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Retail News

Edcon CEO Bernie Brookes.
Picture:
Edcon CEO Bernie Brookes. Picture: Financial Times
Edcon, SA's largest clothing retailer that was saved by a bailout deal with creditors, plans to cut back on buying clothing from China and Bangladesh. 11 Oct 2016
Dunkin' Donuts brings launch date forward, opens in two days
The launch date for Dunkin' Donuts' first South African restaurant has been brought forward to Thursday, 13 October at midday at the Goodwood precinct in Cape Town. 11 Oct 2016
Shopper survey shows Clicks in first place for Health, Beauty and Fragrance Outlets, Pharmaceutical Outlets
In The Times/Sowetan Shopper Survey 2016, Clicks achieved first place in the Health, Beauty and Fragrance Outlets and Pharmaceutical Outlets categories, and third place overall. 11 Oct 2016
Pound crash hits SABMiller investors
© Potapova Valeriya – 123RF.com
The British pound's flash crash could not have come at a worse time for South African shareholders who will receive rand payment based on Monday's rand-sterling exchange rate. 11 Oct 2016
A customer heads for a Pick n Pay shop in Cape Town.
Picture:
A customer heads for a Pick n Pay shop in Cape Town. Picture: Reuters/Mike Hutchings
Investors in Pick n Pay sent the company's share price climbing as much as 3% in intraday trade on Friday, on a day when most food retailers made marginal gains, after releasing a trading statement that defied the constrained local consumer environment. 11 Oct 2016
Friedel Sass
Picture:
Friedel Sass Picture: Financial Mail
An unexpectedly flat performance from plastic packaging specialist Bowler Metcalf's 43%-owned soft-drink bottling subsidiary, SoftBev, has resulted in an outpouring of speculation. 10 Oct 2016
Bernie Brookes.
Picture:
Bernie Brookes. Picture: Sunday Times
Why would an Australian who is nearing retirement age come all the way to SA to be CEO of Edcon, a company that could have gone bust? 10 Oct 2016
Fashion victim: Edcon's near-death experience
WHAT IT MEANS: Jury still out on whether new deal will restore former glory. Loss of credit extension and fashion sense big drawbacks. 10 Oct 2016
Astrapak CE Robin Moore.
Picture:
Astrapak CE Robin Moore. Picture: Russell Roberts
After four years in intensive care, Astrapak is on the mend. 10 Oct 2016
- Burger King
Burger King® SA launches first TVC
BURGER KING® South Africa launched its first local television commercial last night, Thursday, 6 October. With a definite South African spin, the ad dramatises an emotion everyone has experienced at some point - food envy. 7 Oct 2016
Retail industry 'has growth potential'
Stretched consumers with reduced disposable income are not unique to SA's retail sector, says Raam Ratnam, S&P Global Rating's senior director for corporate ratings for retail companies. But pressure on credit spend is a significant local risk. 7 Oct 2016
The benefits of private Wi-Fi solutions for retail
© cunaplus – 123RF.com
Marius Visser, executive: Business Solutions at Metacom explains how business decision makers can benefit from Wi-Fi solutions and suggests things to think about when implementing one... 7 Oct 2016
Clover launches second Manhattan Ice Tea Shop Like a New Yorker competition
Clover recently launched the second Manhattan Ice Tea Shop Like a New Yorker (#SLNY2) competition. 7 Oct 2016
Amazon said the "Prime Reading" program would include "over a thousand popular books" ()
Amazon said the "Prime Reading" program would include "over a thousand popular books" (AFP Photo/Stephen Brashear)
WASHINGTON - US online giant Amazon on Wednesday launched a new "Prime Reading" programme for US members of its subscription programme, allowing unlimited reading of a rotating selection of e-books. 7 Oct 2016
123RF
123RF
The National Credit Regulator (NCR) is finalising its response to a lawsuit brought by three retail groups in June challenging its new affordability assessment regulations, which retailers claim caused millions of rand in lost sales. 6 Oct 2016
123RF
123RF
With new or greater demands, the business offering and its supporting processes must be developed to retain and attract more customers. This has become particularly apparent in the shift to digital, especially within the environment of customer service through contact centres. 6 Oct 2016
Amarula wins gold at Travel Retail Excellence Awards in Cannes
The new Jabulani bottle from Amarula has won a Gold Travel Retail Excellence Award at this year's Drinks International Travel Retail Awards held in Cannes earlier this week. 6 Oct 2016
Local partnerships could change the game for budding entrepreneurs in SA
Nona Holdings, Shopstar and Kamers have joined forces to give e-commerce the push it needs in helping SA businesses develop more holistically. 6 Oct 2016
Wilderer Distillery wins at Michelangelo International Wine and Spirits Awards
At the recent Michelangelo International Wine and Spirits Awards, Wilderer Distillery received two gold medals and a silver medal. The gold medals were for its Fynbos Gin and Grappa Muscato Barrique and the silver for Peach Mampoer. 6 Oct 2016
Shoprite Group ready for World Food Day
World Food Day, on 16 October every year, is an international day of action against hunger, with people from around the world coming together to declare their commitment to eradicate hunger in our lifetime. The Shoprite Group is commemorating the cause by reaffirming its commitment to fighting hunger in the communities in which it operates. 6 Oct 2016
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