South African-headquartered online fashion retailer RunwaySale has announced a rebrand to MyRunway. The move comes on the back of a period of sustained growth, the company states. 12 Jan 2022
Jonathan Cherry, futurist and founder of Cherryflava Media. Source: Supplied
In 2005 a revolution happened in media and publishing that would later see some of the biggest names in the industry fall. This gigantic shift was also the catalyst for new players with names like the Huffington Post, Facebook and Twitter to emerge and replace the old power structures that had failed to see and react to the change. 12 Jan 2022
Marko Salic, CEO, Argility Technology Group. Source: Supplied
South Africa's Argility Technology Group has been snapped up by the Smollan Group, a global intelligent commerce solutions business that works to deliver growth for retailers and brand owners across five continents, including Africa. 12 Jan 2022
Workers have welcomed a promise by Clover SA to pay overdue bonuses as a win in the ongoing dispute between the company and workers. 11 Jan 2022
Source: Getty
The global market value of the subscription economy will grow to $275bn in 2022, rising from $224bn in 2021, with physical goods claiming the largest share of the market, a new Juniper Research study has found. 11 Jan 2022
Given the dynamic nature of technology, it follows that new trends are forever emerging in the e-commerce space. Today, people seek out platforms that not only offer ease-of-use and convenient payment options, but those that embrace the latest technologies to make the overall shopping experience more exciting. 11 Jan 2022
Source: Reuters/Mike Blake
Steinhoff's Supervision Board, which is trying to bring the affairs of the once-vaunted furniture company to an orderly close, has announced one further step in the process. 11 Jan 2022
Hasbro, the owner of toy and entertainment brands including Monopoly, Play-Doh, Dungeons & Dragons and My Little Pony, has appointed Chris Cocks as its new CEO, effective 25 February 2022. 10 Jan 2022
Cape Town-born liquor brand Suncamino Floral Rum, has launched in the UK. The local rum, which is the world's first floral-infused rum, is being introduced to the UK and exclusively distributed by 31Dover, named Spirits Retailer of the Year in The Spirits Business Awards 2020. 10 Jan 2022
Major global catastrophes have shaped the world by changing human behaviour and enabling new growth opportunities and innovation - the Spanish flu in the early 1900s shaped health care consumption, World War 1 and 2 shaped the industrial revolution and the acceleration of technology to enable scale manufacturing leading to new consumer purchasing behaviours. 10 Jan 2022
As Covid-19 is set to consume yet another year, brick and mortar stores are realising they need to move faster on expanding their omnichannel repertoire to meet consumers' changing needs. NielsenIQ South Africa MD Ged Nooy says this stems from the fact that it is no longer a question of whether people are willing to purchase fast-moving consumer goods online, but rather getting to grips with this new retail reality. 10 Jan 2022
I regularly fly with KLM from Minneapolis to New Delhi, and always stop over in Amsterdam. I am frequently in Minneapolis for research and this is my route to go home to take a break from work. I have done the journey so many times that I know almost all the shops at Schiphol inside out. However, one time in summer 2019, the predictability was broken when I missed my connecting flight to New Delhi. 7 Jan 2022
Source: Faithful to Nature
Faithful to Nature is the first retailer in South Africa to become B Corp certified, for its commitment to social and environmental sustainability. With innovations like product transparency, sustainable packaging and carbon neutral delivery, the brand has been instrumental in introducing South African consumers to more natural, ethical and sustainable products and practices, and they continue to pioneer this movement in the country. 7 Jan 2022
The global pandemic has been laden with lessons. For one, that change is guaranteed and inevitable. Humanity was on an all-consuming treadmill when our world stood still in early 2020. 7 Jan 2022
Bosses Day. Black Friday. Cyber Monday. Singles Day. Christmas. Back to School. Un-blurring lines, strategic planning, and relevance is what it boils down to as retailers pick the occasion that aligns with their brand and target audience. 6 Jan 2022
Andy Bond, the chief executive of Steinhoff subsidiary Pepco Group, a fast-growing pan-European variety discount retailer, will step down from his role at the end of March 2022. The veteran retail executive's departure is due to health reasons, a Steinhoff Sens announcement stated. 6 Jan 2022
In 2021 consumers have adjusted to a new world of retail. As inflation began to bite and food and grocery prices continued to rise, the universal truths of retail were ever more evident. 6 Jan 2022
Source: Reuters/Mike Hutchings
South African private sector activity contracted in December as concerns about rising COVID-19 cases driven by the Omicron variant and tighter travel restrictions hurt demand, a survey showed on Wednesday. 5 Jan 2022
It's an understatement to say that the past two years have been challenging for brands in South Africa and the rest of the world. The pandemic has wreaked havoc, but it's by no means the only disruptor we have faced. 5 Jan 2022
Dear Retail, let's not dwell on the last couple of years shall we? You were already in the doldrums, what with the endless onslaught from your greedy online cousins. We worried about you back then, but I guess you must be feeling seriously battered after what we've put you through recently. 5 Jan 2022
Let's do Biz
