Archived Retail Industry News
News Archives: 2015
30/12/2015
Botswana-based retailer targets South African expansion
Botswana-based retailer Choppies Enterprises is extending its South African footprint with the proposed acquisition of retail outlets owned by niche supermarket group Jwayelani.
15/12/2015
Retailers face circumspect shoppers targeting essentials
South Africans will be more pragmatic in their festive season spending as tough economic conditions continue to force people to cut back.
15/12/2015
Australian consumer watchdog raps Nurofen over knuckles
Drug giant Reckitt Benckiser was ordered to pull some of its popular Nurofen painkiller brands off shelves in Australia after a court ruled they made misleading claims.
15/12/2015
Unequal SA sends grocers to invest in poorest cities
When Choppies Enterprises opened a supermarket in the mining town of Rustenburg, Daniel Human’s life improved.
15/12/2015
Tiger sells Nigerian business for $1
Tiger Brands will divest its 65.7% stake in Tiger Branded Consumer Goods in Nigeria — previously Dangote Flour Mills — to Dangote Industries for a nominal $1.
10/12/2015
Walmart launches Walmart Pay, disrupts mobile payments landscape
Shoppers at Walmart stores will soon be able to pay with their smartphones as the retailer has developed a unique solution to become the newest entrant in the crowded world of mobile wallets.
10/12/2015
Coca-Cola Named World’s Biggest-Selling Grocery Brand In Billion Dollar Brands 2015 Report
Coca-Cola is the world’s biggest-selling grocery brand, with a total sales value of more than $50 billion, according to the Billion Dollar Brands 2015 report, produced by ESM: The European Supermarket Magazinein association with Euromonitor International.
10/12/2015
Asda extending trial of butchery concessions
Asda is extending a trial of McGee’s butchery concessions to a number of its stores across in England, Scotland and Wales.
The Irish government yesterday laid out plans to introduce minimum alcohol pricing in a bid to reduce the country’s high drinking levels.
10/12/2015
Beware cyber scammers using these tricks
As more South Africans consider buying online during the shopping season, the online criminal playbook is in full swing trying to separate consumers from their cash.
10/12/2015
Rand crashes after Zuma fires Nene
The rand crashed through the R15/$ level on Wednesday night after President Jacob Zuma fired Finance Minister Nhlanhla Nene and installed a relative unknown, David van Rooyen in the key portfolio.
09/12/2015
Banks must act on debit order fraud
Modern marketing theory over the past few decades has coined the phrase: ‘the customer is king’ - a concept that has somewhat been neglected by the retail banking sector.