22 Oct 2012

Retail | South Africa

 

On a winning streak

Amidst a wide range of forecasts for August's retail sales stats (some as low as 2.4% and others at 5.9%, with the average being 4.6%), trade at constant prices surprised all and came in at 6.4% year-on-year. However, on releasing its diluted HEPS, Clicks maintains consumers are still under pressure.

In wine country, SA scores its fair share at the IWSC 2012, while Nigeria gets a taste of our local wines first hand, and Obikwa is capped as SA's Best Value Chardonnay in the US.

The Times Sowetan have released the results of the country's favourite retailers, with Shoprite taking pride of place once again this year. Congratulations to all the winners!

Enjoy the rest of your 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


CEO change at Pick n Pay, reviewing possibilities
[Gugulethu Mhlanga] The recent announcement by Pick n Pay that Richard Brasher, former Tesco CEO, is to take over in February next year is an interesting show of faith in his ability to reinvent himself. This is not an attempt to criticise or applaud the appointment, but it warrants comment when a CEO, who has exited his position with a bit of a whimper rather than a bang after only one year at the helm, moves halfway around the world to head up an operation in a very different social and economic landscape. Read more >>

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Banking & finance


kalahari.com adds CreditCart, instant financing
kalahari.com, South Africa's leading online retailer, has added CreditCart, a new online payment system that offers instant financing for shoppers. Backed by Direct Axis, with shareholders including FirstRand Bank and global financial services company Yellowwoods, CreditCart is an instant personal loan facility. Read more >>

Brand news


Taste Holdings interim results reveal sales increase of 54%
CEO of Taste Holdings, Carlo Gonzaga in announcing the group's interim results to end-August 2012, stated that establishing distribution depots in Cape Town and Gauteng, with a third being commissioned for KwaZulu-Natal, laid a platform for the specialist franchisor to achieve substantial long-term growth. Read more >>

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Others likely to follow in SABMiller's footsteps
HARARE, ZIMBABWE: Other powerhouse commercial beer industry players such as Brandhouse are likely to follow in the footsteps of global brewer‚ SABMiller‚ which has expanded its Chibuku brand into the rest of Africa. Read more >>

SA wines triumph in IWSC Southern Hemisphere results
The Southern Hemisphere wine results of the 2012 International Wine & Spirit Competition (IWSC) were released in London on 12 October 2012. Read more >>

Commercial property


JVs best for local property expansions in Africa
[Thabang Mokopanele] Local property companies looking to expand into Africa should look at doing so via joint ventures with seasoned developers on the continent like Atterbury‚ Alternative Real Estate fund manager Maurice Shapiro advised on Thursday, 18 October 2012. Read more >>

Corporate social investment


CRM


Woolworths Foods leads Orange Index Awards
The 2012 Orange Index Customer Service Benchmarking & Social Profiling Awards, held last week in Johannesburg, saw Woolworths Foods win the overall award and the Food Retail category, for the fourth time. Overall runner-up was BMW, followed by Pick n Pay, Woolworths Clothing and Sanlam. Read more >>

Exhibitions & events


Tracking corporate ownership, new data techniques can reveal secrets
Highly interconnected global companies have exploded in complexity and power and increasingly affect our lives for good and bad, yet in tandem with this growth, corporate governance has weakened, while the opacity and complexity of this corporate world is a key enabler of corruption, tax avoidance and organised crime. Read more >>

Nigeria gets taste of South African wines first hand
In its first business-to-business showcase, 10 South African wine producers participated in the South Africa-Nigeria Week, held in Lagos earlier this month. The Nigerian wine market is valued at around US$300 million a year. Read more >>

Fashion, clothing & textiles


New boutique, Summer Show for Casa Labia
An African fashion and gift boutique opens at Casa Labia Cultural Centre this summer and 13 December 2012 marks the beginning of the 'The Summer Show' at the Casa Labia Gallery, curated by Joao Ferreira. Read more >>

Green sustainability


Planned economic degrowth could improve sustainable development
In his chapter, "The Path to Degrowth in Overdeveloped Countries", Worldwatch senior fellow and state of the world 2012 project co-director, Erik Assadourian describes the benefits and opportunities of proactive "economic degrowth", defined as the intentional contraction of overdeveloped economies and more broadly, the redirection of economies away from the perpetual pursuit of growth. Read more >>

Hospitality


Import/export


Regulatory


Research


Retail sales growth higher than expected in August
Retail trade sales growth surprised to the upside on a year-on-year basis in August‚ suggesting that consumer demand will continue to drive economic growth in 2012. Read more >>

BMi report takes the biscuit
The latest BMi research feedback report indicates that the biscuit market in South Africa has not performed well during recessionary times. Read more >>

Retail marketing


[Biz Takeouts Podcast] 42: The Bookmarks 2012 - shortlist of finalists
Find out more about the annual digital industry awards ceremony, The Bookmarks 2012 taking place on 1 November 2012 in Cape Town, by listening to last week's podcast of the Biz Takeouts Marketing & Media radio show which airs every Thursday 5pm-6pm, streamed live via 2oceansVibe Radio. [twitterfall] Read more >>

TFG announces gift card design competition winner
South African retail fashion brand, TFG (The Foschini Group), on Friday, 12 October 2012, hosted a prize giving lunch for the top three gift card designs, following a call to design students at top local tertiary institutions to redesign its gift cards. Read more >>

Retail trends


McKinsey report on retailing trends in emerging economies
McKinsey has released a report entitled 'From oxcart to Wal-Mart', which highlights that to get products to customers in emerging markets, global manufacturers need strategies for navigating both the traditional and the modern retail landscapes. The report references South Africa and its retailing strategies. View the report here.

Retailers


Favourite retailers revealed, Shoprite takes Grand Prix
Now in its fifth year, The Times Sowetan Retail Awards have selected South Africa's top retailers from extensive consumer research generated by TNS over a 12-month period. The results reveal where South Africans have chosen to buy their everyday and luxury items with a significant shift towards purchasing from wholesale retailers. Read more >>

Consumers remain under pressure: Clicks
[Annaleigh Vallie] Even though customers bought more small luxury items such as beauty products and vitamins from the Clicks Group this year‚ consumers remained under pressure and continued to seek value‚ CE David Kneale said on Thursday, 18 October 2012. Read more >>

Security


Online sales benefit from strong payment gateway
[Peter Harvey] A payment gateway provider is one of the most important partners for companies using online transactions. It's the vital interface between the company, its customers and their bank that ensures customers get what they want, safely and conveniently and that the company is get paid on time. Read more >>

Shipping & transport


Income from freight transport up 4% in August
Income from freight transportation for August increased by 4.0% compared with August 2011‚ data from Stats SA on Monday, 22 October, showed. Read more >>

Supply chain


GIBS calls for round table discussions on supply chain
The Gordon Institute of Business Science (GIBS) has launched a Supply Chain and Logistics Executive Round Table initiative, aimed at bringing companies together to share best practices in supply chain management and drive global competitiveness. Read more >>

Technology



International
India central bank examining Wal-Mart allegations
NEW DELHI, INDIA: India has asked its central bank to examine allegations that US retail giant Wal-Mart has illegally invested in Indian supermarkets since 2010, the Press Trust of India reported Thursday. Read more >>

New Saatchi & Saatchi New Zealand campaign for L&P
Trying to describe what L&P tastes like is tackled in a distinctly kiwi way this week in the new Saatchi & Saatchi campaign for L&P. The kiwi brand has launched four new 15-second TV spots with the 'Bit Different Aye' campaign, which follows an online competition on its Facebook page. Read more >>

EU tells Google to fix privacy rules or face fines
PARIS: European data protection agencies on Tuesday, 16 October 2012, said Google's new privacy policy does not comply with European Union laws and told the US Internet giant to fix it within months or face legal action. Read more >>

Novelist Mantel makes history with second Booker Prize
LONDON: British novelist Hilary Mantel on Tuesday, 16 October 2012, made literary history by becoming the first woman and the first British author to become a two-time winner of the Man Booker Prize for fiction. Read more >>

More International...


Company news

Exhibitions & events


A personal reflection on Sustain our Africa - Sustain Our Africa
[Paul Clements-Hunt] Almost three years ago to the day that Sustain our Africa (SOA) will launch in late October, my former organisation, the United Nations Environment Programme Finance Initiative (UNEP FI), convened its 2009 Global Roundtable (GRT) in Cape Town to coincide with the City's first Green Week. Read more >>

FMCG


Dentyne's fresh new flavours splash onto the scene - Kraft Foods South Africa
Dentyne is introducing two new refreshing flavours to its envelope slab gum range: Dentyne Strawberry Passion and Dentyne Spearmint. Following the launch of the Dentyne 'Xtra Care' range in April, and launch of Dentyne's first slab gum offering, 'Xtra Care Citrus' in July, the 'Good For Teeth' brand now has even more to offer South Africans. Read more >>

O and Dentyne "Good Choices" winner announced - Kraft Foods South Africa
O, The Oprah Magazine and Dentyne are proud to announce the winner of the Good Choices campaign. Annemarie Robbertse, from Gauteng, walked away with the main prize: R100,000 towards the good choices she outlined on her good choices board. Read more >>

Logistics


Supply Chain Roundtable will drive global competitiveness - IMPERIAL Logistics
Knowledge sharing is critical for South African businesses aiming to compete successfully in the global marketplace, where increasingly complex supply chains, cost constraints and sustainability are among the challenges. Read more >>

Packaging


Clover's new carry handle is way better - Nampak
Clover's new Prisma carry packs are way better, thanks to a reinforced handle, which has been added to the wrap-around supplied by Nampak Corrugated. Read more >>


Galleries
College of Beer

More


Government
A Rolls Royce paid with shoddy houses
[Matthew Savides and Bongani Mthethwa] Building contractor Mabongi "Shauwn" Mpisane had just turned 22 when she was registered as a shareholder in a company that would eventually bag several huge government contracts. To date the company, Zikhulise Cleaning, Maintenance and Transport, has been awarded about R500m worth of municipal and provincial government tenders to build low-cost houses, schools and renovate hospitals. Read more >>

SA gains ground on Mauritius
In the race between Mauritius and South Africa for the most investor-friendly holding company regime for private equity, South Africa is gaining ground on its island rival. An analysis of the impact of South Africa's latest efforts to establish itself as an attractive gateway into Africa shows that the country is narrowing the gap in terms of tax and exchange controls, says Doelie Lessing, director in corporate tax at Werksmans Attorneys. Read more >>

South Africa should look to the South
PRETORIA: South Africa's prospects for growth and development will depend increasingly on diversifying and strengthening of economic links with countries in the south, said Trade and Industry Minister Rob Davies. Read more >>

Investment opportunities exist in Zimbabwe: Thabethe
PRETORIA: Zimbabwe has numerous investment opportunities and it is up to business to turn these opportunities into tangible economic benefits, says Trade and Industry Deputy Minister Elizabeth Thabethe. Read more >>

Praise for SA tourism sector
PRETORIA: President Jacob Zuma has congratulated the South African tourism sector following news that South Africa has increased its tourism figures. Read more >>

More Government news...


BizLounge
Remix your version of A-trak's "Money Makin" and win
Calling all producers - win yourself a #5GumExperience by remixing and submitting your version of A-trak's "Money Makin". A-trak will judge all submissions and the winner and a mate will be flown to the 5 Gum SA gig either in Jozi or Cape Town, put up in a hotel, and will get to meet the man himself. Read more >>

More BizLounge news...


Jobs offered
Retail division manager - Johannesburg
Scan Retail Solutions is looking for someone with extensive project management and sales experience to grow its retail division in Johannesburg. Send CV's to heather@scandisplay.co.za. Read more >>


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New events to diarise

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Quotes
"Empowerment is dignity and it is achieved through respect and trust. Empowered people are greater citizens of the world. (via bossoftheyear)" - Ian Heyns
"Talent hits a target no one else can hit; Genius hits a target no one else can see. (via Quotes4All)" - Arthur Schopenhauer
"Never stop asking questions and keep listening - nobody learnt anything by talking. (via bossoftheyear)" - Dr John Maree
"If you want a thing done well, do it yourself. (via Quotes4all)" - Napolean
"There is simply no substitute for the power of presence. (via bossof theyear)" - Brand Pretorius


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