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Woolworths rolls out virtual beauty services in SA
Woolworths has launched two new digital beauty experiences, Virtual Try On and Virtual Consultations, which are designed to help consumers reinvent their beauty shopping experience at home and gain more confidence before making a purchase. 6 May 2021
Michel Doukeris to succeed Carlos Brito as AB InBev CEO
Multinational brewing giant Anheuser Busch InBev (AB InBev) has elected Michel Doukeris, president of AB InBev's North America zone, to succeed Carlos Brito as chief executive officer, effective 1 July 2021. Brito will step down after 15 years as CEO and 32 years at the company. 6 May 2021
- ACDOCO SA
Anusol Ointment for internal and external piles
Anusol™ is the UK's number-one-selling piles treatment* providing multiple formats and categories to cover different therapeutic needs and consumer preferences. Anusol Ointment offers treatment for both internal and external piles (haemorrhoids). 6 May 2021
Credit: Tim Douglas from Pexels
Credit: Tim Douglas from Pexels
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced e-commerce and explored the potential of new ways to pay. 6 May 2021
Call for applications: eThekwini Furniture Cluster Business Accelerator
The eThekwini Furniture Cluster (EFC) Business Accelerator is open for applications from small businesses in KwaZulu-Natal that currently supplies, or could supply, goods or services to the furniture sector. Successful applicants that excel during the pitching process will be in the running to gain a lucrative business contract with South African furniture retailers, @home, CLM Home and Homewood. 6 May 2021
Free eCommerce Virtual Summit kicks off in May
©Tsung-Lin Wu via 123RF
The annual PayFast eCommerce Virtual Summit, hosted by The Insaka eCommerce Academy, is set to take place from 17 to 20 May 2021. 5 May 2021
SAB plans launch of new B-BBEE scheme Zenzele Kabili
South African Breweries (SAB) will be launching a new B-BBEE scheme, called SAB Zenzele Kabili, later this month. This will be replacing the old SAB Zenzele scheme, which reaches maturity this May. 5 May 2021
- Edge Growth
Kombo King turns up the heat
The Vumela Fund announces an investment in innovative food technology 5 May 2021
Spar workers end strike after agreement reached
A six-week strike by more than 130 workers of Spar distribution centre in Gqeberha has ended after they reached an agreement with management last week. 5 May 2021
New global H&M initiative to identify and support inspiring kids
Fashion retailer H&M has introduced a new global initiative to identify and support young role models who are making progress on social equality, sustainability, education, and other important civic matters. 4 May 2021
Italtile CEO Jan Potgieter to retire, Lance Foxcroft named successor
JSE-listed tile and bathroomware manufacturing and retail group Italtile has announced that its chief executive officer, Jan Potgieter, will be retiring on 31 December 2021 and emigrating to Europe. He will however remain on the Italtile board as a non-executive director. 4 May 2021
Absa PMI expands at slower pace in April
©06photo via 123RF
South Africa's seasonally-adjusted Absa Purchasing Managers' Index (PMI) expanded at a slower pace in April as growth in business activity and new sales orders slowed, a survey showed on Monday. 4 May 2021
Former Spur CEO Pierre Van Tonder in critical condition
Spur Corporation's recently retired CEO, Pierre Van Tonder, is in critical condition in a Cape Town hospital after an apparent suicide attempt on Sunday. 3 May 2021
How manufacturers can unleash their digital marketplace superpower
©Diana Kadreva via 123RF
Digital marketplaces such as Amazon, Alibaba, click and collect models, and food delivery ecosystems have rapidly changed consumer behaviour, and increased the demand for convenience and immediate gratification. 3 May 2021
- Insight Survey
Will innovation bring the fizz back to SA's carbonated soft drinks industry?
The global and local carbonated soft drinks market has been getting some of its fizz back in 2021, following a relatively flat period, resulting from the massive impact of the Covid-19 pandemic in 2020. For example, The Coca-Cola Company recorded a 9% decline in global sales, for the 2020 calendar year. In an attempt to stimulate consumption volume, global and local players have been introducing a range of refreshingly new and innovative products, with the hope that it resonates with capricious consumer tastes and demands. 3 May 2021
4 e-commerce trends, and how to use them to accelerate your business
©Vasin Leenanuruksa via 123RF
2020 proved to be a year of unprecedented consumer demand when it came to e-commerce adoption and popularity, as the Covid-19 pandemic and global lockdowns led to an acceleration in buyers switching to online purchasing platforms. 3 May 2021
Steinhoff could consider raising equity - CEO
South African conglomerate Steinhoff International Holdings N.V. could consider an equity issue, its CEO said on Friday, as the retailer looks to reduce its debt and financing costs. 3 May 2021
LG announces first-quarter 2021 financial results
Highest quarterly revenue and operating profit in company's history
30 Apr 2021
#BehindtheBrandManager: Travis Coppin of Food Lover's Market
Seven years ago, Food Lover's Market co-founder Brian Coppin roped his son Travis Coppin, a trained chartered accountant, into the family retail business. 30 Apr 2021
Converse launches Renew Labs to spruce up pre-loved All Stars
In a bid to fuel sustainable innovation and extend the lifecycle of products, Converse has introduced Renew Labs to refresh customers' previously-worn All Stars. 30 Apr 2021
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