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Retail News

Are we experiencing 'greedflation' or inflation?
Inflation has been rampant globally. Consumers are expected to pay ever increasing prices due to supply chain shocks and excess demand - but are these really the reasons? 23 Aug 2023
Getwine acquires a 100% stake in CyberCellar
Online wine company, Getwine, has officially announced its recent acquisition of CyberCellar, an online wine retailer. This strategic move marks a significant milestone in the company's ongoing commitment to providing unparalleled wine offerings to its valued customers. 22 Aug 2023
Generative AI ushers in a new era for retail
A new survey of 2,400 shoppers and 1,125 retail leaders in 17 countries indicates that the retail industry is again on the precipice of major disruption. After just a few months in the public consciousness, generative artificial intelligence is already making an impact on retail, with 17% of shoppers reporting they've already used generative AI for purchase inspiration. 22 Aug 2023
- TDMC
E-commerce: How tertiary education must change to meet needs of industry
In an industry that is evolving so rapidly, tertiary institutions need to keep up with the pace of change in e-commerce and ensure their graduates are equipped with the right skills when they enter the working world. Cheryl Ingram, founder and head of The Digital Media Collective, outlines changes she would like to see implemented in South African universities and colleges and how her award-winning digital agency is addressing these shortfalls. 21 Aug 2023
Social e-commerce offers consumers a low-price lifeline
The Covid-19 pandemic heralded an explosive acceleration in online retail. Statista recorded a 24% increase in global e-commerce revenue in 2020, and a further 18% increase in 2021. 21 Aug 2023
- OnPoint PR
South Africa's breakfast champions unite to celebrate SA's Biggest Breakfast
Get ready for a breakfast extravaganza like never before as two of South Africa's leading breakfast brands, White Star and Weet-Bix, join forces to celebrate breakfast with the #SABiggestBreakfast. This remarkable collaboration aims to bring families and individuals together to enjoy the most important meal of the day - breakfast. 21 Aug 2023
Bos Ice Tea launches limited edition can with rugby icon, Siya Kolisi
Bos, the popular rooibos brand best known for its colourful cans of ice tea, has partnered with South African rugby icon Siya Kolisi, his wife Rachel Kolisi and the Kolisi Foundation, launching Siya Kolisi's Limited Edition Bos can to celebrate all things wonderful about our country. For each Limited Edition can sold, BOS is donating 5% of the turnover to the Kolisi Foundation. 21 Aug 2023
Insights into the challenges facing the alcohol industry post Covid-19
To say the liquor industry in South Africa faced unprecedented challenges during the Covid-19 pandemic would be an understatement. Trusted small liquor businesses closed, or were liquidated due to prolonged restrictions, and even established players scrambled as the government imposed bans. 18 Aug 2023
Source: © 123rf  In South Africa's retail environment, data is still an untapped opportunity, yet it can revolutionise retail
Source: © 123rf 123rf In South Africa's retail environment, data is still an untapped opportunity, yet it can revolutionise retail
In South Africa's retail environment, using the data that has been gathered to its maximum benefit is still an untapped opportunity, yet data has the potential to revolutionise retail. 18 Aug 2023
- TDMC
E-commerce insider: How to identify a true expert marketing partner for your business
The e-commerce playing field moves at a breakneck speedand for businesses with an online shopping division or one that is completely online, keeping up with the ever-changing algorithms and platform developments is a fulltime job. In this cutthroat arena, the right digital marketing strategy and choosing a vetted paid media partner can be the difference between success and countless missed opportunities. 17 Aug 2023
Image supplied. Four habits and behaviours of Gen Z shoppers have influenced the digital transformation of the delivery game
Image supplied. Four habits and behaviours of Gen Z shoppers have influenced the digital transformation of the delivery game
In recent years, the convergence of Gen Zs shopping habits, and the exponential growth of online shopping, has seen the delivery game experience a seismic shift. 17 Aug 2023
H&M Studio's latest collection channels the stark sophistication of film noir heroines
A new mood of dark glamour takes hold with H&M Studio's latest collection. Inspired by fashion's taste for the thrilling simplicity of black coupled with silhouettes that semaphore restraint, the collection channels the stark sophistication of film noir heroines. 17 Aug 2023
Source: Engineering News  Gateway Mall in KwaZulu-Natal. the declining June 2023 real retail sales numbers point to a likely continuation of the recent weakening in the retail property market on a national basis
Source: Engineering News Engineering News Gateway Mall in KwaZulu-Natal. the declining June 2023 real retail sales numbers point to a likely continuation of the recent weakening in the retail property market on a national basis
It is hoped that the slower rate of real decline points in June points to a levelling out in real retail sales, as retail sales for June saw the seventh consecutive real (inflation-adjusted) year-on-year decline, to the tune of -0.9%, following on a revised -1.6% decline in May 2023. 17 Aug 2023
Chef Nti has come up with recipes for its 50th anniversary. Source: Supplied.
Chef Nti has come up with recipes for its 50th anniversary. Source: Supplied.
Nederburg has teamed up with Chef Nti who has come up with exciting new flavour-popping kasi recipes to mark the 50th anniversary of the winery's red blend, Baronne. 16 Aug 2023
Mike Smollan, Chief Growth Officer at Smollan
Mike Smollan, Chief Growth Officer at Smollan
It's been said that without a consumer at the shelf, shopper-marketing becomes like the proverbial tree falling in a forest, with no-one there to hear it - making the case for solid marketing strategies in retail across all levels. Shopper marketing on the one hand that is focused on the buyer, and on the other, trade marketing that is focused on building relationships with those who can help get products in front of shoppers. The latter being a wider marketing discipline that aims to increase demand with supply chain partners. 16 Aug 2023
Source: Reuters.
Source: Reuters.
The rand inched up in early trade on Wednesday, reversing some of the previous day's losses, before the release of retail sales data. 16 Aug 2023
Source:
Since 2007, Eskom tariffs surged 653%-five times that of inflation. Load shedding is set to double in the next five years and franchise businesses must act fast to counter these threats for survival. 16 Aug 2023
Image supplied. CEM Africa 2023 takes place today and tomorrow in Cape Town.
Image supplied. CEM Africa 2023 takes place today and tomorrow in Cape Town.
The customer experience landscape is undergoing a significant transformation in 2023, with Artificial Intelligence (AI) emerging as the central driver of change. 15 Aug 2023
Source: © Swisherpost  Rioters linked to the Cape Town taxi strike were caught on camera looting shops inside the Gugulethu Shopping Mall
Source: © Swisherpost Swisherpost Rioters linked to the Cape Town taxi strike were caught on camera looting shops inside the Gugulethu Shopping Mall
Several shop owners in Cape Town were picking up the pieces at the weekend after looting during the eight-day taxi strike. 15 Aug 2023
Woolworths' eco mannequins in newly launched Wedit stores
Woolworths have invested in eco mannequins that are in the newly launched Wedit stores. 15 Aug 2023
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