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Cross-border trade ripe for exponential growthA recently published PayPal report revealed that cross-border online spend is on the rise. In South Africa alone, 43% of online consumers stated that they shopped online from websites in another country in the past 12 months. As such, a wealth of new opportunities exists for merchants and retailers to expand their international sales. Focused on exactly this, the third eCommerce MoneyAfrica Confex kicked off in Cape Town on Wednesday, bringing together key decision makers in online retail, payments, customer insight and logistics businesses operating across Africa. Chris Folayan, CEO of online retail giant Mall for Africa, was in attendance and in his keynote shared highly practical advice on facilitating a superior international online shopping experience - which you can read about in today's top story. In #DesignMonth news, I chat to Nicki Ellis, owner of boutique homeware and décor studio Love Milo, who lets us in on what it takes to create locally-sourced, eco-friendly design that's easy on the eye. Here's to a productive and profitable week! Lauren Hartzenberg
Retail Editor: Bizcommunity.comComment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news". | Weekly top stories |
|  | [Lauren Hartzenberg] As the CEO of the continent's largest online shopping platform, Nigeria-born Chris Folayan knows a thing or two about creating online experiences... read |
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PayPal's third annual global report on cross-border trade, in partnership with Ipsos, is predicting that South African online spend will grow to over R53 billion... Read | Reena das Nair Effective competition in the supermarket industry is important because it has far-reaching implications for consumers and suppliers... Read | Daryn Mason Online retailers have led the charge when it comes to the early adoption of technology to enable better customer experience. However, despite a growing appetite for VR... Read |
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 | Economist Dawie Roodt shared his insights on the local and global economic landscape for retailers at the first quarterly networking breakfast... read | |
|  | Brandon Williams As we all know by now, Pantone's Colour of the Year for 2017 is Greenery, "a fresh and zesty yellow-green shade that evokes the first days of spring when nature's greens revive, restore and renew.” read | |  | Lauren Hartzenberg As we slowly wise up to the negative effects our growing consumerism has on the environment, it could be argued that the most progressive design is that which is sustainable... read | |
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 | Bianca Capazorio If you enjoy a cigarette with your rum and coke, your wallet will face a triple threat this year... read | |  | Alibaba's payment affiliate Ant Financial will invest $200 million in a unit of South Korean messaging giant Kakao, the companies said on Tuesday... read | | |
 | This year, Maerua Mall in Windhoek will undergo a complete facelift, bringing both its look and its offerings up to date, with added tenants... read | |
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 | Woolworths has announced it has raised R104.9 million for its MySchool ‘Raise R100 million for Education' campaign, exceeding the original target... read | | |
 | On the first day of the fourth edition of the biennial trade fair, ACA 2017, organised by STAT Media Group at the Emperors Palace last week, Air Cargo Africa 2017... read | |  | A few years ago, South Africans were sceptical about shopping online but, with improved security systems, better access to technology, a wider range of choice... read | | |
 | Ruth Cooper Kgotso Letwaba, founder of fashion label The After Skool Life and one of Design Indaba's Emerging Creatives, creates activewear informed by his love of sport and street art. We chat to him about design and authentic storytelling for #DesignMonth. read | | |
 | Matthew Barry Jacobs Douwe Egberts (JDE) and global market leader Nestlé are in a market struggle, since the formation of JDE in 2015... read | |  | Robert Laing Despite government efforts to curb smoking, British American Tobacco (BAT) increased the number of cigarettes it sold in 2016 slightly to 665-billion... read | |  | Matthew Stevens Pioneer Foods Group expects headline earnings per share in the six months to March to decline 38% to 55% from a year ago... read | |  | Tiger Brands announced on Tuesday that it intended to spin its controlling stake in its Kenya-based Haco Tiger Brands to a local partner... read | | |
 | Marc Hasenfuss Restaurant franchisor Spur Corporation is relishing the opportunity to expand its recently acquired gourmet burger business RocoMamas... read | |  | Issued by Cash Crusaders With a proven franchise model that spans over 20 years, Cash Crusaders has welcomed its 200th franchise store, which opened at the popular Protea Glen Mall in Soweto... read | |  | Restaurant Brands International, the parent company of Burger King and Canada's Tim Hortons doughnut shops, said on Tuesday it has reached a deal to buy American fried chicken chain... read | | |
 | Sue Morris Larry Fink, the CEO of BlackRock, one of the world's largest investors, said, “The pursuit of profit maximisation at any cost has come at a great cost to the planet and our humanity. Today's culture of quarterly earnings hysteria is totally contrary to the long-term approach we need.” read | |  | Sharad Sinha Let me ask you a question. Are you periodically forced to buy a new laptop because the technology – hardware or software – in your current laptop is no longer supported even though it's fully functional? read | | |
 | Aggrey Mutambo Kenya and Egypt have agreed to remove double taxation on imports in a bid to improve trade between the two countries... read | | |
 | The major provider of cookware globally, Groupe SEB, has entered into an agreement with South African cookware manufacturer, Hendler & Hart... read | | |
 | Shares in plastics and packaging group Transpaco fell 3.33% in Wednesday trading on the back of the company's decline in half-year earnings... read | |  | Issued by Pyrotec Do-It's main aim is to provide hang tabs that are environmentally friendly and safe for all industries, including the food industry, while providing merchandising solutions that work for their customers' products... read | |  | In an effort to cut down on confusion about labels on food items, grocery manufacturers and retailers are being urged to get rid of terms like 'sell by' and 'best before'... read | | |
 | Finance Minister Pravin Gordhan's announced in his Budget speech on 22 February 2017 that there would be further consultations on the tax on sugar-sweetened beverages... read | | |
 | Issued by Insight Survey Insight Survey's latest SA Coffee Landscape Report 2017 carefully unfolds the global and local coffee markets based on the latest information and research... read | | |
 | Diana Springer, Issued by M&C Saatchi Abel Thanks to retail promotions there's a growing sentiment among value-conscious SA consumers that there's no need to buy full-price merchandise, because it'll be on sale next week... read | |  | Popular music recognition app Shazam and fashion and fragrance brand Azzaro announced last week the South African launch of ‘Wanted', a new fragrance for men... read | | |
 | Pericles Anetos Food services group Bid Corporation (Bidcorp), which was unbundled from industrial conglomerate Bidvest Group, grew its interim revenue 5% to R67.8bn... read | | |
 | Massmart, majority owned by WalMart, announced its full-year results for the 52 weeks to December 2016, indicating good margin management and astute expense control... read | |  | Robert Laing Whitey Basson ended his run as Shoprite CEO on a high note, the grocery chain's interim results released on Tuesday morning showed... read | |  | Robert Laing The share prices of Shoprite and Steinhoff both jumped 7% on Monday morning after they called off their proposal to merge into Retail Africa... read | |  | Colleen Goko Billionaire investor Warren Buffett has dumped 90% of his Walmart shares, worth $900m... read | |  | Colleen Goko Woolworths says it is beginning to see some "green shoots" in its Australian operations, with significant changes in store for David Jones and Country Road Group... read | | |
 | Developed in response to significant growth in premium cross-border e-commerce volumes, DHL Express has launched its On Demand Delivery service in sub-Saharan Africa... read | | |
 | A Cape Town-based fintech business, Electrum, is providing retailers and banks with the technology platform that they need to connect their systems to VAS providers... read | | |
 | Leigh Andrews Ann Nurock, who normally does the interviewing for us as roving reporter at local and international creative award shows like Cannes Lions, One Show and the Loeries, is also Africa partner for Relationship Audits and Management or RAM's Radar. Here, Nurock shares more about her day job and how Radar clarifies agencies' understanding of their relationships with clients... read | |
| | | | | Professional selling skills workshopThe Peer Group - 25 Jan 2017, Johannesburg | 31 Jan 2017, Durban | 22 Feb 2017, Johannesburg | 22 Feb 2017, Durban | 14 Mar 2017, Durban | 29 Mar 2017, Johannesburg | 19 Apr 2017, Johannesburg | 24 May 2017, Johannesburg | 21 Jun 2017, Johannesburg | 26 Jul 2017, Johannesburg Customer relationsProvox Centre for Public Relations & Communication - 24 Aug 2017 to 25 Aug 2017, Johannesburg | | | | |
| Bo Bennett "Having a positive mental attitude is asking how something can be done rather than saying it can't be done." Steve Jobs "Your time is limited, so don't waste it living someone else's life." W. Clement Stone "Definiteness of purpose is the starting point of all achievement." Amelia Earhart "The most difficult thing is the decision to act, the rest is merely tenacity." Woody Allen "Eighty percent of success is showing up." |
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