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Pareto ends the year with a BOOM Pareto Limited has acquired a 100% stake in Menlyn Park Shopping Centre in Pretoria, the management of which will now fall under Pareto's newly established property management company, Mowana Properties. CEO Marius Muller provides an outlook for 2015's festive season sales. While sales are likely to be flat and hard-pressed to beat inflation, consumers are equally hard-pressed for time, but there is one place where bigger is better this festive season, and that is the regional mall, he says. Deloitte released its 2015 Year-end Holiday Survey, suggesting that consumers are cutting back on discretionary expenditure on luxury or non-essential items, and demanding more from retailers in terms of lower prices, better service and responsible business practices. Charlene Olivier shares her opinion on the shopper revolution. "It's a romance that has gradually gone from a loyal shopper-based living arrangement to one of superficial promiscuity, where the newest, fastest and sometimes most affordable is far sexier... The digital retail platform," she says, "has allowed us to satisfy our hunger for that shopper rush, without getting out of bed and dressing up to go face the masses... guilt-free." Exclusive Books at Hyde Park Corner is embarking on an 'experiventure' - part social experiment, part commercial adventure, says CEO Benjamin Trisk, marking the second store to transform into a restaurant with books. However space remains a challenge. "We've done half of the Waterfront (store). We need to finish, and we need more space there," he says of the 800m² space. "We've also got to redo (the store at) Cavendish (Square). I want more space, it's a very successful store, we need to do something that honours our customers there," he says. Jessica Taylor, Retail Editor (@Biz_Retail)
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Antoinette Coetzee says the festive trading period is likely to be a short one this year, characterised by shoppers opting for quality over quantity, and driven by promotions and the desire for experiential offerings... Read | The Menlyn Park Shopping Centre in Pretoria is now wholly owned by Pareto, which previously owned a 50% stake and last week took transfer of the remaining 50% stake from Old Mutual Life Assurance Company... Read | Sue Blaine It's a social experiment and a commercial adventure, an 'experiventure'," says, Exclusive Books CEO Benjamin Trisk of the bookseller's new store in Hyde Park Corner, Johannesburg... Read | South Africa is experiencing droughts, heatwaves and unseasonably cold weather, and so, recognising the crucial role played by trees in absorbing greenhouse gases that fuel global warming, Unilever South Africa has, in partnership with Wildlands, planted 195,770 trees across South Africa... Read | Sane Mdlalose There are many macro trends, globally and locally, which affect both retailers and brand manufacturers in the consumer goods space... Read | South African consumers are cutting back on non-essential items as lacklustre economic growth forces them to curb discretionary spending, according to Deloitte's 2015 Year-end Holiday Survey... Read | Nedbank has launched a customisable 'order ahead' solution that will enable merchants to provide fully integrated digital payment solutions to their customers... Read | Charlene Olivier Rewind a couple of years and you'll find that it's not so long ago that we had to wait all weekend for the store doors to re-open... Read | The upcoming festive season is set to be tough and highly competitive for retailers, according to Marius Muller, CEO of Pareto Limited. "Holiday sales are likely to be flat and hard-pressed to beat inflation. Consumers are really feeling the pinch... Read |
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 | According to a recent study conducted by Ipsos, cross-border shopping is a growing trend with around 80% of shoppers going international when purchasing goods online... read | | |
 | On the latest Biz Takeouts Marketing and Media Radio show, host Warren Harding interviewed NATIVE VML... read | | |
 | WASHINGTON - Walmart on Thursday announced it was launching its own mobile payments service, challenging similar offerings from Apple, Samsung, Google and others... read | |  | Nedbank and Chesa Nyama have announced a strategic funding agreement through which Nedbank will offer financial assistance for prospective Chesa Nyama franchisees... read | | |
 | The new multi-million rand Cosmo Mall Pedestrian Bridge, developed by the Bentel Group, the owner and developer of the mall, will open to the public later this month just before the peak festive season trading... read | |  | Alistair Anderson Rebosis Property Fund has decided to focus on shopping malls, shifting its government-tenanted offices gradually into subsidiary Ascension Properties as it looks to attract retail-hungry investors... read | |  | The first phase of a new Canal District at the V&A Waterfront in Cape Town is under way with a corporate head office for British American Tobacco South Africa (BAT South Africa) as the first project in this mixed-use area... read | | |
 | Leigh Andrews An online property portal that also offers educational videos and a popular TV feature where the lucky winner receives a home are part of Private Property's successful e-commerce model... read | | |
 | The Australia-based Cotton On Group, the fashion retail group, is predicting its strongest festive period yet in South Africa, with an expected 20% growth in year-on-year sales... read | |  | Mark Allix Edcon's new Australian CEO Bernie Brookes promises the faded retail giant's star will shine brightly again... read | |  | A market traditionally regarded as an afterthought, tweens - youths aged between nine and 16 - are increasingly brand savvy and spending more of their pocket money on clothing than on anything else, and retailers are starting to sit up and take note. read | |  | Popular Nelson Mandela Bay fabrics company Mums has gone under and will soon go under the hammer, spelling the end of an era for many in the city... read | | |
 | Issued by BMi Research Recent findings released by BMi Research reveal that the sorghum beer market in South Africa has been steadily declining over the past three years... read | | |
 | Issued by Rentokil Initial Choosing a professional, registered and reputable pest control partner is critical if you want to combat pest infestations in a safe and environmentally responsible fashion... read | | |
 | The Fish & Chip Co. has unveiled a new corporate identity, menu design and store look... read | | |
 | Fifi Peters Labat Africa is in advanced talks with three companies regarding further possible takeovers. The investment holding company, which this year bought... read | | |
 | Nicholas Northcote and Paul Jacobson By moving beyond products that are proven export successes like vehicles, and into product adjacencies such as vehicle component kits, South Africa could add more than R500 billion to exports by 2030... read | | |
 | Constantia Flexibles has completed the acquisition of the South African flexibles packaging group Afripack after receiving approval from the relevant anti-trust authorities... read | | |
 | Issued by BMi Research The drinking yoghurt market in South Africa experienced its lowest growth since 2009, increasing during 2014. The category itself has been very stable, with little movement internally from players... read | | |
 | Jameson has beaten Hennessy after the two went mano a mano in television ad campaigns... read | | |
 | Ntsakisi Maswanganyi Retail sales growth performed better than expected in October, providing a glimmer of hope that the sector will lift economic activity in the fourth quarter... read | |  | Retail sales growth is recovering despite concern about slow consumer spending due to the weaker rand... read | |  | Many small businesses are following the lead of their larger counterparts by harnessing the power of big data to understand customer buying trends better, in order to increase profitability during busy holiday periods... read | | | | |
 | As part of its annual national Supplier Awards, the Shoprite Group of Companies has recognised Tru-Cape Fruit Marketing as a Supplier of the Year for fruit and vegetables... read | | |  | MADRID - Spanish global clothing giant Inditex, owner of the Zara brand, posted on Thursday a 20-percent surge in nine-month net profits as its investments and expansion began to pay off... read | |  | LONDON - Famous French brand Taittinger on Wednesday announced plans to become the first Champagne house to produce premium English sparkling wine with the purchase of farmland in Kent... read | |  | WASHINGTON - Yahoo said Thursday it would seek a "reverse spinoff" that would separate the Internet company's core operations from its holdings in China's online giant Alibaba... read | |  | DAMASCUS - Syria will export more than 700,000 tons of citrus fruits to Russia to "fill the gap" left by Moscow's ban on Turkish agricultural products, officials said Tuesday... read | |  | NEW YORK - Shares of Chipotle Mexican Grill fell on Monday after the restaurant chain projected much lower-than-expected profits on plunging sales due to an E. coli outbreak in the United States... read | |  | NEW YORK - Keurig Green Mountain, maker of single-cup coffee pods and makers, said Monday it is being bought for $13.9 billion by a group of private investors led by JAB Holding Company... read | | | More International | |
|  | The Ingenico Group has announced that Kero, the Angolan retailer, is equipping its major stores with Ingenico smart terminals... read | |  | The Tete Junction shopping centre opened recently in the Tete Province of Mozambique. The centre features the first Shoprite store in the province... read | | | More Africa | |
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 | Daryl Blundell For small businesses, the festive season might be their busiest time or an opportunity to regroup for the New Year. Here are eight ways to make the most of the holidays... read | |  | Lisa Illingworth Africa is perceived as a gem of untapped markets, as the new frontier for businesses with the potential for exponential growth... read | |  | Deirdre Elphick-Moore Each day we make thousands of decisions. Most are fairly insignificant, but others carry weight and consequences, like some of the decisions you find yourself having to make... read | |
|  | Goodnight Drink SA seeks to employ an ambitious, driven and professional national sales manager to help us develop and expand our product, as well as create more brand awareness. Read more >> |
| | | Effective customer careFront Foot Strategic Consulting - 21 Jan 2016, Randburg | 22 Jan 2016, Boksburg | 16 Feb 2016, Randburg | | | | |
| Mollie Marti "Lineage, personality, and environment may shape you, but they do not define your full potential." Pandora Gray "Life is a journey worth making." Gregg Harris "Do ordinary things extraordinarily well." Lailah Gifty Akita "Self-confidence and self-courage are your greatest strengths." Marilyn Suttle "Optimists move through life with a happy exterior. What happens on the inside shows up on the outside." |
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