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Retail News

World's first Fairtrade Webstore launched
Fairtrade South Africa has launched the world's first Fairtrade Webstore - an online platform where consumers will be able to shop their favourite products. 23 May 2016
Sales of Flavoured Alcoholic Beverages down, says Bmi report
BMi Research has revealed that the flavoured alcoholic beverage (FAB) category (traditional alcoholic fruit beverages, such as ciders and wine-based fruit ales, as well as spirit coolers or pre-mixed products) declined in volume in 2015. 23 May 2016
Clothing store Mango angers customers after 'technical issue' leads to R1 sale
Shoppers are outraged after clothing store Mango listed a range of products for R1, before cancelling all orders on those products. 20 May 2016
Stand awards for Decorex announced
Visitors to Decorex Cape Town, which took place recently at the CCITC, witnessed a line-up of creative inspiration and a variety of interactive installations, under the show theme: Take It Home, Make It Home. 20 May 2016
Scottish Leader appoints new female lead blender
You can savour the smooth, sweet, rich and smokey taste of the new Scottish Leader Signature this World Whisky Day, on 21 May, 2016, and drink a toast to the new female lead blender for Scottish Leader: Dr Kirstie McCallum, an analytical chemist by training and one of the first women in Scotland to become a whisky maker. 20 May 2016
African countries to be hardest hit by global food price, UN report finds
If global food prices double then China could lose $161bn in GDP and India could lose $49bn, but African countries will be hardest hit, according to a new report released today by the United Nations Environment Programme (UNEP) and Global Footprint Network. 20 May 2016
Grocery retailing: Five lessons for doing business in Africa
The 'Africa rising' narrative has resulted in several South African grocery retailers seeking to expand across the continent - in part to seize the opportunities presented by the 'last frontier', but also to reduce reliance on challenging market conditions at home. 20 May 2016
Swiss likely to cushion Spar from heavy weather at home
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Spar Group's move into Switzerland means the retailer will probably weather the storm in its home market, where consumers are under pressure from a weakened currency and higher interest rates. 20 May 2016
March wholesale trade sales up 1.8% y/y
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Growth in wholesale trade sales in constant 2012 prices accelerated marginally to 1.8% in March compared with a year ago from 1.2% in February, Statistics SA data showed on Thursday. 20 May 2016
Wal-Mart reports stronger US sales; shares jump
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NEW YORK - US retail giant Wal-Mart reported slightly higher quarterly sales on Thursday and said better-than-expected earnings reflected the benefits of heavy investment to boost worker salaries and improve the shopping experience. 20 May 2016
#AfricaMonth: Loving Levi's locally
© ANDPEOPLE.
Today, 20 May, marks the 143rd birthday of the Levi's 501 button-fly. To celebrate the milestone of that red-tagged fashion favourite, members of the South African media were recently invited on an exclusive factory tour and screening of the new global documentary unstitching its history. 20 May 2016
Google virtual home assistant to challenge Amazon Echo
MOUNTAIN VIEW - Google on Wednesday unveiled a virtual home assistant device that brings together the Internet titan's strengths to challenge Amazon Echo. 19 May 2016
Sharply slower retail sales growth adds to gloomy economic picture
Retail sales growth slowed more than expected in March, adding to an increasingly gloomy economic picture. 19 May 2016
Panel to ask hard questions about retail sector
The Competition Commission panel appointed to conduct a year-long market inquiry into the grocery retail sector, is set to ruffle feathers as it tackles contentious issues, most notably lease exclusivity at malls. 19 May 2016
Spar reports overall FY revenue growth of 16.8% to R42.5bn
Spar Ireland's revenue rocketed 44.7% to R11.1bn in the year to end-March, helping the JSE-listed grocery chain report an overall revenue growth of 16.8% to R42.5bn on Wednesday. 19 May 2016
Pernod Ricard sells Paddy Whiskey to US drinks company Sazerac
PARIS - France's drinks giant Pernod Ricard said Tuesday it is selling Paddy Whiskey to American drinks company Sazerac as part of efforts to streamline its portfolio. 19 May 2016
Burberry cuts cloth as profits slide
LONDON - Luxury fashion group Burberry on Wednesday announced a fall in annual net profits, triggering a three-year programme of cost savings totalling at least £100m ($144m, 128m euros). 19 May 2016
RCL Foods denies that government cap will result in more expensive chicken
The government's recent announcement that injection brine in frozen chicken will be capped at 15% has led to widespread reports that frozen chicken portions will become more expensive with the new cap. 19 May 2016
Top tips from Starbucks to forming a community by creating cultural value
Starbucks' brand purpose is 'serving one cup to one neighbour at a time'. The company made it its mission to redefine what 'neighbourhood' meant to people, understanding that for most city dwellers this is no longer geographical, but is made up of a small number of disparate places that feel genuinely welcoming. 18 May 2016
The Wedding Expo brings tips for planning the perfect wedding
Planning your wedding can be one of the most exciting and most overwhelming times of your life. The 2016 The Wedding Expo, which takes place in Cape Town on 11 and 12 June, 2016, at the Cape Town International Convention Centre (CTICC), puts the focus firmly on the exciting aspects of wedding planning. 18 May 2016
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