| 20 Aug 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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You need to spend more time on m-commerce That's the view of Simon Leps, CEO of Fontera Digital Works. He says South African companies should spend more time on m-commerce. It's opportunity knocking for online retailers. You have a great idea, but lack the money to get it started. Well, Anton Ressel, associate consultant at ED and CSI specialist at agency Fetola, reckons there's no shortage of money, and asks: Why is accessing finance such a challenge for most SA businesses? For those in the property sector, or looking to make an investment in property, Zambia offers real estate investment opportunities, according to Inutu Zaloumis, MD of Pam Golding Properties Zambia. Finally, showing how it should be done, Veronica Shezi has won the 2012 GIBS MBA Business Plan Competition. In addition to the title, she was awarded a cash prize of R20 000 sponsored by GIBS and First National Bank Business Banking. Congratulations, Veronica - now turn that idea into a business. Rod Baker, Content Director
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 shares came under selling pressure on Friday‚ with FTSE/JSE general retailers index falling to its lowest level in three weeks‚ giving credence to caution some analysts have made that the sector might be overheating given the strong run it has had in the last while relative to other areas of the stock market‚ such as resources. Read more >>
[Zeenat Moorad] The spate of global retailers expanding into the South African market as a result of the strong profits achieved in the sector over the past decade adds further credence to value based asset manager RE:CM's view that share prices of local players are expensive and offer very little value for investors. Read more >>
Associations
Banking & Finance
 [Anton Ressel] Why is accessing finance such a challenge for most SA businesses? A recent snap survey by enterprise development specialists Fetola, showed that 93% of small businesses are uncertain about where and how to access finance. Read more >>
Brand news
 Tiger Brands Limited said on Thursday, 16 August 2012, that it is renewing its cautionary to shareholders as the company is still awaiting regulatory approval for its offer to purchase 63.35% of Dangote Flour Mills (DFM) in Nigeria. Read more >>
Clothing & Textiles
The 2012-13 wool season will open this Wednesday‚ when about 13‚000 bales will be on offer at auction in Port Elizabeth. Read more >>
Commercial property
 Showing steady year on year economic growth, foreign direct investment and investment in the real estate sector has seen the creation of jobs, increased access to housing and retail, office and industrial property in the commercial sector of Zambia. Read more >>
Elwyn Schenk, Pam Golding Properties' area principal in Umhlanga and Umdloti on the KwaZulu-Natal north coast says it is little wonder that the investor, faced with highly volatile share, bond and even gold markets, is again turning to property as a traditional, solid and lasting store of value. Read more >>
 Willowbridge Place in Tygervalley, Cape Town, has been sold to Growthpoint. The development which began construction in late 2011 and will be complete in early 2013, is a premium R121 million office building with retail. Read more >>
Corporate Social Investment
e-Commerce
[Simon Leps] e-commerce is on the increase in South Africa, with the latest online retail offerings by the popular fashion house, Mr Price, as well as Zando, the online-only shopping site with international roots. With South Africa's average consumer download speed estimated to be at 3.54 megabits per second, there is a huge opportunity for online retailers to set up shop. Read more >>
[Brendan Peo] No one anticipated the success that mobile telephony would achieve. According to Nielsen South Africa, more South Africans use mobile phones than radio or television. And an astounding 35% of South African smartphone users revealed in a Google report into worldwide smartphone usage and mobile marketing that they would rather give up their TV than their smartphone. Read more >>
Citymob has retooled its group-buying platform to retail design online through what it describes as 'design flash sales', an innovative model focusing on time-limited sales with the emphasis on providing consumers with a daily dose of design. Cleverly curated, the site connects the best in local and international design, offering up a mix of original ideas and creative 'city cool' collaborations that deliver broad-based buying options, ranging from R50 - R5000. Read more >>
Exhibitions & Events
The fourth On-Line Retailing Conference and Exhibition will be held in Cape Town, 10-11 October 2012, at the Tsogo Sun Cape Sun. It will explore current innovations of the online retail sphere, future predictions and how delegates can benefit from the expected rise in the trends of online retailing. Read more >>
FMCG
Health & Safety
 3M's Food Safety Division has announced the development of a fast, simple and affordable detection method for pathogens that delivers accurate results, has a positive impact on the bottom line and protects food producers' brands. Read more >>
Hospitality
 Veronica Shezi was crowned the GIBS MBA Business Plan Competition champion for 2012, beating 48 hopefuls. In addition to the title, she was awarded a cash prize of R20 000 sponsored by GIBS and First National Bank Business Banking division, each of which contributed R10 000 to her prize. Read more >>
Logistics
 Included in South Africa's Most Influential Women in Business and Government Awards, which selected 81 finalists representing a multitude of industry sectors - ranging from aerospace and defence, to welfare and community services - was Sibongile Zikalala, sustainability director at Imperial Logistics. Read more >>
Packaging
Research
Accumulating past pressures and adverse international and domestic economic conditions have led to the cash woes of local consumers. Releasing its latest consumer financial vulnerability index (CFVI) report, the MBD Credit Solutions/Bureau of Market Research (BMR) indicates a sharp decline from 58.9 points in the first quarter to 48.6 points in the second quarter of 2012. Read more >>
Retail trade sales in June has increased more than was expected by 8.3% from an upwardly revised 7.1% in June, Statistics South Africa (Stats SA) said. Read more >>
BMi has produced its reports on the chocolate confectionary and chewing/bubble gum markets. Read more >>
Retail marketing
 Find out more about the rise of mobile research and how World of Avatar, Mxit, Shinka and Pondering Panda are using mobile to build communities and gather insights, by listening to the podcast of last week's Biz Takeouts Marketing & Media radio show, which airs every Thursday 5pm-6pm streamed live via 2oceansVibe Radio. [ twitterfall] Read more >>
Recent awards have confirmed the place that heritage brands have in the hearts and minds of consumers. Koo, one of South Africa's most enduring brand icons, eclipsed the granddaddy of all heritage brands, Coca Cola, to take the laurels in the Sunday Times Top Brands 2012 survey, its second win in two years. In the Brand Icons survey run by Media 24, Tiger Brands had eight brands in the top 29, with All Gold placed second. Read more >>
Retailers
[Zeenat Moorad] Australian retail mogul Solomon Lew has lashed out at Woolworths‚ accusing the South African company of using the planned acquisition by Country Road of fashion group Witchery to force him out of Country Road‚ legal letters revealed yesterday‚ Business Day reported. Read more >>
[Annaleigh Vallie] Investors are questioning whether Pick n Pay has made a recovery in an environment where consumers face rising food and fuel costs, while new entrants in the retail space have raised concerns whether the company has halted market share decline. Read more >>
Technology
 LONDON, UK: Winners of the White Pencil Student Brief and D&AD Student of the Year 2012, Martin Headon and Olly Wood. Read more >>
 RESTON, US: comScore, Inc, a leader in measuring the digital world, has released data from the comScore Video Metrix service showing that more than 184 million US Internet users watched 36.9 billion online content videos in July, while video ad views totalled 9.6 billion. Read more >>
 SINGAPORE: Spikes Asia has announced the final juries; Craft, Creative Effectiveness, Branded Content & Entertainment and Integrated, who complete a world-class collective of 75 regional industry experts. Jury members will convene in Singapore during the Festival to judge entries into Spikes Asia, the regional creative advertising and communications festival for Asia Pacific, taking place 16-18 September. Read more >>
 HONG KONG, CHINA: The challenge... Mouthwash giant, Listerine, needed an innovative new way to get the people of Hong Kong talking about its products. Listerine is claimed to banish the taste of food after meals along with the bacteria that cause bad breath, giving its users fresh breath for up to 12 hours. Read more >>
 NEW YORK, US: The One Club is gearing up for what it says are some truly exciting events and the organisers are encouraging your participation. Read on for key updates. Read more >>
More International...
 [Brian Berkman] Sarah Rice's Sentient was a successful PR company - great clients, great staff, great work - it wasn't a good business though and Sarah decided too late to make a change. Still paying off the debt it incurred she shares her hard-learned lessons with PR-Net. Read more >>
Brand news
 Jasper (Jack) Newton Daniel would've turned 162 this September. Because it's uncertain which exact day Jack Daniel was born, it has become customary for fans around the world to celebrate each day of September rather than miss the actual birthday. This year, one lucky person will be driving away in a 2012 Camaro SS1 V8 worth R1 million. Read more >>Commercial property
Property buyers should protect themselves by getting a home professionally inspected before making an offer to purchase. John Graham, CEO of leading home inspection company House Check says angry home buyers contact him every week with stories about how their dream home has turned into a nightmare. Read more >>Landlords in South Africa could well be forgiven for believing that the law gives their tenants all the rights. Everything it seems is on the tenant's side and while landlords do have some control, in most instances they are going to have to pay a fortune in legal costs to exercise those rights. Read more >>The expiration of a lease often becomes a contentious point as tenants fight for the rightful refund of their deposits. If some of the comments left on the Privateproperty.co.za advice centre website are to be believed, there are landlords who are going all out to rip their tenants off. Read more >>FMCG
 This winter, Cadbury Dairy Milk embarks on a new story of joy as the much-loved chocolate brand presents their latest commercial, Floating Cows, highlighting the new Cadbury Dairy Milk Bubbly chocolate. Read more >>Retail marketing
 PriceCheck.co.za have revamped their mobile app, making shopping even more convenient, rewarding, and easier than ever before. The new app, available for download across all platforms, comes with a fully integrated barcode scanner that allows one to scan and compare or review products in-store. Read more >>Technology
To understand current trends in printing for the retail industry, we need to get to grips with design thought. Printing and packaging powerhouse, Colourtone Aries, has noted a consistent trend from the early 50's and 60's in design thought, but with a contemporary focus and a significant investment in technology. Read more >>
 [Chris Bathembu] Regional leaders who convened for the SADC summit in Maputo have heaped praise on South Africa's President Jacob Zuma for his mediation to the Zimbabwean political impasse. Read more >>
 PRETORIA: A task force will be set up to look into labour issues in the platinum industry after 34 people were killed near the Lonmin mine in Marikana, Mineral Resources Minister Susan Shabangu said on Saturday, 18 August 2012. Read more >>
 The former president of the Law Society of the Cape of Good Hope, Taswell Papier, has been appointed as administrator of the Estate Agency Affairs Board (EAAB), the Minister of Human Settlements Tokyo Sexwale announced on Thursday. Read more >>
 Minister of Social Development, Bathabile Dlamini, will host a National NPO Summit which will focus on the need to strengthen relationships between government and the NPO sector. President Jacob Zuma is expected to deliver a keynote address. Read more >>
More Government news...
 [Henrie Geyser: motoring editor] Mazda has hauled out the scalpel and make-up kit and made use of a team of clever white coats and engineers to make its latest range of 'proudly South African" Mazda BT-50 bakkies tougher, prettier to look at, safer, more comfortable and better equipped with a wide range of safety and comfort features. Read more >>
 [Henrie Geyser: motoring editor] Mercedes-Benz has extended its new B-Class range of compacts with the addition of two new petrol-powered versions - a move which will be welcomed by dealers and buyers alike after the initial order of diesel-only B-Class cars were sold out shortly after they hit local dealer showrooms. Read more >>
More Motoring news...
 [Rod Baker] Le Franschhoek was one of those places we've heard about but never quite managed to get to, so when the opportunity came up to try it out, we jumped at the chance - well, as much as a couple of geriatrics can jump at anything, that is. Glad we did. Read more >>
More Travel news...
- The MediaShop wins the Edcon account - more info
Code 10 PDP driver with furniture delivery experience required for excellent retail company in Cape Town. Read more >>
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- In-House Session 3 iKapa Dance Theatre - Cape Town, 24 August
- Understand the intricacies of wine Cape Wine Academy - Cape Town, 25 August
- True Love magazine's Beauty Brunch - Summerstrand, 25 August
- SABEF | ABSA women in business breakfast SABEF - Cape Town, 25 August
- Data analysis course using Stata CESAR - Johannesburg, 29 August
- Strategic thinking for professional growth Paton Training - Johannesburg, 29 August
- Winebiz Conference CADEK Media - Stellenbosch, 30 August
- Free business breakfast Hirsch's Fourways - Fourways, 30 August
- Project Reclaim - Cape Town, 1 September
- Technical report writing Insite Training - Honeydew Roodepoort/Randburg, 4 September
Click here to customise your events section
"Always play for the worst case scenario. If it is the best you'll win anyway. (via adland)" - Dave Trott "I always wanted to be somebody, but now I realize I should have been more specific. (via Brainy Quote)" - Lily Tomlin "The death of advertising? I think that's in the book of Revelation. It's the day when people everywhere become satisfied with their weight, their hair, their skin, their wardrobe, and their aroma. (via directcreative)" - Jef I. Richards "There is only one success - to be able to spend your life in your own way. (via daringtolivefully)" - Christopher Morley "You must make the product interesting, not just make the ad different. (via directcreative)" - Rosser Reeves
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