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Retail News

Listeriosis outbreak reveals SA's need for a designated food control agency
With over 720 laboratory-confirmed cases of food poisoning caused by Listeria in 2017, South Africa is in dire need of a food control agency which can better manage the threat presented by Listeriosis, and risks associated with all foodborne diseases, moving forward. 31 Jan 2018
Taxify teams up with OrderIn
SA food delivery service, OrderIn, has teamed up with ride-hailing app Taxify, in a deal that is expected to expand the reach and offering of both companies looking to grow their customer base in the country. 30 Jan 2018
H&M recalls socks after shoppers spot 'Allah pattern'
NEWSWATCH: Swedish clothing retailer H&M has recalled a line of children's socks after complaints from shoppers that a pattern on them appeared to resemble the word Allah written in Arabic. 30 Jan 2018
Coffee maker Keurig to merge with Dr Pepper Snapple
NEW YORK, US - Soda maker Dr Pepper Snapple Group is merging with coffee specialist Keurig Green Mountain, the companies announced Monday, creating a beverage giant with about $11 billion in annual sales. 30 Jan 2018
Aquellé donates 28,000 litres of bottled water to crisis-hit Cape
In an effort to assist the drought-stricken Western Cape ahead of Day Zero, South African bottled water brand Aquellé is donating just under 30,000 litres of bottled water to the elderly and infirm in Cape Town, with the managing director joining delivery drivers in a two-day journey from the company's KwaZulu-Natal headquarters. 30 Jan 2018
Spur sinks 7% after warning of poor sales
Restaurant group Spur's share price fell 7% to R26.01 on Monday morning after it warned shareholders of a decline in interim sales. 30 Jan 2018
Top franchising trends for 2018
©Ian Allenden via 123RF
2017 has been a very tough year for businesses and consumers. However, according to Morne Cronje, head of franchising at FNB Business, the franchise sector continues to perform well gradually year in and year out. "This is testament that franchising is robust and holds a key for employment and economic growth." 30 Jan 2018
#BizTrends2018: The new rules of retail
If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store Moby Mart. It's solar-powered, offers drone delivery for door-to-door convenience, utilises artificial intelligence in its navigation systems and even filters smoggy air into clean air while doing its rounds. According to trend forecasting agency Flux Trends, Moby is a tangible manifestation of where the future of retail is headed. 29 Jan 2018
French shoppers go nuts for Nutella discount
STRASBOURG, France - A French supermarket chain's decision to slash the price of Nutella by 70% has sparked frenzy, with shoppers across the country jostling to squirrel away as many jars of the nutty spread as possible in what one worker likened to an orgy. 29 Jan 2018
Woolworths CEO Ian Moir. Image credit: Financial Mail
Woolworths CEO Ian Moir. Image credit: Financial Mail
Analysts are divided on whether Woolworths CEO Ian Moir should fall on his sword after the retailer was forced to impair the value of its Australian department store chain, David Jones, by nearly R7bn. 29 Jan 2018
'We were bamboozled,' say Steinhoff directors
Two of the directors of Steinhoff - Sanlam chairman Johan van Zyl and accounting expert Len Konar - say former CEO Markus Jooste "misled" the furniture retailer's board. 29 Jan 2018
Kimberly-Clark to shed 5,000 jobs as fertility dips
Kimberly-Clark (think Huggies and Kleenex) is expecting to cut an estimated 5,000 jobs - approximately 12% of its workforce - and to get rid of some manufacturing plants. The move comes as part of a restructuring plan in which the company is looking to cut roughly R17 billion worth of costs by 2021. 26 Jan 2018
Amazon drives a fifth city-shaping retail revolution
As possibly the world's oldest economic activity, retailing didn't venture away from the traditional street, with its congestion, grime and weather exposure, until about 1800. This resulted in new types of retail space, including enclosed shopping arcades and freestanding or anchor department stores. These are still evident in cities today. 26 Jan 2018
Woolworths in R7bn David Jones setback
Woolworths said on Wednesday it had impaired the value of Australian department store chain David Jones by nearly R7bn, or about a 10th of the South African retailer's total market capitalisation. 25 Jan 2018
#BizTrends2018: What is shaping grocery retail in South Africa - Part 2
In Part 1 of the Trade Intelligence Retail Trends 2018 report, we described how globally and locally, we are in the beginning stages of a game-changing revolution in how products are made and sold, where and by whom, and how this is influencing what consumers are demanding of those who sell to them. 25 Jan 2018
SA's Airbuy launches e-commerce payment gateway
South African startup Airbuy has rolled out its alternative payment gateway that allows e-commerce sites to accept payments without their customers exposing their banking details. 25 Jan 2018
France's Carrefour revamps operations with job cuts, China deal
PARIS, France - France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. 25 Jan 2018
Cotton On Group launches online store and rewards programme
Fans of global retailer Cotton On Group will now be able to shop online via a dedicated online store, and earn rewards by shopping both online and in-store using the CottonOn & Co. Perks programme to be launched next week. 25 Jan 2018
What's holding SA retailers back from achieving the omnichannel vision?
Many South African retailers remain steadfast in their traditional business models, characterised by high-touch, 'bricks-and-mortar' engagements, as they try to create the best possible in-store experiences. 24 Jan 2018
Poundland seeks management buyout after Steinhoff scandal
Poundland, the UK discount store chain Steinhoff International acquired for 610m in July 2016, wants to divorce itself from its scandal-ridden parent via a management buyout, UK newspaper The Telegraph reported. 24 Jan 2018
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