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Retail News

Pentawards open for entry
Pentawards, the online competition devoted exclusively to packaging design, is open for entries from 1 May - 12 June 2009. 30 Apr 2009
L'Oréal sets its sights on the African woman
Beauty product manufacturer L'Oréal is seeking to expand on its 100 years of business by entrenching its position in Africa, and designing products that will make African men and women feel beautiful, despite the global meltdown. 30 Apr 2009
SAN FRANCISCO: French videogame star Ubisoft announced on Wednesday, 29 April 2009, that it is making a sequel to the 'Red Steel' title that debuted in 2006 with Nintendo's industry-changing Wii consoles. 30 Apr 2009
MBABANE: Four textile factories have closed down in Swaziland, leaving hundreds of workers unemployed in a country already battling high unemployment rates, a government official said on Tuesday, 28 April 2009. 30 Apr 2009
LONDON: Reckitt Benckiser, the Anglo-Dutch household products group, said on Tuesday, 28 April 2009, that net profits surged 48% in the first three months of the year, helped by strong sales of cleaning goods. 30 Apr 2009
Montecasino shows its caring side
Montecasino Mall has become a popular destination in Joburg for those in search of fun and entertainment. 30 Apr 2009
Farmers' organisation Agri South Africa has called for a thorough investigation to explain dramatic food price hikes, encompassing all levels of the value chain from fuel suppliers to retailers. 30 Apr 2009
The Producer Price Index (PPI) for the month of March slowed down to an annual 5.3% compared to last month, Statistics South Africa (Stats SA) announced on Thursday. 30 Apr 2009
Assuring quality olive oil
Following recent misdemeanours on the international olive oil front and a successful conviction locally following fraudulent labelling, the relevance of the Member of SA Olive Commitment to Compliance seal that was introduced by SA Olive in 2005 has been reconfirmed as the consumer's guarantee for quality when buying South African olive oil. 29 Apr 2009
The silver lining in the retail storm
JWT Johannesburg recently hosted WPP's Global Retail initiative, presented by The Store's Gwen Morrison (CEO, Americas and Australasia) who heads up the group's division. Morrison shared her insights into the US retail market to demonstrate how these trends can be implemented in the South African market. 29 Apr 2009
South Africa's Consumer Price Index (CPI), a method used by the Reserve Bank to measure inflation, dropped slightly to 8.5% in March 2009, reports Statistics South Africa. 29 Apr 2009
Better access to wireless, digital lifestyle tech essential
The proliferation of next generation wireless infrastructure and digital lifestyle product is critical to the country's efforts to address a shortage of skills within the ICT sector. 29 Apr 2009
New skin for Sunbake bread
The Sunbake range of breads has been given a packaging makeover to further differentiate the brand from competitors, enhance on-shelf presence, drive trial and keep up with popular bread packaging trends. 29 Apr 2009
Slater returns with pride and purpose
As part of his ongoing support of Virgin Unite, the non-profit foundation of the Virgin Group, actor Christian Slater returned to Ulusaba, Sir Richard Branson's private game reserve in South Africa, recently to visit a new classroom built at the Jeremiah Crèche, which he, Branson and guests of Ulusaba and Leopard Hill's Lodge, jointly funded. 29 Apr 2009
Pioneer Food Group said on Wednesday, 29 April, that for the six months ended March 2009 its headline earnings are expected to be between 163 to 172 cents per share compared with 144 cents per share in 2008 - or between 13% and 19% higher. 29 Apr 2009
While the woes of the clothing and textile industry are worsening, an apparel initiative to promote a regional response to global demands shows that not everyone in the industry has surrendered to the grim outlook. 29 Apr 2009
Cashbuild said on Tuesday, 28 April 2009, its revenue was up by 29% in the March quarter compared with the third quarter of the prior financial year. 29 Apr 2009
Retailers raise food prices
Retailers have defended themselves against claims that they have not passed on the benefits of lower producer prices to consumers, but experts said South Africans are being held to ransom by the stores. 29 Apr 2009
Partner relationship management (PRM) has an intriguing business case: It applies the concepts and tools of customer relationship management to the business relationships that also affect a company's customer base. The problem with PRM is that it hasn't caught on - for myriad reasons, starting with its expense and difficulty in implementation. 29 Apr 2009
Economists predict the Monetary Policy Committee (MPC) will announce a 100 basis point cut in the repo rate on Thursday, 30 April 2009, after their two-day meeting. 28 Apr 2009
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