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Retail News

PARIS: French cosmetics giant L'Oreal said on Thursday, 16 April 2009, its chief executive, Jean-Paul Agon, had given up his stock options for 2009. 17 Apr 2009
Debt summonses soared in February while wholesale trade plunged a record 8.9%, adding to the raft of dismal economic data seen so far this year. 17 Apr 2009
PC shipments fell less than expected
PC shipments declined less than expected in the first quarter, propped up by consumers' continuing interest in low-cost netbooks, IDC says. 17 Apr 2009
Milkworx presses on with its R4,7m issue
Ice-cream maker Milkworx said Wednesday it would move ahead with plans to issue shares to raise R4,7m as part of restructuring. 17 Apr 2009
Land Affairs Minister Lulu Xingwana says the approach used to rehabilitate Tshivhase Tea Estate in Limpopo will be replicated at other tea plantations in the other provinces. 17 Apr 2009
SABMiller Plc full year lager volumes up 2%
Global brewing giant SABMiller Plc said on Thursday, 16 April 2009, that for the 12 months to end March 2009, lager volumes were 2% ahead of the prior year and level on an organic basis, with a 1% decline in the fourth quarter. 17 Apr 2009
While the global crisis leaves scores of companies threadbare, the local T-shirt printing industry is being stretched to capacity. Election campaigning and the accompanying orders have led to booming business. 17 Apr 2009
Spreading warmth this winter
Cape Union Mart's latest CSI (corporate social investment) campaign is encouraging the public to spread a little warmth this winter by donating old jackets at any of the brand's stores. These donations will then be distributed to the needy in those specific regions. 17 Apr 2009
It seems that even the best-laid strategic plans of SMBs and enterprises often go awry - or end up collecting dust in a binder. That doesn't mean the strategic planning process isn't worth it. Rather, it's just outdated. What's needed is a "strategic management" style of approach. 17 Apr 2009
Lifestyle luggage brand launches on Facebook
Tumi, the international brand of travel and lifestyle accessories, is joining the social networking scene with the launch of its personal Facebook page. 16 Apr 2009
Golden Acre gets more space with Grand Parade merger
Golden Acre was ostensibly the first shopping centre to be built in the middle of a South African city, having opened on its prime Adderley Street site in 1979. Now this busy centre - an integral link between the CBD and the city's transport system - has been expanded, just in time for the 2010 Soccer World Cup. 16 Apr 2009
Collaboration is considered to be a one of the most important functions both forwards and backwards along the supply chain. This is especially true in overcoming what is considered to be the greatest challenge in the industry - that of planning and forecasting. A recent study into the supply chain and logistics industry in South Africa, Supply Chain Intelligence Report (SCIR) 2009, has revealed that while companies in South Africa generally operate with low levels of collaboration, companies based in Cape Town appear to collaborate more than companies located elsewhere in South Africa. 16 Apr 2009
HONG KONG: The former Hong Kong managing director of fast food giant McDonald's was convicted of taking US$320,000 in kickbacks from a supplier, the city's anti-corruption body said. 16 Apr 2009
BRUSSELS: The Mediterranean tuna fishing season will be 15 days shorter this year with quotas and fleets also cut, EU sources said Wednesday, 15 April 2009; but environmentalists complained it was too little, too late. 16 Apr 2009
Naked Chef meats SA
Celebrity chef Jamie Oliver has added chisa nyama to his recipe book after visiting Guguletu's famous Mzoli's Place restaurant. 16 Apr 2009
The Department of Trade and Industry said Wednesday, 15 April 2009, it was still in consultation over what specific measures to take to rescue the ailing motor industry, which is facing a deepening crisis. 16 Apr 2009
New SBI market research report "Sustainable ('Green') Packaging Market for Food and Beverage Worldwide, 2nd Edition" examines the many gains that have been made in the food and beverage sustainable packaging markets since SBI reported on it in 2006. 16 Apr 2009
Retail trade figures for the month of February decreased by 4.5%, Statistics South Africa (Stats SA) reported on Wednesday, 15 April 2009. 15 Apr 2009
Traditional contact centre infrastructure vendors face few greenfield opportunities in the large enterprise market in mature geographies. This, according to independent market analyst Datamonitor, has caused them to change their sales and marketing strategies, focusing much less on the benefits of the transition from time division multiplexing (TDM) to internet protocol (IP) and much more on topics such as unified communications (UC) for the contact centre and ways to connect the enterprise with the branch and the contact centre. 15 Apr 2009
Cheerios and Milo cereal launch in SA
Nestlé recently introduced two of its international breakfast cereals, Cheerios and Milo, in South Africa. 15 Apr 2009
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