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Retail News

A Marlboro shop owner was caught red-handed when police stormed his outlet and found 30,000 tins of state-issued milk formula that is supplied to hospitals. 10 Jun 2009
MADRID: Inditex, Europe's biggest clothing retailer and owner of the Zara brand, reported on Wednesday a 16% drop in first-quarter net profit as consumers cut spending in the economic downturn. 10 Jun 2009
Organic demand on the rise
High consumer demand for organic foods is propelling fresh fruit and vegetable sales across Europe. The latest European Market for Organic Fruit & Vegetables research report shows high growth rates have increased the market share of organic products above 5% of fresh produce sales in some countries. 10 Jun 2009
The recession has altered consumers' purchasing habits in many subtle and profound ways, and marketers need to be aware of the new dynamics that drive their decisions. Cheesy and commercial is out. Quirky and grassroots is in. Done right, marketing via social media can be highly effective. The cost is negligible, and the potential - if your message goes viral - can be incalculable. 10 Jun 2009
Trio takes mobile multimedia to new level
Sony is showcasing its three latest releases in mobile multimedia technology - the Aino, Yari and Satio. These phones sport innovative new features to suit a variety of needs - from remote PS3 and gesture control for gaming fanatics, to a 12 megapixel camera for ardent snappers. 9 Jun 2009
Name change for ECR Conference
The hosts of the ECR (Efficient Consumer Response) Conference have announced a name change for the annual event in order to give a greater indication of the conference content. The event has now been branded the CGCSA Conference. 9 Jun 2009
New snack break from Safari
Safari is launching a new range of snack bar, aimed at providing a healthy treat for children, the health-conscious, and active adults. 9 Jun 2009
Whether Africa will escape the global financial crunch unharmed will be the big question on African leaders' minds as they begin arriving in Cape Town for the 19th World Economic Forum (WEF). 9 Jun 2009
The world economy may still be in deep crisis and the global auto sector in the doldrums, but Toyota Motor's vice-president Takeshi Uchiyamada has some good news. 9 Jun 2009
Threat to close new mall in Alex
The Greater Alexandra Chamber of Commerce and Industry has threatened “to close” the newly launched Pan Africa Shopping Mall until it was “fully-owned” by local residents. 9 Jun 2009
Toilet paper leaves consumers short
Regulators have warned the public about toilet paper being too short, following an investigation in Gauteng. 9 Jun 2009
PARIS: International editions of Vogue magazine plan a simultaneous "fashion celebration night" in 13 cities in September to fight off global economic blues, its publisher Conde Nast said on Monday, 8 June 2009. 9 Jun 2009
Manufacturer of value-add glass and aluminium products, AG Industries issued a cautionary on Monday, 8 June 2009, saying it is in the process of a major restructuring which includes reducing the group's cost base to place the group on a firm foundation. 9 Jun 2009
Golden local wins international taste award
Hansa Marzen Gold has recently been awarded the three-star Superior Taste Award at the 2009 International Taste Quality Awards, held by the International Taste and Quality Institute (iTQi). Hansa Marzen Gold is the only South African product to have won a Superior Taste Award at this year's iTQi's. 8 Jun 2009
BERLIN: German Finance Minister Peer Steinbrueck said on Monday, 8 June 2009, that the retail group Arcandor, which owns the Kardstadt chain and a majority share of Thomas Cook, could go bust, and its shares plunged a short time later. 8 Jun 2009
WASHINGTON: Movie directors, composers, authors, legal experts, policy-makers and others are meeting here this week to discuss the "threats and opportunities" the Internet poses to copyright in the digital age. 8 Jun 2009
Two established and creative South African designers, David Tlale and Charles Storr, are to stage a collaborative exhibition at Momo Gallery in Johannesburg. 8 Jun 2009
New mall leaves Alex hawkers high and dry
Informal sellers of produce, cigarettes, matches, and other assorted goods in Alexandra each have their own regular customers. 8 Jun 2009
Whatever the state of the global economy, SA expects a spending boost from thousands of World Cup football visitors next year. 8 Jun 2009
Public hearings into Eskom's 34% tariff hike application will be heard by the National Energy Regulator of South Africa today, 8 June 2009. 8 Jun 2009
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