27 May 2013

Retail

Weekly top stories


Associations

Banking & Finance
Reserve bank keeps repo rate unchanged
The Reserve Bank's Monetary Policy Committee [MPC] has kept the repo rate unchanged at 5% as expected by the market. Read more >>

I reckon Michael Jordaan's scared of flying
[Paddy Hartdegen] Maybe, at 46, he's just read Erica Jong's "Fear of Flying" and decided that what she says is true: So he's changing his life quitting First National Bank (FNB) and exploring new, more exciting and more rewarding challenges. Read more >>

Competition intensifying for Vodacom
[Thabiso Mochiko] Vodacom aims to deliver low single digit service revenue growth and "mid to high single digit" growth in earnings before interest‚ tax‚ depreciation and amortisation in the next three years‚ the company said on Monday (20 May)‚ when releasing its annual results for the year to March. Read more >>


Brand News
Dynamite comes in small packages
[Issued by Kraft Foods South Africa] Last year Halls introduced its new payoff line Breathe Deep. Make Your Move to consumers, encouraging them to embrace the moment, utilise their individuality and to go for whatever they want. Read more >>  visit press office >>


Commercial Property
Tiletoria expands options through acquisition
Tiletoria sees its recent acquisition of Gauteng-based Floors Direct as an opportunity to expand its operations and footprint beyond tiles and associated products into the laminate, solid, engineered, bamboo and vinyl flooring market. Read more >>

Rebosis gets support for Nthwese deal
Rebosis Property Fund on Wednesday (22 May) reported overwhelming support from its linked unit-holders with 99.9% of votes cast approving the fund's capital raising scheme to buy the Nthwese property portfolio. Read more >>


e-Commerce
GoGifting expands brand range
GoGifting, a social gifting pioneer launched in October 2012, has added 40 more brands to its catalogue, including Carrol Boyes, Pick n Pay, Cape Union Mart and Clicks. Read more >>


Education & Training
Portfolio Night Johannesburg: SA's All-Stars shortlist revealed!
[Issued by Bizcommunity.com] The young, the gifted and the motivated had the opportunity to present their portfolios at the inaugural Portfolio Night Johannesburg earlier this week, hosted by McCann Johannesburg, and Bizcommunity is thrilled to announce the judges' shortlist of five, one of whom will be the first SA Portfolio Night All-Star! Read more >>  visit press office >>


Exhibitions & Events
Calling all marketing professionals: visit Scan's stand at Markex!
[Issued by Scan Display] As a display specialist, Scan Display is renowned for its beautiful custom-designed and crafted exhibition stands. At this year's Markex Gauteng show, Scan plans to deliver its largest self-branded exhibition stand yet - with an 84m² foot print. Read more >>  visit press office >>


Fashion, Clothing & Textiles
Entries open for Elle Rising Star Design Award
Entries for the 2013 Elle Rising Star Design Award are now open for aspiring young designers who are final-year fashion design students or fashion graduates, with no more than three years' design experience and currently not employed by a South African retailer. Read more >>


FMCG
Cheeses solve retirement woes
Rina Belcher was working for a pension fund when she did a financial exercise to work out her retirement income and realised she was in trouble. "I told my husband, Norman, we've got to do something," she says. Read more >>

Exquisite tea range launched by Twinings
Twinings has added to its loose-leaf bagged tea range with its new Silky Pyramid collection, offering five unusual taste combinations and one staple favourite. Read more >>

Challenges face Pioneer this year
[Zeenat Moorad] Trading across Pioneer Food's product categories is expected to be challenging for the rest of the year as consumer spending remains constrained‚ the company‚ which reported its half-year results on Monday (20 May)‚ said. Read more >>


Hospitality
Tourism needs urgent boost to survive
Protea Hotels' chief executive Arthur Gillis is not happy about the 60% room occupancy levels across SA's hotel industry. Read more >>

Artisan Food Route offers best of Franschhoek
The newly launched Artisan Food Route offers visitors to the Franschhoek Wine Valley an opportunity to sample its finest artisanal and fresh produce including olives, cheeses, charcuterie and artisanal breads. Read more >>


Import/export
Cosmetic industry encouraged to expand
Trade and Industry Deputy Minister Elizabeth Thabethe has encouraged SMMEs in the cosmetic industry to formalise and export their goods to other countries. Read more >>

What's happening with SA port tariffs?
The deadline of 31 May for public comment on the new five-year plan for restructuring SA's port tariffs from 2014 is looming fast with just a week to go. Read more >>


Instore Media
XON's new ESL product solves retailers' promotional problems
[Issued by Skydirect] XON, through subsidiary Skydirect, has developed and brought to market Promo Clips, Out-of-stock Clips and Rail Inserts to complement the Pricer electronic shelf labels (ESLs) it supplies, implements and maintains. Read more >>  visit press office >>


Manufacturing
Manufacturers need global integration
During the latter years of apartheid, SA built more tanks than any other country on earth. Factories around the country churned out tens of thousands. Read more >>

Beer sales keep SABMiller's profits flowing
[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March. Read more >>

Sasol 'profiteering' from plastic sales
[Amanda Visser] Sasol Chemical Industries (SCI) was making excessive profits from its propylene and polypropylene sales in SA and its position of a low-cost producer should have been reflected in its prices‚ the Competition Commission's former chief economist‚ Simon Roberts said on Tuesday (21 May). Read more >>


Regulatory
FSB smacks Old Mutual's wrists
The Registrar of Long-term Insurance has initiated regulatory action against Old Mutual Life Assurance Company of South Africa for non-compliance with its Directive 159.A.i (LT & ST). Read more >>


Research
Climate can affect retail decisions
[Brandon Bester] Recent North American research into the effect of room temperatures on decision-making indicates that higher temperatures can hamper performance on complex decision-making processes. This has significance in the retail industry, as South Africa heads into winter. Read more >>


Retail Marketing
Royal Baking Powder thanks moms across the country
[Issued by Kraft Foods South Africa] This year marks the 150th birthday of Royal Baking Powder. To celebrate this momentous occasion and the moms who made it possible, Royal Baking Powder invited South Africans to become part of creating the world's largest Mother's Day card. Read more >>  visit press office >>

Oresti Trends Talk 2.0 - The Dynamic Consumer Landscape
[Issued by Ornico] Ornico CEO Oresti Patricios will share some insights on the trends that have defined the consumer landscape in both local and global markets on Thursday, 30 May, at Odd Cafe in Greenside, Johannesburg. Read more >>  visit press office >>


Retailers
Cars sales - dealers' confidence falls
[Alexander Parker] Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May). Read more >>

Mr Price pays dividend of 398c a share
Retailer Mr Price on Wednesday (22 May) reported a 26% rise in diluted headline earnings per share to 584.8c - up from 464.5c in the previous year - for the 52 weeks ending in March. Read more >>


Shipping & Transport
Nampak Megapak launches Mauser's IBCs in South Africa
[Issued by Nampak] Mauser's Intermediate Bulk Containers (IBC) are available for the first time in South Africa from Nampak Megapak. The 1,000-litre IBCs are designed for the bulk transportation of all liquids, including hazardous and sensitive products. Read more >>  visit press office >>


Supply Chain
Quality flour must produce reliable yields
The last few years have been financially difficult for the majority of businesses in South Africa, especially in the baking industry. There is no time or money for experimentation and companies return to tried and trusted methods for guaranteed results. By following this rationale, plans can be made and budgets can be accurately set and achieved. Read more >>


International

Nissan recalls 841,000 Micras and Cubes
TOKYO, JAPAN: Nissan said Thursday (23 May) it would recall some 841,000 compact cars worldwide because of a problem with the steering wheel. Read more >>

Kindle now available in 170 countries
NEW YORK, USA: Online retailer Amazon said on Thursday (23 May) that it is expanding sales of its Kindle tablet computers to "over 170 countries and territories around the world," and its Appstore to almost 200 countries. Read more >>

MTN offers brand value for shareholders
MTN was ranked 79th in the annual Millward-Brown Brandz Top 100 Most Valuable Global Brands survey released on Tuesday (21 May)‚ with its brand valued at US$11.4bn Read more >>

Cellphones let migrants send money home
BANGKOK, THAILAND: Asia's mobile revolution is set to transform the region's financial services sector, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday (20 May). Read more >>

More International


Government

Wildcat strikes no way to advance interests of the poor - Zuma
Trade union leaders should engage with union members to ensure that unnecessary labour action does not take place, President Jacob Zuma said yesterday, adding that wildcat strikes were no way to advance the interests of marginalised South Africans. Read more >>

Tolls needed to pay road bills
[Linda Ensor] The non-collection of toll fees could negatively affect the South African National Road Agency Limited's (Sanral's) ability to raise capital for infrastructure development projects‚ Transport Minister Ben Martins said in the National Council of Provinces on Wednesday (22 May). Read more >>

Visas for British tourists will hurt SA
Requiring British tourists to obtain visas to visit South Africa could negatively affect the country's economy, Beeld reported on Tuesday. Read more >>

Obama to visit SA
United States President Barack Obama will visit South Africa as part of his Africa tour next month. The visit, which will also take him to Senegal and Tanzania, is scheduled from 26 June to 3 July. Read more >>

More Government news


Lifestyle

Ford vans bring pain and pleasure
[Henrie Geyser: motoring editor] Volkswagen's Transporter and Hyundai's H1 which have been slugging it out for the top dog status in the local van market suddenly face a new challenge now that the once-popular Ford Transit has stepped into the ring proudly waving a string of international accolades. Read more >>

Cool Citroen with red-hot appeal
[Henrie Geyser: motoring editor] Citroen's cute little neck-twisting DS3 Cabrio, which caused as much of a stir at the Paris Motor Show last year as French supermodel Laetitia Casta strutting her haute courtier stuff on the runways of the fashion capital, is now brazenly flaunting its sexy topless appeal in local dealer showrooms. Read more >>

Step carefully when buying a car
[Henrie Geyser: motoring editor] The Consumer Protection Act (CPA), which came into effect in April 2008, has far-reaching implications for vehicle buyers, particularly those interested in acquiring a used vehicle, yet there still is a lot of ignorance around with buyers being taken for a ride because they don't know their own rights. Read more >>

Take time out to visit Prince Albert's little huisie
[Brian Berkman] Having a constant supply of water is what drew people to Prince Albert in the Karoo 250 years ago and it is one of the many reasons to visit now. Seeing water flow freely in channels in front of all the houses brings a cool idea to the usually hot Karoo. Read more >>


People on the move


New appointment at brandhouse - more info
Savino appoints solutions and research manager - more info



Jobs offered

Senior Accountant - Johannesburg
iStore Sales Consultant - Glenvista (Market related)
Internal Salesperson - La Lucia - Durban
Sales Representative - Sandton (Market related)
Regional Sales Manager - City of Cape Town Metro
Sales Reps - Countrywide
Field Marketing Manager - Sandton (Market related)
Apple Planner - Sandton (Market related)
Customer Service Agent - Western Cape
iStore Assistant Manager - Melrose Arch (Market related)
Planner - Cape Town Central



New events to diarise

The Launch of CEGID Retail Software in SA
AccTech Systems - 29 May 2013 Johannesburg
Hirsch's Umhlanga Networking Breakfast
Hirsch's - 30 May 2013 Umhlanga
The Scrum Framework
Scrum Solutions - 5 Jun 2013 to 6 Jun 2013 Johannesburg
The Twitter Marketing Method: Grow Your Business
BrandOvation - 6 Jun 2013 Johannesburg
Event Greening Training
Heritage - 11 Jun 2013 to 31 Jul 2013 Durban
Online Retailing with Want it All
Trade Conferences International - 19 Jun 2013 to 20 Jun 2013 Johannesburg
Join Artjamming for some winter holiday fun!
Artjamming - 24 Jun 2013 to 5 Jul 2013 Cape Town,Johannesburg
The World of Dogs and Cats and Pet Exhibition
WODAC - 19 Jul 2013 to 21 Jul 2013 Midrand
10th Annual Top Women Awards
Topco Media - 2 Aug 2013 Johannesburg
Eco-Logic Awards
Enviropaedia - 26 Sep 2013 Johannesburg


Upcoming events

Film Making Skills - Introduction - 3 Jun 2013 Centurion
For many aspiring film makers, producing a film is seen as a vastly complex and expensive process. This course will equip learners with the skills to write, direct and edit. Read more >>

Making CSI Matter 2013
Trialogue - 28 May 2013 to 29 May 2013 Johannesburg
National Wool Week
Cape Wools - 28 May 2013 to 3 Jun 2013 Johannesburg
WASTEX Africa
Osiba Management - 29 May 2013 to 31 May 2013 Johannesburg
IED and Wits Enterprise Breakfast Launch
The Institute for Enterprise Development - 29 May 2013 Johannesburg
The Launch of CEGID Retail Software in SA
AccTech Systems - 29 May 2013 Johannesburg
Hirsch's Umhlanga Networking Breakfast
Hirsch's - 30 May 2013 Umhlanga



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2013 Biz Trends Report

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