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Retail News

New Bravo Brands Experience Centre launches in Joburg
Bravo Brands, the specialist in home and lifestyle comfort products, is opening a new brand experience centre and headquarters in Kramerville, Johannesburg. 20 May 2022
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Source: Pexels
Despite rising prices, South Africans continue to add more meat on their plates, while vegetable consumption has dwindled slightly. However, to fight inflation, shoppers are switching brands and downgrading to cheaper products when available. 20 May 2022
National standards in the works for vaping and vaping products
The South African Bureau of Standards (SABS) has established a National Technical Committee (TC) to develop South African National Standards to guide the use of vaping products. 19 May 2022
Why listening to what your customers want is a terrible idea
In traditional marketing circles there is a growing love affair with data. Everyone wants to 'analyse the data' before making a decision; data which is harvested from recorded customer behaviour patterns, focus groups and market research. 19 May 2022
Libstar on the lookout for innovative food businesses to incubate
South African JSE-listed food producer Libstar is on the hunt for well-established, food-focused small businesses to partner with through its new Libstar Nova division. 19 May 2022
Celebrate the Good Life with millions in savings in the LG Life's Good celebration sale
For those looking to upgrade their homes and grab great deals on premium products, LG Electronics has just announced a massive product sale starting 18 May 2022! LG has a long-standing history of bringing quality home electronics to the people of South Africa and is known for being first-to-market with innovative solutions that make life better. 19 May 2022
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Source: Pexels
Customers expect an easy, hassle-free omnichannel shopping experience; and digital innovation is the answer that retailers have been waiting for. It has been rapidly transforming retail value chains in recent years. From raw materials and manufacture tracing to consumer labelling and customisation, digital innovations are spurring new levels of connectivity and are essential to the competitiveness of the retail business. 19 May 2022
South African retail sales rise 1.3% in March
©kwangmoo - 123RF
Stats SA reports that South African retail trade sales increased by 1.3% year-on-year in March 2022. 18 May 2022
Source: Supplied
Source: Supplied
JSE-listed Shoprite Holdings has, through its subsidiary Shoprite Checkers Propriety Limited, established a Black Economic Empowerment transaction through formation of the Shoprite Employee Trust. 18 May 2022
Pick n Pay's big plans: New brands, cost-cutting, Boxer expansion and omnichannel growth
The "biggest and most important change in Pick n Pay for many years". That's how Pick n Pay Group CEO Pieter Boone has described the retail company's new four-year strategic plan revealed this week. 18 May 2022
Inside Always Welcome's striking new Kramerville showroom
At the immersive new Always Welcome Viewing Rooms in Kramerville, Johannesburg, premier South African designers have harnessed audio-visual technology to present a vision of a smart South African home. 18 May 2022
Local tea brand crowned Food Lover's Market's new social enterprise supplier
Food Lover's Market has named Setšong African Tea Crafters as this year's winning social enterprise to join the retailer's supplier network through its Seeds of Change Supplier Development Partnership. The local tea brand's triumph comes after a stringent bootcamp and a day of pitching to senior Food Lover's Market executives. 17 May 2022
Source: Supplied
Source: Supplied
Pick n Pay and the Takealot Group have signed a commercial services agreement that will enable customers across South Africa to buy Pick n Pay groceries and liquor from a new platform on the Mr D app. 17 May 2022
Vida e Caffè to expand Sweetbeet nationally following acquisition
Coffee franchise Vida e Caffè has acquired Cape Town-based health food restaurant brand Sweetbeet. The deal, concluded in November 2021, sees Vida e Caffè working to expand Sweetbeet across the country, accelerating the growth of the brand in response to consumer demand for healthier food options. 17 May 2022
McDonald's to exit Russian market
©ricochet64 - 123RF
McDonald's Corporation has announced it will exit the Russian market following the invasion of Ukraine. The fast food giant has become one of the biggest global brands to cut business ties with Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years. 17 May 2022
SAB CEO Richard Rivett-Carnac with AB InBev CEO Michel Doukeris. Source: Supplied
SAB CEO Richard Rivett-Carnac with AB InBev CEO Michel Doukeris. Source: Supplied
South African Breweries (SAB), part of AB InBev, reiterated its commitment to supporting economic growth and sustainability in Africa and South Africa during a visit to the country this week by AB InBev global CEO Michel Doukeris. 16 May 2022
Consumer spending trends since the onset of Covid-19 - Absa data
©Werayut Banjongkaew - 123RF
Two years since the onset of the Covid-19 pandemic, an array of lockdowns and disruptions in various forms resulted in extremely volatile spending behaviour from consumers. 16 May 2022
Rihanna's Fenty Beauty to launch in 8 African countries this May
Rihanna's popular Fenty Beauty and Fenty Skin cosmetics and skincare brands will launch in eight African countries on 27 May, including in South Africa at Edgars and Arc Stores. 16 May 2022
Knorr recalls Cup-a-Soup product
Unilever-owned brand Knorr has recalled its Cup-a-Soup Beef and Vegetable Lite boxes that it has produced, after discovering that they contain sachets of Knorr Cup-a-Soup Beef and Vegetable Regular instead. 13 May 2022
Barbie launches first dolls with vitiligo and behind-the-ear hearing aids
Toymaker Mattel announced that the Barbie brand has introduced its first Barbie doll with a behind-the-ear hearing aids and a Ken doll with vitiligo, as part of the expanded Fashionistas line. 13 May 2022
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