The recent decision by the South African Reserve Bank to increase the interest rate to 6% has had an impact on all sectors of the economy, from consumers, big conglomerates to franchisees. As with all business enterprises, the economic conditions of the day have a direct and indirect impact on the operations of franchises - their production, management, pricing - and so must be analysed carefully and managed strategically. 20 Nov 2015
With a 23% year-on-year increase in card skimming fraud from R366 million to R453 million recorded last year, according to the Hawks, it is becoming increasingly important for both consumers and establishments to be vigilant about this type of fraud, especially during the busy festive season. Due to each case being different, determining who is responsible for the loss can be challenging. 20 Nov 2015
Gavin Tagg, CEO of Retail Network Services.
New mall and retail centre development prospects are still plentiful in South Africa, according to Gavin Tagg, MD of Retail Network Services, a full-service specialist retail strategist and leasing company. 20 Nov 2015
Mr Price's shares declined 5.52% to R202.19 after a slowdown in its first-half sales growth failed to live up to its shareholders' high expectations. 20 Nov 2015
Euromonitor International and Nation's Restaurant News have released the top-25 performing international restaurant chains outside of North America. In 2014, the Asia-Pacific dominated this exclusive list with $47.4bn in sales. 20 Nov 2015
Izak Petersen.
The Eyethu Orange Farm Mall has attracted more than a million shoppers a month this year and has recorded consistent month-on-month growth. 19 Nov 2015
The self-service, soft-serve frozen yoghurt bar franchise has added a new dimension to its interactive culture by launching its loyalty card programme as a smartphone app. 19 Nov 2015
UCS Solutions has been awarded the SAP Recognised Expertise in Retail certification - the only partner in Africa to have achieved this. The credential provides a mark of distinction and aims to recognise the specialisation, competency and expertise of SAP partners. 19 Nov 2015
Retail sales growth slowed significantly in September, indicating continued weakness in the economy and supporting the case for unchanged interest rates on Thursday. 18 Nov 2015
Retail-focused property group Hyprop Investments and capital growth fund Attacq have bought Ikeja City Mall, the largest shopping centre in Lagos. 18 Nov 2015
NutriDay yoghurt has undergone a full transformation both inside and out having its tastiest recipe ever and breakthrough pack sizes of 150g, 270g, and 600g. 18 Nov 2015
NEW YORK - Walmart Stores reported a rise in comparable sales at US stores in the third quarter on Tuesday but earnings dipped due in part to the strong dollar. 18 Nov 2015
Last year, the e-commerce industry globally accounted for around $1.5 trillion in sales. It is expected to reach $2 trillion by the end of this year. The emergence of e-commerce and its advancement is beginning to change the attitude of shoppers in South Africa. 18 Nov 2015
World Panel has showcased its latest products at AfricaCom and announced a deal with Vodacom as a key retail partner to sell its new SunStream in select stores. 18 Nov 2015
PARIS - Zara fired two employees from a French store on Tuesday after social media outrage over a woman being denied entry for wearing a Muslim headscarf. 18 Nov 2015
Point of Purchase Advertising International South Africa (POPAI SA), hosted its 5th Annual Marketing @Retail Industry Awards recently at the Capital Empire Hotel in Sandton. 17 Nov 2015
Retail banking is at a crossroads. Increasing consumer use of new technology and the internet has raised customer expectations, reduced customer loyalty and brought new entrants to the market. This shift, combined with the impact of the financial crisis, presents a significant threat, as well as an opportunity, to retail banks globally and across this continent. 17 Nov 2015
Famous Brands has signed an agreement with the global brand Paul, the family-owned French chain of bakery-cafés established in 1889 in Croix, Northern France, to become its South African licensed partner for a 10-year period. Paul has partnered operators across Europe, Africa, Asia, America and the Middle East, and is now represented in 41 countries. 17 Nov 2015
According to Statistics SA, coffee shops have contributed to around 2.8 percentage points of the positive annual growth around takeaway and fast food. They have also had a 7.1% increase in income since 2014 with impressive growth across the country. South Africa is joining the coffee revolution and escaping its faintly embarrassing instant coffee roots. 17 Nov 2015
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