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Chicken sales continue to rise as world demand grows

Demand for chicken meat is showing no signs of declining, as poultry overtakes red meat consumption in markets around the world - including the United States and South Africa...

Issued by USA Poultry & Egg Export Council 1 day ago

Healthy growth in retail spending for January as inflation trends downwards

South African consumer spending for January 2018 climbed 3.8% year-on-year after removing the effects of inflation, marking the same pace of growth the retail industry saw during the December peak season...

15 Mar 2018

Africa's smartphone market expected to reverse declines

Economic recovery in Nigeria and South Africa, two of Africa's biggest markets for smartphones, is expected to have a positive impact on consumer confidence and sales...

14 Mar 2018

Traditional retail alive and well

'Online shopping blasting holes in traditional retailer profits.' 'Retailers acknowledge the threat of online retail on physical stores.' Headlines like these appear regularly in the South African press...

By Simon Van der Merwe 14 Mar 2018

Payment trends in Africa - driven by tech with an African twist

Technology developments will continue to revolutionise payment in both the real and virtual worlds across the globe. As always, though, local conditions will dictate exactly how global trends affect local markets...

By David Noel Lardin 13 Mar 2018

Lego posts first drop in revenue since 2004

Danish toy maker Lego, known for its iconic coloured plastic bricks, saw profits shrink last year as the company struggled on its main markets, posting its first drop in revenue since 2004...

8 Mar 2018

PayPal upbeat about digital sales

PayPal expects sales from SA of R53bn in 2018 as more and more South Africans use their cellphones as digital wallets...

6 Mar 2018

Change in VAT has retailers scrambling

A month before higher value added tax (VAT) rates take effect, retailers are scrambling to adjust their systems and ensure compliance...

By Nick Hedley 5 Mar 2018

E-commerce automation and personalisation ushers in new era of retail in SA

With the ceaseless advancement of technology, the retail sector is inescapably looking down the barrel at change. Serious change...

By Chad Fichardt 1 Mar 2018

Sureswipe's new POS Lite is a game-changer for small retailers and startups

For a small retailer or start-up to be successful and move to the next level, it's important that systems are in place to track inventory, recon and balance merchant batch closure, manage multiple store and staff sales and have immediate access to real-time data that helps make better management decisions...

Issued by Sureswipe 1 Mar 2018

Trade in second-hand goods the hidden boom in SA economy

While the formal South African economy is clearly struggling - the finance minister's grim budget on Wednesday confirmed that harsh truth - there is one key segment of the economy which is booming...

By Claire Cobbledick 22 Feb 2018

ANC change to boost retailers

The outlook for consumer goods companies appears upbeat as a changing political landscape provides some impetus to a stuttering economy...

By Michelle Gumede 16 Feb 2018

Retail sales grow more than analysts expect in December

December's retail sales grew 5.3%, beating economists' consensus forecast of 4%...

By Robert Laing 15 Feb 2018

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British designer Kim Jones takes over at Dior Homme

PARIS, France - British designer Kim Jones said on Monday that he was taking the reins at Dior Homme two months after quitting Louis Vuitton.

57 minutes ago

Zara and H&M shore up defences as internet threatens

CORUNNA, Spain - Logistics investments, new technology ... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales.

1 day ago

Nike cites 'conduct' violations, top executive out

NEW YORK, USA - Sportsgear maker Nike on Thursday announced the surprise departure of top executive Trevor Edwards, who was considered a potential successor to the firm's CEO.

1 day ago

Toys 'R' Us packs up its playroom in the US

Toys 'R' Us Inc. is going out of business, shutting all of its 735 toy stores and Babies 'R' Us stores in the US after a failed turnaround. Approximately 33,000 jobs are expected to be affected by the liquidation.

By Lauren Hartzenberg 16 Mar 2018

Donatella Versace says label will stop using fur in products

LONDON, England - Donatella Versace has said her family's luxury fashion label will no longer use real furs in its products, according to an interview with a British magazine.

16 Mar 2018

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