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Retail News

Dunkin' opens donuts outlet
© dolgachov – 123RF.com
Another US household name has launched in SA, with Dunkin' Donuts officially opening its first store in Cape Town on Thursday. Four more outlets are planned for launch in the Western Cape by Christmas. 14 Oct 2016
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Picture: AFP.com
SAN FRANCISCO, USA: US online giant Amazon on Thursday announced that it plans to hire 120,000 seasonal workers to help handle an expected crush of holiday shopping. 14 Oct 2016
Food trends: The jus just ain't worth the squeeze
© Yulia Grogoryeva – 123RF.com
What's hot on the local food scene? What's being served up and what's joining the leftovers? 14 Oct 2016
Carlo Gonzaga and Howard Schultz.
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Carlo Gonzaga and Howard Schultz. Picture: Freddy Mavunda
Pretax losses at franchising group Taste Holdings widened to R45.5m in the six months to end-August, but the longer-term profit potential of the Starbucks coffee brand has started to percolate through since being launched in April. 14 Oct 2016
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NEW YORK - Coca-Cola and Pepsi, the two major US soda giants, have given millions of dollars to health organizations while quietly fighting anti-obesity measures such as taxes on soft drinks, a new study shows. 14 Oct 2016
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NEW YORK - Online giant Amazon launched an expanded on-demand music streaming service in the US on Wednesday, taking on the likes of Spotify and Apple Music with a cut-price offer for users of its Echo speakers. 13 Oct 2016
Edcon launches money transfer service
© David Molina – 123RF.com
Edcon, in partnership with the South African Bank of Athens and Blue Label Telecoms, has launched its first ever money transfer service, MoovaMoney. This is a new platform for its customers to deposit, send and withdraw cash instantly, using mobile phones nationwide. 13 Oct 2016
Menlyn Park Shopping Centre offers additional menswear stores
With its R2bn redevelopment, Menlyn Park Shopping Centre is adding a number of local and international menswear stores to its offering next month to further cater for the fashion-conscious man. 13 Oct 2016
The recently opened Starbucks Menlyn Maine store in Pretoria also serves the Starbucks Reserve brand, meaning South Africa is among the less than 2% of Starbucks stores globally offering the micro-lot and exclusive coffees specifically roasted in Seattle.
The recently opened Starbucks Menlyn Maine store in Pretoria also serves the Starbucks Reserve brand, meaning South Africa is among the less than 2% of Starbucks stores globally offering the micro-lot and exclusive coffees specifically roasted in Seattle.
Taste Holdings has released its interim results to August 2016, which show the South African-based management group has experienced significant gains in its licensed brand strategy, as the Domino's Pizza business settles down and Starbucks Coffee draws consumer interest. 13 Oct 2016
Verimark CEO Michael van Straaten.
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Verimark CEO Michael van Straaten. Picture: Financial Mail
Direct response retailer Verimark returned to profit on flat sales in the six months to end-August, it reported on Wednesday morning. 13 Oct 2016
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The costs of establishing Starbucks and Domino's in SA caused Taste Holdings' interim loss to widen... 13 Oct 2016
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Within hours of Anheuser Busch InBev (AB InBev) formally completing its takeover of SABMiller, the Coca-Cola company said it planned to exercise a change-of-control clause to buy SABMiller's 57% share in Coca-Cola Beverages Africa (CCBA). 13 Oct 2016
Amazon Music Unlimited will offer "tens of millions of songs" to subscribers, a step up from two million available on its existing Amazon Prime streaming service ()
Amazon Music Unlimited will offer "tens of millions of songs" to subscribers, a step up from two million available on its existing Amazon Prime streaming service (AFP Photo/Lionel Bonaventure)
SAN FRANCISCO - Online retail giant Amazon plans to expand its grocery business with shops that let people quickly pick up milk, vegetables or other perishable foods, the Wall Street Journal reported on Tuesday. 13 Oct 2016
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Although manufacturing production rose more than expected in August, its contribution to third-quarter economic growth will be lower than that of the second quarter. 12 Oct 2016
The Times/Sowetan Shopper Survey awards Shoprite as SA's top retailer
The ninth annual The Times/Sowetan Shopper Survey recently announced Shoprite as the overall winner of the Shopper Grand Prix Award, with Pick n Pay and Clicks in second and third place respectively, for the third year running. The survey, conducted by TNS on behalf of Times Media, measures customer sentiment across 19 retail categories. 12 Oct 2016
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SABMiller's 119-year history on the JSE is set to end in something of a whimper as the steadily weakening pound eats into the sale premium expected by South African shareholders. 12 Oct 2016
AB InBev, which produces Budweiser, is the world's top brewer ()
AB InBev, which produces Budweiser, is the world's top brewer (AFP Photo/Justin Tallis)
BRUSSELS - The world's biggest brewer Anheuser-Busch InBev confirmed the sale of major businesses in Africa, Europe and Asia on Tuesday, as it completed the mega-takeover of rival SABMiller. 12 Oct 2016
Bolaji Edu, CEO of Broll Nigeria. 
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Bolaji Edu, CEO of Broll Nigeria. Picture: LinkedIn
According to Broll Nigeria, retail landlords have had to offer rental concessions in order to retain tenants in Nigeria and falling commodity prices, coupled with the depreciation of the naira, have contributed to the reduction of Nigeria's attractiveness as an investment destination in general. 12 Oct 2016
#SustainabilityMonth: Organic supermarket opens in Nigeria
A New Earth, a boutique organic and eco-living store based in Beirut, Lebanon, recently announced its opening in Lagos, Nigeria. The expansion is testament to the owners' belief in moving towards a cleaner, healthier, more sustainable way of living. 12 Oct 2016
via Flickr
Chris Eason via Flickr
South African mobile commerce provider, iKhokha has won the Innovation Award at the MasterCard Innovation Forum which took place in Budapest, Hungry. 11 Oct 2016
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