 24 Jan 2011 |
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Competition time
With the delay in the implementation of the Consumer Protection Act, the Marketing Association of SA has sent out an urgent call for any last comments or suggestions with regards to regulations of promotional competitions. If you don't have anything to add, then use this time to make sure your business is compliant with the Act. There's also still time to get your proposals in for changes to the Codes of Advertising Practice, but don't wait too long, submissions close in February. 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. Top stories
RetailSACSC releases economic overviewThe SA Council of Shopping Centres (SACSC) has released its Economic Overview - January 2011 written by economist Christo Luus (Eco Quant). It reports that retail sales have recovered strongly in the second and third quarters of 2010 and is expected to have reached around 7% y/y in the fourth quarter of last year. Some pullback may occur in early 2011, but unless the recovery stalls significantly, retail sales growth should remain in positive territory (between 6-8% y/y) during 2012. Read more >>Massmart shareholders approve Wal-Mart offerMassmart shareholders have voted in favour of Wal-Mart's acquisition offer at a special meeting held at Massmart's offices in Johannesburg on 17 January 2011, it was announced yesterday. Of the shareholders present and entitled to vote, 97.67% voted in favour of the deal that will see Wal-Mart acquire 51% of the company at a cash price of R148 per share. Read more >>AssociationsCompetition Commission investigation extendedThe Competition Commission has applied to the Competition Tribunal for a 15 day extension to its (the commission's) investigation period in relation to the proposed Massmart/Wal-Mart transaction, following a request by SACCAWU for an extension to enable the union to present additional evidence. Read more >>Campaign for right to know on GM foodsAccording to The African Centre for Biosafety (ACB) and the South African Freeze Alliance on Genetic Engineering (SAFEAGE), the latest draft regulations on GM food published by the Department of Trade and Industry (DTI) are wholly inadequate and unsatisfactory, since it fails to protect the citizens' 'freedom of choice' of what they eat. Read more >>Entrepreneur competition closes soonThe 2010 Accenture-Enablis Business Launchpad Competition closes for entries on 31 January 2011. Founded by Accenture and Telesystem, in collaboration with the Canadian government, the Enablis Entrepreneurial Network is a non-profit organisation geared towards supporting entrepreneurial talent in developing economies and is driven by its professional network of entrepreneurs, governed by a sense of social sharing and networking. The competition will see the organisation and its partners scouring the country for small businesses with the most potential for growth. Read more >>Banking & FinanceMPC keeps repo rate at 5.5%South Africans hoping for another rate cut will be disappointed to learn that the central bank has kept rates unchanged at 5.5%. Read more >>Brand newsNew logo for eBucks The new brand logo for eBucks is reportedly a first for South Africa, as the 'chameleon' style logo changes colours depending where and how it is used. Read more >>Clothing & TextilesMr Gay SA extends brand through design competition In an extension of the Mr Gay South Africa competition, the organisers have launched a clothing design contest for designers in the LGBTI community, especially up-and-coming ones, to submit designs for an opportunity to showcase their designs at Mr Gay World 2011 in Manila, Philippines. Read more >>Commercial propertyCorporate Social InvestmentCRMUnleashing potential in contact centres[Kgabo Badimo] To unleash the potential of the human element of the contact centre, the staff need to feel valued, something which indicators and measures alone cannot achieve. This human element is by far the largest capital expense, as it can run at up to two thirds of the total cost of running a contact centre, which makes managing human capital a vital aspect of operations. Read more >>Distributione-CommerceLoot.co.za appoints new CEOGary Hadfield joined e-tailer Loot.co.za as CEO yesterday, Monday 17 January 2011. Hadfield was CEO of Kalahari.net from 2005-2010, prior to which he held a number of senior positions following its official launch in 2000. Read more >>Exhibitions & EventsDown2Earth showcases green Down2Earth, the three-day show within-a-show at the Düsseldorf ProWein Trade Fair, 27-29 March 2011, will offer a series of seminars, tastings and wine and food pairings, chaired by a range of top-rated specialists. Read more >>Sweet potato on McCain Tribute to Good Taste menu In an unusual twist, the 2011 McCain Tribute to Good Taste competition requires chefs to be innovative by challenging them to create a starter, main course and dessert recipe for six people, with each dish incorporating the bright orange McCain Alternatives Sweet Potato range of straight or crinkle cut chips or chunks. Read more >>Design Indaba adds to economic impact Reviewing the economic impact of the 2010 Design Indaba Expo on the GDP, Barry Standish of the University of Cape Town's Graduate School of Business calculated that its overall calculation of R232 million comprises accommodation, travel, meals, souvenirs and consumer durables, with the bulk from business orders at the expo of R123 million. These orders stemmed from 427 registered buyers of which 113 were international. Read more >>FMCGHospitality[2011 trends] Back to the dinner table: 11 restaurant trends [Michael Said] Each year I return home from the National Restaurant Association Show in Chicago and wonder which of the latest trends I had just witnessed will take South Africa by storm. There's been the Low-Carb/No-Carb Trend, the Zero Trans Fats, the Organic Trend, The Mini Dessert Portion Trend, the Health Trend and the 'that looks like another trend' trend. Read more >>Import/ExportTrade expectations maintained in DecemberReasonable trade expectations were maintained in December 2010, the South African Chamber of Commerce and Industry (SACCI) said on Tuesday, 18 January 2011. Read more >>PackagingUsing labelling to promote CPA complianceThe Consumer Protection Act (CPA) comes into effect on 31 March 2011 and, according to Stephen Beattie, sales and marketing manager of Pyrotec, the application of innovative on-pack solutions can make compliance with the law a brand advantage. Read more >>RegulatoryUrgent need to submit comments on proposed promotions regulationsThe Marketing Association of South Africa [MA(SA)] is urgently calling for comments and suggestions on the proposed regulations issued by the dti to control all promotional competitions, as part of the Consumer Protection Act. These proposals will impact directly on all marketers and companies that use promotional competitions in their marketing strategies. Read more >>Retaining and destroying personal dataThe Protection of Personal Information Act (PPIA) has a positive side which to date has not received the same amount of attention as the media debate. In it, a fair amount of emphasis has been placed on the data protection and privacy of information obtained on individuals and companies as well. The aim of which is to ensure that information acquired is done lawfully and within a set of requirements that protects the person whose details are contained in that data. Read more >>Submissions for Code of Advertising Practice changes close Feb The closing date for proposals by members of the marketing communications industry, consumer bodies and the public for changes to the Code of Advertising Practice is 28 February 2011. The Advertising Standards Authority of South Africa (ASA) coordinates this process on behalf of industry and will then apply the rules. Read more >>CPA delay offers further opportunity for business While the implementation of the Consumer Protection Act (CPA) may be delayed, its introduction is inevitable, and while potentially frustrating for consumers who are looking for relief, the postponement gives businesses of every kind a valuable opportunity to ensure that when the Act is promulgated they need not fear any repercussions from their business practices or products. Instead, they can be ready with a compliant organisation delivering quality products and services. Read more >>ResearchIpsos releases global economic assessmentThe latest Global Advisory report from Ipsos has been released, offering a global perspective of 24 countries current economic situations as seen by the people. Read more >>No respite in civil construction confidence indexFNB and the Bureau for Economic Research (BER) have released the 2010 fourth quarter civil construction confidence index, which remains unchanged at a low level. The index came in at 27 compared to 28 during 3Q2010. A reading of 27 indicates that more than three out of four civil contractors surveyed rated prevailing business conditions as unsatisfactory. Read more >>Retail marketingRetail servicesUsing social media in property[David Gibbons] South African estate agents can learn a lot about how to grow their businesses from Ines Hegedus-Garcia, a Miami estate agent who posts cocktail review videos on her website. Her reviews are an astute digital business tactic, in addition to being funky and fun, as she builds a strong social media presence, which allows her to maintain her community profile over an extended time frame and remain top-of-mind when buy or sell decision-making time rolls around again. Read more >>Retail trends[2011 trends] It's a Wild. Wired. Wellthy. World! [Gisele Wertheim Aymes] The recent global recession has changed our world forever. In a new digital age, characterised by oversupply and too many product types in almost every market, the challenge for companies will be to locate and capture pools of high-profit demand and be able to move with speed and flexibility to take advantage of them. Here are 11 trends for 2011. Read more >>[2011 trends] Measuring marketing success in a mass-customised fragmented world [Darren Woolley] With the slow emergence from the global financial crisis, there is now a focus on the role of marketing to drive sales performance. This is impacting not only on how marketing needs to be structured and the approach to the market and the consumer, but also in the way the engagement third-party marketing services providers. Read more >>[2011 trends] A year of hard work for brands [Janice Spark] If 2010 could be summed up as soccer, vuvuzelas and national pride, 2011 will be all about the hard work of restoring the economy to sustainable growth, paying attention to environmental concerns and mastering the technologies that are changing the world. Here are a few trends to watch in 2011. Read more >>RetailersZim government blocks Pick n Pay's Zimbabwe acquisition [Dumisani Ndlela] The Zimbabwe government has blocked the purchase of a 24% stake in TM Supermarkets by South Africa's retail group Pick n Pay due to an indigenisation law requiring foreign and white-owned firms to relinquish control to black Zimbabweans. Read more >>Shipping & TransportTechnologyDeloitte's technology, media and telecommunications 2011 predictions Drawing on internal and external inputs from conversations with member firm clients, contributions from member firms' 7000 partners and managers specialising in TMT, discussions with industry analysts and interviews with leading executives from around the world, Deloitte has released its technology, media and telecommunications (TMT) predictions for 2011. Read more >>SMEs change pace to safeguard cash flows Chris Welham, marketing director of Space Age Technologies, comments on leading SME survival strategies of 2010. Read more >>
ADC announces 90th Annual Awards Advertising, ADC Hybrid juries NEW YORK, US: The Art Directors Club (www.adcglobal.org) has announced the full Advertising jury of leading creatives and educators for the ADC 90th Annual Awards, which is open for entries at www.adcawards.org. The jury includes Ivan Johnson, executive creative director, Network BBDO, Cape Town. Read more >>Bees Awards recognises social media marketing as worldwide phenomenon SAN FRANCISCO, US: The Bees Awards, claimed to be the first international social media marketing awards for communication professionals, has announced today, Monday, 24 January 2011, its 2011 jury panel members, which include Rob Hill, group head of strategy, Ogilvy Cape Town. The event will once again award winners in more than 23 specialised categories, including eight new categories in the fast-paced social media marketing world. Read more >>More International news...
FMCGHäagen-Dazs - The Longer Lasting Pleasure - General MillsThe new Häagen-Dazs Longer Lasting Pleasure campaign is aimed at giving women the perfect opportunity to indulge whenever they can. Read more >>Retail servicesMany graduates look the part, but are they right for your business? - SHL South AfricaThe race for graduate talent is crucial for the success of your business. But with so many graduates to choose from, how do you select the best ones for you? Read more >>
  More Audi A1 launch   More Africa Fashion International 2011 Calendar Launch   More Liqui-Fruit Summer Meltdown Campaign 
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Beware of bogus BMW share scheme BMW South Africa has become aware of a scam claiming to sell shares to previously disadvantaged people and recommends that anyone approached with an offer to buy the company's shares should contact the SAPS immediately. Read more >>Hide the animals, the R8 is coming [Henrie Geyser: motoring editor] My apologies to the residents of the quiet road in Hout Bay where I live for making all your dogs bark furiously early in the morning and I also beg forgiveness from those elderly retirees of Fish Hoek who spluttered and spilt their early morning tea when I drove through your suburb a short while later. Read more >>More Motoring news...
First edition of TBCSA FNB Tourism Business Index published The first edition of the TBCSA FNB Tourism Business Index (TBI) has been presented to media and tourism industry leaders, at a special briefing session held at the City Lodge hotel in Johannesburg. TBI is an initiative of the Tourism Business Council of South Africa (TBCSA), sponsored by First National Bank (FNB) and compiled by Grant Thornton Strategic Services (GTSS). Read more >>More Travel news...
New social network music chart reveals Gaga dominates LONDON, UK: A new free-to-air social media music chart, just launched, is designed to provide a unique aggregated measure of popularity across multiple social networks and music services. Read more >>The shrew tamed at Maynardville [John Cooper] My sometime theatre-going cat Thomas Marmalade (well he did review Andrew Lloyd Webber's Cats on this website - and liked it) occasionally catches a shrew in our shared garden in Rondebosch. They seem to be inoffensive enough little animals, so perhaps the European shrew that Shakespeare would have known has a somewhat different manner. Read more >>RAMfest returns! RAMfest 2011 will this year be held in Cape Town, Durban and Joburg, and will be held over a five-day period. There will be a total of six stages and two international bands: Alkaline Trio (US) and Funeral for a Friend (UK) will feature, as well as top local acts. Read more >>JamieWho dishes on food blogging [Malu Lambert] Andy Fenner is, as expected, nursing a redhead when I go to meet him. Not the leggy kind, but the ice-cold kind served in a tall glass, with a dreamy, mousse-y head. We're at &Union, that Bree Street haunt for beer drinkers with fussy palates and the smell of wood smoke and pork wafts lazily in the early-evening air. Read more >>More BizLounge news...
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