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Retail

Whining and wining

Well, it's that time of the month again... That time to go rushing off to your local petrol station to fill up your tank before midnight tomorrow. But I don't have the energy to whine about the latest fuel price hike, so let's move on to the other kind of wine...

Today, Jason Frichol gives us some advice on how best to optimise selection and navigation in order to assist winers (like himself) explore the wonderful (but daunting) world of wine. Doug Mayne also tells us to 'get real' - what shoppers want is an authentic experience.

KPMG tells us that Africa's growing middle class consumer market offers countless business opportunities, while Jessica Taylor finds out from Zando's Zakirah Rabaney that 'local is the new luxury'.

In business acquisitions this week, Famous Brands ventured into the frozen yoghurt market, Delta Property Fund is looking to buy Tembisa Mega Mart, Astral announced its purchase of poultry and abbatoir assets through liquidation auctions and a number of JD Group shareholders have agreed to Steinhoff's buyout offer.

Have a wine-filled* week...!

*This is not for persons under the age of 18. Please drink responsibly.

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

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Today's top stories
It's time to wine

Jason (Frich) Frichol

One of my greatest frustrations is shopping for wine. I, like most winers, have my favourites but I'm also a variety seeker. And in a self-service environment, I can go to a number of stores/channels in close proximity that stock my favourites. But as a variety-seeking wine shopper, no one store is speaking to me.

Read more >>

Astral buys abattoir, poultry assets on liquidation auctions

Nick Hedley

Indicative of the pressures facing the poultry industry - especially its smaller producers - Astral Foods (ARL) has added to its operations through two liquidation auctions this month.

Read more >>

Protecting the supply chain

Jayson O'Reilly

Sophisticated cyber 'gangs' are gaining traction, and they have not only the motivation, but the ability and techniques to carry out these attacks, which are happening more and more through a business' supply chain.

Read more >>


Retail Trends
Flux Trends unpacks hybrid customers
'Blurred Lines', the latest trend report from Flux Trends, looks at the complex characteristics of the hybrid customer, who is using new technologies to navigate the bricks and mortar environment, while simultaneously embracing the virtual world of online shopping. Read more >>

Brand News
Distell's employee share plan pays out R600m
In a milestone for Distell's black economic empowerment (BEE) deal, signed in 2005, the share trust has paid in excess of R600-million after tax to about 4000 employees as part of its employee share ownership plan (ESOP). Read more >>

Exhibitions & Events
Fine Brandy Fusion 2014 tickets on sale from April
Early bird tickets for the Fine Brandy Fusion 2014 shows in Cape Town and Johannesburg go on sale on 1 April. Sponsored by Standard Bank, they take place at the Cape Town International Convention Centre on 22-23 May and the Sandton Convention Centre on 5-6 June. Read more >>

Hospitality
Empowerment fund to aid tourism sector
A new empowerment fund to be launched in May will allow large companies in the tourism sector to boost their empowerment scores by investing in small businesses. Read more >>

Manufacturing
Oracle Innovation Day in South Africa

Issued by 4 Dimensions Advertising

Don't miss the opportunity to be one of the executives at Oracle Innovation Day - sponsored by: Intel, Adapt IT, Axizworkgroup, Ristec and Falcorp. Read more >>

Clover Industries deals coming through
Despite trying times for food producers and retailers, the dairy sector is doing fairly well, and heading the sector is Clover Industries' according to Vunani Securities analyst Anthony Clark. Read more >>

Shipping & Transport
Petrol price to increase in April
The price of a litre of 93-octane petrol will increase by 5 cents a litre while that of 95-octane petrol will increase by 7 cents a litre in Gauteng on Wednesday, 2 April 2014, the Energy Department has announced. Read more >>


International

Russia's Avtovaz reports net loss
MOSCOW, RUSSIA: Russia's leading car manufacturer, Avtovaz reversed into a net loss last year because of a sales slump on the Russian market, the company reported last week. Read more >>

BlackBerry still bleeding with US423m loss
MONTREAL, CANADA: The struggling smartphone manufacturer BlackBerry reported a loss of US$423 million in the fourth quarter of its 2014 fiscal year, with revenues still falling. Read more >>

Microsoft's Nadella crows over iPad Office release
SAN FRANCISCO, USA: Microsoft chief Satya Nadella took to Twitter to crow as Office software tailored for iPads soared to the top of the charts at Apple's online App Store. Read more >>


More International


Galleries

MBFWJ 2014

More

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Government

Africa's resources key to unlocking its wealth

Ndaba Dlamini

Africa, it seems, is on the rise. The size of the economies of most countries on the continent is growing and economists are predicting that by 2050, Africa's economy will reach U$13-trillion. Read more >>

Mine to create over 3000 jobs for NW

More Government news


Lifestyle

The gods must be happy

Eugene Yiga

A shared love of food brought Agnes and Jonny together. The very same love has also made their restaurant, Manna Epicure ("heavenly food"), such a success. Read more >>


New accounts

  • Fashion Media secures additional rights within Edgars - more info

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Jobs offered




New events to diarise

Environmental strategy
Terra Firma Academy - 9 Apr 2014 to 12 Sep 2014 Johannesburg,Cape Town

Insurance Claims Management Conference 2014
Trade Conferences International - 15 Apr 2014 to 16 Apr 2014 Johannesburg

Millionaire to Billionaire Conference
African Billionaire Events Management - 26 Apr 2014 Johannesburg

Banking Customer Conference
Trade Conferences International - 14 May 2014 to 15 May 2014 Johannesburg

The New World of Finance Conference
GIBS - 15 May 2014 Johannesburg

Residential energy assessor
Terra Firma Academy - 20 May 2014 to 27 Aug 2014 Johannesburg,Cape Town

Solar PV feasibility assessment
Terra Firma Academy - 29 May 2014 to 8 Aug 2014 Cape Town,Johannesburg

Africa Health Exhibition and Congress
Britespark Communications - 29 May 2014 to 31 May 2014 Johannesburg

Classic Car Show
Classic Cars - 6 Jul 2014 Johannesburg

SAVCA-GIBS foundation programme for private equity
GIBS - 6 Aug 2014 to 8 Aug 2014 Johannesburg


Upcoming events

Sheer Glamour Show
2 Apr 2014 Johannesburg


Quotes

C. S. Lewis
"You are never too old to set another goal or to dream a new dream."

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