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Retail News

How to stay afloat when fake online reviews could sink your business
Fake news is a pervasive epidemic. Insidious distortion of truth, fueled by hidden (or blatant) agendas is now accepted as a fact of life. 27 Sep 2018
Pick n Pay's spaza programme unveils third store modernisation in WC
Pick n Pay's spaza modernisation programme has helped local entrepreneurs Armien and Yasmina Adams open their Something Nice Market in Blue Downs, Cape Town. The opening of Something Nice marks the third store modernisation in the Western Cape; 14 have already opened in Gauteng, where the programme was first piloted in 2016. 27 Sep 2018
How to overcome financial planning challenges in retail
South African retailers face numerous macro-economic, socio-economic, political, and operational challenges. In a world where finance departments are driving to be business partners inside the organisation, the ability to facilitate relevant operational and financial plans is as necessary as having products on the shelf. 27 Sep 2018
Lifting the lid on the black box of informal trade in Africa
The share of internal trade in Africa remains low, as reflected by official statistics. This is despite numerous regional trade agreements that have led to tariffs removal within the trading blocs. At least in principle. 26 Sep 2018
French hardware giant Leroy Merlin readies to open in SA
French home improvement retailer Leroy Merlin is preparing to open its first store on the African continent in Edenvale, Gauteng on Friday, 28 September 2018. 26 Sep 2018
Growing need for agile super vendors in Africa's apparel industry
African clothing manufacturers have to become super vendors to reduce lead times and cost better to handle more styles, cater to in-season change and improve the top line and bottom line of their businesses. This is the assertion of Anas Shakil, head of emerging geographies and senior partner at garment tech company ThreadSol. 26 Sep 2018
SA deliveries startup Droppa launches retail gateway
South African on-demand delivery startup Droppa has launched Droppa Retail, a gateway for retail stores, warehouses and distribution centres to make deliveries to their customers. 26 Sep 2018
Michael Kors grows luxury portfolio with $2bn Versace acquisition
One year after buying Jimmy Choo, US fashion company Michael Kors is acquiring iconic Italian luxury goods house Versace for $2.1 billion. 25 Sep 2018
Smart checkout tech to exceed $45bn transactions by 2023
Retail spend at frictionless payment stores like Amazon Go will grow from an estimated $253 million in 2018 to over $45 billion by 2023, as retailers strive to eliminate queues. This is according to a new report by Juniper Research titled Future In-Store Retail Technologies: Adoption, Implementation & Strategy 2018-2023. 25 Sep 2018
Krispy Kreme SA expands focus on off-premise sales
South Africans can now get Krispy Kreme doughnuts on the go in more areas, more often, as the company will be expanding its off-premise sales to 23 stores across Johannesburg, Pretoria and KwaZulu-Natal, rolling out to local petrol stations and supermarkets. 25 Sep 2018
Franchising sector shows resilience despite challenging conditions
©TEA via 123RF
The Franchise Association of South Africa's latest franchise survey, shows that of all the business formats and across all sectors, franchising, through its unique business format, continues to show growth and resilience despite challenging conditions - with an estimated turnover of R721 billion equivalent to 15,7% of the total South African GDP. 25 Sep 2018
- Bluegrass Digital
Clover SA revamps its website
Clover SA has partnered with Bluegrass Digital to rebuild its corporate B2B and B2C website. The company has been consolidating its corporate digital assets onto a single technology stack and has also migrated all the Clover websites to the Cloud on Microsoft Azure. 25 Sep 2018
The Kiddie Company is South Africa's online baby store that makes shopping so easy
The Kiddie Company is South Africa's latest online baby store with an exclusive range of baby accessories, natural baby products, baby clothes, maternity wear and pre- and post-pregnancy supplies. Your one-stop shop for everything mommy and baby! 21 Sep 2018
Call for Famous Brands to commit to cage-free eggs
Multi-faith environmental NGO Southern African Faith Communities' Environment Institute (SAFCEI) has launched a public campaign urging restaurant franchisor, Famous Brands, to commit to go "cage-free" for all its hens and their eggs by 2025. The campaign commenced with a petition earlier this month in an effort "to eradicate inhumane battery cage farms for hens". 21 Sep 2018
Asking customers to donate when they buy stuff may be good for business
Cashiers asking customers to donate small sums to charity while they're at cash registers, known as checkout charity, is becoming a big business. 21 Sep 2018
Dr. Oetker to acquire baking brand Wilton
German-based food conglomerate Dr. Oetker is set to purchase Wilton Brands, a US baking, cake decorating and candy making brand. The transaction is expected to close before the end of the year. 21 Sep 2018
#FreshOnTheShelf: New Doritos, edible cookie dough, Nuy gin and Bosjes vino
In #FreshOnTheShelf, we round up some of our favourite food and beverage products that have hit the shelves recently. 20 Sep 2018
H&M Foundation drives circular fashion through textile recycling facilities
As part of H&M's mission to become "truly circular" by 2030, its charitable arm, the H&M Foundation, has opened two hydrothermal textile recycling plants in partnership with The Hong Kong Research Institute of Textiles and Apparel (HKRITA). 20 Sep 2018
Tesco unveils competitive new discount chain Jack's
British multinational groceries and general merchandise retailer, Tesco, has launched a new discount chain called Jack's that's pegged to rival German discounters Aldi and Lidl. 20 Sep 2018
Russia a major destination for SA fresh produce exports
©Jacek Sopotnicki via 123RF
Russia continues to be an important market for South African fresh produce, says the Fresh Produce Exporters' Forum (FPEF). 20 Sep 2018
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