 4 Oct 2010 |
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Putting it into perspectiveThe R30 billion that is Wal-Mart's offer for South Africa's Massmart is an amount that would have any SA politician drooling, but in the scheme of things, it's only a tiny proportion of Wal-Mart's total value.
All of which is pretty much neither here nor there... What could be of importance to the SA consumer, however, is the fact that the US giant has a record of competitiveness and if it institutes the same policy here we could see SA retail giants facing some stiff competition - and that is likely to get the SA consumer's nod of approval, given the frequent complaints about the high prices of food and other commodities. And, meanwhile, Cosatu seems to be drawing a line in the sand. Could be interesting. Rod Baker, General Manager: Content Please send retail news to: [[retailnews@bizcommunity.com]] Responses to this column welcomed in our new online editor's column archive. Top stories
RetailNew entrepreneurs' competitionThe 2010 Accenture Enablis Business Launchpad Competition will look for business plans in 11 vertical markets, culminating in the selection of a winning plan in each sector. The competition will provide a platform for entrepreneurs to gain expert insight and advice to drive their small businesses toward a sustainable growth path. Read more >>Advertisement:
 Banking & FinanceInvestor optimism 'high' in insurance sector [Sure Kamhunga] In a quarterly survey, Ernst & Young said confidence had fallen from 91 index points in the previous quarter to 83, but sentiment was still strong compared to a year ago. Read more >>Continued recovery in consumer credit Gabriel Davel, CEO of the National Credit Regulator (NCR), said that NCR statistics indicate a continued recovery in consumer credit for the quarter ended June 2010. Read more >>Brand newsThe Laughing Cow introduces Belcube in 125g The Laughing Cow has re-introduced the 125g packs of Belcube in plain and fresh (containing a mix of plain, tomato and ham flavoured) variants. Read more >>Get a Russian Bear rush this summer You should be able to get into the party mood this summer with the new RUSH Energy by Russian Bear. The spirit cooler will be on shelf countrywide in time for official party season and will be available in a convenient six-pack. Read more >>Heita! Telkom Mobile gets a name [Duncan McLeod: @mcleodd] Heita! That's the name of Telkom's new mobile business, or at least the part of it that's going to focus on the mass consumer market. After a bit of sleuthing, TechCentral has ascertained that the traditionally fixed-line operator is set to launch consumer mobile services under the "Heita!" branding on Thursday, 14 October 2010. Read more >>New MCC from FranschhoekThe first MCC from Allée Bleue Estate, its Allée Bleue Brut Rosé 2009 has just been released. It consists of Chenin Blanc (53%) and Pinotage (47%) made in the Méthode Cap Classique tradition and was blended by only using the first pressing (Cuvée). With an alcohol of 12,5% and a total acidity of 6,1 gm/l, it will pair well with fresh salmon and herb cream cheese, sushi platters, tempura prawns, Norwegian salmon and tuna nigiri. It retails from the cellar at R87.50.Jameson launches triple-distilled, small batch whiskey Jameson has launched Jameson Select Reserve, a small batch release hand selected by the Jameson masters, tasting of toasted wood, spice and vanilla with creamy nuances and touches of exotic fruit. Read more >>A host of awards for Trident PressTrident Press has won two Gold medals, three Silver and a Bronze at this year's Sappi Africa Printer of the Year Awards. But it's not those of which the company is most proud ... Read more >>New wine from Nitida Nitida Coronata Integration 2009 is a new Sauvignon Blanc and Semillon blend from Nitida wine farm. Read more >>Famous Brands acquires artisan bakery Famous Brands has acquired a 51% controlling interest in Vovo Telo artisan bakery and cafe, a young business comprising three outlets - two in Port Elizabeth and one in Johannesburg. Read more >>Red square, blue square - Edgars changes branding for new launch To celebrate the first new Chanel men's fragrance in 11 years, Bleu de Chanel, some of the Red Square stores have transformed the red entrance frames to a vibrant blue hue and changed the familiar red square in the logo to a neon blue cube. The stores are Sandton, Fourways, Cresta and Eastgate. Read more >>Clothing & TextilesBuy catwalk fashion at South African Fashion Week South African Fashion Week (SAFW) taking place at Sandton City (8-12 October 2010) is offering the public its first opportunity to purchase fashion from the show at the local designer showcase, where leading South African designers including Amanda Laird-Cherrie, Colleen Eitzen, Two, Loxion Kulca, Ephymol and many more, will be providing consumers with a chance to purchase directly from them. Read more >>Commercial propertyNew name on Riebeek Street Capetonians are going to come across a new name on the city's Riebeek Street this month in the form of Deneys Reitz House. The property was previously known as the Southern Life Centre. Read more >>New tenant for Lanseria Corporate EstateThe 90-hectare Lanseria Corporate Estate, situated next to Lanseria International Airport in one of Johannesburg's high-growth nodes, announced this week that its first land transfers have taken place, including Freeworld Coatings taking ownership of approximately 18 000m² of land to develop offices and a dedicated trade/design centre. Read more >>Retail property offers best recovery potential According to Johan Engelbrecht, director, retail management for JHI property services group, property analysts agree that the retail sector offers the best recovery potential and will be leading the economic recovery as shoppers - further encouraged by the additional reduction in the interest rate - slowly but surely return to the malls. Read more >>Corporate Social InvestmentDisadvantaged chess players sponsoredKing Pie will sponsor 200 developmental school players participating in the upcoming South African Chess Open, 27 September to 3 October 2010, at the Pretoria West campus, Tshwane University of Technology. Read more >>UNODC, Chrysalis Academy to work with at-risk youth The United Nations Office on Drugs and Crime (UNODC) will be supporting a series of workshops for "youth at risk" at the Chrysalis Academy in Tokai, Cape Town. Read more >>DistributionKaspersky recognises southern African distributor A Kaspersky EEMEA Retail Award was presented to Phoenix Software SA for the roll-out, execution and growth of the brand within Incredible Connection. The distributor was recognised for its work in developing creative marketing for Kaspersky Lab solutions and in promoting products across the Southern African region. Read more >>e-Commerceebook reader from kalahari.net kalahari.net, one of the country's leading ebook retailers, has released a proprietary ebook reader application in a drive to make ebooks widely available to South Africans. The free software reader can be used on PCs and Macs. Read more >>Exhibitions & EventsBuyers snatch up rare Cape Winemakers Guild Auction wines Excellent value for money, great diversity and a record number of white wines, was the hallmark of the 26th Nedbank Cape Winemakers Guild auction held in the Stellenbosch winelands over the weekend of 2-3 October 2010. While the overall turnover was down on the record highs of 2009, well established brands continued to fetch exceptionally good prices. Read more >>Edible gardens big hit at GFWS For the first time New Product Awards were introduced as well as an edible garden experience, where South Africans were shown how to grow their own vegetables at the annual Spring Good Food and Wine Show at the Coca-Cola Dome. It was a key element at this year's show in educating people about their own gardens. Read more >>E tourism conference comes to Cape Town The third annual E Tourism Africa Summit will be held at the Cape Town International Convention Centre on 25-26 October 2010 for the first time. The two-day online tourism conference and travel technology exhibition is being sponsored by South African Tourism. Read more >>Products Award launched at The Good Food & Wine Show The Spring Good Food & Wine Show, held last weekend at the Coca-Cola Dome, Johannesburg, from 23 to 26 September, featured Products Awards for the first time, the idea being to showcase and recognise innovation in the lifestyle industry and to allow consumers not only to sample their products, but also to review them. Read more >>Entries flood in for 2010 Sunday Times Food Awards A record number of entries were received this year for the Sunday Times Food Awards in association with Foodcorp, with over 48 entries for Chef of the Year, 32 for Young Chef and 11 teams from various chef schools around the country entered into the Chef School Challenge. Read more >>FranchisingTaste Holdings extends franchises through acquisition Taste Holdings has acquired all 40 St. Elmo's pizza franchises with effect from 1 November 2010 and the ownership of the brand's Cape Town based sauce and spice manufacturing facility, which will add substantially to its vertical integration strategy within the food division. Read more >>Green sustainabilityAdvertising industry sees new green bloodTop agencies MediaCom South Africa and TBWA\South Africa have appointed Ian Manning and Derek Bouwer as CEOs respectively, and Gavin Heron, ex TBWA\Hunt\Lascaris\Johannesburg group MD, has started a green venture. Read more >>Nokia is coming up daisies Nokia will have recycling points at the environmentally friendly music festivals, Rocking the Daisies (8-10 October 2010) and Rocking the Gardens(9-10 October) in Darling and Emmarentia respectively. Read more >>SESSA appoints solar champion The solar water heating division of the Sustainable Energy Society of Southern Africa (SESSA) has appointed Irvan Damon as an ambassador to champion and educate Southern Africa about renewable energy and its effective role in addressing climate change. He will play an instrumental role in realising the division's vision to provide one square metre of installed capacity per person by the year 2020. Read more >>HospitalityTourism Month: 'lesser known' provinces cry foul over marketing budgets [Issa Sikiti da Silva] South Africa's 'lesser known' provinces are facing the tough challenge of marketing themselves efficiently as attractive tourist destinations because of inadequate marketing budgets, while the well-funded big three - Gauteng, Kwazulu-Natal and Western Cape - are basking in financial and touristic glory. This emerged at the media expedition undertaken over the long weekend in Limpopo for the commemoration of the 2010 World Tourism Day celebrations. Read more >>Imvelo Awards finalists announced The finalists in the 2010 Imvelo Responsible Tourism Awards programme, organised by the Federated Hospitality Association of Southern Africa (FEDHASA) in conjunction with the National Department of Tourism, have been announced. Read more >>Total World Cup foreign arrivals predictions on track June 2010 foreign arrival numbers from Statistics South Africa, released yesterday, 27 September 2010, indicate that predictions by Grant Thornton of 274 100 total overseas tourist arrivals for the FIFA World Cup event are on track. Read more >>Import/ExportStrategic partnerships and prospects between Poland and SA Wits Business School hosted the Polish Embassy recently and the First Secretary of Trade and Investment for Poland, Slawomir Sonarski's talk focused on fostering strategic partnerships between Poland and the South African economy. Read more >>PackagingThe Pentawards 2010 winners The international panel of judges of the Pentawards, the world's leading competition dedicated exclusively to Packaging Design, chaired by Gerard Caron, has announced its winners for 2010. Read more >>New Dutch printing press for Labelpak Labelpak has made a decision to purchase the MPS Printing Press, a 9-colour, 16-inch UV flexographic press that is capable of producing labels in record time by making use of innovative servo drive technology, due to customer demand. Read more >>New food labelling legislation brings challenges Marketers and manufactures have less than six months to comply with the new regulations of labelling and advertising of foodstuffs under the Foodstuffs, Cosmetics and Disinfectants Act of 1972, which will come into effect on 1 March 2011. Read more >>RegulatoryKeep on track for CPA complianceThe Association for Communication and Advertising (ACA) has issued a statement advising advertising and communications agencies not to delay their preparations for ensuring compliance with the new regulations under the Consumer Protection Act (CPA), despite the deferral by the DTI of the general implementation date to 1 April 2011. Read more >>Halaal certification withdrawn from Parmalat According to South African National Halaal Authority (SANHA), it will no longer certify Parmalat yoghurts and these will no longer carry the SANHA approval logo as the brand has now introduced a gelatine stabilizer derived from non-Halaal slaughtered animals. Read more >>Competition in SA telecoms market: ISPA welcomes ICASA focus The Internet Service Providers' Association of South Africa (ISPA) has welcomed the recent focus that ICASA has placed on finalising regulations that will spur competition in the country's telecommunications market. Read more >>Retail marketingShopping festival to put Joburg on the map The City of Johannesburg's Department of Economic Development, together with the Mayoral Council are planning to transform Joburg into a world class shopping destination, specifically targeting its SADC neighbours and West, Central and East Africans. Few people are aware that South Africa attracts more than 500 000 African visitors per month, many of whom come here to shop and be entertained. Read more >>Kezi Communications bags SA Tourism After pitching against Meropa, Magna Carta and Hello World, Kezi Communications has emerged triumphant and will take over the South African Tourism (SAT) global and local account from FD Beachhead on Friday, 1 October 2010. This includes including managing 14 international public relations agencies. Read more >>Pity we can't have comparative advertising [Bonnie Ramaila] It's a pity our advertising authority does not allow comparative advertising. I'm telling you, if this were a free advertising society, there would be murder on the dance floor. Not only would the big FMCG and corporate giants be competing and bragging, but also the little ones, too. Read more >>RetailersA big deal that's also small fry [Thekiso Anthony Lefifi] R30 billion offer for Massmart but a drop in Wal-Mart's mighty ocean. Read more >>Cosatu: We will fight against 'Walmartisation' [Zeenat Moorad] The Congress of South African Trade Unions (Cosatu) on Thursday, 30 September 2010, said it was deeply concerned at the bid by the world's biggest retailer, Wal-Mart, to take over South Africa's Massmart (MSM). Read more >>SecurityHomeowners warned on threats to homesCheck your policy - and your claim for too many children won't wash, writes Brendan Peacock. Read more >>Technology2010 AfricaCom Awards shortlist announced LONDON: The shortlist for this year's AfricaCom Awards has been announced. The awards is part of the AfricaCom Conference and Exhibition to be hosted from 10-11 November 2010, at the Cape Town International Convention Centre in South Africa. Read more >>Nashua goes for gold Nashua says it will be able to offer its customers better expertise, with expanded and improved solutions and competencies, having recently achieving Microsoft Gold Partner certification. Read more >>RIM unveils 'PlayBook' tablet computerSAN FRANCISCO: BlackBerry maker Research in Motion unveiled a touchscreen tablet computer called "PlayBook" aimed at business users. Read more >>Mobile connectivity could end rural poverty, health, education woes The recently published report The Impact of Mobile Connectivity on the Millennium Development Goals (MDG) in Africa, shows that quality and availability of health and education services improved due to access to mobile connectivity. It also shows increased benefits were identified for small businesses by reducing transportation costs and supporting micro business preconditions such as price and market information being accessible. Read more >>
Youth market ready to use mobiles as wallets PARIS, FRANCE: Consumers confirm strong interest in using their mobile phone as wallet according to a recent market poll sponsored by Alcatel-Lucent. These findings were uncovered as part of a youth market study exploring the appeal of a mobile wallet service. Read more >>More International news...
Brand newsWin Fantastic Prizes every month with Sasko Bakeries - Sasko Bakeries Win great prices every month with Sasko Bakeries. For more details see ETV, SABC 1, 2, 3 & DSTV. See the in-store leaflet for more details. Read more >>South African Duracell campaign announced as finalist in the International Platinum PR Awards - Fore Good InvestmentsFore Good Group, exclusive distributors for Duracell in South Africa has announced that Duracell South Africa, The Power to Break World Records campaign has been named a finalist in PR News' Platinum PR Awards program in the Branding category. Read more >>DistributionOn the Dot distributes Shoppers Friend - On the DotOn the Dot is distributing the newly launched Shopper's Friend to households in Gauteng every week. Read more >>Exhibitions & EventsThe Wedding Expo ups its game and the numbers once more - The Wedding Expo Unprecedented queues at the Coca-Cola dome in Northgate for The Wedding Expo during the weekend of 4 and 5 September resulted in increased visitor numbers for the bridal show. Read more >>FranchisingTiger Wheel & Tyre SANBS blood drive - Tiger Wheel & TyreThe South African National Blood Service (SANBS) and Tiger Wheel & Tyre have formed a partnership to build up blood stocks in October with a special campaign message to "Join the October Blood Drive and Save a Life". Read more >>Retail servicesZap 'em online - online pest control for SA - Rentokil Online pest control has arrived in South Africa. PestNetOnline V3 software - which took two years to develop and has been successfully applied by Rentokil in the United Kingdom since 2008 - has recently been introduced to the South African market. Read more >>SHL Launches iPQ(TM) - SHL South AfricaMarket-leading behavioural assessment now accessible via iPhone making it easier for candidates to use. Read more >>
  More Starcom flexes its couture muscle at Continental fashion show   More International hair care sensation launches in SA   More Behind-the-scenes - Foto na Dans   More
ATR and Comair open flight training centre Turboprop manufacturer ATR recently announced the opening of its first training centre in Africa in partnership with Comair. The centre will be in Johannesburg and will be operational in April, 2011. Read more >>More Travel news...
The Beach Boys in SA! Iconic 1960s' surf-sound band The Beach Boys will be touring South Africa later this year, playing at ICC Durban on 4 December, GrandWest Casino, Cape Town on 6 and 7 December, and Sun City Superbowl on 10 and 11 December, 2010. Read more >>"And the devil hates fat kids" - Apollo Artist Agency launch [Ruth Cooper] Muso power players Brendan Sterley and the Fourie brothers: Dawid, Henk and Janneman have combined forces to bring you the Apollo Artists Agency. If their launch was anything to go by at Mercury last Thursday, it seems like these guys are onto a good thing. Read more >>Die Antwoord signs with Rhythm for new album Self-proclaimed white trash rappers Die Antwoord have signed with Bellville-based indie record label Rhythm Records for the release of their debut album $O$ album. The band will be playing a one-off show at The Bassline, Joburg, on 2 October, 2010 before continuing their tour abroad. Read more >>More BizLounge news...
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