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Retail News

Cadbury claims 'outstanding' 2009
LONDON, UK: British confectioner Cadbury on Tuesday, 12 January 2010, sought to step up its defence against a hostile multi-billion-dollar takeover bid by US giant Kraft Foods, telling shareholders that 2009 had been "outstanding". 12 Jan 2010
The global recession could end only in 2012, but Africa could take advantage of a likely shift in manufacturing jobs to the continent. 12 Jan 2010
Designers to highlight biodiversity
GENEVA, SWITZERLAND: Top designers including Diane von Furstenberg and John Rocha will hold a catwalk at the European headquarters of the United Nations on 21 January 2010 to appeal against the loss of biodiversity. 12 Jan 2010
Late shopping bonanza for school outlets
EASTERN CAPE: With schools opening tomorrow, 13 January 2010, local uniform stores and stationery outlets say they are buzzing as parents rush for last-minute shopping. 12 Jan 2010
Rosy Christmas in UK with SA wine
Before Christmas last year, a substantial quantity of De Meye Shiraz Rosé 2009 became available for the first time for British wine consumers, through UK online wine retailer, Naked Wines. De Meye Wines were the most successful bidder at Naked Wines' “inverted” auction where the wine drinking public tasted, rated and set a price on ‘the 10 best out of 100 South African wines from 50 producers'. 12 Jan 2010
Survey on World Cup accommodation bookings
CapeInfo.com is running a national monthly survey on its website to research the current accommodation bookings for the FIFA 2010 World Cup and prices charged. The January survey has received 250 responses so far. 12 Jan 2010
Captain Cash named
The Engen competition, Captain Cash, which ran from 1 October to 31 December 2009 had over 3 million entries and handed out total prize money for the promotion of R1,020,000. 12 Jan 2010
The benchmark research on the supply chain industry, supplychainforesight, will release its 2010 findings with its core theme of supply chain innovation for recovery and growth in early 2010. Initial indications are that the country's major industries are taking an optimistic and strategically positive view of the ways in which South Africa's supply chains will enable recovery from the recession. 12 Jan 2010
LAS VEGAS, US: Danish toy maker Lego is seeking to build a presence in the world of multiplayer online games with the release of a new videogame called Lego Universe. 11 Jan 2010
Heineken to buy Mexican brewery worth €5.3bn
THE HAGUE, NETHERLANDS: Dutch beer maker Heineken said today, 11 January 2010, it would acquire Mexico's Fomento Economico Mexicano (Femsa) brewery, valued at €5.3 billion (US$7.7 billion), through an all-share transaction. 11 Jan 2010
Retail motor group McCarthy is bracing for a slow recovery in car sales, and will turn to multifranchising to boost sales and profitability. 11 Jan 2010
Wool trade to resume
Wool sales will resume on 13 January 2010, with approximately 12,000 bales to be offered at auction in Port Elizabeth. 11 Jan 2010
SA wines leap east
According to Hein Koegelenberg, CEO of Leopard's Leap wines, “China's nouveau riche's attention, coupled with the recent elimination of all wine duties, means that China is fast becoming a focal point for trading and distribution amongst wine buyers and sellers.” He was commenting on his recent Asian wine marketing trip and the potential of this key future market as a wine-buying region and a focus for South African wine export in 2010 and beyond. 11 Jan 2010
Alliance Group chief executive Rael Levitt believes that the outlook for 2010, while still mild, is far better than 2009, which saw many people tightening their belts to deal with the weak economy and growing unemployment. 11 Jan 2010
LAS VEGAS, US: A breathtaking wave of 3-D televisions hit the Consumer Electronics Show (CES) on Wednesday, 6 January 2010, as the technology was touted as the next big thing in home theater. 8 Jan 2010
A possible bailout of East London textile manufacturer Castellano-Beltrame, which is facing liquidation, will be discussed at a meeting today, Friday 8 January 2010. 8 Jan 2010
USA: More shoppers went online to retailers' Web sites this holiday season, and overall they were happier with their visits than they were in 2008, a survey by ForeSee Results found. 8 Jan 2010
BRUSSELS, BELGIUM: A pre-Christmas fall in retail sales across the euro countries caused flutters among experts on Thursday, 7 January 2010, who worried that recovery prospects could run into a rut. 8 Jan 2010
2010 a year of more skin
The year 2009 was one that most of us couldn't wait to end. Economic woes, terror attacks, bizarre weather, celebrities behaving badly and plain boring local fashion shows were the order of the day. 7 Jan 2010
SA's largest food company, Tiger Brands, has budgeted R600m for capital expenditure locally and is planning to make further investments in the rest of Africa to add to operations in Cameroon and Kenya. 7 Jan 2010
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