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Retail News

Better supply chain collaboration, information sharing can drive business profit
© Timur Arbaev – 123RF.com
Similar to competing in the Formula 1, businesses in today's ever-changing omni-channel environment need superior skill, agility and collaboration to succeed. Similarly, business success comes down to how quickly a company can spot and react to market trends, disruption and changes in consumer demand. The foundation of this is supply chain agility and collaborative relationships with supply chain partners. 2 Aug 2016
Five retail errors to overcome
© conceptw – 123RF.com
Recent research has shown that less than 50% of new businesses survive beyond their fifth year, as today's business world is more dynamic and competitive than ever. 2 Aug 2016
KFC team adds hope at CEO SleepOut 2016
The KFC team of Doug Smart, md of KFC Africa, KFC champion Sydney Thela and KFC champion Sinanziwe Ndlovu joined the CEO SleepOut on 28 July 2016 on the Nelson Mandela Bridge to take a stand in fighting poverty and homelessness in South Africa. 2 Aug 2016
#WomensMonth: Kate Schrire and The Creamery of the crop
Strawberry basil, white nectarine, jasmine blossom, hot cross bun, pistachio, and Catawba grape are not your average ice cream flavours and when 'garden mint' in a sugar cone tastes like exactly that, it must be true that The Creamery is the cream of the crop in the ice cream business. 2 Aug 2016
Pioneer Foods acquires UK's Streamfoods for £7.5m
Adding to its product portfolio in the UK, Pioneer Foods, a leading South African FMCG company, has entered into an agreement to acquire the entire issued share capital of Streamfoods in the UK for £7.5m. Streamfoods is wholly owned by the Wellness Group of companies. 2 Aug 2016
Machines operate at Ford’s assembly plant in Silverton, Pretoria. Picture:
Machines operate at Ford’s assembly plant in Silverton, Pretoria. Picture: Supplied
Manufacturing activity increased in July but at a slower pace than in June - mainly due to a significant drop in business activity, in line with a weak economy. 1 Aug 2016
Picture: AFP
Picture: AFP
WASHINGTON - Online giant Amazon said on Thursday profit in the second quarter surged ninefold as cloud computing and other services helped produce a fifth consecutive profit. 1 Aug 2016
Brewer SABMiller accepts AB InBev final offer
© AFP/File | AB InBev is already the world's top brewer and the SABMiller acquisition is in line to be the third largest in history.
LONDON - Brewer SABMiller's board on Friday accepted a final takeover offer from rival Anheuser-Busch InBev, the company said in a statement, heralding what will be one of the world's biggest ever takeovers. 1 Aug 2016
Another SA win at International Wine & Spirit Competition
Adding to the South African accolades achieved earlier this month at the International Wine & Spirit Competition (IWSC), Van Ryn's brandy distillery in Stellenbosch this week claimed the International Wine & Spirit Competition trophy for Worldwide Best Brandy. 1 Aug 2016
Clover Mama Afrika winner gets Madiba Week renovation
Following her recent win at the Clover Mama Afrika Smarties Week, Mama Mirriam Toni and her Ncedisizwe Centre in Mbekweni, Western Cape received a R150,000 donation by MiX Telematics towards revovations. 29 Jul 2016
#FreshOffTheShelf: HovnBae song selected for new Cheese Curls commercial
A feel good song 'Gonna Make You Smile', by South African band HovnBae, was recently selected as the perfect fit for the new Willards Cheese Curls, Cheese and Onion flavour. 29 Jul 2016
South African online retail reaches 1% of sales but needs innovative business models
According to the World Wide Worx Online Retail in South Africa 2016 report, online retail has maintained a growth rate of above 20% for several years. In 2015, the rate of growth was 26% or R7.5bn and this year, growth in rand terms is expected to remain the same as in 2015, taking the total to above R9bn. 29 Jul 2016
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BRUSSELS - Anheuser-Busch InBev, the world's largest brewer, said its offer for nearest rival SABMiller was final and could not be changed. 29 Jul 2016
#MandelaMonth: Ronald McDonald House to open at local hospital, a first for Africa
The objective of the Ronald McDonald House is to ensure that families stay together on-site, during the hospitalisation of their child. It also helps the doctors stay in constant contact with the parents, should they need them at short notice. Nothing else should matter when a family is focused on their child's health; not where they can afford to stay, how they can pay for transport or where they will get their next meal. 29 Jul 2016
#FreshOffTheShelf: Blood Serpent, Africa's first carbon neutral beer
South African brewer, Darling Brew has launched Blood Serpent, the first carbon neutral beer in Africa. Darling Brew is a microbrewery located in Darling in the Western Cape. 28 Jul 2016
Makro store in Midrand, Johannesburg.
Picture:
Makro store in Midrand, Johannesburg. Picture: Sowetan/Antonio Muchave
Massmart's long-running battle against the big retailers over long-term lease exclusivity agreements is set to continue after the Competition Tribunal decided on Wednesday to reserve judgment until a later date on whether to hear the matter. 28 Jul 2016
Piet Viljoen.
Picture:
Piet Viljoen. Picture: Hetty Zantman
Investment firm RECM and Calibre (RAC) - headed by investment personalities Piet Viljoen, Jan van Niekerk and Theuns de Bruyn - has made rosy returns on its holding in healthcare retailer Dischem, which is reportedly being prepped for a JSE listing. 28 Jul 2016
CEM Summit leads the way for the African customer experience industry
Since inception, the first of its kind Customer Experience Management Summit has more than doubled in size and is now the largest CEM conference in Africa. The event is taking place at the new Century City Conference Centre in Cape Town on 17 and 18 August 2016. 28 Jul 2016
Speaking Greek with MasterChef Australia's George Calombaris
MasterChef Australia co-judge, chef and restaurateur George Calombaris is back in South Africa for this weekend's Good Food & Wine Show, where foodies now have the chance to play 'MasterChef'. The Chef's Table is an interactive culinary masterclass new on the event's menu and accompanies the relaunch of the rebranded GF&WS. 28 Jul 2016
Makro store in Midrand, Johannesburg.
Picture:
Makro store in Midrand, Johannesburg. Picture: Sowetan/Antonio Muchave
Massmart's planned hearing at the Competition Tribunal began with a hitch on Tuesday, after the parties it sought to bring action against asked the tribunal not to listen to the matter. 27 Jul 2016
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