South African consumers are under financial strain and, consequently, the way they shop has changed. And with further economic uncertainty expected in the coming year, we expect this evolution to continue. A few trends emerged during last year's holiday season, which we believe retailers should pay attention to going forward. 4 Mar 2024
Aveeno, a global dermatologist tested skincare brand launches a new range of oat-powered skincare solutions in South Africa on 1 March 2024. Aveeno leverages the properties of oats to nourish and strengthen sensitive skin, an issue that over 70% of South African’s grapple with according to a recent survey. 4 Mar 2024
The South African Breweries (SAB) reported double-digit top-and high-single-digit bottom-line growth with record high full-year volumes for its financial year (FY) 1 January 2023 – 31 December 2023. 4 Mar 2024
Massmart has explicitly dedicated recent customer research to gaining a deeper understanding of consumer perceptions of product affordability in the existing tough economic environment. This has translated into a relentless focus to reduce the prices of specific consumer identified and mandated everyday essentials like maize meal and baby products. 1 Mar 2024
Pick n Pay, on Wednesday, 28 February 2024, filed a court application for the liquidation of the Pick n Pay franchise businesses owned by the Baladakis group, after the franchisees’ continued accumulation of overdue debt, which has reached R224m. Pick n Pay expects the liquidation application to be heard in the Johannesburg High Court around 12 March 2024. 29 Feb 2024
The Spar Group has announced a series of initiatives aimed at curbing the environmental impact of plastic packaging materials. This commitment aligns with the Group’s dedication to phasing out harmful plastics and will contribute significantly to the reduction of non-recycled multi-layered materials in the ocean and landfills. 29 Feb 2024
South African fashion retailers are ramping up local production and using alternative sea ports and air freight to mitigate the impact of congestion at traditional ports that has caused massive delays in stock deliveries, executives told Reuters. 29 Feb 2024
South Africa's champion beer brand, Carling Black Label is embarking on a hero’s journey to affirm its status as the "World's Most Awarded Beer," sparked by a tweet from @Sipho_Says. Responding to Sipho's query about Carling Black Label's accolades as Africa’s most awarded beer and whether or not it is also the most awarded in the world, the brand has initiated a fact-finding mission, sending Sipho Muchindu on an expedition to unveil the truth. 28 Feb 2024
Heineken beer, which has the same design in 190 countries worldwide, will break with tradition unveiling a bold new design for its new returnable bottle in South Africa, a change not made anywhere else in the world. The 650ml returnable bottle, dubbed the “Star Bottle” features the brand’s iconic star on its body with the Heineken name deep etched directly into the glass. 28 Feb 2024
Woolworths Holdings Limited (WHL) delivered a resilient result, notwithstanding the challenging macro environment and a high prior-year base. 28 Feb 2024
When you think of luxury fashion, sustainability is not necessarily the first thing that comes to mind. In fact, many are aware of the rumours that brands like Louis Vuitton would burn the previous season's items. But, with 73% of the materials used globally to produce clothing being landfilled or burned at the end of their life, while less than 1% of old items go on to be used to make new garments, now is the time to consider how to reconcile the luxury fashion industry with sustainability as climate change becomes an ever-growing threat. 28 Feb 2024
Cracker Zac’s in Rosebank roared with laughter and excitement during the exclusive launch of the Savanna & Showmax Laugh Africa Comedy Festival on 15 February 2024. 27 Feb 2024
Babies R Us has delivered 400 mom care bags to the Rahima Moosa Mother and Child Hospital in Johannesburg to mark Pregnancy Awareness Month. 27 Feb 2024
South Africa retailer, Game, is known for colouring outside the lines when it comes to its marketing campaigns and activations. As part of its 2024 Leap Day campaign, the retailer is sending an iconic South African staple, Koo Baked Beans, to space - one giant leap for essential products. 27 Feb 2024
As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are hundreds of thousands, if not more, transactions a day. 27 Feb 2024
South Africa's retail industry has navigated many challenges in recent years, grappling with the prolonged economic effects of the pandemic, coupled with inflation, unemployment, and successive interest rate hikes. Despite these obstacles, online shopping and mobile commerce sub-sectors have demonstrated resilience and continued growth. 26 Feb 2024
Eleven brands in the Tiger Brands portfolio received top places across 19 categories in the recent Ask Afrika Icon Brands 2024 survey, with consumers voting them some of South Africa’s most loved and trusted. Seven of these brands were named Icon Brands. 26 Feb 2024
Woolworths is recalling Peanut Butter Dairy Ice Cream with immediate effect. Only the peanut butter ice cream is being recalled. All other Woolworths products containing peanut butter, including the range of Peanut Butter, remains 100% safe for consumption. 26 Feb 2024
As a retailer grows, so too does its payment reconciliation requirements. What may have been simpler before is a massive task today, with many middle-market retailers needing between two and three weeks to get a view of where they were at the end of the previous month. This lag effectively slows a business down in its efforts to find issues, correct them and reset its course. 26 Feb 2024
In a move that redefines the essence of self-expression, Reebok has announced its ‘Create What Makes You’ collection, available in South Africa from 26 February 2024. The collection features reimagined branding that pays homage to two iconic eras of Reebok, weaving the heritage of the past with the innovation of the future. 26 Feb 2024
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