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Retail News

- Kantar
Marketing to Millennials and Gen Z: Social selling beyond stereotypes
When it comes to delivering winning customer experience to today's consumers, brands need to streamline their focus and deliver on their promise of seamless CX in a channel-less world. Social commerce is now firmly in the spotlight, and this has redefined the terms of engagement for brands and consumers alike... 14 Apr 2022
Source: ©belchonock -
Source: ©belchonock - 123RF
Stats SA reports that South African retail trade sales decreased by 0.9% year-on-year in February 2022. 14 Apr 2022
Africa's first cultivated beef burger unveiled in Cape Town
South African cultivated meat company Mzansi Meat Co. has unveiled the continent' first lab-grown beef burger - a development described as a massive milestone for the brand and a breakthrough for food security in Africa. 13 Apr 2022
Mr Price enters R3.3bn deal to buy controlling stake in Studio 88
Retail giant Mr Price has signed a R3.3bn deal to acquire a controlling stake in the Studio 88 Group, which operates fashion retail brands including Studio 88, SideStep, Skipper Bar and John Craig. 13 Apr 2022
Source: Supplied
Source: Supplied
Mogale Meat, a South-African cellular food-tech company, has debuted Africa's first cultivated chicken. According to the company, the launch signals the birth of a major new technological drive to produce more essential animal protein for people, and the startup states that cultivated meat is a "potential game-changer" for the planet, and more specifically for Africa's biodiversity and wildlife conservation. 12 Apr 2022
#EcomAfrica: Online retail beyond the pandemic, with OneDayOnly's Laurian Venter
Having worked at OneDayOnly for nearly a decade, sales and marketing director Laurian Venter is a key part of the e-tailer's growth story - from an aspirational startup operating at a time when e-commerce was the exception rather than the rule in South Africa, to the country's foremost daily deals site in an online retail market that's hotted up. 12 Apr 2022
Mobile commerce is helping to boost retail growth across Africa
E-commerce has evolved as one of the largest drivers of retail trade today, providing consumers with a way to shop for goods that is convenient and available on the go. 12 Apr 2022
Dis-Chem refreshes Baby City brand
Following Dis-Chem's R430m acquisition of Baby City in 2020, the baby product retailer is now fully integrated into the Dis-Chem Group and is sporting a brand refresh - including a new logo and corporate identity. 11 Apr 2022
FrontierCo launches new retailer Destinations Outdoor and Travel
FrontierCo Group, formerly known as New House of Busby, has launched a new outdoor destination retailer catering to adventure and travel-minded shoppers. 11 Apr 2022
Wage strike at Taylor Blinds factory
About 100 workers have been on strike at Taylor Blinds & Shutters in Montague Gardens, Cape Town, since Monday, [4 April]. The strike for higher wages is led by the Independent Commercial Hospitality and Allied Workers Union (Ichawu). 11 Apr 2022
L'Oréal announces Dark and Lovely product recall
L'Oréal South Africa has initiated a voluntary product recall of one batch of the locally-made Dark and Lovely Precise Diamond Straight and Shine Relaxer 125 ml tub. Consumers are warned that using the recalled product could cause "increased hair breakage and scalp irritation", the beauty company said. 9 Apr 2022
5 significant shifts in customer behaviour and expectations
Almost every area of our lives has changed dramatically in the previous two years. And it's no different when it comes to how we behave as retail customers. Not only have we changed where and how we shop, but we've also changed what we buy. 8 Apr 2022
Kirk Perry, president and CEO of IRI, will become CEO of the combined company. Source: Business Wire
Kirk Perry, president and CEO of IRI, will become CEO of the combined company. Source: Business Wire
Information Resources, Inc. (IRI), a global market intelligence provider for consumer, retail and media companies, and The NPD Group (NPD), a global provider of market information and advisory services in more than 20 industries, have signed an agreement to merge. 8 Apr 2022
Source:
Source: Pexels
South African retailers are set for a strong Easter trading season, with general dealers, clothing and textiles stores, as well as specialist food, beverages and tobacco retailers expected to be among the strongest who will gain. 7 Apr 2022
Former Pernod Ricard exec and SA female distiller partner on non-alcoholic brand
Mahala Botanical is a promising local addition to the booming no- and low-alcohol beverage category. A premium, triple-distilled non-alcoholic spirit produced in South Africa, Mahala is rooted in a farm-to-glass philosophy and imbued with the flavours of Cape fynbos. 7 Apr 2022
- Kantar
Extending e-commerce to m-commerce and q-commerce: The ABCs of CX in 2022
When it comes to delivering winning customer experience to today's consumers, brands need to streamline their focus and deliver on their promise of seamless CX in a channel-less world. Mobile is the glue between the digital and physical universe. Determine what your metaverse looks like... 7 Apr 2022
PepsiCo sub-Saharan Africa launches R1.6bn BBBEE employee share ownership scheme
Food and beverage company PepsiCo sub-Saharan Africa has launched The Bašumi Trust, its BBBEE employee share ownership plan (ESOP). The trust paid out its maiden dividend to beneficiaries at launch. 6 Apr 2022
#FreshontheShelf: New from Meatless Farm and Perdeberg Cellar
In #FreshontheShelf, we round up our pick of food and beverage products that have hit the shelves recently. 6 Apr 2022
Source: Reuters/Mike Hutchings
Source: Reuters/Mike Hutchings
South African private sector activity expanded at a faster pace in March compared with February, helped by growth in employment and new orders, a survey showed on Tuesday, 5 April. 6 Apr 2022
Farfetch to invest up to $200m in Neiman Marcus Group in strategic luxury tie-up
Luxury fashion e-tailer Farfetch has signed a global strategic partnership and investment deal with Neiman Marcus Group, the largest omnichannel luxury retailer in the US and the parent of brands including Neiman Marcus and Bergdorf Goodman. 5 Apr 2022
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