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The changing face of retailCapping our DHL E-commerce MoneyAfrica coverage this year, I report back on the insightful presentation by Nic Harry Socks founder Nicholas Haralambous, in which he shared some of the factors contributing to the demise of physical retail as we know it. In other top news, a new report by IRI shows the growing influence and importance of specialist retail channels, which offer wider product ranges and higher customer satisfaction rates compared to mass market retailers. And 44 African countries signed the African Continental Free Trade Area Agreement at the 10th African Union Summit last week. Besides the agreement, which could make Africa the world's largest free trade zone, 43 nations signed the Kigali Declaration, while 27 countries agreed to ease mobility of people across the continent by signing the protocol on movement of people across Africa. In other news, Tiger Brands gives an update on Listeria testing results and Devan Moonsamy tackles the issue of classism in SA stores. Enjoy! Lauren Hartzenberg
Retail editor: Bizcommunity.comComment 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". | |  | Top stories |
Lauren Hartzenberg As store closures continue across the globe, we're witnessing the demise of physical retail as we know it...read |
| | | A new report by IRI shows that South African shoppers are diversifying their grocery purchases among a growing number of channels...read |
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Collins Mwai The African Continental Free Trade Area Agreement (CFTA ) could enter into effect by the end of this year following signing by 44 countries yesterday at the 10th extraordinary African Union Summit...read | 
Devan Moonsamy As much as we hate to admit it classism is still very much alive and well in South Africa, particularly within our retail sector. Devan Moonsamy unpacks the term classism and how organisations can train it out so that they are able to be a more inclusive...read | 
Tiger Brands has received two sets of independent laboratory testing results confirming the presence of Listeria at its ready-to-eat chilled process meat production facilities...read |
| | |  | Pick n Pay and Absa have partnered to launch a new Grocery Stokvel Account to cater for groups saving for groceries or other store-bought essentials. read | | |  | Matthew Kibby African countries from South Africa to Ethiopia to Nigeria are pinning some of their hope for economic growth and job creation on industrialisation... read | | |  | Logistics investments, new technology ... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales... read | |  | African e-commerce company, Jumia, has announced the launch of Jumia One, an all-in-one Android app that allows customers to conduct all types of online transactions including airtime recharge, DSTV and electricity payments... read | | |  | Samples of some of KwaZulu Natal's most irresistible food offerings will be available at the many gourmet food stations at Decorex Durban... read | | |  | Sportsgear maker Nike on Thursday announced the surprise departure of top executive Trevor Edwards, who was considered a potential successor to the firm's CEO... read | |  | British designer Kim Jones said on Monday that he was taking the reins at Dior Homme two months after quitting Louis Vuitton... read | |  | The Cape Town International Jazz Festival Sustainable Training and Development workshop took place on Tuesday, 20 March and weaved the thread between fashion and business in 2018... read | |    
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View gallery | | |  | Willowton Group has announced that they will absorb the one percentage point increase in the value-added tax rate (VAT) for three months... read | |  | Shoprite has announced that it has had to recall a batch of Farmer's Deli red viennas packed for the group from its perishable departments... read | | |  | Rich Haridy Space10 is Ikea's research hub and innovation lab, devoted to developing bold and sustainable new business models. The latest project to come out of the lab is a selection of five iconic fast food dishes... read | |  | Robert Laing Grand Parade has not managed to recoup its investment in the local rights for US chains Burger King, Dunkin' Donuts and Baskin-Robbins yet. read | | |  | Chris West, Bob Doherty & Tony Heron With profit-making still at the top of the food industry agenda - and the environmental costs of many food products hidden by complex supply chains - we need more than consumer power alone to achieve a truly sustainable food system... read | |  | Guy Rogers Only about half of the nearly R2bn raised through the plastic supermarket bag levy has been officially allocated to recycling... read | | |  | Michael Acott Food safety expert Dr Lucia Anelich says the listeriosis outbreak in South Africa has shown the urgent need for appropriate microbiological regulations for processed meats... read | | |  | Issued By Pyrotec The problem of counterfeit drugs is a global one. US pharmaceutical giant Pfizer, for example, says it has found fake medicines in at least 75 countries around the world... read | |  | Issued By Pyrotec An on-pack promotion is a fast, flexible and dynamic solution for driving purchases at retail, and Pyrotec PackMedia's Fix-a-Form booklet labels provide all the space needed to launch a new product or campaign... read | | |  | Issued By GfK South Africa Smartphone unit sales in South Africa climbed by around 21% in 2017, even as South Africans reduced their spending in most categories of the consumer technology market... read | | |  | Toys R Us and Babies R Us SA, invests further in store upgrades, with the revamp of its soon-to-be-unveiled flagship, high tech Canal Walk store... read | | |  | Sunita Menon While retail sales are expected to remain firm in the coming months, consumers will be more subdued than they were in the second half of 2017, when exceptionally strong spending was recorded... read | | | |  | Total prize money of up to R10m is up for grabs in the eighth annual SAB Foundation Social Innovation Awards and third annual Disability Empowerment Awards... read | | | | Sylvia Plath "Indecision and reveries are the anesthetics of constructive action." Tadao Ando "There is a role and function for beauty in our time." Jean Cocteau "I believe in luck: how else can you explain the success of those you dislike?" Alexander McQueen "You can only go forward by making mistakes." |
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