Stats SA reports that South African retail trade sales increased by 2% year-on-year in August 2022. 19 Oct 2022
LG Electronics, renowned for its optimized HVAC solutions for all climate needs, recently announced the brand-new opening of an Air Solutions showroom, academy and office in Brackenfell, Western Cape. This facility will offer dedicated Air Solutions support for consultants, contractors and HVAC industry professionals, and opened its doors on 14 October 2022. 19 Oct 2022
With new consumer behaviours taking root during the pandemic and a perfect storm of economic instability and rising costs putting pressure on shopper spend and businesses' bottom lines, the retail industry has needed to hastily adapt and evolve. 19 Oct 2022
Source: Supplied
The latest NielsenIQ State of the Retail Nation Report has found that South African shoppers have halved the number of times they go grocery shopping in a month compared to their shopping behaviour before the onset of the Covid-19 pandemic (2019 vs 2022), but this has done little to dent spend on consumer packaged goods (CPG). 19 Oct 2022
Nestlé has appointed Nicole Roos as the managing director for East and Southern Africa Region (ESAR), headquartered in Johannesburg. 19 Oct 2022
Chinese smartphone and consumer electronics brand Xiaomi has opened the doors to its first South African retail store. 18 Oct 2022
Information about alcohol abuse gathered during the Covid lockdown may prompt further changes to the Liquor Amendment Bill, says the Department of Trade, Industry and Competition. The Bill has been on hold since 2018. 18 Oct 2022
Source: Pick n Pay
Pick n Pay Stores Ltd said on Tuesday, 18 October that inflation and power cuts in the second half of the year would add to the cost pressures the grocery retailer is already facing. 18 Oct 2022
Source: Dis-Chem
JSE-listed pharmacy retailer Dis-Chem has apologised for offending staff and customers after a letter to managers announcing a moratorium on the hiring and promotion of White employees was widely shared on social media. 18 Oct 2022
Your business is complex, with diverse roles within a team, multiple teams within departments, and stand-alone departments within a company. Hopefully by now you've figured out that spreadsheets and paper don't cut it anymore. Production and warehousing, IT and accounting, HR and sales, reporting and management: each role and department needs its own app and system to function. 17 Oct 2022
Source: Reuters/Siphiwe Sibeko
Many South Africans have taken to social media threatening to boycott Dis-Chem for its enforcement of a moratorium on the appointment and promotion of White employees. 17 Oct 2022
Diageo Plc, the world's largest spirits maker, has offered to buy additional shares in Kenya's East African Breweries to boost its stake by a third to 65%, it said on Friday, 14 October. 17 Oct 2022
The winners of the fourth South African Loyalty Awards were announced on Thursday, 13 October, at the Truth Leaders in Loyalty Summit in Cape Town. 14 Oct 2022
Protesters demanding jobs were addressed by community leaders outside the mall. Photos: Bernard Chiguvare
Hundreds of protesters closed down the Elim Mall on Thursday, 15 October blocking the road to Louis Trichardt in Limpopo with bricks and rubbish, demanding that local people be employed at the mall. Motorists could not get through to the shopping mall or to Elim hospital, and learners could not attend school. 14 Oct 2022
Mike Smollan, chief growth and innovation officer at Smollan. Source: Supplied
Global retail specialist Smollan has announced a "significant investment" of an undisclosed sum in eComplete, a turnkey end-to-end e-commerce solutions company that helps brands succeed at e-commerce. 14 Oct 2022
An employee inserts lithium-ion cells from old laptop battery packs into a solar lantern at the Quadloop recycling facility in Lagos, Nigeria. Source: Reuters/Temilade Adelaja
Quadloop, a Nigerian-based company, has found a way to turn electronic waste into solar lanterns and other products that will have a lower impact on the environment. 13 Oct 2022
Despite the growth of e-commerce and online shopping, the vast majority of South African consumers still prefer to visit physical stores. 13 Oct 2022
The global luxury resale market is forecast to be worth $51.77bn by 2026, up from $32.61bn in 2021. On the African continent, Michael Zahariev, cofounder of pre-owned luxury reseller Luxity, believes that by 2027 one in 10 luxury items bought in Africa will be pre-owned. 13 Oct 2022
Global e-retailer Shein, which has been widely criticised for unsustainable production methods, has announced targets to reduce overall emissions across its entire value chain by 25% by 2030 and its greenhouse gas (GHG) emissions inventory for 2021 - the year that will serve as the company's baseline for achieving its science-based targets. 13 Oct 2022
The total cost of e-commerce fraud to merchants is expected to exceed $48bn globally in 2023, driven by the increasing use of alternative payment methods, such as digital wallets and 'buy now pay later' (BNPL), which are creating new fraud risks. 12 Oct 2022
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