5 Mar 2012

Retail | South Africa

 

New month, new likes, lots of bikes

It's a new month, so no points for guessing what's up this Wednesday.

In today's edition, John Boe asks "What are you selling?", while SARB's deputy governor explains why a fixed exchange rate isn't ideal for SA.

Last week, the IPD released its December trade density index; we saw the launch of the Brand Council, new fashion platform FabHunter, and Samsung's new online store. Next week we can look forward to the second SACSC Research Conference.

For Wal-Mart, the wait is almost over! The Competition Appeal Court will announce its ruling on the US retail giant's merger with Massmart this Friday, so stay tuned.

If you were in Cape Town over the weekend but weren't able to see the 2012 Design Indaba, you can catch up on all the news here.

This coming Sunday however, the Cape plans its annual shutdown in aid of the (mostly) two-wheeled warriors who overrun the city and most of the peninsula. Yes, it's Argus cycle tour time again. Headline sponsor Pick n Pay is also running a social media-based CSI initiative that will find Expresso presenter Liezel van der Westhuizen cycling to "likes". So move her along, like her bike and in the process, help donate some bicycles to the Velokhaya Life Cycling Academy.

Happy pedaling!


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.
Image: Tom Curtis / FreeDigitalPhotos.net

Top stories


Editorial news

Retail


Edcon mulls JSE listings to repay debt
SA's biggest clothes retailer, Edcon, may return to the JSE as early as next year as the company seeks to repay debt owed to bondholders by 2014. Read more >>

Retail competition 'leads to new risk in industry'
The margin squeeze on traditional retail products, driven by fierce competition in the South African retail industry, is sending a stream of South African retailers north into the rest of the continent, Marsh Africa said on Tuesday, 28 February 2012. Read more >>

Associations


Brand Council launched, promises 100 days of action
The Brand Council of South Africa (BCSA), which launched Thursday, 1 March 2012, has set its first 100 days as a timeframe for measurable achievements, with chairman Sean McCoy of the HKLM Group describing the roll-out of its action plan as "aggressive and exciting." Its identity was also unveiled, a bold stylised 'zigzag' emblem designed by Grid. Read more >>

Banking & Finance


Brand news


New school, office stationery giant formed
Maped, a French family-owned international leader in school and office stationery, has acquired Helix, a UK family owned business famous for its Helix Oxford math set, used by millions of pupils worldwide. Helix has developed markets in Britain and overseas (mainly in commonwealth countries). Maped has developed globally in 125 countries, with subsidiaries and a comprehensive network of exclusive importers. A Hong Kong branch and a distribution centre in the US support its international network. Read more >>

Clothing & Textiles


Tlale in retail fashion deal
David Tlale has just returned from New York, where he presented his "Glam-Intersections" collection at the South African Consulate General, but his schedule is not about to slow. Read more >>

Commercial property


[Design Indaba 2012] An architect's manifesto
[Herman Manson: @marklives] People are expecting real change real fast. This is true for the Middle East and North Africa. It's also true here at the Southernmost point of Africa. Urban environments that imprison and entrench poverty rather than provide economic mobility has immense socio-economic and cultural ramifications for an increasingly urbanised nation. Read more >>

Corporate Social Investment


Cape based social enterprise competition
UnLtd South Africa, a non-profit that supports social entrepreneurs, has launched a competition offering R50 000 in support, including a monetary grant, access to training and networking events, relevant mentorship and business resources around legal requirements, finance, marketing. It is open to people, based in the Western Cape and at least 18 years old, in the early stages of developing enterprising and sustainable solutions. Entries close on 12 March 2012. Read more >>

CRM


Self-service checkouts not as successful as expected
[Kevin Meltzer] In the US, Wal-Mart and Albertsons are among the high profile chain stores that are either cutting back or completely doing away with self-service checkout because it is not meeting expectations in terms of efficiency, customer satisfaction and cost-savings. They add that self-service checkout systems have proven to be slow and error-prone. Read more >>

e-Commerce


Reviewing group buying success
Group buying, a fairly new-concept introduced into US markets a few years ago, has proved to be a large industry with the most successful company being Groupon. This success has led to it going public on the US market with the highest IPO opening for a tech company since Google. Read more >>

eBay e-commerce platform available in SA
Vaimo has released Magento, the e-commerce platform as used by eBay, in South Africa. Described as the fastest growing e-commerce platform in the world, the open source platform solutions are easy to use and quick to deploy delivering on customer requirements at a fraction of the cost and time commonly experienced with proprietary e-commerce solutions. Read more >>

Local fashion platform launches in Cape Town
FabHunter is a new social fashion discovery and sharing platform, where fashionistas can put together their own inspiration board or fashion scrapbook, follow new fashion trends from around the globe, collect images of what they like (from handbags to hairdos), share them, comment on images and follow others whose fashion sense inspires them. Read more >>

Samsung opens online store
Meeting a growing demand by consumers for convenience, the Samsung Online Store, launched 27 February 2012, will not only provide safe, accessible shopping, but also allow consumers to compare products and accessories that best suit their specific needs. Read more >>

Exhibitions & Events


Research conference will highlight retail trends
The complex relationship between retailers and consumers will be highlighted at the SA Council of Shopping Centres (SACSC) Research Conference on 14 March 2012 at the Hilton, Sandton. This one-day session will combine insight from some of the best minds in South Africa and abroad, to bring delegates the latest research, best practice and trends. Read more >>

ISBC comes to Africa in 2012
The International Small Business Congress (ISBC) 2012 will be held at the Sandton Convention Centre in Johannesburg from 15-18 September 2012 to highlight the critical importance of small business and entrepreneurship worldwide and consequently help governments reduce unemployment. Read more >>

Franchising


Spur appoints Pierre van Tonder as CEO
Spur Corporation (SUR) today, 2 March 2012, announced that Pierre van Tonder had been appointed as the group's chief executive officer. Read more >>

Hospitality


Import/Export


A fixed exchange rate not ideal for SA: Kganyago
Fixing SA's rand exchange rate against another currency as a way to help the manufacturing sector during and after the 2008 crisis would not have been ideal, says Lesetja Kganyago, Deputy Governor of the South African Reserve Bank (SARB). Read more >>

Informal retailing


Manufacturing


SA manufacturers decouple from world in February
The February seasonally adjusted Kagiso SA Purchasing Managers' Index (PMI) and the global PMI compiled by JP Morgan showed divergent movements as SA manufacturers seem to decouple from the rest of the world. Read more >>

Packaging


Use imaginative labels to meet legislative requirements
There has been a significant increase in mandatory information that must appear on food labels, including details regarding the product identification, ingredients, allergens, usage and so on, following new legislation in South Africa. Brand owners are now forced to re-evaluate how their products are packaged. Read more >>

Regulatory


Court to rule on Wal-Mart bid
Wal-Mart will learn at the end of next week if its bid to gain a foothold in Africa by buying 51% of South African retailer Massmart has been rejected on appeal, a report said on Wednesday, 29 February 2012. Read more >>

Research


Super regional shops show highest Christmas trading density
Research from the IPD South Africa Retail Trading Density Index, based on a sample of 80 shopping centres from 17 portfolios covering 3.5 million m2 of lettable area at the end of December 2011, shows that super regional shopping centres achieved the highest increase in trading density. Read more >>

GDP rises to 3.2% in 2011 fourth quarter
The country's real Gross Domestic Product (GDP) in the fourth quarter of 2011 rose to 3.2%, says Statistics South Africa (Stats SA). Read more >>

Retail marketing


What are you selling?
[John Boe] When I ask sales reps to boil down the entire "selling process" into a one word answer, I get a wide variety of interesting responses such as service, education, or consulting. Seldom do I get the answer that I'm expecting to hear... relationship. Regardless of your industry, at the end of the day you're in the "people business". As the old saying goes, people don't care how much you know until they know how much you care. Read more >>

Retail services


South Africa based IT company opens in UK
Entersekt, the mobile technology company that offers banks a comprehensive solution for secure online and mobile banking, having had significant interest from banks in both the UK and Europe, has opened an office in the UK. Read more >>

Website offers property value comparison
Property24.com has launched a website that allows both buyers and sellers to view property values through a street-by-street listing of latest purchase prices and property valuation reports, with sales history and suburb trends. A mobile version is in the pipeline. Read more >>

Retailers


New green flagship store for Pick n Pay
On the former driving range on Hendrik Potgieter Road in Little Falls, Roodepoort, Atterbury Properties and Pick n Pay will create a R160 million flagship 10 000 sqm next-generation 'green' store in a JV. Read more >>

Supply chain


Winemaker industry has shrunk
Since the 2009 recession, grape and wine consumers have opted to buy cheaper, leaving producers in a cost-price squeeze with income failing to keep up with rises in production costs, according to a recent study by wine producers' body Vinpro. Read more >>

AFGRI to supply chickens to KFC
AFGRI Poultry, the broiler producing and processing arm of AFGRI (AFR), has been appointed a third supplier to the chicken restaurant chain KFC. Read more >>

Technology


Training


Devising strategies to provide future retail managers
According to Leigh Blochlinger, head of Retail Relate, a South African organisation providing retail skills training among South Africa's rural youth, there is a threat of severe skills shortages in the retail sector. Read more >>


International
Kaspersky Lab: Multiple Platform Security now a critical requirement
MOSCOW, RUSSIA / JOHANNESBURG, SA: Statistics* show that 13.9% of South African households own Tablet devices, and 66.3% of South Africans personally own a smartphone. What's more, 74.2% of local tablet users indicate that they also use a desktop PC, laptop and smartphone - in essence, multiple devices, all of which access the Internet. Read more >>

comScore releases the 2012 Canada Digital Future in Focus report
TORONTO, CANADA: comScore, Inc, a leader in measuring the digital world, recently released the 2012 Canada Digital Future in Focus report. This annual report examines how the prevailing trends in general web usage and demographics, social media, online video, digital advertising, mobile and search are defining the current Canadian marketplace and provides insight into what these trends mean for the year ahead. Read more >>

First Data Journalism Awards: €45 000 in prizes
PARIS, FRANCE: The Global Editors Network (GEN) has announced the launch of the annual Data Journalism Awards (DJA), the international competition recognising outstanding work in the growing field of data journalism. The GEN initiative is supported by Google and is organised in collaboration with the European Journalism Centre (EJC). Read more >>

Dubai Lynx 2012 Advertiser of The Year: P&G
DUBAI, UAE: The Dubai Lynx Advertiser of the Year award is presented to advertisers in the MENA region who have distinguished themselves for inspiring innovative marketing of their products and who embrace and encourage the creative work produced by their agencies. This year the winner is P&G. Read more >>

More International...


Company news

FMCG


Oreo turns 100 years young - Kraft Foods South Africa
Magic happened on 6 March 1912 when two decoratively embossed chocolate-flavoured biscuits met up with a rich crème filling: Oreo was born! In honour of this milestone, Oreo is on a mission to reignite the spirit of childhood by celebrating the kid inside all of us. Read more >>


Galleries
KFC flash mob at Idols season eight Soweto auditions

More
Cavendish Square LIFTED school arts project, day two

More


Government
Nkwinti explains 30% land target
The confusion over the kind of land that made up the government's 30% land redistribution target had led to a debate by Freedom Front Plus leader Pieter Mulder and others over South Africa's land issues, the Minister of Rural Development and Land Reform Gugile Nkwinti said on Thursday last week. Read more >>

Motsoaledi resolute on banning alcohol ads
[Gabi Khumalo] Health Minister Dr Aaron Motsoaledi is forging ahead with his campaign to ban alcohol advertisements. Read more >>

Cosatu to march against broking, tolls
The Cosatu-led protest against labour broking and e-tolling appears set to cause major disruption on Wednesday in Cape Town's CBD. Congress of SA Trade Unions Western Cape general secretary Tony Ehrenreich told reports on Sunday afternoon that a planned march on parliament across the city centre would likely attract 30 000 people on the day. Read more >>

Sanral to get powers to enforce toll tariffs
[Nicky Smith] The South African National Roads Agency (Sanral) will use the Criminal Procedure Act to ensure that commuters on the roads that are part of the Gauteng Freeway Improvement Project pay toll fees when tolling is implemented on 30 April. Read more >>

Hearings into Cele allegations today
The public hearings into allegations of misconduct by suspended National Police Commissioner Bheki Cele are to start today. Read more >>

Allegations of nepotism to be probed at Lotteries Board
The Department of Trade and Industry (dti) is to look into allegations of nepotism at the National Lotteries Board. Read more >>

Mining at Implats to resume on Monday
Representatives of Impala Platinum mine management and the National Union of Mine Workers (NUM) have agreed to end the violent strike which had dragged on for weeks. Management and the union held talks on Wednesday afternoon. Read more >>

DA: Lease deal scrutiny must confront corruption
[Paul Vecchiatto] National Treasury's review of 3000 government leases, as announced in the national Budget Speech, is an opportunity to confront the corruption that has become endemic in the negotiation of these contracts, says the Democratic Alliance (DA) MP Dion George. Read more >>

R147bn needed to address student housing backlog
Over R147bn invested over 15 years is needed to alleviate the massive backlog and improve conditions for student housing, revealed a report released by the Minister of Higher Education Blade Nzimande yesterday. Read more >>

Toll roads issue up for 're-discussion'
[Paul Vecchiatto] The issue of tolling urban roads is up for "re-discussion and government has said 'whoa' to further projects," says Transport Minister Sibusiso Ndebele. Read more >>

Sanral: DA e-toll increase claims 'misleading'
The South African National Roads Agency SOC Limited (SANRAL) has dismissed the claims made by the DA on 27 February 2012 as 'misleading and incorrect'. Read more >>

More Government news...


Motoring
Evoque - the ultimate 'toff-roader'
[Henrie Geyser: motoring editor] It's been a long time since any vehicle has stirred up so much international emotion and devotion as the provocative Range Rover Evoque has been doing since its launch last year. Yes, there are a few who find its spaced-out styling too over the top but the rest of the planet love it and crave it. Read more >>

More Motoring news...


Travel
Courting disaster: Pranksters use lasers on OR Tambo pilots
Pilots landing at OR Tambo international airport in Johannesburg have been falling prey to laser-wielding pranksters, according to a report issued on Thursday last week. Read more >>

Brian Berkman pays tribute to Lawrence Anthony
[Brian Berkman: contributing editor, travel] Conservationist, international best-selling author and Thula Thula lodge owner Lawrence Anthony has died. Read more >>

Excuse me, Madame, is this yours?
Can anyone honestly, truly swear they have never taken anything from a hotel room when they check out? But here's another thing... Can you honestly say you have never left anything behind when you have checked out... perhaps even something that you'll deny is yours when the hotel gives you a call? Read more >>

Travel Corporation introduces Busabout, the funkiest youth travel option by far!
Busabout, claimed to be the most exciting youth travel brand in the world, is available directly to the South African market from today, and to mark the occasion, an incredible 15% discount on the standard prices of selected Busabout products is being offered in March and April 2012! Read more >>

Awards' positive impact on Cape Town
According to a recent poll conducted by a leading South African hotel, 48% of travellers will consider Cape Town as a tourist destination due to the spate of recent accolades bestowed on the city. Read more >>

Velvet Sky grounded
According to a News24 report, Velvet sky has suspended all its flights until 5 March. Read more >>

More Travel news...


BizLounge
Gotterdammerung on the big screen
[Daniel Dercksen] Wagner's thunderous climax to The Ring Cycle, Gotterdammerung, will delight opera lovers on the big screen from 2 March for one week only! Read more >>

Congruency - are your goals aligned to your values?
[Alan Hughes] I was excited to go to the Townhouse Hotel last night to listen to Dr John Demartini's talk on "Successfully Setting and Achieving Goals". As a life coach, I have presented several talks on the same subject, so I was very curious to see how this world-renowned expert would go about it. Energetically, passionately and with humour, was how he shared his wisdom with more than 200 people who gathered to listen to him. Read more >>

A Jewish Italian walks into a therapist's office ...
[Eugene Yiga] My mother's Italian, my father's Jewish and I'm in therapy. Wait, that's not me. So what was I doing watching an 80-minute show about a man for whom this was true? Laughing my butt off, that's what! Read more >>

Sensational performances in Somewhere On The Border
[Daniel Dercksen] If you are looking for a hard core journey into the bleeding hearts and tortured souls of a group of young soldiers fighting for their dignity and individuality, make sure to see Anthony Akerman's powerful Somewhere On The Border at the Baxter Flipside before it ends its run on 17 March. Read more >>

Storm Thorgerson, the last great surrealist
[Sindy Peters] Raised in a home that had Pink Floyd, Led Zeppelin, Black Sabbath and the like, regularly blaring from our record player, I'm not new to the enigmatic album art of Storm Thorgerson. On hearing the opening of the Raging Storm exhibition in Cape Town, I jumped at the chance to meet the man behind the fascinating surrealism, and possibly make an addition to my budding art collection. Read more >>

Boys to (super) men
[Eugene Yiga] It's all fun and games until you almost get hit by a plane. Actually, no, that only applies to people with more than half a brain. When you're dealing with a group of teenagers, who literally don't know what the word "hubris" means, the fun continues until someone gets hurt. Then it continues some more. Will these kids stop before it's too late? Read more >>

Lost and found in Extremely Loud and Incredibly Close
[Daniel Dercksen] It is not always possible to have the correct answer, unlock unsolved mysteries, or explore unfamiliar crises. With the exceptional Extremely Loud and Incredibly Close, director Stephen Daldry proves that it is indeed possible to resolve everything by allowing yourself to get lost; to lose yourself fully in the fear of indecision and the moment of discovery. Read more >>

More BizLounge news...


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