Pizza Hut's African growth story continues as the restaurant chain celebrates the opening of its 100th store in sub-Saharan Africa in the historic Ghandi Square, Johannesburg. A division of global giant Yum! Brands Inc., the pizza franchise entered the African market three and a half years ago with its first restaurant opening in Johannesburg, and ambitious expansion plans for the continent. 26 Mar 2018
On 26 January 2011, Coles fired the first shot in what would soon be dubbed the "supermarket price wars" by reducing the price of its own-brand milk to A$1 per litre. Woolworths fired back, triggering seven years of intense price competition. 26 Mar 2018
After a few years hovering around the 1% mark, Spree predicts online shopping's share of total retail sales in South Africa will increase exponentially over the next three years, rising to about 4% by 2021. 26 Mar 2018
While retail sales are expected to remain firm in the coming months, consumers will be more subdued than they were in the second half of 2017, when exceptionally strong spending was recorded, analysts said on Thursday. 23 Mar 2018
Smartphone unit sales in South Africa climbed by around 21% in 2017, even as South Africans reduced their spending in most categories of the consumer technology market, according to point-of-sale data from market research firm, GfK South Africa. Storage, media-streaming device, and speaker retail sales also saw healthy growth last year, while tablet computer, desktop computer and mobile computer sales experienced sharp declines. 23 Mar 2018
Pick n Pay and Absa have partnered to launch a new Grocery Stokvel Account to cater for groups saving for groceries or other store-bought essentials. 23 Mar 2018
Space10 is Ikea's research hub and innovation lab, devoted to developing bold and sustainable new business models. The latest project to come out of the lab is a selection of five iconic fast food dishes, reinterpreted with unconventional, yet healthy and sustainable, ingredients. 23 Mar 2018
Food safety expert Dr Lucia Anelich says the listeriosis outbreak in South Africa has shown the urgent need for appropriate microbiological regulations for processed meats. 22 Mar 2018
A new report by IRI, a big data and technology provider for consumer industries, shows that South African shoppers are diversifying their grocery purchases among a growing number of channels. The study shows the growing influence and importance of specialist retail channels, in particular - including pharmacies and make-up stores - which offer wider product ranges and higher customer satisfaction rates compared to mass market retailers. 22 Mar 2018
Grand Parade has not managed to recoup its investment in the local rights for US chains Burger King, Dunkin' Donuts and Baskin-Robbins yet. 22 Mar 2018
Image supplied.
The annual Wear SA Fashion Festival kicked off on Tuesday, 20 March 2018, at the VOC Room, Cape Sun Hotel, with its annual free hosting of the Wear SA Fashioning the Future workshop. 22 Mar 2018
President Paul Kagame. Image credit: Village Urugwiro via The New Times
The African Continental Free Trade Area Agreement (CFTA ) could enter into effect by the end of this year following signing by 44 countries yesterday at the 10th extraordinary African Union Summit. 22 Mar 2018
Arguably one of the most feel-good movie shop scenes has to be in Pretty Woman when Julia Roberts' character returns to the shop where she was previously refused service and utters those famous words "You refused to serve me yesterday. You work on commission, right? Big mistake. Big. Huge! I have to go shopping now!" Don't we all wish we could have a moment like this when we are unfairly judged? 20 Mar 2018
African countries from South Africa to Ethiopia to Nigeria are pinning some of their hope for economic growth and job creation on industrialisation. With its young population, dynamic growth and rapidly improving infrastructure, sub-Saharan Africa has the potential to become a manufacturing powerhouse in the years to come. 20 Mar 2018
Image supplied.
Fast-moving consumer goods company (FMCG) processor and distributor, Willowton Group has announced that it will absorb the one percentage point increase in the value-added tax rate (VAT) for three months (April, May and June) effectively shielding their valued consumers from the VAT increases announced recently in the national budget. 20 Mar 2018
PARIS, France - British designer Kim Jones said on Monday that he was taking the reins at Dior Homme two months after quitting Louis Vuitton. 20 Mar 2018
Tiger Brands has received two sets of independent laboratory testing results confirming the presence of Listeria monocytogenes in the physical plant environment at the Enterprise Foods Factory in Polokwane. 20 Mar 2018
CORUNNA, Spain - Logistics investments, new technology ... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales. 19 Mar 2018
NEW YORK, USA - Sportsgear maker Nike on Thursday announced the surprise departure of top executive Trevor Edwards, who was considered a potential successor to the firm's CEO. 19 Mar 2018
Independent South African toy and baby products retailer, Toys R Us and Babies R Us, has made way for further expansion and advancements in the country. 19 Mar 2018
Let's do Biz
