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Retail News

SA's 2Engage plans for further growth in Africa and abroad
South African fintech and customer engagement business, 2Engage, is pursuing international growth opportunities. Boosted by its relationship with Mergence Group, which acquired a 26% stake in 2Engage in November 2019, the company has plans to aggressively grow its footprint and consumer rewards programmes in Africa and beyond. 12 Feb 2020
Getty
Getty
With 2019 well and truly behind us, the new year brings with it several challenges for small business owners. A decrease in sales and the country's depressed economy may force several SMEs - which fail to get to the right funding - to close down. 12 Feb 2020
Ocean Basket eyes growth in smaller restaurant format
Ocean Basket's new Haasendal Gables restaurant, located in Kuils River, Cape Town, is an example of the seafood restaurant chain's new smaller store format. 11 Feb 2020
SA's Furniture Industry Master Plan roadshow concludes
The South African Furniture Initiative (SAFI) and the Department of Trade and Industry (dti) last week completed their consultative roadshow in Port Elizabeth, after meeting furniture manufacturers across South Africa in preparation for its Furniture Industry Master Plan (FIMP). 11 Feb 2020
Ethical e-tailer Faithful to Nature opens first physical store
Popular online retailer Faithful to Nature has opened the doors to its first brick and mortar store, filled with top-performing ethical and eco-friendly products across the company's main categories: health, body and beauty, food, household cleaning and waste-free lifestyle essentials. 11 Feb 2020
#FreshOnTheShelf: New from Copeland Distillery, Boland Cellar and An Dúlamán Gin
In #FreshOnTheShelf, we round up our pick of food and beverage products that have hit the shelves recently. 10 Feb 2020
From CBD to 'catios' - 5 pet care trends for 2020
The pet care industry continues to grow at a rapid rate fuelled by a rise in pet parenting across the globe. 10 Feb 2020
Your customers are your business model
Increasingly, customers are engaging with brands remotely - this is the age of online shopping and deliveries, with apps and online services making it increasingly easy for customers to buy and consume without leaving their homes. 10 Feb 2020
Pick n Pay makes progress on plastic waste reduction goals
Pick n Pay has reiterated its pledge that all Pick n Pay branded product packaging will be 100% recyclable or reusable by 2025, and by 2023, all these products will feature the new on-pack recycling label to help customers understand how best to recycle their packaging. 7 Feb 2020
Premium CBD brand Oil Science opens physical store
Oil Science has expanded its business operations with the opening of a new store in Century City, Cape Town. 7 Feb 2020
Lady backpacks and manly beer - the folly of gendered products
As women started counting steps and walking to work wearing running shoes and fitness trackers, there was one work-related item that had to change: the briefcase. It's not suited to walking fast and gets in the way of drinking coffee en route to the office. Enter the working women's backpack. It's a trend. 6 Feb 2020
How necessary is CCTV in the retail industry?
©Ignard ten Have via 123RF
As tough economic times get tougher, the retail industry will need to think carefully about how to reduce their risk in order to protect their shoppers, stock and their bottom line. 6 Feb 2020
Coca-Cola Beverages SA pilots 2L returnable PET plastic bottles
In an effort to cut down on plastic waste, Coca-Cola Beverages South Africa (CCBSA) has introduced a 2L returnable bottle made of PET plastic that can be reused up to 14 times. Thereafter they can be recycled and made into new bottles. 6 Feb 2020
Retail sales growth a relief, but not surprising - Merchant Capital
With analysts warning of a gloomy outlook for South Africa's beleaguered retail sector, the release of Stats SA's retail sales figures for November 2019 have provided a glimmer of good news. 5 Feb 2020
Barry Callebaut invests in dairy-free chocolate production
Cocoa processor and chocolate manufacturer Barry Callebaut is investing in dairy-free product development and production facilities to cater to the demand for plant-based products. 5 Feb 2020
RCS acquires Edcon's in-store debtors' book
The Competition Tribunal has approved the takeover of the Edcon Store Card debtors book by consumer finance business RCS. 5 Feb 2020
- Mpact
Mpact Versapak launches grape punnets, produced from 100% post-consumer recycled PET
During the latter part of 2019, Mpact Versapak successfully launched a range of grape punnets, produced from 100% post-consumer waste. 5 Feb 2020
Online home decor store Block Basics launches
A new online store, Block Basics, has launched in South Africa offering functional and on-trend home decor staples. 4 Feb 2020
Innervation acquires loyalty business from Tritech Media
Innervation Pan African Payment Solutions (Innervation) has acquired African loyalty business, The Loyalty Box, from Tritech Media for an undisclosed amount. 4 Feb 2020
Edcon sells CNA chain to Astoria Investments
Edcon has sold South African newsagent and stationery chain CNA to a consortium headed by JSE-listed Astoria Investments. 4 Feb 2020
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