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Amazon drops plans to build New York City headquarters

Amazon drops plans to build New York City headquarters

16/02/2019 - 21:43
US e-commerce giant Amazon said it would not build a new headquarters in New York City due to opposition from "some state and local politicians," though most New Yorkers support its plan.  read more
Consumer spending rises in December 2018

Consumer spending rises in December 2018

16/02/2019 - 20:48
Consumer spend over the traditional holiday period in December reflected a year-on-year increase, according to BankservAfrica’s data which measured the value and volume of sales in December. read more
US retail sales post largest decrease since 2009

US retail sales post largest decrease since 2009

16/02/2019 - 20:38
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. read more
Is Woolworths unravelling in Australia?

Is Woolworths unravelling in Australia?

15/02/2019 - 16:35
The sudden departure of two Australia-based nonexecutive directors of Woolworths has fuelled speculation that the troubled retailer will be forced to announce another huge write-down related to the R21bn acquisition of the David Jones department store. read more
Latest retail sales figures show disappointing trend

Latest retail sales figures show disappointing trend

15/02/2019 - 10:01
Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.  read more
Woolworths denies that it copied Superlatte products

Woolworths denies that it copied Superlatte products

14/02/2019 - 12:10
Woolworths has categorically denied allegations by Michelle Legge, who founded beverage company Superlatte in 2016, that the retailer has copied her product. read more
New market store opens through the Pick n Pay market store

New market store opens through the Pick n Pay market store

14/02/2019 - 11:51
The community of Thokoza welcomed the opening of Matlala Market and it will now offer customers greater variety, a fresh offering and money services under one roof and on their doorstep.  read more
Strike adds to Dis-Chem’s Christmas woes

Strike adds to Dis-Chem’s Christmas woes

14/02/2019 - 10:33
Dis-Chem’s Christmas sales have been hurt by a strike, the pharmacy chain warned in a trading update. read more
Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

14/02/2019 - 10:07
According to the latest Mastercard Love Index, South Africans are willing to dig deeper into their pockets to spoil the ones they love on Valentine’s Day, splashing out on experiences like dining out and travel rather than on traditional gifts.  read more
Booze, drugs and DIY boost Spar in difficult economy

Booze, drugs and DIY boost Spar in difficult economy

13/02/2019 - 15:40
Robust liquor sales and the inclusion of the pharmaceutical distribution business it bought in 2018 year boosted grocery retailer Spar Group in the weeks leading up to Christmas. read more
How to save a sale with efficient warehouse operation

How to save a sale with efficient warehouse operation

13/02/2019 - 15:11
One of the biggest frustrations instore shoppers face is not being able to find products they’re looking for - whether they are sold out, hard to find or simply not practical to keep in stock. And customers hardly ever ask about them if they’re not. While these missed opportunities may seem inconsequential, they are starting to add up in this competitive retail environment where every sale counts.  read more
Co-op to roll-out franchise model

Co-op to roll-out franchise model

13/02/2019 - 14:40
The Co-op has confirmed that it is looking to develop a network of franchise stores following successful trials of the model. read more
Pick n Pay trials a R5 reusable bag – made from green plastic bottles

Pick n Pay trials a R5 reusable bag – made from green plastic bottles

13/02/2019 - 13:38
Pick n Pay is trialling the lowest priced reusable bag yet in South Africa, as an affordable reusable alternative to plastic carrier bags. read more
SA retailer selling gin packs to give your G&T a distinctive twist

SA retailer selling gin packs to give your G&T a distinctive twist

12/02/2019 - 21:45
Retailers have taken note of the huge gin trend - for example, in 2011, Pick n Pay stocked around 20 gins and now have over 100 different varieties - with over 25% of those being locally produced. read more
Toys R Us makes a comeback as Tru Kids Brands

Toys R Us makes a comeback as Tru Kids Brands

12/02/2019 - 19:17
Toys R Us is making a comeback as a brand new company known as Tru Kids Brands, one year after the toy retailer went bust.  read more
Struggling Woolworths shares fall after two more directors leave

Struggling Woolworths shares fall after two more directors leave

12/02/2019 - 11:20
Struggling retailer Woolworths saw its share price decline to the lowest level since 2012 after saying two nonexecutive board members with extensive business experience in Australia resigned with immediate effect on Monday. read more
Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

11/02/2019 - 15:10
Woolworths will not be keeping the profits it made from the sale of baby carriers similar to those of a Cape Town-based small business, Ubuntu Baba. read more
Valentine’s Day sorted in just five easy steps with Checkers

Valentine’s Day sorted in just five easy steps with Checkers

11/02/2019 - 10:09
Valentine’s Day is all about spoiling your loved one(s), but let’s be honest, between the stress of finding the perfect gift and remembering to make a restaurant reservation, it seldom goes according to plan.So this year, why not stress less and let Checkers play cupid? You’re guaranteed an unforgettable Valentine’s Day for all the right reasons. read more
Click & collect market in the UK to grow nearly 50% over the next five years

Click & collect market in the UK to grow nearly 50% over the next five years

11/02/2019 - 09:50
The UK click & collect market is set to grow 45.8% over the next five years to reach £9.8bn by 2023, but growth will slow as the fulfillment method matures and services offered by retailers are optimised, according to data and analytics company GlobalData. read more
Hermes optimistic about Chinese sales

Hermes optimistic about Chinese sales

09/02/2019 - 21:32
French luxury handbag label Hermes said that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry's biggest markets. read more
Value created for Clicks Group employees through share programme

Value created for Clicks Group employees through share programme

08/02/2019 - 14:17
Over 7 800 of Clicks Group employees will share in a R1.5bn payment that has been created through the group's employee share ownership scheme (ESOP). read more
Amazon grocery service slowly returns in India after e-commerce disruption

Amazon grocery service slowly returns in India after e-commerce disruption

08/02/2019 - 09:54
Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1. read more
Valentine’s Day retail ideas: 10 Tactics to win over your customers’ hearts

Valentine’s Day retail ideas: 10 Tactics to win over your customers’ hearts

07/02/2019 - 13:53
Happy (almost) Valentine’s Day, retailers! Since the day of hearts is upon us, we thought it’s high time to remind merchants about the things they can do to spread the love. You don’t have to be in the flowers or gifts industry to show your V-Day spirit. read more
Woolworths loses third David Jones CEO

Woolworths loses third David Jones CEO

07/02/2019 - 13:20
The CEO of Woolworths’s Australian department store chain David Jones has resigned after less than two years in the job, and the JSE-listed retailer is now headhunting its fourth CEO for its Australian chain since it acquired it in 2014. read more
SA women applaud Ackermans' #IAmMe Valentine's lingerie campaign

SA women applaud Ackermans' #IAmMe Valentine's lingerie campaign

07/02/2019 - 09:45
Ackermans' latest star-studded lingerie campaign inspires women to celebrate their true selves. read more
Shareholders cheer Pandora’s plan to add some sparkle

Shareholders cheer Pandora’s plan to add some sparkle

06/02/2019 - 13:32
Investors have welcomed a new strategy from jewellery maker Pandora, which is struggling to regain its competitive edge in a weak retail market, sending its shares up more than 10%. read more
Amazon Pantry slowly returns in India after e-commerce disruption

Amazon Pantry slowly returns in India after e-commerce disruption

06/02/2019 - 11:15
Amazon.com’s grocery service is slowly returning on its India website after the online retail company faced disruption from revised e-commerce curbs which kicked in on February 1. read more
6 Ways to win with CX

6 Ways to win with CX

06/02/2019 - 10:35
As each new app or tech gadget appears on the horizon, keeping the Customer Experience (CX) fresh and relevant becomes more complex. But making and retaining customers in 2019 is not just about keeping up with the sophisticated robotics of the 21st Century. Yes, branding and selling is knowing what and how technology can assist in the CX experience but it’s also ensuring there’s a human and emotional connection with the consumer every step of the way. read more
Edcon makes headway in securing R3bn in funds to keep it going

Edcon makes headway in securing R3bn in funds to keep it going

05/02/2019 - 14:25
Edcon Holdings is making progress toward securing R3bn in funding to keep the South African clothing retailer afloat, with the Public Investment Corporation part of the ongoing talks. read more
Put a pork in it... Woolworths ordered to change meat label

Put a pork in it... Woolworths ordered to change meat label

05/02/2019 - 11:20
The Advertising Regulatory Board (ARB) has instructed Woolworths to change the labelling on some of its pork product packaging. read more
Toymaker Lego aims at rapid expansion in China

Toymaker Lego aims at rapid expansion in China

04/02/2019 - 10:48
Danish toymaker Lego plans to more than double the number of shops in China in 2019 to 140 in its most rapid expansion in any market as demand for its colourful plastic bricks remains unaffected by a broader slowdown in the economy.  read more
Local Pick n Pay stores come to the aid of abandoned flamingo chicks

Local Pick n Pay stores come to the aid of abandoned flamingo chicks

04/02/2019 - 09:42
Local Pick n Pay stores have answered the call to aid in the rescue operations to save the thousands of flamingo chicks from the Kamfers Dam just outside Kimberley.  read more
Why retail will never be the same as tech-savvy customers change the game

Why retail will never be the same as tech-savvy customers change the game

01/02/2019 - 09:02
Traditional brick and mortar stores still have a future despite the boom in online retail, says Andrew Jennings, chair of the Prince's Trust Retail Leadership Group in London. But, he says, with techno-savvy customers, it won't mean business as usual. read more
Alcohol, clothes set to boost online retail sales to R20bn

Alcohol, clothes set to boost online retail sales to R20bn

01/02/2019 - 08:37
Retail sales in South Africa are expected to reach R20 billion in 2020 on the back of a surge in online sales of apparels, alcohol and tobacco products. read more
Retail SMEs to embrace e-commerce

Retail SMEs to embrace e-commerce

31/01/2019 - 13:53
A forecast by World Wide Worx shows that online retail sales figures in South Africa are expected to more than double from 2016 to almost R20-billion by 2020. As such, South African small and medium enterprises (SMEs) operating in the retail sector should start to consider entering into the e-commerce space – an industry poised for growth as millennials and digital Generation Z, who have been dubbed digital natives, begin to make up an increasingly large portion of consumers.  read more
 LVMH shares react well to positive comments in results

LVMH shares react well to positive comments in results

31/01/2019 - 11:07
LVMH shares surged high after LVMH struck a “cautiously” confident tone for the year and said sales had picked up in China in the fourth quarter.  read more
 4 ways for retail to remain relevant

4 ways for retail to remain relevant

31/01/2019 - 10:42
There are four key elements for retailers to remain relevant, according to Andrew Jennings, chair of the Prince's Trust Retail Leadership Group in London. read more
 Investors shave R15bn off Shoprite after dire report

Investors shave R15bn off Shoprite after dire report

31/01/2019 - 10:00
Investors shaved R15bn off the value of Shoprite after Africa’s biggest retailer by market capitalisation issued a dire trading warning. read more
Futureproof your retail store

Futureproof your retail store

31/01/2019 - 08:57
Recession, economic uncertainty, political upheaval – these factors, among many others, are playing havoc with retail stability and longevity around the world. In the United Kingdom, well-known brands such as House of Fraser and Orla Kiely have either gone into administration or closed down. Edgars may shut the doors of its landmark store in the centre of Johannesburg in an attempt to revive the ailing brand, and Nine West and Mango have closed their stores across the country due to increased competition and economic pressure. As outlooks go, this may seem dire, but for those retailers that are paying attention and preparing to adapt, it’s a landscape filled with potential.  read more
Woolworths rolls out paper-stemmed earbuds

Woolworths rolls out paper-stemmed earbuds

30/01/2019 - 14:26
Woolworths has kickstarted the year with its latest announcement in its journey to ZERO packaging waste to landfill, with the rollout of Woolworths branded paper-stemmed earbuds.  read more
Unilever boosts home care business with another acquisition

Unilever boosts home care business with another acquisition

30/01/2019 - 11:18
Unilever has continued its recent acquisition spree with a deal to buy The Laundress, a New York-based business that sells a line of eco-friendly detergent, fabric care, and home cleaning products. read more
Shoprite falls 17% as market reacts to profit warning

Shoprite falls 17% as market reacts to profit warning

30/01/2019 - 10:59
Shoprite's share price fell 16.6% to R148.83 on Wednesday morning when the market reacted to a trading update it released at 5.30pm on Tuesday. read more
UK retailer Tesco restructuring threatens 9,000 jobs

UK retailer Tesco restructuring threatens 9,000 jobs

29/01/2019 - 11:29
Up to 9,000 jobs are at risk as part of a restructuring programme announced by British supermarket giant Tesco. read more
Pepkor difficult to price in shadow of Steinhoff

Pepkor difficult to price in shadow of Steinhoff

29/01/2019 - 09:09
General goods retailer Pepkor, formerly known as Steinhoff Africa Retail, released solid numbers for the three months ended December despite challenging trading conditions.  read more
Alibaba creates new smartphone technology that allows the blind and visually-impaired to shop online

Alibaba creates new smartphone technology that allows the blind and visually-impaired to shop online

28/01/2019 - 09:56
Alibaba has created new smartphone technology that allows the blind and visually-impaired to shop online. read more
Iceland maintains crown in supermarket customer satisfaction

Iceland maintains crown in supermarket customer satisfaction

28/01/2019 - 08:34
Iceland has maintained its position as the highest-rated supermarket for customer satisfaction for the second time running.  read more
Community heroes featured on Shoprite trucks

Community heroes featured on Shoprite trucks

24/01/2019 - 11:15
The hard work and success of two Gauteng community food gardens are being celebrated on the Shoprite Group’s truck fleet. read more
Are major retailers doing enough to grow emerging businesses?

Are major retailers doing enough to grow emerging businesses?

24/01/2019 - 10:22
Major retailers insist they’re doing their bit to help mentor emerging businesses. But are they really doing enough to help entrepreneurs overcome the many hurdles they face? read more
Zando celebrates 7 years of success

Zando celebrates 7 years of success

23/01/2019 - 14:50
Launched in 2012, Zando has grown from a small e-commerce store to become South Africa’s largest fashion destination. Aimed at the 20 to 40 somethings, it has sold more than 1800 local and international brands on its site and also has its own private label, UTOPIA.  read more
Massmart also sings the retailers' blues

Massmart also sings the retailers' blues

23/01/2019 - 09:49
Massmart, which is owned by US retail giant Walmart and runs the Game, Makro and Dion Wired chains, saw its share price drop 21%, to close at R90.65, after reporting flat sales for the festive season. read more
Amazon named consumers' favourite brand

Amazon named consumers' favourite brand

23/01/2019 - 09:30
Amazon has been named by consumers as their favourite brand, with other retailers such as Marks & Spencer, John Lewis, Sainsbury’s and Tesco following close behind. read more
Shoprite's festive season sales fall flat

Shoprite's festive season sales fall flat

22/01/2019 - 14:32
Shoprite's share price fell as much as 5.7% to R175.32 after it warned shareholders its interim results would show flat sales. read more
Debt-laden Edcon in 'rescue' deal

Debt-laden Edcon in 'rescue' deal

22/01/2019 - 10:47
Debt-laden Edcon reached a non-binding agreement with unidentified investors to recapitalise and avoid selling some of its business, the Sunday Times citing Chief Executive Grant Pattison. read more
Becoming an intelligent enterprise: Growth in IoT deployment strengthening retail’s frontline workers

Becoming an intelligent enterprise: Growth in IoT deployment strengthening retail’s frontline workers

21/01/2019 - 14:40
Retail buzzwords like “personalisation” and “omnichannel” are no longer just concepts and strategies that companies are working toward. Today, more retailers are actively deploying new technologies and migrating to an intelligent environment to reclaim their relevance in the on-demand economy.  read more
Key trends in grocery retail 2019

Key trends in grocery retail 2019

21/01/2019 - 11:00
As consumer expectations continue to shift, grocery retailers must ensure that they keep a finger on the pulse of changing demands. James Butcher, managing director of grocery retail specialist, Solutions for Retail Brands (S4RB), examines the key grocery trends to keep an eye out for in 2019. read more
Verimark shareholders approve delisting

Verimark shareholders approve delisting

21/01/2019 - 09:36
Verimark shareholders approved a plan to take the direct retailer private, sending the stock to its best close in nearly eight years. read more
Woolworths bedeviled by declining sales

Woolworths bedeviled by declining sales

18/01/2019 - 10:35
As Woolworths tries to recover from the impairments of A$712.5 million (R7.02 billion) it suffered last year in its Australian subsidiary David Jones, the retailer continued to experience declining sales in the 26 weeks to end December trading period in South Africa.  read more
TFG bucks retail trend over festive season

TFG bucks retail trend over festive season

18/01/2019 - 08:00
Apparel group TFG, which operates the Foschini, American Swiss and Markham chains, has bucked the retail trend and produced solid growth numbers for the festive season. read more
Edcon gets some breathing space

Edcon gets some breathing space

17/01/2019 - 10:34
Edcon is at a turning point yet again. The retailer — which operates the Edgars, Jet and CNA chain stores — has just wrapped up a deal with 250 stakeholders, including its shareholders and landlords, in a bid to keep its doors open. read more
M&S confirms more store closures

M&S confirms more store closures

17/01/2019 - 08:41
Marks & Spencer confirmed the location of the next batch of stores it plans to close as part of its restructuring plans. read more
Black Friday boosts November’s retail sales

Black Friday boosts November’s retail sales

16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.  read more
Five smart ways to shift excess stock

Five smart ways to shift excess stock

16/01/2019 - 08:49
Surplus stock is one challenge that every retailer wants to turn into an opportunity. read more
Carrefour to use AI for supply chain optimisation

Carrefour to use AI for supply chain optimisation

15/01/2019 - 15:19
Carrefour has announced plans to use artificial intelligence to optimise its inventory management, making it the first French retailer to do so. read more
Why Macy’s guidance triggered US retail wipeout

Why Macy’s guidance triggered US retail wipeout

15/01/2019 - 14:18
Macy’s did not have as merry a Christmas as it expected, and now all of retail is under the microscope. read more
Online sales boost luxury goods group Richemont’s earnings

Online sales boost luxury goods group Richemont’s earnings

14/01/2019 - 09:04
Johann Rupert’s Richemont, the luxury goods group that was initially cautious about e-commerce, has seen online businesses YOOX Net-a-Porter (YNAP) and Watchfinder giving its earnings a handy boost.  read more
4 Key trends that will continue to shape convenience retail in 2019

4 Key trends that will continue to shape convenience retail in 2019

10/01/2019 - 13:26
As convenience retail continues to grow as an industry sector, retailers must remain focused on the most significant trends that will see their businesses flourish, and in so doing, strengthen their standing in the ever-competitive retail environment. read more
Retail sector facing subdued operating conditions

Retail sector facing subdued operating conditions

10/01/2019 - 08:44
Despite South Africa exiting the technical recession following growth in the economy in the three months to September, the outlook for the country’s retail sector for 2019 continues to be subdued. read more
Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

09/01/2019 - 15:40
Woolworths has said it will remove the baby carrier product from its stores, following a meeting with a business owner who claimed the retailer had copied her idea. read more
Back to school - New uniform trends from Ackermans

Back to school - New uniform trends from Ackermans

09/01/2019 - 09:19
Going back to school after the holidays is often a stressful time for most families; children and parents have to make the inevitable transition from easy summer life to days filled with carpooling, homework and extra-mural activities. read more
The highs and lows of December retail 2018

The highs and lows of December retail 2018

08/01/2019 - 13:49
December retail figures from the US, UK, China and South Africa differed widely and are, more than ever, relative to the prevailing politics and consumer confidence in each area.  read more
Record Christmas for Aldi as it steals customers from rivals

Record Christmas for Aldi as it steals customers from rivals

07/01/2019 - 14:43
New stores and demand for its premium ranges helped Aldi generate UK sales of almost £1bn in December, its best ever result for the Christmas trading period.  read more
Shoprite fights high education costs with low-price uniforms and school fee competition

Shoprite fights high education costs with low-price uniforms and school fee competition

07/01/2019 - 08:36
Shoprite is helping to ease the burden of rising education costs by offering its customers a basic school uniform for under R100 and giving more than 460 learners the opportunity to have their 2019 school fees paid for.  read more
Starbucks abandons expansion plans in SA

Starbucks abandons expansion plans in SA

07/01/2019 - 08:20
High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans in South Africa – seen as a foothold for the continent. read more
Relief for Edcon as lenders extend waivers

Relief for Edcon as lenders extend waivers

21/12/2018 - 13:56
Clothing retailer Edcon has been given some breathing room by its lenders as it struggles for survival. The group, which confirmed that it was in talks with its funders and other stakeholders, said its lenders have extended waivers to allow time for the implementation of its restructuring and recapitalisation. read more
Edcon is looking for white-knight investors

Edcon is looking for white-knight investors

21/12/2018 - 08:34
Troubled clothing retailer Edcon confirmed it is in talks with new investors in its efforts to ensure its survival. read more
A disappointing Black Friday for in-store retailers

A disappointing Black Friday for in-store retailers

20/12/2018 - 10:54
Most retailers had high expectations of bumper sales on Black Friday, November 23, but data from retail management platform Vend shows that that in-store retail spending decreased from 2017 with a 10% drop in spending and a 2% drop in sales volumes. read more
Kit Kat Group's support of stokvels shows dividends

Kit Kat Group's support of stokvels shows dividends

20/12/2018 - 08:36
For the third consecutive year, bulk retailer The Kit Kat Group’s long-standing association with stokvels is showing strong growth. read more
Food-to-go: Retailers tuck into a growing trend

Food-to-go: Retailers tuck into a growing trend

19/12/2018 - 14:19
The report, ‘Business models to ride the food-to-go wave,’ released by Rabobank, explores the growing trend of precooked and ready-to-eat meals, and how retailers and foodservice providers can work together to benefit from this movement. read more
58% of UK shoppers face Christmas delivery problems

58% of UK shoppers face Christmas delivery problems

19/12/2018 - 11:39
More than 50 per cent of people who shopped online over last year’s Christmas period have experienced some sort of problem with their delivery, according to new research. read more
Why mobile is the gatekeeper of brand loyalty today

Why mobile is the gatekeeper of brand loyalty today

19/12/2018 - 10:33
Achieving long-term brand loyalty has become brutally difficult for South African retailers. Mobile represents an unparalleled opportunity for savvy retailers to reach customers in more personalised, efficient and powerful ways – paving the way for a new era of data-driven brand loyalty. read more
SA malls gearing up for Christmas

SA malls gearing up for Christmas

19/12/2018 - 10:05
Hot off the heels of the global Black Friday phenomenon, retailers, brands and shopping centres across South Africa have geared up to make the most of 2018’s Festive Season which is already upon us. read more
China’s online shopping to disrupt the world soon enough

China’s online shopping to disrupt the world soon enough

19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.  read more
SA consumer spend shows moderate uptick ahead of  festive season

SA consumer spend shows moderate uptick ahead of festive season

18/12/2018 - 13:58
Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse™, which looks at overall retail spending trends across all payment types.  read more
What FMCG companies can learn from the online trading industry

What FMCG companies can learn from the online trading industry

18/12/2018 - 08:09
Fast-Moving Consumer Goods (FMCG) are, by their very nature, products that are designed to be sold quickly at a relatively low cost. Unlike luxury items that often need to sit on the shelf for an extended period of time in order to build up some exclusivity, FMCG products need to be sold as quickly as they’re advertised. With speed being the key ingredient in the FMCG industry, any weak links in the chain can harm a manufacturer's bottom-line. read more
Edcon chief confirms recapitalisation drive

Edcon chief confirms recapitalisation drive

17/12/2018 - 19:22
South African retailer Edcon confirmed that it is in discussions with stakeholders, including landlords and suppliers, regarding the group’s continued recapitalisation programme. read more
Iceland opens world’s first supermarket ice rink

Iceland opens world’s first supermarket ice rink

14/12/2018 - 14:05
Iceland has introduced a new concept for Christmas – shopping on ice! read more
Superdry blames warm weather as shares plunge on warning

Superdry blames warm weather as shares plunge on warning

14/12/2018 - 10:02
Superdry shares plunged more than a third after the British fashion chain warned on profits for the second time in less than three months, blaming unusually warm weather for hitting sales of winter jackets and jerseys. read more
SPAR receives global recognition for plastic initiative

SPAR receives global recognition for plastic initiative

14/12/2018 - 09:27
SPAR Eastern Cape achieved global recognition for their commitment to reducing plastic pollution when they received an award at the SPAR International Conference last month. read more
Farm and factory gate inflation slows slightly

Farm and factory gate inflation slows slightly

14/12/2018 - 09:00
Falling fruit and vegetable prices helped slow producer inflation in November. read more
Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

Smartphone sales growth stalls while panel TVs soar during Black Friday week 2018 – GfK data

13/12/2018 - 15:42
Panel television sales soared in South Africa during Black Friday week, climbing by 66% to just over 93,000 units when compared to the same week in 2017, according to point of sale tracking data from GfK South Africa’s Weekly Monitor. This builds on the 47% growth over 2016 recorded during the week of Black Friday in 2017.  read more
5 Retail trends and predictions for 2019

5 Retail trends and predictions for 2019

13/12/2018 - 14:01
2019 is here, and if you’re in retail, you’re likely wondering what the next 12 months will bring. read more
Shoprite opens first store in Kenya to battle French retailer

Shoprite opens first store in Kenya to battle French retailer

13/12/2018 - 10:33
Shoprite is seeking a foothold in Kenya’s retail industry, where the collapse of two local supermarket chains has created opportunities for Africa’s biggest grocer and its international rivals. read more
Superdry half-year profits drop by 49%

Superdry half-year profits drop by 49%

13/12/2018 - 10:13
Superdry has revealed a massive drop in underlying profit in its interim results despite an uptick in overall revenue, as the fashion retailer conceded it had a “difficult first half”. read more
SA to spend more than R200bn over the festive season

SA to spend more than R200bn over the festive season

13/12/2018 - 09:57
South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found. read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Asda remains fastest-growing supermarket of UK's 'Big Four'

Asda remains fastest-growing supermarket of UK's 'Big Four'

12/12/2018 - 10:16
Asda remains the best performer of the UK’s ‘Big Four’ supermarkets, registering a 1.5% sales rise in the 12 weeks to 2 December, according to the latest market share figures from Kantar Worldpanel. read more
The hidden customer engagement tool lying dormant at every retailer

The hidden customer engagement tool lying dormant at every retailer

12/12/2018 - 09:18
With two prime shopping periods ahead - Black Friday and the Festive Season shopping extravaganza - retailers are preparing for a bumper sales season to mitigate the slow retail sales growth experienced during much of the year. Consumers have been under pressure from VAT hikes, petrol price increases and a stagnant economy.  read more
Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

11/12/2018 - 10:08
Ted Baker’s CEO and founder Ray Kelvin is to take a voluntary leave of absence while allegations about his conduct are investigated, the British fashion retailer said. read more
Global fashion retailer LC Waikiki opens first store in Cape Town

Global fashion retailer LC Waikiki opens first store in Cape Town

11/12/2018 - 09:27
Global fashion retailer, LC Waikiki opened their first store in the Western Cape at Tyger Valley Shopping Centre on Saturday 08 December 2018. LC Waikiki offers on-trend, well-priced clothing for all occasions for women, men and children with the brand philosophy of “Everyone deserves to dress well”.  read more
Shoprite opens first of its own distribution centres in Nigeria

Shoprite opens first of its own distribution centres in Nigeria

10/12/2018 - 15:15
The Shoprite Group recently opened a new world-class distribution centre (DC) in Lagos, Nigeria. read more