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Retail News

Now is the time to buy into franchising
Famous global franchises, like Starbucks, Café Rouge, Paul and Las Iguanas, are coming to South Africa en masse and it is as good for our taste buds, as it is for local entrepreneurs seeking new business ventures during turbulent economic climes. 3 Jul 2017
Nike to sell limited number of items on Amazon
NEW YORK: US Nike reached an agreement to sell a limited number of items directly on Amazon, executives said on Thursday, in a sign of the growing importance of the e-commerce platform. Nike executives described the venture as a "pilot" project to sell some shoes, apparel and accessories, confirming earlier press reports about a deal. 3 Jul 2017
L'Oréal to sell The Body Shop for €1bn
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#NEWSWATCH: Beauty products giant L'Oréal has signed a contract to sell The Body Shop to Brazilian cosmetics maker Natura Cosméticos for a reported €1 billion. 3 Jul 2017
H&M outpaces its slower rivals
Swedish fashion chain H&M continued its winning streak in SA, growing interim sales 32% in rand terms. This far outpaced the growth of domestic players such as Mr Price Group, Edcon and TFG. H&M's performance suggests it also did better than foreign competitor Cotton On of Australia, which may close some of its stores in the country. 3 Jul 2017
China's Alibaba boosts stake in SE Asia online sales
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SHANGHAI, China - Chinese e-commerce giant Alibaba said on Wednesday it would inject another $1 billion into Southeast Asia's Lazada, as the cashed-up company increases its stake in the region's nascent online shopping market. 30 Jun 2017
#FreshOnTheShelf: Single Batch vodka from Edward Snell & Co. arrives in SA
South African privately-owned wine and spirit merchant, Edward Snell & Co., has launched Single Batch, a new addition to the premium vodka category. 30 Jun 2017
Coca-Cola commits to 30% BEE stake
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The Coca-Cola Company and the Competition Commission have agreed on conditions to ensure that the long, drawn-out restructuring of Coca-Cola Beverages Africa (CCBA) does not face delays at the Competition Tribunal. 30 Jun 2017
How Cape firms secured R100m in halaal export deals
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Nine South African companies that participated in a trade mission to Senegal have clinched orders for halaal products totalling more than R100m over five years. 30 Jun 2017
RCS Group joins forces with Echangeur for inaugural Retail Summit
RCS Group, owned by BNP Paribas Personal Finance, a consumer finance business in Europe, hosted two sessions of its inaugural Retail Summit in Cape Town and Johannesburg. RCS partnered with Echangeur, the business unit of BNP Paribas Personal Finance, to bring South African retailers the latest retail and customer experience innovations. 30 Jun 2017
Honest Chocolate crowdfunds for Johannesburg launch
The success of the Cape Town-based Honest Chocolate over the past three years, following a crowdfunding venture, has encouraged the company to expand to Johannesburg, also through crowdfunding. 30 Jun 2017
Food, beverages and tobacco largest contributor to May's PPI increase
Production prices were up slightly in May in line with economists' expectations. The annual percentage change in the production price index (PPI) for final manufactured goods was 4.8% in May 2017, compared with 4.6% in April 2017. From March 2017 to April 2017, the PPI for final manufactured goods increased 0.5%. 30 Jun 2017
Ensuring safety and quality in glass packaging
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The popularity of glass packaging has remained strong for many years due to its numerous benefits to manufacturers, brands and consumers alike. It is a 100% recyclable product, meaning it can be infinitely recycled without any loss of properties, and rates of recycling are very high. 30 Jun 2017
Samsung to invest $380m in new US plant
NEW YORK, US: Samsung plans to invest $380 million and hire nearly 1,000 workers for a new manufacturing plant for home appliances in South Carolina, the company announced Wednesday. 29 Jun 2017
How Spree is transforming its customer experience through technology
Ahead of the CEM Africa Summit taking place in August, conference organisers Kinetic Events interviews Sven Schoof, head of customer experience at Spree, on how the online retailer is transforming its customer experience (CX) and why it's important for brands to keep innovating to remain relevant. 29 Jun 2017
How to handle franchisor-franchisee conflict
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Successful franchise businesses are characterised by strong relationships between franchisees and franchisors. There are times, however, when unresolved conflict between the two can jeopardise the business and, in some instances, even lead to the shutdown of a franchise operation. 29 Jun 2017
Manage laundry remotely through LG app
LG has launched six new models from the Titan range of washing machines, featuring SmartThinQ technology, which allows consumers to connect via Wi-Fi and select and initiate a wash or dry cycle, using the LG app on their smartphone. 29 Jun 2017
Double-digit growth at Vaal Mall
Vaal Mall has had an 18% increase in shoppers over the past year and an 11% increase in the last six months alone, driven by an array of new tenants. 29 Jun 2017
Catalina launches purchase-based digital coupon solution
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ST. PETERSBURG, US - Personalised digital media company Catalina is introducing to the US a new purchase-based digital coupon, called Segment Targeted Load to Card (SL2C). The solution leverages scaled shopper insights to deliver targeted offers to shoppers based on their past purchases. 29 Jun 2017
Research reveals key drivers of sharing economy
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A whitepaper, based on an investigation undertaken by Mastercard and The Future Agenda, reveals the key drivers of the ever growing sharing economy, outlining the challenges and future opportunities surrounding it. 28 Jun 2017
Packaging needs bold, agile, visionary thinking
According to packaging design agency Stratcom Branding, the packaging for the future requires bold, agile, visionary thinking beyond the aisle. It requires innovative designing for the experience and not just shelf impact and it requires smart enabling, to give proof of purchase, drive ROI and not loyalty awareness statistics. 28 Jun 2017
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