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Retail News

New e-commerce ventures you should be aware of
© bacho12345 – 123RF.com
There are a lot of different ways to earn money online. In fact, many traditional jobs are now transitioning to a virtual environment, which means that the methods a person can use to earn money via the web are almost endless. Of course, some methods are easier to break into than others. 2 Mar 2016
Bidvest CEO Brian Joffe. Photographer: Martin Rhodes Image source:
Bidvest CEO Brian Joffe. Photographer: Martin Rhodes Image source: BDlive
After almost three decades at the helm of sprawling industrial giant Bidvest, CEO Brian Joffe is to step down following a major restructuring. But he is not going far, and remains a director at one of the major units. 1 Mar 2016
Kids Emporium to open UK store
South African retailer Kids Emporium is set to open in the upmarket Angels Gate shopping district in Guildford, Surrey, UK. The opening of the new store will be complemented by the launch of the Kids Emporium UK online store, for online shopping with the additional convenience of door-to-door deliveries. 1 Mar 2016
Springs Mall construction on schedule, says main contractor
Construction on the R950 million Springs Mall at Blue Crane Eco Park development is well underway according to the main contractor, Giuricich Bros. The 46,000m² regional shopping centre is on schedule to open before Easter 2017. 1 Mar 2016
Photographer: Robbie Tshabalala
Image source:
Photographer: Robbie Tshabalala Image source: BDlive
As part of its broader plan to tackle declining sales and profit, Edcon's core Edgars chain is undergoing changes to try to claw back market share. 1 Mar 2016
Steinhoff faces off with Sainsbury's
Steinhoff CEO Markus Jooste met questions late on Monday over the group's bid for Home Retail Group (HRG) with polite parry, saying only that the UK company's Argos chain was an attractive business for Steinhoff to add to its portfolio. 1 Mar 2016
New app gives Vida e Caffe customers instant loyalty points
A new study from Juniper Research has found that 1.4 billion loyalty cards were mobile only or integrated into mobile apps in 2015 worldwide. The research forecasts this will rise to 3 billion by 2020. 29 Feb 2016
Spur to consider selling struggling Captain DoRegos
Restaurant franchisor Spur Corporation will be looking to fatten margins on its newer eatery brands in the next five years, but will also contemplate selling its struggling Captain DoRegos franchise. 26 Feb 2016
Plunging consumer confidence leaves Edcon with slumping sales
© dmbaker – 123RF.com
Edcon, SA's largest clothing retailer, said third-quarter sales slippedas consumer confidence in the country approached a 14-year low. 26 Feb 2016
Green light for Walvis Bay shopping mall development
The development of a new R650 million mall in Walvis Bay, Namibia, has been announced. Atterbury is the joint developer and co-owner of the newly named Dunes Mall, previously called the Erongo Mall development. Bulk earthworks on the mall began in November 2015 and it is due to open to the public late in 2017. 26 Feb 2016
Lay's and Pepsi join forces in UEFA campaign
Lay's and Pepsi, the official snack and beverage sponsors of the 2015/16 UEFA Champions League tournament, have joined forces to bring South African fans closer to the action via an #PerfectMatch campaign. 26 Feb 2016
Winners of Product of the Year 2016 announced
Product of the Year, the annual consumer product research survey, has announced an increase in local entrants to the awards and a general improvement in innovation that caters for the South African consumer, according to the results of its latest South African consumer survey. 26 Feb 2016
Makro store in Midrand, Johannesburg.
Photographer: Antonio Muchave
Image source:
Makro store in Midrand, Johannesburg. Photographer: Antonio Muchave Image source: BDlive
Retailer Massmart offered on Thursday a sober outlook for the sector, echoing those of rivals, indicating that prospects for a quick revival in consumer spending are growing remote. Conditions are expected to worsen as the economy slows and higher inflation, a weaker rand and rising interest rates bite. 26 Feb 2016
Pilot scheme in Soweto could open the door for hundreds of spaza owners
A new partnership between the Gauteng Department of Economic Development (GDED) and Pick n Pay comes alive as the first ever spaza-to-store conversion, Monageng Market, opens in Diepkloof, Soweto this week. 26 Feb 2016
More focus on the offline user experience is key to accelerating e-commerce growth in SA
© Benjamin Haas – 123RF.com
Every online shopper in South Africa knows the inconvenience of waiting impatiently for a courier to arrive. The package could arrive now, just now or now now - and that is about as precise as your information about the delivery time will be. Given that you probably have a shopping mall around the corner, why would you want to sit around for hours waiting for a package? 26 Feb 2016
Singapore-based ecommerce marketing startup raises $1m to enter Indonesia
© fazon – 123RF.com
Email and digital marketing startup Ematic Solutions has raised a pre-series A round of close to US$1 million, it announced today. The funding comes from MDI Ventures, a venture capital fund backed by Telkom Indonesia, the country's major telco. 26 Feb 2016
#DesignMonth: Trevyn McGowan on the new Work Shop New Town
Johannesburg's Work Shop New Town, an innovative new retail concept, houses over 100 fashion, design and lifestyle brands in the 1911 potato sheds at Newtown Junction. "Joburg has never had such a concentrated local design destination," says Trevyn McGowan, curator of the project, "so we have curated it to be the hub for African fashion. It's a retail environment like no other in this country..." 25 Feb 2016
Coca-Cola can't trademark new bottle, EU court rules
BRUSSELS - An EU court on Wednesday threw out an attempt by US drinks giant Coca-Cola to get trademark status for a new design of its iconic fluted bottle throughout the 28-nation bloc. 25 Feb 2016
SA braai brand heads to the US
© Mark Atkins – 123RF.com
Gold Brands Investments, which is the owner of the Chesa Nyama food franchise, has signed an agreement with private investors - Red Hornbill and The White Family Partnership, under which the braai brand will head to the US. 24 Feb 2016
#FreshOffTheShelf: The smartest thing since sliced bread
Futurelife has announced a new entrant into the Everyday Premium and Everyday Plus bread segments, with the launch of Futurelife Smart Bread, providing a multitude of nutritional benefits. 24 Feb 2016
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