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Retail News

The decision to increase Sasko's bread price was based on operational costs and not the result of price fixing by a cartel, the Competition Tribunal heard on Tuesday, 23 June 2009. 24 Jun 2009
If customers are approached in the right way and at the right time, cross-selling can be a breeze. The trick is to understand the customers' needs and present them with the right solution when they're most likely to be receptive to your suggestion. Cross-selling mistakes, on the other hand, can jeopardise the entire sale. 24 Jun 2009
Minister of Energy Dipuo Peters is opposed to Eskom's application for she calls “a large tariff increase” as it's expected to negatively impact on the poor, especially during the current difficult economic times. 24 Jun 2009
Chefs invited to explore the flavours of Africa
Sunday Times and Foodcorp are inviting South African chefs to explore the flavours of Africa with the 2009 Food Awards at Foodcorp's new innovation centre, The 7th Floor, situated in Black River Park, Observatory, Cape Town on 2 and 3 September 2009. 24 Jun 2009
WASHINGTON: US President Barack Obama on Monday, 22 June 2009, signed a bill into law giving the government historic powers to curb cigarette makers, declaring the move emblematic of the change he is bringing to Washington. 23 Jun 2009
Saskos's GM for the baking division, Andries Goosen, on Monday, 22 June 2009, pleaded ignorance to the group's alleged participation in violations of competition law through price-fixing and division of bread markets. 23 Jun 2009
No more fake colours for Smarties
Nestlé South Africa is relaunching its popular Smarties brand - this time made with non-artificial colours. 23 Jun 2009
NAIROBI: Africa's regional trading blocs have developed a new strategic partnership to boost the continent's exports. 23 Jun 2009
The success of the plastic bag regulations could be measured by the significant reduction in the number of flat carrier bags used by consumers since 2003, Environmental Affairs Minister Buyelwa Sonjica said Monday, 22 June 2009. 23 Jun 2009
Junk Mail, ostensibly South Africa's leading classified publication, is moving with the times in light of the recent global economic downturn. For the past 12 years, Junk Mail has been exclusively offered as a paid service to its subscribers, but is now implementing a 'no more subscriptions, no more payments' initiative. 23 Jun 2009
Failing firms mark East London's malls
Failing businesses in East London's shopping malls have raised concerns about the viability of retailers in the city. 23 Jun 2009
Retail-focused Hyprop Investments has announced the appointment of Mike Rodel as CEO with effect from August, to oversee the completion of the company's R663m expansion programme launched last year. 23 Jun 2009
Trio takes 2009 Patrick Grubb wine-making bursary
Three promising winemakers have been selected as the recipients of this year's Patrick Grubb Bursary. The successful candidates, Nico Fischer of Simonsig, Andrew Williams of Steenberg and M'Daan Pieterse of Overgaauw will be given the opportunity to complete their tenures in the vineyards of some of the world's finest wine regions. 23 Jun 2009
A battle of the beers is on the brew
A beer battle is brewing at the annual Kirkwood Wildlife Festival, which takes place in the Eastern Cape town from 26 - 28 June 2009. 23 Jun 2009
Sovereign Food Holdings said on Monday, 22 June 2009, that it has had a very significant recovery in the first quarter of the year as a result of improved volume throughput and improved poultry prices. 23 Jun 2009
Economists predict the South African Reserve Bank (SARB)'s Monetary Policy Committee (MPC) is likely to announce a 50 basis point cut in the repo rate, when it meets this week. 23 Jun 2009
When US fast-food icon McDonald's opened for business in South Africa 14 years ago, there was excitement among consumers — but local operators responded by sharpening their own operations. 22 Jun 2009
Nando's not up ‘for sale'
South African fast-food icon Nando's has ended months of speculation that it might be sold to international food group Yum Brands, the US owner of KFC and Pizza Hut. 22 Jun 2009
Owners of franchise businesses who fail to comply with the Consumer Protection Act could end up facing fines of up to R1-million when the act becomes active in October next year, Simone Monty, a director of Routledge Modise in association with Eversheds, said in Johannesburg last week. 22 Jun 2009
It looks like consumers are getting ripped off on food prices, said a leading economist. 22 Jun 2009
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