February's retail trade sales showed a
year-on-year increase, with the
leap year attributed to the extra spring in its step, Stats SA reported last week. The Spark Cash Index also reported a
rise in cash withdrawals over the Easter period.
New research shows
loyalty programmes are growing as discretionary spending slows; Integer SA delve into
Dad's buying habits, while Carat checks out a
new purchasing demographic in young urban men.
Natasha Maroun gives advice on how to
manage the risk of owning a jewellery store, and Charles Pittaway tells us how to
survive entrepreneurial challenges.
In partnerships this past week,
GlossyBox and Stuttafords wrapped up a deal which will produce its first deliveries in June. And just this morning, Pick n Pay Express and BP announced the
formalization of plans to roll out more small-format PnP stores at BP service stations.
Lastly, for those Capetonians with a love for the fine, sweeter things in life, the
new Lindt Chocolate Studio & Boutique has opened at the Cape Quarter.
Bon appetit!Shan Radcliffe, Retail editor
Please send retail news to:
retailnews@bizcommunity.com
Responses to this column welcomed in our new online
editor's column archive.
Image:
10incheslab / FreeDigitalPhotos.net
