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Retail News

The 50-year evolution of the Game brand
Popular South African retailer Game celebrates 50 years of trade this year. 26 Jun 2020
Stokvels determined to weather Covid-19 storm
While most South African's are feeling the pressures from the Covid-19 pandemic, it seems like the stokvel market segment is dancing to a different tune 26 Jun 2020
Diesel reveals Hyperoom, its new virtual fashion buying platform and showroom
Italian clothing brand Diesel has launched Hyperoom, a 360-degree digital sales platform and exhibition space designed to create "immersive and emotional engagements" with fashion buyers and vendors browsing collections online. 26 Jun 2020
#YouthMonth: Jozi lovebirds blossom into business owners
"It was love at first sight," says Thato Masondo of his first encounter with girlfriend Thula Ndema. Having grown up in different provinces - he in Gauteng, she in the Free State - their paths merged when they both took up jobs at a retail store in Sandton. 26 Jun 2020
Local manufacturing incubator to produce Dis-Chem uniforms
In a move to support local manufacturing and small enterprises, Dis-Chem Pharmacies has partnered with corporate clothing group Worksgroup to outsource the production of its staff uniforms via a small manufacturing incubator in Kwa-Zulu Natal. 25 Jun 2020
New Era’s parent company, Golden Era, issued suspension notices to 86 workers when they refused to work after at least 12 staff members tested positive for Covid-19. Photo: Supplied by CWAO
New Era’s parent company, Golden Era, issued suspension notices to 86 workers when they refused to work after at least 12 staff members tested positive for Covid-19. Photo: Supplied by CWAO
About 86 employees at New Era, a packaging company in Germiston, Johannesburg, have been suspended pending disciplinary hearings after they refused to work because a number of their colleagues had tested positive for Covid-19. 25 Jun 2020
Random Pep customers to benefit from new Lay-by Buddy initiative
Pep Stores has partnered with non-profit organisation #ImStaying to launch the Lay-by Buddy initiative, designed to offer unsuspecting customers financial reprieve by helping to pay off their lay-bys. 25 Jun 2020
Getty
Getty
While the South African furniture manufacturing sector has endured some tough times in recent years, there are still significant financial incentives for high-quality projects. This is the view of two funding specialists who recently addressed furniture manufacturing entrepreneurs and industry stakeholders in a business webinar. 24 Jun 2020
Government formalises over 2,000 spaza shops
Small Business Development Minister Khumbudzo Ntshavheni says her department has formalised over 2,000 spaza shops during the Covid-19 pandemic. Responding to oral questions in the National Assembly on Tuesday, Ntshavheni said this would assist the newly formalised businesses to build a credit profile, which would make them viable to access financing with banking institutions. 24 Jun 2020
5 truths about digital twins and predictive simulation
©genkur via 123RF
With the economy open for business - albeit under constrained operating regulations - manufacturers are faced with a new set of challenges, including how to predict market demand, achieve optimum productivity, and manage workforces in ways that allow for social distancing and other safety measures. 24 Jun 2020
Edcon business rescuers ask for 157% increase
Fees charged by liquidators and business rescue practitioners, and the impact they can have on bottom line payouts to affected employees, came under the spotlight at Monday's meeting to consider a business rescue model for Edcon. 24 Jun 2020
Pick n Pay commits R500m to keep prices of essentials low
To relieve some of the pressure on cash-constrained households, Pick n Pay says it will invest R500m to reduce the prices of essential and staple food items. 23 Jun 2020
Mondelez International announces senior appointments in sub-Saharan Africa
American multinational confectionery, food, holding and beverage company Mondelez International has announced the appointment of long-term employee Nigel Parsons as the president of sub-Saharan Africa (SSA) operations, and Alisdair Sinclair as managing director, South Africa, effective 1 June 2020. 23 Jun 2020
National Liquor Traders Council created to transform tavern industry
A new national body, known as the National Liquor Traders Council, has been formed to help transform South Africa's taverns from social hubs into modernised and technology-savvy business enterprises. It will represent the interests of more than 34,500 traders in the country. 23 Jun 2020
Gen Z driving e-commerce growth in SA - PayFast
Stats released by online payment gateway, PayFast show that Generation Z, aged 18 to 24, is paving the way for innovation in the e-commerce space, with Baby Boomers aged 55 to 64, not far behind. 23 Jun 2020
Image credit: Stocksnap via Pixabay
Image credit: Stocksnap via Pixabay
The South African government has officially gazetted regulations for the newly permitted operation of personal care services (formal and informal), including hairdressing, beauty services and tattoo parlours. 22 Jun 2020
- Insight Survey
How is Covid-19 boosting SA's cough, cold and flu remedies market?
Whilst the global Covid-19 pandemic is having a devastating global impact, the resulting symptoms such as dry cough, fever and respiratory difficulties has been positive for the cough, cold and flu remedies market. Over the past few months, consumers have engaged in panic buying to be better prepared in case of infection, which has boosted sales and the growth of the cough, cold and flu remedies market. 22 Jun 2020
Puma biodesign project explores sustainable ways to produce and dye textiles
Puma's exploration of sustainable alternatives for producing and dyeing textiles continues in its latest biodesign project Design to Fade. 22 Jun 2020
Real-time analytics in retail - it's now or never
In the digital age, data is a currency all on its own. The retail sector has lagged in leveraging the value of real time data, due to a number of factors. However, given the current economic climate, they can no longer afford the luxury of remaining in the dark. 22 Jun 2020
Shopping data shows shopping trips down, basket sizes up
Three months after Covid-19 was officially declared a pandemic on 11 March, and with virtually all states having reopened for business to various degrees, shopper intelligence platform Catalina continues to track the profound impact of the global health crisis on buying behavior across the US. 19 Jun 2020
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