Coleus Packaging, the metal crown manufacturer in South Africa, is on track to benefit from its deal with Greek company Astir Vitogiannis through the investment in a new PMC 500 crown manufacturing machine. 23 Feb 2024
In a landscape of rapid change and evolving consumer habits, the MENA region stands at the forefront of retail transformation. 23 Feb 2024
The board of Pick n Pay has unanimously approved a capital raise to stabilise the Group’s balance sheet, strengthen liquidity, unlock shareholder value and set a platform for long-term sustainable growth. 23 Feb 2024
Greetings, fellow champions of the bean! Gather 'round and listen closely as I spill the beans on why good coffee isn't just a beverage but a lifeline in the tumultuous seas of business. 23 Feb 2024
H&M South Africa marks the one-year anniversary of its collaboration with fashion e-commerce retailer, Superbalist. This partnership, initiated on 22 February 2023, has merged H&M's fashion with Superbalist's online experience, bringing fashion closer to the fingertips of online shoppers across the country. 21 Feb 2024
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
Tekkie Town, as part of its commitment to grassroots rugby development, has donated 30 development kits to grassroots rugby teams affiliated with the Boland Top 12 Rugby Tournament. The Boland Top 12 Rugby Tournament is a platform for emerging regional players to showcase their talent and dedication to rugby excellence and was part of Tekkie Town sponsorship for their 2023 tournament. 16 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
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