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Retail News

- Takealot Fulfilment Solutions
New store, pick, pack and deliver warehouse in Cape Town
Looking for outsourced e-commerce logistics fulfilment in Cape Town? M24 Logistics, a division of Media24 with experts in the warehousing and distribution of products for B2B and B2C merchants serving the African market, has opened a new state-of-the-art warehouse in Montague Gardens. 8 Feb 2024
Kay Raidoo appointed Country Road Group's new country manager for SA
On 1 February 2024, Country Road Group (CRG) welcomed Kay Raidoo as the country manager for South Africa. The brands that will fall under her stable include Country Road, Witchery, and Trenery. 8 Feb 2024
Wine exports experienced an increase of R342m
In the huge landscape of global economy, the wine industry emerges as a prominent player, not only for its cultural and gastronomic value but also for its significant economic impact on multiple countries. 8 Feb 2024
Consumer spending pressures could ease in second half say analysts
South African retailers across apparel, electronics and home improvement are bracing for another challenging year but analysts believe consumer spending pressures should ease from the second half of the year when interest rates start to come down. 7 Feb 2024
Fashion and textiles loses lustre, while groceries grow steadily
South Africa’s retail figures for November, including the Black Friday period were released recently by StatsSA. These insights may be a sneak preview into the state of December’s retail. 7 Feb 2024
Retail tech: what to expect in 2024
With technology constantly on the move, the retail industry has no choice but to adapt to keep pace and up to speed with the broader changing face of consumer expectations. In 2023, this included advancements in AI, AR, contactless payments, data analytics, and omni-channel integration and the convenience of shopping from anywhere, at any time. 7 Feb 2024
- Jockey South Africa
Jockey South Africa Introduces Innovative Sustainable Ranges: ‘U-Pouch’ and ‘For Me’
In a decisive step towards sustainability and innovation, Jockey South Africa proudly unveils two ground-breaking campaigns poised to redefine comfort and sustainability in the underwear industry. 6 Feb 2024
Proudly SA encourages MPs and guests to wear local at #Sona2024
Proudly SA has joined forces with some of Mzansi’s top fashion designers to promote the significance of supporting the local Retail – Clothing, Textile, Footwear, and Leather (R-CTFL) sector through #Sona2024. 6 Feb 2024
Pret A Manger is coming to SA
Fresh food and coffee chain, Pret A Manger, is coming to South Africa. With a massive global footprint, Pret is famous for its freshly prepared food and organic coffee. 6 Feb 2024
Authenticity as an essential and powerful sales tool
There is no doubt that building trust, establishing credibility and strengthening relationships with customers is vital for anyone selling a product or service. This is especially relevant when it comes to digital transformation and selling solutions to help companies meet their business objectives. 6 Feb 2024
#BizTrends2024: Navigating the evolving retailing landscape in SSA
Africa is undergoing rapid transformation, shaped by distinct socio-economic dynamics across its regions. The shift in the retail landscape reflects the expansion of local operators like Naivas in Kenya, and the influx of international players like Amazon in South Africa. 6 Feb 2024
Shoprite partners with Pasta & Me to launch affordable family meal under R20
As the cost-of-living crisis intensifies, Shoprite has partnered with a small local supplier, Pasta & Me, to create a meal that can feed a family of four for R20. 5 Feb 2024
Pick n Pay recalls 3 peanut butter brands
Pick n Pay announced on Saturday, 3 February 2024, that it was recalling No Name Smooth Peanut Butter, Eden Smooth Peanut Butter and Eden Crunch Peanut Butter over possible health risks. 5 Feb 2024
6 e-commerce trends to watch out for in Africa in 2024
As the year begins, Africa’s online retailers are ready to hit the ground running in a sector poised for rapid growth. While many African e-commerce markets are in their early stages, demographic trends show they are ripe for expansion. 5 Feb 2024
- Ninety9cents
Embrace the timeless sweetness of love with Lindor this Valentine’s Day
In a world filled with fleeting gestures, Lindt beckons you to embrace the timeless sweetness of love. This Valentine’s Day, transcend the ordinary with creative and captivating ways to surprise your loved ones. Instead of traditional gifting options, Lindor offers a unique experience that goes beyond the confines of its 'gift boxes'. 2 Feb 2024
Fasa concerned with legal franchise disputes despite franchising thriving in SA
Although franchising is a proven business model, contributing 15% to South Africa’s GDP through its over 700 franchise systems and around 68,000 franchisees, two recent court cases involving well-known franchise brands Romans Pizza and Cash Crusaders have put the spotlight on difficulties that can arise in the business and legal relationships that exist between franchisor and franchisee. 2 Feb 2024
Amazon's entry into SA: Is it a gamechanger for the local retail market?
In October 2023, Amazon confirmed their entry into the South African retail market, with the launch of Amazon.co.za planned for early 2024 (the exact dates are not yet known). This announcement prompted our investigation into the potential impact Amazon will have on the local retail market, specifically the listed retailers. 2 Feb 2024
Retailers turn to BNPL to drive sales amid declining growth
South African retailers are turning to interest-free alternative credit options as consumers seek safer and more cost-efficient ways to fund key purchases. This comes amid tough economic conditions and a constrained spending environment. 2 Feb 2024
Euromonitor unveils 5 global digital consumer trends for 2024
Global market research company Euromonitor International has released the Top Five Digital Consumer Trends in 2024 report. 1 Feb 2024
Retail is in the midst of the biggest technology paradigm shift
While the environment for South African consumers will likely improve gradually over the course of the second half of 2024 off the back of better-than-expected inflation figures and an easing of global price pressures, consumer spend will likely remain constrained. This reality means retailers will need to stay ahead of competition to compete for valuable customer spend. 1 Feb 2024
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