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Retail News

(c) Dmitriy Shironosov -
(c) Dmitriy Shironosov - 123RF.com
The countdown to Black Friday has begun. And retailers across the country are preparing for an influx of shoppers on the busiest shopping day of the year. 21 Nov 2016
Since taking the helm at Pioneer Foods in 2013, Phil Roux has made great strides at the company. Under his watch the former food sector also-ran's operating profit margin has risen from a sorry 4% to over 11%, its headline EPS have gone up 125% and its dividend has jumped over 150%. 18 Nov 2016
#PnPKeepsOnGiving with new Christmas song
Pick n Pay, together with Ladysmith Black Mambazo, have recently released a unique and proudly South African twist to the popular Christmas song, Little Drummer Boy made famous by Boney M. 18 Nov 2016
Olive Ndebele
Olive Ndebele
Successfully redeveloping a shopping centre involves myriad considerations, not least of which is how to look after existing customers during the chaos of construction. Olive Ndebele, GM of Menlyn Park Shopping Centre in Pretoria, tells us how they did it. 18 Nov 2016
Woolworths replaces plastic microbeads with biodegradable alternatives
Woolworths is replacing all the plastic microbeads in its private label beauty and personal care products with biodegradable ingredients in support of the environment. 18 Nov 2016
(c) rido -
(c) rido - 123RF.com
Integrated payment systems result in improved efficiency, reduced risk and costs for consumers, merchants and banks, so what's stopping retailers from making the shift? 18 Nov 2016
Thomas Pays
Picture: Supplied
Thomas Pays Picture: Supplied
With the rise in popularity of Black Friday, local electronic funds transfer payment gateway, i-Pay is set to double its transaction volumes over November and December this year, according to co-founder and CEO Thomas Pays. 18 Nov 2016
(c) Alexander Korzh -
(c) Alexander Korzh - 123RF.com
Wholesale trade sales rose 3.4% in September compared with a year ago, Statistics SA said on Thursday. 17 Nov 2016
Picture:
Picture: TetraPak.com
BEIJING - Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant. 17 Nov 2016
Graham O’Connor.
Picture:
Graham O’Connor. Picture: Financial Mail
Spar Group has reported a 12% surge in full-year operating profit, largely defying the malaise in the local retail sector and the Brexit-inspired dip in Europe's consumer confidence. 17 Nov 2016
123RF
123RF
Retail sales, once the darling of the economy and a significant contributor to GDP, are on a downward spiral and there is no immediate end in sight. 17 Nov 2016
Tobacco firm puffs over plain packaging
British American Tobacco SA (Batsa) is concerned the Department of Health's proposals for plain packaging would boost the illicit trade in tobacco that, at about 24% of SA's cigarette market, is twice the global average, and could further reduce the tax take from tobacco. 17 Nov 2016
(c) movingmoment -
(c) movingmoment - 123RF.com
Pioneer Foods Group Limited announced today that it would buy a 49.89% stake in Weetabix East Africa Limited for an undisclosed amount. 16 Nov 2016
Vida e caffè, Discovery Vitality and Shell partner to reward customers
Vida e caffè, a partner to Discovery Vitality's Active Rewards programme and Shell forecourts have partnered to offer wellness rewards to customers. Through 87 of its 110 vida e caffè or Torrador by vida e caffè outlets, Vitality Active Rewards members will be able to claim their coffees and beverages at Shell locations across the country, while filling up on fuel. This will give Discovery Vitality members the ability to redeem their rewards in a far wider vida network. 16 Nov 2016
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Krispy Kreme Doughnuts will open a new store at the Gateway Theatre of Shopping in Umhlanga, KwaZulu-Natal in March 2017. Gateway, voted Best Shopping Centre by the Daily News Your Choice Awards in 2014 and 2015, will be home to the first Krispy Kreme store outside of Gauteng. 16 Nov 2016
A Spar store in Rosemount, South Africa.
Picture:
A Spar store in Rosemount, South Africa. Picture: BDlive
Expansion into Switzerland helped grocery chain Spar grow revenue 24.5% to R92.2bn and attributable profit 27.7% to R1.8bn in the year to end-September, it reported on Wednesday morning. 16 Nov 2016
Consol glass milk bottle campaign well received by media
To celebrate its 70th birthday, Consol recently embarked on a campaign that saw selected residents in Johannesburg and Cape Town receive special milk deliveries in glass bottles. The milk was delivered by a milk truck and milkman and the campaign captured the nostalgia of days gone by and was well received by various media. 16 Nov 2016
(c) varandah -
(c) varandah - 123RF.com
National Credit Regulator submits changes to affordability assessment regulations 15 Nov 2016
Launch of KARMA businesswear online
'Not just a uniform'

On trend, in style... and now... available online. 15 Nov 2016
- BMi Research
Click to view report
Click to view report
South African local wine sales increased during 2015 in terms of volume and value. 15 Nov 2016
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