8 Oct 2012

Retail | South Africa

 

Climbing the retail ladder

The who's who in worldwide brands were named last week when Interbrand released the results of its 2012 Best Global Brands survey. Coca-Cola, valued at a whopping US$77 billion, retained its global dominance, while Apple's string of must-have gadgets helped bounce the brand into its new #2 spot.

On home soil, Demographica give retailers seven reasons why they should be using digital direct marketing; and Woolworths launches the second edition of its Design Resource Guide.

With the retail industry making up 15% of SA's GDP, it's not hard to see why Retail Relate's Leigh Blochlinger is encouraging the youth to follow a career path in retail. Speaking of retail careers, Pick n Pay has finally found the right man to take the helm - former Tesco board member Richard Brasher will assume the role of CEO from February next year. Congratulations!

Have a wondrous week!


Shan Radcliffe, Group Head - Retail
Please send retail news to: retailnews@bizcommunity.com
Responses to this column welcomed in our new online editor's column archive.
Image: FreeDigitalPhotos.net

Top stories


Editorial news

Retail


Retail offers career prospects as fourth largest contributor to GDP
[Leigh Blochlinger] The career path within retail goes beyond cashiers, packers and sales assistants as the industry has an annual turnover of R1.1-trillion, employs 1.8 million of South Africa's active workforce and at 15% of South Africa's GDP, is the fourth largest contributor to the GDP. Read more >>

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Consumer spending on fast food increases
[Annaleigh Vallie] Consumers may not be as cash-strapped as analysts predicted if trading updates from two fast-food operators yesterday, 1 October, are anything to go by. Plagued by rising fuel and electricity costs‚ many analysts had predicted that consumer spending would slow. Read more >>

Banking & finance


FNB seals deals with mPowa, Mxit
First National Bank (FNB) said yesterday, Tuesday 2 October 2012, it planned to introduce a new mobile payment device for merchants following an agreement with mPowa‚ the first company to introduce the technology in the UK. The bank's eWallet service has also been integrated by Mxit into Mxit Money‚ its mobile commerce platform‚ to create FNB Moola+. Read more >>

Brand news


Interbrand Best Global Brands 2012 survey results announced
[Gaelyn Scott] The results of the Interbrand Best Global Brands 2012 survey were announced at an event in Johannesburg on Wednesday 3 October 2012. Read more >>

Public private partnership saves Molteno
Molteno, in the Eastern Cape, is the home to the original creator of Ouma Rusks, Elizabeth Anne Greyvensteyn and where today the Foodcorp factory, employing over 250 people, is based. In 2011, faced with the need to replace the roof of the 40-year old factory, Foodcorp had to weigh up the disadvantages of staying a poverty-stricken, underserviced town vs moving to its modern Randfontein factory. Its decision to stay is a testament to a successful public private partnership (PPP). Read more >>

Capitalworks invests in consumer food market
The decision by Capitalworks to acquire a majority interest in the privately owned Rhodes Food Group‚ represents the first foray by this independent South Africa-based alternative asset manager into the consumer food market. Read more >>

John Drinkwater to head up Cerebos
John Drinkwater has been appointed as the new managing director at Cerebos from 1 October 2012. Part of his ten year career with the company includes an integral part in the commissioning of the company's new state-of- the-art plant in the Coega Industrial Development Zone. It is the only pure vacuum-dried (PVD) salt facility in sub-Saharan Africa. Read more >>

Commercial property


Redefine swap offer remains for Fountainhead Property Trust unitholders
At a 20% premium over the Fountainhead Property Trust portfolio's net asset value, the Redefine share swap offer remains unchanged at 3 Hyprop units and 62.5 Redefine units for every 100 Fountainhead units. Read more >>

Commercial property façade maintenance adds value, tenant retention
A commercially viable building may develop vacancies because of problems created by a defunct façade or a façade that does not possess what is seen as a 'timeless design'. For example, buildings in an office park with a particular theme may become dated over time, as architectural trends change. Read more >>

Exhibitions & events


Enterprise Development Conference to unpack B-BBEE Amendment Bill
On 7 November 2012, the EDC, previously known as the Enterprise Development Expo, offers a full day conference at Wanderers Club, Johannesburg that will unpack the B-BBEE amendment bill and enable delegates to understand the implications of the new supplier development pillar. Read more >>

New SA Industry and Technology Fair
Based on market research over the past three, years, Exhibition Management Services (EMS) has announced the launch of a European-style trade event, the South African Industry and Technology Fair (INDUTEC) to be held at Gallagher Convention Centre from 14-16 May 2013. Read more >>

Fashion, clothing & textiles


FMCG


Green sustainability


Research


Yoghurt market shows good growth - BMi
BMi has released two new reports as part of its 2012 Food Feedback series - Yoghurt and Drinking Yoghurt. Read more >>

Retail marketing


Seven reasons why retailers should use digital direct marketing
In the midst of an economic downturn, retailers today need to explore effective marketing options that speak to an ever-growing community of mobile and digitally savvy consumers. In trying to get a handle on what drives consumers in the retail space, Demographica undertook two years of research into the retail industry and retail advertising as part of its commitment to building global best practice. Read more >>

Retail services


Retailers


Local manufacturer thrives despite eastern competition
Despite the challenges of cheap imports from the East and China in particular and the growing costs of manufacture and labour, K-Way, a division of the Cape Union Mart Group, has succeeded in thriving in the outdoor clothing industry. Read more >>

Pick n Pay stocks running low, petrol supply tight
Retailer Pick n Pay warned on Thursday that it was running low on some goods at its stores due to the truck drivers' strike. Read more >>

Pick n Pay gets new CEO‚ shares jump over 4%
Retailer Pick n Pay (PIK) announced on Wednesday, 3 October 2012, it had appointed Richard Brasher‚ the former UK-based Tesco board member‚ as its new chief executive with effect from 1 February next year. Read more >>

Woolworths launches second edition of Design Resource Guide
Woolworths has released its second edition of its Design Resource Guide for high school design and visual arts teachers. It features case studies from some of the world's best design practices including local and international designers. Read more >>

Shipping & transport


Port workers strike deadline looms
Workers at railways and ports will know by Friday whether they can join an ongoing strike by truck drivers, the SA Transport and Allied Workers Union (Satawu) said. Read more >>

Technology


Smart phones talk to Bordeaux wine labels
The Bordeaux Wines Council (CIVB) in France, has awarded Kasual Business, a Bordeaux company that makes mobile apps for the wine sector, a 3-year tender by for its mobile lead application: Smart Bordeaux, which went into production at the beginning of September 2012. Read more >>


International
Facebook to allow users to highlight posts for fee
NEW YORK, US: Facebook has begun testing a new feature that would allow users to increase the visibility of their posts for a fee, in what appears to be a new bid to add more profitability to the social network. Read more >>

Eurobest celebrates 25 years with world-class jury presidents
LISBON, PORTUGAL / LONDON, UK: Organisers of the European Festival of Creativity, Eurobest, have today announced the impressive line-up of distinguished jury presidents, who, along with Sir John Hegarty, will lead ten juries in the award's 25th year. Read more >>

Comment: Deutsche Telekom's T-Mobile USA acquires MetroPCS
LONDON, UK: Mike Roberts, principal analyst at Informa Telecoms & Media, comments on Deutsche Telekom's T-Mobile USA acquiring MetroPCS. Read more >>

Pentawards 2012: The winners
PARIS, FRANCE: The international jury of Pentawards, the first worldwide competition devoted exclusively to packaging design, chaired by Gérard Caron, has announced its 2012 winners. Read more >>

August 2012 US mobile subscriber market share
RESTON, US: comScore, Inc, a leader in measuring the digital world, today released data from the comScore MobiLens service, reporting key trends in the US mobile phone industry during the three month average period ending August 2012. Read more >>

More International...


Partners
Towards a zero energy home
"Imagine living in a home that treads lightly on the environment...'', generates its own electricity, heats and cools itself and consumes very little electricity while thinking for itself.... well that's the home of today and that's the home that you can invest in...!" Alastair Armstrong, Electrical Engineer. Virtually everything we interact with in the home involves energy (think of it as money) at one level or another, writes Roger Metcalfe. Read more >>


Company news

Corporate social investment


Tiger Wheel & Tyre and SANBS go after blood - Tiger Wheel & Tyre
Every year Tiger Wheel & Tyre teams up with the SA National Blood Service (SANBS) to campaign for South Africans to voluntarily donate their blood. The nationwide 'Be A Hero' campaign runs from 1-31 October and is an effort to shore up the SANBS's blood stocks prior to the advent of the festive season, when these supplies are in high demand. Read more >>

Exhibitions & events


Sustainability pioneers unite in Cape Town to stimulate change - Sustain Our Africa
For the first time in Africa, over 100 influential thought leaders from the continent and beyond will gather in Cape Town for the first Sustain our Africa Summit, Expo and Festival in October this year to debate and present solutions to the biggest question of all: Can Africa deliver enough for all, forever? Read more >>

Retail marketing


A colourful judgement - Adams & Adams
[Thalia Le Roy] A brief overview of a court case involving two renowned fashion houses - Christian Louboutin versus Yves Saint Laurent American Holdings Inc. Read more >>


Galleries
Jameson SAFW Opening Party

More


Government
Police winning fight against crime - Mthethwa
The crime statistics which were released recently are an indication that police are winning their war against crime, Police Minister Nathi Mthethwa says. Read more >>

Zuma explains Cele's axing
President Jacob Zuma fired General Bheki Cele because of his "dishonest" role in the awarding of a R1.7 billion contract for police accommodation, the City Press reported on Sunday. Read more >>

Transport strike hits economy: Busa
Business Unity SA expressed concern on Monday at the economic effects of the road freight industry strike. Read more >>

Start buying e-tags - minister
[Vusi Xaba] Gauteng motorists should start buying e-tags, Transport Minister Dikobe Martins said. Martins was launching October Transport Month in Soweto. Read more >>

Economy's supply lines threatened by truckers' strike
The nationwide strike by about 20 000 truck and freight drivers is in its second week and threatens to further choke South Africa's fragile economy. Read more >>

More Government news...


Motoring
Nifty hatches added to Cruze range
[Henrie Geyser: motoring editor] Chevrolet has given its popular Cruze brand extra muscle in the shape of an attractive new hatch addition to its sedan range which will no doubt strengthen its grip on the highly competitive C segment of the local car market. At the same time, it has also added some extra power to its sedan engines and prettied the cars up with some fancy cosmetic surgery. Read more >>

Slight dip in new car sales
[Henrie Geyser: motoring editor] The South African new vehicle market was down 2% on August but slightly stronger than September last year according to the National Automobile Association of South African (Naamsa). Read more >>

More Motoring news...


Travel
St James... Charm, comfort... and even the weather report
[Brian Berkman: contributing editor, travel] The St James on Venice is a 15-roomed hotel built into one of the many grand Morningside houses. The suburb has a leafy, old-moneyed feel about it and is also home to many embassies and The Kings House, the Presidential Residence. Read more >>

[10 Things I Love About...] Maputo
[Brian Berkman: contributing editor, travel] Mozambique is a country rich in culture and unspoiled beauty. It is truly an up-and-coming destination for both business and leisure and the Carlson Rezidor Hotel Group's recent expansion into this fast-growing African paradise reinforces our investment into the continent. The ultra-modern Radisson Blu Hotel Maputo overlooks the Indian Ocean and is within easy reach of Maputo's bustling city centre. Read more >>

More Travel news...


Jobs offered

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New events to diarise

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Quotes
"A clear provenance and country of origin gives brands the distinct advantage of authenticity. (via warc)" - Rosi McMurray
"Simplicity is the ultimate sophistication. (via Good Reads)" - Leonardo da Vinci
"Just because something doesn't do what you planned it to do doesn't mean it's useless. (via goodquotes)" - Thomas A. Edison
"The first mistake of art is to assume that it's serious. (via Brainy Quote)" - Lester Bangs
"From market-place results that I've both caused and witnessed first-hand, one thing is certain - your failure to act may be your competitor's gain. (via warc)" - Phil Barden


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