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Retail News

Change or die: American malls confront Amazon era
©tykhyi via 123RF
NEW YORK, US - As the retail industry churns in the Amazon era, American shopping malls are turning to a new generation of stores, food and entertainment offerings to make up for an exodus of department stores. 15 Aug 2017
pexels via
pexels via Pixabay
VIENNA, Austria - Austria on Monday became the latest European country to confirm that it has found the insecticide fipronil in egg products imported from Germany, the Netherlands, Belgium and Poland. 15 Aug 2017
Long4Life is a shot in the arm for Holdsport
Holdsport's share price has raced ahead in the past year, climbing 12%. This puts the company way ahead of the general retailers' index, which has declined by 18% in the same time frame. 15 Aug 2017
Liqueur label cuts famous flapping ears
If you notice something different about your Amarula that's for good reason - as Africa's elephants continue to be slaughtered en masse, the liqueur has removed the elephant from its famed logo. 14 Aug 2017
#WomensMonth: Four decades of formidable fashion with Marianne Fassler
With an illustrious career spanning 40 years, designer, icon, businesswoman, mentor and all-around creative Marianne Fassler remains a formidable force in South Africa's fashion industry. 14 Aug 2017
The rise of females in franchising
According to the international Franchise Association (IFA) there are more than 25% of women operating franchises in the world and that doesn't include another 17% of the population where men and women operate franchises together as partners. This is expected to increase over the next five years. 14 Aug 2017
Lorna Scott adds female fynbos flair to SA's gin segment
Lorna Scott, a driving force behind South Africa's craft gin revolution, had never worked in a distillery before or had any experience in the liquor industry, when she launched Inverroche Gin in 2012 in Still Bay with her son Rohan and daughter Lauren. 14 Aug 2017
Manufacturing figures point to an end to recession
Manufacturing production increased in the second quarter of the year - indicating SA may be heading out of recession. 14 Aug 2017
Retailers may breathe easier in fourth quarter, say analysts
While there is no outright good news for retail, analysts say the last quarter of 2017 is unlikely to plunge the sector to new lows. 11 Aug 2017
Image credit: Avsar Enamel
Image credit: Avsar Enamel
Under the ambit of the Turkish Housewares Manufacturers & Exporters Association, 25 Turkish houseware manufacturers will hold B2B meetings with local business partners in Sandton on 15 August 2017. 11 Aug 2017
#WomensMonth: Cape Town kombucha queen Meghan Werner
Kombucha, a fermented tea lauded for its immune-boosting benefits, has been around for over 2,000 years but has recently gained popularity among followers of the health movement. 11 Aug 2017
SACSC Annual Congress set for Cape Town in September
The South African Council of Shopping Centres (SACSC) Annual Congress, being held on 13-15 September 2017 at the Cape Town International Convention Centre, will focus on personalisation, innovation and experience. 11 Aug 2017
Steinhoff aims for African champion
Christo Wiese's determination to consolidate his retail holdings in one entity and the Public Investment Corporation's affection for the notion of an African retail champion are behind plans for Steinhoff Africa to acquire a controlling stake in Shoprite, analysts say. 11 Aug 2017
Spontaneous dining-out app launches in Cape Town
A new app, Feastfox, offers Capetonians the ability to book spontaneously at a lineup of over 60 top eating and drinking spots, including the likes of Reuben's, Kyoto Gardens Sushi, La Boheme, Nobu, Culture Club Cheese, Clarke's, Hokey Poke, Scheckter's Raw and Shio. 10 Aug 2017
Women in franchising flourish
©Ian Allenden via 123RF
The face of franchising has become much more welcoming to women in the two decades since the Cash Converters brand was launched in Southern Africa, according to company MD Richard Mukheibir. “Today about a third of the company's franchisees are women, some owning two stores." 10 Aug 2017
Customer-centricity at the heart of TFG's online sales success
While many SA retailers buckle under the pressure of difficult trading conditions, TFG has reported positive results in the online retail sector, with its e-commerce division experiencing over 40% year on year growth. The positive sales results are a result of TFG implementing changes based on feedback from online customers. 10 Aug 2017
New Pick n Pay app downloads top 10,000 in 24 hours
Pick n Pay's latest version of its mobile app for Android exceeded 10,000 downloads within the first 24 hours of its release. The retailer expects the newly released iPhone version to show comparable download volumes. 10 Aug 2017
Cheers to Lesley Gracie this Women's Month
This Women's Month, gin drinkers can salute Lesley Gracie, master distiller at the Hendrick's Distillery who, alongside fellow master distiller at William Grant & Sons, John Ross, crafted the recipe for Hendrick's Gin in 1999. It stole the hearts of gin drinkers with its original infusion of rose and cucumber essence. 10 Aug 2017
Premier Foods in court fight over use of name
Premier Foods, in which investment group Brait has a majority stake, is taking Premier Food & Fishing (PFF) to court over the company's name. 10 Aug 2017
Image credit: Russell Oberts via Business Live
Image credit: Russell Oberts via Business Live
The establishment of an R84m fund to educate previously disadvantaged individuals might help to secure sufficient shareholder support for Shoprite's plan to repurchase R1.7bn worth of shares from former CEO Whitey Basson. But analysts say minorities will be reluctant to back the proposal. 8 Aug 2017
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