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Retail News

SA's top consumer product innovations for 2021 - Bases
Bases, a NielsenIQ business, has announced the South Africa winners of the 'Bases Top Breakthrough Innovations' 2021 awards. The awards highlight some of the most successful and well-received consumer product innovations in South Africa. 2 Nov 2021
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Shares in Massmart rose just over 4.5% on Tuesday after the retailer reported higher nine-month comparable store sales and progress towards a cost savings target under its turnaround plan. 2 Nov 2021
Source: Pexels
Source: Pexels
South African payment service provider, DPO South Africa, is expecting similar or greater growth for Black Friday 2021, due in part to local shoppers' increasing comfort with e-commerce. Retailers are also expected to adopt a more aggressive approach this year as they fight to make the most of the retail event which has quickly gained favour with local shoppers. 2 Nov 2021
Tetra Pak pumps R500m into Pinetown factory upgrade
Multinational food packaging and processing company Tetra Pak is investing R500m to upgrade and increase the production capability of the packaging material factory located in Pinetown, KwaZulu-Natal. The upgrade will take place over a period of several years, commencing in the first quarter of 2022. 2 Nov 2021
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Fashion and lifestyle retailer TFG said on Friday it expects to have swung to a profit in the first half of the year as it recovered from Covid-19 restrictions which forced store closures across its markets. 2 Nov 2021
- Irvine Partners
What makes chocolate ethically sourced? More importantly, how do we make every bite count?
With its creamy smoothness and its mood boosting properties, chocolate has cemented its reputation as a favorite sweet treat. But while these delicious morsels might spark joy, conscious consumers have learned that not all chocolate is made equally. 29 Oct 2021
G-Star Raw collaborates with local Hip-Hop and Rap artists
G-Star Raw has collaborated with local Hip-Hop and Rap artists Shane Eagle, CourtnaƩ Paul, Moozlie and YoungstaCPT to launch its pinnacle Exclusives by G-Star Raw collection in South Africa. 29 Oct 2021
2020/2021 Shining Light Awards winners announced
De Beers Group has announced the winners of the 2020/2021 De Beers Group Designers Initiative Shining Light Awards, creating opportunities for the next generation of jewellery designers from our diamond producing countries. 29 Oct 2021
What Black Friday means for South Africans
Black Friday hasn't been observed in South Africa for very long but the growth in its popularity has been huge. Just in the five years between 2012 and 2017, Black Friday sales in the country grew by an incredible 9900%. 29 Oct 2021
67% of SA consumers planning to shop Black Friday deals
Game's Q3 consumer survey has found that despite 2021 being a challenging year economically, 67% of South African consumers are hoping to find the best possible deals on popular items this month, as retailers launch their plans for Black November. 29 Oct 2021
Starbucks opens at The Pearls in Umhlanga
Starbucks South Africa has opened a new store at luxury boutique mall, The Pearls in Umhlanga, Durban, promising to be a big hit with local and international visitors to this award-winning tourist spot. 29 Oct 2021
Adidas SA opens its most sustainable retail space at V&A
Adidas South Africa is opening its most sustainable retail space at the V&A Waterfront in Cape Town on Friday, 29 October. Taking inspiration from nature, the 478sqm Adidas concept store is centred around a biophilic design, aimed at bringing the outdoors inside. 28 Oct 2021
Salesforce predicts consumers will face higher prices this festive season
Salesforce has announced new consumer insights and predictions for the 2021 holiday shopping season. Once again, the company expects digital sales to top $1tn globally, but consumers, retailers, and suppliers are predicted to face rising costs and decreased inventory due to pressure on the global supply chain. 28 Oct 2021
#BlackFriday: You need a good e-commerce strategy and online store processes
While somewhat easier than 2020, 2021 has been another difficult year for South African retailers seeking to build continuity and grow their businesses. Black Friday and the days preceding and following it, offers hope for those retailers that wish to kick start their sales going into the festive season. 28 Oct 2021
- Heineken Beverages
Nederburg's Double Barrel Reserve reflects detail and imagination
"Never underestimate the power of a simple detail. It can transform even the excellent into the exceptional," says Niƫl Groenewald, MD of Nederburg. "Ask anyone who treasures their craft, who works fully with their hands, heart and mind, and they will tell you the same." 27 Oct 2021
Changes in shopping trends here to stay post-Covid
NielsenIQ Bases is helping companies build brands through innovation, renovation, strategy, and go-to-market optimisation, and is a trusted partner globally, and across industries. Bases helps maximise brand success end-to-end through advanced predictive analytics, behavioural science, proprietary dataBases, expert advice, and agile, digital technology platforms. 27 Oct 2021
Top tips for businesses on how to prepare for the holiday season
According to Salesforce, global online revenue will increase by 7% this year. In other words, between November and December, online buyers are expected to spend $1.2trn worldwide. While this is encouraging news for brands and businesses, consumers will pay a higher price. 27 Oct 2021
Elizma Nolte
Elizma Nolte
The future of shopping seems to be heading towards a space where online and offline will be merged. This development might bring a new digital experience to shoppers, allowing an immersive and experiential shopping experience. This development could also make it easier for brands and consumers to be brought closer together, especially as we see Covid-19 having accelerated the trend of e-commerce. 26 Oct 2021
- Heineken Beverages
Inventive new campaign launches a bold new drink
Everything about the new Three Ships Mash Tun is inventive - even the marketing campaign that promotes it. "For a drink that's set to shake up the traditional whisky category, only an ad campaign that's bold and inventive itself will do," says brand manager Nicole Hewitt. 26 Oct 2021
Armor and IIMAK join forces to become global market leader in thermal transfer ribbons
The Armor Group recently announced the acquisition of IIMAK (International Imaging Materials, Inc.). The combined thermal transfer organisation will be called Armor-IIMAK with consolidated revenues of more than $400 million, establishing it as the global market leader in the design and production of thermal transfer ribbons for the printing of variable traceability data on labels and flexible packaging. 25 Oct 2021
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