South Africa's biggest supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, but says new store openings will drive growth in 2023. 8 Mar 2023
Rogz is an instantly recognisable brand name to scores of doting pet owners. From leashes and collars to toys and beds, Rogz products have long formed a standard part of the pet accessories' arsenal and after more than 20 years in business, the local brand remains a frontrunner in the increasingly competitive pet retail space. 8 Mar 2023
The partnership is designed to support the growth and development of aspiring entrepreneurs by helping them set up and own a Sorbet franchise. 8 Mar 2023
Fourth-quarter retail figures suggest a slight sales recovery, but cash-strapped consumers are turning to credit to finance their purchases and new loan default rates paint a worrying picture. 8 Mar 2023
Source: Reuters/Siphiwe Sibeko
Shoprite, South Africa's biggest supermarket group, posted a 10.2% rise in half-year earnings on Tuesday, 7 March, as both cash-strapped shoppers and upmarket consumers went after Black Friday and holiday deals. 7 Mar 2023
How long can your business operate without Eskom grid electricity? Two hours? Two days? Two weeks? More importantly, how long should it be able to operate without electricity? This is one of the most important questions businesses in South Africa should be asking right now, advises Jason Griessel, head of Cushman & Wakefield | BROLL Strategic Risk Services. 7 Mar 2023
Source: Reuters/Siphiwe Sibeko
RCL Foods and AVI said demand was expected to remain muted as consumers grapple with high costs of living and they saw little relief in input cost pressures, which will force them to continue raising prices. 7 Mar 2023
Natural skincare company Corium Skincare started as a hobby and has now developed into a flourishing locally-based, Black-owned beauty business. Its products are made from natural and botanical ingredients and are inspired by traditional African, Himalayan and Ayurvedic beauty practices. 6 Mar 2023
AVI Ltd posted half-year earnings growth of 0.6% on Monday, 6 March as the South African food producer and fashion retailer lifted prices to put a lid on rising input costs, but said consumer demand was constrained by the high cost of living. 6 Mar 2023
Source: RCL Foods
South African food producer RCL Foods on Monday, 6 March dropped interim dividend plans after its half-year earnings slumped 22.4% due to high commodity and energy costs. 6 Mar 2023
Source: Reuters/Sumaya Hisham
Pepkor Holdings raised R1.2bn in the South African bond market this week, the owner of South African clothing brands Pep and Ackermans said on Friday, 3 March. 3 Mar 2023
The South African Bureau of Standards (SABS) recently published new requirements and guidelines for the marking and identification of environmentally-friendly production and processing of degradable plastics and plastic products. 'Degradable plastics' include but are not limited to biodegradable, compostable, oxo-biodegradable and water-soluble plastics. 3 Mar 2023
Coca-Cola Beverages South Africa (CCBSA) is partnering with the Henley Business School on a strategic learning partnership to empower select suppliers to the beverage company. 3 Mar 2023
Informal traders inside the Belhar Airport Mall have been asked to vacate by 12 March. 3 Mar 2023
While the majority of South Africans remain drawn to physical retail and the tactility and engagement it provides, investments in e-commerce are essential for future business growth. 2 Mar 2023
The Department of Trade, Industry and Competition (the DTIC) is working to position 23 South African companies as strategic suppliers of packaged and processed food products at the 48th International Food and Beverage Expo (Foodex) in Japan. 2 Mar 2023
Stiles is excited to announce the launch of their Lights Out promo starting 1 March 2023. For a limited time, Stiles are giving their customers discounts of up to 40% off* on select tile and sanitaryware products. Whether the lights are on or off, Stiles guarantees a Lights Out experience and an uninterrupted supply of style, with the best possible value. 1 Mar 2023
Source: Reuters/Siphiwe Sibeko
Woolworths Holdings Ltd reported a 75.1% jump in half-yearly earnings on Wednesday, 1 March but warned of slower growth in the second half as the country's power crisis hits profitability. 1 Mar 2023
Newly released results from the Online Retail in South Africa 2022 study by World Wide Worx and Mastercard reveal that online shopping amongst adult South Africans has shot up from 27% in 2020 to 38% in 2022. 1 Mar 2023
Source: Supplied
Buy Now Pay Later (BNPL) is revolutionising how e-commerce merchants trade in an increasingly competitive market, and the payment method is only getting more attractive for consumers and retailers alike, says The Digital Media Collective (TDMC) founder Cheryl Ingram. 28 Feb 2023
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