Pick n Pay introduces 20 000 free reusable bags daily. Retailers feel the heat as e-commerce siphons off sales. Physical stores are not dead.

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How retailers can add value for consumers in turbulent economic times

For the most part, it has been a dismal year for South African retailers; elevated household debt, higher fuel prices and an increase in value-added tax squeezed consumer spending. However, Ackermans, South Africa’s longest standing value retailer, performed well over 2018 reporting growth of just over 10% which is three times more than the industry benchmark. “2018 was a tough year for retailers, and the outlook for 2019 remains challenging. We face an environment where new entrants continue to disrupt the market. This, combined with sluggish GDP growth and a financially over-extended consumer, means that retailers remain under pressure,” says Charl Cronje, Managing Director of Ackermans.

In these turbulent economic times, consumers will be looking to retailers for better value, quality, and convenience. Cronje discusses how retailers can add value in 2019.

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NICOLENE DI BARTOLO
Globally diverse and multicultural, the Nicolene Di Bartolo Executive Search team successfully sources and secures executives, senior management and top calibre specialists for clients in South Africa, sub-Saharan Africa and abroad.


Blistex launches new Conditioning Lip Serum innovation in SA

Blistex, America’s leading lip care range, has launched an ultra-conditioning Lip Serum innovation, bringing you closer to your best lips one drop at a time.
Acdoco introduces new Dr. Beckmann’s Odourless, Active Gel Oven Cleaner

Introducing Dr. Beckmann’s Odourless, Active Gel Oven Cleaner, a new product that makes oven cleaning a whole lot easier and fume free! It has no offensive smell and is safe to use. The active gel clings to vertical surfaces such as oven walls and doors to cut through tough baked-on food, grease and grime to leave your oven sparkling clean.


 RETAILER  ECONOMIC
Retailers feel the heat as e-commerce siphons off sales

The start of 2019 has been bleak for most SA retailers, raising questions about the future of the sector. It is uncertain whether there will be an improvement later in the year or whether this is the beginning of a permanent shift in consumer behaviour that the sector could be ignoring at its peril.
No more load-shedding - Eskom's plan

Gordhan said Eskom’s goal is to ensure there will be no load-shedding from 3rd April 2019 – but admitted there is a lot of hard work ahead for the company.


H&M confirms commitment to SA economy with new store openings, several local partnerships

Despite a subdued outlook for the South African retail sector in 2019, global fashion retailer H&M has firmly underlined its ongoing commitment to the local retail market with the announcement of two store openings scheduled in upcoming weeks, this along with several local partnerships placing strong emphasis on the brand’s ongoing sustainability work.
Exports to Brazil take off over South American trade deal

The ratification of trade agreements between the Southern African Customs Union (Sacu) and the Southern Common Market (Mercosur), a South American trade bloc, has been a key driver of the increase in exports to Brazil. SA exports to Brazil for the year 2018 shot up to $183m from $43m in 2016-2017 as the government’s drive to boost export performance gathers steam.
Physical stores are not dead, but boring retail is

Retail is not dead, and physical stores are not dead, but "boring retail" is dead, according to Linah Maigurira, Google's head of retail business in South Africa.
SA makes its mark in fisheries economy

South Africa is no longer a spectator country in the business of the ocean and fisheries economy, says Minister of Agriculture Forestry and Fisheries Senzeni Zokwana.
Veldskoene are hitting US as SA brands go global

Veldskoene are going global after US billionaire and investor Mark Cuban and actor Ashton Kutcher invested in local company Veldskoen Shoes.
2019 Wine grape harvest may be smaller

With close to two-thirds of this season’s wine grape harvest already in cellars, the most recent estimate indicates that the harvest may be somewhat smaller than the previous year.
READ MORE RETAILER NEWS READ MORE ECONOMIC NEWS
 MARKETING & BUSINESS  INTERNATIONAL
SA consumers embrace digital shopping

Smartphones have become the go-to technology for online shopping, with more than 20percent of South African consumers using them weekly over other mobile devices.
British supermarkets to install ‘pick your own’ vegetable aisles

The end of the bagged salad could be nigh, as British supermarkets look to install ‘pick your own’ vegetable aisles by the end of this year.


Why pop-up stores are an easy sell

Pop-up stores are a smart way for mall owners to fill empty retail space on a temporary basis, and for businesses to punt their product without the overheads of the full store experience.
Lower retail sales reflect slowing US economy

US retail sales unexpectedly fell in February, the latest sign that economic growth has shifted into low gear as stimulus from $1.5-trillion in tax cuts and increased government spending fades.
Dove partners with Getty Images and Girlgaze to launch Project #ShowUs

Dove has taken action with Getty Images, Girlgaze and women around the world to create Project #ShowUs – the world’s largest stock photo library created by women and non-binary individuals to shatter beauty stereotypes by showing women as they are, not as others believe they should be.
UK online supermarket pioneer Ocado partners with Australia's Coles

British online supermarket pioneer Ocado has signed a partnership agreement with Australia’s Coles, its fifth major overseas deal in less than 18 months as food retailers around the globe respond to online competition.
Brand consistency aids in brand security

Several factors cause serious reputational damage to brands these days, ranging from social media to fake news and cyber attacks. It’s therefore imperative that companies have measures in place to minimise the possibility of reputational damage. Brand consistency is one of those measures.
Superdry slumps as founder's return sparks board revolt

Shares in Superdry fell more than 11% after founder Julian Dunkerton narrowly forced his way back into the company, which sparked the exit of most of its board members, including top executives.
READ MORE MARKETING & BUSINESS NEWS READ MORE INTERNATIONAL NEWS


Smart Media expands sales opportunities for brands with new Basket Liners offering

In its ongoing pursuit to provide South African brands with innovative ways to reach customers through in-store media, Smart Media has introduced its Basket Liners offering. Positioned at the bottom of shopping baskets at retail outlets, these liners provide another way to drive engagement with consumers.
At aQuellé, joy has a new look

Water, as a natural element, is not fixed, but naturally flows and changes, while retaining its essential properties. For the past 20 years, aQuellé has been spreading joy and now, just like water refreshes and revitalises, the logo and packaging has been given a refreshing new look while retaining its essence of Real Joy.
Royal Baking Powder restores the art of baking from scratch #BakeItRoyal

Royal Baking Powder is restoring the art of baking from scratch – from sweet treats to savoury dishes, this is an occasion that has been creating fond memories for families, for many years.


Convey it, pack it, code it, mark it, track it, scan it, verify and authenticate it with TracePack

With more than 30+ years of experience within the packaging, labelling, marking and coding industry, TracePack is the authority in the FMCG, health and pharmaceutical, industrial, construction materials and chemicals industries. TracePack offers complete, cost-effective and customised turnkey solutions using a wide selection of quality equipment with the latest technology.
An introduction to BlackBox - The long-term, full-service warehousing solution

With over 20 years' experience in supply chain management, BlackBox Warehousing offers secure, cost-effective and convenient warehousing and supply chain solutions. BlackBox is also a 51% Black Owned Business, which means their clients' own BBBEE status is enhanced by using their services. Robbie Ferns, Sales and Marketing Manager for BlackBox tells us more about BlackBox's bulk warehousing solutions.
Agile: beyond the buzz word for Pyrotec

Pyrotec’s personnel, agility is a philosophy that’s intricately woven into every aspect of the company’s activities. ‘Our approach is to focus on continuously innovating to meet customers’ needs while maintaining high-quality standards and controlling costs,’ explains Pyrotec’s MD, Rowan Beattie. ‘With the speed at which markets change, companies that cannot adapt quickly are left behind. Because we continue innovating and setting industry benchmarks, our customers benefit by also being able to rapidly respond to changes in their own competitive environments,’ Rowan adds.


Hot Cross Bun Burger

Who says Easter should be all about the eggs? Here’s how to stack on more flavour using the holiday’s go-to treat. (Makes 2 burgers)
Blonde Cheesecake Truffles

Delicious vanilla bean and white chocolate cream cheese truffles rolled in toasted coconut and served with a fresh strawberry couli.


Pick n Pay to shift plastic bag usage with 20 000 free reusable bags in-stores, every day

Over the next two weeks, Pick n Pay will give 20 000 customers a free reusable bag every day in stores across the country.
Shoprite makes donating to drought relief efforts that much easier

The Shoprite Group is working with Gift of the Givers to make it as easy as possible for South Africans to support the organisation’s relief efforts in the drought-stricken Eastern Cape.




Township Shopper Marketing Summit

The tenth annual briefing: Insights about the hidden tenant markets, it’s a big opportunity, we announce the Kasi Star Brand Awards and why they won; the rise of Kasi traditional foods; we interview the Director of SA Chefs Association; how peoples’ lifestyles and cultures influence their spending priorities; how brands can enhance black business women; a group of young people are interviewed about the impact of international trends and brands; we look at Black Twitter, WhatsApp, the power of music with fascinating case studies. AND it’s now time to check the topics and speakers, you’ll want to know what they know.

10-11 May 2019
Johannesburg
CEM Africa Summit

CEM Africa is a meeting place for CX professionals and innovative CX solution providers. Where like-minded customer experience experts and the top CX solution providers gather for an informative and educational summit with the common goal of improving customer experience across Africa.

31 July 2019 - 01 August 2019
Cape Town


eCommerce East Africa Edition

Following 4 years of success in Cape Town, Kinetic is excited to present the East African Edition of Africa’s largest eCommerce event.

12-13 June 2019
Kenya
International Sourcing Fair

The International Sourcing Fair is the only exhibition for sourcing and purchasing retail and commercial products exclusively focusing on the Home, Office, Gift and Hospitality sectors.

7-9 August 2019
Johannesburg


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

       


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