 13 Dec 2010 |
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What a year...!I don't know about you, but for us here at Bizcommunity.com, 2010 has rushed by, and from a retail point of view, it appears that it is ending on something of a higher note than we might have expected.
Thanks to rate cuts by the Reserve Bank and a number of other factors, consumers are flusher than we could have hoped for, and that is good news for the retail trade - not to mention the banks, as consumers splash out. Here's hoping that reason prevails and the festive fun doesn't end up as financial fury a few months down the line. This is our last newsletter for 2010, our first in 2011 being scheduled for 10 January, so all that remains is to wish you all the very best festive season, and best wishes for an even better 2011 - and thank you for your support during 2010. Believe me, we do appreciate it. 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
RetailPredicting a merry season for toy marketRedgwoods, owner of Reggie's, Toys R Us and Baby and Company, expects booming business this festive season as evidenced by October sales which kick-started the final quarter of the year with record sales. Read more >>Rebranding: a few legal considerations [Reggie Dlamini] At some point during the lifecycle of most businesses there will come a time when it is considered appropriate to change the corporate image of the business or its flagship brands. This happens for various reasons. Read more >>Rising global commodities not a threat to SA CPI[Andries Mahlangu] South African food inflation is likely to remain muted for the rest of 2011 despite a surge in international prices of most agricultural commodities, according to analysts on Wednesday, 8 December 2010. Read more >>Oct wholesale trade sales +0.4%Wholesale trade sales at constant (2000) prices for October grew 0.4% year-on-year (y/y) from a revised +5.1% (+5.5%) in September, Statistics South Africa data showed today, Wednesday 8 December 2010. Read more >>Pioneer proposes offer to KWV boardPioneer Foods announced late last week that it has submitted to KWV Holdings board a firm expression of interest which may lead to an offer being made to acquire the entire issued share capital of the wine and spirits company. Read more >>Banking & FinanceCapitec ups stakes in online bankingCapitec Bank, the country's youngest retail bank, launched an enhanced, online platform as an alternative source of information and assistance to clients on 11 November 2010. "Since its launch, visits to the site have more than doubled compared to those of the previous site over the same period, with just over 250 000 visitors logged. We've already processed almost 7000 interactions and enquiries via the new site, all in less than a month," says Carl Fischer, executive: marketing and corporate affairs at Capitec Bank. Read more >>Brand newsThe Banker names Standard Bank best in Africa The Banker, a global banking and finance industry journal, has named Standard Bank 2010's Best Bank in Africa and best bank in South Africa, Lesotho, Malawi, Uganda and Zimbabwe. Read more >>Clothing & TextilesCommercial propertyCommercial property outlook hopeful in sub-Saharan Africa According to Leonard Michau, African Liaison at Broll, there are influences in sub-Saharan Africa's economies that will positively influence commercial property. These include benefits from rapidly developing telecommunications, mineral extraction and the energy sector and the rise of urban centres, with a fast growing consumer class. Read more >>Woodstock development offers work, live, playUpper Eastside, a joint venture between Swish Property Group and Redefine Property Holdings, is a prime mixed-use scheme located in the heart of one of Cape Town's fastest developing suburbs, Woodstock. The development's retail section has restaurants, cafes, a bar, an art gallery and clothing and interior stores. Read more >>Corporate Social InvestmentCRMDistributionReebok plans new lines for South Africa in 2011 Following global brand strategy, Reebok (South Africa) has invested heavily in TV campaigns to support the multi-year collaboration deal between Giorgio Armani and Reebok. Following the extension of the Reebok licensing and distribution agreement in South Africa, the plan for 2011 is to further extend the product categories by introducing EasyTone and ZigTech apparel in February. Read more >>e-CommerceNew online honeymoon gift registry There are several online gift registries in South Africa for weddings - mostly for kitchen utensils and appliances. But why not create a registry for something that they really want? A honeymoon. itheetravel is the newly launched online honeymoon registry service, which allows couples to choose their honeymoon online from various packages and destinations from travel agents. Read more >>Exhibitions & EventsVisit a brewery in action The Castle Lager Brewmaster's Walk, a public view of brewing, was officially opened at Gauteng's Alrode Brewery on 2 December 2010. Built in 1965, the brewery produces 1,9 million litres of beer per day and is reportedly the largest brewery in the Southern Hemisphere. Read more >>FranchisingWoolworths Franchise Assoc concerned about buyoutsThe Woolworths Franchise Association (WFA) wants the Competition Commission to make Woolworths seek the commission's permission every time it acquires a franchise shop as part of its plans to buyout franchisees, Business Report said today, Friday 10 December 2010. Read more >>Green sustainabilityDeriving real benefit from sustainability strategiesA global research project, commissioned by KPMG International and previewed this week at the United Nations Climate Change Conference (COP16) in Cancun, Mexico, revealed that 6 out of 10 businesses derive real benefits from adopting sustainability strategies. It also indicated widespread reports of reduced costs, more efficiency and new market opportunities. Read more >>HospitalityThe only thing missing in Rosebank is common sense! [Michael Said] Arriving at the new and almost completed Rosebank hub recently, situated between the Zone and the area that once housed Tijuana 220 and Baccarat, I discovered the place had changed quite dramatically since my days of body shots, Corona Beer and Gypsy Kings. You see back in the day, you could almost count the restaurants within 3km of us on one hand. There was Tijuana 220, Baccarat, Late Nite Al's, Moosehead, Bourbon Street and few others; today you would need a Cray Supercomputer to count the eateries, add up the setup costs, calculate the square meters, the seats, the wage bill, the rental bills and most importantly the turnovers required in order to pay for all of this. Read more >>Import/ExportSA needs new markets for agricultural products[Andries Mahlangu] Ernst Janovsky, Head of Absa AgriBusiness, has urged South Africa to explore new markets for agricultural exports as the competition slowly gathers momentum in its traditional African market. Read more >>RegulatoryNCR releases industry codes of conductThe National Credit Regulator's (NCR) task team on debt counselling, established in October 2009, has now concluded its work and made a number of recommendations to the NCR, which have been accepted. On 6 December 2010, it released the industry codes of conduct. The ultimate aim of the codes is to implement a range of voluntary measures that complement the provisions of the NCA in respect of the statutory Debt Review Process to ensure that as many as possible debt review cases are resolved. Read more >>ResearchTop 10 articles on Bizcommunity Retail 2010From recession to recovery and the new Consumer Protection Act, 3D TVs to new pay TV broadcasters, to the world descending on our doorstep, South Africa has been through a lot this year. To give one last nod to these events and others that have taken your interest, we've compiled a list of www.bizcommunity.com's most read articles... Read more >>New survey indicates 60% car ownership in GautengA new survey amongst formal households in Gauteng shows that 60% have one or more cars in the household. This is according to the Newspaper Advertising Bureau (NAB) and Caxton / CTP's urban retail and readership survey, Roots 2010. Read more >>Retail marketingWebstore allows stockists to personalise marketing material Johannesburg-based prepress and print specialist business, Remata, has been contracted by the South African operation of Dermalogica to provide an online, branded webstore service for the company's 550 stockists. Read more >>RetailersMore Engen 1 Stops, more jobs Just in time for the holiday season, two new Engen 1 Stops opened their doors in the Richards Bay area on Thursday, 9 December 2010, located on the N2 National highway - one on either side of the road - each with similar offerings for commuters. Read more >>Massmart sells Zim stores to OK Zimbabwe [Dumisani Ndlela] South Africa's Massmart, a sitting duck for a US$2 billion takeover bid by US retailer Wal-Mart Store Inc., has sold its Zimbabwe unit to retail group, OK Zimbabwe. The deal ends months of speculation over Massmart's planned disposal of Makro Zimbabwe and the identity of the buyer. Read more >>African allure set to entice global investors[Zeenat Moorad] Africa's consumer spending is forecast to rise to US$1.4 trillion by 2020, according to a report titled 'Lions on the move: The progress and potential of African economies' by management consultancy firm McKinsey & Company. Read more >>ACCC commences legal proceedings Pick n Pay confirmed that the Australian Competition and Consumer Commission (ACCC) on Wednesday, 8 December 2010, commenced legal proceedings in the Federal Court to prevent the proposed sale of Franklins by Pick n Pay to Metcash Trading. Read more >>Retail trade industry income at R486.93bn in 2009South Africa's retail trade industry generated R486,937 billion in total income last year, Statistics South Africa (Stats SA) reported in its latest survey on Tuesday, 7 December 2010. Read more >>Supply chainRural-urban food price gap narrows but still high[Hopewell Radebe] Rural consumers are still paying substantially more for basic foodstuffs than their urban counterparts, the National Agricultural Marketing Council says. Read more >>Technology
Verdicts expected in massive Parmalat fraud caseMILAN, ITALY: One of Europe's biggest ever fraud scandals returned to the spotlight on Thursday, 9 December 2010, as an Italian court met to hand down verdicts on former managers of the Parmalat food conglomerate. Read more >>Eurobest 2010 winners announced HAMBURG: The winners in the Eurobest 2010 Awards were announced on Wednesday night, 8 December 2010 at the Curio-Haus in Hamburg, Germany. The Interactive Agency of the Year went to DDB Stockholm while Ogilvy France was presented with Agency of the Year. Network of the Year was awarded to DDB. Read more >>Nestle invests US$100m in new IndonesiaJAKARTA, INDONESIA: Nestle, the world's biggest food and beverage company, said on Wednesday, 8 December 2010, it had invested US$100 million in a new factory in Indonesia to meet growing demand in Southeast Asia's biggest economy. Read more >>PepsiCo steps into Russian drinks marketMOSCOW, RUSSIA: PepsiCo agreed to buy one of Russia's top drinks companies on Thursday, 2 December 2010, in a deal that would make the US food giant a dominant force in the Russian market and extend its reach deep into former Soviet lands. Read more >>World Magazine Trends 2010-2011 report published LONDON, UK: Although the worst effects of the financial crisis seem to be behind us, the recovery for the magazine industry is expected to be slow, according to new data recently released from FIPP from the annual world magazine trends report. Read more >>November sees fall in UK consumer confidence LONDON, UK: The GfK NOP Consumer Confidence Index decreased by two points this month to -21. November saw decreases for confidence in their personal financial situation over the next 12 months, confidence in the "general economy" over the last 12 months, confidence in the "general economy" over the next 12 months and the 'major purchase index'. Confidence in their personal financial situation over the last 12 months stayed the same in November at -13. Read more >>Decline in Christmas greetings on the cards for 2010 LONDON, UK: They are lining the shelves and should soon be lining our mantle pieces, but latest research from Mintel reveals there may be a little less writing this year, as sales of Christmas cards are declining. Over the past four years, there has been a dramatic decrease in the number of Brits buying Christmas cards as while in 2006 as many as 84% of us sent a Christmas card, this has dropped to just 73% in 2009. Read more >>More International news...
Clothing & TextilesCaptivity Headwear awarded distribution rights for Southern Africa - Captive Brands New Era Cap Company, the International headwear and apparel brand, has announced the appointment of South African-based, Captivity Headwear, as the official distributors of the world's largest headwear company into the southern African region. Read more >>Corporate Social InvestmentVital Run, a runaway success - Vital Health Foods The first Vital Run, hosted by Vital Health Foods in association with Run/Walk For Life WP Athletic Club, took place on Saturday, 4 December 2010, at Lourensford Estate. With some 3500 enthusiastic finishers, and many more participants, the event was fun-filled, family-orientated and all in aid of a good cause. Read more >>Clover contributes to save the rhino - Clover The rhino has made headlines this year due to the awareness of how this beautiful species is being slaughtered to extinction. Clover SA, one of South Africa's largest dairy organisations, extended their "We Care" initiative by donating R20 000 towards saving the rhinos. Read more >>FranchisingTiger Wheel & Tyre leads the way in 2010 - Tiger Wheel & Tyre Tiger Wheel & Tyre can once again lay claim to being South Africa's favourite place to purchase tyres according to various surveys conducted throughout 2010. Read more >>Tiger Wheel & Tyre's got wheels and tyres for you - Tiger Wheel & Tyre The festive season is here and Tiger Wheel & Tyre has launched a new ad campaign in support of its season specials. Read more >>
  More StreetSmart SA raises R100 000 for new beneficiary   More BOSS Black introduces its 2011 Spring/Summer collection   More Die Heuwels Fantasties album launch   More
Honda throws down the hybrid glove [Henrie Geyser: motoring editor] To win a tough title fight is never easy, particularly if you are a relative newcomer and you are completely different from the other contenders - which are just some of the challenges facing the Honda CR-Z hybrid now that it has shouldered its way into the finals for the coveted South African Car of the Year title. Read more >>Pretty Peugeot: posers' perfect party piece [Henrie Geyser: motoring editor] There are many ways of ruffling your partner's hair (and we won't go into the more naughty details here) but the French way, a la its new Peugeot 308 CC, is destined to put an equally happy grin on your face. Read more >>Safety tips for holiday trips [Henrie Geyser: motoring editor] The festive season is around the corner when thousands of motorists across South Africa set off on long road trips to their holiday destinations - so now is the right time to make sure that you and your vehicle are adequately prepared to keep your family safe. Read more >>More Motoring news...
Bonga's Beats - 12 albums you should get this December [Bonga Percy Vilakazi] December is always an exciting time in the music industry. From new artists to the usual players, this period is only for the strong. Our music expert, Bonga Percy Vilakazi, has compiled a list of 12 CDs you must buy this December. From R&B to Gospel. Read more >>"Dance on all your fours" [Ruth Cooper] The Plastics latest music video Caves features some sexy dance moves, a la Napoleon Dynamite. Flip, I would like to learn those; imagine how cool it would be to bust those out at an Assembly party one night. Well, you would need to clear the dance floor first, but still ... Read more >>Western Cape reigns supreme at national DanceSport championships [Debbie Hathway] Eastern Cape dance fans, as well as supporters and competitors from around the country, Zimbabwe and Botswana descended on the East London International Convention Centre last weekend, 2 to 4 December, 2010, for the South African National DanceSport and Achievers Championship. Read more >>Comfort and affordability with Premier Hotel Cape Manor [Ruth Cooper] Location, location, location; the Premier Hotel Cape Manor has it in spades. It's situated in Marais Street alongside the pretty Sea Point promenade and, if one was a coked-up rocker and had the urge to throw a TV out of the window, it would probably hit beach sand. (Only a slight exaggeration.) Read more >>MCQP goes flower power fabulous The theme for Mother City Queer Project 2010 is Flower Power. Embrace the swinging 60s and free love. Put some flowers in your hair and slap on a pair of tie-dye underwear, ban the bomb or fight the war and rock out in psychedelic style. MCQP is a dress-up party. No costume too outrageous or revealing ... Read more >>More BizLounge news...
Marketing Analyst Manager - Cape TownReporting to the director of marketing, you will be in charge of the development and management of marketing strategies. For more information on this job, please go to our advert. Read more >>List Manager - Cape TownReporting to the director of credit risk, you will manage a team of analysts, analyse and interpret their response and forecast the growth in customer segments. Read more >>Merchandise Planning Manager - Cape TownAs merchandise planning manager, you will report to the merchandise director, and plan, manage, implement, forecast and control the product line sales, stock, OTB and margins. Read more >>
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"I have always felt a gift diamond shines so much better than one you buy for yourself." - Mae West "Creativity is allowing yourself to make mistakes. Design is knowing which ones to keep" - Scott Adams "Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people." - Lee Iacocca "You cannot tailor-make the situations in life but you can tailor-make the attitudes to fit those situations." - Zig Ziglar "Jewellery takes people's minds off your wrinkles." - Sonja Henie Print - Print any item in this newsletter.
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