Wines join Meridian Wine Merchants portfolio

Celebrated Mullineux & Leeu Family Wines join Meridian Wine Merchants portfolio

01/10/2019 - 15:50
Meridian Wine Merchants has extended our wine offering by welcoming the celebrated Mullineux & Leeu Family Wines to our portfolio from 1 November 2019 in all regions except the Cape including the Garden Route that will join from 1 March 2020.  read more
It’s time to close the media spending gap between digital and television

It’s time to close the media spending gap between digital and television

01/10/2019 - 14:46
Up until a few years ago, marketers worked on the assumption that digital reached a small audience of high-income earners while television served the mass market. That picture has changed dramatically over the last five years, and the time has come for brands to rethink how and where they allocate their media budgets.  read more
Brands need zeitgeist of compassion

Brands need zeitgeist of compassion

01/10/2019 - 13:03
Brands are seen to have an ever-greater responsibility to bring a degree of stability to what has become a sharply polarised world, and that sentiment is more prevalent in SA than in any other market. read more
AB InBev revives its offering for Apac in Hong Kong

AB InBev revives its offering for Apac in Hong Kong

01/10/2019 - 11:39
Anheuser-Busch InBev (AB InBev) has revived its failed initial public offering (IPO) in Hong Kong by offering 1.26 billion shares of a minority stake of its Asia Pacific subsidiary, Budweiser Brewing Company Apac, and the world’s largest brewer is hoping to raise $5 billion (R74.4bn) on listing. read more
Shortlisted finalists for the 2019 Financial Mail AdFocus Awards announced

Shortlisted finalists for the 2019 Financial Mail AdFocus Awards announced

01/10/2019 - 11:32
The shortlisted finalists for the 2019 Financial Mail AdFocus Awards have been announced. read more
Producer inflation decelerates in August

Producer inflation decelerates in August

01/10/2019 - 11:02
Producer inflation continued to slow in August, reaching 4.5% year on year, down from July’s 4.9%, Statistics SA said. read more