Retail Trends 2018

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Image credit: Martin Rhodes
Whitey stands by Christo Wiese

Former Shoprite Holdings CEO Whitey Basson says he vouches for the honesty of his friend and fellow Shoprite shareholder of many years, former Steinhoff chairman Christo Wiese...

By Mark Allix 1 day ago

Cross-border retail in the digital age
Cross-border retail in the digital age

E-commerce has changed the way the world conducts business, and the rise in technology has made it easier to interact with customers quickly and across borders...

23 hours ago

TFG CEO Doug Murray
Christmas sales leap nearly a third for TFG, boosting its shareprice

Retail group TFG - whose brands include Foschini, Markham and @home - enjoyed Christmas sales in 2017 that were 31% higher than the previous year's...

By Robert Laing 1 hour ago

Shoprite feels African slowdown
Shoprite feels African slowdown

Shoprite's non-South African supermarket division recorded negative growth for the six months to December, owing to the effect of lower commodity prices...

By Michelle Gumede 2 hours ago

Black Friday boosted November retails sales to 8.2% - surprising economists
Black Friday boosted November retails sales to 8.2% - surprising economists

Black Friday boosted November 2017's retail sales to 8.2% - double the annual growth expected by economists...

By Sunita Menon 3 hours ago

Slight uptake in South African consumer confidence
Slight uptake in South African consumer confidence

The latest Nielsen South African Consumer Confidence Index (CCI) for Q3, 2017 reflects a five-point increase from the previous quarter to 83 points, the highest level since Quarter 3, 2016...

Issued by Nielsen 2 days ago

Woolworths shares fall almost 10% after poor HEPS forecast
Woolworths shares fall almost 10% after poor HEPS forecast

Woolworths share price fell as much as 9% to R57.64 on Monday morning after said its interim headline earnings per share were expected to fall as much as 17.5%...

By Robert Laing 2 days ago

Image credit: Jessica Levitt via Times Live
EFF storms H&M at Mall of Africa yet again

Just as many South Africans were recovering from the drama caused by the Economic Freedom Fighters over the weekend, the red berets yet again stormed one of the biggest malls in the country...

By Neo Goba 2 days ago

(c) Stefan Holm -
H&M 'racist' ad adds to company's woes

STOCKHOLM - A racism scandal at H&M is the latest indication of management problems at the Swedish clothing giant, once the darling of shoppers but now struggling to make the switch to e-commerce, analysts say.

2 days ago

#BizTrends2018: What does the travel store of the future look like?
#BizTrends2018: What does the travel store of the future look like?

The travel agency of tomorrow will blend a personal and human touch with digital technologies. Instead of travel agents, we'll see the emergence of...

By Jannine Adams 3 days ago

Malema must pay for damages incurred by H&M stores: DA
Malema must pay for damages incurred by H&M stores: DA

The Economic Freedom Fighters must be held accountable for all the damages incurred as a result of vandalism at a number of H&M stores, the DA said on Sunday...

3 days ago

#BizTrends2018: Cross border trade set to grow e-commerce in SA
#BizTrends2018: Cross border trade set to grow e-commerce in SA

More and more, consumers in sub-Saharan Africa are looking beyond their boarders to get the products and services they need...

By Efi Dahan 12 Jan 2018

Image credit: IOL
Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff...

By Ann Crotty 12 Jan 2018

Woolworths adds Balmain brand
Woolworths adds Balmain brand

Clothing and food retailer Woolworths is looking to bolster sales in the struggling Australian unit by adding the Balmain brand to its offerings...

By Michelle Gumede 11 Jan 2018

#BizTrends2018: What is shaping grocery retail in South Africa - Part 1
#BizTrends2018: What is shaping grocery retail in South Africa - Part 1

In this two-part report, Trade Intelligence reveals the drivers and trends shaping grocery retail in South Africa in the short to medium term...

By Maryla Masojada 11 Jan 2018

#BizTrends2018: The king's demand dictates
#BizTrends2018: The king's demand dictates

Throughput is imperative in business. The challenge is to mitigate barriers negatively impacting throughput...

By Harry van Huyssteen 11 Jan 2018

Stanford team lauds Woolworths Farming for the Future programme
Stanford team lauds Woolworths Farming for the Future programme

Woolworths' Farming for the Future programme is succeeding in encouraging farmers to use more environmentally friendly management practices than their counterparts that do not supply the grocery chain...

By Dave Chambers 11 Jan 2018

New era of retail an opportunity for enhanced customer experience
New era of retail an opportunity for enhanced customer experience

In the mid to late 90s the number of internet businesses grew exponentially. Since consumers were getting connected in their millions, this space was ideal for entrepreneurs to create hype around projected profitability...

By Wynand Smit 11 Jan 2018

#BizTrends2018: Winning brands will get their competitive edge from memorable customer experiences
#BizTrends2018: Winning brands will get their competitive edge from memorable customer experiences

Consumers around the world are putting more value on experiences than they do on possessions, and South Africans are no different...

By Rachel Thompson 10 Jan 2018

'I have H&M clothes I'm going to burn'
'I have H&M clothes I'm going to burn'

Some of SA's most famous faces have expressed outrage over international clothing brand H&M's latest advert showing a little black boy wearing a "coolest monkey in the jungle" hoodie...

By Kyle Zeeman 10 Jan 2018

H&M removes 'black boy' ad after racism accusation
H&M removes 'black boy' ad after racism accusation

Swedish clothing giant Hennes and Mauritz on Monday apologised and removed an advertisement of a black child after the company was accused of being racist...

9 Jan 2018

Exclusive Books grants granny's birthday wish
Exclusive Books grants granny's birthday wish

Exclusive Books fulfilled the dream of Carina Greyling of Kempton Park, who had listed being "locked inside an Exclusive Books for the night" as her top birthday wish...

8 Jan 2018

#BizTrends2018: The call for authentic, experiential retail design
#BizTrends2018: The call for authentic, experiential retail design

In today's dynamic business environment, we should be seeking to understand the trends impacting a broader range of industries, regardless of the business sector we're in...

By Lauren Hartzenberg 8 Jan 2018

#BizTrends2018: Mobile means more e-commerce opportunity than ever before
#BizTrends2018: Mobile means more e-commerce opportunity than ever before

The proliferation of mobile phone networks in Asia-Pacific and Africa has transformed how people connect, communicate and shop...

By Mark Mahoney 8 Jan 2018

#BizTrends2018: Six trends shaping the shopping mall experience
#BizTrends2018: Six trends shaping the shopping mall experience

Adapting and remaining relevant amid changing trends is nothing new for shopping malls. After all, retail itself is constantly and rapidly evolving, led by changing generational consumer behaviour and expectations...

By Camilla Lor 8 Jan 2018

Steinhoff announces management changes and plans to improve liquidity
Steinhoff announces management changes and plans to improve liquidity

Steinhoff said after the JSE's close on Thursday that Ben la Grange had stepped down as finance chief to focus on shoring up liquidity within the beleaguered retailer...

By Nick Hedley 5 Jan 2018

More businesses are trying mobile apps to lure and keep consumers
More businesses are trying mobile apps to lure and keep consumers

Intense retail competition has led old standbys, such as Sears, to close dozens of stores. Walmart is venturing online more. And Amazon is expanding offline...

By Venkatesh Shankar and Unnati Narang 4 Jan 2018

Barriers to finance a hindrance for retail SMMEs
Barriers to finance a hindrance for retail SMMEs

Small, medium and micro enterprises (SMMEs) contribute significantly to South Africa's GDP (estimated between 30% and 57%), and provide employment to between 61% and 80% of the country's workforce...

4 Jan 2018

What makes us sign up to subscription boxes?
What makes us sign up to subscription boxes?

Everyone can relate to that excitement of ripping open a present or the anticipation before discovering what a package in the post contains...

By Louise Grimmer and Gary Mortimer 3 Jan 2018

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