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Retail News

- Heineken Beverages
Polished Heritage Heroes show Nederburg's new momentum
Nederburg's prestige Heritage Heroes collection has become more focused, says Nederburg cellarmaster, Samuel Viljoen. "In every way, from the liquid to the livery, you'll find a polished precision. The wines are fresher, livelier, and more poised. 8 Jun 2022
Converse expands retail footprint to Namibia
Sneaker, clothing and accessory brand Converse has launched in Namibia with its first store opening at The Grove Mall in Windhoek. 8 Jun 2022
Source: Spar
Source: Spar
South Africa's Spar Group has reported a 3.7% rise in half-year profit, as its businesses continued to recover from Covid-19 restrictions. 8 Jun 2022
Source: Vgrigas, CC BY-SA 3.0 , via Wikimedia Commons
Source: Vgrigas, CC BY-SA 3.0 , via Wikimedia Commons
There is currently a major drive to promote cashless payment systems into the main market of South African retail. Many fintech's and startups have developed highly innovative solutions aimed at addressing what is seen as a substantial risk. However, while cash is undeniably a risk, it is not necessarily a resolvable issue. 8 Jun 2022
African Beer Cup 2022: Continent's best beers awarded
Soul Barrel Brewing, a small craft brewery based in the Cape Winelands, came out tops at the recent 2022 African Beer Cup. The brewery's Live Culture Grand Cru beat 250 entries from 14 different African countries to scoop the coveted title of Best Beer in Africa. 7 Jun 2022
Multi-sector trade show Saitex returns to in-person event this June
After a two-year hiatus due to Covid restrictions, multi-sector trade show Saitex returns this month for its 28th iteration. 7 Jun 2022
Source: Firmenich
Source: Firmenich
Swiss ingredients maker Firmenich and Dutch chemicals giant DSM are set to merge to become "the leading creation and innovation partner in nutrition, beauty and well-being". The merger, to form DSM-Firmenich, will join two companies that have been independent manufacturers for more than a century. 6 Jun 2022
Woolworths rolling out electric vehicle deliveries in 3 provinces
Following a successful 10-month trial, Woolworths is embarking on an extensive rollout of electric panel vans (EVs) in partnership with DSV and Everlectric to deliver customers' online purchases in Gauteng, Cape Town and Durban. 6 Jun 2022
Pinterest to buy high-tech fashion shopping platform The Yes
Social media network Pinterest is ramping up its social commerce capabilities by agreeing to acquire The Yes, a US-based AI-powered shopping platform for fashion. Launched in 2018, The Yes enables users to shop a personalised feed based on the user's active input on brand, style and size. 6 Jun 2022
Love Island ditches fast fashion: how reality celebrities influence young shoppers' habits
This year, contestants on the TV show Love Island will be scantily clad in secondhand rather than new clothing - a pivot away from fast fashion that could influence more eco-conscious shopping habits in fans. The beloved reality show will return to televisions next week, and with it, an array of colourful bikinis and skintight outfits that viewers will seek out in order to dress like their favourite Islanders. 3 Jun 2022
Plotting the way forward in fuel and forecourt retailing
©Natalia Klenova via 123RF
Already recovering from the economic fall-out from Covid-19, the devastating floods in KZN and the war in Ukraine - which derailed oil prices - has caused further strain on the South African economy, and fuel and forecourt retailers. 3 Jun 2022
E-commerce platform Rentoza to unlock growth opportunities after R20m funding boost
South African on-demand subscription platform Rentoza is set for accelerated growth following a R20m funding boost from the MIC Khulisani Ventures fund. 3 Jun 2022
#YouthMonth: Meet Russell Abrahams, the SA creative who caught the eye of H&M
H&M South Africa has just released its first locally printed collection, with illustrations designed by talented young Capetonian Russell Abrahams, better know by his studio name Yay Abe. 2 Jun 2022
Source: Supplied
Source: Supplied
The high cost of food has been a hot topic. Reasons for the increases range from the war in Ukraine to the weaker rand, and natural disasters such as the floods in KwaZulu-Natal - a province in which many South African factories are situated. 2 Jun 2022
Electrolux looks to strengthen premium segment position with AEG brand
International home appliances maker Electrolux has noted growing demand in the South African market for "affordable, innovative high-end appliances", and aims to cater to this need with its premium AEG brand, which relaunched in South Africa this past year. 1 Jun 2022
Source: L'Oréal
Source: L'Oréal
Beauty giant L'Oréal has created the Bold Female Founders initiative, designed to support female-led startups worldwide. 1 Jun 2022
Frasers Group buys Missguided out of administration
Frasers Group, the retail empire founded by Mike Ashley that owns House of Fraser and Sports Direct, has bought embattled online women's fashion retailer Missguided out of administration for £20m in cash. 1 Jun 2022
#AfricaMonth: Why informal retailing in Africa must not be overlooked
The economic contribution of Africa's informal retail market and its prevalence in the lives of the continent's consumers should not be underestimated. Providing underserved communities with convenient access to food and other essentials, informal retail continues to play an important role in the region even as modern channels such as online shopping pick up steam. 31 May 2022
- Heineken Beverages
Louder for the people at the back
The People vs Savanna Premium Cider in #CancelCourt #TheAppeal 31 May 2022
Source: Supplied
Source: Supplied
Pepkor said its plans to open more than 300 stores in the 2022 financial year remain on track, despite a challenging operating environment impacted by supply chain disruptions and constrained spending. 31 May 2022
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