 6 Dec 2010 |
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Hey, trend-setter...Are you a thought-leader in your field? Of course you are, so if you reckon you have some pretty good ideas on trends in 2011 in your particular sector, why not submit them to us for consideration to publish. Send your submissions to contributors-retail@bizcommunity.com and clearly head the message Retail Trends 2011.
On the retail front, it appears that things are on the move with regard to Wal-Mart and Massmart as well as Pick n Pay and Franklins, and recent reports indicate that while the e-commerce market in south Africa is still small, it is growing... and growing. What is also interesting to see is that technology in the medical field, in the form of mobile phones, will not only help in getting medical care and advice to a far wider market, but the developing world, in the opinion of Jon Rubenstein, famed for playing an instrumental role in developing the iPod. So, the developing world may well lead the way. 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
RetailBanking & FinanceConsumer credit performance improves Credit bureaus create consumer credit profiles based on credit information received from credit providers, courts and utility service providers. The National Credit Regulator regulates and monitors registered credit bureaus and the quality of their data. Read more >>Bringing banking to the unbanked [Allan Dickson] The South African banking market is somewhat of a paradox, being vastly ahead in some aspects and lagging in others. From a technology point of view, especially in terms of electronic banking, the local environment is highly sophisticated - a fact acknowledged by many international organisations. Read more >>Brand newsSABMiller names new president of Colombia ops Global brewing giant SABMiller today, Monday 6 December 2010, announced that Richard Rushton, the current President of its Central American operations, has been appointed as President of Bavaria SA in Colombia. Read more >>Wal-Mart's R16.5 billion bid for SA's Massmart official [Zeenat Moorad] Global retail stalwart Wal-Mart has made its intentions official, it has made a R16.5 billion cash offer to acquire 51% of South African wholesaler Massmart at R148 per Massmart share. Read more >>ACCC agrees to speed up hearing of Franklins sale Retailer Pick n Pay on Monday, 27 November, said it welcomed the decision by the Australian competition regulator, the Australian Competition and Consumer Commission (ACCC), to agree to an expedited hearing of the proposed sale of Franklins to Metcash. Read more >>Clothing & TextilesCommercial propertyUK commercial property market recovery presents investment opportunities The continued recovery of the UK commercial property market, coupled with the strengthening of the rand relative to pounds sterling, has presented South African investors with a unique opportunity to invest in the UK while capitalising on the recovery cycle. Read more >>Lephalale sees industrial property growth According to Assis Pontes, area principal for Pam Golding Properties (PGP), Lephalale (Ellisras), some 138km north of Thabazimbi, is generally considered the fastest growing node in Africa. A new 309-hectare industrial park strategically positioned in an industrial corridor situated between the new Medupi and existing Matimba Power Stations and near Grootgeluk coalmine in Lephalale is being marketed by PGP's Ellisras office. Read more >>Corporate Social InvestmentCRMTop brand-killer quotes of 2010 [Chris Moerdyk: @chrismoerdyk] Every year, someone somewhere makes a real gaffe when talking about or defending their brands. Quite often, these are people at the coal face - that all-important marketing touch-point where the consumer comes into contact with the product. Read more >>e-CommerceDreaming of an e-Christmas [Zeenat Moorad] The biggest online spending day in history was recorded on Monday when web sales in the US reached US$1.028 billion. The day was Cyber Monday, when e-tailers offer sizzling Christmas deals online following the Thanksgiving holiday weekend and Black Friday. Read more >>Wine drinkers moving to web sales According to research released by SaleWine.co.za, an online wine retailer, 93% of South African wine drinkers believe they are paying too much for top estate wines at supermarkets and liquor stores; are intimidated by enormous selection of wines on supermarket shelves and 71.4% refuse to queue at retailers, because it is a waste of time in a time-poor society. The company recently polled close on 1000 South African wine drinkers to find out what drives them online. Read more >>Exhibitions & EventsChina sourcing fair offers intercontinental tradeThe first in a series of six China Sourcing Fairs in South Africa was held last week, 1-3 December 2010, at Gallagher Estate, Midrand. Hosted by Global Sources, a leading Asian business-to-business media company and a primary greater China trade facilitator, the expo specifically targets South African and African volume importers, volume buyers, distributors, traders and retailers who are either looking to, or already, import products from Asia in volume. Read more >>The 2010 EXSA Annual Awards The Exhibition and Event Association of Southern Africa (EXSA) hosted their annual awards dinner on Thursday, 18 November 2010 at the Emperor's Palace. With this year marking their 30th anniversary, EXSA introduced their "Hall of Fame". Read more >>Diners Club awards for 2010 On Saturday 27 November 2010, the 30th Diners Club Winemaker of the Year and the 10th Young Winemaker of the Year were announced at a gala dinner. Read more >>FranchisingGreen sustainabilityHospitalityTerroir Restaurant earns place in 2011 Eat Out awardsThe 2010 Eat Out Top 10 Awards ceremony held in Cape Town on Sunday 28 November 2010 saw the Terroir Restaurant earn 6th place with the publication of the 2011 Eat Out Magazine. Sharing top 10 place with Stellenbosch eateries, Jordan, Overture and Rust en Vrede, Michael Broughton, chef, was generous in his praise for his fellow Winelands' winners. Read more >>Informal retailingManufacturingManufacturing gains momentum: BER[Evan Pickworth] The Bureau for Economic Research's (BER) fourth quarter (Q4) manufacturing survey reveals that confidence in the sector increased by 11 index points to 41 in the fourth quarter of the year. Read more >>Researchbrandhouse survey: Fear of arrest deters DUI According to the recently released brandhouse Drive Dry Responsible Drinking online survey, conducted on News24.com, the fear of arrest deters the majority of South African motorists from driving under the influence. Read more >>November FNB House Price Index released The FNB House Price Index for November 2010 has just been released and shows house-price inflation has declined slightly - possibly being helped by renewed interest in housing following the recent rate cuts. Read more >>Rising FNB/BER Building Confidence Index in 4Q2010 Building contractors continued to face difficult conditions during 4Q2010. However, the increase in the FNB/BER Building Confidence Index signals early stirrings in parts of the building industry, with a possible broader recovery in building activity from later in 2011 onwards. Read more >>South Africa's top malls - ROOTS 2010 Survey ROOTS 2010, NAB and Caxton/CTP's urban retail and readership survey, has shown urban South Africa's top malls, measuring the destination choice of almost 5.5 million shopping decision-makers in SA's main towns and cities. Read more >>Retail marketingIn store promotions prove successful In October and November 2010, Kiri Cheese launched an in-store campaign aimed at demonstrating its versatility and introducing the full range of the brand to consumers. Read more >>Non-FIFA firms biggest advertisers [Chantelle Benjamin] The biggest spenders on advertising in SA leading up to and including the World Cup were companies that did not have links with FIFA, according to research by Nielsen. Read more >>Retail trends in 2011Are you a thought-leader within the retail arena and would you like to forecast possible trends in 2011 for the industry? If so, send your RETAIL TRENDS 2011 to contributors-retail@bizcommunity.com. These pieces will be assessed and those accepted will be published in early 2011 as part of the Biz 2011 Trends initiative here on www.www.bizcommunity.com. Please clearly head your submissions RETAIL TRENDS 2011.Retail servicesNew mobile electricity payments improve service The Powertime service, which enables customers of Eskom and all major municipalities in South Africa to buy prepaid electricity tokens from their phones or computers, has added a new 2.0.1 iOS application and a new version of its award-winning website service. The application is available for all iPad, iPhone and iPod Touch users from Apple iTunes App Store. Read more >>RetailersTide turns for furniture retailers[Zeenat Moorad] During the recession, furniture and appliance retailers were hard-pressed due to debt collection difficulties and a marked drop in sales of durable goods and big-ticket items, but in the words of David Sussman, executive chairman of JD Group, "the tide has turned." Read more >>Signs point to better Christmas tradingEven though there are signs that overall economic recovery in many countries abroad, and in South Africa, will be slower then expected, the country seems poised for a much improved retail Christmas period as consumers have more disposable income due to factors such as rate cuts. Read more >>SecurityCredit card fraud hits tollgates [Kemantha Govender] South Africans have been warned to be cautious when stopping at tollgates during the festive season, after it emerged that credit card skimming is prevalent at these points. Read more >>TechnologyBest of both worlds in Google searches According to ClickMaven, a specialist search marketing company whose goal is to help customers to find new business online, there are two distinct options for driving traffic to your website. Read more >>TrainingFirst call for student design competition PG Bison has released the brief for the 2011 PG Bison 1.618 Student Competition, adding an open category competition and partnership with the Joburg Art Fair. Read more >>
Hermes family sets up holding companyPARIS, FRANCE: The founding family of France's Hermes luxury fashion group said Sunday, 5 December 2010, they had set up a holding company with more than 50% of the group's capita in a bid to fight off a takeover bid from LVMH. Read more >>CMO of Siemens Business Communications to headline CMO summit PALO ALTO, US: Given today's global and interdependent market, CMOs with extensive multi-national, frontline field experience are ideally positioned to be credible, valued pivot players and go-to resources in the executive suite. Read more >>ADC 90th Annual Awards: Interactive Category expanded NEW YORK, US: The Art Directors Club has expanded the Interactive category for the ADC 90th Annual Awards programs. New sub-categories have been established in Mobile, Social Networks, Online Content and Games to recognise the latest digital technologies and media approaches. Read more >>The latest threat to the Internet? SOUTHAMPTON, UK: Tim Berners-Lee, the man to thank for inventing the worldwide web, has spoken out about social networks and the danger they pose to internet usage. He reckons social networks are a 'threat to the web'. Read more >>One Show Interactive announces decade's top ten digital works NEW YORK, US: The One Club will honour the best in digital advertising with the Digital Decade: a celebration of the most influential and ground-breaking interactive advertising over the past 10 years. The One Club gathered a group of One Show Interactive Judges from the past decade to compile their top 10 digital works of the last 10 years. Read more >>Logistics sector 2030: Africa and Asia to reshuffle the cards? LONDON, UK: The dynamic economic development of emerging markets will fundamentally change world trade by 2030, leading to the emergence of new logistics service providers to challenge the market share of established companies. Read more >>More International news...
FranchisingTiger Wheel & Tyre and Michelin ready for the festive rush - Tiger Wheel & TyreTiger Wheel & Tyre and Michelin are gearing up for the holiday rush and together are offering various specials as road users prepare for their holidays. Read more >>LogisticsTrucking Wellness helps logistics industry fight HIV/Aids - IMPERIAL LogisticsThis World Aids Day, IMPERIAL Logistics is proud to have been a founding partner of the Trucking Wellness programme, a Sida/National Bargaining Council for the Road Freight Industry project that is managed by the Corridor Empowerment Project. Read more >>
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Record high for new car sales [Henrie Geyser: motoring editor] November new-car sales in South Africa were 29,6% up on the corresponding month in 2009 - and it was also the month in which the most cars were sold this year. Read more >>More Motoring news...
Comair adds additional flight on Durban/Cape Town route Comair Limited, operator of British Airways in South Africa and kulula.com, has announced an additional British Airways return flight on the popular Durban/Cape Town/Durban route. Read more >>The Cape's graceful Cape Grace [Brian Berkman: contributing editor, travel] When the Brand family built The Cape Grace Hotel at the V&A Waterfront, 12 years ago, they demonstrated what home-from-home hospitality meant. Aside from the comfort they offered here and at sister properties, The Mount Grace in the Magaliesberg and The Grace in Rosebank, Johannesburg, their differentiating factor was their people. To borrow from another hotel group's axiom - ladies and gentlemen serving ladies and gentlemen. Read more >>More Travel news...
A sci-fi sweetheart [Anna-Bet Bester] South African film is at a very interesting crossroads right now. It seems the Apartheid Atrocity well has been tapped dry for the time being, and in the wake of a bazillion dusty eager-to-please bushveld ballads we now find a new generation of South African film makers cutting their teeth on highly conceptual pieces and coming out on top despite numerous challenges, of which funding is the most obvious. Read more >>Spreading the Panik [Ruth Cooper] BizLounge managed to sit the mysterious Jax Panik down for an interview a couple of weeks ago. With the recently released "I Am Jax Panik" album and monumentally increasing fan base, bordering on a cult following, we were keen to gain a little more insight into the Jax Panik movement. Jax Panik, kitted out in his signature mask, was surprisingly candid, chatting about the Jax Panik evolution, germ phobias, and world-domination plans, amongst much more. Read more >>MK Awards 2011 nominations announced Thirteen MK Awards categories and 61 nominees were announced live on Studio1 on MK, Channel 324 on DStv at 20h00 yesterday. Read more >>Kings of Leon SA tour dates [Ruth Cooper] I was chatting with a friend the other day about the rather lame live acts to be heading SA's way, ahem: Beach Boys, Vanilla Ice, MC Hammer, all rather faded stars and has-beens, and we were saying how great it would be if Kings of Leon would pay a visit. Well it seems like our prayers have been answered and raspy Kings of Leon will be hitting our shores in March next year. Read more >>More BizLounge news...
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