 26 Oct 2009 |
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Making the most of 2010
At least they will be genuine local products, please - unlike the small vinegar bottle or whatever I picked up many years ago as a craft market in KwaZulu-Natal. When I turned it over, it proudly proclaimed to be a fine product from that island off the coast of China - Taiwan. And no, I didn't buy it. Rod Baker, guest columnist Responses to this column welcomed in our new online editor's column archive. Please send retail news to: retailnews@bizcommunity.com Image courtesy of FreeDigitalPhotos.net. Top stories
RetailSweet award for business excellenceFerrero 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 at the Kyalami Theatre on the Track last week. Read more >>Prawn burger entrepreneur wins award[Khethiwe Chelemu] 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. Read more >>Raymond Ackerman to retire as PnP chairman Raymond Ackerman will be retiring as chairman of Pick n Pay Stores - effective 1 March 2010 - after a 43-year-long career with the company, he announced today, Wednesday, 21 October 2009. Ackerman will, however, still perform an ambassadorial role for the retail giant, staying on as an advisor to the company and based at its head office in Cape Town. Read more >>Get ready to snap up designer used items [Lauren Cohen] Recessionistas can turn themselves into fashionistas without breaking the bank with a new shopping concept that launches in South Africa next month. Read more >>Christmas 2009 sales outlook[Luke Doig] There can be little doubt that retailers face a bleak peak spending season and they are going to have to make a supreme effort to retain market share and attempt to ensure that the declining share of Christmas sales to annual retail sales is arrested. Read more >>Banking & FinanceEconomic situation likely to dictate MTBPSThe unfavourable economic situation is likely to dictate Finance Minister Pravin Gordhan's Medium Term Budget Policy Statement (MTBPS) on Tuesday, 27 October 2009. Read more >>MPC keeps repo rate unchangedSouth Africa's repo rate has been left unchanged at 7%, outgoing Reserve Bank Governor Tito Mboweni announced on Thursday, 22 October 2009. Read more >>Repo rate likely to remain unchangedEconomists have predicted that the repo rate will remain unchanged when the Reserve Bank's Monetary Policy Committee (MPC) makes its decision later today, 22 October 2009. Read more >>Brand newsNikon's newest claim function, form [Kate Thompson] 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. Read more >>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. Read more >>Nkunzi buys Unsgaard PackagingUnsgaard 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. Read more >>New vitality for Liqui-Fruit [ActivRetail] This spring, Liqui-Fruit is introducing its new generation of health drinks - the Vitality range with Superseed; 100% pure pressed superfruit juices, loaded with grape seed extract. Read more >>Coca-Cola reports flat profitsNEW YORK, US: Global beverage giant Coca-Cola on Tuesday, 20 Ocotber 2009, reported a nearly flat third quarter profit, as sales growth in key emerging markets helped overcome difficult economic conditions. Read more >>Cadbury ups sales forecast LONDON, UK: British confectioner Cadbury on Wednesday stepped up its defence against a takeover by US giant Kraft Foods by upgrading its full-year sales forecast after a third-quarter rise. Read more >>Fleur de Cap releases Lazlo signature wine The award winning Fleur du Cap winemaking team through The Bergkelder has just released Lazlo 2006. Named after Dr Julius Laszlo, the innovative, visionary Cellar master at The Bergkelder in the 1980's, the wine is a blend of 43% Cabernet Sauvignon, 30% Merlot, 18% Shiraz, 6% Petit Verdot and 3% Malbec. Read more >>Commercial propertyLowveld'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. Read more >>Corporate Social InvestmentCape 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. Read more >>Feel Good Store proves successful The Feel Good Store, located on the corner of Ralph and Main Roads, Claremont, Cape Town next to the new public transport interchange, is providing the unemployed with skills to enable them to find formal employment or to become entrepreneurs. Read more >>Philanthropy awards coming up in Cape TownInyathelo, the South African Institute for Advancement's annual Philanthropy Awards, will be held in Cape Town on 3 November 2009. The awards recognise those South Africans who have made a sustained personal contribution to benefit disadvantaged communities in South Africa. Read more >>Recycle with Woolworths, Engen A Woolworths' pilot recycling project opened yesterday Tuesday 20 October 2009, at eight Engen stations in the Western Cape to recycle paper, cardboard, glass and plastic. If successful, the project will be rolled out across the country. Read more >>CRMDon't whine, go online The “Don't Complain Campaign” - inspired by the recent US election campaign urging the American public to “Don't vote” if they didn't want change - launched earlier this week. Its aim is to help improve customer service levels in South Africa generally and particularly before foreign visitors arrive in 2010. Read more >>e-CommerceThe Asian e-commerce opportunity[Kirti Vashee] 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. Read more >>ExhibitionsLadies in red... The international campaign, Go Red For Women, presented by MasterCard, will have its inaugural South African show - the Little Red Dress - during its Style in the City at the V&A Waterfront, Cape Town from the 29 October to 1 November 2009. Read more >>Green Hotel at Hostex Cape Hostex Cape, taking place from 8 - 10 March 2010 at Cape Town International Convention Centre, will feature a Greenstuff Village. In addition to an exhibition area of suppliers of green products and services, the Greenstuff Village will also feature a Green Hotel. Read more >>Green sustainabilityNewspaper fashion baroness [Matebello Motloung] 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. Read more >>Sustainable innovation: springboard for brand success?[Issa Sikiti da Silva] As issues of climate change and global recession become the fundamental talking points in every corner of the world, consumers have begun to review their close relationships with some brands, gradually moving toward the less superfluous and embracing more of the essential. Read more >>HospitalityHospitality 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. Read more >>Creative Tourism in Karoo conference targets 2010 The second Karoo conference, focusing on Creative Tourism in the Karoo, will take place at De Stijl Hotel Gariep Dam on 5-6 November 2009. Its challenge is to develop and market a signature "Karoo brand,” as a key desert tourism destination in the world. Read more >>New conference venue opens in East Rand The Serengeti Golf & Wildlife Estate, situated on the R25 to Bronkhorstspruit in the East Rand has added a conference and banqueting centre to its facilities. It is situated at the golf club, part of the Jack Nicklaus Signature Golf Course. Read more >>Import/ExportCameroon courts SA investors[Issa Sikiti da Silva] The Republic of Cameroon, the largest economy in central Africa and sub-Saharan Africa's 7th biggest economy, is at crossroads and looking to redirect itself to the path of economic diversity by calling on South African investors for help amid the heat of the global recession. Read more >>International conference on offsetsThe Nelson Mandela Metropolitan University (NMMU), Port Elizabeth will hold a conference addressing the benefits of offset and counter-trade agreements on 12-13 November 2009. A number of international and local experts will address delegates. Read more >>LogisticsLogistics Achiever first enviro award winnerLogistics News hosted the 21st Annual Logistics Achiever Awards on 15 October 2009 to recognise outstanding performers for professionalism and excellence in the effective application of strategic, tactical and operational logistics and supply chain management principles, concepts and practices in Southern Africa. This year saw the introduction of the Enviro Awards, highlighting successful green initiatives and developments that have a significant environmental impact. Read more >>PackagingRevamp 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. Read more >>New look for Bob Martin With added reference to its heritage aligning local products to the original UK brand, Bob Martin, maker of pet healthcare products and supplements, has revitalised its look and extended its range. Read more >>Plastic bags get thicker and more costly in 2010[Michael Hamlyn] Next year in June the plastic bags sold in supermarkets and other stores are likely to be increased in thickness, not because of new regulations, but because of the phased approach of the original rules. Read more >>RegulatoryNokia throws the book at Apple[Katherine Noyes] 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. Read more >>Western Cape liquor Bill ready soon [Janine Oelofse] The Western Cape hopes to have its Liquor Amendment Bill finalised by the first quarter of next year. Read more >>ResearchEconomic recovery as early as May 2010Strong 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. Read more >>Despite recession, price not critical in vehicle acquisitionAs part of the WesBank-sponsored Focus on Excellence Awards, a recent survey was conducted on factors that influence the purchase of both medium and heavy commercial vehicles. Surprisingly, price was only listed as the sixth most important factor amongst buyers of medium commercial vehicles and an astonishing ninth most important factor affecting purchase decisions in the heavy commercial segment. Reliability was the biggest factor. Read more >>Strong brands recover faster According to recent international research, strong brands are recovering from the effects of the global recession ahead of others. The BrandZ study, commissioned by WPP and conducted annually by Millward Brown, measures the brand equity of thousands of global “consumer facing” and business-to-business brands, and interviews over a million consumers globally. Read more >>SME Survey 2009 reveals recession advice Since getting through the recession is a challenge on the minds of every businessperson, the establishment of a blueprint for survival and prosperity was a key focus of this year's SME Survey 2009, released late last week. The findings into the strategies and tactics, which companies are employing to weather the storm, serves up advice that is as simple as it is profound: business basics will see you through. Read more >>Retail marketingScore 2010 tickets with FNB FNB customers who invest R50 000 or more in a fixed deposit for 12 months (at 1% interest rate) will receive two tickets to a 2010 FIFA World Cup First Round (Group) match at a stadium of their choice. An investment of R100 000 will get four tickets. These are Category One sponsorship tickets (valued at US$160 each) for all the First Round (Group) matches, with the exception of the opening game.New tenant retail magazine from Old Mutual Old Mutual Investment Group Property Investments (OMIGPI) last week launched the first issue of Global View, a bi-annual customer magazine aimed at retail and commercial tenants. Read more >>Quit partying, start socialising[Jacquie Myburgh] Fashion is an odd business indeed. How does it happen that the world we most expect to be absolutely on top of trends has completely dropped the ball on one of the greatest revolutions of our time — communication? Read more >>Shock figures of ad broadcasting errors According to Deloitte, recent tracking of radio advertising broadcast on South African stations showed alarming results; an average of 9% of all radio ads booked are not broadcast as scheduled. Based on FM's AdFocus estimated figure of R3 billion on radio advertising in 2008, this error equates to R270 million erosion of ad spend per annum. Read more >>How to grow your brand responsibly in Africa[Issa Sikiti da Silva] Despite its seemingly endless problems - diseases, crime, war, coup d'états, dictatorship and corruption - Africa has nevertheless become a destination choice for potential investors who seek to capitalise on its phenomenal growth and annual higher returns to expand their wings and grow their brands. But the continent is not for the faint-hearted! Read more >>RetailersClicks diluted earnings up 26.2% to 165.9cRetail group Clicks lifted diluted headline earnings per share by 26.2% from 131.5 cents to 165.9 cents for the year ended August which the group attributed to improved trading and efficient cash and capital management. Read more >>Pick n Pay reports higher earningsRetailer Pick n Pay on Wednesday, 21 October 2009, reported headline earnings per share for continuing operations for the six months ended August 2009 of 100.30 cents - up 11.1% from the 90.31 cents reported last year. Read more >>Harrods sells gold barsLONDON, UK: London emporium Harrods has started selling gold bars, the plush department store announced, just two days after the precious metal hit a record high in commodity market trading. Read more >>Joburg sees Neotel's first retail storeConverged communications network operator Neotel on Monday, 19 October 2009, announced the opening of its first retail store at Cedar Square, north of Johannesburg. Read more >>SecurityEmployee fraud conference opens this week The 2009 Southern African Fraud Prevention Service (SAFPS) conference runs at Radisson Hotel, Sandton from 22-23 October 2009. The theme of "Trust Betrayed - The Cancer Within" has drawn international and local speakers. Read more >>Supply chainCountry Bird plans further African forays[Sure Kumhlanga] 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. Read more >>TechnologyNyanda meets with ICT firms[Lesley Stones, Information Technology Editor] 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. Read more >>Amazon amps e-reader rivalry with free Kindle for PC[Rachel Metz] 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. Read more >>Dragon assists second language usersDragon NaturallySpeaking, Speak & See, assists those with upper body mobility and literacy problems, or those unable to type well through its speech recognition software. Read more >>Blue Earth phone in SA The Samsung Blue Earth mobile phone, first showcased at the Mobile World Congress 2009 in Barcelona, was released internationally yesterday Tuesday 20 October 2009. Read more >>
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Forbidden Fruit Music Fest hits Worcester RETAIL The Forbidden Fruit Music Festival will be held 13 - 15 November 2009 at Klein Plasie in Worcester. The scheduled line-up consists of 18 South African artists, including Zebra & Giraffe, Prime Circle, Cherry Vinyl, Just Jinger, aKING, Kurt Darren, Josie Field.
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