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Retail News

Alcohol ban may spell disaster for industry as job losses loom
©Donato Fiorentino via 123RF
South Africa's alcohol industry has expressed its disappointment with the government's decision to reinstate the ban on the sale and distribution of alcohol, effective immediately... 13 Jul 2020
CoCT meets with leadership from informal traders associations
Under the theme 'Trading and living amid Covid-19', the City of Cape Town's Mayoral Committee Member for Urban Management, Alderman Grant Twigg, met with the leadership of informal traders associations today in an effort to help support this industry during the pandemic. 10 Jul 2020
Why is used clothing popular across Africa? We found out in Malawi
©kho via 123RF
The sale of used clothing is a billion-dollar global industry. According to some estimates, almost 70% of garments that are donated globally end up on the African continent. 10 Jul 2020
How mobile technology is driving sales in physical retail stores
There can be no doubt that the next era of retail success will be defined by the friction-free, or ultra-convenient, shopping experience. This will hold true for both the online and physical shopping journey - whereby consumers increasingly expect a quick, efficient and seamless experience. 10 Jul 2020
Webinar: Don't blame SA's booming illegal cigarette trade on lockdown alone
A subject of furious debate during the lockdown is the ban on tobacco products. In a webinar held by PSG today, Jacques Pauw, author of the gripping The President's Keepers, told viewers the lockdown is only part of the reason the illegal cigarette trade in South Africa is thriving. 10 Jul 2020
Hardware retailer notes surge in sales of building supplies during lockdown
©seoterra via 123RF
The different levels of lockdown restrictions has, unsurprisingly, been accompanied by different responses and trends. Now, as various business sectors adjust to a new consumer climate, and restaurants work towards safely reopening, an unsurprising new consumer trend has emerged: home building, renovations and improvements. 9 Jul 2020
It would be a grave mistake to order your coffin too late
Because 2020 wasn't weird enough, South Africans are apparently now able to purchase coffins on popular retail site Takealot. The items sell for just under R5000 per box and the company has stipulated that they will not accept returns. Which I guess is understandable, if one thinks about it. 9 Jul 2020
Steinhoff to sell stake in Conforama France to Mobilux
Steinhoff has agreed to dispose of its shares in home furnishings retail chain Conforama France to Mobilux Sàrl, the parent company of BUT, a French retailer of furniture, appliances and consumer electronics, for a "nominal sum". The disposal includes the sale of certain related trademarks and domain names. 9 Jul 2020
Getty
Getty
The retail experience for South African consumers and businesses has certainly changed in the past few months. The social and economic implications of the national lockdown have forced businesses to rethink their sales strategies in order to stay afloat and meet shifting consumer demands. 9 Jul 2020
Encouraging consumer trust as online retail hots up
"E-commerce's rise, especially now, reinforces the point that consumer trust and legitimacy of online retailers are paramount, especially in an era of heightened risk and uncertainty," says Craig Lubbe, CEO for Bidorbuy. 8 Jul 2020
Pick n Pay enables cash deposits at tills
Customers can now make cash deposits directly into their own bank account at any Pick n Pay till point, anywhere in South Africa. 8 Jul 2020
Owner of Legit offers to buy part of Edgars
Parts of South African retail chain Edgars may be sold to Edcon competitor Retailability Ltd, business rescue practitioners in charge of Edcon's restructuring said on Tuesday. 8 Jul 2020
Woolworths Xmas display wins global retail awards
Woolworths scooped two international accolades at the Shop! Global Awards 2020 in June. The retailer's 'Christmas Gifting Window of 2019' was recognised in both the Sustainability and Window Display categories in the Design Awards segment of the competition, which recognises excellence in retail design, including originality in the use of space and materials and quality of concept execution. 8 Jul 2020
CoCT to equip 10,000 informal traders with Covid-19 toolkits
Over the coming weeks, the City of Cape Town will be issuing 10,000 CPT+U Covid-19 Informal Traders' Toolkits to qualifying informal traders so they and their customers can continue to do business in a safe environment, in line with Covid-19 protocols. 7 Jul 2020
Massmart may cut 1,800 jobs at Game stores
Massmart said in a shareholder statement on Tuesday that it has started a consultation process under Section 189 of the Labour Relations Act. This process may affect 1,800 employees at Game stores in South Africa. 7 Jul 2020
Big brick-and-mortar retail needs to up its online game to survive
Being successful in retail used to be about offering the best possible customer experience, in the best possible location, with price often playing a tertiary role. For brands like Edgars (and other brands in the Edcon stable) and Makro, this worked well in the past. But their failure to have visible digital shopfronts over their brick-and-mortar offerings has put their future business in jeopardy. 7 Jul 2020
Many companies are exploiting ignorance and fear and selling Covid-19 cleaning solutions that are unnecessary and expensive. Regular cleaning with household products is sufficient. Photo: Ashraf Hendricks
Many companies are exploiting ignorance and fear and selling Covid-19 cleaning solutions that are unnecessary and expensive. Regular cleaning with household products is sufficient. Photo: Ashraf Hendricks
Last week, after some of their colleagues tested positive for Covid-19, teachers at a Cape Town school refused to return to work until the school had a "deep clean". This type of incident has played itself over and over across the country since the novel coronavirus, SARS-CoV-2, hit our shores. 7 Jul 2020
#FreshOnTheShelf: New from Cremora, Starbucks and Chill Beverages
In #FreshOnTheShelf, we round up our pick of food and beverage products that have hit the shelves recently. 6 Jul 2020
Customer experience will help retailers overcome the financial hit from coronavirus
Retail was in trouble long before Covid-19 hit. The past five years saw daily reports of store closures and retailer bankruptcies. The growth of online commerce eroded many retailers' top-line revenues, forcing them into an ongoing cycle of discounts and promotions just to keep up. 6 Jul 2020
Amazon India office, Bengaluru
Amazon India office, Bengaluru
Amazon is expanding its reach in India, a key market for the e-commerce giant, with the launch of Smart Stores. The new initiative, allows retailers to create a digital storefront, offer contactless payment options and reward customers with Amazon Pay incentives. 6 Jul 2020
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