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Retail news

Primall Media will be launching its latest innovation, Touch Screen Directory boards, in October 2008, with the placement of 93 touch screen units in 18 of the top malls countrywide. Consumers will no longer have to try and navigate from current 'you are here' static and confusing shopping mall directories.
29 Aug 2008
Fashion retailer Edcon Holdings suffered a first-quarter loss of R643 million to June, compared with a R1,13 billion profit for the corresponding period a year ago. 29 Aug 2008
Vincent Park could become the first casualty in East London's battle of the malls with a major tenant considering cutting its store in half in favour of another outlet in the new Hemingways Mall. 29 Aug 2008
Woolworths has a steady supplier base. It has teams of scientists developing new products. Woolworths's reputation as a tough and demanding buyer of products and services precedes it. Suppliers confirm this and CEO Simon Susman concedes that working with his company “can be challenging”. 29 Aug 2008
USA: More than a third of mainstream consumers over the age of 30 experience deep frustration associated with their cell phone's interface according to a study revealed yesterday by Bowen Research, a firm that researches and evaluates consumer attitudes and behavior about high tech products, software and electronics. 29 Aug 2008
UNITED KINGDOM: As a result of increasing demand from industry franchisees, today marks the official launch of a new franchise association and dedicated web portal: www.franchiseeassociation.org.uk. 29 Aug 2008
Why sell somebody else's product line when you can do a better job offering your own? That was the question that ultimately pushed Jan Hichert, CEO of Astaro, and two other cofounders to develop their own Internet security solutions for a market they viewed as needy of attention - the small- to medium-sized business (SMB) segment. 29 Aug 2008
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