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Retail News

- NielsenIQ
Consumer electronics sales soar in South Africa during Black Friday week
South African retailers saw strong sales during the week of Black Friday this year. Panel television unit sales experienced 47% growth and smartphone sales leaped 63% compared to the same week in 2016, according to point of sale tracking data from GfK South Africa. The value of panel televisions sold during the week was up 41% over the comparable week in 2016, while the value of smartphone sales climbed by 34%. 8 Dec 2017
Image credit: Jackie Clausen via
Image credit: Jackie Clausen via Times Live
The owner of a Durban fashion company has apologised for stripping female workers naked on suspicion of theft when they knocked off duty. 8 Dec 2017
Less than 30% of Africa's e-commerce startups profitable
©Elnur Amikishiyev via 123RF
Less than 30% of African e-commerce startups are profitable, as ventures tackle issues such as lack of funding, shortage of trust and logistical difficulties. 8 Dec 2017
#FreshOnTheShelf: New G+T premix distilled with the flavour of the Cape
Greenleaf + Terroir intends to shake up the pre-mixed alcoholic drink market, which has, for the most part, failed to truly win over consumers. Staking its place in the gin renaissance, Greenleaf + Terroir - or G+T for short - is a pre-mix of locally produced, small-batch gin and craft tonic served conveniently in individual-sized glass bottles. 8 Dec 2017
Steinhoff shares dive on suspected fraud
Steinhoff International's share price continued to plummet in heavy trade on Wednesday as fears mounted of long drawnout investigations by regulatory authorities in Europe, the US and locally in SA. 7 Dec 2017
Black Friday trumps Cyber Monday: BankservAfrica
Black Friday proved to be more popular than Cyber Monday this year, says automated payments clearing house BankservAfrica. According to the company's figures, 260,552 transactions were cleared on Black Friday compared to Cyber Monday's 129,458. 7 Dec 2017
Take-out trends in SA's major metropoles
Joburg and Durban beat Cape Town and Pretoria as the cities that order the most chicken during the working week. While trend-conscious Cape Town chose sushi as its lunchtime delivery of choice, bagging the honour of having more wasabi in their fridge than any other city. 7 Dec 2017
Amazon claims record-breaking Australia launch
SYDNEY - Amazon's Australia launch was the company's biggest-ever opening day for orders, the US giant said on Wednesday, but some shoppers were underwhelmed by the range of goods and prices on offer. 7 Dec 2017
Women in rural Tunisia mix hot sauce with business
MENZEL MHIRI, Tunisia - These Tunisian women have some sauce, pooling their resources and a seasoned culinary expertise handed down the centuries from mother to daughter. Their secret? Harissa - the spicy hot pepper paste used to add zing to dishes traditionally prepared in North Africa's Maghreb region. 7 Dec 2017
New local craft beer brewing to combat food waste and alleviate hunger
Toast Ale South Africa has plans to produce a craft beer that utilises surplus bread from local companies, which would otherwise be discarded. Profits from this innovative initiative - which is a proven strategy conceptualised in the UK - will go to Soil for Life, an NGO that helps build sustainable food gardens. 6 Dec 2017
A mobile payments solution for Kenyan retailers
© John Wollwerth via 123RF
NAIROBI, Kenya - Mastercard launches Kionect for Nairobi's smallest shopkeepers - a mobile ordering and payments solution which enables kiosk owners to access micro-loans. 6 Dec 2017
Image credit:
Image credit: Sunday Times
Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer's results scheduled for release on Wednesday. 6 Dec 2017
Image credit: Nadege Imbabazi via
Image credit: Nadege Imbabazi via The New Times
The fourth edition of the annual Made-in-Rwanda Expo concluded yesterday with a call from leaders to embrace locally produced products in order to support the government's target to boost the country's foreign exchange reserves. The trade fair, which brought together hundreds of exhibitors from across different sectors, was taking place at Gikondo Expo Ground. 6 Dec 2017
Retailers brace as Amazon launches in Australia
SYDNEY, Australia - US internet giant Amazon launched in Australia on Tuesday in time for Christmas, with retailers scrambling to cut costs and boost their online offerings as they brace for an expected shake-up of the sector. 6 Dec 2017
Philip Morris opens first South African retail boutique
Tobacco company Philip Morris International (PMI) has opened its first South African boutique store at the V&A Waterfront in Cape Town, which will serve as the primary retail space for the company's smoke-free tobacco product, IQOS. South Africa is the fourteenth country where PMI has established a bricks-and-mortar retail presence for the device. 5 Dec 2017
Click2Feed campaign aims to donate 20,000 meals to hungry animals
Montego Pet Nutrition has launched its sixth annual Click2Feed campaign, an initiative aimed at feeding hungry animals nationwide, which will run throughout December 2017. 5 Dec 2017
SA shoppers' penchant for healthy, organic food an opportunity for brands
According to a new report released by big data and predictive analytics provider IRI, South African shoppers buy more healthy and organic food than their European counterparts. 5 Dec 2017
Manufacturing Circle optimistic about prospects of factories
©Jozef Polc via 123RF
Despite the Absa purchasing managers' index (PMI) spending six months in contractionary territory, the Manufacturing Circle is adamant that manufacturing is SA's greatest opportunity for job-rich growth. 5 Dec 2017
Heineken begins construction on $100m brewery in Mozambique
©bizoon via 123RF
Heineken has laid the foundation stone of its first brewery in Mozambique, which will brew beers for the domestic market. The first bottle of beer is expected to come off the production line in the first half of 2019. 4 Dec 2017
African expansion "massive focus" for SA's Quicket in 2018
South African online ticketing startup Quicket has a "massive focus" on expanding to other African countries next year as it looks to create a truly pan-African solution for events. 4 Dec 2017
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