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Retail News

New Superbalist campaign shot in Senegal
Superbalist.com presents a unique winter campaign shot in Dakar, Senegal. Breaking new ground for SA retail, Superbalist.com recently travelled to Dakar, Senegal to shoot its bold winter campaign under the guidance of style director Tammy Tinker. 20 Jun 2016
New tenants announced for The Zone @ Rosebank
The Zone @ Rosebank is undergoing a R500m revamp and the second phase of the project has introduced new big-name tenants, and a city-sightseeing bus stop will follow shortly. 20 Jun 2016
Donna Oosthuyse from the JSE; Praxia Nathanael, Gold Brands Investments CEO and chief operating officer, Stylianos Nathanael, at the group’s listing.
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Donna Oosthuyse from the JSE; Praxia Nathanael, Gold Brands Investments CEO and chief operating officer, Stylianos Nathanael, at the group’s listing. Picture: Martin Rhodes
Gold Brands Investments, the restaurant franchisor that listed in February, reported R235.5m revenue and R9m aftertax profit for the year to end-February. 20 Jun 2016
Pick n Pay CEO Richard Brasher is optimistic, despite most African economies going through a rough patch.
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Pick n Pay CEO Richard Brasher is optimistic, despite most African economies going through a rough patch. Picture: Supplied
The top 100 grocery retail companies in the world chose to focus their expansion efforts on Africa and the Middle East in 2015, even as countries in this region struggled with adverse economic conditions. 20 Jun 2016
#CGFSummit: Reap the rewards of doing business sustainably
'Shared-value sustainability' was a hot topic on the third and final day of the Consumer Goods Forum, with insights shared by Nestlé CEO and former Consumer Goods Forum co-chair, Paul Bulcke. 17 Jun 2016
UNIDO and GFSI sign MoU
© Hieng Ling Tie – 123RF.com
The United Nations Industrial Development Organization (UNIDO) and the Global Food Safety Initiative (GFSI) have signed a Memorandum of Understanding (MoU) to signal their commitment to a large-scale partnership for food safety at a gathering of the world's consumer goods industry leaders at the CGF Global Summit. 17 Jun 2016
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The second Internationalisation of Retail study, from the Consumer Goods Forum and Planet Retail, has shown that major retailers are still becoming more international rather than less so - and at a surprisingly swift rate. In 2015, the world's largest 100 global grocery and health and beauty (H&B) retail chains increased the number of countries in which they operate more than at any time since 2011. 17 Jun 2016
#CGFSummit: Digitisation of everything
© Kamaga – 123RF.com
With customer expectations driving rapid change across the consumer goods and services industry, increasing the demand for innovative and personal experiences, it's time to welcome the era of living services. 17 Jun 2016
Steve Matthesen.
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Steve Matthesen. Picture: Nielsen.com
The perception that emerging markets are no longer a source of future growth for retailers is a dangerous retail myth that needs to be dispelled, global consumer insights company Nielsen told the world's top consumer goods companies' CEOs at The Consumer Goods Forum Global Summit at the Cape Town International Convention Centre (CTICC) earlier this week. 17 Jun 2016
OLX launches campaign to reposition brand
OLX has embarked on an advertising campaign to reposition the brand to create a more emotional connection with South Africans. Entitled #MoveUp, the campaign taps into the universal human truth that everyone wants to improve his lot in life, no matter how impossible it might seem. By showcasing the human progress behind each transaction, it positions OLX as an enabler of dreams, and the means by which anyone from any walk of life can facilitate forward progress - despite what the so-called 'system' might prescribe. 17 Jun 2016
Slowdown in retail sales signals growth drop
© optikus – 123RF.com
Retail sales moderated more than expected in April compared to a year ago, strongly signalling that household spending and economic growth will slow in 2016. 17 Jun 2016
Internet disrupting in-store shopping
Customers still prefer to shop in bricks-and-mortar stores in SA, but this pattern of consumption is being disrupted and reconfigured by the internet. 17 Jun 2016
Outgoing Poundland CEO Jim McCarthy poses for a photograph in a store in London, the UK.
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Outgoing Poundland CEO Jim McCarthy poses for a photograph in a store in London, the UK. Picture: Reuters/Stefan Wermuth
Steinhoff International, after revealing itself as the mystery buyer of a sizeable stake in UK retailer Poundland, had by Thursday snapped up 23% of the discount store chain. 17 Jun 2016
Christo Wiese.
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Christo Wiese. Picture: Financial Mail
Steinhoff confirmed on Wednesday it is the mystery buyer of a controlling stake in UK retailer Poundland. 17 Jun 2016
#CGFSummit: Food safety, not just a Western luxury
© Sakkmesterke – 123RF.com
A customer buys meat and vegetables from your store. He goes home, eats that fresh produce, and contracts a serious illness. Possibly even dies. Here's how to prevent this nightmare from becoming a business reality. 17 Jun 2016
#CGFSummit: Rise of the premium private label
© Michael Brown – 123RF.com
Take an overabundance of FMCG products, add limited shelf space, as well as more competition from retailers' own labels and more frequent change of products stocked by retailers, and retailers and manufacturers alike need a radical new approach to maintain their market share... 16 Jun 2016
#CGFSummit: Facebook disrupts retail
© Kampee Patisena – 123RF.com
Facebook's not just for socialising with friends and family, it's also a cutting-edge way for marketers to communicate with consumers in the most personal way possible. Here's how... 16 Jun 2016
Franchise opportunity with Crumbs & Cream
Crumbs & Cream, Cape Town's only ice cream sandwich store, is offering a franchise opportunity. Crumbs & Cream enables customers to create their own ice cream sandwich using freshly baked cookies and gelato. 16 Jun 2016
Mdantsane City turns eight and exemplifies the changing face of township retail
Previously a forgotten market - and especially in one of South Africa's poorest provinces, the Eastern Cape - townships were formerly dominated by informal traders and spaza shops. For a larger variety and bigger purchases, residents were forced to spend their hard-earned savings on public transport to retail centres in town or in neighbouring centres. 16 Jun 2016
MySchool partners with loot.co.za
MySchool MyVillage MyPlanet has announced a new partnership through which loot.co.za, one of South Africa's top-five online retailers, will join the fundraising initiative that raises millions of rand for schools and charities every year. 15 Jun 2016
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