South African retailers need to adopt new strategies if they are to continue creating value for consumers in the age of the so-called 'Big Shift', a socio-economic and technological revolution that has the potential to change the way that products are bought and sold, according to a Retail Transformation report released by Deloitte. 21 Oct 2015
Tetra Pak's support of National Nutrition Week 2015 was a successful public-private collaboration between the Department of Basic Education, Clover and Tetra Pak, in which nearly 10,000 learners, their teachers, school employees, and food handlers benefitted. 21 Oct 2015
WASHINGTON, USA: Wal-Mart caused a stir when it raised the pay of 500,000 of its workers. But now the US retail giant seems to regret the move after its profit outlook plunged, reviving a minimum wage debate. 21 Oct 2015
NEW YORK - Yum Brands, the owner of KFC, Pizza Hut and Taco Bell, announced on Tuesday it is splitting off its China business into a separate company. 21 Oct 2015
OK Foods Outjo
The OK Franchise Division, a division of the Shoprite/Checkers group, has announced the winners of the Franchisee of the Year awards in their respective categories. 21 Oct 2015
Novus Holdings, previously known as the Paarl Media Group, has installed a new packaging gravure press for the production of labels and wrap-arounds at its Cape Town facility. Imported from Italy, the new press came into operation in September and forms part of the group's diversification process in expanding its print on packaging capability. 20 Oct 2015
Retail Network Services (RNS) has announced that it is working with the GMI Property Group on two new rural mall projects in Limpopo totalling R300 million. The developments are set to benefit rural communities in Limpopo by not only bringing quality shopping to their doorsteps, but creating jobs and helping to retain valuable spend in rural areas. 20 Oct 2015
Shoprite CEO Whitey Basson.
Photographer: Trevor Samson
Image source: BDlive
Shoprite Holdings saw its share price slide 6.33% to close at R148.80 yesterday after it said its core South African customer base was under pressure from job cuts in the mining industry, rising electricity costs, general labour instability and a lack of job creation. 20 Oct 2015
A substantial number of Cape producers continue to lead the way globally, actively conserving part of their land and minimising their agricultural footprint while making enjoyable - and often impressive - wines. The organic route is part of this choice and forms a category in the Nedbank Green Wine Awards. Other categories include the Integrated Production of Wine (IPW) guidelines and the Best Farming Practices, which assesses and rewards those who are responding to environmental challenges in meaningful and successful ways. 20 Oct 2015
On Thursday, 15 October the highly anticipated H&M VIP shopping evening had finally arrived. The international retailer opened its doors to a select few at the V&A Waterfront, marking the launch of South Africa's first flagship store. Open to the public as of Saturday, 17 October, the store boasts two floors of fashion catering for women, men and children. Approximately 4,700m² in size, Cape Town is now home to one of the largest H&M stores in the world! 20 Oct 2015
Williams Advanced Engineering, the division of Williams that commercialises Formula One-derived technology and know-how, has collaborated with UK start-up Aerofoil Energy to develop a new aerodynamic device that can significantly reduce the energy consumed by refrigerators in supermarkets and convenience stores. 20 Oct 2015
PARIS - French dairy giant Danone on Monday posted a 4.6 percent rise on a like-for-like basis in third-quarter sales, outstripping analysts' forecasts. 20 Oct 2015
Is it a spirit or is it a wine? Drinks producer Distell's nine-year court fight to have its iconic "liqueur" Amarula Cream classified under the latter category has left it with a multimillion-rand hangover after the South African Revenue Service (SARS) emerged victorious, again, in the latest round of a long-running tax spat. 19 Oct 2015
Krone has introduced a new way to enjoy all that defines Krone, with the release of Krone Chardonnay Pinot Noir 2015 and the Helix Concept. 19 Oct 2015
Belvedere vodka has revealed the Belvedere 007 SPECTRE limited editions in celebration of its partnership with the 24th Bond adventure, SPECTRE, due for release in the UK on 26 October, 2015 and in the US on 6 November 2015. 19 Oct 2015
Leading retailers, several of which are new to the Eastern Cape market, are flocking to Port Elizabeth in time for the festive season. At Baywest Mall alone, 26 new retailers will be opening before the year's end. 19 Oct 2015
Brandies produced by Distell have garnered the most accolades at the Veritas Awards, taking home a haul of medals. 19 Oct 2015
The 2015 PACSA Food Price Barometer has found that low-income households cannot make it through the month on their incomes; they struggle to secure the goods and services needed to live at a level of basic dignity. 19 Oct 2015
Andre de Ruyter.
Photographer: Geoff Brown
Image source: Financial Mail
It takes just a hint of bad news to send a highly rated company's shares sliding. It is a reality that has seen Nampak's rating slump over 40% from a 20-year high in late 2014. 19 Oct 2015
THE HAGUE - Dutch beer giant Heineken said on Thursday it had acquired a majority stake in Slovenian brewer Pivovarna Lasko for 120 million euros ($135 million), another consolidation move in the sector just days after the biggest brewer AB InBev reached a deal to buy rival SABMiller. 16 Oct 2015
Let's do Biz