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Retail News

Inaugural FMCG Insights & Conference adjudged a success
The inaugural FMCG Insights & Conference took place at the Turbine Hall, Joburg recently. The event emanates from the Sunday Times' Top Brands research, which measures consumer brand preference and is published annually. 18 May 2016
Walmart may ditch Massmart - Analyst
The possibility that Walmart might sell its stake in Massmart has been mooted in a research report that suggests the local retailer may have until 2018 to turn around its performance or face the possible divestment of its anchor shareholder. 18 May 2016
Time to gauge in invisible market's size
Hunched on a white plastic chair, Romeo Makwela takes a bite of his lunch. It is a threelayered sandwich (i-slice) with fried chips, achar, a smoked Russian sausage, cheese and lettuce oozing out from all sides. 18 May 2016
Fitbit paces wearables market, Xiaomi second: survey
WASHINGTON: The market for connected wearable devices jumped in early 2016, led by fitness tracker maker Fitbit, while Chinese group Xiaomi raced past Apple to second place, a survey showed on Monday. 18 May 2016
Lessons the smaller guy can learn from their bigger brother
For many business owners franchising presents an opportunity to elevate and grow their businesses and develop a national - or even international - footprint. After expanding your business, setting up a franchise is often the next logical step. If you decide to enter the franchising sector you will face new challenges. 17 May 2016
Substantial growth in energy drinks, report finds
BMi Research has found that the ready to drink (RTD) energy drinks market enjoyed substantial growth in 2015, albeit at a lower rate than was seen in the last five years. The RTD energy drinks volume grew to 153.1 million litres, increasing by 25.0% from 2014 to 2015. 17 May 2016
Reeza Isaacs named CFO of the Year
Reeza Isaacs, group finance director of retailer Woolworths Holdings, has been named South Africa's CFO Of The Year at the 2016 CFO Awards. 17 May 2016
Jameson takes local brewery partners to launch Caskmates in SA
Irish whiskey Jameson has partnered with a pair of South African breweries - the Ubuntu Kraal Brewery in Joburg and the Devil's Peak Brewing Company in Cape Town - to launch its Caskmates brand in this country, which is Jameson's second biggest market globally. 17 May 2016
Famous Brands acquires Salsa Mexican Grill
Famous Brands has acquired a 51% stake in the recently launched Salsa Mexican Grill, a fast-casual dining concept centred on traditional Mexican food and beverages. The brand is currently represented by its maiden restaurant, opened in June 2015, in Fourways, Joburg. Two further franchised outlets are scheduled to open during the course of 2016. 17 May 2016
Mr Price poaches manager of go-getting ad agency
In a blow to multi-award winning advertising agency Ireland/Davenport, it has lost its MD to Mr Price. 17 May 2016
Hugo Boss picks financial chief Mark Langer as new CEO
FRANKFURT - German fashion house Hugo Boss announced on Monday that it has chosen chief financial officer Mark Langer to become the new chief executive after the resignation of the former head of the company following a profits fall. 17 May 2016
Battling it out with fast-food brands
A war is being waged in SA's restaurant and fast-food sector, with major players vying to attract consumers with hot brands as their weapons. 17 May 2016
Takealot.com adds liquor to its range
Online retailer Takealot.com has added a liquor category to its product range this week. The new liquor department launches with a strong range of spirits, MCC, champagne and sparkling wine. 16 May 2016
Instant engagement - next step for online classifieds
Whilst the primary function of classifieds still is the bringing together of buyers and sellers, the proliferation of mobile technology has seen a change in the way users want to experience online classifieds. 16 May 2016
US retail giants feel pain as online shopping hits
NEW YORK - Iconic American stores Macy's and Gap are facing tough questions about their future following dreary earnings announcements last week that highlighted the growing market share taken by online retailers. 16 May 2016
Wal-Mart sues Visa over chip cards in US
NEW YORK - US retail giant Wal-Mart is suing Visa to give customers using chip-enabled debit cards in its US stores the right to punch in a PIN code. 13 May 2016
Personal shoppers at Menlyn Park
The services of two highly experienced personal shoppers are now available to all customers at the Menlyn Park Shopping Centre in Pretoria, ensuring a tailor-made shopping experience. 13 May 2016
Woolworths and MySchool donate campaign proceeds
Woolworths and MySchool have recently celebrated the handover of a R400,000 donation, raised through their 2015 Christmas campaign, to the Children's Hospital Trust - the fund-raising arm of Cape Town's Red Cross War Memorial Children's Hospital. 13 May 2016
Baby Friday at Checkers Hyper today
Today, Friday, 13 May, 2016, is Baby Friday at Checkers Hyper and there are one-day-only specials in which prices are cut by up to 50% on a wide range of baby products. 13 May 2016
Entries to POPAI SA 2016 Awards now open
Entries to the POPAI (Point of Purchase Advertising International) South Africa 2016 Awards are open for entries until Thursday 30 June, with an extended deadline and final cut-off for all entries of Friday 29 July 2016. 13 May 2016
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