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Retail News

Victory for workers at Dis-Chem
About 120 people who have been working for Dis-Chem through a labour broker are to be made permanent employees of the retail chain from 1 December. 15 Nov 2018
#FLS2018: Downgrade or not?
South Africa's economy is one that's vulnerable to the global economy, but it is the internal issues the country faces that will determine whether it will face a downgrade or not. 15 Nov 2018
Jumia welcomes framework for e-commerce regulation in Nigeria
Juliet Anammah, chief executive officer of Jumia Nigeria has described the recent tripartite motion by the Consumer Protection Council (CPC), the Standard Organisation of Nigeria (SON) and the Nigeria Custom Service (NCS) on the urgent need for government to develop a framework to regulate the activities of e-commerce platforms in Nigeria, as a round peg in a round hole. 14 Nov 2018
#FLS2018: The big business opportunity of franchising
Over three-quarters of franchisee owners are optimistic about the future. This optimism is translated into the growth of franchises' contribution to the GDP of South Africa - growing from 9% in 2014 to 15% today. 14 Nov 2018
Amazon picks NYC and Northern Virginia as new HQ
Amazon has announced that it has selected New York City and Arlington, Virginia, as the locations for the company's new headquarters. Amazon will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington. 14 Nov 2018
Hugo Boss and Porsche sign multiyear Formula E deal
German fashion house Hugo Boss and German carmaker Porsche have entered into a multiyear cooperation that will see the apparel giant outfitting Porsche's Formula E racing team when the next championship season begins. 14 Nov 2018
Designer Jean Paul Gaultier bans fur from future collections
NEWSWATCH: Parisian couturier Jean Paul Gaultier is the latest fashion designer to ditch the use of fur in all future collections. 13 Nov 2018
5 steps to starting a home baking business
Maybe the thought crossed your mind after the tenth compliment of your home-baked cupcakes, or that breyani you whipped up for a colleague's birthday lunch: You spend so much time in the kitchen anyway, you could start up a home industry business of your own - making sweet and savoury delights, and getting paid for it. 13 Nov 2018
Safeguard your customer relationships this Black Friday
Black Friday is here to stay: as part of a retail festival that entices consumers in their millions to part with their cash, it's another way of increasing revenue just before the festive season officially kicks in. 13 Nov 2018
New men's styling service lets you try before you buy
South African online styling service Crate|ov Clothes, gives men the opportunity to be dressed by a professional stylist who selects outfits based on their preferences and then sends them a package of their picks. Customers then send back what they don't want, and pay only for what they keep. 13 Nov 2018
Diageo sells 19 non-core brands, including Seagram's and Goldschläger
Alcoholic beverages giant Diageo is selling 19 of its non-priority brands, positioned in the lower-end segment of the US drinks market, to US firm Sazerac for $550m. The decision is motivated by UK-based Diageo wanting to boost growth of its more premium brands in the US, one of its biggest markets. 13 Nov 2018
American Swiss sets up shop in Australia
South African jewellery retailer American Swiss has expanded abroad with the opening of its first store in Australia last week. 12 Nov 2018
Gavin Rajah launches NPO to upskill vulnerable women
The White Light Movement is a new non-profit organisation aimed at providing empowerment to women who have been victims of gender-based violence and abuse. The initiative is the brainchild of South African fashion and homeware designer Gavin Rajah, and is inspired by his work with Unicef where he witnessed the devastation caused to families by gender-based violence and child abuse. 12 Nov 2018
#ShopperInsights2019: Moving to frictionless commerce
Online retail is part of the much bigger picture of frictionless commerce where online is moving offline and offline to online (O2O). Driving this is time and convenience. 12 Nov 2018
Singles Day shows China's global retail power
11 Nov., or 11/11, has been celebrated as Singles Day - a sort of anti-Valentine's Day for single people - since 1993. Chosen because its date has four ones in a row, the holiday originated in China and has become the largest shopping day of the year, in both online and offline retail sales around the world. It's a signal of shifting power in the global retail sales market, moving away from the U.S. and toward Asia - specifically China. 12 Nov 2018
From left to right- IDC CEO, Mr. Geoffrey Qhena; Chief from Ximba Community, Chief Zibuse Mlaba; KZN Economic Development, Tourism & Environmental Affairs MEC, Sihle Zikalala; EThekw.
From left to right- IDC CEO, Mr. Geoffrey Qhena; Chief from Ximba Community, Chief Zibuse Mlaba; KZN Economic Development, Tourism & Environmental Affairs MEC, Sihle Zikalala; EThekw.
Glodina Towelling has been re-launched by the Industrial Development Corporation (IDC) in Kwa-Zulu Natal. 9 Nov 2018
Weylandts opens first PE store
Weylandts has announced that it will be opening its first Port Elizabeth store. 9 Nov 2018
#ShopperInsights2019: Innovation drives brand success at shelf
© hxdyl via 123RF.com.
Lindt is a premium brand growing in a declining market. A luxury product generally bought as a gift, the brand launched a cheaper version catering to personal indulgence. Not only did this expand and grow their range, but it also grew the category, bringing new users into the category. 9 Nov 2018
The hidden customer engagement tool lying dormant at every retailer
With two prime shopping periods ahead - Black Friday and the Festive Season shopping extravaganza - retailers are preparing for a bumper sales season to mitigate the slow retail sales growth experienced during much of the year. 8 Nov 2018
#ShopperInsights2019: I love you, but...
© rawpixel via Unsplash.com.
Despite retailers widening their repertoire, baskets are shrinking as tough times for shoppers dictate more planning and less impulse shopping. This is impacting on how shoppers take advantage of promotions which can have dire consequences for brands. 8 Nov 2018
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