 24 May 2010 |
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Bail-outs and shoot-outs
Back on home turf, 2010 FIFA World Cup mascot, Zakumi, is said to have some competition... by way of Bongani, the Rainbow Nation Doll. Although not created just for World Cup purposes, Nelson Mandela Bay 'resident' Bongani has clearly got soccer fever and even comes with his own vuvuzela. But is he merely a fan or a real player? And so the question stands: who would win in a penalty shoot-out, Bongani or Zakumi? Shan Radcliffe, Retail editor Please send retail news to: retailnews@bizcommunity.com Responses to this column welcomed in our new online editor's column archive. Image courtesy of FreeDigitalPhotos.net and Salvatore Vuono Top stories
RetailPick n Pay to bailout Zim retailer [Dumisani Ndlela] Meikles Ltd CEO Brendan Beaumont has confirmed negotiations with South Africa's Pick n Pay over Zimbabwe's TM Supermarkets, saying the supermarket chain requires US$21 million, or R167 million at the ruling exchange rate, in fresh capital. Read more >>Advertisement:
 SA scores seven spots in Global Food Award finals Seven South African food products have made it through to the finals of the 2010 International Union of Food Science and Technology (IUFoST) Global Food Industry Awards. The awards, held for the first time in 2008, take place every two years and recognise exceptional products. Read more >>Best wines for 2010 The 2010 Old Mutual Trophy Wine Show announced its winners on Monday 17 May 2010; awarding Eagles' Nest Shiraz 2008 as the Best Red Wine overall and Flagstone Word of Mouth 2008 as the Best White Wine overall, while Tokara celebrated the 10th anniversary of its first bottling by winning the Fairbairn Capital Trophy for the Most Successful Producer. Read more >>SA does well at Decanter Wine Awards The Decanter Award results, announced Tuesday, 18 May 2010, at the London International Wine fair saw South Africa gain nine trophies, 15 gold, 62 silver, and over 170 bronze medals. Read more >>Retail trade sales improve in MarchRetail trade sales for March 2010 grew by 1% compared to March 2009, Statistics South Africa (Stats SA) said on Wednesday, 19 May 2010. Read more >>Banking & FinanceSouth Africa remains an A3- credit risk[Natasha Hardy] International credit insurer Coface has kept South Africa's rating unchanged at A3 negative watch, making it one of a handful of countries that have maintained their credit risk rating throughout the financial crisis. Read more >>Brand newsCommercial propertyRetrofitting buildings for green savingsNew building projects offer the ideal opportunity to 'go green'; however owners of existing buildings may not be aware of the cost and energy savings that can be gained by doing away with wasteful operating practices. Read more >>Corporate Social InvestmentEast Rand Mall launches Balela CSI project East Rand Mall launched its new social responsibility initiative, Balela (to shine) yesterday 20 May 2010. The mall will choose one organisation each year and support that beneficiary in every way it can, so it is appealing to the local community to come forward with proposals. Read more >>CRMFacing customer attrition head-on [Goran Dragosavac] The business challenge of customer attrition needs to be addressed as an organisational issue and not only as a boardroom issue. The use of technology can aid in the retention of key customers. Read more >>e-Commercemimoney signs up new online retailersStandard Bank's mimoney has signed up three more online retailers - Take2, Simplicity.co.za and Luxury4Less. Launched in December 2009, its retail partners include Kalahari.net, Ster-Kinekor, eXactMobile, Mr Delivery, MXit, wireless, incredibytes, eDreams, mitime, eXactMusic and NetFlorist. Read more >>ExhibitionsHealth & SafetyNestle SA announces voluntary recall of coffeeNestle South Africa on Thursday, 20 May 2010, announced the voluntary recall of its Alta Rica, Cap Colombie and Espresso soluble coffee range. Read more >>Import/ExportFever ruling rocks SA wool industry [Guy Rogers] As Rift Valley Fever (RVF) spreads further into the Eastern Cape, the National Wool Growers' Association - based in Port Elizabeth, the country's wool sales capital - is fighting a high-level battle to steady its R800-million-a-year export industry. Read more >>Trade restrictions placed on Namibian commoditiesThe veterinary import permits for venison, beef, mutton and goat meat not slaughtered at South African approved abattoirs have been cancelled following the outbreak of Rift Valley Fever (RVF) in Namibia. Read more >>Informal retailingManufacturingR140m dairy plant for EL[Patrick Cull] A R140-million dairy agro-processing plant at the East London industrial development zone (IDZ) is set to resurrect the dairy industry in the Eastern Cape and create more than 200 employment opportunities. Read more >>RegulatoryGoogle digitises 'orphan' books Since the 'Google Books Initiative' inception in 2002, 12 million books have been scanned, with an estimated eight million of those still protected by copyright. It intends to make these books available to readers as a downloadable PDF. The main issues of concern to parties opposing the project, is whether it should be able to gain an 'unfair' advantage by taking control of books that are referred to as 'orphan works', a term applied to works which are still protected by copyright, but where the copyright holder cannot be located. Read more >>ResearchHot brands from heat readers heat magazine has just released the results of its online poll of the favourite brands of its predominantly affluent female fans (aged 16-30), with its first ever heat 5 Star Awards 2010. Read more >>International consumer study comes to SAThe Consumer Connection Study (CCS), first launched in the UK in the late 90s by Carat parent company Aegis, has now been launched by its local media agency, Carat South Africa. Described as a 'consumer, lifestyle and product survey', it is reportedly widely regarded as one of the most in-depth single source of media, marketing and consumer-targeting data in the world. Read more >>South Africa gets more competitiveThe Switzerland-based Institute of Management Development (IMD) has produced the World Competitiveness Yearbook (WCY) 2010, published by with information provided through South Africa's Productivity SA, an organisation tasked with improving productivity in the country . Recognised internationally as one of the leading surveys of competitiveness between nations, the WCY ranking is an annual report on the competitiveness of selected countries. Read more >>Consumers use media to plan shopping - Roots surveyAdvertising's role is alive and well and, based on Roots 2010 the recently launched urban retail and readership survey, is fulfilling its set objectives. This is according to John Bowles, the joint MD of NAB (the Newspaper Advertising Bureau). The research revealed that the majority of decision makers or buyers use the media available to them to plan their shopping. Read more >>Retail marketingRetail servicesJSE lists sorghum derivatives contractThe Johannesburg Stock Exchange (JSE) on Wednesday, 19 May 2010, listed a sweet sorghum derivative contract complementing the exchange's existing range of agricultural derivatives. Read more >>RetailersWoolworths, Netcare dump pharmacy plan [Michael Bleby] Woolworths and private hospital group Netcare on Friday, 21 May 2010, pulled the plug on a three-year project to test the demand for upmarket retail pharmacy outlets. Read more >>Pick n Pay appoints new CFO-designate, Retail finance director Chief finance controller Bakar Jakoet has been appointed as Pick n Pay's CFO-designate to take over from Dennis Cope when he retires at the end of April 2011, the retailer said today, 19 May 2010. It was also announced that current company secretary Gary Lea has been appointed retail finance director on the Pick n Pay Retail Management Board. Read more >>Fresher Food Store launches in Kimberley Fresh produce retailer, Fruit & Veg City opened the doors to its new 1600m2 Fresher Food Store at Diamond Pavilion Mall in Kimberley last week, 13 May 2010. Read more >>Security2010: No ticket touting The implementation of a new regulation approved by the Minister of Trade and Industry makes it unlawful for any entity or person to sell or otherwise dispose of 2010 FIFA World Cup tickets for commercial purposes, as such is an unfair business practice. Read more >>Shipping & TransportSupply chainTechnology
Brand newsSensäational Shootouts with Häagen-Dazs - General Mills The Häagen-Dazs limited edition Sensäational Shootouts menu allows you to enjoy the premium taste of Häagen-Dazs with either a Choca-Moca Milkshake or the Chocolate Caramel Sensation. Read more >>Häagen-Dazs, bringing you something new - General Mills Häagen-Dazs Shops have introduced new flavours to "tantalise your soul" - Chocolate Pralines and Caramel, Pomegranate White Peach and Orange Blossom Sorbet and Mango and Apricot Smoothie. Read more >>Braun hairdryer voluntary product recall - Fore Good Investments As a precautionary measure, Braun in Kronberg, Germany, has announced a voluntary recall for Braun Satin Pro and Braun Satin Hair Colour Hairdryers produced between April 2007 and November 2008. None of the other Braun hairdryers and Hair Care appliances is affected, so consumers can continue to use them with confidence. Read more >>Häagen-Dazs Tiffany & Company Mystery Shopper Award for Outstanding best Customer Experience - General MillsAlkara 93, owner of the Häagen-Dazs™ Shops in South Africa, is the proud recipient of the 2009 Häagen-Dazs Tiffany & Company Mystery Shopper Award for Outstanding Best Customer Experience, showing marked improvement since the previous year. Read more >>ExhibitionsAfter the show was over... The Baby Expo brought MamaMagic to life for Gauteng - The Baby Expo - MamaMagic This year The Baby Expo celebrating MamaMagic, was an even bigger success than the past five years. The exhibition stands were sold out and 30% exhibitors were new. Visitors left the show not only armed with their bargain purchases, but also thrilled with the experience of being able to meet and chat with leading baby experts. Read more >>
South Korea's Lotte.com online mall uses SAS to gain customer insight RETAILSAS customer intelligence product helps online shopping mall to analyse Web traffic and customer data to improve service.
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A painful Best Man's Speech RETAIL [Seagram Pearce] Louw Venter came to the theatrical stage of On Broadway to perform his comedy show, The Best Man's Speech. Having read through the synopsis prior to heading over to the show, I was sure I was going to be in for what promised to be an evening of laughs. Rapper Akon in one-off Cape Town show RETAIL As a part of an international tour, which includes Turkey, Hungary and the Middle East, the international rapper, Akon, will be appearing in a one-off concert at GrandWest Casino in Cape Town on Saturday, 5 June, 2010, backed by his full band. Wayne Brady's instant improvisation RETAIL [Jordan Scott] You've seen him on Whose Line Is It Anyway and you've seen him as Barney's gay brother in How I Met Your Mother. Now see him live at the Grand Arena, GrandWest Casino, Cape Town, as you have never and will never see him again. Prince of Persia transcends the sands of time RETAIL [Zeenat Ebrahim] After experiencing a surge of romantic comedies and drama on the big screen it was a pleasure to be entertained by a medieval tale that will undoubtedly transcend the sands of time. Their stage, our screen RETAIL [Patricia Pieterse] The Habit of Art was my first experience with Ster-Kinekor's live theatre, and I would definitely go again. The idea is very clever - it dispenses quality theatre, at a movie ticket price, to an audience that would not have seen this sort of thing without travel.
"Excellence is not a skill. It is an attitude." - Ralph Marston "The toughest thing about success is that you've got to keep on being a success." - Irving Berlin "A business has to be involving, it has to be fun, and it has to exercise your creative instincts." - Richard Branson "If opportunity doesn't knock, build a door." - Milton Berle "Put your heart, mind, intellect and soul even to your smallest acts. This is the secret of success." - Swami Sivananda Print - Print any item in this newsletter.
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