Consumer spending trends and retail innovation
This week, Danette Breitenbach reports back on the launch of the South African
Mastercard SpendingPulse Report, an early indicator of consumer spending trends. Among the key finding is that consumers are no longer buying goods; instead they are spending their hard-earned cash on experiences. Details in
our top story today.
#InnovationMonth is in full swing! I interview the founders of Cape Town-based
ethical fashion and lifestyle brand, The Joinery, on how they're helping to cement South Africa's spot on the slow fashion map. Meanwhile Ruth Cooper
chats to the founder of Now Showing, a new constantly evolving boutique store and events space promising a unique consumer experience.
I also bring you some of the highlights of the
sold-out #ClicksCurls event, an expo that celebrates the natural hair movement and is an expression of Clicks' increasing investment into ethic haircare.
In other not-to-miss news,
Yuppiechef is set to open its first physical store,
Toys 'R' Us files for bankruptcy in the US and Canada, and
Pick n Pay sets the record straight regarding its reported Bitcoin payments.
To our South African readers, enjoy the shorter working 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". | |
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 | Lauren Hartzenberg Cape Town-based ethical fashion and lifestyle brand, The Joinery, is trailblazing the local sustainable business scene... read | |  | Ruth Cooper Now Showing is a constantly evolving boutique store, gallery and events space that recently opened its doors at 109 Waterkant Street in Cape Town. read | |
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 | Danette Breitenbach The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends... read |
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- Richemont appoints new CTO, head of HR - more info
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Lumoss Mouldings requires the skills of an experienced warehouse manager. Must have a min of 15 years' experience as a warehouse manager in non-food FMCG market. Read more >> |
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 Come and join industry players at the Sixth CSIR Conference on 5, 6 October 2017 at the CSIR International Convention Centre. The theme is ‘ideas that work for industrial development'. Read more >> |
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Thomas Fuller "Care and diligence bring luck." Kofi Annan "Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family." Paul Tournier "Sooner or later, those who win are those who think they can." Howard Schultz "The challenge of the retail business is the human condition." Robert Delaunay "Light in nature creates the movement of colours." |
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