Ackermans announces SA’s trendiest kids. Truworths commits to transformation of its board. Packaging trends: blockchain, AR and smart sensors.

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The powerful consumer trends shaping retail customer experiences

Rising inflation. Record petrol prices. A VAT increase. A technical recession. South African consumers are feeling the pinch as a confluence of forces put immense pressure on their wallets. For retailers, the picture looks equally bleak: according to recent StatsSA figures, year-on-year retail sales growth for the first four months of 2018 averaged 3.1%, well below the 5.5% reported between September and December 2017. The constrained environment is providing retailers with renewed incentive to build greater engagement with customers in order to ensure they don't lose out on share of wallet to competitors.

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LATEST REPORTS
     


Red Bull® launches refreshing Red Bull The Summer Edition Coconut & Berry flavour

Red Bull The Summer Edition Coconut & Berry has launched in SA for a limited time only.


 RETAILER  ECONOMIC
TFG takes on Amazon with myTFGworld.com

TFG has amplified its online shopping presence with the launch of myTFGworld.com. By repositioning its e-commerce platform as a marketplace, TFG eCommerce is no longer competing with the single retail brand sites of their competitors but is taking on global marketplaces such as Amazon.com.
SA recorded a surprise trade deficit in September

SA recorded a shock trade deficit of R2.95bn in September — a far cry from analysts expectations of a surplus. This follows August’s revised surplus of R8.77bn from R9.79bn.


Ackermans fashion design competition announces SA’s trendiest kids

Tshepo “Young King” Tau,15 from Boksburg and Busisiwe “Busi” Maphalala,13 from Pretoria West have been announced as the winners of the 2018 Ackermans Style Squad Young Fashion Designer competition.
Sanitary pads, white bread flour to be added to VAT free items

FINANCE Minister Tito Mboweni says government proposes that come April 2019, three items, including sanitary pads, will be added to the zero-rated list.
Mr Price CEO to retire

Mr Price CEO Stuart Bird will be succeeded by CFO Mark Blair on January 1, the retailer announced. Bird was promoted from MD of Mr Price’s apparel division to succeed Alastair McArthur as the group’s CEO in 2010.
Sweet surprise for Treasury as sugar tax puts more than expected in the pot

The Treasury has generated more money than it anticipated from its new tax on sugary drinks, despite moves by some manufacturers to reformulate products to reduce their sugar content.
Truworths commits to transformation of its board

Clothing retailer Truworths, which has been targeted by activist shareholders because of the dominance of long-standing white males on its board and executive management team, says it is fully committed to transformation and is on track to reach its board-level BEE targets within 18 months.
Land reform uncertainty stalls investment in agricultural industry

Continuing uncertainties over the government’s expropriation without compensation land reform programme has stalled investments in the agricultural industry with farmers holding back on buying machinery in the past few months.
READ MORE RETAILER NEWS READ MORE ECONOMIC NEWS
 MARKETING & BUSINESS  INTERNATIONAL
9 Black Friday and Cyber Monday tips to help boost sales

Black Friday and Cyber Monday are famous for huge deals and steep discounts. That’s why participating in these days can seem like a big retailer’s game.
US online grocery sales to quadruple by 2023 – report

Online grocery sales in the US have more than tripled between 2013 and 2018 and are set to quadruple between 2018 and 2023, according to a report by research agency Packaged Facts.


How to clear top 5 hurdles in deploying autonomous retail checkout

Dramatic changes in retail can be seen through the lens of large and small technology companies. Retailers are facing an urgent need to improve shopping experiences and no retail technology is more exciting than autonomous checkout.
H&M adopts paper bags amid war on plastic

H&M is the latest major retailer to join the war on plastic by announcing plans to ditch plastic bags altogether and make paper bags the norm. The UK arm of the global fashion retailer will roll out the changes from October 29 and all stores will only have paper bags by the start of December.
7 Tips for providing exceptional shopper support in-store

Customer service is one of the biggest drivers of sales and loyalty in retail, yet plenty of merchants continue to underestimate just how powerful it can be. Head to the mall and you’ll see that many companies still fall short when it comes to serving and delighting consumers. Don’t let your business be one of them. Strive to provide superb customer support and make sure that you and everyone else in your team are willing to go above and beyond for shoppers.
Burberry to launch product drops on Instagram

Burberry has revealed plans to launch limited monthly product drops over Instagram as it ramps up its fashion releases. It’s the latest in a string of changes from the historic British fashion retailer under new chief creative officer Riccardo Tisci, who arrived in March. In a bid to attract younger consumers, Tisci will be launching limited product drops in a similar move to the flash releases of streetwear brands such as Supreme and Palace Skateboards.
What Nestlé’s attempt to trademark the shape of a KitKat teaches us about design

For many people there is something irresistible about chocolate. But in the hungry rush to make it part of our bodies there is a missed opportunity to meditate on the different gestural experiences chocolate affords.
Amazon launches Prime Wardrobe ‘try before you buy’ service in the UK

Amazon is stepping up its push into the UK clothing market with the launch of Prime Wardrobe, a ‘try before you buy’ fashion service. The service allows its Prime members to have up to eight clothing items delivered free of charge, try them on at home and pay for those they decide to keep.
READ MORE MARKETING & BUSINESS NEWS READ MORE INTERNATIONAL NEWS


aQuellé travels SA to triple the joy

aQuellé recently concluded their “Triple the Joy” campaign, which saw the brand travel over 4800 kilometres across South Africa and distribute bottles of aQuelle and gifts to children and adults in various communities.
Tant' Sannie se Melktert launches annual recipe challenge

Tant’ Sannie se Melktert, tradisionele poeding in a glass is a proudly South African shooter that is made following Tant’ Sannie’s traditional milk tart recipe. It is best enjoyed as a shooter garnished with cinnamon sprinkles or over ice. Lip Lek Lekker Tant’ Sannie se Melktert is available for purchase at leading liquor stores nationwide.


Uninterrupted production for high-pressure coding environments

The first extensive development of inkjet printing technology began in the early 1950s and is now one of the oldest printing technologies still in use. It is ideal for an array of uses in many industries and capable of marking most substrates. In high-pressure production environments its versatility, printing tolerances, reliability and cost-effectiveness are what manufacturers most appreciate.
Packaging trends: blockchain, AR and smart sensors

While South Africa may be slightly behind the curve, blockchain for packaging, AR and smart sensors are setting trends abroad. However, while they’re creating much interest, these technologies are still developing. It may take time for consumers to understand the value of this on-pack communication approach – and readily accept it. Until then, it is worth keeping an eye on these smart packaging developments.


Black Garlic Chicken Stir-Fry

Black garlic gives this classic stir-fry an umami update.
Peppermint Crisp Ice-Cream Tart

A South African classic gets a summer makeover.


Shoprite helps unemployed youth find purpose in gardening

A small but keen group of formerly jobless young people is gardening up a storm in Mpumalanga.




CGCSA Summit

The CGCSA Summit programme offers a unique opportunity to network with the CEOs and top leaders from some of South Africa’s most successful retailers and manufacturers and get inspired by an exceptional line up of speakers and industry experts.

14 November 2018
Johannesburg
The Big 5 International Building and Construction Show

On the exhibition floor, you can learn about new trends, find the latest local and international products and quiz their manufacturers and distributors about how they might help your next project.

26 November 2018 - 29 November 2018
Dubai


NRF 2019: Retail’s Big Show

NRF 2019: Retail’s Big Show is a marketplace for ideas and relationships. A chance to forge new partnerships, try out best-in-class experiences, and learn from some of the biggest players transforming retail today.

13 January 2019 - 15 January 2019
New York
Digital Retail Forum 2019

DRF2019 will focus on how emerging technologies such as Ai, IoT, drones, digital payment solutions, new eCommerce models and mobility are disrupting the retail sector. This event will also delve into how to survive by harnessing new technology to improve both Customer Experience and Operational Efficiency.

30 January 2019
Johannesburg


GulFood - Food and Beverage Trade Show

The world's largest annual food & beverages trade show.

17 February 2019 - 21 February 2019
Dubai
 


Nicolene Di Bartolo

Nicolene Di Bartolo develops and delivers strategic recruitment solutions that are innovative, robust and effective. Our executive search and management appointment services are trusted by leading employers, both locally and internationally.


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FASTMOVING is a Silo company that provides a business-to-business online service, showcasing the latest trends in retail and consumer brands in South Africa and Africa. We reach both local and international Retail Buyers, Store Managers, Liquor Outlets, Manufacturers, Distributors, and Brand and Marketing Managers with news and information about Products and Services available to the South African Retail Industry.

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Editorial and Advertising
Editor : Jessi Wesson
Tel: +27 (0)87 350 8057 | Email: editor@fastmoving.co.za

       


Silo is South Africa's leading source of rich brand content and retail promotional intelligence. Silo provides a digital asset management solution to brands, retailers and brand content users.