Walmart and Vizio announced they have entered into an agreement for Walmart to acquire Vizio for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3bn. 21 Feb 2024
Tiger Brands has announced the appointment of several new managing directors to head up the company’s six newly organised business units. 21 Feb 2024
Trading in South Africa’s informal markets brings real risks to merchants and their suppliers. 21 Feb 2024
Retail trading in December 2023 far exceeded that for November, suggesting a loss of momentum for Black Friday deals and the re-establishment of December as the prime festive season month among South African consumers. 21 Feb 2024
In my experience in category management, the 1990s stand out in terms of challenging the status quo: the Food Marketing Institute's (FMI) research on product assortment. This wasn't just academic; it struck at the heart of retail strategy. 21 Feb 2024
The Corporate Retail Comparative Report from Trade Intelligence paints a picture of a sector under pressure – but continuing to innovate and invest, as the major retailers compete ever more fiercely for market share. 20 Feb 2024
Whisky connoisseurs across Africa can raise a glass to a new limited-edition release from The Macallan, inspired by the natural beauty of the River Spey that flows through the brand's historic estate. "The Macallan Home Collection, River Spey" celebrates the long-standing connection between the distillery and this vital waterway, capturing its essence in both the whisky itself and the stunning artwork adorning the bottle. 20 Feb 2024
Zando, the South African online fashion e-commerce platform, has announced its partnership with Mobicred, a digital credit provider within the industry. This collaboration aims to enhance the online shopping experience by introducing a seamless digital credit checkout option for customers. 20 Feb 2024
The Global Textiles and Clothing Programme (GTEX) and its related work in the Middle East and North Africa (MENATEX) supports small and medium-sized enterprises. 19 Feb 2024
Nike, the global footwear and sports apparel manufacturer, has confirmed that the company is planning on laying off about 2% of its total workforce. That amounts to more than 1,600 people, based on the 83,700 employees Nike reported in its latest annual report. 19 Feb 2024
Businesses today have access to various technology solutions for personalising customer experiences. While a Customer Relationship Management (CRM) system is fundamental, not all businesses have a centralised way to manage diverse customer data. 19 Feb 2024
Crocs recently reported another record year of earnings with revenue reaching nearly $3.96bn. That’s up 11.5% from $3.55bn a year ago. Net income for the year was $792.6m, up nearly 47% year over year from $540.2m. 19 Feb 2024
Eskort, South Africa’s leading pork manufacturer, has expanded its Gauteng production capacity by 50% with a factory extension officially launched in mid-February. 19 Feb 2024
In the realm of Retail, particularly within fast-moving consumer goods and fast food sectors, maintaining a sustainable profit margin is key for business continuity — meaning that at the best of times, it is crucial to manage costs. 16 Feb 2024
Zando.co.za announces its focus for 2024 under the leadership of newly appointed CEO Morgane Imbert. 16 Feb 2024
Hunter’s Gold, the original premium cider in Africa since 1988 is fast gaining popularity amongst unisex South African consumers and is delighted to showcase its latest campaign: ‘Fosta Until You Taste Real Gold’. 15 Feb 2024
Revolutionary in the 1980s, when ethically sourced, cruelty-free and natural ingredients were still a novelty in the beauty sector, The Body Shop has collapsed into administration in the UK, threatening over 2,000 jobs and about 200 store closures. 15 Feb 2024
Peanut butter, a consumer favourite, is making South African headlines after a product recall was issued recently. 15 Feb 2024
As businesses across the globe work towards making culture and employee wellbeing an integral part of their organisations, the retail industry should consider this when it comes to their retail employees 14 Feb 2024
The latest retail development by the Cavaleros Group, LXX Sandhurst, will cater to both the working professionals seeking a breather and the family looking to spend some quality time together at 70 Rivonia Road Sandhurst. 14 Feb 2024
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