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Retail News

- NielsenIQ
A convergence of retail and e-commerce ideas at a must-attend event
The future of e-eommerce has never looked so bright, and tapping into the South African brains' trust around this topic is key. In light of this, GfK - an NIQ Company is participating as a Silver Sponsor at the three-day Converge Africa Event set to take place from 22 to 24 April 2024 in Cape Town. 25 Mar 2024
Pick n Pay Clothing partners with Sari for Change
Pick n Pay Clothing has partnered with Sari for Change, a foundation dedicated to empowering unemployed women and promoting sustainability by upcycling gently worn saris into stunning new one-of-a-kind dresses. 25 Mar 2024
Is your favourite online marketplace giving you the best user-friendly experience?
More than half of South Africa’s 60 million people now use e-commerce channels for purchases. And, if one considers research that shows 47% of offline shoppers will move online within a year, it becomes clear that this number will swell exponentially in the short to medium-term. 25 Mar 2024
Hostex 2024 shatters 10-year visitor attendance record
Hostex, the popular showcase for the food, drink and hospitality industry, has marked a triumphant return after two years, breaking attendance records and cementing its legacy as Africa’s food, drink and hospitality expo. 25 Mar 2024
99% of consumers have changed their FMCG shopping habits to save money
According to NIQ, 44% of South African consumers feel they are in a worse financial position this year compared to a year ago. Of those respondents, 82% say that increased costs of living are to blame for their recent financial struggles, up from 76% a year ago. Nearly two-thirds (62%) state they are worse off due to the economic slowdown, up from 57% a year ago. 22 Mar 2024
Latest Maps data reveals key insights into consumer media habits
The Marketing Research Foundation (MRF) has announced the release of the latest Maps (Marketing All Product Survey) data, now accessible to its subscribers and their designated agencies. Spanning October 2022 to September 2023, this dataset offers invaluable insights into consumer media habits and product consumption patterns. 22 Mar 2024
- Heineken Beverages
'Esprit x You': The freshest combo of fashion and flavour
Stand to win a shopping spree and celebrity styling worth R10,000 20 Mar 2024
Pick n Pay rewards customers for recycling
Pick n Pay is taking another stride towards environmental sustainability by introducing 10 more Reverse Vending Machines (RVMs) in stores across Gauteng, Eastern, and Western Cape, which will soon be integrated with its Smart Shopper programme to reward customers with points for recycling. 20 Mar 2024
Africa’s consumer market set to hit 1.7bn users by 2030
Africa has one of the world’s fastest-growing consumer markets, projected to boast 1.7 billion consumers by 2030. The number of ‘ultra-high net worth’ individuals in Africa with assets exceeding $30m is expected to grow by almost 50% this year, making way for ample retail opportunities. Consumer and business spending in Africa should reach around $6.6tn by 2030, fuelled by population growth and urbanisation. 20 Mar 2024
Jumbo and Cash & Carry stores introduce Econo Maize Meal
Recognising the vital role of maize meal as a staple in South African households, Jumbo and Cash & Carry stores have introduced Econo Maize Meal, a private label maize meal, to alleviate the pressure faced by consumers amidst soaring food prices. 20 Mar 2024
Zitcha partners with Leroy Merlin to launch retail media network in SA
Retail media platform Zitcha is partnering with Leroy Merlin, a global home improvement and gardening retailer to launch a full digital retail media network across South Africa. 20 Mar 2024
1 in 4 consumers buy secondhand goods to help environment
According to Jorge Zuniga, senior sustainability insights consultant at Euromonitor International, the rising cost of living and consumers’ commitment to a more sustainable lifestyle has meant there is now no shame in buying secondhand items or repairing broken goods to extend their life 20 Mar 2024
As retailers embrace generative AI, lack of data strategy presents challenges
A new report from Salesforce and the Retail AI Council finds global retailers are quickly adopting generative AI to personalise and improve in-store and online shopping experiences. 19 Mar 2024
Call for designers to help shape a sustainable future
Decorex Africa is inviting South African designers to become part of the solution in a world overwhelmed by the need for sustainable designs. Falling under this year’s theme of Designing For Impact, the Decorex Africa team is urging local talents to come up with a recycling bin that is not only functional, but also a visually appealing piece of art that homeowners are proud to display. The most inspiring responses will be exhibited at this year’s shows in Cape Town and Johannesburg. 19 Mar 2024
Cake Canteen - born out of ‘collaboration over competition’
In 2012, entrepreneur Jandri van Zyl saw a gap in the bakery market, a significant segment of the food industry, encompassing various products such as bread, cakes, pastries, and more, and decided to open a commercial bakery and The Velvet Cake Co was born. 19 Mar 2024
The power and potential of franchise expos
Franchising in South Africa has evolved into an ideal avenue for both entrepreneurs seeking investment opportunities and financing institutions seeking viable ventures. In a climate where traditional employment avenues are limited, the allure of entrepreneurship through franchising is powerful. 19 Mar 2024
- Ask Afrika
Challenging to achieve Ask Afrika Icon Brands status in the FMCG industry
In the complex South African FMCG landscape, achieving Ask Afrika Icon Brands™ status is no small feat. These brands have a tough battle to attract and retain consumers' attention, conquer places in hearts and wallets, and build a loyal consumer community. 18 Mar 2024
Spar steps up battle for affluent and discount shoppers
South Africa's second-biggest supermarket retailer, Spar Group, plans to open premium and discount grocery stores while also entering new niche retail markets, its chief executive said on Thursday, 14 March 2024. 18 Mar 2024
Clicks opens its first omnichannel warehouse
Clicks has announced the opening of its first in-house e-commerce fulfilment facility in Montague Gardens, Cape Town. This marks a significant milestone in the company's commitment to delivering unparalleled service excellence to customers nationwide. 18 Mar 2024
Toys R Us teams up with Comic Con to present KidsCon
Toys R Us is teaming up Comic Con for the most anticipated pop culture event in April. Headlining KidsCon this year is to bring all kids and kidults a five-day extravaganza including an unparalleled shopping experience. 18 Mar 2024
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