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Retail

It's a UFO... no it's a Smart Drink!

Turned out Joe Public United, in partnership with clients Clover & FutureLife, created the extensive one-week integrated experiential launch campaign that got everyone tweeting (using #UFOSA and #jozilanding) to grab consumers' attention for their latest on-the-go snack called Smart Drink.

Pareto Limited announced its newly established property management company, Mowana Properties to manage R30bn of its own directly-held property assets as well as that of the Public Investment Corporation. While multi-asset emerging market investor, Actis is acquiring a substantial minority stake of R760m ($54m) in Food Lover's Market.

Other retailers making headlines: Truworths announced its acquisition of UK footwear retailer Office Retail Group; Edcon has won approval to extend the due dates of its bank debt totaling approximately R7.9bn; and Totalsports Women launched in South Africa at Cavendish Square in Cape Town on Wednesday.

Jessica Taylor, Retail Editor (@Biz_Retail)
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Weekly top stories
BREAKING: Truworths CEO designate hands in resignation

NEWSWATCH: Truworths CEO designate Jean-Christophe Garbino who was named the successor to Michael Mark last November and joined in March this year has resigned... Read

Actis invests R760m in Food Lover's Market

Actis, a multi-asset emerging market investor with headquarters in London, has announced an investment of R760m ($54m) in Food Lover's Market. The private equity firm is acquiring a substantial minority stake in the business and... Read

Totalsports Women officially open for fitness

Totalsports Women launched in South Africa at Cape Town's Cavendish Square on Wednesday, 2 December. As the only multi-branded store of-its-kind in Africa, women now have premium international active wear brands to choose from, while making use of expert running services in-store. Read

Kanonkop's Abrie Beeslaar announced world's top winemaker

NEWSWATCH: For the second time, Kanonkop cellarmaster Abrie Beeslaar was announced as Winemaker of the Year at the International Wine & Spirit Competition (IWSC) gala award ceremony held in London on Thursday, 26 November... Read

Africa Internet Group face shake-up with e-commerce MDs in Nigeria

Paul Adepoju

Major e-commerce backer Africa Internet Group (AIG) has quietly faced an overhaul of leadership of its online shopping plays in Nigeria... Read

Mowana Properties to manage R30bn of Pareto and PIC directly-held property assets

Pareto Limited today announced its establishment of a new property management company - Mowana Properties... Read

The truth about #UFOSA

All has been revealed regarding the #UFOSA spotted in the sky over the weekend. Turns out it was a campaign for Clover's new product, Smart Drink... Read

Glum retail season ahead for shoppers

The sound of Boney M's Christmas album wafts through the air, stores are stacked to the rafters with gift offerings and malls give the impression of a jackpot festive season for SA's retailers... Read

Amazon gives glimpse at new delivery drone design

SAN FRANCISCO - Amazon provided a glimpse into the future of online shopping in a video of a new delivery drone that racked up more than two million views by mid-Monday... Read

V&A's rooftop solar system operational

Sustainable Power Solutions with partners SolarWorld Africa, SMA Solar Technology South Africa and Schletter South Africa, has installed a rooftop solar system at Cape Town's V&A Waterfront... Read

Truworths to acquire UK footwear retailer

Truworths is acquiring the Office Retail Group, a fashion footwear retailer in the UK, for £256m... Read

Edcon cuts debt by R4.5bn

Apparel group Edcon says it has won agreement with all of its bank lenders to extend the due dates of its bank debt of more than R7.9bn... Read

Retail Trends
2016: Year of the consumer snitch

Aki Kalliatakis

Never waste a good crisis - this advice to business leaders was bandied about during the global financial meltdown and subsequent recession. Well, another crisis is on the way and winners and losers across our economy will be determined by whoever seizes or wastes the opportunity... read
Banking & Finance
Latest interest rate hike will exacerbate debt levels, policy forum told
The government could do more to incentivise saving while working to reduce household debt in order to get the economy back on track, says the African Institute of Financial Markets and Risk Management at UCT... read
Commercial Property
Giuricich Bros clinches mall building contracts
Giuricich Bros Construction has increased its presence in the retail development sector by securing the lucrative building contracts for the new 45,000m² Springs Mall at Blue Crane Eco Park and the 15,000m² expansion of Vaal Mall... read
CSI
Call to apply for bursaries
The Shoprite Group is providing financial study assistance for pharmacy-, accounting- and retail-related university and technical degrees, and also to matriculants, but only a few bursaries are left, so those who have not yet been successful in raising funds for their studies next year need to apply now... read
Millionth Wonderbag sold
November marked a major milestone for a simple heat-retention bag that, to date, has achieved remarkable things... read
E-commerce
Footwear proves good e-sales fit for TFG
Shoes, electronics and homeware gifts are among The Foschini Group's (TFG's) top e-commerce sellers... read
Fashion, Clothing & Textiles
G-Star RAW to launch women's concept store in Joburg tomorrow
Global denim brand G-Star RAW will open its first store in South Africa tomorrow, featuring a unique retail concept for female consumers - G-Star Women... read
FMCG
Sale of leading brands likely as beer giants make deal easier to swallow
SABMiller would probably need to sell top European brands Peroni and Grolsch to gain competition authority approval for its proposed merger with Anheuser-Busch InBev (AB InBev), the parties said yesterday... read
Non-traditional beer drinkers are drinking more beer, says Bierfest organiser
Thirsty South Africans are increasingly quenching their craving on craft beers. So much so that by 2017 predictions are that 18 million litres will be lapped up by consumers, as microbreweries malt and mash their way to increased market share... read
Distell named Distiller of the Year for 2015
Distell has been judged the International Wine & Spirit Competition's (IWSC) Distiller of the Year for 2015. This is the second time the Stellenbosch-based company has triumphed against famous-name whisky, whiskey and cognac producers across Europe, North America and Asia... read
Franchising
Famous Brands faces new era as CE quits
After 16 years with the food franchisor, Famous Brands CE Kevin Hedderwick will retire... read
Gold Brands Investments to list on JSE
Gold Brands Investments, owner of South African fast food franchise Chesa Nyama, has announced its intention to list on the Johannesburg Stock Exchange AltX, which will make it the only fast food retail company on the AltX... read
Famous Brands' Hedderwick to retire in February 2016
Green Sustainability
Solar powers heart of winery
The carbon footprint of your next glass of wine could soon be trimmed after a major South African wine manufacturer unveiled a project to reduce its annual carbon emissions by 1200 tons of carbon dioxide... read
Logistics
Optimise your service levels this festive season, DHL executive advises retailers
The e-commerce shopping experience is increasingly becoming a popular option for consumers during the festive season. Retailers therefore need to pay careful attention to their supply chains during this period, as operations and delivery are the key to client satisfaction, maximising brand exposure and increasing revenue... read
Manufacturing
Q4 manufacturing business confidence stable at 34
Manufacturing business confidence is stable in this quarter, but challenges remain for the sector, an index has shown... read
Packaging
Pharmaceutical labelling: multiple languages, one solution

Issued by Pyrotec

The pharmaceutical and healthcare industry faces a range of packaging and labelling challenges, from protecting sensitive biopharmaceuticals to preventing counterfeiting. One major hurdle is catering for multi-national markets... read
Research
Analysing the youth market
The recently released Ask Afrika Youth Brands Awards identified the top 21 brands that are used loyally amongst those aged 15-34, irrespective of background and living standards... read
Retail Marketing
[Biz Takeouts Podcast] 159: Agency focus with Mortimer Harvey
On the latest Biz Takeouts Marketing and Media Radio show, host Warren Harding interviewed Luisa Mazinter and Andrew Fradd... read
Virtually step on stage with Jack Parow and Riky Rick and PUMA VR
PUMA's #Represent698 campaign enters the world of 360° virtual reality with the launch of PUMA VR... read
The four F-words of gamification: fun, fame and fortune for free on your phone

Candice Goodman, Issued by Mobitainment

Simply put gamification is the use of game thinking and game mechanisms in a non-game context. These were the key success factors in the recent multi-award-winning Red Bull Kas'Lami Tembisa campaign... read
It's all downhill from here - year-end 2015

Issued by Rocket Creative

The 2015 year has been a bit of a blur (an epic blur) for the Rocket Creative crew, and the final 'silly season' push is just as manic... read
Sales
Triumph International's turnover up 40%
After sales consolidation of the first three quarters of 2015, Triumph International, Bad Zurzach has reported a 40% year-to-date turnover growth of sales via electronic sales platforms (own e-commerce and e-tailers) in Europe... read
Security
Tips to avoid becoming a victim of cyber fraud this festive season
With millions of South Africans preparing to log on to do their shopping this festive season, gangs of cyber criminals are lying in wait to spoil the party by infiltrating networks and stealing money and identities. But you need not become one of the victims if you employ a pre-emptive practical strategy to mitigate the risks... read
Shopfitting
New Superspar opts for vinyl floors
The Superspar Eagle Canyon, on the corner of Christian de Wet and Scott Streets in Boskop, Roodepoort, has decided to install vinyl floors in its 2700m² store, instead of opting for more traditional floor coverings... read
International
Wearables market surge led by Apple, Chinese makers
WASHINGTON - The global market for wearable tech surged in the third quarter, fueled by the Apple watch and gains from Chinese manufacturers, a market tracker said on Thursday... read
Xi's tipple sends UK ale exports soaring
LONDON - British brewer Greene King on Wednesday said exports of its India pale ale (IPA) to China had increased sixteen-fold after President Xi Jinping was photographed enjoying a pint during his recent state visit... read
More International
Africa
First Builders Warehouse store opens in Zambia
Builders Warehouse has recently opened its first store in Zambia, which has created 156 jobs, at the East Park Shopping Mall, Lusaka. It is the sixth Builders Warehouse store outside of South Africa... read
More Africa
Business
Steps to create and maintain a great company culture

John Sanei

The internet has created two clear pockets of people: the hyper-informed consumer and the hyper-sensitive staff member... read
Jobs offered



New events to diarise
Service Design Thinking Fundamentals Cape Town
DesignThinkers Group - 7 Dec 2015, Cape Town


Festive Fun at The Atrium Berea
Mall Marketing Management - 15 Dec 2015 to 23 Dec 2015, Durban


Melrose House Antiques and Vintage Fair
Melrose House Antique Fair - 16 Dec 2015, Pretoria


South Africa Forex Expo
Savannah Services - 5 Feb 2016 to 6 Feb 2016, Johannesburg


Africa Energy Indaba 2016
Siyenza - 16 Feb 2016 to 17 Feb 2016, Johannesburg


Smart Procurement World 2016 Conference and Expo
Smart Procurement World - 8 Jun 2016 to 9 Jun 2016, Durban


African Stomach Trade Industry Conference 2016
Ntsiki Business and IT International (Paty) Ltd. - 5 Aug 2016, Cape Town


Commercial Equipment Africa Exhibition 2016
Guangdong Grandeur International Exhibition Group - 5 Aug 2016 to 7 Aug 2016, Johannesburg


Pro Sound and Light Africa 2016
Guangdong Grandeur International Exhibition Group - 5 Aug 2016 to 7 Aug 2016, Johannesburg


The 10th Annual Smart Procurement World Indaba
Smart Procurement - 13 Sep 2016 to 15 Sep 2016, Johannesburg


Quotes
Sri Chinmoy
"If failure has the strength to turn your life into bitterness itself, then patience has the strength to turn your life into the sweetest joy. Do not surrender to fate after a single failure. Failure, at most, precedes success."
Rudyard Kipling
"We have forty million reasons for failure, but not a single excuse."
Mia Hamm
"The backbone of success is...hard work, determination, good planning, and perserverence."
K. Abernathy
"There are opportunities for all of us, we just have to open our eyes and hold ourselves completely accountable"
Steve Maraboli
"If you want to find happiness, find gratitude."

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  Twitter
@InsideRetailau
Ted Baker makes it eight local stores, with first outlet locations launched https://t.co/uYJ5h5YTsV - Mon Dec 07
@NeilRetail
UK consumer spending slows in November despite Black Friday sales boom. https://t.co/TmgaGYX8ks - Mon Dec 07
@BDliveSA
Truworths CEO designate quits https://t.co/33E2XcvuFi - Mon Dec 07
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