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Location vital in successful franchising

Many people looking to open a business forget the golden rule of real estate - location, location, location. This is especially true for businesses that rely heavily on daily traffic in order to meet certain turnover objectives and even more so, when the stock that needs to be moved is perishable.

By Werner Hedder 17 Apr 2014 16:38

Retail sales slow down more than expected

Growth in retail sales slowed more than expected to a four-month low in February‚ reflecting households' moderating spending as higher borrowing costs‚ and rising food and fuel prices eroded their disposable income.

By Ntsakisi Maswanganyi 17 Apr 2014 15:34

Joburg replaces London as Orange service hub for SADC

In May 2014, Orange will open a local Johannesburg warehouse to support the sales of products (smartphones, tablets, computers, gadgets and accessories) from its online store. The warehouse will be located in Sunninghill and will replace London as the service hub for the SADC region, which has serviced both the European and South African markets since the launch of various online stores from January 2013.

17 Apr 2014 11:23

Computicket launches online deals site

Computicket has launched a new online platform offering discounts and value-added deals on entertainment and travel, made possible by its long-term partnerships with leading entertainment promoters.

17 Apr 2014 11:03

Jewellery vs chocolate treats this Easter

The consecutive string of public holiday during the last two weeks of April and the beginning of May is anticipated to encourage increased customer traffic this year. While supermarkets usually see sales dramatically increase over the Easter vacation, owing to the sales of chocolate bunnies and eggs, retailers this year forecast non-chocolate spend to increase as well.

17 Apr 2014 10:46

Randburg Square Mall upgrade attracts tenants, visitors

Randburg Square mall, owned by Vukile Property Fund and managed by JHI Properties, a member of Excellerate Property Services, has undergone a three-phase capital investment of approximately R207 million in upgrades.

17 Apr 2014 10:33

SABMiller's Africa sales slow growth

SABMiller's (SAB) fourth-quarter revenue growth fell short of analysts' expectations‚ sending the global brewing company's share price down by 2.21% on the JSE on Tuesday (15 April).

By Nick Hedley 17 Apr 2014 07:58

Creating shopping centres for consumers

A shopping centre is more than just bricks and mortar; it is a reflection of the evolution of consumers. Therefore, how a shopping centre's design reflects the values of its consumers plays an important role in its success.

By Danette Breitenbach 17 Apr 2014 07:58

Have you registered as an exhibitor for Food Hospitality World Africa?

If not, here is why you should.

Issued by Fiera Milano 16 Apr 2014 15:55

SA February retail trade sales up 2.2% y/y

Retail trade sales measured in constant (2012) prices rose by a lower than expected 2.2% year on year (y/y) in February from a revised 6.4% (6.8%) y/y increase in January‚ figures from Statistics SA showed on Wednesday, 16 February 2014.

16 Apr 2014 15:17

Managing credit ratings in business

In business, it is essential to manage the factors that could affect one's credit rating, as a key determinant in credit lending is past behaviour.

By Lee Bromfield 16 Apr 2014 11:38

Emerging retail patterns in Africa

GfK, one of the world's largest research companies delving into the marketing trends around the way people live, think and shop, has released its research conducted in South Africa, Kenya and Nigeria. The growth of Africa continues as the continent increasingly evolves and, based on this trend, major retail chains have seen the opportunity to capitalise on this growth and drive the evolution of modern trade through aggressive expansion into Africa.

16 Apr 2014 10:40

Townships are the new black

The township is no longer a foreign land far away and its story is no longer one of the haves and have-nots.

By Danette Breitenbach 16 Apr 2014 06:46