[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] In this week's top story, the Franchise Association of South Africa reveals that the fast food and quick service restaurant sector continues to show steady growth on the back of what has been a tough economic climate in South Africa.
In other top news, a strategic partnership between Mastercard and Unilever is helping micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses.
Meanwhile, Coca-Cola is celebrating 90 years of business on the African continent. Today, with the help of more than 55 bottling partners, the African business has expanded its portfolio of products into nearly all sub-Saharan African countries through its export business. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] This week we bring you two exclusive interviews with promising South African business owners. First up is Sibusiso Ngwenya, the young and driven founder and head designer of premium sock brand Skinny Sbu Socks. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] This week we're celebrating Darling Brew's newly-acquired carbon neutral status. Expected to offset a total of 687.96 tons of CO2 over the next year of production, the craft beer company has been declared Africa's first carbon neutral brewery. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] In top news this week, Australia's Gary Mortimer and Louise Grimmer look at how some retailers are moving away from price-based marketing to a focus on other attributes, such as sustainability, local produce and community. And Coke bottler Coca-Cola Beverages SA has committed to divert R3.9 billion in procurement spend, or 30% of the total, to black-owned and black women-owned organisations over the next three years.
Switching focus to online fashion retail, Spree's Vincent Hoogduijn outlines his top reasons why online shopping's share of total retail sales in South Africa will increase exponentially over the next three years. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] The DHL E-commerce MoneyAfrica conference kicked off in Cape Town on Wednesday, offering attendees two jam-packed days of insights relating to all things e-commerce.
I bring you feedback from Jonathan Neumann's keynote on how to crack e-commerce conversion. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] The annual Seamless Africa conference kicked off in Cape Town last week, serving up a healthy dose of professional advice and inspiration from leaders in retail, payments and fintech.
Forming part of the retail track, Ralph Lauren's Samantha Starmer presented on the topic of 'Store 4.0', sharing her thoughts on how the future of retail is the smart integration of physical and digital. Meanwhile, retail consultant Frans van der Colff explained why cultural nuance and the concept of community should inspire store design in Africa, and Action Gear's Warrick Kernes shared his winning recipe for customer service.
The second edition of Mastercard's Index of Women Entrepreneurs was once again released on International Women's Day on 8 March. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] Dominating local headlines since yesterday, the source of the world's largest Listeriosis outbreak, which has claimed roughly 180 lives since January last year, has been traced to an Enterprise Foods facility in Polokwane. An RCL Foods factory in the Free State also tested positive for Listeria, but samples from this facility are not the same strain that is causing the outbreak. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] In continuation of our SA Menswear Week coverage, I report back on the Fashion Talks segment which saw a handful of industry mavens share the social trends impacting the business of men's fashion in Africa. I also chat to Anthony Smith, founder of Cape Town streetwear label 2Bop, about the brand's new Autumn/Winter 2018 range, its community of brand advocates and how to balance creativity with the business of fashion. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] With many celebrating the sentiment of Valentine's Day with their significant other this past week, Mastercard released its annual Love Index, which showed that South Africans continue to say "I love you" by investing in experiences over material goods. Sentimental spending has increased by 50% since 2015, with the number of e-commerce transactions increasing by 990% between 2015 and 2017.
SA's fashionable crowd gathered in Cape Town's City Hall last weekend for the bi-annual South African Menswear Week (SAMW). read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] This week, Danette Breitenbach reports from the launch of the seventh Buy Local Summit and Expo presented by Proudly South Africa. The event promotes local procurement as a means to tackle South Africa's concerning unemployment rate, which now stands at nearly 28%.
Meanwhile, I chat to brand manager Malose Mabusela about the aim and uptake of the Bar One Gym Squad, a growing initiative that invites township communities in Gauteng, KwaZulu-Natal, Western Cape and the Free State to get active through free and frequent workout sessions.
In other top news, e-commerce platform Mall for Africa has expanded to 11 eleven new African markets, Pick n Pay has promised ongoing innovation in its convenience and ready-made meals range in 2018, and Wipro SA's Garth Meier details how digital integration is opening up a new world of opportunities in the retail sector.
All that and more. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] As Day Zero looms in Cape Town, many businesses have pledged their support to help mitigate the impact of the water crisis. Among them are bottled water companies, who will no doubt experience an uptick in sales as concerned consumers stock up. read more
[Lauren Hartzenberg, Retail Editor (@Biz_Retail)] Nearing the end of January means we've started wrapping up our annual #BizTrends2018 feature. Headlining this week, Dion Chang from Flux Trends takes us through the new rules of retail while Maryla Masojada shares Part 2 of Trade Intelligence's grocery retail trend report.
The topic of food safety also featured in a number of headlines this week. read more