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Current Industry News
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12/12/2018
Iceland opens world’s first supermarket ice rink
Iceland has introduced a new concept for Christmas – shopping on ice! In a world first, the aisles of the supermarket’s branch in Stratford were transformed into an ice rink by using 250 square meters of synthetic ice.
11/12/2018
SA malls gearing up for Christmas 2018
Hot off the heels of the global Black Friday phenomenon, retailers, brands and shopping centres across South Africa are now gearing up to make the most of 2018’s Festive Season which is already upon us.
11/12/2018
The cost of the December shutdown to business in South Africa
Most businesses – retail and entertainment excluded – resemble ghost towns during the first and last weeks of the year. Energy levels are low in December, and employees daydream about cocktails on the beach. Come January, it takes a few days to get back into the swing of things.
11/12/2018
New legislation outlines rules for how South African banks should be treating customers
National Treasury has published the draft Conduct of Financial Institutions (COFI) Bill for public comment. In an attached statement, Treasury said that the COFI Bill is the next phase of the legislative reforms aimed at strengthening the regulation of how the financial services industry treats its customers.
11/12/2018
Labour court issues temporary ban on union protests in Dis-Chem strike
As violent protests by workers surge and employers calculate the hefty cost of property damage, the labour court in Johannesburg has made an unprecedented ruling barring Dis-Chem workers from picketing and protesting.
10/12/2018
Shoprite opens first of its own distribution centres in Nigeria
The Shoprite Group recently opened a new world-class distribution centre (DC) in Lagos, Nigeria.
10/12/2018
Tiger Brands reopens Polokwane polony factory
Production will resume immediately as the company tries to get back on its feet after the devastating recall in March
10/12/2018
Retail sector showing signs of revival
A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year after the sector ran into trouble in the third quarter of the year.
10/12/2018
SA to spend more than R200bn over the festive season - survey
South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found.
05/12/2018
Violent deaths in NUMSA plastics manufacturing industry strike
Is this a portent of things to come?
05/12/2018
SA grocery retailers hoping for a merry festive season
Grocery retails have had a tough year, and like other retailers are hoping to see a boost in sales over the festive season.
04/12/2018
World class in-store services at revamped Checkers Mimosa Mall
A big and better Checkers Mimosa Mall re-opened its doors in Bloemfontein following a major refurbishment after the store was destroyed by a devastating fire almost a year ago.
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