Industry News
Relationship dynamics between retailers and suppliers strengthen – report
While multiple local crises, the global pandemic, supply chain disruptions and the impending financial crisis have placed strain on businesses, South African retailers, suppliers and distributors continue to demonstrate resilience.
Vukile launches Retail Academy to give emerging retailers a head start
Retail Reit Vukile Property Fund has launched the Vukile Retail Academy to unearth and develop the next generation of talented retail entrepreneurs.
Massmart joins the ranks by offering accessible business finance to South Africa’s SMEs
Massmart has joined forces with local Fintech, Retail Capital, providing access to funding to small, medium enterprises (SMEs) in South Africa. Retail Capital is one of the country’s leading alternative funders and a leader in Fintech solutions.
New Lego store in Joburg first of its kind in Africa
The fifth Lego Certified Store has opened its doors in Mall of Africa, introducing a new Lego store design to the African continent.
4 signs you’re ready to turn your side hustle into a formalised SME
The prospect of making the transition from a ‘side hustler’ to the owner of a fully-fledged business may have serious appeal, but it’s important for entrepreneurs to resist the temptation to buy into romanticised notions of what it means to own your own business before you leap into the formal SME territory.
Retail Trends | 2022 & Beyond
Mike Smollan, Chief Growth and Innovation Officer at Smollan looks at retail trends for the third and fourth quarters of this year and beyond, and what these means for growth.
South Africa’s getting a new convenience store – one which is already massive in America
One of the United States’ (US) leading convenience retail brands, Circle K, is expected to open its first South African store in October.
International cosmetics brand Anastasia Beverly Hills arrives in SA
Beauty retailer Arc has brought coveted US makeup brand Anastasia Beverly Hills to South Africa.
Africa’s Has An Untapped Export Potential Of $31 Billion
AfCFTA partnership is invaluable to achieving strategic growth
Why Africa should matter to Singapore companies
SOME years ago, when I first visited Africa, I was struck by the vibrancy and enterprise of its youthful population. I have since visited over 15 countries on the continent and that palpable sense of opportunity still prevails.
Pick n Pay Clothing to boost local sourcing
Pick n Pay Clothing’s localisation drive sees the retailer targeting 60% locally-sourced products by 2028.
The best of Kimberly-Clark Professional’s global quality and innovation is now proudly made in South Africa!
Kimberly-Clark Professional™ will now manufacture the brands that users trust sustainably in South Africa, illustrating its firm commitment to SA’s future through its investment while growing local business capacity.
6 mistakes SMEs tend to make online and how to solve them
It’s understandable that small to medium enterprises (SMEs) have found themselves online out of necessity as e-commerce adoption accelerated by three to five years as a result of the Covid-19 pandemic, and online retail in South Africa in 2020 grew by 66%.
Zipline and Jumia join forces to pioneer drone delivery of thousands of products to homes across Africa
Jumia (NYSE: JMIA), the leading e-commerce platform in Africa, and Zipline, the world’s largest instant delivery service, announced today a collaboration to deploy automated, on-demand delivery for e-commerce in Africa. Pilot program and testing were launched a few months ago in Ghana.