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Image credit: Ventureburn.com
Last week emerging markets media and internet giant Naspers sold its award-winning South African price comparison site PriceCheck back to original founder Kevin Tucker and Silvertree Internet Holdings. 13 Nov 2015
World's biggest online shopping day nets over $14bn
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SHANGHAI - E-commerce giant Alibaba said on Thursday that Chinese and international consumers spent more than $14 billion in the world's biggest online shopping day, as it sought to soothe worries over China's slowing economy. 13 Nov 2015
Regional mall for Alexandra
The township of Alexandra, next to Sandton, is set to elevate itself closer to "the richest square mile in Africa" with the commencement of construction of its own fully enclosed regional mall. 12 Nov 2015
East London's Gillwell Taxi Retail Park opens
The Gillwell Taxi Retail Park in the East London CBD opened on Thursday, 12 November 2015. The R316 million park was developed for the Dipula Income Fund by Isibonelo Property Services and the Eris Property Group. The 22,260m² three-level shopping centre brings together retail and public transport. 12 Nov 2015
Achieving a consistent global customer experience
Today's businesses can interact with their customers across multiple channels, providing more opportunities than ever to meet customer demands. To ensure this remains an advantage, companies must ensure that all customer experiences are consistent globally and locally relevant. 12 Nov 2015
Dipula announces remarkable growth
The Dipula Income Fund has reported an increase of 33% in distributable earnings for its financial year to 31 August 2015, during a period of remarkable growth. Dipula's combined growth in distribution per share of 7.05% is up on its half-year distribution growth of 6.8% per share, and in line with its market guidance. Its distribution growth comprises a 5.0% increase per Dipula A share and 9.5% increase per Dipula B share for the full year. 12 Nov 2015
Spar declares final gross cash dividend of 393c per share
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The Spar Group (SPP) on Wednesday said it had experienced a milestone year in 2015 as the first full year of operating in a global context. 12 Nov 2015
Massmart's growth zone expects no jingle bells
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Massmart does not expect a sharp jump in sales this festive season. 12 Nov 2015
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Chivas Regal has unveiled what it's calling "the world's most exclusive vending machine". 11 Nov 2015
Martell launches in SA
Martell has brought its 300 years of cognac expertise to South Africa for the first time, with a local launch in Johannesburg. 11 Nov 2015
Fran Peacock, Head of International Growth at Yuppiechef.
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Fran Peacock, Head of International Growth at Yuppiechef. Image credit: RetailCongressAfrica.com
The retail landscape in South Africa is competitive and with a tough economic environment both at home and in the rest of the continent, retailers need to find effective and innovative ways to retain existing customers and attract new patrons. Building a brand around an elevated customer experience is key to the success of today's retail business. 11 Nov 2015
Smart toy sales to reach $2.8bn, research indicates
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New data from Juniper Research, entitled Smart Toys: Hardware, Apps & Technologies 2015-2020, has forecast that smart toy sales will reach $2.8bn in hardware and app content revenues this year, driven by the popularity of the console-connected 'toys to life' segment. 11 Nov 2015
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Ocean Spray, a specialty producer of cranberry products and 85-year-old cooperative with more than 700 grower-owners, has officially launched its vast range of juices, sauces and dried cranberries in South Africa. 11 Nov 2015
Apple hit on sales worries as US shares edge lower
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NEW YORK - Wall Street extended losses in early trade on Tuesday with Apple shares pressing lower on a report suggesting iPhone 6s sales are weaker than hoped. 11 Nov 2015
SA September manufacturing production up 0.9% y/y
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Manufacturing output turned the corner in September, providing a glimmer of hope that the economy may have avoided recession in the third quarter. 11 Nov 2015
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Image credit: ibtimes.com
NEW YORK - Tag Heuer, the Swiss watchmaker that is part of the French luxury goods group LVMH, showed off its first Internet-connected wristwatch on Monday designed with Google and Intel. 11 Nov 2015
Photographer: Freddy Mavunda
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Photographer: Freddy Mavunda Image source: Financial Mail
Lewis Group said retail trading conditions had deteriorated since July, with the weakening job market and continuing economic uncertainty in the country limiting prospects for the group's lower- to middle-income target market. 11 Nov 2015
Research is the key to recession-proof business strategies
© Hieng Ling Tie – 123RF.com
It's an all too familiar scenario: the squeeze is on, budgets are being slashed and market research is first in the firing line. But an economic slowdown is the worst time to cut back on research, especially for manufacturers that should be using this valuable tool to inform recession-proof product and pricing strategies. 10 Nov 2015
New food court for The Zone @ Rosebank
Rosebank's first food court has opened: a 2000m² indoor food emporium on the first floor of The Zone @ Rosebank, with panoramic views over western Johannesburg and a balcony on Oxford Road. 10 Nov 2015
Professor Jorge Marx-Gomez from the University of Oldenburg with Charral Adams, Quality Control Supervisor in the Finishing Department.
Professor Jorge Marx-Gomez from the University of Oldenburg with Charral Adams, Quality Control Supervisor in the Finishing Department.
Falke South Africa recently hosted a high-profile delegation led by the German Chamber of Commerce. The group, from Lower Saxony, consisted of members of parliament, leading business delegates as well as representatives from various tertiary institutions and visited the legwear manufacturer's factory in Bellville South, Cape Town. 10 Nov 2015
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