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Key insights into the global banana market

Key insights into the global banana market

16/09/2019 - 14:45
The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the previous year. 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
Ackermans launches ‘Moms4Moms’ educational platform to give mothers a helping hand

Ackermans launches ‘Moms4Moms’ educational platform to give mothers a helping hand

16/09/2019 - 14:03
According to a 2017 Statistic South Africa report, 61% of South African children are raised by only their mothers. This reveals that the majority of South African women have to navigate single-parenthood, as well as being the sole provider for their families.  read more
Rhodes Food Group's turnover rises amid healthy international growth

Rhodes Food Group's turnover rises amid healthy international growth

16/09/2019 - 11:14
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, rose 13.4% in the 10 months to end-July, boosted by a weaker rand and exports of fruit snacks to the US. read more
Distell waits for tribunal ruling

Distell waits for tribunal ruling

16/09/2019 - 10:03
Local alcoholic beverages company, Distell Limited, will have to wait for the Competition Tribunal’s decision whether or not global beer brewer Anheuser-Busch (AB) InBev and SABMiller plc (SAB) have breached their merger conditions by striking exclusive deals with outlets.  read more
The changing UX and CX landscape

The changing UX and CX landscape

13/09/2019 - 16:16
An exceptional customer experience (CX) builds a foundation of loyalty and trust. Similarly, a positive user experience (UX) encourages brand connections with people wanting to come back for more. And yet, local organisations must learn to embrace these more effectively to differentiate themselves from their competitors. read more
Distell and AB Inbev square off in booze showdown

Distell and AB Inbev square off in booze showdown

13/09/2019 - 10:28
Exclusive branding arrangements with liquor outlets and agreements with sports stadiums took centre stage at Competition Tribunal hearings on Thursday, into Distell's accusation that Anheuser-Busch InBev (AB InBev) is contravening the conditions of its 2016 merger with SABMiller. read more
The role of the stokvel in the organisation

The role of the stokvel in the organisation

13/09/2019 - 10:14
South Africans are well-known for their participation in stokvel saving schemes where members contribute a fixed monthly amount that is paid out to a specific member on a specified date. Nicol Myburgh, Head of the HR Business Unit at CRS Technologies, says employers can integrate these payments into existing processes to make it safer and more convenient for those members.  read more
Improving your restaurant's ambience with these 5 tips

Improving your restaurant's ambience with these 5 tips

13/09/2019 - 09:44
Owning a restaurant is much more than ensuring that your guests are well-fed. It is about the experience you offer your customers. For instance, have you ever been to a restaurant where everything is just right? And by everything, we mean the decor, lighting, food, and music. This is the first impression you should aim to achieve as a restaurant owner.  read more
Footgear gets go-ahead to buy Edcon's footwear brands

Footgear gets go-ahead to buy Edcon's footwear brands

13/09/2019 - 09:24
Footgear, the South African retailer of branded and non-branded footwear, on Thursday received the green light to purchase the assets and business associated with Edcon Limited’s Edgars Active and High Key brands. read more
Entries now open for the 2nd Sunday Times Lifestyle Gin Awards, in partnership with Makro

Entries now open for the 2nd Sunday Times Lifestyle Gin Awards, in partnership with Makro

13/09/2019 - 08:39
The Awards celebrate the creators and retailers of locally and internationally crafted gins and variants. As with the inaugural competition in 2018, adjudication will take place across both local and international categories. read more
Brand loyalty on a worrying decline

Brand loyalty on a worrying decline

12/09/2019 - 16:27
In an age of increasing brand parity and a society overwhelmed by choice and technology, brand loyalty is now on a worrying decline. read more
4 reasons to be hopeful about South Africa’s economy

4 reasons to be hopeful about South Africa’s economy

12/09/2019 - 14:40
Markets responded positively to South Africa’s economic growth rebounding in the second quarter, up 3.1%, and 0.9% for the year to June 2019. read more
Violence can impact availability of retail stock in SA, says industry body

Violence can impact availability of retail stock in SA, says industry body

12/09/2019 - 14:06
The Consumer Goods Council of South Africa (CGCSA) is concerned that the violent protests in the country could lead to a significant impact on stock available for retailers. read more
Steinhoff receives record FSCA fine

Steinhoff receives record FSCA fine

12/09/2019 - 13:26
Embattled Steinhoff International's share price fell below R1 for the first time in almost a month on Thursday, after the Financial Sector Conduct Authority (FSCA) slapped it with record R1.5bn fine for misrepresenting its finances to the market. read more
Make your contact centre your epicentre for e-commerce

Make your contact centre your epicentre for e-commerce

12/09/2019 - 11:47
Many companies realize the opportunity to develop and leverage their e-commerce prospects, but in fact, there is an even greater opportunity to make the contact centre the ‘central command’ behind e-commerce and bring this revenue-building stream into the customer experience line of fire. read more
Ackermans launches A-list  Summer collection

Ackermans launches A-list Summer collection

12/09/2019 - 11:08
With winter’s icy grip on the country, it's hard to believe that summer is around the corner. The onset of warmer days means that it’s almost time to ditch the winter wardrobe and embrace a lighter, brighter one. However, selecting a summer wardrobe can be a daunting experience, as consumers are spoilt for choice and simply don’t have the time to sift through the top trends - particularly when on a budget. read more
Shoprite boosts support for small-scale farming in local communities

Shoprite boosts support for small-scale farming in local communities

12/09/2019 - 10:48
“Siya Kolisi” enthralls spectators in the streets of Langa, Cape Town, with his tackles and accurate passes, but this is not the 28-year-old Springbok captain. It is in fact 13-year-old Luxolo Ntsholo who has adopted the moniker. read more
British American tobacco to cut more than 2000 jobs

British American tobacco to cut more than 2000 jobs

12/09/2019 - 10:28
British American Tobacco plans to cut 2 300 jobs around the world, the company announced. read more
Could a snack tax work better than the tax on sugary drinks to curb obesity?

Could a snack tax work better than the tax on sugary drinks to curb obesity?

12/09/2019 - 10:10
Sugary drinks may not be the biggest culprit in obesity - research suggests that a tax on sugary snacks may be even better.  read more
Online shopping business to shake up retail sector

Online shopping business to shake up retail sector

12/09/2019 - 09:40
Allsale Club is a members-only online shopping business that aims to save consumers money on everything from everyday branded items to luxury items.  read more
Fabric softener brand ordered to change name after Sta-Soft complaint

Fabric softener brand ordered to change name after Sta-Soft complaint

12/09/2019 - 09:01
A local fabric softener brand has been ordered to change its labelling after the advertising regulatory board found that its use of the word "soft" was imitating rival brand Sta-Soft. read more
Insights into the global avocado market

Insights into the global avocado market

11/09/2019 - 14:03
The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% against the previous year. 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
Smarter mobility key to a sustainable South Africa

Smarter mobility key to a sustainable South Africa

11/09/2019 - 13:19
The World Economic Forum has revealed that by 2050, 70% of the world’s population will be living and operating in urban areas. Considering the resultant congestion and air pollution, which are already challenges requiring mitigation in 2019, mobility and energy should be top of mind for those making the shift towards cities of the future.  read more
Manufacturing production shrinks for second month in July

Manufacturing production shrinks for second month in July

11/09/2019 - 13:01
Manufacturing production recorded its second consecutive contraction in July, in line with analysts’ expectations. read more
Canada's Hudson's Bay is fishing for young fashionistas

Canada's Hudson's Bay is fishing for young fashionistas

11/09/2019 - 10:39
When Sears Canada announced it was closing all of its stores in 2017, Hudson’s Bay Co (HBC) saw an opportunity: HBC’s Canadian department store chain would swoop in and snatch Sears’s customers. Managers gradually added mid-price apparel to stores from Nova Scotia to British Columbia and waited for sales to take off.  read more
Vriesenhof Vineyards raises a glass in the fight against rhino poaching

Vriesenhof Vineyards raises a glass in the fight against rhino poaching

11/09/2019 - 10:02
Vriesenhof Vineyards has joined forces with The Black Rhino Reserve Wildlife Trust to raise funds to fight rhino poaching and aid conservation efforts in and around the Pilanesberg National Park, which is under constant threat by poachers.  read more
Alibaba set for new era as flamboyant Jack Ma departs

Alibaba set for new era as flamboyant Jack Ma departs

11/09/2019 - 09:33
Alibaba chair Jack Ma has stepped down from the Chinese group, leaving his handpicked successor a daunting task of steering the $460bn juggernaut at a time when the market for its core e-commerce business has slowed sharply. read more
Business models for the digital age

Business models for the digital age

11/09/2019 - 08:25
Gearing up for digital transformation is daunting for any business owner. Taking a business model that has proven to be successful and moving it into the online space involves challenging the status quo, questioning assumptions, and taking an honest look at what works and what doesn’t if a business wants to maintain its competitive edge.  read more
UK retailers bristle at demand of no-deal Brexit

UK retailers bristle at demand of no-deal Brexit

10/09/2019 - 14:52
A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can't find everything they want on the shelves.  read more
Brand sustainability and customer loyalty

Brand sustainability and customer loyalty

10/09/2019 - 14:30
Brands are becoming increasingly conscious that their success is determined beyond the products they sell – transparency around the origin of their products and sustainability have become important factors when determining customer loyalty. read more
Community champions help rural orphans

Community champions help rural orphans

10/09/2019 - 11:32
In 2004, when Charmaine and Andre Krugel were asked by community members of the Huntington Trust in Bushbuckridge, Mpumalanga, to help orphans and vulnerable children in the village, they couldn’t say no. read more
Consumers drink while retailers keep the tills active and lights on

Consumers drink while retailers keep the tills active and lights on

10/09/2019 - 11:19
One in five South Africans is unemployed and economic growth remains anaemic, but retailers manage to grow, demonstrating that they still have some defensive qualities.  read more
Richemont’s head of fashion departs for role outside company

Richemont’s head of fashion departs for role outside company

10/09/2019 - 10:34
Swiss luxury-goods maker Richemont said the head of its fashion and accessories business resigned after one year on the job to join another company. read more
Eskom: The largest threat to the stability of the SA economy

Eskom: The largest threat to the stability of the SA economy

10/09/2019 - 09:45
On Tuesday 23 July, South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an allocation of R59 billion over the next three years.  read more
Massmart partners with Walmart’s global sourcing team to help local suppliers export to Walmart markets

Massmart partners with Walmart’s global sourcing team to help local suppliers export to Walmart markets

10/09/2019 - 09:28
Representatives from Walmart’s Global Sourcing team are in Johannesburg to meet with 18 of Massmart’s South African suppliers who are interested in exploring opportunities to export their products to Walmart markets. read more
SA may suffer from food wastage, not insecurity

SA may suffer from food wastage, not insecurity

09/09/2019 - 15:55
South Africa should review the legislation regulating the use-by and sell-by dates of food, the Tiger Brands Foundation said. read more
African continental free-trade deal has a long way to go

African continental free-trade deal has a long way to go

09/09/2019 - 14:50
The African continental free-trade agreement (AfCFTA) is facing several challenges and it could be decades before there is a common market in which tariffs are largely abolished. read more
Shoprite continues march into Kenya with opening of third store

Shoprite continues march into Kenya with opening of third store

09/09/2019 - 14:29
Further strengthening its position in the East African market, the Shoprite Group launched its third supermarket in Kenya and the first outside Nairobi. read more
Multi-million rand Rustenburg Mall underway

Multi-million rand Rustenburg Mall underway

09/09/2019 - 11:07
Rustenburg shoppers can look forward to a brand new shopping centre – Rustenburg Mall – set to introduce its first phase in April 2021. read more
How to introduce a customer-centred business strategy

How to introduce a customer-centred business strategy

09/09/2019 - 10:14
Introducing a customer-centred business strategy is not an overnight process. First and foremost, it’s one that requires buy-in from the C-suite with specific, focused and action-orientated objectives put in place. In addition, the value and relevance of the project need to be clearly outlined and communicated to stakeholders to encourage their support at the “launch” thereof and throughout the process of change. read more
AVI earnings slip as consumer spending remains constrained

AVI earnings slip as consumer spending remains constrained

09/09/2019 - 09:33
Consumer goods group AVI, whose brands include footwear retailer Spitz and Five Roses tea, trimmed its final dividend 4% in the year to end-June as it continued to feel the pinch from a constrained consumer environment. read more
Foschini launches all-woman concept store

Foschini launches all-woman concept store

06/09/2019 - 08:26
Fashion group Foschini has opened an All Woman concept store in the newly renovated Fourways Mall. read more
SA’s favourite retailers announced in the 2019 Sunday Times/Sowetan Shopper Survey

SA’s favourite retailers announced in the 2019 Sunday Times/Sowetan Shopper Survey

05/09/2019 - 13:43
Shoprite has once again been named as South Africa’s favourite retailer according to the results of the 2019 Sunday Times/Sowetan Shopper Survey. read more
Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations

Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations

05/09/2019 - 12:53
Pick n Pay Smart Shoppers can now spend their points on fuel at participating BP service stations across the country. read more
Shopping centres need to adopt an integrated holistic and fluid strategy to drive performance - Clur report

Shopping centres need to adopt an integrated holistic and fluid strategy to drive performance - Clur report

05/09/2019 - 10:36
Shifting local and international approaches to lifestyle, health, wellness, environment, work, and community living are increasingly dictating the need for Southern African shopping centres to adopt an integrated holistic and fluid strategy to drive performance.  read more
Libstar aims to up its exports

Libstar aims to up its exports

05/09/2019 - 08:47
Libstar wants to increase contribution from its exports to as much as 20% in a move that will mitigate the subdued consumer spending and weak retail environment.  read more
Levi's launches Made & Crafted premium collection in SA

Levi's launches Made & Crafted premium collection in SA

05/09/2019 - 08:31
Levi’s has released a Made & Crafted premium collection in South Africa.  read more
The owner of Foschini grabs market share

The owner of Foschini grabs market share

04/09/2019 - 11:41
Clothing group TFG says cash turnover has grown solidly in the first 21 weeks of its 2020 financial year, but credit extension remained almost flat in Africa due to reduced consumer spending. read more
US retailers in the spotlight as tariffs on Chinese consumer products kick in

US retailers in the spotlight as tariffs on Chinese consumer products kick in

04/09/2019 - 10:54
US retailers will be front and centre on Wall Street this week after the US imposed new tariffs on $300bn worth of Chinese imports, including clothing, televisions, and jewellery. read more
Zara denies its Hong Kong stores were closed due to protests

Zara denies its Hong Kong stores were closed due to protests

04/09/2019 - 09:37
Fast-fashion company Zara says store closures in Hong Kong were not related to anti-Beijing protests in the city, after speculation on Chinese social media that the retailer’s employees were supporting the demonstrators. read more
Innovative leasing deals boost Kenya's office market

Innovative leasing deals boost Kenya's office market

04/09/2019 - 09:25
A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market Snapshot H1:2019 report.  read more
Lego's sales bounce back with the help of Marvel superheroes

Lego's sales bounce back with the help of Marvel superheroes

04/09/2019 - 09:11
Models of superheroes and villains from Marvel’s Avengers movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments in China, India, the internet and new stores. read more
Global grape market 2019

Global grape market 2019

04/09/2019 - 08:39
IndexBox has published a new report: 'World - Grapes - Market Analysis, Forecast, Size, Trends, and Insights'. Here is a summary of the report's key findings. read more
Foschini's cash sales climb, but credit is under pressure

Foschini's cash sales climb, but credit is under pressure

03/09/2019 - 13:58
The JSE-listed clothing retailer the Foschini Group [JSE:TFG] announced a 14.1% increase in cash sales in its South African operations in the first 21 weeks of 2020, while sales on credit only rose 0.9%. read more
Study shows women prefer online shopping

Study shows women prefer online shopping

03/09/2019 - 13:16
Women prefer shopping online. If you're a woman then this is no surprise at all. According to a report by specialist digital agency Reprise, South Africa’s eCommerce industry, while still in its infancy, is showing strong growth thanks to high mobile penetration, secure payment options and changing spending habits. read more
Marketing the Future – unlocking the human element in a digital world

Marketing the Future – unlocking the human element in a digital world

03/09/2019 - 12:59
The IMM Graduate School, in partnership with Nedbank, will be hosting the second annual half-day Marketing the Future Conference in Johannesburg, Durban, and Cape Town. This year’s theme, “unlocking the human element in a digital world”, examines how the role of marketers continues to change as technology develops. read more
Cashbuild flags tough environment amid rationalisation strategy

Cashbuild flags tough environment amid rationalisation strategy

03/09/2019 - 12:51
Building materials retailer Cashbuild weathered a tough trading environment to deliver 3% growth in operating profit for the year to end-June, boosted by an extra trading week and the addition of 11 new stores.  read more
SA beekeepers are declining despite robust honey demand

SA beekeepers are declining despite robust honey demand

03/09/2019 - 10:10
The number of professional beekeepers is declining as many of them are going out of business voluntarily or due to the drought, according to Professor Martin Villet from Rhodes University’s Department of Zoology and Entomology.  read more
Ackermans victorious for the third time running at 10th annual AskAfrica Icon Brands Survey Awards

Ackermans victorious for the third time running at 10th annual AskAfrica Icon Brands Survey Awards

03/09/2019 - 09:02
South Africa’s most loved brands were announced recently at the AskAfrika Icon Brands Survey awards in Johannesburg. Value retailer, Ackermans, was awarded the top honour in the Clothing Retail: Children’s category, for a third time in a row, and was further announced as a Platinum Brand Icon. read more
Consumers caught up in 'mindless swiping culture'

Consumers caught up in 'mindless swiping culture'

03/09/2019 - 08:45
Based on the results of the latest DebtSafe Financial Reality Survey, many South Africans are caught up in a “mindless swiping culture”. This is because of the exploitation of consumers’ shopping experiences, the desire for instant gratification, and how easy it is for consumers to swipe store, credit or awards cards, says DebtSafe debt adviser Carla Oberholzer. read more
No pain, no gain for SA economy

No pain, no gain for SA economy

02/09/2019 - 16:22
Despite SA’s fiscal crisis — and the fact that the country has very little to show for the loose fiscal policy run over the past decade — there is a lobby (mainly on the Left) that thinks the best way to resolve SA’s growth and fiscal challenges is to inject further fiscal stimulus into the economy. read more
Steinhoff seeks fresh start, nominates new auditor

Steinhoff seeks fresh start, nominates new auditor

02/09/2019 - 15:58
Steinhoff International Holdings NV nominated Mazars as its new auditor as the South African retailer looks for a fresh start after an accounting scandal almost destroyed the company. read more
Woolworths trials innovative 'circular economy' inspired paper shopping bags

Woolworths trials innovative 'circular economy' inspired paper shopping bags

02/09/2019 - 14:30
In its ongoing commitment to phase out single-use plastic shopping bags by 2020, Woolworths has announced its first trial of specially-designed paper bags for fashion, beauty and homeware purchases. read more
RCL Foods swings into a loss as sugar tax bites

RCL Foods swings into a loss as sugar tax bites

02/09/2019 - 12:44
RCL Foods, which owns Rainbow Chicken and Selati Sugar, said that difficulties in its sugar and chicken business contributed to shaving off R1bn in profits in the year to end-June. read more
HomeChoice launches state-of-the-art e-commerce platform

HomeChoice launches state-of-the-art e-commerce platform

02/09/2019 - 12:31
HomeChoice International PLC, a leading provider of innovative Retail and Financial Services products, and the largest home-shopping retailer in Southern Africa have partnered with Oracle, to launch a new eCommerce website hosted on Oracle Cloud Commerce (OCC). OCC is a new commerce platform from Oracle, built as a cloud-based software-as-a-service platform from its popular on-prem solutions, ATG and Endeca search.  read more
2019 Standard Bank Chenin Blanc Top Ten Challenge winners announced

2019 Standard Bank Chenin Blanc Top Ten Challenge winners announced

02/09/2019 - 11:37
This year’s winners of the Standard Bank Chenin Blanc Top 10 Challenge provide ample evidence of South Africa’s major advances with the variety, according to Ina Smith, manager of the Chenin Blanc Association. read more
Customer loyalty – It’s a dog’s life

Customer loyalty – It’s a dog’s life

02/09/2019 - 11:05
Acquiring today’s customer is a lot like getting a dog. They provide an endless amount of value and the feel-good sense of confidence that you’re doing a good job. read more
Producer inflation slows to lowest level in five months

Producer inflation slows to lowest level in five months

02/09/2019 - 10:51
Producer inflation moderated to its lowest level in five months in July, due to lower fuel prices. read more
Shoprite and Checkers introduce locally designed African doll range

Shoprite and Checkers introduce locally designed African doll range

30/08/2019 - 08:11
Born from the need to celebrate African children and their natural beauty, husband-and-wife team Thabo and Mpumi Motsabi have just launched a range of dolls available exclusively in Shoprite and Checkers supermarkets throughout South Africa. read more
Steinhoff revenue up 4% despite ongoing challenges

Steinhoff revenue up 4% despite ongoing challenges

30/08/2019 - 07:56
International retailer Steinhoff said on Thursday it had continued to grow overall revenue despite the ongoing challenges facing the group, with net sales from continuing operations in the nine-month period to June 30 increasing by four percent to €10.113 billion. read more
Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

29/08/2019 - 09:20
Walmart-controlled Massmart, owner of Makro, Game, Builders Warehouse and Dion Wired, has suffered a headline loss of R550 million for the six months to end-June – after earning a profit of more than R200 million in the same period last year. read more
Woolworths cuts final dividend by a quarter as CEO moves to Australia

Woolworths cuts final dividend by a quarter as CEO moves to Australia

29/08/2019 - 09:13
Woolworths has cut its final dividend to shareholders by a quarter after a write-down against troubled Australian chain David Jones dragged the high-end retailer to another annual loss.  read more
3 Data trends shaping digital marketing in the next 18 months

3 Data trends shaping digital marketing in the next 18 months

28/08/2019 - 14:47
As we move into the next phase of the digital revolution, data will take an increasingly important role in how brands shape their customer experience and interact with consumers. As wearable computers proliferate and everything from cars to smart speakers to industrial equipment is connected to the Internet, people and devices are creating more data than ever before.  read more
Tito Mboweni issues surprise growth strategy

Tito Mboweni issues surprise growth strategy

28/08/2019 - 09:59
On Tuesday, finance minister Tito Mboweni fired a shot across the bows of the government, publishing an economic strategy for the country on the Treasury website. read more
Dis-Chem reports double-digit sales growth

Dis-Chem reports double-digit sales growth

28/08/2019 - 09:28
Dis-Chem Pharmacies says sales grew 13.5% to R9.9bn in the first five months of its 2020 financial year, thanks partly to better wholesale revenues. read more
Distell says rest of Africa offset lower volumes in SA

Distell says rest of Africa offset lower volumes in SA

28/08/2019 - 09:23
Alcoholic drinks company Distell, whose brands include Nederburg wines and Klipdrift brandies, says its rest-of-Africa business made up for lower sales volumes in SA in the year to end-June. read more
Twelve new categories included in the 21st Sunday Times Top Brands Survey

Twelve new categories included in the 21st Sunday Times Top Brands Survey

28/08/2019 - 09:15
Now in its 21st year, the annual Sunday Times Top Brands Survey has expanded with the addition of 12 new categories across both the Business and Consumer sections of the survey. The survey, conducted by research firm Kantar on behalf of the Sunday Times, is considered the leading barometer of consumer sentiment towards brands in South Africa. read more
Weak performance in the smartphone sector

Weak performance in the smartphone sector

27/08/2019 - 16:06
Smartphone revenues grew 3.9 percent year-on-year in the second quarter of 2019 and unit sales dropped 4.9 percent to just under 3 million units in the same time frame, continuing the same trend seen in the previous two quarters.  read more
Can AI solve the killer question?

Can AI solve the killer question?

27/08/2019 - 15:37
Artificial intelligence (AI) may be super clever but, asks Regenesys Business School chair Marko Saravanja, does it have judgment? If, in an emergency, a self-driving car is going to hit either an elderly couple or a young woman with a baby, which of them does it aim at? read more
Consider the tax implications when taking your money offshore

Consider the tax implications when taking your money offshore

27/08/2019 - 10:52
South Africans are overburdened with taxes, and it’s only set to get worse. If you are considering investing internationally, you should be aware of the tax requirements when deciding on the best investment approach.  read more
Factories lie idle in China as sportswear brands leave

Factories lie idle in China as sportswear brands leave

27/08/2019 - 09:43
A quarter of the Chinese production capacity used by global sportswear brands is lying idle, according to an industry executive, as the trade war pushes the biggest labels out of the Asian nation’s factories. read more
Retail stocks: Look out for the potholes and opportunities

Retail stocks: Look out for the potholes and opportunities

26/08/2019 - 16:22
Retailers and wholesalers on the JSE have been clobbered since their respective 2018 financial results. read more
Customer led digital innovation strategies for sustainable growth

Customer led digital innovation strategies for sustainable growth

26/08/2019 - 15:24
Global economies are under pressure and leaders are constantly on the search for ways to improve customer experience, innovation, and growth. read more
Eliminating packaging is a good start - but here's what supermarkets should do to stop harming the planet

Eliminating packaging is a good start - but here's what supermarkets should do to stop harming the planet

26/08/2019 - 15:02
The first key step towards this vision is widening the packaging-free philosophy to all stores of all the major supermarkets, and, crucially, not giving consumers who might resist change the option to stick with the polluting packaged goods that feel so familiar. read more
Shoprite plans smaller stores, closer to shoppers – and more shops in containers

Shoprite plans smaller stores, closer to shoppers – and more shops in containers

26/08/2019 - 13:48
In an effort to gear up growth, Shoprite wants to move to smaller stores, closer to where its customers are. read more
Factors to consider when choosing a group benefits plan for startup business

Factors to consider when choosing a group benefits plan for startup business

26/08/2019 - 08:35
For a startup owner, having perks for your employees will benefit your business. Although you might be on a shoestring budget, employees are more likely to stay where they feel appreciated. So, why not consider a group benefits plan for your employees.  read more
Amazon opens its biggest global campus in India

Amazon opens its biggest global campus in India

26/08/2019 - 08:21
Amazon.com announced that it has launched its biggest campus in the world in the southern Indian city of Hyderabad, underscoring its expansion plans in the country that has been one of its fastest-growing overseas markets. read more
Italtile plans to open more store despite weak trading conditions

Italtile plans to open more store despite weak trading conditions

23/08/2019 - 14:56
JSE-listed supplier of ceramic tiles Italtile said it planned to open more stores in South Africa and abroad, despite the subdued economy, which has constrained consumer spending. read more
Hasbro to buy Entertainment One and Peppa Pig

Hasbro to buy Entertainment One and Peppa Pig

23/08/2019 - 14:30
After years of longing, Hasbro can finally call itself a full-fledged entertainment company. read more
Trends helping fashion retail SMEs scale up

Trends helping fashion retail SMEs scale up

23/08/2019 - 10:54
Retail is going through change along with the rest of the digital world - but it’s one of those touchy-feely zones, where online does not always size-up to an actual shopping experience.  read more
Australian retailer Coles reports jump in online sales

Australian retailer Coles reports jump in online sales

23/08/2019 - 10:31
Australian retailer Coles Group reported a jump in online sales and a special dividend that cheered investors, sending its shares near their biggest one-day gain in two months.  read more
Introducing the Cape Fine and Rare Wine Auction

Introducing the Cape Fine and Rare Wine Auction

23/08/2019 - 10:07
With the world market increasingly focused on the fine and rare wines from South Africa, the Cape Winelands is in a stronger position than ever to showcase its fine wine investments. This year, the Cape Winelands is proud to host its first-ever Cape Fine & Rare Wine Auction, an evolution of the historic Nederburg Auction in 1975.  read more
Africa’s biggest mall welcomes Ackermans’ 800th store

Africa’s biggest mall welcomes Ackermans’ 800th store

23/08/2019 - 09:52
One of South Africa’s longest-standing value retailers, Ackermans, opened its 800th store in Africa’s biggest shopping centre Fourways Mall, in the north of Johannesburg. read more
Is it blowing hot or cold for SMEs in the food & beverage sector?

Is it blowing hot or cold for SMEs in the food & beverage sector?

23/08/2019 - 09:45
The food and beverage sector is an integral part of South Africa’s hard-working economy – and widely known as a popular and competitive space. It’s all in a day’s work where new-age urban pop-ups serving high-quality fast cuisine to foodies, compete with trendy side cafes for customers in a fast-paced world. This can all seem a bit of a bun fight as merchants find the need to be innovative in order to stay ‘in demand’. read more
Tough economy put a chill on Mr Price retail sales

Tough economy put a chill on Mr Price retail sales

23/08/2019 - 09:24
A tough economic climate has put pressure on Mr Price's fashion retail sales, as customer spending remained constrained, the company said in a trading statement for the first four months of its financial year ended March 28. read more
LiquorShop extends its low price promise to customers with the opening of its 500th store

LiquorShop extends its low price promise to customers with the opening of its 500th store

23/08/2019 - 08:58
LiquorShop, the Shoprite Group’s chain of stand-alone liquor outlets, marked a major milestone with the opening of its 500th store at the Philippi Plaza Shopping Centre in Cape Town. read more
Builders Warehouse Strubens Valley gets an uber-makeover

Builders Warehouse Strubens Valley gets an uber-makeover

22/08/2019 - 13:16
Builders Strubens Valley is the latest store in the Builders group to get a grand revamp as South Africa’s leading DIY and buildings material retailer strives to meet the demands of customers who want a seamless, slick integrated shopping experience. read more
Franchises reap the rewards of tech-enabled local marketing strategies

Franchises reap the rewards of tech-enabled local marketing strategies

22/08/2019 - 11:26
One of the great challenges facing franchise businesses is to maintain their group brand identity while enabling Local Marketing Strategies at branch level. Those that do, grow at a rate of about three times than that of their competitors. read more
Shoprite-supported school garden feeds young minds and stomachs

Shoprite-supported school garden feeds young minds and stomachs

22/08/2019 - 10:04
The Johan Hus Primary School is a small school situated at the foot of the picturesque Tsitsikamma Mountains in Humansdorp in the Eastern Cape. Here learners not only learn about the environment in a hands-on manner, but the crops they grow are also used in the school kitchen to feed all the pupils. read more
Shoprite's debt shocker

Shoprite's debt shocker

22/08/2019 - 08:57
Debt-leery investors, spooked by one local corporate car crash after another, have found another share to dump: mighty Shoprite. read more
Meridian Wine Merchants celebrates Rosé month

Meridian Wine Merchants celebrates Rosé month

22/08/2019 - 08:41
The popularity of Rosé wines seems unstoppable. Enjoyed by famous Hollywood A-listers and served in trendy bars from St. Tropez to New York, this red-and-white cousin has become a global success story. With this pink drink getting trendier, and more sophisticated, by the day, it is little wonder that some consider August as international Rosé month. read more
Woolworths customer wins R1 million grand prize

Woolworths customer wins R1 million grand prize

21/08/2019 - 10:43
Woolworths Financial Services (WFS) is pleased to announce the winner of its Woolies Millionaire competition. The lucky winner received R1 million in a campaign that ran from 10 May to 30 June 2019, targeted at both new and existing credit card customers.  read more
Inflation eases even more than expected

Inflation eases even more than expected

21/08/2019 - 10:36
Inflation eased more than expected to 4% in July. read more
The race for reach is on - Shoprite Group CEO

The race for reach is on - Shoprite Group CEO

21/08/2019 - 09:43
The race for reach is on, according to Shoprite Group CEO Pieter Engelbrecht. read more
Steinhoff’s legal woes leave little for those holding stock

Steinhoff’s legal woes leave little for those holding stock

21/08/2019 - 09:24
Steinhoff International Holdings may have about €15bn (R255.1bn) of assets and stakes in profitable companies such as Pepkor Holdings, but you will not see that reflected in the share price. read more
The SA liquor market is changing - these are the new favourites, says expert

The SA liquor market is changing - these are the new favourites, says expert

21/08/2019 - 09:05
The way South Africans are consuming liquor is changing from traditional, heritage brands to modern, urban, "idiosyncratic" brands, according to Rowan Leibbrandt, founder of fine liquor merchants Truman & Orange. read more
Wool sector on edge over Chinese ban due to foot-and-mouth

Wool sector on edge over Chinese ban due to foot-and-mouth

21/08/2019 - 08:57
SA’s wool industry is on tenterhooks as exporters seek clarity on a Chinese ban on imports of the fibre following an outbreak of foot-and-mouth disease earlier this year in the world’s second-biggest producer. read more
Steinhoff and Pepkor blocked from selling Tekkie Town shares

Steinhoff and Pepkor blocked from selling Tekkie Town shares

21/08/2019 - 08:44
The Western Cape High Court has prevented Steinhoff and its subsidiary, Pepkor Holdings, from selling or dealing in the shares of shoe retailer Tekkie Town, in a ruling handed down on Tuesday. read more
Walmart Q2 revenue grows 1.8% year on year

Walmart Q2 revenue grows 1.8% year on year

20/08/2019 - 14:13
Total revenue of Walmart for its second quarter (Q2) of Financial Year 2020 (FY20) ending July 31 hit $130.4 billion, up 1.8 percent year on year, while the net sales of Walmart International decreased 1.1 percent year on year to $29.1 billion, the company reported.  read more
Brian Joffe’s Long4Life warns of lower half-year earnings

Brian Joffe’s Long4Life warns of lower half-year earnings

20/08/2019 - 12:59
Brian Joffe’s Long4Life says half-year earnings will probably fall partly because of lower trading profits from Chill Beverages, which makes the Fitch & Leedes drinks brand. read more
Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Truworths reports steady performance

Truworths reports steady performance

20/08/2019 - 10:04
Truworths International reported lower earnings for the year to June 2019 as Truworths posted a steady performance in the weak domestic retail market while the profitability of the Office chain was severely impacted by the depressed United Kingdom (UK) trading conditions. read more
Estee Lauder forecasts robust fiscal 2020

Estee Lauder forecasts robust fiscal 2020

20/08/2019 - 09:47
Estee Lauder forecast full-year revenue and profit above Wall Street expectations, putting to bed concerns of slowing demand in China due to trade tensions and Hong Kong protests as sales of its luxury skincare products soared, propelling its shares to a record high. read more
Why poor customer service is killing your brand (and how to fix it)

Why poor customer service is killing your brand (and how to fix it)

20/08/2019 - 09:18
South African businesses are faced with an exceedingly difficult task. They have to find ways to survive in the face of ongoing political uncertainty, fast eroding business and investor confidence, and declining consumer spend.  read more
Yamamay launches first retail store in SA

Yamamay launches first retail store in SA

20/08/2019 - 09:04
Trendy Italian underwear, clothing and swimwear brand, Yamamay has launched its first South African store at Menlyn Park Shopping Centre in Pretoria.  read more
Consumers racking up debt to make ends meet

Consumers racking up debt to make ends meet

20/08/2019 - 08:50
Consumer credit has continued to rise over the past two quarters of this year, which means that consumers are relying more on credit cards and personal loans to get by. read more
Falling sugar price triggers rise in import duty

Falling sugar price triggers rise in import duty

20/08/2019 - 08:40
Sugar import duty increases were triggered again last week after a falling London sugar price increased the protection for local sugar producers by 18 percent.  read more
Alibaba results beat estimates on cloud, e-commerce growth

Alibaba results beat estimates on cloud, e-commerce growth

19/08/2019 - 14:08
China’s Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit, aided by growth in its e-commerce and cloud computing businesses. read more
#WomensMonth: The art of brewing with a woman’s touch

#WomensMonth: The art of brewing with a woman’s touch

19/08/2019 - 13:36
SAB which boasts 57% of women brewers in South Africa, believes Women’s Month provides the perfect opportunity for our country to reflect on how far we have come in changing the perception of women and beer. Since prehistoric times, the important responsibility of brewing beer was almost always undertaken by women in a community, but since the industrial revolution in the 18th Century, it has become more of a male-dominated industry. Now is the time for women to take their power back and reassume their rightful place as society’s leading brewmasters. read more
Digital transformation: marketers’ challenge

Digital transformation: marketers’ challenge

19/08/2019 - 11:03
Marketing leaders worldwide are shifting rapidly to make digital transformation real in their businesses. But are their SA counterparts doing the same? read more
Ackermans, Truworths and Pep lead in customer satisfaction rankings

Ackermans, Truworths and Pep lead in customer satisfaction rankings

19/08/2019 - 08:36
Consulta has released its latest South African Customer Satisfaction Index (SA-csi), showing which clothing stores have the highest customer satisfaction ratings. read more
Truworths profit at nine-year low as profit plunges over 70%

Truworths profit at nine-year low as profit plunges over 70%

16/08/2019 - 11:52
Shares in Truworths slumped to a nine-year low on Friday morning after the fashion retailer reported a 74% slide in profits amid difficult trading environments in SA and the UK. read more
UnionPay cards - the largest card scheme in the world - now accepted at all Pick n Pay stores across SA

UnionPay cards - the largest card scheme in the world - now accepted at all Pick n Pay stores across SA

16/08/2019 - 11:11
UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick n Pay, a major food, clothing, and general merchandise retailer, is now enabled to accept UnionPay cards at all of its till points across its approximately 1,800 stores countrywide.  read more
Pernod Ricard SA to centralise operations with Johannesburg move

Pernod Ricard SA to centralise operations with Johannesburg move

16/08/2019 - 10:27
In a move set to enhance cohesion, collaboration and efficiencies, Pernod Ricard South Africa (PRSA), a co-leader of wine and spirits worldwide will officially relocate its Cape Town offices to Woodmead, Johannesburg by 31st December this year. read more
Why equipment finance makes sense for your SME

Why equipment finance makes sense for your SME

15/08/2019 - 15:26
Every business, be it in retail, agriculture, and even tech, simply cannot operate without the necessary equipment to run their operations. Equipment can be costly, and that is why equipment finance for small businesses appeals to most small-medium business owners.  read more
RCL Foods slumps 10% as sugar tax does big damage

RCL Foods slumps 10% as sugar tax does big damage

15/08/2019 - 14:02
RCL Foods, which owns Rainbow Chicken and Selati Sugar, fell as much as 10.5% after warning it had written down its sugar unit by R761.9m as a result of a bigger than expected impact from the imposition of the government's sugar tax. read more
Lidl introduces reusable fruit and veg bags

Lidl introduces reusable fruit and veg bags

15/08/2019 - 11:29
The ‘Green Bags’, priced at 69p for two, provide customers with a reusable alternative to single-use, small fruit, and vegetable bags. read more
Survivor crowned 2019 ABSA Top Ten Pinotage

Survivor crowned 2019 ABSA Top Ten Pinotage

15/08/2019 - 11:25
Survivor, the unbridled Swartland wine range, has been recognised as one of South Africa’s top Pinotage producers making the cut in the prestigious 2019 ABSA Top Ten Competition. read more
With banana leaf lamps, H&M backs firms promising social change

With banana leaf lamps, H&M backs firms promising social change

15/08/2019 - 10:31
With lampshades made by Indian women and trays from East Africa, H&M said that it had become the latest retail giant to back businesses with a mission to do good, as pressure mounts to end throwaway consumerism.  read more
AI to change contact centre customer experience

AI to change contact centre customer experience

15/08/2019 - 10:05
With investments in artificial intelligence (AI) related technologies expected to triple by 2020, local companies are looking at ways to integrate it into all aspects of their business. It is especially in the contact centre industry where it can be used to greatly enhance the customer experience (CX). And yet, AI is not such a new thing. read more
We need to rethink our food system to tackle climate change

We need to rethink our food system to tackle climate change

15/08/2019 - 09:19
The way we produce, consume and discard food is no longer sustainable. read more
Kit Kat goes solar at Benoni Cash & Carry site

Kit Kat goes solar at Benoni Cash & Carry site

15/08/2019 - 09:11
In a bid to reduce its carbon footprint, mitigate load shedding and become less reliant on the national grid, the Kit Kat group has completed a solar power installation at its Benoni Cash & Carry store. read more
Choppies to exit SA market, chair to step down

Choppies to exit SA market, chair to step down

15/08/2019 - 09:03
Botswana-based grocery retailer, Choppies, has announced that it will be exiting the South African market, four years after expanding into the country. read more
Steinhoff says restructuring exercise complete

Steinhoff says restructuring exercise complete

14/08/2019 - 12:15
International retailer Steinhoff said its subsidiaries Steinhoff Europe AG (SEAG) and Steinhoff Finance Holding GmbH (SFHG) had successfully completed the implementation of an exercise which restructured their financial indebtedness and changed the group's European corporate holding structure. read more
Crackdown on informal traders will hurt economy, says refugee forum

Crackdown on informal traders will hurt economy, says refugee forum

13/08/2019 - 09:40
SA’s embattled economy could be strained further if the crackdown on informal traders continues unabated, the African Diaspora Forum (ADF) warns.  read more
Product mix boosts revenue of Denny owner Libstar

Product mix boosts revenue of Denny owner Libstar

13/08/2019 - 08:36
Consumer goods group Libstar said it managed solid volume growth for its core product offerings in the six months to end-June, but accounting changes will weigh somewhat on its interim headline earnings per share (Heps) growth.  read more
Retail boost could steer SA away from a recession

Retail boost could steer SA away from a recession

12/08/2019 - 12:37
A rebound in economic growth in the second quarter of the year will likely see SA avert its second recession in two years. read more
Kraft Heinz writes down more than $1bn as first-half revenue slumps

Kraft Heinz writes down more than $1bn as first-half revenue slumps

12/08/2019 - 12:30
Kraft Heinz’s net income halved in the first six months of the year, the packaged food maker said as it wrote down the value of several business units by more than $1bn in results delayed by an internal investigation into procurement practices. read more
Mtuba Mall harnesses power of the sun

Mtuba Mall harnesses power of the sun

08/08/2019 - 11:32
With Eskom’s stability looking far from certain, businesses are searching for cheaper and more reliable alternatives to generate electricity.  read more
Tiffany & Co partners with Reliance Industries to bring jewellery to India

Tiffany & Co partners with Reliance Industries to bring jewellery to India

08/08/2019 - 11:21
Iconic American jeweller Tiffany & Co is partnering with Mukesh Ambani’s conglomerate to gain a foothold in the lucrative Indian market. read more
Meridian Wine Merchants appoints new Managing Director

Meridian Wine Merchants appoints new Managing Director

08/08/2019 - 11:11
Meridian Wine Merchants is pleased to announce that Shane Allchin has been appointed Managing Director of Meridian Wine Merchants effective 1 August 2019. read more
Unilever, Tesco, Nestlé ranked top on meat alternatives

Unilever, Tesco, Nestlé ranked top on meat alternatives

08/08/2019 - 10:39
Unilever, Tesco, and Nestlé are among the best prepared to capitalise on the trend for plant-based meat substitutes, according to a report from an investor group managing $5-trillion in assets. read more
Drinks giant Diageo announces new family leave policy in the spirit of Women's Month

Drinks giant Diageo announces new family leave policy in the spirit of Women's Month

08/08/2019 - 10:26
Diageo South Africa, a subsidiary of London-listed Diageo PLC, has announced a new family leave policy, which provides 26 weeks of maternity and four weeks of paternity leave for all its employees at full pay. According to the company, it did this in the spirit of National Women's Month.  read more
Nestlé and Starbucks tie-up heads to China

Nestlé and Starbucks tie-up heads to China

08/08/2019 - 09:31
Nestlé plans to introduce its first range of Starbucks-branded products in China, as part of a global tie-up that will help bolster the Swiss company’s proprietary Nespresso capsules in one of its fastest-growing markets. read more
Iconic store Barney's files for bankruptcy on rising rents

Iconic store Barney's files for bankruptcy on rising rents

07/08/2019 - 15:45
Barneys New York filed for bankruptcy protection from creditors and laid out plans to shutter most of its stores after getting squeezed by rising rents and fewer visitors to its luxury fashion boutiques. read more
New friends and old favourites at the 36th Nedbank Cape Winemakers Guild Auction

New friends and old favourites at the 36th Nedbank Cape Winemakers Guild Auction

07/08/2019 - 15:02
Lovingly-made Cape blends, new categories, first-of-their-kind wines, and rare varietals will be coveted by buyers from far and wide at the annual Nedbank Cape Winemakers Guild Auction this October.  read more
Angola and Zimbabwe operations sap Distell earnings

Angola and Zimbabwe operations sap Distell earnings

07/08/2019 - 13:07
Beverages company Distell, whose brands include Nederburg wines and Three Ships Whisky, says earnings fell in the year to end-June as it took a hit on operations in Angola and Zimbabwe. read more
Boost for SA's economy as China lifts its beef ban

Boost for SA's economy as China lifts its beef ban

07/08/2019 - 09:10
Within one month of the meeting between President Cyril Ramaphosa and President Xi Jinping at the G20, China has announced that it is lifting the ban on South African beef exports to China. This will be a major boost to South Africa’s economy given that China is the largest consuming market for South African beef and related products. read more
SA's economic growth prospects keep diving

SA's economic growth prospects keep diving

07/08/2019 - 08:39
SA’s economic growth prospects keep going from bad to worse. read more
Steinhoff considers IPO of Pepkor Europe

Steinhoff considers IPO of Pepkor Europe

07/08/2019 - 08:23
Steinhoff International Holdings is considering an initial public offering of Pepkor Europe, its fastest-growing unit, as the scandal-hit retailer seeks funds for the next phase of its recovery plan, people familiar with the matter said. read more