Pick n Pay enters Mozambique
Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to extend its African footprint still further. According to Dallas Langman, Pick n Pay’s head of group enterprises, the group planned to open its first store in March 2011. “We have signed a Master [...]
Tesco’s Barcode App for Iphones
Tesco has announced it is updating its popular grocery app to include a barcode reader that will enable customers to add items to their online shopping basket more quickly and simply than ever before. The barcode scanner for the iPhone is a UK first for the supermarket industry. It is particularly targeted at busy parents [...]
August retail sales grew 4.6%
Johannesburg – While disappointing August retail sales figures have dashed hopes for a robust second half in 2010, retailers could anticipate a better festive season than that of last year, say analysts. On Wednesday, Statistics SA said August retail sales grew 4.6% at constant (2008) prices year-on-year after revised 8.0% growth in July, falling far [...]
Change of Date: 4th Annual POPAI Conference to the 17th November 2010
Due to an overwhelming number of requests, we have decide to move the 4th Annual POPAI Conference to the 17th November 2010. The Consumer Goods Council of South Africa is holding their event on the same day as ours and this has caused issues for delegates that wish to attend both. We trust that you [...]
Cosatu: We will fight against ‘Walmartisation’
The Congress of South African Trade Unions (Cosatu) on Thursday, 30 September 2010, said it was deeply concerned at the bid by the world’s biggest retailer, Wal-Mart, to take over South Africa’s Massmart (MSM). The union said that it fully shares the South Africa Commercial, Catering and Allied Workers Unions (Saccawu) view that Wal-Mart is [...]
Economy still recovering
Johannesburg – The economy and consumers are doing fairly well, but growth is still far from the levels seen three years ago. Three of Sake24 and BoE Private Clients’ four provincial barometers showed year-on-year growth in August. The Eastern Cape, in particular, excelled with growth of 11.6%. But on a three-year basis this province’s barometer [...]
IS THERE A NEW CONSUMER MINDSET
Because of the recession? People tend generally to make everyday purchases based very often largely on habit. But when a person’s circumstances change, those habits can very often be disrupted. This is especially the case when a large-scale event, such as the current recession, occurs. It causes many people to re-think their everyday patterns of [...]
SA battles in global currency war
Johannesburg – The Reserve Bank bought at least $618m in the currency markets to try to push the rand weaker in September, the bank’s latest statement on its gold and foreign exchange reserves shows. This is more than the $504m bought the previous month. That is SA’s contribution to the so-called currency war being waged [...]
Woolies gets it wrong on franchise
Pick n Pay supermarket chain founder Raymond Ackerman yesterday took a swipe at rival Woolworths’ recent decision to end its franchise agreements. Franchising, which Woolworths said this month it would drop as a business model, is “an absolutely magic formula” for encouraging new entrants into SA’s concentrated retail sector and is a way to bring [...]
Debts dampen retail sales
Rate cut is not expected to boost consumer spending Retail sales will likely generate a more modest performance following the World Cup this year, but the industry sees the effect of the latest interest rate cut of 50 basis points less likely to be significant as consumers were still highly indebted. Retail giant Massmart, the [...]
POPAI Awards 2012
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