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Retail News

A new report, "European OOT retailing 2008", published this week by retail analysts Verdict Research, part of the Datamonitor Group, in association with the leading global real estate service provider Savills, finds that despite the credit crunch, there are still significant opportunities for retailers and developers in the European out-of-town (OOT) arena, with the Mediterranean countries showing strong potential for further rapid development. 15 Feb 2008
Retailers suffered their first sales slump in six years after inflation was taken into account- prompting some to ask, did Tito do too much? 14 Feb 2008
New team commits to new technology venture
Sahara Holdings, via its Sahara Systems division, has secured a majority shareholding in the Woodlane consortium, through which it has acquired an interest in Stella Vista, an international supplier of mass visual communication systems, specialising in LED technology. 14 Feb 2008
An ongoing improvement in business efficiencies, continued investment in brands and enhanced distribution saw Distell significantly increase its revenue and sales volumes. For the six months to 31 December 2007, the company weathered demanding markets to deliver a 12,9% increase in revenue to R4,8 billion on a sales volume growth of 7,6%. 14 Feb 2008
Catering company addresses skills shortage
Compass Group SA has announced the launch of the Compass Group Chef Academy, which, in addition to offering high quality training to previously disadvantaged individuals, will help address the skills shortage across the tourism and hospitality industries. 14 Feb 2008
For the second consecutive year, the Discovery and SAA credit cards have come out tops in the country's only survey that rates credit-card value. 14 Feb 2008
Should email marketers be worried about statistics claiming that young people don't use email anymore? That the most pervasive and utilised electronic communication method is in peril because kids would rather text or IM or message each other via their social-media networks? This opinion piece relates to the US market, but there are lesson too for SA. 14 Feb 2008
On-line shopping rockets
Such has been the growth in on-line shopping around the world that now 85% of world's online population shopped on the web. 14 Feb 2008
Brits prefer plastic
New research shows that there are more payment cards per person in the United Kingdom than anywhere else in Europe. 14 Feb 2008
An East London butchery had a long list of problems before being exposed as one of the dirtiest in the city. 14 Feb 2008
Amid spiralling food costs with consumers already reeling from food price hikes, its expected that within a few weeks the cost of basic commodities such as cooking oil, soap and margarine are set to rise by 20% to 25% - pushing them out of the reach of more people. 14 Feb 2008
The Department of Health has vowed to get rid of price fixing by pharmaceutical companies in the country's health industry. 14 Feb 2008
A new step in advertising
A joint venture between Primedia Outdoor and Route-2-Market, both companies in the Primedia Out of Home stable, makes floor decal media platforms available for the first time at a South African airport terminal. 14 Feb 2008
The perfect storm
Retail in the United Kingdom faces one of its toughest ever years as like-for-likes go negative. 13 Feb 2008
The establishment of the first BEE sheet plant in South Africa has been made possible by Nampak, Africa's largest packaging company. 13 Feb 2008
In the wake of yet another price-fixing scandal, this time one that allegedly involves its healthcare unit, the group has launched an independent probe into all its businesses, and the MD of Adcock Ingram Critical Care has been suspended with immediate effect. 13 Feb 2008
House of Busby shareholders vote for R1,3bn acquisition. 13 Feb 2008
Expanding the magic of Madam & Eve
The early success of the Magicmaid co-branding venture with Rapid Phase, under the Magicmaid Madam & Eve brand label in PnP Hypermarkets, has resulted in the brand now being made available in PnP supermarkets throughout the Gauteng and Free State regions. 13 Feb 2008
Government aims to strengthen competition legislation this year with the intention of becoming more “proactive” around anti-competitive outcomes and behaviour. 13 Feb 2008
As South Africa's energy source reaches crossroads, Oil Africa 2008 highlights key global issues such as peak oil and alternative energy sources. To ignore the future shock and its impact on costs and prices across the board, we need to look NOW at renewable sources of energy. And there's one clearly visible every day… 13 Feb 2008
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