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Retail News

Prepare your e-commerce site for the Christmas shopping rush
© Dmitriy Shironosov – 123RF.com
The Christmas shopping rush will soon be upon us and the only thing we can be certain of is that the online shopping of gifts will continue to increase. We can also be sure that many e-customers will be disappointed with their online shopping experiences. 13 Oct 2015
Richard Brasher
Richard Brasher
Pick n Pay has reported a substantial increase in sales growth and profit for the half-year ending 31 August 2015. Pre-tax profit was up 23% on the equivalent period last year. As a result of accelerated sales growth and greater operating efficiency, segmental pre-tax profit in the core South Africa division grew by 44.7% on last year. 13 Oct 2015
The Scene at Greenacress Shopping Centre.
Image source:
The Scene at Greenacress Shopping Centre. Image source: Facebook
The Foschini Group's Sportscene is rolling out a number of pop-up shops, branded as The Scene, across the country, which will feature a special selection of the hottest sneakers, clothing and accessories - from leading brands including Nike, Air Jordan, adidas Originals, Puma, Converse, Vans, New Balance and Redbat. 13 Oct 2015
Verimark CEO Michael van Straaten.
Image source:
Verimark CEO Michael van Straaten. Image source: Financial Mail
Specialist retailer Verimark (VMK) on Monday reported its results for the six months ended August 2015, which showed little change from the losses it reported in the year-earlier period. 13 Oct 2015
[Retail Congress Africa] Woolies director on the push and pull of omni-channel trading
Speaking at Retail Congress Africa next month, Paula Disberry will share her insight into the challenges and opportunities of omni-channel based on her experience as Head of Retail Operations at Woolworths. "I will share the views of customers in Africa and their changing expectations, the major capabilities that need to be built, and some of our learnings to date," she said. 13 Oct 2015
Disaronno and Roberto Cavalli redesign limited edition
Disaronno, the Italian liqueur, has a new look for the holiday season, which has been designed by Roberto Cavalli. The Disaronno wears Cavalli design draws inspiration from the Roberto Cavalli SS 2015 Pre Collection. Influenced by the enchanting undersea world and the most exotic safari locations, the bottle will be draped in a new graphic animal print. 12 Oct 2015
First Krispy Kreme in SA will be 800th store globally
Krispy Kreme has announced that The Zone @ Rosebank in Johannesburg is to be the location of its 800th outlet worldwide. 12 Oct 2015
Data show poor state of key sectors
© Mark Yuill – 123RF.com
Manufacturing is the sick man of the South African economy, data out Thursday, 8 October confirmed. 12 Oct 2015
Apple pulls data snooping apps from online shop
© bloomua – 123RF.com
SAN FRANCISCO - Apple rid its App Store of some applications that it said could snoop on people's data and posed a security threat. 12 Oct 2015
SABMiller taps savings as AB InBev woos shareholders
LONDON - British brewer SABMiller went on a charm offensive, promising at least a billion dollars in annual savings as it tries to keep AB InBev from wooing away its shareholders. 12 Oct 2015
Image credit:
Image credit: Preen.inquirer.net
This week, 5 to 10 October 2015 saw greener pastures for the UK wool industry, as flocks of sheep were transported into pens in the heart of London's famous bespoke tailoring street. 9 Oct 2015
Rachel Lane
Rachel Lane
The results of a large-scale study of more than 18,000 consumers in nine countries has been published by Verint Systems in partnership with analyst and consultancy firm Ovum and UK-based research company Opinium. The study highlights the importance of quick, easy and personalised service in securing customer loyalty. It uncovers deep divisions over attitudes to how personal data is used to deliver this service. 9 Oct 2015
Nicolò Stortiglione Pudel
Nicolò Stortiglione Pudel
Following the investment of an undisclosed amount in Port2Port by former FNB chief executive and venture capitalist Michael Jordaan, the South African online wine retailer is set to develop its platform significantly, expand its product range and boost its marketing efforts. 9 Oct 2015
Mondi Q3 underlying operating profit surges 27%
© pevgeniy – 123RF.com
Packaging and paper group Mondi said on Thursday its underlying operating profit surged 27% to EUR221 million in the third quarter, thanks to good performance from all business units and strong incremental contributions from packaging paper, uncoated fine paper and the South Africa division. 9 Oct 2015
SA August manufacturing production down 0.2% y/y
© Sasin Tipchai – 123RF.com
Manufacturing production fell in August compared with a year ago (year on year) after increasing in July, reflecting the negative effects of weak demand and lower commodity prices on the sector. 9 Oct 2015
Amazon opens online shop for handmade goods
© rvlsoft – 123RF.com
SAN FRANSCISCO - Online retail colossus Amazon on Thursday opened a shop showcasing handmade goods sold directly by artisans. 9 Oct 2015
The UK’s Capital & Regional financial director Charles Staveley at the main board listing on the JSE on Wednesday.
Photographer: Martin Rhodes
Image source:
The UK’s Capital & Regional financial director Charles Staveley at the main board listing on the JSE on Wednesday. Photographer: Martin Rhodes Image source: BDlive
Investors must be circumspect when it comes to investing in new offshore property companies that are listing on the JSE, with one commentator voicing concern that these counters may be overvalued. 8 Oct 2015
SA's manufacturers under pressure
© hafakot – 123RF.com
While power shortages remain one of a number of challenges South African manufacturers are facing in 2015, there is a silver lining: solid demand and efforts to trim costs and boost operational efficiencies are expected to shore up earnings in certain segments... 8 Oct 2015
Relevant insight helps optimise efficiency at every stage of the customer credit lifecycle
© grazvydas – 123RF.com
Customers are the heart of any business and acquiring and retaining them forms an essential function for profitability and sustainability. Businesses today have access to more data than ever, which can be used to assist this function; however value can only be achieved if this data can be transformed into actionable information, which can be used to derive insight. 8 Oct 2015
Photographer: Michael Ettershank
Image source:
Photographer: Michael Ettershank Image source: BDlive
Expensive as retail shares look after their strong run over the past few years, they remain the prime mover behind the JSE all share index's recent gains. 8 Oct 2015
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