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Retail News

McDonald's, which serves just under 8-million customers every month in 234 restaurants across SA's nine provinces, last week marked 20 years operating in the country by selling Big Mac Medium Meals for R19.95. 17 Nov 2015
Retailers bemoan cost of grant payouts
© Gunnar Pippel – 123RF.com
Retailers want banks to share the pain of the congestion, costs and risk of crime associated with grant payouts, writes Zeenat Moorad. 17 Nov 2015
Limited edition, one-off De Toren Decade
The winemaking team at De Toren are celebrating their 10th vintage of De Toren Z, a Merlot-dominated Bordeaux blend, all five varieties of which are grown on a gentle slope facing onto False Bay in the Stellenbosch wine-growing region. 17 Nov 2015
SAB campaign combats under-age drinking
South African Breweries is encouraging young adults to 'be the mentor you wish you'd had' as part of the 18+ campaign to prevent under-age drinking. SAB hopes to inspire a movement of change with the mentors across the country pledging to accept responsibility for educating a younger friend or relative about choices and their consequences. 16 Nov 2015
Rhodes Food Group up 3% as company signals increase in earnings
Rhodes Food Group on Friday proved to be one of the bright spots on an otherwise depressed JSE - rising over 3% after it signaled that it expected to see a more than double rise in its full-year earnings. 16 Nov 2015
Economic Development Minister Ebrahim Patel.
Image source:
Economic Development Minister Ebrahim Patel. Image source: Sunday Times
DURBAN - The Walmart-Massmart deal remains a benchmark in how multinational corporations should be treated in the developing world, says Economic Development Minister Ebrahim Patel. 16 Nov 2015
91 Koeberg Mall opens
91 Koeberg Mall on Koeberg Road in Brooklyn, Cape Town, has opened. Betty Olla, the investor in the new development, which is worth more than R13mn, was responsible for the planning phase and will oversee the leasing and long-term management of the shopping centre. The property is owned by the Olla Family Trust. 16 Nov 2015
The Big Mouth
The Big Mouth
Nelson Mandela Square, Sandton is nearing the completion of its refurbishment in which it will feature new tenants, offering a fresh range of restaurants including a Tashas Café, The Big Mouth and Remo's. These restaurants will complement new local and international fashion brands such as Luminance, La Martini, Thomas Pink and Forever 21, which opened for trading in October. 16 Nov 2015
Image credit:
Image credit: Sunday Times
After a three-year slump, there are quiet signs that credit sales are improving at The Foschini Group (TFG) - a signal that the buying ability of its customers is strengthening. 13 Nov 2015
Water refill kiosks appear in Gauteng
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Drinking water refill kiosks are making an appearance in Gauteng supermarkets as consumers were confronted with the reality of dry taps this week. John Oort of GoZone Health Water said home owners in suburbs affected by water shedding should call their local retailer to check if a GoZone bulk water kiosk has been rolled out in their area. 13 Nov 2015
Spree launches mobile shopping app
Online fashion retailer Spree has launched a mobile shopping app for both iOS and Android. 13 Nov 2015
Meet the 2015 Diners Club Winemaker of the Year finalists
Get to know a little more about the finalists of the 2015 Diners Club Winemaker of the Year Awards and their wines: 13 Nov 2015
Morné Cronjé, Head of FNB Franchising.
Morné Cronjé, Head of FNB Franchising.
FNB recently hosted its fourth consecutive FNB Franchise Leadership Summit where South Africa's franchising leaders and stakeholders met to discuss and debate the franchising landscape. The summit's theme was Planning for the Future. 13 Nov 2015
SABMiller H1 revenue down 12% to $9.99bn
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SABMiller's (SAB) revenue for the six months ended September 2015 dropped 12% to $9.99bn compared with the year-earlier period, the global brewer reported on Thursday. 13 Nov 2015
Nampak sees decline in full-year earnings
Packaging group Nampak on Thursday said it expected its full-year earnings to show a decline as a result of "legacy" operating challenges. 13 Nov 2015
Image credit:
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
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