18 Jul 2011

Retail | South Africa

 

Happy birthday!

On 15 July 2007, Bizcommunity Retail launched at Africa's Big 7 expo; four years later we've amassed over 34000 subscribers. I'd like to take this opportunity to say thank you to all our readers - we really appreciate all your support over the years and look forward to many more years together. And today, we're honoured to share birthday celebrations with the man of the hour (and seven minutes) himself - Nelson Mandela. Many many happy returns Madiba! May you have a truly blessed birthday.


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


Editorial news

Retail


AVI disposes of Denny Mushrooms
Food group AVI is sell 100% of the issued share capital of and AVI's shareholder claims against Denny Mushrooms to Blue Falcon 134 Trading. Read more >>


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Holdsport raises R930m ahead of JSE listing
Holdsport, the sports, leisure and recreational goods retailer which plans to list on the main board of the JSE on Monday 18 July, has placed 30 million shares in the company at R31 each, raising R930 million. Read more >>


Banking & Finance


Standard Bank tops new African rankings table
JOHANNESBURG: Standard Bank has again been named Africa's top bank in The Banker magazine's 2011 rankings of the world's top banks by their Tier 1 capital. Standard Bank rose from 106th place to 94th place in The Banker's list of 1000 top banks in the world. Read more >>


Brand news


Top three TGI Icon Brands revealed
The top three Icon Brand winners at TGI's second annual Icon Awards, held on Thursday, 14 July 2011, at Turbine Hall in Newtown, Johannesburg, are All Gold Tomato Sauce, Edgars and Coca-Cola. The awards celebrate and benchmark those brands that have retained their unique identities over time and still appeal to and are relevant to South Africa's multicultural and diverse population. Read more >>


Clothing & Textiles


Market votes on shoe designs before manufacture
Beach Religion is the collaboration between two established footwear designers, South African, Michael Cloete and Swiss, Thorsten Eissrich. Their emerging leisure footwear brand is challenging traditional channels of footwear design and manufacture. Together they have developed an open online platform that invites creativity, challenges process and opens up freedom so that the market has the say in what becomes available commercially. Read more >>


Taiwan's textile firms wake up and smell the coffee
TAIPEI, TAIWAN: Taiwan's once-booming textile industry entered this decade in need of a wake-up call, with global competition having reduced exports by over a third. But one firm has received a boost from a surprising source: coffee. Read more >>


Commercial property


Corporate Social Investment


Why we need more Mandela Days
[Amelia Jones] Mandela Day today, Monday 18 July 2011, is an important day because it rallies people to think about what they can do to improve the world around them. It's easy to be dismissive about such events; after all, is 67 minutes of someone's time or some commercially inspired corporate gesture really going to make much difference? Probably not, but it's an argument that somewhat misses the point. Read more >>


SA has a responsibility to grow a better future
[Gina de Villiers] For most of us, the global food system is broken, says Oxfam. Its recently released report describes a new age of food crisis - food price spikes and oil price hikes, devastating weather events, financial meltdowns, and global contagion. Behind each of these, there are slow-burn crises smouldering - creeping and insidious climate change, growing inequality, chronic hunger and vulnerability, and the erosion of our natural resources. Read more >>


Exhibitions & Events


Vindaba aimed at specialist tourism
With the backing of national and provincial government, Vindaba, the country's first specialist wine tourism exhibition, will showcase the best in South African wine-related tourism when it is held in Cape Town in September 2012, targeting the local and international travel trade, as well as wine, travel and lifestyle media. Read more >>


South African chefs can still enter prestigious competition
Entries for the annual Unilever Food Solutions Chefs of the Year close on 24 July 2011, after which successful entrants will be put to the test at three regional semi-finals in either Cape Town (1 August), Johannesburg (3 August) or Durban (5 August). Finalists selected from the three regional semi-finals will then go through to compete in the Mystery Basket National Final at Unilever Food Solutions head office in Durban on 16 September. Read more >>


Women of the Year national finalists
The public can begin voting for the finalist in each of the five categories of the 2011 Shoprite Checkers Women of the Year Award, which were announced today, Wednesday 13 July 2011. This vote will account for 30% of the final score, although the judges' decision will be final. Read more >>


CCDI calls for Indaba design entries
Entries for inclusion in the 2012 Cape Craft and Design Institute (CCDI) Handmade Collection can now be submitted. The products will be unveiled at the Design Indaba Expo in February 2012 to retail buyers and collectors from South Africa and worldwide, showcased in a glossy catalogue and on the CCDI website. Read more >>


FMCG


Franchising


Assistance for new franchisees
Having worked closely with the dti for nearly a year to facilitate the process of providing assistance to franchise businesses, Freshstop has entered into a partnership with The Black Business Supplier Development Programme (BBSDP), which will support previously disadvantaged businesspeople who are interested in opening Freshstop convenience stores. Read more >>


Experience 'crucial' for food retail franchisees
Although SA's 100 billion rand plus food retail franchising business was lucrative and had a minimal failure rate, it was a difficult environment that required newcomers to have huge amounts of business management experience and capital, patience and a willingness to learn, according to Thabiso Ramasike, Standard Bank's head of franchising. Read more >>


Hospitality


Two winners in International Hotel School competition
Following their selection as finalists for the 'Hospitality Bootcamp' at the Gateway Hotel in Umhlanga, the five matric students were anxious to know which one of them had won the three year, R160 000 bursary to study full-time at The International Hotel School. Read more >>


Import/Export


Africa free trade area gets UK support
PRETORIA: Exploring commercial opportunities and finding the best means of supporting the African Free Trade Area (FTA) initiative will be the order of the day when UK Prime Minister David Cameron touches down in South Africa today, 18 July 2011. Read more >>


Logistics


Crisis plans in place for fuel shortage: retailers
Although SA's big retailers have yet to be affected by the strike action that has led to fuel shortages around the country, most of them have contingency plans in place as a precautionary. Read more >>


Manufacturing


Strong rand still a concern for manufacturers: MC
The persistently strong and volatile rand remains a major concern for manufacturers, according to the Manufacturing Circle's (MC) bulletin for the first quarter released on Friday, 15 July 2011. Read more >>


Packaging


Packaging needs design, planning, sustainability to succeed
[Jason Kepmen] Imagine yourself as a consumer. What is the first thing that attracts you to a product - the expiration date, price or the packaging? Statistics have indicated that the average in-store consumer views the product's packaging, as the most important factor to consider before purchasing a product. Therefore, it has to grab the consumer's attention, relate to their identity and create an emotional connection - in a matter of seconds. Read more >>


Lightweight wine bottle from Nampak
Nampak Wiegand Glass has launched a glass 750ml wine bottles weighing 340g, which it states is the lightest glass bottle of this type in South Africa, compared to the standard 450g bottle. Read more >>


Regulatory


China to review Nestle bid for local sweetmaker
BEIJING, CHINA: Beijing said on Friday, 15 July 2011, it will review a plan by Swiss food giant Nestle to buy a Chinese sweetmaker, in what could be one of the biggest foreign takeovers of a Chinese company. Read more >>


Research


Visiting, spending in MEA, Johannesburg ranks high
In a new survey released by MasterCard, Johannesburg is the third-most visited destination city in the Middle East and Africa (MEA) region and the most visited sub-Saharan city, with 3 million visitors in 2011. In visitor expenditure, it ranked fifth (out of ten) in the region, with $3.3 billion expected to be spent by inbound passengers in 2011. Read more >>


10-year African dairy boom
The fourth annual Dairy Index, released this year, indicates a decade-long dairy boom and a surge in African consumption of almost 50%. Emerging and developing markets are projected to account for more than 60% of world output in 2020, compared to a 40% contribution by advanced economies. Africa alone will see significant growth in liquid dairy products consumption, which will climb from around 15 billion litres in 2010 to almost 25 billion litres in 2020. Read more >>


Retail marketing


Revising marketing strategies
Up to now, marketing strategies employed traditional methods such as print, television, radio and online media to get people to buy their products. But US marketing research found that in one week over 110 million households walked into Wal-Mart stores, while less than 70 million watched the news on TV, says Marc Ducnuigeen, president international of the Integer Group, one of the foremost global shopper marketing agencies and part of TBWA\Worldwide. Read more >>


Retail services


Retailers


Holdsport lists on JSE
Holdsport (HSP), which runs the Sportsmans Warehouse and Outdoor Warehouse stores, listed on the JSE's main board today, Monday 18 July 2011, in the Apparel Retail sector. Read more >>


Mthunzi leaves CGCSA to join Massmart
Mncane Mthunzi, current CEO of the Consumer Goods Council of South Africa (CGCSA), will join Massmart on 1 September 2011, as supplier development executive, heading up the R100 million Supplier Development Programme, first proposed by the merging parties Massmart and Wal-Mart, as a voluntary condition during the Competition Tribunal hearings. He will serve on the Massmart executive committee. Read more >>


Shipping & Transport


Supply chain


Fuel panic buying strains supply chain
With over 100 petrol stations running dry, the Fuel Retailers' Association (FRA) says panic buying is not helping the supply chain. Read more >>


Technology


DStv Mobile adds to Drifta range
DStv Mobile launched an addition to its Drifta range, the new Drifta USB portable decoder, Thursday 14 July 2011 in Johannesburg. It connects directly to a PC via the USB port and does not need to be paired with a device through Wi-Fi. Read more >>



International news
72% of companies restrict access to social networking
MOSCOW, RUSSIA: The 'Global IT Security Risks' survey conducted by Kaspersky Lab in partnership with B2B International, uncovered the employee activities that are most frequently subjected to restrictions. Social networks are seen as one of the greatest security threats, along with various forms of file sharing. Read more >>


Spotify embraces the land of the free... sort of
[Giles Cottle] LONDON, UK: Spotify has finally got its prize. News of a US launch brings to a close a two-year affair, blighted with delays, speculation and a healthy dollop of the now infamous "ongoing negotiations with labels". Read more >>


Between a rock and a hard place: How should marketers deal with new channels?
[John Ginsberg] One of the most astute assessments of the relationship between humans and technology appears in the glossary of The Handbook of Technology Management under Technology Readiness which, according to the book, is the "propensity to use and adopt technologies for accomplishing goals in one's personal and professional life." Read more >>


Kaspersky Lab Malware in June scammers turn to BitCoins
MOSCOW, RUSSIA: The experts at Kaspersky Lab present their monthly report about malicious activity on users' computers and on the Internet. Read more >>


Using 'the science of shopping' to track-and-target
[John Ginsberg] LONDON, UK: Environmental psychologist Paco Underhill firmly believes that our environment influences our behaviour. He found a powerful (and profitable) application for his theories in the retail environment and founded what is now known simply as "The Science of Shopping." Read more >>


More International news...


Company news

Retail marketing


Isilumko brand activators break it down for consumers, CPA style - Isilumko Media
Due to its complexity, the new Consumer Protection Act may cause some businesses to sweat; especially those operating in the advertising and marketing industry, as there seems to be some ambiguity around what one may and may not do. Service providers will be walking a tightrope while consumers wonder exactly what their safety net is. Read more >>


Branding for "Walmart's" Builders Warehouse - November 1
November 1 recently assisted with an in-store rebranding project at 80 Builders Warehouse stores across the country (including Builders Express and Builders Trade Depot) - a project that arose from the recent merger between American retailer Walmart and South African retailer Massmart. Read more >>



Motoring
Audi's cling and bling baby
[Henrie Geyser: motoring editor] The compact A1 hatchback might be the smallest of the 105 different Audi models on sale in South Africa but far from being the runt of the litter it has enough grunt and cling to appeal to the lads and the kind of cootchy-coo coolness that the ladies love as much in cars as in their arm-candy gold-chained Chanel, purple Givenchy clutch and giant Louis Vuitton bags. Read more >>


More Motoring news...


Travel
Milestone... Where getting a really good night's sleep isn't a millstone
[Brian Berkman: contributing editor, travel] As markets around the world shrink with each daily announcement of another fiscal crisis, hotels, especially at the top end, have to be ever more competitive. Read more >>


OGH: Fit for a Governor
The Old Government House Hotel & Spa is Guernsey's first five star hotel. Read more >>


Bushmans Kloof spa recognised with industry award
The spa at Bushmans Kloof Wilderness Reserve and Wellness Retreat has been named among South Africa's finest spas in the 2011 Les Nouvelles Esthetiques Spa Awards. Read more >>


More Travel news...


BizLounge
Kylie puts on spectacular performance in CT
[Melanie Govender] Kylie Minogue gave Cape Town quite a spectacular show at the Grand Arena on her opening night. She arose as the ethereal Aphrodite from a golden shell on a magnificent stage with talented dancers and high flying aerialists. Building and designing that stage took 500 people and two huge 747s to transport to South Africa. Read more >>


More BizLounge news...


Jobs offered

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New events to diarise

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Quotes
"Emotion - once a largely ignored field of cognitive psychology - has become accepted as a major spring of consumer behaviour. So much so, that many advertisers now view the creation of emotional engagement as their primary objective. ( via Warc)" - David Penn
"Although we think that decision-making about brands depends strongly on functional benefits, it all comes down to one question: how will this make me feel? (via Warc)" - Kim Cramer and Alexander Koene
"Ever consider what pets must think of us? I mean, here we come back from a grocery store with the most amazing haul - chicken, pork, half a cow. They must think we're the greatest hunters on earth! (via About.com)" - Anne Tyler
"What marketers need to do is realise that the shopper needs to feel that she is making smart choices. It does not help the brand if she feels that she is being taken for a ride. (via Warc)" - Bindu Sethi
"Whenever you save five shillings you put a man out of work for a day. (via About.com)" - J. M. Keynes


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