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Retail News

UK supermarket Sainsbury's offers 1.3bn for Argos owner
LONDON - British supermarket group Sainsbury's has tabled an offer to buy Home Retail Group, owner of catalogue chain Argos, for £1.3 billion, it said Tuesday. 3 Feb 2016
Having executed several projects in Ghana, Mauritius, the Seychelles and Australia - where it will be opening an office in April, specialist retail and hospitality design agency Design Partnership (DP) has shifted its focus from predominantly local business to service exports. 3 Feb 2016
Growth at risk as factories stuck in rut
© Viktoriia Degtiarova – 123RF.com
SA's manufacturing sector is stuck in a quagmire and will drag economic growth even lower. 2 Feb 2016
Manufacturing PMI tumbles in January
© Karuna EM – 123RF.com
The manufacturing sector started 2016 on the back foot as the seasonally adjusted Barclays purchasing managers index (PMI) fell two index points to 43.5 in January. 2 Feb 2016
Milk glut sees cut in price and earnings
© tobi – 123RF.com
The current oversupply of milk is good news for consumers, who can expect to pay lower prices, but not for shareholders of Clover Industries, SA's biggest milk producer. 2 Feb 2016
E-commerce Africa Confex aims to double in size, reflect industry growth
E-commerce Africa Confex is aiming to reflect the growth of the global industry and is aiming to be twice as big as it was during its inaugural 2015 event. 2 Feb 2016
Willow Creek ranked world's top 20 olive oil producer
The international status of a South African olive oil producer and its popular extra virgin olive oil has just been bumped up significantly following the latest Top 100 list released by the independent World Ranking Extra Virgin Olive Oils. 1 Feb 2016
I heart Market to 'pop up' at Decorex Durban
A proudly Durban initiative, the I heart Market, which takes place monthly at Moses Mabhida Stadium and serves as a lively platform for a vibrant selection of carefully chosen traders selling local hand-made products, will be taking place alongside this year's Decorex Durban on Saturday, 19 March 2016. 1 Feb 2016
Image credit:
Image credit: BDlive
While their grocery counterparts are likely to experience sluggish trading this year, SA's clothing groups will be only slightly better off, as the macroeconomic drivers of retail spending remain poor and competition becomes fiercer. 1 Feb 2016
[BizTrends 2016] Omnichannel still the key focus for retailers in 2016
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In 2016, omnichannel will be integrated into every aspect of retail, according to Vend's recently released 2016 Retail Trends and Predictions report. 31 Jan 2016
Amazon delivers big profits but shares dive
© Ken Wolter – 123RF.com
SAN FRANCISCO - US online giant Amazon on Thursday reported profits doubled in the past quarter, as it attracted more customers with video and other services, but the results missed Wall Street forecasts. 29 Jan 2016
Consistent visibility is key to better e-commerce experience
© bloomua – 123RF.com
As South African retailers move to capitalise on a rapidly expanding online shopper base, they need to ensure that their systems support a consistent shopping experience, or they risk losing customers... 29 Jan 2016
Cape Town to get first Dunkin' Donuts outlet
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This country's first Dunkin' Donuts store will open in Cape Town by late June. 29 Jan 2016
Martin Reynolds, MD at Shepherd.
Image credit:
Martin Reynolds, MD at Shepherd. Image credit: Facebook.com
Shopping online classifieds usually means having to draw wads of cash before meeting a stranger on a street corner, because you really want that textbook or iPhone they advertised. 28 Jan 2016
Image credit:
Image credit: Ventureburn.com
Nigerian tech entrepreneur Sim Shagaya has announced he is stepping down as the CEO of Konga, which is one of Africa's leading e-commerce companies. 28 Jan 2016
P&G profit soars as core sales turn positive
© Rene van den Berg – 123RF.com
NEW YORK - US consumer products giant Procter & Gamble reported a jump in second-quarter earnings Tuesday, despite a strong dollar that continued to depress the value of foreign sales. 28 Jan 2016
David Jones to launch at Woolworths
David Jones Classic Collection will join Woolworths Holdings' clothing portfolio on 1 February 2016, with a new private label brand encapsulating the essence and heritage of one of the world's leading department stores, David Jones. 27 Jan 2016
BMi Research report shows decreased growth rate for flavoured alcoholic beverages
© kzenon – 123RF.com
Recent findings release by BMi Research have revealed that the flavoured alcoholic beverage category has continued to grow for the past three years, although at a decreasing rate. 27 Jan 2016
Apple's iPhone joyride ends
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SAN FRANCISCO - Apple on Tuesday forecast a sales decline for the first time in more than a decade, adding to evidence that the market for smartphones is becoming saturated and threatening the company's unprecedented run of success. 27 Jan 2016
Ellies CEO Wayne Samson.
Photographer: Russell Roberts
Image source:
Ellies CEO Wayne Samson. Photographer: Russell Roberts Image source: BDlive
The sharp decline in the rand is likely to boost Ellies' manufacturing business, which is focusing on markets outside SA. 27 Jan 2016
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