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Retail News

Puma and Minecraft reveal streetwear collab
Global sportswear brand Puma and popular video game Minecraft have partnered to launch a streetwear collection, which is set to hit South Africa this month. 18 Mar 2022
BASF and Foam Factory celebrate World Sleep Day with latest pillow foam technology that promises a better night's sleep
  • Innovation and design of Foam Factory's Driftaway pillows made possible by BASF's CosyPUR® foam.
  • Collaboration to develop cutting-edge polyurethane foam with optimal comfort and support for different sleep positions.
  • Innovative performance material enables smart sleep technology to be embedded in the pillow. 18 Mar 2022
  • 'Buy local' message more important than ever - Ramaphosa
    President Cyril Ramaphosa has encouraged South African consumers and businesses to actively choose to 'buy local' to accelerate the country's economic revival and stimulate job creation. 18 Mar 2022
    Libstar eyes pet, health food acquisitions for growth
    ©Tatiana Gladskikh - 123RF
    South African food producer Libstar is pursuing acquisitions in health and pet foods, its chief executive said on Wednesday, 16 March, as it looks to grab a slice of growth in both sectors. 17 Mar 2022
    - Heineken Beverages
    Savanna Premium Cider is bringing the spice with the new 'Chilled Chilli'
    We all know that Savivi is not only the people's most loved cider it's also the most innovative. So the world's spiciest nation is now home to the world's first spicy cider because #SiyavannaSouthAfrica. Don't worry, this easy drinking cider is not too hot or spicy, it's crisp and dry with hints of chilli and ginger. And it's utterly refreshing, in more ways than one. 17 Mar 2022
    Diale Tilo, executive director, Kgodiso Development Fund. Source: Supplied
    Diale Tilo, executive director, Kgodiso Development Fund. Source: Supplied
    Food and beverage giant PepsiCo has launched the Kgodiso Development Fund, a five-year, R600m investment with a goal to help transform the food system in South Africa. It will look to create 'shared value' solutions that ultimately help build a sustainable food system by creating local employment opportunities and increasing local procurement and supplier diversity. 17 Mar 2022
    SA retail trade sales rise 7.7% in January
    Stats SA reports that South Africa's retail trade sales increased by 7.7% year-on-year in January 2022. 16 Mar 2022
    Pepkor channels 3D technology for new Refinery campaign
    JSE-listed Pepkor Group, which includes well-known brands such as Pep, Ackermans, Refinery and Tekkie Town, has been working to augment its physical retail value chain with initiatives that support a digital value chain. 16 Mar 2022
    Source: Supplied
    Source: Supplied
    South African food producer Libstar, whose brands include Denny Mushrooms and Lancewood dairy, said on 16 March that its full-year earnings rose by 18.8%, due to lower interest and income tax expenses. 16 Mar 2022
    McCain recalls green beans and stir fry products due to "small glass fragments"
    McCain Foods South Africa has issued a voluntary product recall nationwide on certain bags of frozen sliced green beans and Spar-brand French stir fry. The recall follows reports that small glass fragments had been detected in the food products. 16 Mar 2022
    Blending artisanal craft and African storytelling with Thabisa Mjo
    Thabisa Mjo has designed one of South Africa's Most Beautiful Objects, been named one of the country's hottest young designers, and listed among the Mail & Guardian 200 Young South Africans - all before the age of 35. 15 Mar 2022
    Sitari Village Mall now running entirely on wind and solar energy
    The Shoprite Group has announced that Checkers Sitari and the entire Sitari Village Mall located close to Somerset West, Cape Town have become South Africa's first premium supermarket and shopping centre to run entirely off renewable energy from wind and solar sources. 15 Mar 2022
    Source:
    Source: Pixabay
    The current war in Ukraine initiated by Russia has impacted the region's output and export of sunflower seed and oil, throwing global economies into turmoil. 15 Mar 2022
    From shop floor to C-suite - Marks & Spencer CEO Steve Rowe steps down
    Steve Rowe is stepping down as chief executive officer of Marks & Spencer (M&S) after six years in the role and nearly 40 years working at the British multinational retailer. Rowe will be succeeded by two co-CEOs - Stuart Machin and Katie Bickerstaffe, who are currently M&S's joint chief operating officers. 14 Mar 2022
    Source: Getty
    Source: Getty
    The local online e-commerce market is currently estimated at just under R200bn per annum, up from R90bn in 2019 and R142bn in 2020, and has already exceeded pre-pandemic 2025 projections, according to FNB Merchant Services data. 14 Mar 2022
    Twitter trials new mobile shopping feature Twitter Shops
    Twitter is beta testing a new mobile-first feature called Twitter Shops, which lets online sellers add a virtual storefront to their profiles for customers to browse a large catalogue of products. 14 Mar 2022
    The Cannabis Expo returns to Cape Town after 2-year hiatus
    The Cannabis Expo returns to Cape Town after a two-year pandemic break. This time, the event is hosted on the back of President Ramaphosa's recent SONA address, in which he announced government's renewed focus on this flourishing industry and plans to review current frameworks and polices to help the cannabis sector grow. 11 Mar 2022
    - Heineken Beverages
    Viceroy Vul'Umlomo: Conversations on Culture takes a deep dive into the relationship between money and culture
    As South Africans, we regard culture as an essential part of our lives. As we exist in modern society, it's equally important to continuously have conversations on culture to understand the real significance behind our cultural traditions and perceived misconceptions that may arise from certain practices. 11 Mar 2022
    Source: Reuters/Dado Ruvic
    Source: Reuters/Dado Ruvic
    Consumer packaged goods companies Mars, Mondelez International and Nestlé have followed multiple Western companies in limiting operations and business activity in Russia following its invasion of Ukraine. 11 Mar 2022
    China's retail revolution: Innovations that could change the way the world shops
    China's dominance in manufacturing has made it the factory of the world. The subsequent economic growth enriched an ever-expanding middle class, and the country's retail industry has quickly adapted to supply a growing appetite for consumption. 11 Mar 2022
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