| 2 Jul 2012 |
| Retail | South Africa |
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Retail, Associations, Banking & Finance, Brand news, Clothing & Textiles, Cold chain, Commercial property, CRM, CSI, Distribution, e-Commerce, Exhibitions & Events, FMCG, Franchising, Green sustainability, Health & Safety, Hospitality, Import/Export, Informal retailing, Instore, Logistics, Manufacturing, Merchandising, Packaging, Refrigeration, Regulatory, Research, Retail marketing, Retail services, Retail trends, Retailers, Security, Shipping & Transport, Shopfitting, Supply chain, Technology, Training, 2012 Design Indaba
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Wine and dimesThere are few sounds I like more than that of the petrol price dropping. And we're in luck this week - so go easy on your gas pedal until Wednesday and you'll get 89c p/l off when next you fill your tank. In brand news this past week, Transnet appointed its new CFO and ventured into the international debt market; Famous Brands picked up a controlling share of Java Lava; CNA enabled online shopping via its website; and there are rumours about a transaction between Gresham Private Equity and Woolie's Aussie subsidiary, Country Road, but the retailer is keeping mum on that. Research this week tells us that consumers have become harder to please and prefer mobile internet. Indices point to a drop in the Kagiso PMI, while the PPI has remained stable. If you have some money to throw around (ok, a lot of money, as in fourth holiday house money) and are looking to indulge yourself, an Australian winery has released 12 bottles of a rare Cabernet Sauvignon at Aus$168 000 (almost R1.4 million) a pop. And just to make sure you don't decide to crack it open on a whim after a night of hitting the cheap stuff, these hand blown glass ampoules can only be opened by a specially-trained wine expert who will travel to wherever you are for the momentous occasion. It's not said whether the airfare is included in the price tag, but one would expect it. Although, if you have that kind of cash to blow on a bottle of wine, you probably have a private learjet parked in the garage. Have a wonderful week, folks! 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: FreeDigitalPhotos.netTop stories
Retail |  |
 The price of petrol is to decrease by 89 cents per litre, the Department of Energy announced today. Read more >>
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Associations
Banking & Finance
ZunguZ is a newly launched multi-tiered platform that allows a Facebook user to pay another Facebook user without the requirement of a bank account or email address at no cost, reportedly making it the first of its kind. Read more >>
Brand news
Famous Brands has acquired a 60% controlling stake in Java Lava Beverage Manufacturers‚ a privately owned‚ state-of-the-art coffee roasting and packaging business that supplies product to existing food service and retail clients. Read more >>
Clothing & Textiles
Commercial property
 Taung, a small town in Northwest, will have a R98 million shopping mall in April 2013. The development is a joint operation between Vildev Group and Eris Property Group. The enclosed mall's architectural look and feel consists of a blend of modern finishes, combined with quiet earth tones and stone-rock inlays. Read more >>
CRM
e-Commerce
 Following the revamp of its website, CNA now offers online purchases to consumers through use of their Edgars or Jet account card. Read more >>
Exhibitions & Events
 SAITEX (the Southern African International Trade Exhibition), one of the continent's biggest retail goods trade fair, will host a three-day conference exploring online retailing from 16-18 July 2012 at Gallagher Convention Centre in Midrand, Johannesburg. Read more >>
FMCG
Green sustainability
Hospitality
Import/Export
 In a recent annual comparative blind tasting, held in New York, Indaba Sauvignon Blanc 2011 outscored higher priced, well-respected Sauvignon Blancs including Mount Nelson from New Zealand and Montes from Chile. The Indaba Merlot topped category-leading Merlots from California's Bogle Vineyards and Washington's Columbia Crest. Read more >>
Manufacturing
Manufacturing activity plunged to its lowest level since August 2011 in June‚ with new sales orders and business activity hit the hardest‚ a key survey showed today, 2 July 2012. Read more >>
[Ntsakisi Maswanganyi] Producer prices came in higher than expected in May‚ but have not changed forecasts for further easing in the months ahead. Forecasts were for a 6.4% figure. Read more >>
Packaging
 At the recent Eurasia and Africa President's Sustainability Awards function that took place in Istanbul, Turkey, Peninsula Beverage Company (PenBev), local bottler of Coca-Cola products, was identified as one of the Top 10 bottlers out of 250 bottlers in the Coca-Cola Eurasia and Africa region. Read more >>
Regulatory
 South African companies will now legally have to prove their corporate communication delivery, as the onus is no longer on the recipient, following a Constitutional Court ruling between Standard Bank and the Sebola family. Read more >>
Research
[Zeenat Moorad] Consumers are now harder to define‚ understand‚ and please than ever before; and the majority of companies are struggling to take advantage of the opportunities available to them‚ a survey by Ernst & Young revealed on Friday. Read more >>
Retail marketing |  |
 Entries for the annual SACSC Footprint Marketing Awards, which honour outstanding South African shopping centre marketing, with a focus on innovation, creative achievements and economic success, close for entries on Friday 20 July 2012. Read more >>
Retail services |  |
Primedia Lifestyle has successfully taken over the gift card operations at Old Mutual Property's 'flagship malls' and is now able to track shopper spend and behaviour within the shopping malls through this division. Read more >>
Retailers
[Zeenat Moorad] JSE-listed Woolworths on Friday failed to shed any further light on a possible transaction between Gresham Private Equity and its Australian subsidiary, Country Road. Read more >>
Shipping & Transport
 State-owned freight and ports company Transnet will go to the international debt market before the end of March to raise capital for its R300bn capital expenditure programme‚ Transnet CEO Brian Molefe said today. Read more >>
 State-owned transport and logistics company Transnet has appointed Anoj Singh as chief financial officer with effect from 1 July 2012. Singh will also be an executive director of the company together with the group chief executive. Read more >>
Shopfitting
Technology
 [Paul Vecchiatto] Fixed-line broadband use in SA continues to decline as more users switch to cellphone internet connections - which are more expensive but more convenient. Read more >>
 LONDON, UK: Interbrand, one of the world's leading brand consultancies and author of the annual Best Global Brands Report, has released its 2012 Best Global Green Brands Report. Toyota (#1), Johnson & Johnson (#2), and Honda (#3) top the ranking with Danone (#9), Ford (#15), Starbucks (#36) and UPS (#43) representing this year's top risers. Read more >>
NEW YORK, US: News Corp CEO Rupert Murdoch sat down with Bloomberg TV's Betty Liu this week to discuss the break-up of the company. Murdoch said he sees "increasing costs" at The Wall Street Journal but "hopefully, increasing our revenues by more than that." Read more >>
 NEW YORK, US: The New York Times said on Wednesday it was launching a Chinese-language news website to deliver "high-quality coverage of world affairs, business and culture" to readers in China. Read more >>
SYDNEY, AUSTRALIA: Australian media giant Fairfax Wednesday said editorial independence was at the core of the company, as mining magnate Gina Rinehart pushes for greater influence at the respected newspaper firm. Read more >>
 NEW YORK, US: The World's Best Financial Advertising, presented by the Midas Awards, has announced its call for entries. The Midas Awards is claimed to be the only international competition to recognise excellence in financial advertising and marketing on a global scale. Among the companies honoured in the 2011 Midas Report was SA's The Jupiter Drawing Room. Read more >>
 NEW YORK, US: The Global Awards for the World's Best Healthcare Advertising, now in its 18th year, has announced the call for entries for the 2012 competition. The competition receives entries from healthcare corporations, hospitals, advertising agencies, production companies, and design studios producing communications for medical, pharmaceutical, and healthcare related products. Read more >>
More International...
FMCG
 Cadbury Lunch Bar has officially announced its sponsorship of the much anticipated third season of SA's Got Talent, set to hit the small screen in August on free-to-air channel, e.tv. Season 3 promises to entertain viewers with a bigger and better show... and much, much more talent! Read more >> This winter, Lunch Bar is giving consumers the opportunity to win an all-new Nissan bakkie in their latest on-pack promotion. Weekly cash prizes of R10 000 each will also be up for grabs for a period of 13 weeks. Read more >>Logistics
IMPERIAL Logistics has strengthened its investment in Botswana, increasing its shareholding in mining and general cross-border activities through subsidiary, Transport Holdings. Operating within IMPERIAL Logistics Africa, Transport Holdings gains improved access to the strengths of IMPERIAL Logistics, together with its global reach that includes 14 African countries. Read more >>Packaging
Nampak, Africa's largest packaging company, has announced that it has achieved a Level 3 BBBEE rating as certified by independent ratings agency, Empowerdex. This is up from Level 4 in the last two years. Read more >>
 It has been seven years in the making and through two rounds of public consultation, so the soon to be promulgated Tax Administration Bill shouldn't come as a surprise. Nevertheless, for many it will be just that. Read more >>
 The department of defence declined to comment on Friday on reports that it was finalising the purchase of a luxury VIP jet for President Jacob Zuma. However‚ there are suggestions that no such deal is on the cards. Read more >>
 Finance Minister Pravin Gordhan and the South African Revenue Services (SARS) Commissioner Oupa Magashula will launch the 2012 tax season in Pretoria today. Read more >>
 The South African Reserve Bank yesterday launched an awareness campaign aimed at educating members of the public about the risks of investing in pyramid schemes. Read more >>
About 99% of textbooks have been delivered to Grade 10 learners in Limpopo with all textbooks delivered to Grades 1, 2 and 3, says the Department of Basic Education's director-general, Bobby Soobryan. Read more >>
 Durban to Rosebank in just over an hour's high-speed train travel time is something that could become a reality by 2030‚ discussions with China's CSR Corporation at the Rail Africa exhibition and conference on Wednesday revealed. Read more >>
More Government news...
 Survival strategies for tough times and cost effective marketing initiatives are two of the issues that will come under the spotlight at the third annual Getaway Travel & Tourism Conference, sponsored by Mercedes-Benz Vans, which takes place at the Coca-Cola Dome on 30 August. Read more >>
 Etihad Airways' has started its six flights a week service between the airline's Abu Dhabi home-base and the Nigerian city, Lagos. Read more >>
 DUBAI, UAE / McLEAN, US: Hilton Worldwide has announced Pezula Resort & Spa, one of South Africa's leading resorts, is set to join the luxury portfolio of Conrad Hotels & Resorts following the signing of a management agreement with resort owners, Alderney Establishment. Read more >>
 [Brian Berkman: contributing editor, travel] The next few months are probably the best in the Drakensberg where there is the chance of snow and crisp, beautiful days. Read more >>
 Following the success of &Beyond and Africa Foundation's Footprints of Hope 10-day rhino awareness walk (through the Sabi Sand and Kruger wilderness and surrounding communities) earlier this year, the teams are now returning to two of those communities to help inspire the youth and educate them about the threat of rhino poaching. Read more >>
 [Sibongile Khumalo] South Africa's world-renowned Kruger National Park is to get its first luxury hotel, but not everyone is impressed by the decision aimed at attracting the growing black middle class. Read more >>
 [Chris Moerdyk: @chrismoerdyk] I am not a happy camper. Or, any kind of camper. I have never seen the point of leaving a home full of things like comfy beds, dishwashing machines and microwave ovens to attempt to relax on a skinny little back-busting stretcher, waiting for wood to turn to charcoal before being able to cook anything and worst of all, having to do the washing up by hand in cold water. Read more >>
More Travel news...
 [Charles Siboto] No Country for Old Men, the title of the Cormac McCarthy novel and its Oscar winning film adaptation by the Coen brothers, echoes the trend I've been noticing in Hollywood for the last decade at least; all the old men (and, to a slighter degree, women) have left our "immoral" contemporary society and have gone to seek their fortunes in fantastical pasts that never were and space-age futures in distant galaxies that we hope will come to pass. Read more >>
 The list of nominees for You Spectacular has been released for the event that will be held at The Teatro at Montecasino, Fourways, Joburg, on Saturday, 28 July, 2012. This year the public will also vote in a new category: Favourite Comedian. Read more >>
 [Daniel Dercksen] Films like Goethe have the power to inject our wisdom with a fresh and invigourating sensibility. What we know, or what we think we know, is turned inside out as German filmmakers Philip Stölzl (director and screenwriter) and Christoph Müller (producer and co-screenwriter) repaint history with their insightful and enlightening vivid exploration of a man who changed the world with his passion for words. Read more >>
 Indie rockers Bloc Party will be the headline act at Rocking the Daisies 2012,on Saturday, 6 October at the Cloof Wine Estate, Darling, Western Cape. The band's new album, "Four", will be released on 20 August, 2012. Read more >>
 Grammy Award-winning performers Clarence Carter and Eddie Palmieri, Jamaica's Monty Alexander and France's Manu Katche are among the new international artists announced for this year's Standard Bank Joy of Jazz Festival. Read more >>
 [Daniel Dercksen] If there's one live musical show you cannot miss on the big screen, it's the screening of Stephen Sondheim's sensational musical drama, Company. Staged by the world-famous New York Philharmonic, Company was recorded live from the Avery Fisher Hall at the Lincoln Center, New York in 2011 and is now screening in cinemas outside the US for the first time, and in SA exclusively at Ster-Kinekor Cinema Nouveau Theatres on 28 and 30 June and 1 July only, so make sure not to miss it, no matter what. Read more >>
More BizLounge news...
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- Better a child's life this Madiba Day Nelson Mandela Square - Johannesburg, 2 July
- Pinhole workshop for teens Cape Town School of Photography - Cape Town, 3 July
- Action learning MBA offered Business School Netherlands - Pretoria, 4 July
- An introduction to desktop publishing Vega The School of Brand Leadership - Bedfordview, 6 July
- Skin cancer and Cape Town solar radiaton Inspiringwomen Network - Cape Town, 8 July
- Iberdrolas's engineering Web2Present - Barcelona, 10 July
- Big data analytics and BPM Web2Present - Barcelona, 12 July
- brandhouse Pitch & Polish - Rustenburg, 14 July
- E-marketing and social marketing - hospitallity Britefire - Cape Town, 17 July
- M'hudi's Mandela day meetup M'hudi Wines - Cape Town, 18 July
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