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Retail News

Retailers are expected to raise an outcry at Parliament's hearings on the Consumer Protection Bill over a product liability clause that seeks to make them liable for consequential damages suffered as a result of the consumption or use of the products they sell. 7 May 2008
Consumer electronics group Nu-World witnessed an 18.5% decline in headline earnings per share to 161.2 cents in what it described as an extremely difficult six month trading period to the end of February. 7 May 2008
JSE listed UK retail group Tradehold substantially reduced its trading loss of £6.6 million in the year to end February 2007 to £1.7 million in the same period in 2008, the company said on Monday, 5 May 2008. 7 May 2008
The KwaZulu-Natal Gijima development initiative - meant to stimulate economic activity in the province has reported paying out its largest batch of funding for any quarter to date since its inception in 2003. 7 May 2008
Motorists using diesel will now have to do their own mathematics on the amount they have to pay to petrol attendants. This is because some diesel pumps in the country will not be able to handle more than three digits when the cost of fuel increases on Wednesday. 6 May 2008
Inside view of franchising
The International Franchise & Entrepreneurs Expo (IFE) 2008 opens its doors from 8 - 10 May at the Sandton Convention Centre, Gauteng, from 10am to 6pm daily. 6 May 2008
SugarCRM has released version 5.1 of its open source CRM platform, building on functionality it debuted in last year's milestone 5.0 release, which included new development tools, a new Ajax e-mail client, and a new multi-instance on-demand architecture. 6 May 2008
The opening of the multimillion-rand Mdantsane City mall two weeks ago heralded a new era for the township, as it transforms from a dormitory housing development to a self-contained suburb with its own amenities and entertainment facilities. 6 May 2008
Entries for the newly revamped 2008 Diners Club International Winelist of the Year Awards are officially open and all licensed restaurants across South Africa are invited to take part. 6 May 2008
Activia yoghurt sports new format
Activia recently relaunched its range with a new pack format, size, design and an improved taste. 6 May 2008
The Health Portfolio Committee is to hold hearings on amendments to the Tobacco Control Act to further enhance the control of tobacco products and promote healthy lifestyles. 6 May 2008
All role players in the food industry should work together with government to ensure that food prices do not continue to skyrocket. 6 May 2008
South African Breweries, SA's largest brewer, is seeking to springboard off its successful Hansa Marzen Gold launch by keeping an eye out for other brews that can be added to the House of Hansa. 6 May 2008
Motorists and petrol pump attendants will have to use mental arithmetic to calculate how much they owe for fuel when the price goes up on Wednesday as some pumps are not able to handle more than three digits, the SA Petrol Retailers Association (Sapra) said on Monday. 5 May 2008
South Africa and Qatar are to advance South-South co-operation by consolidating bilateral political, economic and trade relations. 5 May 2008
Game into fitness
The active-gaming phenomenon that's been unleashed on the world in the form of Wii Sport and Play, is taken to the next level with the launch of Wii Fit. Now, not only are gamers forced to get up and move their bodies, they are encouraged to have fun at the same time with the genuine intention of getting fit. 5 May 2008
Official figures released two weeks ago showed that consumers were paying an average of 15.3% more for their food in March than a year ago. 5 May 2008
Rising inflation doesn't only put pressure on the Reserve Bank - it also tests short-term insurance cover. Macro factors like inflation and rising import costs on the back of a weaker Rand can drive up replacement values of many household items, from audio equipment to furniture and appliances. 5 May 2008
When New Clicks started rolling out pharmacies in Clicks stores a few years ago, the concept was not roundly met as a brilliant plan. 5 May 2008
Most e-commerce sites are approaching their 10th birthday. The standard approach - with left-hand navigation and search, a product catalogue and product detail, cart and checkout - is a tired format. Just like brick-and-mortar stores, Web stores need refurbishing, and retail is the new darling of Web innovation. After all, what major vertical has more to gain from the recent craze in social networks than retail? 5 May 2008
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