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Messe Frankfurt acquires trade shows, Shoprite found guiltyIn today's top story, trade fair giant Messe Frankfurt has acquired South Africa-based trade shows Source Africa and ATF. Messe Frankfurt takes over from LTE, which has been in the trade show business for over 25 years. The move is expected to give the trade events global appeal using Messe Frankfurt's extensive network. In other top news, the National Consumer Tribunal has found Shoprite guilty of reckless lending, and Woolworths top management will not receive Christmas bonuses as the retailer failed to achieve profit targets. Iconic Danish toymaker Lego is also set to shed 8% of its global workforce after suffering its worst financial performance in over a decade. As a result, there are plans to overhaul the business, which will include building a smaller and less complex organisation and simplifying its business model in order to reach more children. In more upbeat news, Adam Dembovsky from Innovation Factory explains the role of shop fittings in creating memorable customer experiences, and the Direct Selling Association of South Africa details why personal care & beauty is still the best performing sector in the direct selling industry, accounting for over 46% of the total sales during 2016. September is Innovation Month at Bizcommunity, so keep an eye on our special section for news and interviews with innovative industry leaders. Have a good 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] Messe Frankfurt has acquired Africa's largest textile, footwear and apparel shows... read |
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The internet has changed the way women think about beauty and cosmetics but not, it seems, the value of personal face-to-face advice... Read | Ann Crotty Steinhoff and Christo Wiese are to emerge as the outright controlling shareholders of Shoprite after Shoprite shareholders' backed the repurchase of 8.7-million shares... Read | Visual elements have an impact on how consumers react to products, which is why creating a beautifully displayed retail environment is important for success... Read | The National Consumer Tribunal has handed down judgement that finds Shoprite guilty of reckless lending... Read | Lauren Hartzenberg Iconic Danish toymaker Lego is set to shed 1,400 jobs after suffering its worst financial performance in over a decade... Read | The Woolworths top management will not receive Christmas bonuses as the retailer failed to achieve profit targets.... Read |
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|  | Ruth Cooper Feastfox, a spontaneous dining-out app, which recently launched in South Africa aims to take the hassle out of last minute restaurant hunting and booking. We got in touch with co-founder Stuart Murless for #InnovationMonth. read | |  | Ilse van den Berg IFA 2017, with its 1,805 technology exhibitors, is in full swing until Thursday, 6 September 2017 at the Berlin Expo Center. This year's tech trade show introduced some pretty cool inventions and technologies to the public... read | |
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 | South Africans prefer to access their banking services with a mobile app, and they are most likely to complain about bad service... read | | |
 | Walvis Bay gets ready to welcome Dunes Mall, a 27,500 m2 development from South African property developer and investor Atterbury... read | |  | Khosikhulu Toni Mphephu Ramabulana, of the royal VhaVenda people, officially opened the new Thavhani Mall in Thohoyandou, Limpopo... read | | |
 | In today's on-demand retail landscape, manufacturers are undergoing massive changes to meet customers ever-increasing expectations... read | | |
 | Issued by Cash Crusaders Second-hand retailer Cash Crusaders relaunched its updated website on 5 September, giving South Africans the opportunity to experience the brand's offerings in a whole new light... read | |  | The 2017 PriceCheck Tech & E-commerce Awards shortlist has been announced, following a record 44,500 votes cast... read | | |
 | The KwaZulu-Natal Manufacturing Indaba roadshow will be hosted in Durban on Thursday 14 September 2017 at the ICC... read | | |
 | Tory Burch led efforts on day two of New York Fashion Week on Friday to head off troubled times by offering an upbeat collection of bold color and geometric print... read | |  | Issued by Ackermans Ackermans relocated, and re-opened its doors in one of Africa's leading retail, leisure and entertainment destinations, Canal Walk shopping centre, on 1 September... read | |  | A host of French-owned fashion labels spanning Christian Dior to Saint Laurent pledged Wednesday to ban ultra-thin models from their advertising and catwalk shows... read | | |
 | Marc Hasenfuss Earnings at Rhodes Food Group have been gnawed away by the stronger rand and weaker global demand in the 10 months to end-July... read | |  | Karl Gernetzky Pioneer Foods Group's share price plummeted almost 7% on Friday, after the company announced CEO Phil Roux will step down... read | | |
 | On 9 September 2017, participating Starbucks store teams celebrated the group's position in 99% ethical sourcing, by writing 99 on customers' cups... read | |  | McDonald's workers staged the first ever strike in Britain on Monday in protest at pay and working conditions at the US fast-food giant... read | | |
 | Issued by Pyrotec How do brand owners comply with the vast array of acts, regulations, guidelines and codes required on FMCG packaging and still achieve the shelf shout products need to stand out on cluttered retail shelves?... read | | |
 | Sylvain Charlebois Amazon is not wasting time in its acquisition of Whole Foods. Speed of execution, after all, is at the essence of the tech giant's business model... read | |  | Exclusive Books is celebrating the 20-year anniversary of its Fanatics loyalty programme, which now boasts 750,000 members. read | |  | Building materials retailer Italtile said on Wednesday, 6 September, its deal to acquire Ceramic Industries would take effect on 2 October, after the companies receive regulatory clearance... read | |  | Issued by XON Retail Solutions Bjorn Rencken, co-owner of the family-run Ladysmith Spar, says he has implemented Pricer electronic shelf labels to support perpetual stocktaking for all nine of his family's stores... read | |  | The team behind The Space has launched Now Showing, a regularly transforming shopping space offering fashion and lifestyle innovation... read | |  | Clothing and homeware retailer Mr Price says it is making headway in its attempt to regain market share lost by its clothing units... read | | |
 | Coca-Cola Beverages South Africa (CCBSA) has added 50 community entrepreneurs to its network of local distribution partners since the beginning of the year... read | | |
 | Julia Ahlfeldt As industries across the board find themselves having to transform to keep up with a digital economy, customer experience (CX) is playing a significant role in providing businesses with opportunities for innovation and sustainability... read | |
| | | | | | |  The New Rules of Retail Laboratory, facilitated by Dion Chang and Bronwyn Williams of Flux Trends, will guide you through the new retail landscape. Read more >>
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| Rei Kawakubo "This idea of collaborating with designers - that's something I can identify with." Cristobal Balenciaga "Elegance is elimination." Raf Simons "I am always attracted to the moments when a person who is associated with a certain message, image or sensibility evolves. I am very interested in how audiences respond to that maturation and absorb the evolution." Calvin Klein "The best thing is to look natural, but it takes makeup to look natural." Freddie Mercury "I have fun with my clothes onstage; it's not a concert you're seeing, it's a fashion show." |
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