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Retail News

Even though South Africa's e-commerce sector is estimated to estimated to make up only one percent of the total market for consumer goods, we've over the last few years seen many players bank on this figure to grow. Investors are confident to say the least. 4 Jan 2016
Amazon donates profits from far-right anthem to refugees
BERLIN - Online retail giant Amazon said it will donate the profits from the online purchase of a tune released by the far-right anti-migrant PEGIDA movement to refugees in Germany. 4 Jan 2016
Online buyers mad about cowdung cakes
© Rupa Ghosh – 123RF.com
Like consumers around the globe, Indians are flocking to the online marketplace in droves. 31 Dec 2015
'Un-Islamic' vaping catches fire in Malaysia amid govt backlash
© Jtanki – 123RF.com
KUALA LUMPUR - At Malaysian e-cigarette outlet Vape Empire, customers kick back and puff out thick, aromatic clouds of vapour in funky flavours like Horny Mango and Creamy Suckerz' Banana Anna. 31 Dec 2015
Retailers focus on educational wins
© Hongqi Zhang – 123RF.com
Over and above the expected 'back to school' specials, Shoprite and Checkers are giving back through their educationally-minded initiatives of 'Class of 2016' and 'Feed a Child, Nourish a Mind'. Here's how. 30 Dec 2015
Mobile wallets revolutionise African retail
[NEWSWATCH]: With a mobile wallet solution finally in the wings for the UAE, many are surprised that the technology's already in play in Africa. 30 Dec 2015
Hundreds hospitalised in mass Vietnam food poisoning
© Ahmet Ercan Senkaya – 123RF.com
HANOI - Hundreds of workers at a Hong Kong-owned garment factory in Vietnam which makes lingerie for labels like Victoria's Secret and Wacoal have been hospitalised with food-poisoning, state media reported on Tuesday. 30 Dec 2015
Repeating the 'never-to-be-repeated' deals
NeWSWATCH; Local e-tailer OneDayOnly, known for offering exclusive, limited edition deals, has just repeated its 'never-to-be-repeated' deals... 29 Dec 2015
Cartier to sponsor LQP 2016
World-renowned jeweller and watch-maker, Cartier, will sponsor the L'Ormarins Queen's Plate in 2016. 28 Dec 2015
Adidas sees steep costs from strong dollar next year
FRANKFURT - German sportswear and equipment giant Adidas expects costs to increase sharply next year as a result of the strong dollar, its chief financial officer said in a newspaper interview on Thursday. 28 Dec 2015
Wearables, smartphones to 'dominate' Christmas
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Despite fears that the smartphone market is tanking, a research firm believes that the consumer market will show healthy growth as shoppers spend cash on tech during the holiday season. 24 Dec 2015
Retail group Edcon loses two nonexecutive directors
Two Edcon nonexecutive directors resigned on Wednesday. They are former Absa deputy CEO Louis von Zeuner, who was appointed the designate chair of African Bank's "good bank" in March, and Coal of Africa CEO David Brown. 24 Dec 2015
Pioneer Foods to continue to invest in profitable bakery division, says CEO
Consumer brands giant Pioneer Foods believes new investment in its bakery division could unlock value in the 2016 financial year. 23 Dec 2015
Botswana-based retailer targets South African expansion
Botswana-based retailer Choppies Enterprises is extending its South African footprint with the proposed acquisition of retail outlets owned by niche supermarket group Jwayelani. 23 Dec 2015
VW drops out of race to become world's biggest carmaker: CEO
FRANKFURT, GERMANY: Embattled German auto giant Volkswagen is abandoning its ambition to become the world's biggest carmaker ahead of Japanese rival Toyota, its new chief executive said in a magazine interview published on Monday. 22 Dec 2015
SA's family restaurant survey results released
The highest ranked full service family restaurant, according to a survey conducted by the South African Customer Satisfaction Index (SAcsi), is Wimpy SA. 21 Dec 2015
Apple digital wallet heads to China
SAN FRANCISCO, USA: Apple announced a major partnership with China UnionPay on Thursday to put is digital wallet to work in the world's most populous country. 21 Dec 2015
The post-oil economy is here to stay for a while. Why wouldn't governments and major trade associations of any exporting nation embrace national mandates to all out campaigns to quadruple local exports of goods and services...drive exportability centric agendas, helping local SMEs to deploy all free technologies and global access to catapult exporting revenues and bring local prosperity. It is simple logic; it can be achieved but why is it being neglected? Here is the proof and key strategies... 21 Dec 2015
Jump in SA shift to online shopping
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South Africans are increasingly adopting online shopping as the Christmas rush puts pressure on retailers to generate a healthy bottom line in a tough economic environment. 21 Dec 2015
Wearable tech market surge led by new gadgets
© prykhodov – 123RF.com
WASHINGTON - The global market for wearable technology is seeing a surge, led by watches, smart clothing and other connected gadgets, a research report said on Thursday. 18 Dec 2015
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