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Retail News

Revealing personal information still inhibits online shopping
Consumers enjoy the convenience of shopping on the internet but even in the United States, where shopping on line has been around for some time, people are still cautious. Many South African consumers share the same sense of caution when it comes to handing out personal information over the internet. 28 Feb 2008
"Every customer experience is designed to endear customers to us," blogs Dale Wolf. "We give a perfect customer experience, even when it costs us to do so. We do this because it builds trust and people buy from companies they trust. If the conclusion is that you cannot trust Facebook, then you should either be very careful [about] what you share with them ... [or] vote with your feet." 28 Feb 2008
According to a report from the National Credit Regulator (NCR), credit bureaux held records for 16.9 million credit active consumers, as at 30 September 2007, with over a third of them holding a bad credit record. 28 Feb 2008
South Africa is looking forward to signing a number of bilateral agreements with France during a state visit by French President Nicolas Sarkozy this week. 28 Feb 2008
What's most important to consumers when making a purchase online? Personal identity. Consumers are taking more notice of their individual online security after a string of recent identity theft cases made major headlines. 28 Feb 2008
LG releases a 12.1 inch piano design number - The R200 notebook. 28 Feb 2008
MTN has reduced rates for international calls. MTN customers can expect to pay up to 60% less for calls to international destinations. 28 Feb 2008
Motorists are warned to brace themselves for another petrol hike next week, the highest increase South Africans have ever experienced. 27 Feb 2008
South Africa's inflation rate has risen sharply to 8.8% year-on-year in January 2008, coming in precisely in line with expectations said Econometrix economist Russell Lamberti. 27 Feb 2008
Here's a new Experience – and it's a world first for SA
HP in partnership with Digital Planet is launching HP Experience in South Africa and it will be the first of its kind concept retail store in the world. The new flagship store, located in Sandton City, will officially open on 1 April 2008. 27 Feb 2008
Health insurer Discovery's US firm Destiny Health will exit the American retail insurance market after major losses. 27 Feb 2008
South African agri-processing company Tongaat Hulett is in negotiations to supply Eskom with electricity generated at its plants, in answer to the government's call for co-generation projects by industrial players. 27 Feb 2008
New single-dose treatment of athlete's foot
Novartis has launched Lamisil® Film Forming Solution Once™– claimed to be the first single-dose treatment for athlete's foot in South Africa. 27 Feb 2008
Climate change is emerging as the latest threat to the world's fast declining fish stocks, which could affect millions of people who depend on the oceans for food and income, says a new report by the United Nations Environment Programme (UNEP). 27 Feb 2008
Imagine what you'd get if you crossed Gumby with a smartphone, and you've got some idea of what a new, nanotech handset from Nokia could be like. 27 Feb 2008
On Monday, online auctioneer eBay named Josh Silverman as the chief executive of its online telephone service, Skype. 27 Feb 2008
South Africa's fourth quarter Gross Domestic Product (GDP) continued with its upswing registering yet another increase of 5.3%. 26 Feb 2008
Steinhoff International says it expects far better results over corresponding period last year. 26 Feb 2008
Richemont said on Tuesday that Public Investment Corporation (PIC) holds a 3.13% indirect stake in the group. 26 Feb 2008
This was the message from Eskom to township communities, and the power utility put it across to the township residents with Primedia@Home's Community Chat Billboards, in an attempt to reduce the high number of electrocution fatalities. 26 Feb 2008
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