Retail Trends 2016

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© photoschwalm1 – za.fotolia.com
Depreciation of rand a concern for retail margins in 2016

JLL South Africa has released its Q4 2015 research reports for the Johannesburg retail market, office market, and industrial market, as well as the Cape Town office market...

13 hours ago

© Ali Gokhan – 123RF.com
Effective management skills for franchises

There are no guarantees when it comes to business. Even owning a franchised store with a great consumer brand, store location and franchisor support can't stop a business from getting into difficulties if management skills aren't up to the challenge of everyday operations...

13 hours ago

2015/2016 PPC Imaginarium Awards winners announced
2015/2016 PPC Imaginarium Awards winners announced

Category winners in the 2015/2016 PPC Imaginarium Awards were announced this month with entries doubling that of the initial year of the competition...

14 hours ago

Photographer: Freddy Mavunda
Image source: Financial Mail
Call centre intends to keep Lewis compliant

In a move to quell growing disapproval of its lending practices, furniture retailer Lewis will launch a call centre to enhance compliance, transparency and oversight of its in-store sales and credit-application process...

By Zeenat Moorad 16 hours ago

Image credit: AfricaInternetGroup.com
French insurance giant buys into African e-commerce in $83m deal

French insurance giant AXA has bought an eight percent stake in Africa Internet Group (AIG), one of the continent's largest e-commerce players. The deal is valued at €75-million (over US$83-million)...

By Jacques Coetzee 17 hours ago

© Ð?енис Ð?довиÑ?енко – 123RF.com
Which e-commerce platform will do justice to your business plan?

A startup wave has hit the world and given birth to various big and small e-commerce websites. Following this, everyone aspires to build an Etsy like startup, but they either lack software choices or knowledge of a multi-vendor script/system required to create an online store...

By Manish Bhalla 18 hours ago

Edcon CE Bernie Brookes.
Photographer: Martin Rhodes
Image source: BDlive
Edcon to cut some of its 3,000 head-office jobs

Edcon, the retailer that owns brands such as Edgars, CNA and Jet, will cut jobs at its head office as part of its turnaround strategy...

By Zeenat Moorad 19 hours ago

Praxia Nathanael
Gold Brands Investments gets green light for listing

Gold Brands Investments has been granted approval by the Johannesburg Stock Exchange for the listing of its ordinary shares on the AltX board, under the abbreviated name Gold Brands and share code GBI, with the commencement of trading on Friday, 12 February 2016...

1 day ago

© David Crockett – 123RF.com
The impact of increased tariffs on e-commerce

The impact that increased tariffs and taxes have on the economy cannot be over-emphasised. One fast-growing facet of most economies in Africa is e-commerce...

By Bennet Otoo 1 day ago

Image credit: Ventureburn.com
SA entrepreneurs: you now have your own loyalty rewards programme

Mercantile Bank, a financial institution aimed exclusively at entrepreneurs, on Friday announced that it had entered into an agreement with wiGroup to develop a loyalty and rewards programme for its clients...

By Stuart Thomas 1 day ago

Amazon teams up with Spotify for wireless speaker
Amazon teams up with Spotify for wireless speaker

NEW YORK - Amazon said on Thursday that its Echo wireless system will play songs from Spotify as the retail giant delves further into the booming sector of streaming...

1 day ago

© estherpoon – 123RF.com
TFG delighted by online festive season results

Online retail results for The Foschini Group (TFG) for the six-week festive trade period, from late November to the first week of January 2016, contributed 25% of the group's projected annual online revenue. On Black Friday more than 350,000 unique visitors clocked in at www.tfg.co.za...

1 day ago

The Wedding Expo opens for exhibitor bookings
The Wedding Expo opens for exhibitor bookings

The 2016 The Wedding Expo shows are open for booking by exhibitors and will feature new attractions to provide inspiration. The Wedding Expo at the Ticketpro Dome on 12 and 13 March is also open for ticket sales...

5 Feb 2016

© Jakub Jirsak – 123RF.com
2015 an incredible year for APICS Certified Supply Chain Professional Certification in SA

SAPICS' goal to create a skilled workforce in South Africa was enhanced by the adoption of this valuable and globally recognised supply chain certification. Since its introduction in 2006, the CSCP has evolved into a truly global certification for supply chain professionals...

5 Feb 2016

Image credit: BarbieMedia.com
New body types, skin tones and hairstyles for Barbie

Barbie has announced the expansion of its Fashionistas line with the addition of three new body types - tall, curvy and petite - and a variety of skin tones, hairstyles and outfits. The new dolls can be viewed on Barbie.com and are available to order on Amazon internationally. The collection will roll-out over the course of 2016 at retail stores nationwide...

5 Feb 2016

Smart glasses could make a comeback, shipping over 12 million by 2020
Smart glasses could make a comeback, shipping over 12 million by 2020

The current market in consumer smart glasses is 15 months behind previous expectations, thanks to the withdrawal of Google Glass in 2015, but a new study by Juniper Research shows that over 12 million consumer smart glasses will ship in 2020...

5 Feb 2016

© ilovehz – 123RF.com
China's Alibaba seeks sporting gold

BEIJING - Chinese e-commerce giant Alibaba is looking to turn its hundreds of millions of users into sportsmen as it seeks to cash in on the country's growing sporting market, an executive said...

5 Feb 2016

Former Reserve Bank governor Tito Mboweni.
Image source: BDlive
Mboweni quizzed over currency risks at Nampak meeting

CAPE TOWN - Former South African Reserve Bank governor Tito Mboweni was back on familiar terrain yesterday - fielding pointed questions on currency risks when chairing the annual general meeting of Nampak...

5 Feb 2016

Pam Golding on Main shopping complex.
Shopping centres are keeping property prices moving, says PGP

The Pam Golding on Main multi-use retail and office development opened mid-2015 in Kenilworth Main Road, anchored by a 510m² Pick n Pay store. Its pavement café ambience is already making the area more vibrant and cosmopolitan and boosting interest in buying up and renovating flats in the area...

4 Feb 2016

©Alex Stokes via 123RF
Africa set for GDP growth of 4.5 trillion by 2025

Urbanisation, mobility, infrastructure, natural resources, telecommunications investments and inter-regional trade are just a few of the untapped opportunities making Africa the last growth frontier...

4 Feb 2016

#DesignMonth: Fashion forward with Leah Misika
#DesignMonth: Fashion forward with Leah Misika

Leah Misika is the founder and managing director of La Mode Fashion. She's a design creative whose love for fashion and background in retail management makes for a well-balanced integration of disciplines...

By Beverley Klein 4 Feb 2016

eCommerce Africa Confex returns in February to Cape Town
eCommerce Africa Confex returns in February to Cape Town

The second eCommerce Africa Confex takes place 17 - 18 February 2016 at the Cape Town International Convention Centre. With eCommerce forecasted to grow by 40% annually...

4 Feb 2016

Image credit: Ventureburn.com
How innovative companies should capitalise B2B e-commerce

E-commerce in South Africa - while still just a slice of the overall retail pie - is growing as much as 35% per year. However, of this, the lion's share still operates in the B2C space, suggesting that B2B companies - those that use the web to sell goods and services to other businesses - have yet to cotton-on to its very lucrative potential...

By Charlie Stewart 4 Feb 2016

© Dmitriy Shironosov – 123RF.com
Gold Brands Investments and Circle Food Group in R100 million deal

Gold Brands Investments has announced that it has concluded a R100 million deal with the Circle Food Group, prior to its listing on the JSE AltX...

4 Feb 2016

Regan Adams of RSC and Karl Hammerschmidt of RunwaySale.
RCS partners RunwaySale in e-commerce venture

Most consumers are aspirational and, despite budget constraints, want to own high-end, premium brands. Having recognised this, as well as the growth in online retail shopping, the RCS Group recently partnered RunwaySale to allow its over a 500,000 RCS cardholders to shop online for the first time...

4 Feb 2016

Relying on imports to feed the nation
Relying on imports to feed the nation

The ongoing El Niño has resulted in far below-average rainfall and very high temperatures in Southern Africa, adversely affecting agriculture in the region...

By Sindy Peters 4 Feb 2016

© niloo138 – 123RF.com
Simba roars and 'copycat' comes up with crumbs

A small local potato crisp manufacturer has to change its logo and packaging after Simba Chips accused it of being a copycat...

3 Feb 2016

© georgejmclittle – 123RF.com
Debunking common myths and misconceptions of online shopping

So, you're ready to take the plunge and try online fashion shopping, but you're still a little wary of parting with your credit card details and unsure whether you'll love your purchase without physically getting to touch and feel it?

3 Feb 2016

Image credit: IFS
The number of smart machines in manufacturing will double in the next three years

The use of smart machines in manufacturing is growing rapidly; by 2018, 50% of the fastest growing companies in the world will have fewer employees than smart machines, according to Gartner...

By Antony Bourne 3 Feb 2016

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