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Retail News

Many organisations in the consumer packaged goods (CPG) industry are experiencing a trade-off between the benefit of high product volume sales coming at the expense of extreme data complexity. At the same time, these companies struggle to maintain open lines of communication with their retail customers and distributors in order to better manage the upstream flow of product. 26 Oct 2009
Shoprite Holdings said on Monday that its turnover grew by 15.3% for the three months ending September. 26 Oct 2009
The unfavourable economic situation is likely to dictate Finance Minister Pravin Gordhan's Medium Term Budget Policy Statement (MTBPS) on Tuesday, 27 October 2009. 26 Oct 2009
Strong economic recovery is not expected to begin until summer 2010 internationally but firms expect significant recovery to begin in May 2010. This is according to a global survey by Regus plc of 11,007 corporates across 15 countries. 26 Oct 2009
Revamp Lifestyle packaging
Creative Licence visual communications team has completed the new look for the packaging for Lifestyle feminine hygiene pads. Its brief was to make the package stand out on cluttered retail shelves. 26 Oct 2009
Cape craft recreates local sights
Anticipating that visitors to SA, particularly football fans, would purchase generic craft products, the Western Cape craft producers are drawing on sources as diverse as the texture of Robben Island's sand and the colour of blue lizards at Cape Point, to develop uniquely Cape products. 26 Oct 2009
Sweet award for business excellence
Ferrero Ithemba SA won the 2009 Italian-South African Chamber of Trade and Industries FNB Business Excellence Awards. Guest speaker Jerry Vilakazi, CEO of Business Unity SA presented the award to Nick Terry, MD of Ferrero Ithemba SA at a gala ceremony on 20 October 2009 at Kyalami Theatre on the Track. 26 Oct 2009
Communications Minister Siphiwe Nyanda has held an inaugural meeting with information and communication technology (ICT) companies under an initiative to hold quarterly meetings to strengthen his relationship with the private sector. 26 Oct 2009
Nikon's newest claim function, form
Nikon's newest claim to fame is a nifty little camera that will take the family photo slide show into the 21st century. The Coolpix S1000pj is a digital camera with projector capability built in — the first of its kind in the world. 26 Oct 2009
For many in the West, Asia is viewed as a large monolithic geographic area with some slight differences among regions. However, a more-informed understanding is that there are several market segments, and an understanding of some of the key differences between segments is valuable to developing effective market strategies. 26 Oct 2009
Amazon.com is trying to get more people to buy the electronic books that are compatible with its Kindle gadget by offering free software for people to read them on a computer. 26 Oct 2009
Nokia announced on Thursday, 22 October 2009, that it has filed a lawsuit against Apple, alleging that Apple's iPhone infringes 10 of Nokia's mobile technology patents. 26 Oct 2009
New drills for DIY ladies
Fragram is expanding its ladies range of tools with the ‘Can-Do' Ladies' Drills, specifically designed for the DIY woman. 23 Oct 2009
Acquisitive poultry group Country Bird on Monday, 20 October 2009, said it planned to expand into other parts of southern Africa and wanted to increase its domestic market share through a possible acquisition as it moves to within spitting distance of larger competitors Rainbow and Astral Foods. 23 Oct 2009
A young Durban businessman who created South Africa's first prawn burger has become R200,000 richer after being named SAB KickStarter of the year. 23 Oct 2009
Newspaper fashion baroness
Fashion designer Lungile Sokhulu is the owner of Back2Life, an innovative and growing fashion business which uses old newspapers to make handbags, baskets, accessories, furniture and other interior decorating items. 23 Oct 2009
Lowveld's lovely I'Langa... here comes the sun
April 2010 is when the new I'Langa Mall (I'Langa meaning 'sun') will open in Nelspruit with easy access off the N4 highway. A R600 million project, it will be anchored by Pick n Pay, Edgars, Game and Woolworths and complemented by major national retailers including Truworths, Foschini, Mr Price and Ackermans. 23 Oct 2009
Hospitality Investment Awards finalists announced
The annual Hospitality Investment Conference Africa (HICA) will take place from 4-6 November 2009 at the Sandton Sun hotel in Johannesburg and will also be the scene for the third Hospitality Investment Awards. 23 Oct 2009
Unsgaard Packaging based in the Cape, has been bought by Nkunzi Investment Holdings, a BBBEE-rated company. This is a black-owned and controlled investment company, owned in the majority, by management with the remaining equity being held by Phinda Investments, Mehlesizwe Trust, a broad-based development trust and Investec Bank. 23 Oct 2009
New tenant retail magazine from Old Mutual
Old Mutual Investment Group Property Investments (OMIGPI) launched the first issue of Global View, a bi-annual customer magazine aimed at retail and commercial tenants on Wednesday, 21 October 2009. 23 Oct 2009
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