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Retail News

Why online marketplaces can be catalysts for SME growth
21 August marks World Entrepreneurs' Day, a global event that celebrates individuals who start their own businesses. In the modern business environment, one of the biggest make-or-break factors for small to medium-sized companies is creating and maintaining a strong online presence. 21 Aug 2018
Accolade announces £1mn investment boost for SA wine brand Kumala
UK wine company Accolade Wines will be investing over £1 million in its South African wine brand Kumala with a new brand creative entitled 'Keep it Kolourful'. The news marks the biggest investment into Kumala for over 10 years. 20 Aug 2018
PepsiCo to buy SodaStream for $3.2bn
Snacking and beverage giant PepsiCo has agreed to acquire countertop carbonated water machine maker SodaStream International Ltd for $3.2 billion. The transaction is in line with PepsiCo's Performance with Purpose journey, which promotes health and wellness through environmentally friendly, cost-effective and fun-to-use beverage solutions. 20 Aug 2018
- Heineken South Africa
Carmen Mohapi Appointed Marketing Director of HEINEKEN South Africa
HEINEKEN South Africa is pleased to announce the appointment of Carmen Mohapi as Marketing Director across all eight brands produced by the beer and cider company. 20 Aug 2018
Checkers to launch Ready to Chef meal kits
Checkers will be introducing its own range of meal kits called Ready to Chef, with four different recipes -including a vegetarian option - available in stores each week. 20 Aug 2018
The forgotten grandeur of Britain's department stores - a historian reflects
Department stores seem to be in terminal decline. In the UK, the demise of British Home Stores and Poundworld, together with store closures by Marks and Spencer and House of Fraser, are local symptoms of a wider malaise. Luxurious Parisian store La Samaritaine closed in 2005 and Sears - once a cornerstone of North American retailing - has also shut dozens of stores in recent years. 17 Aug 2018
How 20-year-old Sakhile Maseko built a 'try before you buy' watch retail business
Twenty-year-old Sakhile Maseko is the founder of Aumax, a small business that sells luxury products such as watches directly to South African consumers using Facebook. The startup also offers a 'try before you buy' experience of cash on delivery. Delivery itself happens a maximum of 24 hours after an order is placed. 17 Aug 2018
Four Cousins wine comes of age
South African wine brand Four Cousins is celebrating its 18th birthday with a makeover. The sparkling wines are sporting a new glam look, while the still wines now have branded screw caps, punchy tweaks to colour, an updated label and a personal stamp of quality from the four cousins themselves. 17 Aug 2018
Vend reveals top performing independent retail categories in SA
Over the past year, South Africa's independent retailers enjoyed sales volumes 25% higher than the global average, according to data from retail management software leader Vend. 17 Aug 2018
2018 SAFW Cape Wools SA Designer Challenge winners revealed
The winners of the second annual SAFW Cape Wools SA Designer Challenge have been announced, with Carina Louw and Natasha Jaume of Erre scooping the prize for ladies wear, and Keith Henning and Jody Paulsen of AKJP for menswear. 16 Aug 2018
Homeware haunt Block and Chisel opens in-store cafe in Cape Town
Furniture and decor retailer Block and Chisel has opened a "coffee and toastie emporium" at its store in Diep River, Cape Town. 16 Aug 2018
5 ways e-commerce startups can take advantage of Black Friday
According to Google Trends, last year South Africa registered the largest Black Friday search interest of any country, even ahead of the US where the retail mega-event was conceived. 16 Aug 2018
#WomensMonth: Meet the woman behind Signal Gun's craft brews
Armed with a Viticulture and Oenology qualification from the University of Stellenbosch, Jéanri Nel was well on her way to becoming a winemaker, until she decided to indulge her love for beer and become a brewer instead. 16 Aug 2018
What's in store for Witchery SS18
Australian fashion brand Witchery recently showcased its 2018 spring/summer and limited edition collections at The Argyle in Woodstock, Cape Town. 15 Aug 2018
How do females fare in the SA retail market?
While we focus on women in South Africa during the month of August and honour our constitution for declaring the 9th of August a public holiday, retailers continue to look closely at the overall economic status of women. 15 Aug 2018
SA retail growth slows in June, with clothing outperforming other segments
South African retail sales for June 2018 grew by 2.9% year-on-year excluding the effects of inflation, marking the weakest pace of growth since October 2017. This is according to the Mastercard SpendingPulse June 2018 report, which provides a macro-economic analysis of retail spending trends in South Africa. 15 Aug 2018
Beyond B-BBEE: How to make supplier diversity part of your business DNA
Over the past decade, the procurement function has become an important vehicle for business transformation in terms of ensuring supplier diversity and small business growth. However, this function is often underutilised by companies that regard supplier diversity as just a tickbox exercise for B-BBEE. 15 Aug 2018
#WomensMonth: Adding glamour and sparkle to the agro-processing sector
Entrepreneur Silvana Dantu is marketing director of African Equations PTY Ltd, together with her business partner Shareen Parker, the producers of Zari Sparkling Grape juice, a local brand which has set out to disrupt the male-dominated agro-processing sector with its sparkling, alcohol-free beverage brand. 14 Aug 2018
Mobile merchant transactions driving financial inclusion in emerging markets
The use of mobile devices to make retail and store payments will act as a driver for financial inclusion of the unbanked in emerging markets, forecasts a new study by Juniper Research. The research reveals that mobile merchant transactions by unbanked individuals will grow from 1.8 billion per annum in 2018 to 3.8 billion by 2023. 14 Aug 2018
5 lessons retailers can learn from the Tour de France
©Radu Razvan Gheorghe via 123RF
The Tour de France is the biggest cycling race in the world, attracting 12 million TV viewers for each of its 21 stages, and 6.5 million digital fans from across 190 countries. It is a testament to the benefits of digital transformation that a sporting event more than 100 years old can keep innovating and pushing the boundaries of the digital fan experience. 14 Aug 2018
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