While South Africa faces a weak rand, recent downgrades to junk status and a somewhat shaky political period in time, the retail industry is not filled with negativity as businesses continue to thrive while consumers continue to spend. In today’s world of advanced technology and online savvy consumers, here are four of the top consumer [...]
At a recent gathering of parties involved in the formal independent and informal retail trade, Trade Intelligence (Ti) MD Maryla Masojada shared some insights into the various trends affecting the industry. News Article: The sleeping giant – informal trade in South Africa
Consumer inflation slowed in March, as food prices continued to moderate. The consumer price index (CPI) rose 6.1% from a year earlier, after a 6.3% increase in February, Statistics SA said. News Article: Food prices help slow consumer inflation
The announcement by Standard & Poor’s of a sovereign downgrade to junk status and the planned review pending downgrade by Moody’s is a disappointing indictment of policy tardiness and refusal by the government to listen to numerous calls by organised business for policy consistency and reliability. Source: Consumer Goods Council of South Africa (CGCSA) reaction [...]
Sovereign Foods moved back into the spotlight last week when its share price shot back towards its all-time high of 950c on large volume trade. Source: Why Sovereign is back in the spotlight
CEO Jaco Oosthuizen says the Competition Commission crackdown on fresh-produce groups is based on ‘a number of misconceptions about the market’ Source: RSA Group denies collusion in fresh produce sector
According to a recent Forrester Report, titled “Drive Revenue with Great Customer Experience, 2017” many customer experience (CX) professions are challenged when it comes to finding a connection between CX and growing revenue. Source: Revenue needs to be driven with great customer experience
SA retailers are finding it difficult to deal with inflation, competition and credit restrictions, writes Stafford Thomas Source: Why retail shares are losing their steam
Avian flu in Europe and tainted-meat scandal in Brazil help reverse local poultry producers' fortunes Source: Global factors lift SA's poultry producers
Zimbabwe’s economy may be down and out, but new investment by Pick n Pay, OK Zimbabwe and Botswana-based Choppies points to a fierce battle for retail market share Source: Retailers square off in Zimbabwe
