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Hey H&MSwedish multinational retail-clothing company, H&M has made its eagerly-awaited debut at the V&A Waterfront in Cape Town, with a Johannesburg outlet scheduled to open 5 November. Zeenat Moorad reports: "With developed economies increasingly saturated and competitive, a tide of investment has shifted over the past five years into population-dense emerging markets like SA, where aspirant consumers present an avenue of potential growth. Social media, the internet and television have all but dissolved market borders, creating a global shopper that never before has had such choice and access to brands." Moreover, the technology revolution has drastically lowered the barriers to entry for new, niche, smaller retailers to enter the market, resulting in increased competition for both traditional and non-traditional retailers. According to Deloitte's Retail Transformation report, a "big shift" is needed. South African retailers need to adopt new strategies if they are to continue creating value for consumers. Domino's Pizza just launched an online ordering platform, which will allow customers to order pizza in a matter of minutes. "Customers are increasingly looking for convenient solutions to make their time-pressured lives easier ... We have created a solution that makes [ordering pizza] a fast, efficient and engaging experience," said Jay Currie, CEO Food Division of Taste Holdings. Ahead of the Manufacturing Indaba's Western Cape roadshow next week, we interviewed Philippa Rodseth, who was recently appointed executive director of the Manufacturing Circle, on the challenges and opportunities facing local manufacturers, and how the Indaba plans to help them address or embrace them. Jessica Taylor, Retail Editor (@Biz_Retail)
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Esse Trust, the holding company for Esse Organic Skincare and Africa Organics, has announced that it is carbon neutral, making the company South Africa's first personal care company to achieve the designation... Read | Zeenat Moorad Apple fans ain't got nothing on H&M devotees. In SA's biggest display of launch mania, more than 2000 fashion lovers queued in line for the opening of cheap-chic retailer H&M's first store in South Africa... Read | BMi Research, the South African research house specialising in consumer and industrial research, has been acquired by Cognition Holdings... Read | Domino's Pizza has launched an online ordering platform, which will allow customers to order pizza in a matter of minutes... Read | South African parents are deeply invested in their families and therefore want the very best for their children - from the food they put in their mouths to the nappies they put on their bottoms - and they're willing to pay for it... Read | Jessica Taylor Here, Rodseth discusses the challenges and opportunities that manufacturers are facing in the Western Cape, and how the Manufacturing Indaba plans to help them address or embrace them... Read | South African retailers need to adopt new strategies if they are to continue creating value for consumers in the age of the so-called 'Big Shift', a socio-economic and technological revolution that has the potential to change the way that products are bought and sold... Read | Kim Lawrence On Thursday, 15 October the highly anticipated H&M VIP shopping evening had finally arrived... Read | The 2015 PACSA Food Price Barometer has found that low-income households cannot make it through the month on their incomes; they struggle to secure the goods and services needed to live at a level of basic dignity... Read |
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| Clicks Group (CLS) on Thursday said it would continue to invest for long-term growth, with record capital expenditure of R432m planned for the year ahead... read | | | Mark Allix Shoprite Holdings saw its share price slide 6.33% to close at R148.80 yesterday after it said its core South African customer base was under pressure from job cuts in the mining industry, rising electricity costs, general labour instability and a lack of job creation... read | | | Nicky Smith Is it a spirit or is it a wine? Drinks producer Distell's nine-year court fight to have its iconic "liqueur" Amarula Cream classified under the latter category has left it with a multimillion-rand hangover after the South African Revenue Service (SARS) emerged victorious, again, in the latest round of a long-running tax spat... read | | |
| COPENHAGEN - Toy maker Lego on Wednesday warned it may be unable to deliver all European orders in the run-up to Christmas due to strong demand, meaning some shoppers could face empty shelves... read | | |
| The Heidelberg Mall's shopper numbers and sales figures are still growing, a year after the mall opened in October 2014. Now, the one-stop family entertainment centre Hard Hats Entertainment will open at the mall before the end of October. Mr Price Sport is opening on 1 December, and the Black Steer steak house opened at the end of September. read | | | Alistair Anderson Delta Africa, formerly Delta International, has acquired significant interests in two Zambian shopping malls, extending its asset base into a third country... read | | | Retail Network Services has announced that it is working with the GMI Property Group on two new rural mall projects in Limpopo totalling R300 million... read | | |
| Tetra Pak's support of National Nutrition Week 2015 was a successful public-private collaboration between the Department of Basic Education, Clover and Tetra Pak, in which nearly 10,000 learners, their teachers, school employees, and food handlers benefitted... read | | |
| Motunrayo Shafau Here, Jovago - an online hotel booking service - shares some interesting ways to boost customer relations for small and medium-sized enterprises, which occupy a key part of the economies they exist in... read | | |
| Lynette Hundermark Retail is possibly one of the only sectors where physical and digital services go hand in hand. There is an expectation that in today's digital world the connected consumer can perform tasks... read | | |
| Royco has launched a new range of wet Recipe Bases that give consumers the confidence to expand their cooking repertoire with six authentic South African family favourite recipes offering all the benefits of a wet cooking aid while still involving them in the kitchen... read | | | J.C. Le Roux has launched a special edition J.C. Le Roux Scintilla 2008, presented in a cylindrical gift pack that doubles up as a cooler to keep the prestige cuvée perfectly chilled. Just add ice to the tube... read | | | A substantial number of Cape producers continue to lead the way globally, actively conserving part of their land and minimising their agricultural footprint while making enjoyable - and often impressive - wines... read | | | Krone has introduced a new way to enjoy all that defines Krone, with the release of Krone Chardonnay Pinot Noir 2015 and the Helix Concept... read | | | Belvedere vodka has revealed the Belvedere 007 SPECTRE limited editions in celebration of its partnership with the 24th Bond adventure, SPECTRE, due for release in the UK on 26 October, 2015 and in the US on 6 November 2015... read | | | Brandies produced by Distell have garnered the most accolades at the Veritas Awards, taking home a haul of medals... read | | |
| Zeenat Moorad Famous Brands, the owner of eateries such as Tashas and Mugg & Bean, will open up to 139 outlets by February next year as it seeks further market share gains in the thriving food service sector... read | | | The OK Franchise Division, a division of the Shoprite/Checkers group, has announced the winners of the Franchisee of the Year awards in their respective categories... read | | |
| Nick Rowley If we are to succeed in tackling climate change, it is vital that we preserve the terrestrial carbon locked up in our forests and soils... read | | |
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| Novus Holdings, previously known as the Paarl Media Group, has installed a new packaging gravure press for the production of labels and wrap-arounds at its Cape Town facility... read | | | It takes just a hint of bad news to send a highly rated company's shares sliding. It is a reality that has seen Nampak's rating slump over 40% from a 20-year high in late 2014... read | | | Issued by Pyrotec Pyrotec PackMedia's Do-It Hang Tabs and Display Strips provide just the right response to in-store emergencies such as a decrease in sales of a product or ineffective promotions... read | | |
| Williams Advanced Engineering, the division of Williams that commercialises Formula One-derived technology and know-how, has collaborated with UK start-up Aerofoil Energy to develop a new aerodynamic device that can significantly reduce the energy consumed by refrigerators in supermarkets and convenience stores. read | | |
| On the latest Biz Takeouts Marketing and Media Radio show, host Warren Harding interviewed Eugene Eloff from Super Scouts... read | | |
| Leading retailers, several of which are new to the Eastern Cape market, are flocking to Port Elizabeth in time for the festive season. At Baywest Mall alone, 26 new retailers will be opening before the year's end... read | | |
| Cashbuild, SA's largest retailer of construction materials, recorded double-digit revenue growth in the three months to September despite falling confidence among builders over the same period... read | | | | Issued by INET BFA | | | | NEW YORK - Coca-Cola reported lower third-quarter earnings on Wednesday in results dented by the strong dollar and lower soda volumes in the critical North American market... read | | | WASHINGTON - Wal-Mart caused a stir when it raised the pay of 500,000 of its workers. But now the US retail giant seems to regret the move after its profit outlook plunged, reviving a minimum wage debate... read | | | NEW YORK - Yum Brands, the owner of KFC, Pizza Hut and Taco Bell, announced on Tuesday it is splitting off its China business into a separate company... read | | | PARIS - French dairy giant Danone on Monday posted a 4.6 percent rise on a like-for-like basis in third-quarter sales, outstripping analysts' forecasts... read | | More International | |
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| Lisa Illingworth A key predictor in the success of an entrepreneur is his ability to develop and leverage relationships in the early stages of setting up his business... read | |
| Energetic marketing and event coordinator required for leading regional shopping centre in Cape Town. Work on exciting events and manage the PR portfolio as part of the marketing team. Read more >>
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| Buddha "The mind is everything. What you think you become." Wayne Gretzky "You miss 100% of the shots you don't take." Robert Collier "Success is the sum of small efforts, repeated day-in and day-out." Benjamin Franklin "If passion drives you, let reason hold the reins." Bill Gates "Your most unhappy customers are your greatest source of learning." | More quotes Submit a Quote | |
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