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Retail News

Chicken sales continue to rise as world demand grows
Demand for chicken meat is showing no signs of declining, as poultry overtakes red meat consumption in markets around the world - including the United States and South Africa. 19 Mar 2018
Delish Sisters. Image supplied by Delish Sisters via Decorex.
Delish Sisters. Image supplied by Delish Sisters via Decorex.
The best of KwaZulu-Natal's décor, design and lifestyle will be suitably enhanced by sampling some of the region's most irresistible food offerings at the many gourmet food stations across Decorex Durban, which is sponsored by Plascon. 19 Mar 2018
Shoprite recalls Farmer's Deli red viennas
© savit keawtavee via 123RF.com.
Shoprite has announced (on Friday, 16 March 2018) that it had to recall a batch of Farmer's Deli red viennas packed for the group from its perishable departments. 19 Mar 2018
Digital consumers + seamless engagement = an epic experience
Over the next five years digital technologies will dramatically disrupt how consumers will engage with retail brands well into the future. 16 Mar 2018
#ECMA2018: Adopt a humanistic approach to AI
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Artificial intelligence (AI) doesn't have to induce a Hollywood sci-fi dystopian nightmare in which robots take over the world. It may instead offer an exciting opportunity to connect consumers to your brand. 16 Mar 2018
#ECMA18: Cracking e-commerce conversion
©Andriy Popov via 123RF
The proliferation of e-commerce essentially means that retailers are now more than ever competing in a global marketplace. In South Africa, online may account for less than 2% of total retail sales, but online spend has been predicted to top R53 billion this year. 16 Mar 2018
Toys 'R' Us packs up its playroom in the US
©Taina Sohlman via 123RF
Toys 'R' Us Inc. is going out of business, shutting all of its 735 toy stores and Babies 'R' Us stores in the US after a failed turnaround. Approximately 33,000 jobs are expected to be affected by the liquidation. 16 Mar 2018
Donatella Versace says label will stop using fur in products
©Piotr Trojanowski via 123RF
LONDON, England - Donatella Versace has said her family's luxury fashion label will no longer use real furs in its products, according to an interview with a British magazine. 16 Mar 2018
Cross-border e-commerce offers boundless growth opportunity for African business
©kittaya mangruan via 123RF
Cross-border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL report, cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020 (from $300billion to $900billion) - twice the pace of domestic e-commerce growth. 15 Mar 2018
#ECMA18: Unlocking the potential of data in enhancing CX
Tapping into the potential of data to provide insight into consumers' thinking and behaviour may translate into an enhanced customer experience strategy. 15 Mar 2018
Healthy growth in retail spending for January as inflation trends downwards
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South African consumer spending for January 2018 climbed 3.8% year-on-year after removing the effects of inflation, marking the same pace of growth the retail industry saw during the December peak season. This is according to the Mastercard SpendingPulse January 2018 report, which provides a macroeconomic analysis of retail spending trends in South Africa. 15 Mar 2018
Securing a future for fashion - in conversation with Jackie Burger
The word 'pollution' may conjure up images of dirty waterways, smog-filled city skies and coal power plants, but seldom is it realised that the very clothing on our backs may be the product of a dirty and dehumanising supply chain. 15 Mar 2018
Shoprite and France's Carrefour go toe-to-toe in Kenya
Kenya is turning into an interesting battleground between South African grocery chain Shoprite and French rival Carrefour. 15 Mar 2018
Rise of second-hand trading benefits buyers, sellers and the planet
Trading in second-hand goods is as old as business itself - and now it's enjoying a rising new wave of popularity, to the benefit of both buyers and sellers, says Richard Mukheibir, CEO of Cash Converters Southern Africa. 14 Mar 2018
Factory output surges on higher consumption of food and drinks
Annual South African manufacturing output growth accelerated to 2.5% in January from December's figure, which was revised down to 1.8% from the 2% Statistics SA originally published. 14 Mar 2018
Traditional retail alive and well
'Online shopping blasting holes in traditional retailer profits.' 'Retailers acknowledge the threat of online retail on physical stores.' Headlines like these appear regularly in the South African business and trade press, but statistics tell a different story. 14 Mar 2018
P&G and Game's water-supply partnership delivers over 2m litres in 2017
A partnership between Procter & Gamble (P&G) and Game, which helps raise money to fund the supply of clean water to impoverished communities, supplied roughly 2.4 million litres of clean water in 2017. 13 Mar 2018
Payment trends in Africa - driven by tech with an African twist
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Technology developments will continue to revolutionise payment in both the real and virtual worlds across the globe. As always, though, local conditions will dictate exactly how (and if) global trends affect local markets. African economies, with their quite distinct characteristics, are likely to present some atypical developments - and, if the past is any guide, some innovative lateral thinking. 13 Mar 2018
Image credit: Green Cross
Image credit: Green Cross
Consumer brands giant AVI, which performed commendably in the half-year to end-December, is determined to reboot its footwear division. 13 Mar 2018
Eastern Cape SMEs get a leg up with new Exporter Development Programme
A new Exporter Development Programme has been launched by the Nelson Mandela Bay Business Chamber in partnership with the Eastern Cape Development Corporation, as part of an enterprise development strategy to empower business owners and companies in the region. 13 Mar 2018
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