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Integrating retail and etail

Google held the continent's first Think With Google Retail Summit in Cape Town last week. The key takeaways focused on SA retailers needing to learn from past, move quickly, take inspiration from global leaders and move forward with an omnichannel mindset.

Similarly, contributor Julia Ahlfeldt explains why physical and online retail should not work as opposing forces, instead, they're best operating in tandem. While Sylvain Charlebois details why grocers should prepare to 'join the blockchain party'.

In other top news, luxury goods group Richemont, owned by SA billionaire Johann Rupert, has announced a global strategic partnership with Alibaba Group which will see the launch of a luxury goods platform for the Chinese market. And Fraym has released a report providing detailed insights into key African markets that will help companies accelerate their growth on the continent.

In other research news, a report by Black-Friday.Global reveals that 87% of South Africans know what Black Friday is and 66% are willing to participate in the shopping spree this year, with an average spend of R1,600 expected per shopper.

The results of the annual Sunday Times Top Brands survey were announced last week, seeing Koo, Ogilvy and Discovery Health take top honours. And congrats to Tanqueray and Craft Link Distillery's Ginologist Floral Gin for coming out tops in Sunday Times Lifestyle Gin Awards.

Until next week!

Lauren Hartzenberg
Retail Editor: Bizcommunity.com



Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news".



#GoogleRetail: Learn from the past then act swiftly to win at retail
As South African consumers place an increasing premium on the goods they buy, it's more important than ever that retailers give them the best possible customer experience... read
Richemont and Alibaba team up for luxury e-commerce venture
Richemont, owned by SA billionaire Johann Rupert, has announced a global strategic partnership with Alibaba Group which will see the launch of a luxury goods platform for the Chinese market... read
Retail and etail to work as a team not the opposition

JULIA AHLFELDT

In South Africa, going to a mall is part of our culture - particularly in Johannesburg where there seems to be a mall on every street corner. Malls entertain visitors with restaurants and coffee shops...read
Reaching Africa's most valuable consumer markets
The African consumer class is one of the largest remaining prizes for consumer-facing companies and investors in the world, according to geospatial data company Fraym...read
Average SA shopper to spend R1,600 on Black Friday sales
Eighty-seven percent of South Africans know what Black Friday is, and 66% are willing to participate in the shopping spree this year...read
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Quotes
Tracee Ellis Ross
"I'm trying to find a little joy and happiness, a lot of giggles - and maybe some pretty shoes."
Edgar Allan Poe
"We loved with a love that was more than love."
Ciara
"If you don't embrace who you are and accept who you are, you won't be able to live a happy life."
Ryan Reynolds
"When you have expectations, you are setting yourself up for disappointment."
Zac Posen
"There's a reason good fabrics have a cost. They're done with good quality to last."

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