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Retail

Gearing for growth

Autumn has arrived, and with it, the minefield of school and public holidays. Of course, this is usually a good thing as far as retail is concerned, but we'll have to wait and see which way this weather drives us - home or in-store. Meanwhile, the retail trade stats have come in for January, showing meagre growth month-on-month, but with a 6.8% increase year-on-year.

On the subject of growth, Shoprite has stepped foot into northern Nigeria, Futurelife is expanding into the UAE, and Steinhoff has made an offer for the JD Group. For any retailer looking to invest in Africa, the African Retail Development Index shows the Rwanda is the place to go.

Franchising in South Africa is continuing to prove its worth, so any entrepreneurs looking to start-up under an established brand should hop along to the International Franchise Expo in Sandton next month to see what opportunities await.

Shan Radcliffe, Group Head - Retail (@Biz_Retail)
© amenic181 - Fotolia.com

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Today's top stories
Exclusivity detrimental to small business growth

According to Suzanne Ackerman-Berman, director of transformation at Pick n Pay, it is not acceptable for big players in the supply chain to insist on exclusivity in exchange for helping smaller suppliers.

Read more >>

International Franchise Exhibition coming in April

The International Franchise Exhibition (IFE) will beheld at the Sandton Convention Centre from 10 - 12 April 2014, offering potential franchisees a platform to gain an understanding of the business opportunities available in South Africa. Over 50 different franchise brands will be exhibiting at the event.

Read more >>

Shoprite opens doors in northern Nigeria

Thursday, 20 March 2014 saw Shoprite open its doors in northern Nigeria, adding to its already 1,800 outlets globally.

Read more >>


Brand News
Orlando Pirates headphones from Skullcandy
Collaboration between Skullcandy headphones and Orlando Pirates Football Club will see three styles of headphones available in South Africa. The product was unveiled at the Derby match played on Saturday 15 March 2014, when players walked off the bus sporting the range of products. Ink'd earbuds, uprock onears and Hesh over ears will be available in most major retailers countrywide, distributed by Luksbrands South Africa.

Commercial Property
A selection of business news briefs
A selection of short items from around the business community, published in a single, easily-digested single article to provide a snapshot of developments over the past few days. Read more >>

Exhibitions & Events
SAITEX celebrates 21 years of African trade
This year sees the Southern African International Trade Exhibition (SAITEX) celebrate 21 years in business. Scheduled for 22-24 June at Gallagher Convention Centre, Midrand, Johannesburg. Read more >>

Scan Display reports on global retail and expo trends

Issued by Scan Display

The extensive use of fabrics on walls and ceilings of exhibition spaces - to hide the infrastructure of modular systems and to give the illusion of a custom-built space - is a major contemporary trend in exhibition spaces. Read more >>

Hospitality
Entrants ready for Cape Legends Inter Hotel Challenge
This year's Cape Legends Inter Hotel Challenge has two entrants from the One&Only Cape Town - Joyce Mesu, chef candidate, and Mercy Mwai, wine steward candidate, both of whom work as part of the Nobu Cape Town restaurant team. Read more >>

Manufacturing
Beverages business keeps Bowler Metcalf's earnings under pressure

Nick Hedley

Plastic packaging manufacturer and beverage bottler Bowler Metcalf reported an "unavoidable" 14% fall in earnings as margins were squeezed in its beverages business. Read more >>

Unilever revenue up 8.9% amid growth constraints

Marc Hasenfuss

Household brands conglomerate Unilever appears to be battling just as hard as its listed peers‚ Tiger Brands and AVI‚ for growth amid shrinking discretionary spending as embattled South African consumers continue to tighten their purse strings. Read more >>

Research
Wholesale trade sales up 8.7 y/y in January
Wholesale trade sales rose 8.7% year on year in January compared with 6.4% year on year in December‚ Statistics SA data showed on Thursday. Sales were measured in real terms using constant 2012 prices. Read more >>

January retail trade sales increase
Retail trade sales - measured in real terms (constant 2012 prices) - increased by 6.8% year-on-year in January 2014, Statistics SA announced Wednesday, 19 March 2014. Read more >>

Retailers
Motor trade sales up 2.4% y/y in January
Motor trade sales (measured in nominal terms and current prices) increased by 2.4% year-on-year in January‚ Statistics SA has reported. Read more >>


International

German property group planning to list on JSE

Joan Muller

BERLIN, GERMANY: The property listing boom of 2011-2013 may well have made way for a period of consolidation but new listings have not dried up completely‚ with German property player Sirius Real Estate looking to make its debut on the JSE later this year. Read more >>

Oman to privatise airline, telecoms company
MUSCAT, OMAN: Oman plans to privatise its loss-making national carrier Oman Air and continue selling chunks of telecoms company Omantel to local investors, Finance Minister Darwish al-Balushi has announced. Read more >>

Retail: How to avoid energy wastage and manage costs

Jon Rabinowitz

NEW YORK CITY, US / KFAR SABA, ISRAEL: How you can manage costs better in retail stores: Six factors that contribute to energy waste and are raising your costs. Read more >>


More International


Galleries

Belvedere Vodka at the Mercedes-Benz Fashion Week

More

More galleries  


Government

Revised B-BBEE Codes transitional period extended
The transitional period in respect of the new Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice, issued on 11 October 2013, has now been extended until 30 April 2015. The transitional period was initially indicated as a period of one year from the date of publication and would have expired on 10 October 2014. Read more >>

Manufacturing confidence up 5 points says BER
Manufacturing business confidence improved in the first quarter of 2014‚ as exports benefitted from a weak rand that supported the export earnings of manufacturers. Read more >>

Call centre a lifeline for women
The Department of Social Development has launched a 24-hour call centre to provide support and counselling to victims of gender-based violence. Read more >>

Digital TV chaos shows government lack of interest

Anton Harber

A journalist has to take obscure matters and turn them into engaging and understandable stories, showing people why they should care about them. Sometimes it seems impossible. Read more >>

Minister Molewa promotes blue economy

More Government news


Lifestyle

Ambre - 4-star with 5-star service

Rod Baker

Feel like a getaway without the kids? Feel like getting married and need a romantic venue? Try Ambre... now Adults Only Read more >>


Jobs offered

Head of Ecommerce/BI/Marketing - Executive - Johannesburg
Head of ecommerce, BI and marketing (exec). R1.2- to R1.3-mil package. Retail management experience. Strategic person who understands customer engagement. Read more >>




New events to diarise

Warehouse clearance sale
28 Mar 2014 to 30 Mar 2014 Johannesburg

Sheer Glamour Show
2 Apr 2014 Johannesburg

T.G.I.F. Thank Goodness I'm Female weekend
George Lodge International - 4 Apr 2014 to 5 Apr 2014 George

Taking control of your supply chain
SGS - 29 Apr 2014 Geneva

Green your home/guest house
Terra Firma Academy - 19 May 2014 to 26 Aug 2014 Johannesburg,Cape Town

Carbon footprint analyst course
Terra Firma Academy - 4 Jun 2014 to 21 Nov 2014 Durban,Cape Town,Johannesburg

South African Book Fair
Thebe Reed Exhibitions - 13 Jun 2014 to 15 Jun 2014 Cape Town

Gauteng Motor Show 2014
Thebe Reed Exhibitions - 25 Jul 2014 to 27 Jul 2014 Brakpan

Decorex Joburg
Thebe Reed Exhibitions - 6 Aug 2014 to 10 Aug 2014 Johannesburg

2014 Cape Homemakers Expo
Cape Homemakers Expo - 4 Sep 2014 to 7 Sep 2014 Cape Town


Upcoming events

Customer Experience World - 25 Mar 2014 to 26 Mar 2014 Johannesburg
Don't miss CEW Johannesburg 2014 for the opportunity to hear about the latest in customer experience, share your story and learn from peers. Read more >>


Japan Week - 26 Mar 2014 to 31 Mar 2014 Johannesburg
Japan Week is set to showcase a range of Japanese products. The event is free to the public. Read more >>



Quotes

Dan Stanford
"Experience is what you get when you don't get what you want."

More quotes  Submit a Quote

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