Retail Trends 2018

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Whitey stands by Christo Wiese

Former Shoprite Holdings CEO Whitey Basson says he vouches for the honesty of his friend and fellow Shoprite shareholder of many years, former Steinhoff chairman Christo Wiese...

By Mark Allix 19 hours ago

SA franchising sector retains global appeal

Despite 2017 being a tough year for business and consumers, South Africa has remained a desirable destination for global brands looking to expand...

18 hours ago

Joint venture set to bring superior blueberries to market

Combining their skills and strengths, Migiva Group and OZblu - currently one of the largest producers of blueberries in South Africa and Australia - have signed a joint venture agreement...

20 hours ago

South African litchis enter empty European market

"When litchi volumes from Madagascar, Mauritius and Réunion are low, it makes a massive difference for us."

17 hours ago

Kevin Hedderwick resigns as nonexecutive director of Famous Brands

Kevin Hedderwick has resigned as a nonexecutive director of Famous Brands with immediate effect, the owner of Steers, Wimpy and other fast food franchises said in a statement...

21 hours ago

Investment into African tech startups hit record high in 2017

Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of $195 million...

22 hours ago

Fresh crop of fashion talent advances in Standard Bank business accelerator

The Threads Accelerator, a fashion SME programme presented by marketing agency Nonzero and Standard Bank, has entered its second stage...

20 hours ago

Rhodes Food sales agreement will help Bos grow

Rooibos ice tea maker Bos Brands aims to double its retail market share in SA after announcing a sales and distribution deal with JSE-listed Rhodes Food Group...

By Marc Hasenfuss 16 hours ago

Logistics profitability lags due to skills shortage

A shortage of specialised skills that operate the technology optimising the distribution of goods to customers is threatening even the best efforts at scaling operational capability...

18 hours ago

Basson back in business on Clover board

Whitey Basson is back in the driving seat months after his exit from Shoprite, accepting an offer to become an independent nonexecutive director of JSE-listed dairy group Clover.

1 day ago

10 lessons from a successful crowdfunding campaign

After about 45 days of extreme effort, intense co-ordinating, crazy ideas and good luck, we managed to complete the most successful rewards-based crowdfunding campaign in South Africa to date with Sugarbird Gin...

By Rob Heyns 1 day ago

Untrustworthy memories make it hard to shop ethically

Imagine a shopper, Sarah, who is concerned about child labour and knows about groups like the Fair Wear Foundation that certify which brands sell ethically produced clothing...

By Rebecca Walker Reczek, Daniel Zane and Julie Irwin 1 day ago

False Bay Vineyards wine range gets facelift

"If we do in fact use grapes from old coastal vineyards, ferment them spontaneously with wild yeast and then age the wine in large wooden casks, why weren't we tying our flag to the mast and communicating those facts on the labels?"

1 day ago

EFF storms H&M at Mall of Africa yet again

Just as many South Africans were recovering from the drama caused by the Economic Freedom Fighters over the weekend, the red berets yet again stormed one of the biggest malls in the country...

By Neo Goba 1 day ago

Woolworths shares fall almost 10% after poor HEPS forecast

Woolworths share price fell as much as 9% to R57.64 on Monday morning after said its interim headline earnings per share were expected to fall as much as 17.5%...

By Robert Laing 1 day ago

Commission set to wrap up probe into school uniform sector collusion

The Competition Commission's probe into the supply of school uniforms has so far established that various schools had made exclusive supply deals with stockists...

1 day ago

Slight uptake in South African consumer confidence

The latest Nielsen South African Consumer Confidence Index (CCI) for Q3, 2017 reflects a five-point increase from the previous quarter to 83 points, the highest level since Quarter 3, 2016...

Issued by Nielsen 1 day ago

H&M 'racist' ad adds to company's woes

STOCKHOLM - A racism scandal at H&M is the latest indication of management problems at the Swedish clothing giant, once the darling of shoppers but now struggling to make the switch to e-commerce, analysts say.

2 days ago

Man's best friend goes high tech at gadget fest

High-end gadgetry showcased at this week's Consumer Electronics Show offered ways that smart devices can improve the lives of animals and their human friends...

2 days ago

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International

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff.

By Ann Crotty 12 Jan 2018

Woolworths adds Balmain brand

Clothing and food retailer Woolworths is looking to bolster sales in the struggling Australian unit by adding the Balmain brand to its offerings.

By Michelle Gumede 11 Jan 2018

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