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Retail

In the face of disruption

In light of Youth Day, the 2016 Sunday Times Generation Next Youth Conference on 10 June saw marketing gurus gather to provide insight into how to understand young people. I covered the opening keynote by Justin Levin, MD of HDI Youth Marketeers, who provided an overview of the 12th Sunday Times Generation Next survey, the results of which were announced at the awards that evening.

The Consumer Goods Forum 60th Global Summit 2016 brought together top-level industry executives from across the globe to share experiences around the theme of 'seizing opportunities in the face of disruption'. For exclusive coverage of the three-day event which took place in Cape Town on 15-17 June, go to the special section.

In other news, Pick n Pay Stores has announced that it will collapse its archaic pyramid control structure Pick n Pay Holdings aka Pikwik in August, but according to reporter Marc Hasenfuss, the Ackerman family will retain voting control.

Jessica Tennant, 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".




Bizcommunity dotsWeekly top stories
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Pick n Pay finally collapses pyramid

Marc Hasenfuss

After persistent minority shareholder pressure in the past few years, supermarket giant Pick n Pay Stores will collapse its archaic pyramid control structure Pick n Pay Holdings (Pikwik) - but the new set-up ensures voting control remains with the Ackerman family... Read

Image credit © Pitchengine.com
Sneaker wars: Four ways to kick it with Afrillennials

Adidas and Puma have been hot on Nike's heels in the ongoing sneaker wars and even though Nike still holds the number one spot globally, the brand is suffering a massive drop off in the face of its competition. .. Read

The 2016 Sunday Times Generation Next results announced
The 2016 Sunday Times Generation Next results announced

The results of the 12th annual Sunday Times Generation Next youth survey were announced at an Awards event at the Sandton Convention Centre... Read

CGF Global Summit
Pick n Pay CEO Richard Brasher is optimistic, despite most African economies going through a rough patch.
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Supermarket giants focus on burgeoning Africa

Colleen Goko

The top 100 grocery retail companies in the world chose to focus their expansion efforts on Africa and the Middle East in 2015, even as countries in this region struggled with adverse economic conditions... read
#CGFSummit: Food safety, not just a Western luxury
#CGFSummit: Food safety, not just a Western luxury

Leigh Andrews

A customer buys meat and vegetables from your store. He goes home, eats that fresh produce, and contracts a serious illness. Possibly even dies. Here's how to prevent this nightmare from becoming a business reality... read
#CGFSummit: Reap the rewards of doing business sustainably
#CGFSummit: Reap the rewards of doing business sustainably

Leigh Andrews

'Shared-value sustainability' was a hot topic on the third and final day of the Consumer Goods Forum, with insights shared by Nestlé CEO and former Consumer Goods Forum co-chair, Paul Bulcke. read
UNIDO and GFSI sign MoU
UNIDO and GFSI sign MoU
The United Nations Industrial Development Organization (UNIDO) and the Global Food Safety Initiative (GFSI) have signed a Memorandum of Understanding (MoU) to signal their commitment to a large-scale partnership for food safety at a gathering of the world's consumer goods industry leaders at the CGF Global Summit... read
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Report on trends in international retail published
The second Internationalisation of Retail study, from the Consumer Goods Forum and Planet Retail, has shown that major retailers are still becoming more international rather than less so - and at a surprisingly swift rate... read
Steve Matthesen.
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#CGFSummit hears results of latest Nielsen retail study
The perception that emerging markets are no longer a source of future growth for retailers is a dangerous retail myth that needs to be dispelled, global consumer insights company Nielsen told the world's top consumer goods companies' CEOs at The Consumer Goods Forum Global Summit earlier this week... read
Image by 123RF
#CGFsummit Future of retailing in sub-Saharan Africa

Louise Marsland

Five things you need to know about the future of the retail market in sub-Saharan Africa... read
Internet disrupting in-store shopping
Internet disrupting in-store shopping

Colleen Goko

Customers still prefer to shop in bricks-and-mortar stores in SA, but this pattern of consumption is being disrupted and reconfigured by the internet... read
#CGFsummit: Reasons to believe in Africa
#CGFsummit: Reasons to believe in Africa

Louise Marsland

There are many reasons to invest in Africa and even more reasons to believe in Africa, international delegates were told at the Consumer Goods Forum global summit in Cape Town... read
#CGFSummit: Digitisation of everything
#CGFSummit: Digitisation of everything

Leigh Andrews

With customer expectations driving rapid change across the consumer goods and services industry, increasing the demand for innovative and personal experiences, it's time to welcome the era of living services... read
#CGFSummit: Rise of the premium private label
#CGFSummit: Rise of the premium private label

leigh andrews

Take an overabundance of FMCG products, add limited shelf space, as well as more competition from retailers' own labels and more frequent change of products stocked by retailers, and retailers and manufacturers alike need a radical new approach to maintain their market share. read
Willy Kruh.
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Research finds the need for companies to transform into 'omni businesses'
A survey of 400 consumer goods retail and manufacturing executives from 27 countries has revealed that companies that want to keep in front of change and secure competitive advantage are transforming themselves into fully integrated 'omni businesses'... read
#CGFSummit: Facebook disrupts retail
#CGFSummit: Facebook disrupts retail

Leigh Andrews

Facebook's not just for socialising with friends and family, it's also a cutting-edge way for marketers to communicate with consumers in the most personal way possible. Here's how... read

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Youth Month
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#YouthMonth: Marketing to the next generation

Jessica Tennant

The Sunday Times Youth Marketing Conference, which took place on Friday, 10 June, opened with a keynote by Justin Levin, MD of HDI Youth Marketeers, providing an overview of the 12th Sunday Times Generation Next survey... read
Read more
Banking & Finance
Outgoing Poundland CEO Jim McCarthy poses for a photograph in a store in London, the UK.
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Steinhoff reveals twist in pursuit of Poundland

Fifi Peters

Steinhoff International, after revealing itself as the mystery buyer of a sizeable stake in UK retailer Poundland, had by Thursday snapped up 23% of the discount store chain... read
Christo Wiese.
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Steinhoff buys controlling stake in Poundland

Robert Laing

Steinhoff confirmed on Wednesday it is the mystery buyer of a controlling stake in UK retailer Poundland... read
Vendor verification is part of business reputation
Vendor verification is part of business reputation
Having a good business reputation is essential for survival in the market place and is one of the most significant assets an organisation can have... read
Customers take a break at Virgin Active's Soweto gym. Picture:
Brait reports 76% growth in net asset value per share

Robert Laing

Brait, the owner of UK chains New Look, Virgin Active and Iceland Foods along with South African fast moving consumer goods group Premier, reported on Tuesday that its net asset value per share grew 76.7% to R77.12 over the year to end-March... read
Image source:
Is EFT the new payment comeback kid?

Johan Dekker

Electronic Fund Transfers may be one of the older payment methods on the block, but thanks to fraud and crime they are experiencing a revival... read

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Commercial Property
Mdantsane City turns eight and exemplifies the changing face of township retail
Mdantsane City turns eight and exemplifies the changing face of township retail
Previously a forgotten market - and especially in one of South Africa's poorest provinces, the Eastern Cape - townships were formerly dominated by informal traders and spaza shops... read
Investors fear Rebosis may be overpaying for Billion assets
Investors fear Rebosis may be overpaying for Billion assets

Alistair Anderson

Rebosis Property Fund's proposed R6bn deal with developer Billion Group is being queried by some investors who feel the group is overpaying for certain assets... read
CSI
MySchool partners with loot.co.za
MySchool partners with loot.co.za
MySchool MyVillage MyPlanet has announced a new partnership through which loot.co.za, one of South Africa's top-five online retailers, will join the fundraising initiative that raises millions of rand for schools and charities every year... read
Responsible donor exiting during tough economic times
Responsible donor exiting during tough economic times
Exiting social investment programmes can be a highly sensitive and difficult process for donors, grantees and beneficiaries... read
Fashion, Clothing & Textiles
Sara Maggioni
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Key fashion trends for the forthcoming season
Sara Maggioni, director of retail of WGSN, the trend authority, recently presented the Spring/Summer '17 Buyers Briefing at Source Africa, which presented key fashion trends for the season ahead, backed by extensive data... read
Doug Murray.
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Foschini sweetens Murray's stay as chief with share offer

Colleen Goko

The Foschini Group's (TFG's) CEO, Doug Murray, will reach retirement age in March 2017, but the company is in no hurry to see him go... read
FMCG
Bounty CEO Stefan Rabe.
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Four buyouts bring Bounty nearer listing

Marc Hasenfuss

Bounty Brands, the fast-growing consumer products distributor controlled by investment company Coast 2 Coast, has taken a big step towards securing foreign and local listings by snagging acquisitions worth a collective R1.2bn... read
Franchising
Franchise opportunity with Crumbs & Cream
Franchise opportunity with Crumbs & Cream
Crumbs & Cream, Cape Town's only ice cream sandwich store, is offering a franchise opportunity. Crumbs & Cream enables customers to create their own ice cream sandwich using freshly baked cookies and gelato... read
Packaging
Pyrotec PackMedia hosts agrochemical Open Day
Pyrotec PackMedia hosts agrochemical Open Day

Issued by Pyrotec

During May, Pyrotec PackMedia held an Open Day for its agrochemical customers to reinforce the benefits of Pyrotec PackMedia's informational Fix-a-Form booklet label, among other brands in the company's stable... read
How to change the consumables for a Markem-Imaje 9028
How to change the consumables for a Markem-Imaje 9028

Issued by Pyrotec

The Markem-Imaje 9028 small character inkjet coder is engineered to offer you market-leading technology that is simple and easy to operate... read
Market-leading machines for the food and beverage industry
Market-leading machines for the food and beverage industry

Issued by Pyrotec

Pyrotec PackMark offers a wide range of high-performance coding and labelling solutions specifically engineered for fast, accurate and reliable packaging lines in the food and beverage industry... read
Regulatory
Makro store in Midrand, Johannesburg.
Picture: Sowetan/Antonio Muchave
Tribunal to hear Massmart case against lease exclusivity clauses

Colleen Goko

JSE-listed Massmart has not given up the fight against lease exclusivity clauses which have hampered its expansion in malls around the country... read
Retail
Image by 123RF
#TRENDING: What do an umbrella, a shark and a house plant have in common?

Louise Marsland

The influential Consumer Goods Forum summit was held in Africa for the first time - these are the top trends emerging... read
Retail Marketing
OLX launches campaign to reposition brand
OLX launches campaign to reposition brand
OLX has embarked on an advertising campaign to reposition the brand to create a more emotional connection with South Africans... read
Cape Union Mart's product specialist presenting one of the 10 top gifts at Father's Day Experience
'Home of the Father's Day Gift' campaign unwrapped

Pasqua Heard

In the weeks running up to Father's Day on 19 June, Cape Union Mart launched the 'Home of the Father's Day Gift' campaign, with the slogan 'Celebrate Dad-ventures'. read
How to connect with SA's mass market and low-income consumers - Durban and Cape Town seminars
How to connect with SA's mass market and low-income consumers - Durban and Cape Town seminars

Issued by Knowledge Resources

Doing business with the poor is unavoidably complex. Here is your opportunity to get fresh perspective and real insights on how to reach, connect and serve SA's mass market and low-income consumers... read
Sales
Slowdown in retail sales signals growth drop
Slowdown in retail sales signals growth drop

Ntsakisi Maswanganyi

Retail sales moderated more than expected in April compared to a year ago, strongly signalling that household spending and economic growth will slow in 2016... read
US retail sales rise a tick more than expected in May
US retail sales rise a tick more than expected in May
WASHINGTON - US consumers spent slightly more than expected in May after a strong surge in retail sales the prior month, official data showed Tuesday... read
The new kid on the block: Sales Mobility
The new kid on the block: Sales Mobility

Daniel Bruwer, Issued by Field Office

Most sales managers dream of a more effective and efficient sales team. Luckily, every now and then a new tool surfaces that has the ability to nudge that team further in the right direction... read
Technology
BT and Gallerie Commerciali Italia to create new digital customer experiences for Italian shoppers
BT and Gallerie Commerciali Italia to create new digital customer experiences for Italian shoppers
BT has announced that it is working with Gallerie Commerciali Italia to create new digital customer experiences for shoppers in Italy... read
Business
The magic of Virtual Reality (VR) and how it's going to impact our lives real soon...
The magic of Virtual Reality (VR) and how it's going to impact our lives real soon...

John Sanei

I was inspired by Elon Musk in his recent interview at the Code Conference, where he was saying that games in the next five years will be pretty much exactly like real life... read
New business
  • New agency appointments for Edcon - more info

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Jobs offered
Senior Decor Sales Consultant - Umhlanga
WeylandtsSales opportunities at Weylandts, renowned for contemporary quality designs sourced from around the world and showcased in a beautiful environment where natural light and space enhance the merchandise. Read more >>



Assistant Retail Manager - Cape Town
WeylandtsWeylandts has a great opportunity for an experienced retail manager at their store in Green Point. Working in a beautiful space, running the showroom in accordance to overall company policy. Read more >>




New events to diarise
Brandlove customer journey design course
Brandlove - 7 Jul 2016 to 8 Jul 2016, Johannesburg


Inspiring data-driven retail
RetailNext - 23 Jun 2016, Cape Town


Effective customer care
Front Foot Strategic Consulting - 6 Jul 2016, Randburg | 7 Jul 2016, Boksburg | 18 Aug 2016, Randburg


Conflict management in the workplace
Front Foot Strategic Consulting - 11 Jul 2016 to 12 Jul 2016, Johannesburg, Randburg | 25 Aug 2016 to 26 Aug 2016, Randburg


People Management Skills for New Managers
Alusani Skills & Training Network® - 19 Jul 2016 to 20 Jul 2016, Johannesburg


Business management and leadership excellence
AO Development - 27 Jul 2016 to 29 Jul 2016, Ruimsig, Roodepoort


African Stomach Trade Industry Conference 2016
Ntsiki Business and IT International (Paty) Ltd. - 5 Aug 2016, Cape Town


Commercial Equipment Africa Exhibition 2016
Guangdong Grandeur International Exhibition Group - 5 Aug 2016 to 7 Aug 2016, Johannesburg


GIBS Employee engagement for better performance
GIBS - 30 Aug 2016, Johannesburg


Cape HOMEMAKERS Expo 2016
Cape Homemakers Expo - 15 Sep 2016 to 18 Sep 2016, Cape Town


Upcoming events
Digital SALT - 21 Jun 2016, Cape Town | 23 Jun 2016, Johannesburg
Digital SALT is for those who want to be in the know when it comes to understanding and communicating to consumers in a digital age; our panel of experts weigh in. Read more >>

E-Commerce Indaba Conference - 22 Jun 2016, Johannesburg
Join the two-day E-Commerce Indaba Conference and take your business online and increase online sales. Book online now. Read more >>

Entrepreneurship
Provox Centre for Public Relations & Communication - 27 Jun 2016 to 30 Jun 2016, Ferndale, Randburg


Quotes
Theodore Roosevelt
"Believe you can and you're halfway there."
John Lennon
"Everything will be okay in the end. If it's not okay, it's not the end."
Johann Wolfgang von Goethe
"Correction does much, but encouragement does more."
Mother Teresa
"Let us always meet each other with smile, for the smile is the beginning of love."
Aristotle Onassis
"It is during our darkest moments that we must focus to see the light."

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NeilRetail
@NeilRetail
24-hour shopping set to become a thing of the past as Tesco reduces store openings. https://t.co/DXz40KKfQR - Mon Jun 20
BDliveSA
@BDliveSA
US urged to take lead from SA in dealing with brewers' merger https://t.co/7ov72e9GrH - Mon Jun 20
RetailWeek
@RetailWeek
This week in retail: All eyes on Tesco for signs of turnaround progress https://t.co/j261aSRUY8 (£) - Mon Jun 20
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