| 23 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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Celebrating inspiring women... and menEconomists have been debating it for months, homeowners have been praying for it for almost two years. Yes, ladies and gentlemen, the MPC has finally cut the repo rate. Pam Golding's CE expects the move to give the property market a boost. Indices over the past week have seen both retail and wholesale trade sales up in May, as well as a rise in food and beverage income. However, economists have warned that this retail growth is not sustainable, while the Consumer Confidence Index hits a four-year low. On the brighter side of things, the country celebrated Mandela Day on Wednesday last week. See what went down around the country as people and businesses devoted 67-minutes (and more) of their time to do something for the less fortunate. And finally, Saturday saw the celebration of inspirational South African women (and man) as they were honoured at the gala award ceremony of the Shoprite Checkers Women of the Year Awards. In a surprise twist, Archbishop Emeritus Desmond Tutu received the 2012 Lifetime Achievement Award, after being nominated and voted for by the public. Congratulations to all the winners, and to Tata Madiba, happy belated 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
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Retail sales growth quickened more than expected‚ to 6.4% in May from 1.1% growth in April‚ figures from Statistics SA released on Wednesday, 18 July, showed. Analysts‚ however‚ warn that much of the growth was attributed to base effects and that these growth levels might not be repeated in the months ahead as consumers come under heavy cost pressures. Read more >>
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Wholesale trade sales at constant (2000) prices for May grew by 8.7% year on year (y/y) compared with a 9.5% y/y growth in April‚ Statistics SA data showed on Thursday, 19 July 2012. Read more >>
Growth in SA's retail trade sales at constant prices jumped to 6.4% year on year (y/y) after a revised 1.1% [1.0%] growth in April‚ figures released today, 18 July 2012, by Statistics SA showed. Read more >>
Associations
Banking & Finance
Commenting on the reduction in the interest rate by the South Africa Reserve Bank, Dr Andrew Golding, CE of Pam Golding Properties, notes that this is welcome news, providing a confidence boost to the economy as well as the property market. Although inflation is lower, consumers continue to feel the pressure of high and ever-increasing electricity costs - high fuel prices and increasing property rates. Read more >>
 The Reserve Bank's Monetary Policy Committee's decision to slash the repo rate by 50 basis points down to 5% has been welcomed. Governor Gill Marcus announced the decision on Thursday. Read more >>
Brand news
Effective 15 July 2012, Deon Liebenberg has resigned as MD of Samsung Electronics South Africa. Read more >>
Clothing & Textiles
 Suzaan Heyns has become a popular name on the lips of those in the fashion industry, and with such a unique eye for beauty and artistic imagination we're not surprised at all. It's due to her creative and glamorous design style that Heyns was asked to present a collection at the Invited Designers Showcase for the Vodacom Durban July Race Day. Bizcommunity's Angie White has the honour of asking this fashionista some questions... Read more >>
Commercial property
 Synergy Income Fund, a specialised retail property fund investing in midsized commuter and small regional shopping centres located in high growth rural and township nodes, announced its maiden distributions to unit holders and closed a heavily oversubscribed vendor placement of R370 million in new capital for the fund, yesterday 19 July 2012. The fund operates in partnership with retailer Spar. Read more >>
Corporate Social Investment
 On Saturday 21 July 2012, the 2012 title winners of the Shoprite Checkers Women of the Year Award were announced at a gala event in Johannesburg. They are Shéri Brynard who received the Youth Mover Award; Nyeleti Mushwana the Socio-Economic Business Developers Award, Margi Biggs the Good Neighbours Against Crime Award, Tina Botha the Health Care-Givers Award and Marisa van der Merwe received the Award in the Educators Category. Read more >>
Distribution
e-Commerce
An e-commerce offering aimed at outlying areas and small towns in order to provide those customers access to a wide range of technology will support the new format Incredible Connection e-stores, only 80 square metres in size. The first opens in Vredenburg, on the West Coast, on 26 July 2012. Read more >>
Exhibitions & Events
 Mike Veseth, described as best-selling US author and wine expert, will give the keynote address on Saturday 29 September 2012 at the Nederburg Auction. Read more >>
FMCG
Green sustainability
Hospitality
SA's food and beverages industry generated a total income of R3.711 billion in May‚ representing a 9.9% year-on-year (y/y) rise‚ according to data released by Statistics SA on Monday. Read more >>
Logistics
 Imperial Logistics won the Logistics Award for its contribution to addressing the skills gap in the industry through its 'Fast Forward skills development initiative', at the recent African Access National Business Awards. Other competitors in this category included McDonalds South Africa, Renault SA, Berco Express, the Automotive Industry Development Centre and the Electoral Commission of South Africa. Read more >>
Regulatory
 A deal that will result in DHN Drinks acquiring Sedibeng Brewery has been given the nod by the Competition Tribunal. Read more >>
Research
 Without realising it, consumers are more likely to choose products that sit in the horizontal centre of a display, a new study indicates. Read more >>
According to the FNB/Bureau of Economic Research, the Consumer Confidence Index (FNB/BER CCCI) is currently at its lowest level since absorbing the serial shocks of early 2008. Coupled with deterioration in the outlook for household income growth, the decline foreshadows a substantial slowdown in the growth in household consumption expenditure during the remainder of 2012. Read more >>
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 Woodlands Boulevard Shopping Centre in Pretoria east has launched a mobile mall application that allows all the stores in the mall to form part of a Mall Wide Gift Registry, one of a variety of the app's features that will attract visitors to the mall and encourage them to participate in this unique shopping experience via their mobile phones. Read more >>
Retailers
[Annaleigh Vallie] SA's largest supermarket chain, Shoprite Holdings, delivered what analysts called a disappointing trading update yesterday, 16 July, that could indicate that Pick n Pay may have finally arrested declines. Read more >>
Security
[Paul Vecchiatto] Organised cybercriminals have the world at their fingertips, and South African companies should not think they are immune from hacking attacks. Read more >>
Supply chain
 Shoprite has recognised the valuable contribution farmworkers make towards the agricultural sector by sponsoring the Western Cape Farmworker of the Year competition with R750 000. Read more >>
 SINGAPORE: Spikes Asia, the regional creative advertising and communications festival for Asia Pacific, is pleased to announce that this year's final three jury presidents are Yang Yeo who will chair the Design Jury, Glenn Osaki will lead the PR Jury, and Michael Hilliard has been appointed the first Branded Content & Entertainment Jury president. Read more >>
 LONDON, UK: Leading independent digital marketing agency, Greenlight, has today showcased its complementary and detailed Digital Campaign Planner as part of the Agency's initiative to help digital marketers and brands get their Christmas 2012 campaigns ready, ahead of the festive season, and in place for the post-Christmas sales. Read more >>
 LONDON, UK: On 18 September 2012, D&AD celebrates its 50th birthday. The organisation is staging a huge party and awards ceremony, at which the top ranked agencies, studios and people of the last 50 years of D&AD will be recognised with a one-off Award. The 2012 Black Pencils and President's Awards will also be announced. Read more >>
 LONDON, UK: comScore, Inc has released the third white paper in The Power of Like series, The Power of Like Europe: How Social Marketing Works for Retail Brands, focusing on European retail brands such as ASOS, H&M, La Redoute, Topshop and Zara. Read more >>
More International...
Brand news
Optus Brands has announced its new role as the sole distributor and brand custodian for Groupe SEB brands Moulinex, Tefal Electrical and Rowenta. Optus Brands forms part of the Fore Good Investment Group. Read more >>Packaging
 Nampak Flexible, Africa's flexible packaging leader, and Kraft Foods SA have secured a fifth place for South Africa in the worldwide race to launch the Value-Added Flow Packaging (VAFP) technology for the resealability of Cadbury Dairy Milk slabs. Read more >>Retail services
It's a nightmare scenario: guests falling ill after a meal in your restaurant, panic, arguments about the causes and a reputation in shreds. Movers in the hospitality industry should never feel they've done enough to safeguard their guests and themselves against such an incident. Read more >>
[Photos from the ed-at-large] Sandton City's Walnut Grove turns over a new leaf
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 Quarterly research highlights real hindrances to business growth are poor government service delivery, political uncertainty and crime. Read more >>
 [Samuel Mungadze] National policy seems to be at a standstill in the Department of Communications, with little information coming from the minister's office. Read more >>
Speaking at the opening ceremony of the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, Hu said in the next three years, his government will take measures in five priority areas to support the cause of peace and development in Africa and boost a new type of China-Africa strategic partnership. Read more >>
 Today, South Africa and the world come together to celebrate world icon and former President Nelson Mandela's 94th birthday, as well as the ideals he stands for. Read more >>
 The launch of a state-of-the-art forensic laboratory in Cape Town, by the Minister of Police Nathi Mthethwa yesterday, is to help police to fight crime more smartly. Read more >>
More Government news...
 [Henrie Geyser: motoring editor] The MG badge is back in South Africa again and this time its Chinese owners are keeping their fingers crossed that it might be a case of third time lucky for this once iconic British sports car brand. Read more >>
More Motoring news...
 Abalone House aims to offer executive meeting and boardroom facilities with a distinct difference. In the idyllic seaside village of Paternoster on the West Coast, this five-star boutique guest house cradles an intimate, plush executive boardroom - with views over a languid pool and tranquil courtyard garden. The sweeping Atlantic Ocean lies just a little beyond. Read more >>
 [Brian Berkman: contributing editor, travel] With social media we have all become storytellers. One of Anantara Resorts' differentiators is their focus on giving guests experiences that become stories as well as enabling their telling. Having high-speed free Wi-Fi all over the Island is just one way they achieve this but also by choreographing wow moments that become the fulcrum around which tales of the journey are told. Read more >>
 Cruising is well known to be one of South Africa's favourite holiday options. The reason is simple - exceptional on board entertainment choice, so no matter what your age or taste you will be sure to find something to suit your style! Read more >>
More Travel news...
 [Eugene Yiga] After the success of playwright Mike van Graan's Hostile Takeover, which was runner-up in the 2005 PANSA Festival of Reading of New Writing, comes Just Business. And after this reworked and renamed version enjoyed a successful world premiere at the recent National Arts Festival, where it won a Standard Bank Ovation Award for excellence on the 2012 National Arts Fringe, it is now showing in Cape Town for a limited run. Read more >>
 [Charles Siboto] So our friendly neighbourhood Spider-Man's currently doing his web-slinging thing on the big screen; new actor in the form of Andrew Garfield, Mary Jane's been put on the shelf in favour of a new love interest Gwen Stacy (Emma Stone), he's donning a cool new suit. The Lizard (Rhys Ifans) causes havoc as the new villain and basically everything is shiny new. Total reboot. Read more >>
 [Daniel Dercksen] Arousing the horror that lurks within a gothic mystery is a terrifying experience and proves that graphic dramatic action or blood and gore are no substitute for real fear. Read more >>
 John Legend is to return to South Africa for an exclusive and intimate show to celebrate Woman's Day on 10 August, 2012. He will play at the Sandton Convention City and will be supported by SA songstress / Idols judge Unathi Msengana and multiple SAMA winners MiCasa. Read more >>
More BizLounge news...
- HMC Seswa to handle the marketing and communication for Xpert Decision System (XDS) - more info
We as a leading photographic rental company in Cape Town have a vacancy for an ambitious rental administrator handling our equipment used in photographic and video production. Read more >>Vital Health Foods is looking for a regulatory affairs officer who will assist the RA manager and RA pharmacist with regulatory matters regarding pharmaceutical, foodstuff and cosmetic activities. Read more >>
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- Southern Comfort Big Jam - Cape Town, 26 July
- Business networking breakfast Hirsch's Home Store - Roodepoort, 26 July
- Business networking Hirsch's Centurion - Centurion, 26 July
- Cavendish Square winter sale - Cape Town, 27 July
- Vessels of Virtue Business Network Dinner Elohay - Johannesburg, 28 July
- Paint in the park ArtMatters-Zone - Johannesburg, 29 July
- Decoding the competition act Front Foot Strategic Consulting - Johannesburg, 30 July
- Word level two - intermediate/advanced Front Foot Strategic Consulting - Johannesburg, 1 August
- Train the trainer Front Foot Strategic Consulting - Johannesburg, 2 August
- CEM Africa Summit Kinetic Events - Cape Town, 2 August
Click here to customise your events section
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