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Retail News

Food labelling pact aims to cut food waste
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NEW YORK, US - Many of the world's largest retailers and food companies have agreed to better labelling of products by 2020 in a bid to radically cut food waste, they announced Wednesday. 21 Sep 2017
Consumer spending leads economic recovery
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The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends and is part of the change Mastercard is undergoing, and a space it is spending more time in. 21 Sep 2017
#FreshOnTheShelf: Iceland's Reyka Vodka now in South Africa
Reyka Vodka made its debut in Iceland in 2005, when William Grant and Sons set out to make "the cleanest and smoothest vodka in the world". In 2011, it was awarded the Vodka Trophy at the International Wine and Spirit Competition (IWSC) and in 2013, the Gold Medal in the San Francisco World Spirits Competition. 21 Sep 2017
Image credit: Gucci via
Image credit: Gucci via Twitter
MILAN, Italy - Fashion week roared into Milan on Wednesday with a line-up of hotly anticipated shows from fresh talent as well as luxury titans ranging from Moschino to Armani, who are battling for their share of a rebounding market. 21 Sep 2017
Rising demand for probiotics in SA
The rise of obesity and fast-food consumption has resulted in probiotics dominating the vitamin and dietary supplements market. A Euromonitor report states that the probiotic industry in South Africa is predicted to be worth over R527 million for 2017, confirming that this sector is growing tremendously. 21 Sep 2017
Consumers can pick new Liqui-Fruit campaign's theme song
Two local emerging bands have produced songs that encompasses what it means to Feel Fully Alive, as part of Liqui-Fruit's new campaign. Consumers will have the chance to vote for their favourite, with the winning song becoming the soundtrack to the Liqui-Fruit TV ad. 21 Sep 2017
Western Cape takes a sober look at ways to curb drinking
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It's going to be much harder to buy a beer in Cape Town if the Western Cape government has its way. The provincial government is worried about how much alcohol abuse is costing it, saying that the taxpayer was subsidising the alcohol industry. 21 Sep 2017
Engen opens its first pharmacy concept in Kenya
In partnership with Payless Pharmacy, Engen has launched its first pharmacy-service station concept at its Hurlingham branch in Nairobi, Kenya. Selling over-the-counter and prescription medication, the pharmacy has been introduced as another avenue of convenience for Engen customers. 20 Sep 2017
Selena Gomez partners with Puma
Singer, actress and producer Selena Gomez has signed a long-term partnership with global sports brand Puma to work with the brand to design product and create marketing campaigns. She will first appear in the brand's newest campaign for the Phenom, an upcoming women's footwear drop. 20 Sep 2017
No paying via Bitcoin just yet says Pick n Pay
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Pick n Pay said on Monday it was unlikely to roll out the Bitcoin payment platform until there was a regulatory framework for managing risks associated with cryptocurrencies. 20 Sep 2017
#ClicksCurls: A celebration of natural haircare
There's a natural hair movement afoot that sees women - especially those of colour - choosing to ditch chemical straighteners and damaging styling tools in favour of embracing the wavy, kinky and coily tresses they were born with. 20 Sep 2017
#SACSCCongress: Cresta Shopping Centre gets top nod at Footprint Marketing Awards
On the second day of the South African Council of Shopping Centres (SACSC) Annual Congress, the 2017 Footprint Marketing Awards winners were announced, recognising exceptional shopping centre marketing, innovation and creative achievements, with economic success and excellent customer service. 20 Sep 2017
Toys 'R' Us SA won't be affected by US and Canada bankruptcy
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Amic Trading, the licence holder for Toys 'R' Us Southern Africa, says it will be unaffected by the bankruptcy declaration by Toys 'R' Us in the US and Canada, and expects to open seven new stores in the next three months. 20 Sep 2017
Toys 'R' Us files for bankruptcy
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NEW YORK, US - Retailer Toys 'R' Us has filed for Chapter 11 bankruptcy protection in a US court, the company said, amid heavy debt and a tough environment for brick-and-mortar stores. The chain which sells toys and baby products in the United States as well 38 other countries and jurisdictions joins other traditional retailers that are struggling to compete with the likes of Amazon. 19 Sep 2017
Sixth Franchise Leadership Summit takes place in November
The sixth annual FNB Franchise Leadership Summit takes place at Indaba Hotel Fourways on Thursday 16 November 2017, under the theme, “Exponential growth through entrepreneurship.” The event is attended by premium franchisors and companies that are interested in and those providing extended services in franchising as an expansion mechanism. 19 Sep 2017
Pick n Pay trials bitcoin payments
Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store have been able to use the cryptocurrency as a payment method by simply scanning a QR code using a Bitcoin wallet app on their smartphone when checking out. 19 Sep 2017
Image credit: Trevor Samson
Image credit: Trevor Samson
Healthcare products conglomerate Ascendis is still on the acquisition trail, but an investment presentation last week stressed a focus on markedly improving profit margins in existing operations that span the pharma-med, consumer brands and phyto-vet segments. 19 Sep 2017
Yuppiechef to open first physical store
Online kitchenware and homeware retailer, Yuppiechef, has announced the launch of its first brick and mortar store signaling the start of its omnichannel journey. The outlet is due to open at the Willowbridge Shopping Centre in Tyger Valley on 1 October 2017. 19 Sep 2017
Big data divide: what traditional retailers can learn from e-commerce
The harsh reality is that local retailers are still very early on their journeys towards leveraging big data. Traditional business models and a reliance on physical retail outlets still dominate our retail sector. But, as retailers consider the right big data strategies to power future sales growth, it could be instructive to look at the approaches of their online-only peers, those ‘pure-play' digital retailers - both South African and international. 19 Sep 2017
#SACSCCongress: Nigella Lawson on the role of food in storytelling
Internationally renowned food writer and TV cook Nigella Lawson has amassed a loyal following of food lovers charmed by her no-fuss approach to cooking and ornate descriptions of food that are telling of her authentic passion for the subject. 18 Sep 2017
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