Labat Africa, which aims to be the number one healthcare company in South Africa with a focus on medicinal cannabis, is diversifying its offerings through strategic acquisitions and retail expansion. 20 Jan 2022
Source: Getty
Stats SA reports that South Africa's retail trade sales increased by 3.3% year-on-year in November 2021. 19 Jan 2022
The trajectory of e-commerce growth in 2021 has confirmed that lockdown shopping habits are here to stay. Following two years of doorstep deliveries and online shopping sprees, consumers have come to expect personalisation, convenience and flexibility from their retail experience. These factors will shape the development of e-commerce in 2022 and beyond. 19 Jan 2022
South Africans' deep appreciation of money, time, and relationships has resulted in the creation of a whole new set of value systems and priorities. The trend, coined 'Uncompromised Values', was identified in a new report titled Consumer Trends Report 2022: Rebound + Rebalance, launched this week by consumer insight agency InSites Consulting. 19 Jan 2022
About 70 striking workers from Clover marched through Johannesburg's inner city on Tuesday, calling on the public to boycott Clover products... 19 Jan 2022
Richard Rivett-Carnac, SAB CEO. Source: Supplied
The South African Breweries (SAB) has appointed Richard Rivett-Carnac to the position of CEO. 18 Jan 2022
South Africans will have to say goodbye to Peck's Anchovette and Redro fish paste for the foreseeable future as Pioneer Foods, the local distributor of Peck's and manufacturer of the South African equivalent Redro, has ceased production of the once-iconic products. 18 Jan 2022
If businesses have learned anything from 2021, it's that top-notch product shots are nonnegotiable. The way customers shop has changed forever - online retail is the new normal, making high-quality photos more important than ever before. A single photo can make the difference between making and losing a sale. There are multiple aspects to consider when integrating this into your e-commerce strategy - from 360-degree photography to products in motion, storytelling, search results rankings and more. Craig Bellingham, founder and CEO of Studio[K]irmack, who has overseen over 150 national retail campaigns, with a client list that includes adidas, Puma, Engen, Pick n Pay Clothing, Hi-Tec and Cape Union Mart, among others, shares eight key points to keep in mind. 18 Jan 2022
While the final numbers aren't in for 2021 yet, e-commerce sales in 2020 closed 32.4% higher than the preceding year. Shoppers are now, more so than ever before, demonstrating a desire to move their purchases online. 18 Jan 2022
Source: Supplied
Global market research company Euromonitor International has released its anticipated annual global consumer trends report. 17 Jan 2022
As omnichannel retail momentum accelerates, the value of global e-commerce payment transactions will exceed $7.5tn by 2026, from $4.9tn in 2021, reveals a new study from Juniper Research. 17 Jan 2022
South African Breweries' (SAB) spritzer brand Brutal Fruit has unexpectedly launched a Brutal Fruit fragrance, called You Belong. 17 Jan 2022
Although there are barriers to exponential e-commerce growth in South Africa in the short-term, I believe that we are approaching a tipping point, and in the next three to five years we will experience widespread adoption as the appetite is certainly there and 2021 figures are evident of this. 17 Jan 2022
GlaxoSmithKline (GSK), the owner of Aquafresh, Voltaren and Eno, has rejected a proposal from Unilever to acquire GSK's Consumer Healthcare business for a total acquisition value of £50bn, comprising £41.7bn in cash and £8.3bn in Unilever shares. 17 Jan 2022
Hundreds of striking Clover workers picketed on Thursday outside the Department of Trade, Industry and Competition in Pretoria. The workers called on the department to intervene to stop retrenchments and factory closures. Clover management said a difficult trading cycle and poor economic growth had forced them to restructure the company and retrench some workers. 14 Jan 2022
The eThekwini Furniture Cluster (EFC) is offering a new Unemployed Youth Skills Development Programme to empower youth and improve core capabilities in South Africa's furniture sector. The opportunity is open to a limited number of unemployed youths in the eThekwini Municipality. 14 Jan 2022
Albé Geldenhuys, founder, USN
Fledge Capital, previous investors in WeBuyCars and Dis-Chem, has acquired a 25% direct shareholding in Ultimate Sports Nutrition (USN), the fast-growing sports nutrition brand with a turnover approaching R2bn. 13 Jan 2022
Tensions ran high at a Pick n Pay store in Observatory, Cape Town this week when protesters calling for a boycott of Clover products were involved in a scuffle with store workers. 13 Jan 2022
Consumers spent $1.14tn online globally during the 2021 holiday shopping season, compared to $1.1tn in 2020, according to newly-released Salesforce data. Notably, while Cyber Week saw muted digital growth in 2021, early November and late December surges helped retailers break new sales records. 13 Jan 2022
Source: Savage X Fenty
Pop superstar turned fashion entrepreneur Rihanna is getting ready to roll out the first physical stores for her Savage X Fenty lingerie line. 12 Jan 2022
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