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Retail News

The world's largest soft-drink maker, Coca-Cola, is to buy multinational beverage and brewing giant Anheuser-Busch InBev's 54.5% stake in Coca-Cola Beverages Africa (CCBA), including the South African operation, for $3.15bn, AB InBev announced on Wednesday. 22 Dec 2016
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Picture: Samsung.com
Greenstone Mall in Edenvale now has a Samsung Electronics store providing the latest in mobile and wearable products, visual display and audio devices, as well as digital and home appliances. 21 Dec 2016
(c) Wavebreak Media Ltd -
(c) Wavebreak Media Ltd - 123RF.com
Christmas is usually a lucrative time for e-commerce retailers, offering an opportunity to expand one's customer base, clear out old stock and make higher sales than usual. However, many online stores make some crucial mistakes that end up lowering their conversion rates significantly. 21 Dec 2016
Nike chief financial officer Andy Campion said the sports giant is in the process of addressing excess supplies and that the key North America region should return to profit-margin growth in the next six months ()
Nike chief financial officer Andy Campion said the sports giant is in the process of addressing excess supplies and that the key North America region should return to profit-margin growth in the next six months (AFP Photo/Getty Images)
NEW YORK - Nike reported higher second-quarter earnings on Tuesday behind increased sales in key markets, including China, and said it was making progress in cutting inventory in North America. 21 Dec 2016
(c) jassada wattanaungoon -
(c) jassada wattanaungoon - 123RF.com
More than 140 police rookies have been deployed to shopping malls in Port Elizabeth in an attempt to strengthen security during the festive season. 20 Dec 2016
It's snowing again at Trigg Jewellers
Shoppers at Cavendish Square in Cape Town may have noticed the annual display in the windows of Trigg Jewellers. 20 Dec 2016
(c) bubbersher -
(c) bubbersher - 123RF.com
Counterfeit toys are no only the product of criminal enterprises but also pose a danger to the children who receive them. 19 Dec 2016
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Picture: Sunday Times
The Competition Commission is poised to get tough on South Africa's school uniform monopolies, which force parents to cough up thousands of rands for new school kit even though similar items can usually be bought elsewhere at a fraction of the cost. 19 Dec 2016
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Picture: Reuters
The Public Investment Corporation, which invests state-employee pension funds, will buy global brewer Anheuser-Busch InBev's stake in Distell. 19 Dec 2016
Control: Christo Wiese’s tie-up strategy with Shoprite could see Steinhoff swallowing some Brait assets.
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Control: Christo Wiese’s tie-up strategy with Shoprite could see Steinhoff swallowing some Brait assets. Picture: BDlive/Hetty Zantman
The share prices of Steinhoff and Shoprite plunged on Wednesday following the announcement that the retail conglomerates were discussing a potential merger of their African retail interests to create a "retail champion" on the continent. 15 Dec 2016
An Amazon picture of a flying "octocopter" mini-drone that would be used to fly small packages to consumers ()
An Amazon picture of a flying "octocopter" mini-drone that would be used to fly small packages to consumers (AFP Photo)
WASHINGTON - Amazon said on Wednesday it completed its first delivery by drone, in what the global online giant hopes will be a trend in automated shipments by air. 15 Dec 2016
MySchool raises over R70m for schools, charities
The funds raised by the MySchool MyVillage MyPlanet fundraising programme during its last fiscal are a reminder that there is a smart way to use shopping to make a difference in our communities, and in the country as a whole. Thanks to all the cardholders around the country, R70,319,673.21 was raised in 2016 for a range of schools, charities and conservation organisations. 15 Dec 2016
Kevin Tucker
Kevin Tucker
Despite Black Friday and Cyber Monday, many established online retailers find that the festive shopping season can be one of the most challenging and slow months from a sales perspective. However, savvy site management and ongoing marketing are key factors in avoiding the slump. 15 Dec 2016
Menlyn Park Shopping Centre supports Smile Foundation through gift wrapping service
After the official relaunch of Menlyn Park Shopping Centre, it is giving back by launching three gift-wrapping pop-up stores, with all proceeds going to Smile Foundation. Smile Foundation helps children with any type of facial abnormality, a chance to receive free corrective plastic and reconstructive surgery within South Africa. 15 Dec 2016
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Shoprite and the African operations of Steinhoff are to be merged into a new group called Retail Africa, major shareholders of both retailers Christo Wiese and the Public Investment Corporation (PIC) announced on Wednesday. 14 Dec 2016
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Beer colossus Anheuser-Busch InBev (AB InBev) has not had a good first year on the JSE. The company's share price is down 27% since it listed, amid much excitement, in early January. It briefly touched R2,000 in February and again in May before trending down to end the year at about R1,400. 14 Dec 2016
Gift wrapping service at Checkers, Shoprite supports charity
Shoprite, Checkers and Checkers Hyper stores will be offering a gift wrapping service in the lead up to Christmas. 14 Dec 2016
How to promote your retail mattress store offline and online?
Mattresses fall in a category where the customers desire to feel it physically before buying, but how can you forget the increasing trend of e-commerce? You may be the retail owner of a mattress store, but if you are not on a digital marketing platform then you are missing a lot of opportunities. 14 Dec 2016
- Topco Media
Standard Bank tables a power breakfast for women in retail
On Friday, 9 December 2016, Standard Bank and Topco Media brought close to 100 businesswomen together at the forefront of South African retail to unpack opportunities for success in the retail industry sector. 14 Dec 2016
Fry's Family Foods wins top SETA Award
The Food Bev Seta has awarded the Fry's Family Foods has been awarded the Gold Award in the Medium Companies Category for excellence in opportunities offered in occupationally directed training programmes. 14 Dec 2016
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