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Retail News

Nedbank is pioneering a service that will enable the public to make internet-based Maestro and Electron debit card transactions safely. 10 Sep 2008
The Eastern Cape Department of Agriculture will officially open the Masikhule Shearing Shed today, 10 September, where farmers in the area will be given assistance in shearing their sheep and dipping their animals against diseases. 10 Sep 2008
Cutting down on wastage makes good sense in any company; it makes even more sense when there are multiple benefits. 10 Sep 2008
With all the hype preceding its invitation-only media event on Tuesday, Apple needed to come up with a bigger wow factor than it delivered if it wanted to please investors. Steve Jobs seemed happy enough, though. In addition to presenting the company's new toys, he crowed about astronomical sales at the App Store and joked about Bloomberg's accidental publication of his obituary. 10 Sep 2008
Furniture retailer Steinhoff says its foray into overseas markets is finally beginning to pay off with the group having turned around its UK business and consolidated its European Union (EU) investments. 10 Sep 2008
New emporium devoted to food-lovers
New hospitality development, Epicurean Food Emporium, is set to launch in late 2008. This universal concept is a first for South Africa, Cape Town, and aims to set a new benchmark in the food hospitality and retail market. 10 Sep 2008
Is mobile CRM just around the next bend? If a slew of new applications for the iPhone are any indication, it may have jumped from the realm of wishful thinking to concrete possibility - but "possibility" is still the operative word. 10 Sep 2008
Has eBay outgrown the business model that led to its phenomenal success? The company stalwartly maintains that its new fee structure and other changes are designed to benefit all of its sellers - as well as buyers - but its so-called evolution has triggered the exodus of many mom-and-pop operations. 10 Sep 2008
Graduate of the Pick n Pay Retail Academy, Mlungisi Maziya, and PnP veteran Conrad Thatcher, who started his career with the retail group in Newcastle 20 years ago, have joined forces to own and manage the group's first family franchise store in Osizweni, KwaZulu-Natal. 9 Sep 2008
Farmers who suffered damage in the recent wildfires in the Waterberg district municipality in Limpopo will receive free fodder to help them get back on their feet. 9 Sep 2008
It was Peter Drucker, the leading business thinker of the 20th century, who said that business has two functions - marketing and innovation. This article is going to merge both these ideas. 9 Sep 2008
The rising costs of food, fuel and finance has resulted in reduced development aid to emerging economies, says Finance Minister Trevor Manuel. 9 Sep 2008
USA: Financial institutions have until 1 November to comply with a revised set of rules under the Fair and Accurate Credit Transaction Act, also known as Facta. EMC and its RSA security division have developed software that helps ensure compliance. 9 Sep 2008
Samsung Electronics is pursuing an acquisition of US computer memory card maker SanDisk, a South Korean online business newspaper reported Friday. 9 Sep 2008
As many retailers face hard times, Redgwoods, the toys group, is expanding and is to open eight stores in eight weeks. 9 Sep 2008
A taste of Modena in new gourmet balsamic vinegar
The latest edition to the Morgenster range of gourmet products in the now distinct dark, square bottle is a balsamic vinegar bearing the certification of the “Consorzio Aceto Balsamico Di Modena”. Morgenster Balsamic Vinegar is produced in Modena where it has been made since the Middle Ages using traditional methods. 8 Sep 2008
Service stations are hoping for an increase in the retail margin next month, the Fuel Retailers Association said. 8 Sep 2008
Clothing group Rex Trueform has reported a 148% leap in headline earnings per share from 75.3 cents to 186.5 cents for the year ended June. This was achieved on the back of a 17% growth in revenue from R397.2 million to R465.6 million. The gross margin improved from 43.6% to 45.6%. 8 Sep 2008
When you're talking with your best and most trusted friends, there is no need to defend yourself with disclaimers, overly defined examples, or defensible arguments. The conversation just happens. When two friends know each other well, they finish each other's sentences. 8 Sep 2008
You can thank Google for raising your online customers' search expectations through the roof. The 900-lb. gorilla of Internet search delivers such quality results - in just tenths of a second, as the results page tells you - that online shoppers won't settle for anything less than blindingly fast search results from the e-commerce sites they visit. 8 Sep 2008
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