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Retail News

Why do Black Friday shoppers throw punches over bargains? A marketing expert explains 'psychological ownership'
Black Friday, the most celebrated shopping day of the year, abounds with tales of fistfights over discounted televisions or even stampedes as consumers rush to get that low-priced sweater they saw in an ad. 22 Nov 2018
- NielsenIQ
South African smartphone unit sales rise 16% in Q3 2018 as consumer tech market shows resilience
South Africa's technical consumer goods market enjoyed a boost from strong sales of telecom devices in the third quarter of 2018, with smartphone sales rising by around 16% to 3.15 million units in Q3 of 2018 compared to the same quarter last year and smartphone revenues expanding by 19% over the same period. The overall technical goods market grew in value by 6.9% for Q3 2018 when compared to Q3 2017, according to point of sale data from market research firm, GfK South Africa. 22 Nov 2018
#EntrepreneurMonth: How CompuCart's Rowan Fine keeps diversifying
Rowan Fine came to the conclusion that he should pursue a career in the consumables market after he ran some numbers while ordering consumables for a restaurant he was working at in Johannesburg. 22 Nov 2018
Understanding Black Friday and SA consumer behaviour - Part 1
The retail bonanza of Black Friday has traditionally been the start of the Christmas shopping season in the US. The day occurs on the fourth Friday of November following Thanksgiving Thursday. The 'black' refers to turning a profit, that is, retailers making profits as opposed to being in the 'red'. 22 Nov 2018
How Pick n Pay and WWF-SA are collaborating to transform seafood procurement
A report titled 'A decade of impact', released yesterday by World Wide Fund for Nature South Africa (WWF-SA) and Pick n Pay, demonstrates how partnerships in the seafood supply chain can help secure responsible fisheries and healthy marine ecosystems. 22 Nov 2018
KWV bottling operations affected following fire
The KWV production facility in Paarl has been damaged after a fire broke at the premises between 06:30 and 07:00 on Tuesday morning. 21 Nov 2018
Vida e Caffè scoops top spot at Discovery Insure Partner Awards
Vida e Caffè took top honours at the Discovery Insure Partner Awards 2018 in Johannesburg recently, bagging the prize for Top Active Rewards Partner. 21 Nov 2018
A Black Friday boost for online retail in SA
South Africa's e-Commerce will once again get a major boost on Black Friday and Cyber Monday as consumers are increasingly becoming aware of the convenience of online shopping to avoid the long queues, says FNB. 21 Nov 2018
SA's top retailers on improving access to fresh and healthy food
In an environment where many households are food insecure and some face malnutrition, rural food hubs are a sustainable business model that can deliver affordable, nutritious food, says James Lonsdale, National Fresh Produce Manager of the Spar Group in South Africa. 21 Nov 2018
Consumers and companies urged to recycle milk and juice cartons
Despite campaigning for over a year to get South African consumers and companies involved in recycling liquid packaging cartons, Mpact Recycling and Tetra Pak SA say that many people remain unaware that juice and milk cartons are now recyclable. 21 Nov 2018
- Burger King
#InternationalFastFoodDay: Changing the narrative for 'fast food'
While many restaurants in the quick-service restaurant (QSR) industry focused on International Fast Food Day on 16 November, Burger King® South Africa wants to change the narrative. "We don't view ourselves as a 'fast food' brand - we are a restaurant that serves good food, fast," says Ezelna Jones, Group Marketing Executive at Burger King® SA. 20 Nov 2018
15-year-old dream comes true for young entrepreneurs
A dream came true for young people in Duncan Village when the Masikhanyiselane bakery opened its doors last week in Gompo, East London. 20 Nov 2018
SA retailers nominated for International Retailer of the Year awards
Two South African retailers are nominees in the Independent Grocers Alliance (IGA) International Retailer of the Year awards. Independent KZN-based stores Supersave Food Town Hyper and Take n Pay Food Town Hyper were nominated in recognition of their excellence in retailing, meeting a selection of globally applied criteria determined by the IGA, which includes outstanding housekeeping, first-rate service levels, high standards of service departments and consistent pricing. 20 Nov 2018
How Black Friday is changing purchasing patterns in sub-Saharan Africa
The holiday season starts earlier every year, as three major shopping holidays originating in the US and China, namely Black Friday, Singles' Day (11-11) and Cyber Monday, are now extending to the rest of the world. This phenomenon is transforming consumers' shopping habits ahead of the Christmas season in December. 20 Nov 2018
Nespresso teams up with Rio Tinto to make coffee pods greener
Nespresso, part of food giant Nestlé, will become the first company to use responsibly-sourced aluminium to produce its coffee capsules. The company has signed a Memorandum of Understanding with major metal company Rio Tinto, which will see them work together with Nespresso's capsule manufacturers to fulfill a commitment of sourcing 100% sustainable aluminium by 2020. 20 Nov 2018
SA's Port2Port globally recognised for comprehensive wine list
South African online wine marketplace, Port2Port.wine, scooped the Best Overall Wine List Award in Wine Searcher's Retailer Awards for the second consecutive year. 19 Nov 2018
Mobile app launched to connect to African fashion designers
© sam74100via 123RF
Lesela, meaning cloth or fabric in Sesotho and Swahili, is a new mobile app that provides access to African fashion designers, both emerging and established. 19 Nov 2018
Manufacturing: a weak or strong link in your value chain?
Manufacturing can (and should) be a catalyst for South Africa's future GDP growth. With a GDP that fell by 0.7% in the second quarter of 2018, following a decrease of 2,6% in the first quarter, it is imperative to look towards this industry as a key contributor. 19 Nov 2018
SA retailers reveal deals for Black Friday 2018
Retailers and shoppers are gearing up for the biggest sale day on the retail calendar, Black Friday, taking place on 23 November this year. The event marks the beginning of the festive shopping season. It also allows consumers to save on Christmas shopping and retailers to boost sales and move stock before the festive season really kicks in. 19 Nov 2018
Palm oil boycott could actually increase deforestation - sustainable products are the solution
Palm oil can be found in food and cosmetics everywhere: in fact, half of the world's population uses palm oil in food. But public awareness about the loss of wildlife through deforestation caused by palm oil crops is growing, and there's mounting pressure on retailers to reduce their sales of palm oil products, or boycott them altogether. 19 Nov 2018
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