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Retail

Weekly top stories
February food, beverage industry income up 6.6%

Total income generated by the food and beverages industry rose by 6.6% to R3.5bn in February 2014 compared with the same month in 2013‚ supported by a strong growth in income from food and bar sales‚ Statistics SA figures showed on Tuesday, 22 April 2014.

Read more >>

Unilever raid 'part of collusion probe'

Mark Allix

The Competition Commission‚ which conducted a search-and-seizure operation at the offices of Unilever SA in Durban‚ and Sime Darby Hudson & Knight in Boksburg‚ Gauteng‚ says it is too early to say what documents and electronic data were seized.

Read more >>

SMS delivers better retail experience

Charles Stretch

Although customers use their phones in stores for much, from managing shopping lists, browsing for recipes, price comparisons, additional product information and shopping on the go whenever they need to, they remain fickle and retailers need to prioritise mobile over more traditional forms of communication.

Read more >>

Location vital in successful franchising

Werner Hedder

Many people looking to open a business forget the golden rule of real estate - location, location, location. This is especially true for businesses that rely heavily on daily traffic in order to meet certain turnover objectives and even more so, when the stock that needs to be moved is perishable.

Read more >>

Joburg replaces London as Orange service hub for SADC

In May 2014, Orange will open a local Johannesburg warehouse to support the sales of products (smartphones, tablets, computers, gadgets and accessories) from its online store.

Read more >>

Creating shopping centres for consumers

Danette Breitenbach

A shopping centre is more than just bricks and mortar; it is a reflection of the evolution of consumers. Therefore, how a shopping centre's design reflects the values of its consumers plays an important role in its success.

Read more >>

Wholesale trade sales up 8.9% y/y in February

Wholesale trade sales rose 8.9% year on year in February compared with 8.7% year on year in January‚ Statistics SA data showed late last week.

Read more >>

SA February retail trade sales up 2.2% y/y

Retail trade sales measured in constant (2012) prices rose by a lower than expected 2.2% year on year (y/y) in February from a revised 6.4% (6.8%) y/y increase in January‚ figures from Statistics SA showed on Wednesday, 16 February 2014.

Read more >>

Emerging retail patterns in Africa

GfK, one of the world's largest research companies delving into the marketing trends around the way people live, think and shop, has released its research conducted in South Africa, Kenya and Nigeria.

Read more >>

Competition Tribunal ruling on Oceana deal

Amanda Visser

Fishing company Oceana has been ordered to sell Foodcorp's fishing rights along with its Glenryck brand‚ as a condition for approval of a transaction allowing Oceana to take over the fishing business of Foodcorp.

Read more >>

Townships are the new black

Danette Breitenbach

The township is no longer a foreign land far away and its story is no longer one of the haves and have-nots. Townships are rocking and they have been for a while, but not everyone has cottoned on yet.

Read more >>

SAB's soft drinks unit aims to cut 400 staff

Nick Hedley

The soft drinks division of South African Breweries (SAB) plans to cut more than 10% of its workforce in a restructuring programme aimed at reducing costs‚ SAB confirmed on Monday, 14 April 2014.

Read more >>


Retail
Retail sales slow down more than expected

Ntsakisi Maswanganyi

Growth in retail sales slowed more than expected to a four-month low in February‚ reflecting households' moderating spending as higher borrowing costs‚ and rising food and fuel prices eroded their disposable income. Read more >>

Banking & Finance
Managing credit ratings in business

Lee Bromfield

In business, it is essential to manage the factors that could affect one's credit rating, as a key determinant in credit lending is past behaviour. Read more >>

Brand News
Woolworths receives international Good Egg Award
The international farm animal welfare organisation, Compassion in World Farming (Compassion), has awarded a 'Good Egg' to Woolworths for its ongoing commitment to leading the free-range egg industry in South Africa. The award recognises organisations that have a written policy to source only cage-free eggs or egg products. Read more >>

Commercial Property
R4,66-billion acquisitions for Growthpoint
In a R4,66-billion transaction, Growthpoint has acquired a 34.9% stake in Acucap Properties and a 31.5% stake in Sycom Property Fund, which will give Growthpoint around 38% of the merged entity. Read more >>

Randburg Square Mall upgrade attracts tenants, visitors
Community invests in mall
eCommerce
Computicket launches online deals site
Computicket has launched a new online platform offering discounts and value-added deals on entertainment and travel, made possible by its long-term partnerships with leading entertainment promoters. Read more >>

Designer kids section opening at 2nd Take
2nd Take, which launched four years ago as a supplier of second-hand designer wear, will launch its kids' division in May 2014, prompted by the high demand for second-hand baby equipment and clothes. Read more >>

Exhibitions & Events
Have you registered as an exhibitor for Food Hospitality World Africa?

Issued by Fiera Milano

If not, here is why you should. Read more >>




FNB Wine Shows back in Free State, Limpopo
The successful FNB Wine Shows return to the Free State and Limpopo in July 2014. The eighth show takes place in Polokwane on 24 and 25 July and is followed a week later by the second show in Bloemfontein on 31 July and 1 August. Read more >>

FMCG
Rickety Bridge Foundation Stone launches white blend
Following on its Rhône-style red cultivars and the launch of its Rosé in 2013, Rickety Bridge has released its first white blend. The Foundation Stone 2013 White is a blend of 49% Chenin Blanc, 15% Grenache Blanc, 15% Ugni Blanc, 15% Roussanne and 6% Viognier, said to go well with fish, chicken, goats cheese salad, pork, veal and roast duck and retailing for approximately R85 at retailers and wine merchants.

Egging on Easter sales
Hospitality
Mauritius hosts Culinary Festival Bernard Loiseau
Mauritius hosted the ninth Culinary Festival Bernard Loiseau at Constance Belle Mare Plage from 31 March to 6 April 2014, when the finest Michelin-star chefs from Germany, Sweden, England, Switzerland and France teamed up with Constance island chefs to put their skills to the test and challenge them beyond their normal capabilities. Read more >>

Import/Export
PSG sets aside Curro rights issue funds

Phakamisa Ndzamela

Stellenbosch-based PSG Group said it had about R500m available for investments and would use the bulk of the funds to subscribe for a rights issue in its investment Curro‚ a fast-growing company that provides private education. Read more >>

Manufacturing
SABMiller's Africa sales slow growth

Nick Hedley

SABMiller's (SAB) fourth-quarter revenue growth fell short of analysts' expectations‚ sending the global brewing company's share price down by 2.21% on the JSE on Tuesday (15 April). Read more >>

SABMiller full-year group revenue up 3%
Retailers
Motor trade sales up 3.3% in February
Motor trade sales (measured in nominal terms and current prices) increased by 3.3% year-on-year in February‚ Statistics SA reported last week Read more >>

Pick n Pay releases first set of results under new CEO

Zeenat Moorad

Pick n Pay (PIK) on Tuesday, 15 April 2014, reported a 7.7% increase in turnover to R63.1bn for the full-year driven in part by an accelerated programme of new-store growth and cost cutting. Read more >>

Weak sales growth likely in Clicks' interims

Zeenat Moorad

Pick n Pay earnings up 24.4% to 138.5c

International

Honda's new ASIMO robot, more human-like than ever
NEW YORK, USA: It walks and runs, even up and down stairs. It can open a bottle and serve a drink, and politely tries to shake hands with a stranger. Meet the latest ASIMO, Honda's humanoid robot. Read more >>

Nokia recalls 30,000 chargers for Lumia 2520 tablet
HELSINKI, FINLAND: Finnish telecommunications company Nokia has recalled 30,000 chargers for its Lumia 2520 tablet because it could give customers an electric shock. Read more >>

Pentawards 2014 opens for packaging designs
TOKYO, JAPAN: The 2014 Pentawards have opened for international packaging design entries, with an early bird registration price of €150 to 25 April, with entries closing on 23 May 2014. Read more >>

Google buys drone for its stable
NEW YORK, USA: Google has bought Titan Aerospace, a manufacturer of solar-powered drones that could be used to boost Internet access to remote areas. Read more >>

IBM hammered on earnings slump
Zynga seeks to harvest players with mobile FarmVille game
GM seeks court protection from ignition lawsuits
New US-Spanish firm targets rich mobile ad market
MtGox bust, placed under administration
Dutch group ASML slashes forecast
Appy Awards deadline extended to Friday 25 April
GM has known about steering problems since 2011
Yahoo sees signs of growth in core business
Clio 2014 entry deadline extended
Peugeot Citroen reveals recovery strategy, shares slump
Korean man lets child starve while he's online

More International


Government

First black-owned steel mill in SA Agni Steel starts production

Mark Allix

Agni Steels South Africa this week fired up its furnaces at the Coega industrial development zone (IDZ) near Port Elizabeth‚ to start production at its R400m‚ state-of-the-art‚ mini-steel mill. Read more >>

Farm equity proposal is 'smoke and mirrors'

Paul Vecchiatto

The government's proposal that farm workers should get 50% of equity on a farm was "smoke and mirrors" and would not become policy‚ says Ruth Hall‚ professor at the University of the Western Cape's Institute of Poverty‚ Land and Agrarian Studies. Read more >>

Upgrades keep Metrorail on track
Gauteng Transport MEC Ismail Vadi claims Metrorail is well on its way to becoming the preferred public transport operator in high-volume corridors of the province. Read more >>

No blackouts foreseen but use power wisely
As South Africa moves to the high demand winter period Eskom says it does not foresee rolling blackouts, but has urged all consumers to use power sparingly. Read more >>

Roads death toll similar to previous years
Broadcaster lifts ban on DA adverts
Provisions of Information Act come into effect

Simone Gill, Mukelo Ngobese and Nabeela Latib

State pension fund gets new board, six months late

Carol Paton

The future is smart, and it's here

Gerald Naidoo

DA: 1 SABC: 0
Competition Tribunal allows Afgri, AgriGroupe merger
Employment equity report 'disappointing and superficial'

Bekezela Phakathi

SABC DA ad ban: The battle continues
Transnet applies for electricity licence

Razina Munshi

KZN's Easter road safety campaign
Minister orders an end to wards for the rich

Prega Govender and Monica Laganparsad


More Government news


Lifestyle

Dirty sexy funny

Eugene Yiga

Jack Hardcastle may not exist, but that hasn't stopped him from writing Dirty Words, a hilarious new comedy about sex. Read more >>

Luxurious Langaro

Ruth Cooper

It's a picture perfect Sunday morning in Camps Bay and I'm lying down on a concrete slab in approximately 4% of clothing, being hosed and scrubbed down by a wetsuit-wearing hands-of-steel warrior. Read more >>

Eat Out Zonnebloem Produce Awards winners
The 2014 winners of the annual Eat Out Zonnebloem Produce Awards were announced in a special ceremony at the Stellenbosch Slowmarket. Read more >>


Jobs offered




New events to diarise

African Utility Week/Clean Power Africa - 13 May 2014 to 14 May 2014 Cape Town
Visit the CTICC, 13 to 14 May, for the African Utility Week and Clean Power Africa Conference and Exhibition Read more >>

News Conference at Seafood Expo Global
GLOBALG.A.P. Foodplus GmbH - 7 May 2014 Brussels

Banking Customer Conference
Trade Conferences International - 14 May 2014 to 15 May 2014 Johannesburg

Green your home/guest house
Terra Firma Academy - 19 May 2014 to 26 Aug 2014 Johannesburg,Cape Town

Accredited fleet management training course
TransAuto Academy - 19 May 2014 to 22 May 2014 Randburg

Residential energy assessor
Terra Firma Academy - 20 May 2014 to 27 Aug 2014 Johannesburg,Cape Town

Omni-Channel Banking Conference 2014
Trade Conferences International - 28 May 2014 to 29 May 2014 Johannesburg

Global Transaction Banking Conference 2014
Trade Conferences International - 9 Jul 2014 to 10 Jul 2014 Johannesburg

Syntell Sustainability Forum 2014
Hypenica - 18 Aug 2014 to 20 Aug 2014 Cape Town

3rd European Ports and Shipping Conference 2014
United Market Insight - 18 Sep 2014 to 19 Sep 2014 Amsterdam


Upcoming events

Decorex Cape Town
Thebe Reed Exhibitions - 25 Apr 2014 to 28 Apr 2014 Cape Town

Design and trend forecast
Thebe Reed Exhibitions - 25 Apr 2014 Cape Town

Collectible Toy and Hobby Fair
Richies Model Cars - 27 Apr 2014 to 28 Apr 2014 Randburg


Quotes

Edwin Hubbel Chapin
"No more duty can be urged upon those who are entering the great theater of life than simple loyalty to their best convictions."
Albert Einstein
"Logic will get you from A to B. Imagination will take you everywhere."
Henry Ford
"There is joy in work. There is no happiness except in the realization that we have accomplished something."
Hannibal
"We will either find a way, or make one."

More quotes  Submit a Quote

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