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Retail News

#FreshOnTheShelf: John Dewar & Sons Scotch whiskies arrive in SA
John Dewar & Sons introduced South Africa to two of its brands Dewar's and Aultmore with a launch in Cape Town. 6 Jun 2017
Panicked Qatar shoppers stock up as Gulf rift bites
DOHA, Qatar - Shoppers in Doha were taking no chances on Monday despite Qatari officials reassuring residents there was no need to panic after Saudi Arabia imposed a de facto food blockade. Qatar shares its only land border with Saudi Arabia, and relies heavily on food imports, much of it from Gulf countries. 6 Jun 2017
Blockchain seen as tool in food safety
NEW YORK, US - The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table. Working with IBM, retail giant Wal-Mart Stores is testing the technology system on mangos in the United States and pork in China. 6 Jun 2017
Lewis shares rally as tribunal rules in its favour on club fees
Lewis said on Monday that the National Consumer Tribunal had ruled in its favour in the matter involving the furniture retailer and National Credit Regulator regarding club fees and extended warranties. 6 Jun 2017
Water from Air bottling plants offer entrepreneurial opportunities
To overcome the current water shortages around the country, a South African company, Water from Air, is offering entrepreneurial opportunities for businesses to produce and sell bottled water. 6 Jun 2017
Marie Claire SA launches digital fashion platform
Styled By Marie Claire' is a new digital platform offering on-trend, shoppable looks curated by stylists and influencers such as editor Jackie May, fashion director Tarryn Oppel and blogger Zipho Ntloko. 6 Jun 2017
New program has Wal-Mart workers making home deliveries
©Jonathan Weiss via 123RF
NEW YORK, US - Want something from Wal-Mart? Employees may soon bring it right to your doorstep. 6 Jun 2017
Stefan Rabe, Bounty Brands CEO.
Stefan Rabe, Bounty Brands CEO.
Bounty Brands, the acquisitive, fast-moving consumer goods conglomerate, has enticed the International Finance Corporation (IFC), a member of the World Bank Group, to become a strategic investor ahead of a listing in London and the JSE in April 2018. 6 Jun 2017
Industry 4.0 and IoT central to manufacturing transformation
©Andrey Armyagov via 123RF
Industry 4.0, otherwise known as the 4th Industrial Revolution, along with IoT (internet of things) is central to digital transformation in the manufacturing industry. Creating a significant level of manufacturing agility is key to making it possible for customers' needs, to be aligned with a business's ability to deliver a product - virtually on demand. 5 Jun 2017
Diageo renews commitment to sustainable packaging
Alcoholic beverages company, Diageo, is renewing its commitment to sustainable packaging with the release of its revised Global Plastics and Packaging Guidelines, coinciding with World Environment Day being celebrated today. 5 Jun 2017
#GFWS2017: Good brand hunting at the Good Food & Wine Show 2017
Not a regular attendee of foodie events, I wandered from the furthest reaches of the CTICC parking, already full by 10.30am on Saturday 3 June, to collect my accreditation into the halls of the Good Food and Wine Show 2017. 5 Jun 2017
Tiger Brands gets territorial in SA
When Lawrence MacDougall stepped into the position of Tiger Brands CEO in March last year, a lot was expected of him. But the veteran of 39 years in the fast moving consumer goods market has delivered - and then some. 5 Jun 2017
Rapid mobile shopping uptake among SA consumers: Spree
Online fashion retailer, Spree, has conducted a survey that indicates that there is a 167% increase in the number of people preferring to shop via their mobile phone over other devices since the survey was last run in 2015. 2 Jun 2017
Imbalie makeover takes a toll
©rido via 123RF
Small-cap salon franchisor Imbalie Beauty's headline loss widened in the year to February 2017, but management remains optimistic about the group's prospects. 2 Jun 2017
Cloud-based retail gets closer to the ground
©dolphfyn via 123RF
Once the darling of the US retail industry, Sears has become a poster-child of what happens when poor strategy meets brutal levels of digital disruption. The 131-year old retailer has lost a total of $7 billion in the last four years, and since 2010 its store footprint has dwindled from over 3500 to just 1500. 2 Jun 2017
Inner Secrets Lingerie ventures online
Upmarket swimwear, lingerie and shape wear retailer Inner Secrets Lingerie used its 11th birthday to announce and celebrate the launch of its online store. Officially live as of 1 June, the online store carries basic wardrobe essentials, including top-selling items from celebrated brands Simone Perele, Hanky Panky and Spanx. 2 Jun 2017
Mr Price Group accused of breaching National Credit Act
The National Credit Regulator has referred Mr Price Group to the National Consumer Tribunal for breach of the National Credit Act, following an investigation by the NCR, which revealed Mr Price has charged consumers a club fee on credit agreements. The National Credit Act does not permit the charging of a club fee on credit agreements. 2 Jun 2017
This footwear startup is using 3D imaging technology to give you the perfect fit
How comfortable are the shoes you are wearing right now? A tad too tight? According to a study by the College of Podiatry in the U.K., most people are walking around in shoes that are the wrong size for their feet. Sure, it might not seem like a big deal, but the larger issues it can cause - including bunions, foot deformities, and pain even when you're barefoot - certainly are. 1 Jun 2017
Six trends in retail payments
Payments technology plays a critical role for retailers, ensuring a fast and smooth shopping experience for consumers, as they transact billions of rand every month. Dave Glass, MD at payments technology provider Electrum, shares six retail payments insights. 1 Jun 2017
Image credit: Martin Rhodes via Business Day
Image credit: Martin Rhodes via Business Day
Grocery chain Spar cut its interim dividend by 6% to R2.40 from the matching period's R2.55, despite growing revenue and profit. 1 Jun 2017
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