eCommerce giants descend on Cape Town. How SA’s retailers can boost sales with an omnichannel approach. In-store digital experience to change local retail.

Having trouble viewing this newsletter on your email? Click here to read it on our website.
How mall owners can beat the retail blues

A decade ago, just about any developer or listed property fund that owned a mall or built a new one, no matter how big or small, was virtually assured of making a packet. Back then, retail was still the most sought-after investment subsector of the SA real estate market and shopping centres comfortably outperformed offices, warehouses and factories on the total return front.

But times have changed. These days most SA mall owners are grappling with how to convince cash-strapped consumers to continue to visit their centres — and spend more when they do — as declining sales and a rising number of empty stores start to erode profits.

Click here to continue reading

MITAS CORPORATION
MITAS Corporation consists of various direct fully-owned divisions and some partial or major shareholding businesses.


Rhodes Food Group adds new products to Squish Baby Foods range

The exciting new additions of fruit and veg puree pouches with full cream yoghurt, as well as a range of ready-to-eat fruit jellies, will complement and expand the current offering.


 RETAILER  ECONOMIC
3 Reasons why every retailer should consider Click & Collect

If you want to engage customers and drive foot traffic in your store, then an ecommerce presence is essential. It might sound counter-intuitive, but in this modern shopping environment, online and in-store work together, not against each other, to attract and retain customers. These days people are shopping online more than ever, so not having a digital storefront means you’re missing out on a lot of potential customers.
More pain for consumers as food prices, farmers to be affected by electricity hike

Consumers are likely to be hit hard by rising food costs after Eskom was granted above-inflation price increases by the energy regulator for the next three years, according to FNB. Head of information and marketing for FNB Agribusiness Dawie Maree said the electricity price hikes of 9.41%, 8.1% and 5.2% over the next three financial years, will push up the cost of production as electricity is one of the highest input costs for irrigation farmers.


Former Clicks boss David Kneale joins Woolworths

Former Clicks CEO David Kneale, who helped the retail group break into the JSE’s top 40 index in 2018, has joined the Woolworths board. Kneale, who stepped down as CEO of Clicks at the end of 2018 after 13 years at the helm, has been appointed an independent nonexecutive director of Woolworths, effective on Monday, the struggling food and clothing retailer said.
Food security low on the national agenda

According to the latest available research, 54% of South African households still experience hunger or the risk of hunger. This means that the people living in more than half of South African households do not have enough to eat or are not sure where their next meal is coming from.
Edcon CEO says focus is now on fixing the business

The R2.7bn deal that clothing retailer Edcon reached with its banks, landlords and the Public Investment Corporation (PIC) will free it up to push through with its survival plan, says CEO Grant Pattison.
SA will have to produce 50% more food by 2050 or face crisis

South Africa faces an impending food security crisis if there isn't urgent action to correct unsustainable practices, says an environmental organisation.
Retail barometer sheds light on festive season trade and new age of consumer culture

Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.
Retail sales contract by 1.4%

Retail sales for December 2018 contracted by 1.4% year on year, from a downwardly revised 2.9% year on year in November (previously 3.1%). This outcome negatively surprised relative our expectation of a mild uptick and the outcome marked the first contraction in retail sales since February 2017.
READ MORE RETAILER NEWS READ MORE ECONOMIC NEWS
 MARKETING & BUSINESS  INTERNATIONAL
SA brands shine at the MMA’s annual Global Business Impact Index announcement

Unilever, KFC, Mindshare, MediaShop, Gorilla and Digitas Liquorice had an outstanding showing at the Mobile Marketing Association’s (MMA) annual Business Impact Index (BII) announcement in New York last week. These SA brands and agencies performed well in relation to their international counterparts in the Africa, EMEA (Europe, the Middle East and Africa) and global categories, bagging first and second place in many instances.
US retail sales post largest decrease since 2009

US retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. The economy’s outlook was further dimmed by other data showing an unexpected increase in the number of Americans filing claims for unemployment benefits last week. That pushed the four-week moving average of claims to a one-year high, an indication that job growth was moderating.


Analytics – giving retailers the edge and boosting sales

With the buzz from Black Friday and the festive season now in the rear-view mirror, retailers are looking ahead to ensure the continuation of ‘traffic’ into malls, high streets, pop-up stores, websites, apps and other channels. Today’s retailer is anywhere, anytime, and they’re providing greater levels of personalisation with their services.
The retail apocalypse will claim 4,300 stores this year - Here's why mall giants aren't freaking out

More than 4,300 department stores are set to close this year as the retail apocalypse rips through Payless ShoeSource, Gymboree, JCPenney, Gap, Victoria's Secret, and Sears. But one Wall Street analyst says mall giants should easily weather these closures.
How SA’s retailers can boost sales with an omnichannel approach

It is no secret that local retailers are having a torrid time. The economy remains in the doldrums with investors and consumers spooked by debilitating load shedding, ongoing job cuts and a volatile political environment. Consumers naturally cut back on spending in uncertain times, and retailers are undoubtedly feeling the heat.
Lindt expects 5-7 percent growth this year

Swiss chocolate maker Lindt & Spruengli said it expected organic sales to grow 5-7 percent this year, in line with mid-term targets, as it works to improve the performance in its North American unit. Chocolate makers are grappling with saturated European and US markets and a trend towards healthier snacking, but Lindt is growing faster than peers as it taps new markets in Asia and Africa and expands its own retail network.
Connect, communicate and reward – loyalty should earn more than points

An effective loyalty programme will positively influence the relationship between a service provider and the customer through rewards and incentives – but the days of offering points as the frontline reward are long gone, says LoyaltyPlus.
Morrisons books 3rd straight year of profit & sales growth

Morrisons has recorded another year of growth in sales and profit as chief executive David Potts boasted that the Big 4 grocer’s turnaround scheme was “well on track”.
READ MORE MARKETING & BUSINESS NEWS READ MORE INTERNATIONAL NEWS


eCommerce giants descend on Cape Town

Global commercial giants descend on Cape Town for the continent’s largest ecommerce gathering.
In-store digital experience to change local retail

With the South African e-commerce market expected to top $4.7 billion by 2023 (up from $2.5 billion in 2017), many would be forgiven to think that traditional retail is dwindling. However, there remains significant opportunities for merchants to drive in-store shopping for a more integrated consumer experience.
Jordan makes brushing teeth fun for kids

There is one battle that moms don’t have to fight – digital device interaction. Jordan recognised that kids love to watch themselves in videos and play with technology and thus developed the Jordan Brush Time App to make brush time fun, interactive and beneficial.


An introduction to Nexus Fulfilment - The Third Party Logistics (3PL) specialist

With over 10 years’ experience in the fulfilment service industry, Nexus Fulfilment is a Third Party Logistics (3PL) specialist trusted for their expertise in the South African landscape. We chat to Robbie Ferns, Sales and Marketing Manager at Nexus about their 3PL services and solutions in the industry.
Disruptive technology for constructive change

The word ‘disruption’ is a noun, used to describe a disturbance or problem that interrupts an event. So, when we talk about disruptive innovation or disruptive technology, these phrases may evoke thoughts of chaos. However, when done right, disruptive technology can break the confines of old-school thinking.
Farm-to-fork: Food supply chain safety and traceability with Mitas

In the wake of increasing high-profile national product recalls due to contamination, there has been a rise in the demand for greater transparency and precision in food supply chains and distribution systems. Farmers and food processors are turning to technology solutions in order to achieve this traceability and visibility and enhance product genealogy capabilities. We chat to André Jordaan and Gary Chilton at Mitas Corporation about farm-to-fork traceability, navigating product recalls and track-and-trace trends in the industry.


Prawn and Almond Satay

A delicious alternative to usual peanut butter, with a more subtle flavour.
Banana and Coffee Ice Cream

You’ll go bananas for this delicious, easy and affordable dessert recipe. Go on, satisfy your coffee craving while relishing the classic combination of banana and ice cream. Try it today! Serves 6 Preparation: 5 min. Cooking: 2 hrs to freeze bananas.


Access to Shoprite market allows entrepreneur to thrive

Sammy Mhaule got his first taste of entrepreneurship as a 14-year-old when he sold ice cream on the streets of Tembisa. Today he supplies sparkling juice to Checkers Hyper in Gauteng and Checkers in the Free State, but the journey from ice cream peddler to business owner hasn't always been smooth sailing.
Woolworths raises R2 Million with One Small Spoon Christmas campaign

Christmas is a distant memory already, but thanks to Woolies and their customers, meals will be given to those who need it most throughout 2019.




Women in Tech Africa

Join 300+ tech leaders and professionals at Africa’s vibrant centrepiece for women in tech - hear from the best speakers in the industry, enhance your entire skills portfolio and celebrate gender diversity in the world's fastest growing industry.

18-19 March 2019
Cape Town
eCommerce Africa 2019

Join the movement and play your part in what has quickly evolved into the premier business platform for networking, collaboration and an unrivalled content sharing experience that is reflective of Africa's fast developing eCommerce ecosystem!

19-20 March 2019
CTICC, Cape Town


Customer360 Africa 2019

The only all-inclusive event focused on the entire CX journey.

16-18 April 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


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
 


Sales Director (EXCO)

Come and lead the SA Sales organization of this global FMCG Food & Beverage conglomerate.
Manufacturing Executive

As a member of EXCO, you will report to the GM (South Africa) and Head of Manufacturing (Europe) and lead all aspects of manufacturing across multiple factories/sites in South Africa.
Investment Executive

Key to this role is your understanding of the investment strategy of big food companies which will include:- * Scoping investment mandates and sourcing deal flow * Due Diligence for Board consideration * Management of new investment stakeholder relationships * Creating networks to add value.
Quality Assurance Manager

Reporting to the CEO, you will be required to manage all aspects of Quality Assurance from raw material to processed products, all laboratory testing and findings, statistical analysis, assessment and updating of quality systems, procedures as well as methods and processes for compliance with quality specifications and customer requirements. Prepare, monitor and control the departmental budget to incorporate into the annual operating plan (AOP).
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.


Having trouble viewing this newsletter on your email? Click here to read it on our website.


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.

Our media offering
Company press offices - Weekly FMCG newsletter - Monthly liquor newsletter - Press Releases - Banner advertising - Social media integration



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.