Although the volume of Black Friday and Cyber Monday sales increased over the sales period, data from Ecentric Payment Systems shows that the value of transactions and the timing of purchases made indicate that consumers are carefully shopping around while also spending less. 12 Dec 2023
Consumers are now actively considering the environment alongside their individual health when buying food, according to Tetra Pak’s Index 2023. These environmentally conscious consumers labelled ‘Climatarians’ are willing to alter their eating habits to protect the planet. 11 Dec 2023
In an informal online shopping survey conducted by PayPal among South African’ residents, 74.5% of respondents indicated that their reason for shopping from international online stores, is to obtain unique products that are unavailable in South Africa. 11 Dec 2023
Award winning illustrator Megan Bird who describes herself as a “maker of things, a raiser of children, and a great high five giver” launches her limited edition KFC bucket for KFC’s Add Hope. 11 Dec 2023
M24 Logistics, which enables e-commerce growth for various top retailers in South Africa, pushed out record volumes during Black Friday 2023. Their warehouse facilities in Olifantsfontein, Tshwane and Eastport Logistics Park, Johannesburg, are geared for e-commerce fine picking and packing. The team handled the notable increase of 9% picked Black Friday volumes versus the same period last year with ease. 8 Dec 2023
South Africa's fourth-quarter consumer confidence fell to the lowest in two decades for the festive season, according to a survey released on Thursday, 7 December 2023, as the country struggles with higher interest rates and a cost-of-living crisis. 8 Dec 2023
AbaQulusi Plaza, formerly Vryheid Plaza, has reopened its doors after an 18-month redevelopment programme. 8 Dec 2023
Black Friday sales data has revealed the growing adoption of Buy Now Pay Later (BNPL) payment options as South African consumers seek cost-effective alternatives to traditional credit. 8 Dec 2023
Leading up to the holiday season, South Africans are preparing to ditch the work shackles and enjoy a well deserved break. For some, this will include travel, entertaining, and purchasing of gifts. This increased expenditure creates a spike in retail sales which is significant, and of late has been a lifeline for retailers. 8 Dec 2023
Puma has announced that it has scaled up its textile recycling innovation, Re:Fibre, replacing recycled polyester with Re:Fibre technology in all Puma football club and federation replica jerseys from 2024 onwards. 8 Dec 2023
Unwrap the magic of thoughtful and affordable presents. 8 Dec 2023
As per the Edge Global Insights Report 2023 - overall, the retail industry this year has navigated the lingering effects of the pandemic, embraced digital transformation, addressed sustainability concerns, and tackled supply chain challenges. 7 Dec 2023
Payment solution offerings are advancing at a rate of knots, especially with the integration of technologies like AI, biometrics, and voice payments. No longer is it an option for small-scale businesses to offer their wares online without the ability for consumers to pay for their goods via a web-based portal. 7 Dec 2023
The vintage sports aesthetic is trending and who better to lead the charge than Starter, a brand that has been kitting out sports players and fans since the 70s. 6 Dec 2023
Sorbet, in collaboration with the dermatological skincare protection brand Heliocare, recently launched their new campaign 'Don't skip the sunscreen'. The launch took place in Sandton at the Maracana venue. Attendees included media representatives, content curators and Heliocare top consumers who embraced the event theme's orange and white colors in their stylish attire. 6 Dec 2023
Sports enthusiasts, party animals, and those who are run down and looking for a boost should get ready to sweat the good stuff with the new low calorie, natural electrolyte infused hydration drink now on shelves from Pura Beverages. 6 Dec 2023
The opening of Kauai’s 200th South African store at Cape Town's V&A Waterfront is a significant milestone on its 28-year journey as a trailblazer in the QSR industry. 6 Dec 2023
TFG, speciality fashion and lifestyle retailer, launched the completed first phase of its new Riverfields omni-enabled distribution centre. With a significant 75,000m2 capacity, this facility will revolutionise TFG's fulfilment costs, operating capacity and omni-channel capabilities. 6 Dec 2023
Judge Vahed's judgment on the Tongaat Hulett application to suspend the miller’s payment obligations arising out of the Sugar Industry Agreement, vindicates the South African Sugar Association (SASA) position that the Sugar Industry Agreement creates statutory, not contractual, obligations which are not overridden by the business rescue process under the Companies Act. 5 Dec 2023
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