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Mall of Africa opening A short week, but not short of big news... Top story is the opening of the highly anticipated Mall of Africa in Midrand, said to be the largest shopping centre on the continent. At 131,038m², "it is still far smaller than malls in many developing Asian countries, which tend to average around 300,000m²," reports Alistair Anderson. Morné Wilken, CEO of listed property fund Attacq, says that "the opening of this iconic mega mall marks a significant strategic milestone for retail in SA and indeed takes the African retail experience to a totally next-level..." In conjunction with Pick n Pay's full-year results presentation, the retailer announced that it will be making a foray into the Nigerian market through a joint venture with AG Levintis. "Nigeria is a country and a market which Pick n Pay cannot ignore in its quest for long-term sustainable growth," said Pick n Pay CE Richard Brasher. While the lack of formal players in Nigeria presents an opportunity, the challenge of succeeding on unfamiliar soil remains. We wrap up #CommerceMonth with Leigh Andrews' Behind the Selfie on Richard Wood, national retail solutions manager at Graffiti Retail Solutions, and Angie White sharing her opinion on how e-commerce affects the retail salesperson. May is #AfricaMonth at Biz, featuring key brands, finance, investors, organisations, industries and personalities making a difference in Africa across 18 industries. For more, check out the special section... Jessica Taylor, Retail Editor (@Biz_Retail)
Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news". | Weekly top stories |
Alistair Anderson South Africans' desire for new shopping centres has been insatiable, and another mall has entered the fray... Read | The various international retail chain store brands entering the South African market is a positive indicator for the country and highlights the opportunity that South Africa offers to international investors, despite the flurry of negative perceptions around the current local economy, according to Jeremy Lang, regional GM of Business Partners... Read | Colleen Goko Retailer Pick n Pay will be making a foray into the Nigerian market through a joint venture with AG Levintis... Read |
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|  | Angie White The digital landscape is booming, but now that it seems possible to do and buy almost everything online, what's happening to our counterparts out there in the 'real' world? read | |  | Leigh Andrews Take an 'agency management agency' that started in a spare room in 2008. Fast-forward to 2016 and Magnetic has just been appointed as management platform of choice for two Dentsu Aegis Network brands... read | |  | Leigh Andrews This week, we find out what's really going on behind the selfie with technophile Richard Wood, national retail solutions manager at Graffiti Retail Solutions... read | |  | Leigh Andrews Hot off the back of their PRISM Award 'campaign of the year' win, PR Expert shares insight into the top five PR trends of the moment as well as the importance of mentorship in building the industry's future professionals... read | |
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 | Ntsakisi Maswanganyi The cost of producing goods continued to rise in March - but at a slower pace - compared with a year ago, offering a respite economists warn is temporary... read | |  | The declining currency in South Africa has effects on all facets of the South African economy, especially on businesses. Some of these effects are positive and some are negative; however, over the years, Oscar Grobler, chairman of flooring company Nouwens Carpets, has learnt that a declining currency indicates that planning ahead is of importance to keep businesses afloat and to survive the economic storms... read | | |
 | Colin Mcclelland When Attacq snips the ribbon on its Mall of Africa in Johannesburg on Thursday, it will add to an oversupply of retail space that threatens to topple the best returns among SA's real estate investment trusts... read | | |
 | As part of Shoprite's 'Class of 2016' initiative, over 420 young South Africans will have their school fees paid for this year... read | | |
 | CRM emerged in the 1990s as an information technology solution for managing a customer database and, today, sits at a senior management strategy or executive level to deliver shareholder value to organisations... read | | |
 | Lalit Sharma Most online merchants focus on listing as many products on their website rather than focusing on their website's ranking on search engines... read | |  | Boris Dzhingarov, Issued by Monetary Library Whenever talking about en e-commerce website, the main focus that a business owner has is to increase conversions to a maximum. More sales automatically mean an increase in revenue... read | |  | Issued by Nielsen A new Nielsen study on Kenyan retailers and technology reveals that despite the massive uptake in mobile usage in Kenya, there is still significant scope for growth in the market, particularly in the retail environment... read | | |
 | Woolworths has won a total of 65 awards, including 10 Agri-Expo Qualité Awards, at the 2016 South African Dairy Championships, which were announced at a gala dinner in Cape Town recently... read | |  | "When the stakes are high, competition is fierce and change is rapid; market intelligence becomes crucial for success," said Nomzamo Radebe, president of the South African Council of Shopping Centres (SACSC) and CEO of JHI, speaking at the sixth annual SACSC research conference in Sandton recently... read | | |
 | Karl Gernetzky Workers demanding recognition of their trade union at JSE-listed dairy producer Clover on Thursday downed tools at the company's Clayville factory‚ in Midrand... read | |  | Retailers are using the drought to pull the wool over your eyes over sky-high meat prices. This is according to an Eastern Cape farmer who used social media to... read | |  | Michelle Gumede A growing taste for premium spirits among an emerging South African middle class has spurred an explosion in boutique gin producers who are using unique local ingredients to flavour their drinks... read | | | | |
 | It's being hailed as the largest shopping mall in the country, but anchor tenant Woolworths aims to do its part to ensure that the new R5bn Mall of Africa in Midrand, Gauteng, treads lightly on the Earth... read | | |
 | Issued by Pyrotec Engineered to save customers time and improve efficiency, the 9028 inkjet printer from Markem-Imaje, locally represented by Pyrotec PackMark, features an M6' ink circuit that is designed to be changed by machine operators in less than six minutes... read | | |
 | A petition against the eggs used in McDonalds meals in SA has been signed by 16‚756 supporters so far... read | | |
 | In March a team of Cape Union Mart employees set off to climb Mt Kilimanjaro in Tanzania. With its peak at 5895 metres above sea level, Kilimanjaro is a high-altitude mountain with snow, ice, wind and sub-zero temperatures... read | |  | While digital marketing spend continues to grow, companies could be missing out on making full use of all the information at their disposal, says James McCormick, Forrester's principal analyst serving customer insight professionals... read | | |
 | Spree.co.za has launched a campaign for Freedom Day this year. The #FeelFreeSA campaign features influential South Africans sharing what makes them feel free through a series of beautiful images and captions... read | | |
 | The services of two highly experienced personal shoppers are now available to all customers at the Menlyn Park Shopping Centre in Pretoria. Shoppers only need to do contact the centre and bookings will be scheduled at their convenience. Consultations will be held at the centre managements offices... read | | |
 | Issued by Magna Carta Clicks has announced the opening of its 500th store at the Mall of Africa - South Africa's largest single-phase shopping mall development to date... read | | |
 | Open-access Wi-Fi Network, VAST Networks together with Ruckus Wireless successfully deployed the continent's largest mall Wi-Fi installation, providing consumers and retailers with... read | | |  | Dominique Vidalon PARIS - French retailer Fnac raised its offer for Darty on Monday to about £900m ($1.3bn) in a final bid to win Europe's largest electronics retailer in a battle with SA's Steinhoff... read | |  | LONDON - BHS, the owner of department stores across Britain, has called in outside help to rescue the struggling firm from potential closure and the loss of around 11,000 jobs, administrators said on Monday... read | |  | SAN FRANCISCO - Online commerce colossus eBay on Thursday opened a virtual wine shop... read | | | More International | |
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 | Danette Breitenbach In South Africa, a surge is expected in digital in five years' time, with the current level of digitisation and integration expected to rise from 27% to 64%... read | |
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| | |  Join over 300 procurement professionals in Johannesburg on 11 May for the CIPS Pan Africa Conference to network with your peers and learn from the experts. Read more >> | | Sales and negotiationProfit Re-Engineering - 4 May 2016 to 5 May 2016, Johannesburg | 18 May 2016 to 19 May 2016, Cape Town | 1 Jun 2016 to 2 Jun 2016, Durban | 22 Jun 2016 to 23 Jun 2016, Johannesburg | | |
| Yiddish Proverb "What soap is to the body, laughter is to the soul." Zephyr Bloch-Jorgensen "Dedication involves making the space to let young ideas take hold; every tree was once a seed and every company was once an idea." Lyndon B. Johnson "Yesterday is not ours to recover, but tomorrow is ours to win or lose." Pablo Picasso "The meaning of life is to find your gift. The purpose of life is to give it away." Wess Stafford "Joy is a decision, a really brave one, about how you are going to respond to life." |
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