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Retail News

Massmart's Supplier Development Programme helps local manufacturers grow business
Massmart's Supplier Development Programme (SDP) has supported 32 small local manufacturers to gain access to market and form part of the broader Massmart supply chain, procuring an estimated R290 million from such manufacturers. The suppliers produce a variety of products ranging from cooler boxes, window frames, paint and bathtubs to adhesives and furniture. 22 Jun 2017
- Burger King
BURGER KING® SA crowns its first ever WHOPPER® Challenge champion
Can you stand the heat? Do you make the best WHOPPER® in South Africa? These are the questions BURGER KING® South Africa asked its employees as the global WHOPPER® CHALLENGE was launched in South Africa. 22 Jun 2017
South African Customer Satisfaction Index shows fondness for fast foods
©everythingpossible via 123RF
The Consulta 2016 National South African Customer Satisfaction Index (SAcsi) reflects that South Africans are fond of fast food but unhappy with municipalities and wireless providers. 22 Jun 2017
Image credit: Business Day
Image credit: Business Day
Shares in Woolworths, once regarded as a recession-proof retailer, are trading close to three-year lows as the company finds itself stuck between SA's stalling economy, the cash-guzzling turnaround of its David Jones acquisition in Australia and an impending competitive onslaught from Shoprite, which is moving up-market. 22 Jun 2017
PMI to invest $320m into German Heets production facility
Philip Morris International (PMI) will invest approximately $320 million in a new high-tech facility in Dresden, Germany, to produce Heets, the tobacco units to be used with the electronic tobacco heating device IQOS. Construction of the 80,000 m2 facility is scheduled to begin in late 2017. Operational in early 2019, the factory is expected to employ about 500 people. 22 Jun 2017
South African designers showcase their wares in Paris
Forty-two South African designers are currently exhibiting their artisanal goods at the renowned BHV/Marais in Paris, a department store of the group of Galeries Lafayette that attracts over 60,000 visitors daily. The exhibition, which runs until 31 July 2017, showcases South Africa's creative energy and its international design and cultural capitals: Johannesburg and Cape Town. 22 Jun 2017
Diageo buys George Clooney's tequila Casamigos for $1bn
LONDON,UK - Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion. 22 Jun 2017
Local divas launch Lux We Are More campaign
Lira, Nhlanhla Nciza and Moneoa have collaborated with Lux to produce the ‘We Are More' song, launched as part of the brand's new campaign. 21 Jun 2017
Last call for Retail, Design and Development Awards entries
There is still time to enter the Retail, Design and Development Awards (RDDA), hosted by the South African Council of Shopping Centres (SACSC). Entries for work completed between November 2015 and May 2017 must be in before 28 June 2017. 21 Jun 2017
Trends in tea packaging: Bosch Packaging Technology
For the tea industry, estimated in 2016 to be worth some €35 billion, a packaging supplier should understand exactly what tea producers need in order to achieve efficient production with consumer appeal. Selecting a supplier who has worked alongside numerous global tea brands is a significant step in the right direction, says Bosch Packaging Technology. 21 Jun 2017
Carla Fendi, one of fashion label's five sisters, dies
ROME, Italy - Carla Fendi, who along with four sisters helped build her parents' leather and fur goods shop in Rome into a global fashion powerhouse, has died aged 80, Italian press reports said on Tuesday. 21 Jun 2017
Retailers set to lose billions as card-not-present fraud rises
©Sergey Rasulov via 123RF
Retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next five years, according to new data from Juniper Research. The data found that a number of factors, such as the USA's shift to EMV cards, delays in 3DS 2.0 (3D-Secure) and click-and-collect fraud were key drivers behind the rise. 21 Jun 2017
The power of personalisation in customer service
Recently I came across a radio interview with a “personal branding specialist”. Addressing the listeners, the guest spoke of the importance of clearly defining “who you are", “what you stand for” and “what makes you stand out” on social media in order to attract commercial sponsors with “like-minded” values and interests. 20 Jun 2017
Introducing MobyMart, the autonomous grocery store on wheels
If you're currently in Shanghai, China, you might spot an odd-looking, unstaffed and driverless vehicle roaming the streets. Although it may look like a spaceship, it's actually the world's first self-driving supermarket. Developed by Wheelys - famous for their bicycle-powered coffee shop - the MobyMart is stocked with snacks, over-the-counter medicine and other assorted necessities. 20 Jun 2017
Tenacity, innovation key themes at FASA's 2017 convention
The 2017 Franchise Convention, sponsored by Absa, taking place on 29 June at the Kyalami Expo & Convention Centre is the lead up to the Absa Franchise Business Festival, from 30 June to 2 July, which will highlight franchise and business opportunities. 20 Jun 2017
Image credit: EY Canada via Twitter
Image credit: EY Canada via Twitter
President and CEO of AGT Foods, Murad Al-Katib, was picked from 59 individuals representing 49 countries and named EY World Entrepreneur of the Year 2017. He was chosen not only for his success in building a business empire focused on providing vegetable protein to the developing world, but also for helping to feed refugees. 20 Jun 2017
Loyal, long-term relationship building with Gen Z
Just when you're starting to get the hang of millennials, here comes Generation Z. Their oldest members may only just be starting to enter tertiary education, but they pack a purchasing punch that far outweighs their age. According to Sunday Times Generation Next research, the youth have an annual spending power of R134 billion a year, as well as an average of 66% influence on household spend. 20 Jun 2017
Opening up international markets for clothing and textile manufacturers
I am often asked what it is that prevents clothing and textile manufacturers from breaking into the international market. There are several answers to that question, but perhaps one of the most important elements is that many do not meet social auditing requirements. 20 Jun 2017
V&A Waterfront's Silo District welcomes retailers
Cape Town's new upmarket art and design space, the V&A Waterfront's Silo District, held a launch party to welcome its new crop of retailers, namely: The Guild Group, jewellery designer Kirsten Goss, fashion designer Kat van Duinen, lifestyle botanist Opus, and Glasshouse Rejuvenation, a high-end beauty salon. 19 Jun 2017
Amazon deal seen as disruptor of grocery business
©Marek Uliasz via 123RF
NEW YORK, US - Amazon's deal to buy Whole Foods Market injects even greater pressure into the food and grocery sectors at a time when e-commerce is already roiling retailers. 19 Jun 2017
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