Deep analysis by NielsenIQ has revealed that South African shoppers have dramatically reduced the frequency of their monthly shopping trips, which are down from an average of five trips per month two years ago, to an average of three. In addition, 500 000 households have been forced to stretch their monthly shop to beyond a
Nestlé announces industry-first pilot that reduces carbon dioxide emissions and recycles wastewater In partnership with The Emissions Capture Company, Nestlé has successfully piloted leading machine learning-based technology in Babelegi, at industrial scale, to deliver significant Scope 1 emission reductions, and wastewater recycling. Nestlé East and Southern Africa Region (ESAR) unveiled an industrial scale pilot project
As we near the festive season, Standard Bank is excited to announce that UCount Rewards members can now earn and redeem Rewards Points from more Rewards Retailers. This expansion of the Rewards Retailers is part of the bank’s key objective to give customers an array of retail choices aligned to their needs. The Standard Bank
SPAR expressed its deepest gratitude to its people, the SPAR retailers and their communities, who pulled together and worked tirelessly to protect, clean, restock and rebuild stores, bringing hope to their communities at a time when there were serious concerns around safety and food security. The business has seen changing consumer behaviour over the past
Cape Town – Naspers Limited (JSE: NPN) delivered a strong performance in the six months ending 30 September 2021, growing ecommerce revenues 52%. The group stepped up investment to further accelerate growth across its increasingly valuable internet businesses. Ecommerce revenue growth accelerated, up 52% to US$4.6bn US$5.2bn invested since 1 April 2021 to further accelerate
The Heavy Chef E-commerce Entrepreneur Education Report reveals that the growth of e-commerce in South Africa has been accelerated by five years since the COVID-19 pandemic began. Interestingly, it is women leading the charge. The report shows that 63% of all e-commerce companies in South Africa are started by women. But like all South African
Clickatell, a leader in mobile communications and chat commerce, has been selected by leading African retailer Pick n Pay to manage their WhatsApp customer communication channel. Customers can easily access Pick n Pay services by sending “Hi” to +27 60 070 3037. The easy to navigate menu then allows shoppers to choose which action they
As Black Friday approaches, businesses worldwide are preparing for the busiest consumer period of the year. In South Africa alone, Black Friday sales have grown by an astounding 9900% over the past six years. One of the biggest drivers of this is the upsurge in online retail which has exploded by 66% since the onset
There has been some debate around whether Black Friday is relevant in South Africa, especially given the consumer’s stretched budget in 2021 – which was put under further pressure last week as the repo rate rose to 25 basis points. However, a consumer survey carried out by African retailer, Game Stores, found there may even
‘Value’, ‘health and nutrition’, ‘snackification’ – driving consumer trends Tiger Brands, South Africa’s largest food producer, has introduced a host of new and relevant innovations to its extensive product portfolio in response to rapidly evolving consumer needs and trends. These innovations target areas becoming critical drivers for consumer buying habits, including value, health and nutrition,
SA consumers can now use their RCS cards to pay for their online purchases from SA’s no.1 online fashion retailer RCS, the consumer finance arm of global bank BNP Paribas, has proudly announced its latest strategic partnership with leading online fashion retailer Superbalist.com. The new partnership, which was made official on 1 November 2021, saw
South African retailers are expected to ring up around R11.3 billion rand in additional sales over the period of November as consumers splash out on Black Friday deals, with general dealers expected to capture a 55% (R6.2 billion) share of the value. That’s according to new research conducted by the Bureau of Market Research on
Recognising the key role that digitisation is playing in the financial lives of more and more of its customers, South Africa’s leading fuel and convenience retailer Engen is prioritising electronic payment solutions at the core of its customer offering. With over 3.4 billion litres of fuel pumped from Engen forecourts in 2020, or approximately 25%
Supermarkets RSA The Group’s core business, Supermarkets RSA, increased sales by 11.6%. It is worthwhile noting this growth was achieved notwithstanding the following factors and their significant impact on the quarter: – The mandated closure of the segment’s LiquorShop business, which due to South African COVID-19 lockdown regulations was not able to trade for 48
This year’s Black Friday event, which has emerged to become a major highlight on the South African calendar, is expected to bring in higher sales volumes than last year as many retailers that were hard hit by decreased consumer spend in 2020 have started offering their specials ahead of schedule, giving consumers more time to
Further to the announcements released by the Company on 11 June 2021 and 29 July 2021 relating to the resignation of Ms Lebo Ntlha, the Group Financial Director, effective 30 November 2021, and the appointment of Mr Deon Fredericks as Group Financial Director from 1 December 2021, shareholders are advised that in terms of paragraph
From cool couches to top of the line electronics, pressies for the holiday season and pool accessories as summer waves at us, Black Friday (BF) 2021 looks set to be a biggie as shoppers return to malls to take advantage of some serious specials, while post-pandemic ‘professional’ online fundi’s get to grips with exploring and
By Sanjeev Raghubir, Sustainability Manager at the Shoprite Group The much anticipated and recently-released Intergovernmental Panel on Climate Change (IPCC) report presented a concerning summary of the current and future state of the climate. The IPCC report will inform world leaders as they gather in Glasgow for COP26 in November to craft a plan to
Checkers has announced the coming together of two award winning tech innovations, Checkers Sixty60 and the Xtra Savings rewards programme. Thousands of Xtra Savings deals are now available on the Sixty60 app for home delivery nationwide. “Customers have been asking us to offer all of the Xtra Savings deals they love in our stores on
Globally, over 300,000,00 tons of plastic is produced each year with only 10% to 15% recycled. Innovative packaging-free solutions that reduce the total amount of plastic created has become critical in the fight against pollution. Global retail specialist Smollan is focusing on the future of Greentech, and packageless retail as strategic components of the future
MoData, leading specialists in providing digital solutions for financial services, has partnered with technology pioneers DataVisor to deliver a comprehensive suite of AI-powered fraud management solutions to its customers across Africa. This new partnership will give MoData clients access to DataVisor’s comprehensive fraud and risk management platform, which enhances and accelerates fraud detection, keeping companies
A consumer survey carried out by local retailer, Game Stores, in October has found that consumers want the option to shop both in-store and online this Black Friday – despite a significant rise in e-commerce over the last two years. The retailer, whose month-long promotion is aptly called Black November, surveyed almost 2000 South African
HelloChoice is a proudly South African success story with a vision to modernise traditional agricultural produce trading through its wholesale online marketplace. Over 2,300 agricultural produce buyers and sellers have joined HelloChoice via its website and mobile app, trading over R150 million in the first three years. Specifically designed for South African market conditions, the HelloChoice mobile
Franchising has partnerships in its DNA, with the continued success of any franchise business dependent on these collaborations, so it makes sense for alliances to extend across sectors for the benefit of consumers: Service stations sell fuel; Galito’s sells great flame-grilled chicken. Galito’s is now Engen’s preferred partner in Namibia with a planned expansion of
The group is presently finalising its interim financial results for the six months ended 2 October 2021 (the Period). These will be announced on the JSE Stock Exchange News Service (SENS) on or about Thursday 25 November 2021. Shareholders are advised that headline earnings per share (HEPS) is likely to be between 30% and 40%
Internet auction and online marketplace bidorbuy teams up with Pargo to optimise the consumer experience for November’s great sale day and beyond By all accounts, Black Friday is expected to return to near pre-pandemic levels this year. With South Africa’s Covid-19 vaccination programme now well on track and even limited attendance at sporting events permitted,
NielsenIQ recently hosted a regional client webinar Navigating Through Turbulent Times that provided a deep analysis of a new era of price and promotions amidst the ongoing aftershocks of the COVID-19 pandemic. Driven by the NielsenIQ Analytics Intelligence division, the online event outlined the new realities around pricing strategies to help FMCG manufacturers make sense
A Q3 consumer survey by retailer, Game, has found that despite 2021 being a challenging year economically, 67% of South African consumers are hoping to find the best possible deals on popular items this month – as retailers launch their plans for Black November. The survey found that groceries and essential items (77%), appliances (63%)
Trusted and rapidly growing enterprise retail software and IT specialist redPanda Software has announced that it has appointed industry veteran Peter Ludi as its business development director. Ludi, who most recently was regional director for unified ecommerce platform Flooid – formerly PCMS – will oversee redPanda Software’s growth as it partners with new retailers in
South African payment specialist, DPO South Africa, is expecting similar or greater growth for Black Friday 2021, due in part to local shoppers’ increasing comfort with e-commerce. Retailers are also expected to adopt a more aggressive approach this year as they fight to make the most of the retail event which has quickly gained favour
To ensure all customers enjoy the same quality instore experience, SPAR South Africa’s Eastern Cape retailers each year raise funds to donate wheelchairs to residents in need. As part of these efforts, the retailers run the ‘Wheelchair Wednesday’ community campaign, now in its tenth year. The campaign is traditionally held over four Wednesdays in October
Shoprite created 42 new jobs with the opening of its supermarket at the Flagstaff Square shopping centre in the Eastern Cape. Shoprite Flagstaff Square offers customers a convenient shopping experience with 19 pay points and access to several in-store fresh food departments including a Meat Market, Hot & Cold Foods Deli, Bakery and Fresh Fruit
iVeri has announced that it has completed integration with software and consulting company Synthesis Software Technologies to increase the opportunities available to businesses using software-based Point of Sale (SoftPOS) across Africa and the Middle East. Synthesis became the first Tap on Phone solution provider in Africa when it launched Halo Dot with Nedbank in June 2020. This launch was
It’s official, electronics manufacturer TCL, the global second bestselling LCD TV brand of 2019 and 2020 as per OMDIA data, is entering the South African market as of 3 November 2021. It promises affordable quality and smarter than smart televisions for all South Africans. TCL’s launch into South Africa speaks volumes of the company’s confidence
The Shoprite Group strives to generate long-term sustainable growth for our equity investors through our established food retail business operations across the African continent. Quick links: Financial results: https://bit.ly/3BhdSeT Results presentation: https://bit.ly/3jFgvRV September 2021: https://bit.ly/3nzgxvK Become a shareholder Shoprite Holdings is listed in South Africa on the Johannesburg Stock Exchange (JSE), with secondary listings on the
To ensure all customers enjoy the same quality instore experience, SPAR South Africa’s Eastern Cape retailers each year raise funds to donate wheelchairs to residents in need. As part of these efforts, the retailers run the ‘Wheelchair Wednesday’ community campaign, now in its tenth year. The campaign is traditionally held over four Wednesdays in October
Clicks Group has reported another resilient performance in the year to August 2021 despite the trading disruption from the KwaZulu-Natal civil unrest and the ongoing impact of Covid-19 on consumer shopping behaviour. Operating profit, adjusted for the impact of the civil unrest, increased by 8.2% to exceed R3 billion for the first time, with diluted
Xtra Savings members can now transact using their Xtra Savings cards following a significant update to the Shoprite Group’s Money Market Account. The Money Market Account, which has attracted 530 000 users since it launched just over a year ago, now provides customers with transactional banking functionalities, including sending money and making withdrawals. “The development
Retail giant, Game, continues to take strides in the roll out of its overall turnaround strategy, Retail Reimagined, with the opening of three stores across Gauteng and KwaZulu-Natal, all with a new look and feel focused on offering a seamless shopping experience. Earlier this year, Game re-opened its Wonderpark and Eastgate stores as well as
The Shoprite Group’s Money Market Account, which previously only enabled customers to deposit funds to pay for utilities and buy groceries, now provides customers with new transactional banking options including sending money and making withdrawals. Money Market Accounts offer banked and unbanked consumers, many of whom are regular customers at the Group’s stores, access to basic transactional banking activities that are specifically aimed at their needs.
Makro and Builders Mini Programs have been launched within the VodaPay Super App. These Mini Programs serve as the cornerstone of the shopping proposition in the VodaPay Super App. This launch follows Massmart’s announcement earlier this year regarding e-commerce as a Business-to-Business (B2B) and Business-to-Consumer (B2C) strategic growth vector. The Mini Programs have been successfully
App awarded for bringing world-class online shopping to the people of South Africa The winner of the best consumer mobile device application for 2021 is Takealot. This award, sponsored by Franchise Tech Solutions, is one of 14 app winners announced at the MTN Business App of the Year awards ceremony held virtually late last month.
Tiger Brands Limited has been approved for secondary listing on A2X Markets and its ordinary shares will commence trading on the stock exchange from 26 October 2021. Tiger Brands Limited will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X.
Many South Africans may not be planning to shop Black November deals this year due to budgetary constraints, but savvy shoppers can use two simple hacks to get the best possible deals on any item they have their eye on this year. “Our 2021 consumer research clearly shows that bargain hunting has become increasingly important
Checkers was recently named South Africa’s best grocery and liquor store (Checkers LiquorShop) in the 2021/2022 Ask Afrika Orange Index Awards. “It is an honour to be recognised as the best grocery and liquor store in South Africa. We are very proud of this accolade and wish to thank our customers as this would not have
In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Famous Brands is delighted to advise shareholders that Ms Busisiwe Mathe has been appointed as an independent Non-executive director to the board of directors of Famous Brands (“the Board”). This appointment will be effective from 20 October 2021. Busisiwe, who holds a B. Com
Last year, retailer’s survival was pushed to the limit as they were forced to pull rabbits out of hats in an incredibly short space of time, just to keep their doors open. Faced with the realisation of how behind the curve many businesses were in retail technology business unusual, pushed retail innovation to the brink.
By: Andre Adendorff, Director Presales at Seidor Africa ERP adoption has accelerated since the 1990s, and with this came the opportunity to focus on particular industries. This development recognised that to drive high performance in the face of increasing complexity and uncertainty, businesses need tools and functionalities that are honed for their specific industry. To
Food safety is critically important to Woolworths and we take all issues regarding the production of our food extremely seriously. Following routine quality tests, Woolworths is recalling Woolworths branded 100% APPLE JUICE 200 ml cartons (single boxes and six packs) with the best before date of 23, 28 and 29 March 2022. It was identified
By Louis van Ravesteyn, Head: Agribusiness, Business and Commercial Client Segments, at Standard Bank Group Agriculture is a highly climate-sensitive industry, and as climate change intensifies causing changes in climate patterns and more severe climate events, like floods or extended periods of dry spells during critical growth phases of crop production, farmers must contend with
