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South Africa is open for businessInternational tobacco company Philip Morris International has debuted its IQOS smoke-free tobacco device in South Africa. According to the company, the tobacco heating system produces no smoke or ash and is a "less harmful alternative for smokers". In the same week, Gold Brands announced it will be bringing established UK casual-dining brand Café Rouge to our shores. South Africans can expect ten outlets of the Parisienne-style bistro, with the first due to open in Johannesburg in July. It doesn't stop there. Anheuser-Busch InBev is planning to launch Budweiser in South Africa before the end of 2017. The company believes it is well-positioned to grow its global brands, with Stella Artois and Corona already present in the local market. Other top news that has been making headlines this past week, is the National Consumer Tribunal's judgement that the club fee charged by local retailer Edcon is in contravention of the National Credit Act. Although a financial sanction is still to be announced, the ruling has grim implications, given Edcon's financial situation. Here's to a successful week ahead! 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 |
|  | Philip Morris International has launched IQOS, a tobacco heating system designed to heat rather than burn tobacco in South Africa... read |
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After eight months of construction, the Mojo Market opened on 27 April 2017, over 80 stalls occupy the 2,000 sqm space... Read | Robert Laing Anheuser-Busch InBev plans to launch Budweiser in SA, it said in its March quarter results on Thursday morning... Read | Fast-food franchising company, Gold Brands, has announced the planned entry of UK casual-dining brand Café Rouge into the South African market... Read | Ruth Cooper Consumers are becoming more conscious of where their food, beauty products and clothing is coming from, how it is produced... Read | The National Consumer Tribunal handed down judgment against Edcon on Tuesday that the club fee charged by Edcon to its credit customers... Read | South African manufacturer of branded tissue products, The Twinsaver Group (Twinsaver), has announced the acquisition of Sylko... Read |
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 | At the World Economic Forum (WEF) on Africa, being held in Durban, Mastercard released the ‘Cost of Cash for Consumers in South Africa Study... read | |  | Metropolitan has come out tops in the latest South African Customer Satisfaction Index for life insurance... read | |  | While bots are hard at work behind the scenes, and becoming more visible in some parts of the front-office too, they're unlikely to oust human beings... read | | |
 | There is positive investor sentiment in East London's Mdantsane City Shopping Centre, where Wimpy will add to the growing list of brands... read | |  | Juane Schutte A topic on every citizen's mind is what the impact of the recent junk status downgrading from Standard & Poor's, in addition to Fitch, will have on the South African economy... read | |  | The Mall of Africa, the Attacq flagship shopping mall, celebrated its first birthday on 28 April 2017. Since opening day, it has posted sales of R3.4 billion for the 11 months of trading to March 2017 and has had over 13 million people in the same period... read | | |
 | Following the success of last year's Slipper Day initiative, Wimpy outlets are gearing up for this year's event with the sale of Slipper Day wristbands... read | |  | Issued by TFG (The Foschini Group) TFG's investment in the SOS Education Empowerment Project in Namibia is aimed at enhancing the quality of educational opportunities for socially disadvantaged children towards improved quality of life... read | |  | To support World Hunger Day on 28 May 2017, FoodForward SA will feed one hungry South African for every bag of Tru-Cape apples sold at Food Lover's Market... read | |  | Prof Elain Vlok South Africa's employment rate is currently sitting at an average of just over 25%, peaking at over 27% at the end of 2016. While that figure decreased at the start of 2017, the fact remains that a quarter of South Africa's citizens remain jobless.... read | |  | Pioneer Foods recently rolled out its schools breakfast nutrition programme in five disadvantaged schools in KwaZulu-Natal... read | | |
 | Issued by WORLD TRAVEL MARKET AFRICA From increased visitor numbers, to more media and even greater attendance by trade specialists, World Travel Market Africa 2017 closed with praise from both local and international travel professionals... read | | |
 | Robert Laing Egg prices are likely to rise by about 8% due to a shortage caused by many small farmers going bankrupt, the South African Poultry Association warned... read | |  | Pioneer Foods Group expects adjusted headline earnings per share (HEPS) in the six months to March to fall by up to 49% from a year ago... read | |  | The search is on for the best maker of boerewors in South Africa, as the 25th annual Championship Boerewors competition officially opens... read | |  | Checkers has added Osso Bucco and Tomato & Green Bean Bredie to its Ready-To-Cook range of convenience meals, in time for the colder winter months... read | |  | Fry Family Food Co. will launch nationally a plant-based, gluten-free breakfast cereal on 22 May 2017. Known as Kasha, it can be mixed with hot or cold water or dairy-free milk... read | |  | On CNN Marketplace Africa aired late last week, Eleni Giokos interviewed Whitey Basson, former CEO of Shoprite, about how Africa's largest food retailer has grown... read | | |
 | Nicholas Kitonyi Some suggest that by taking the industrial revolution of 1760-1840 as the first one, we are currently in the fourth industrial revolution... read | | |
 | Issued by Pyrotec One of the best ways to communicate your value offering is on your product packaging, so that every time a consumer comes across your product they will be reminded of the value that your company and brand offers them... read | | |
 | A new e-book, A New Store Excellence Scorecard has been released that defines the three pillars to measure store performance and new associated KPIs, which provide a foundation to evaluate business results better... read | | |
 | Tom Jackson Egyptian online grocery service GoodsMart has raised $750,000 in funding from Algebra Ventures, which will go towards growing its operational capacity... read | | |
 | The EU said on Thursday that Amazon had bowed to its demands and agreed to drop clauses requiring e-book publishers to disclose information... read | |  | Ann Crotty A ruling by the National Consumer Tribunal looks set to wipe out much of Edcon's R400m-a-year club-fee income... read | | |
 | A young man in a white t-shirt pulls on a dark blue denim trucker jacket, tucks his smartphone in an inside pocket and puts in-ear headphones in his right ear... read | |  | Johan Walters Augmented reality campaigns are taking off internationally with progressive brands using the technology to turn every available surface into a virtual billboard. As cellphone manufacturers plough money into AR capability, local brands should be looking to do the same... read | | |
 | For the princely sum of R30bn, Sibanye is now the proud owner of Stillwater Mining Company... read | |
| | | | |  This course will be a two-day intensive customer journey design bootcamp. You will spend two days immersed in interactive experiential engagement around how to design remarkable experiences for customers. Read more >>Sales TrainingAcuityCRM - 22 May 2017 to 24 May 2017, Johannesburg | 5 Jun 2017 to 7 Jun 2017, Johannesburg Customer relationsProvox Centre for Public Relations & Communication - 24 Aug 2017 to 25 Aug 2017, Johannesburg | |  Get a head-start in the race to tap into the mass market! Unique conference will help marketers and brands to better understand and connect with the low-income market! Read more >>
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| Anna Wintour "In the end I do respond to my own instincts. Sometimes they're successful, and obviously sometimes they're not. But you have to, I think, remain true to what you believe in." Audrey Hepburn "Success is like reaching an important birthday and finding you're exactly the same." Willie Nelson "Once you replace negative thoughts with positive ones, you'll start having positive results." Warren Buffett "Price is what you pay. Value is what you get." Dr. Seuss "Don't cry because it's over, smile because it happened." |
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