Sportwear giant Nike, Inc. has announced a slew of changes across the executive ranks at its Jordan, Converse and namesake businesses. According to the company, the leadership shakeup was made to "deepen consumer-led growth and marketplace advantage". 26 May 2023
Prominent footwear manufacturer Bata South Africa, has made a strategic appointment in the form of retail and merchandising professional, Suhail Rajah, who joined the organisation this year as the regional strategy and initiatives leader for Africa & the Middle East (AME). This pivotal, new role was created to support Bata's ambitious 2023 to 2027 plans for local business expansion and increased exports throughout the African market, emphasising the company's commitment to growth and market penetration in the region. 25 May 2023
South African eyewear distributor, SDM, has rebranded to FrontierCo Vision. 25 May 2023
Source: RFG
Western-Cape based food producer RFG Holdings has reported a 37.1% increase in headline earnings to R217m for the six months ended March 2023 as the regional and international businesses expanded margins. 25 May 2023
The rising number of high-net-worth individuals globally is a key driver behind the expansion of the luxury retail market, new global research by communication technology company Communications Specialist Ltd shows. 25 May 2023
Today's consumers have access to a myriad of convenient experiences through mobile apps and online platforms, and they expect a similar level of ease when interacting with businesses and specifically payment interactions. 24 May 2023
Source: Massmart
Retail group Massmart has integrated Walmart's Global Integrated Fulfillment (GIF) software into all Makro stores, with plans afoot to expand into Game and Builders. 24 May 2023
While South Africa's annual food inflation has eased slightly, consumers are still forking out significantly more cash for products like vegetables, maize meal, milk, flour and coffee than they did a year ago. 24 May 2023
Civil society organisation Healthy Living Alliance (Heala) is urging South Africans to comment on the draft Regulations Relating to the Labelling and Advertising of Foodstuffs, which was gazetted by the Department of Health in January 2023 (DoH) and has just been made available for public input. Consumers have until 21 July to submit their comments. 24 May 2023
Just six days following the launch of the revamped Spar Rewards loyalty programme, card registrations had reached 1,035,785, the retailer reports. 23 May 2023
With consumers demanding a variety of payment options, businesses need to offer a plethora of emerging payment methods or risk losing out on sales. 23 May 2023
Some of the fruits of the Fashion Bridges programme, a cross-functional collaborative initiative between Italy and South Africa, were showcased in Cape Town recently at a fashion show held at the Italian Ambassador's Residency. 23 May 2023
The Whopper owes its enduring fame to its commitment to high-quality ingredients. 23 May 2023
Fitness chain Virgin Active South Africa, which merged with Kauai's parent company Real Foods Group last year, is launching its new app and rewards programme this May to incentivise regular exercise and lifestyle changes among its members. 23 May 2023
Dermalogica founder and chief visionary Jane Wurwand recently visited South Africa, journeying back to a place that holds special meaning to the entrepreneur as it greatly influenced the path she'd follow building a globally respected name in professional skincare. 22 May 2023
A new study from Juniper Research estimates that e-commerce transactions globally will reach $8tn by 2027, with emerging markets driving 51% of growth. 22 May 2023
Woolworths has announced a recall of its chicken viennas with immediate effect. The products in question are Woolworths Smoked Chicken Viennas, Cocktail Chicken Viennas and Halaal Smoked Chicken Viennas with the sell-by date 27 May 2023. 19 May 2023
Source: Dis-Chem Group
Dis-Chem is the latest South African retailer to report rising costs associated with load shedding, as companies attempt to shield their operations from rolling power cuts by investing in backup power solutions. 19 May 2023
Food is the biggest monthly expense for the majority of South Africa's taxi commuters, but despite high levels of unemployment, many are still able to make ends meet, either through a side hustle, a Sassa grant or through family support. 19 May 2023
KFC's popular Kentucky Town pop-up has arrived in Pretoria at the KFC Lynnwood in Hillcrest Boulevard Shopping Centre. 19 May 2023
Let's do Biz