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Retail News

Fashion robot to hit Japan catwalk
TSUKUBA, JAPAN: Japanese researchers on Monday showed off a robot that will soon strut her stuff down a Tokyo catwalk. 16 Mar 2009
Coca-Cola commits to US$30m to clean water projects
ATLANTA, USA: The Coca-Cola Company announced today that it has committed US$30 million over the next six years to provide access to safe drinking water to communities throughout Africa through its Replenish Africa Initiative (RAIN). 16 Mar 2009
The controversy around Transnet's application for a big increase in pipeline tariffs has taken a new turn, with a leading member of the iPayipi consortium, the losing bidder for the right to construct the Durban-to Gauteng petroleum pipeline, joining the fray. 16 Mar 2009
Disney's solo video game strategy
Walt Disney is taking the wraps off an advanced new car racing video game, titled "Split/Second", that the entertainment company hopes will bolster its success in the lucrative gaming sector. 16 Mar 2009
Everyone knows cyber-crime is a cat and mouse game, usually involving a bit of social engineering to trick unsuspecting computer users into clicking a link, installing some software or providing valuable information. The latest trick in crooks' bags: "recession malware". This is a new generation of malware that exploits consumers' financial woes and other recession-era problems. It's trapping consumers and businesses alike. 16 Mar 2009
Car assemblers need price rises
The sickly rand is taking its toll on vehicle makers, which are making losses at a time when plunging vehicle sales and declining production volumes have kept the lid on car price hikes thus far. 16 Mar 2009
The system at work, tracking a sales rep.
The system at work, tracking a sales rep.
Fore Good Investments' Harding Group, a leading sales and merchandising company, has completed the development of its sales and information tracking information management system. The system is touted to give Harding's customers a competitive edge in the retail sector. 13 Mar 2009
Red warning lights are going off for many South Africans who are sinking deeper into debt. The economic decline, interest rate hikes and petrol, food and electricity price increases — which have outpaced salary increases — are all increasing the pressure. 13 Mar 2009
PARIS: French bloggers and high-tech experts have scorned plans to punish illegal downloaders by cutting off Internet access, saying the move was unfair, unworkable and would not stop online piracy. 13 Mar 2009
SA launches first Guess canvas sneaker
Lifestyle brand Guess is launching its much-anticipated range of canvas sneakers in South Africa in July 2009, ahead of its global counterparts. 13 Mar 2009
The motor industry is lobbying the government for more help in dealing with the recent collapse in its sales. This industry is not unique in suffering from the economic downturn. Demand has been falling across the economy, in sectors from housing to electronics to minerals. 13 Mar 2009
This week, Nintendo once again topped the news in the world of video games, taking a risk with the exclusive release of "Madworld", a violent, Mature-rated game for the Wii, a console that generally supports wares of a more family-friendly variety. 13 Mar 2009
eBay lays out game plan to recapture glory days
Executives at flagging online auction site eBay outlined a plan Wednesday, 11 March 2009, to revive the once-mighty Internet company's fortunes. 13 Mar 2009
KWV could list after restructure
Premium wines and brandies producer KWV is to restructure, which may see it finally list its operating entity, which produces export-quality products. 13 Mar 2009
The Treasury has finally released the structure of tax incentives worth about R5bn to encourage large industrial projects in support of SA's industrial strategy. 12 Mar 2009
With four consecutive months of negative growth in manufacturing data, the sector could be heading for a recession with production dropping 11.1% from January 2009 compared to January last year. 12 Mar 2009
Ferrero's sweet SA expansion
Ferrero, the fourth largest global confectionery business with a turnover in excess of 7 billion Euros from its famous international brands, Ferrero Rocher, Tic-Tac, Kinder and Nutella, has expanded its operations in South Africa. Job creation, local manufacture and the development of raw materials are just some of the spin-offs of its long-term commitment to grow its South African interests. 12 Mar 2009
Celebrating vintage anniversaries
Award-winning wines and rare Cape finds will once again be showcased at this year's 35th Nederburg Auction, which takes place from 11 - 12 September 2009, at Nederburg in Paarl. Of particular significance is the fact that the annual auction coincides with the celebration of 350 years of winemaking in the Cape. 12 Mar 2009
NAIROBI, KENYA: The International Monetary Fund (IMF) has warned that Africa's economic growth will be affected by the continuing world economic crisis. 12 Mar 2009
New Clicks to sell Musica store leases to MTN
New Clicks Holdings on Thursday, 12 March 2009, said that it is to sell up to 17 Musica retail outlets to MTN and to release space for MTN in six other Musica stores. 12 Mar 2009
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