There is so much more in store for the African retail industry. According to research conducted by PWC, many sub-Saharan African countries have emerged among the world’s fastest-growing economies. This kind of development is due, in part, to a great deal of...
HP have announced innovative new solutions designed to meet the unique needs of small and medium-sized retailers and hospitality operators. The new HP Engage One Prime expands HP’s portfolio of point-of-sale systems with an all-in-one solution optimized for...
Television has captured the imagination of audiences since its inception over 75 years ago. But as technology evolved, so have audience needs and expectations. In an era of instant gratification, the television industry in Africa has reached an inflection...
International business software company, Freshworks has been announced as a sponsor for the highly anticipated Digital Retail Forum 2019, set to take place on 30 January 2019 at the Hilton Hotel in Sandton, Johannesburg, South Africa. Under the theme...
As convenience retail continues to grow as an industry sector, retailers must remain focused on the most significant trends that will see their businesses flourish, and in so doing, strengthen their standing in the ever-competitive retail environment....
2018 has indeed been a tough year for South African businesses. Many organisations have faced closing their doors or reinventing themselves in order to remain in business. Now more than ever, companies need to differentiate themselves, and the most viable way...
December 28, 2018 •
Retail •
Neo Sesinye •
Comments Off on Three ways 3D printing is shaking up retail
With the advent and rapid evolution of 3D printing technology, the nature of retail is changing dramatically. By decentralizing manufacturing and bringing it physically closer to the consumers it serves, 3D printing enables the on-demand production of...
December 11, 2018 •
Finance, Opinion •
Neo Sesinye •
Comments Off on New age consumerism and the consumer power-shift
Advances in telecommunication technology have transformed the tools used for marketing and consumerism and ultimately, the way that businesses operate. The Statista 2017 Report indicated that the number of smartphone users in the United States is estimated to...
Takealot.com, South African online retailer, saw a record number of visitors to its site on Black Friday 2018. The annual Takealot Blue Dot Sale went live at 12:01 on Black Friday morning and generated more than R11,5 million worth of transactions in the...
Even though local retailers braced themselves for Black Friday, the onslaught on systems still resulted in all the major payment mechanisms buckling under the pressure. Once again instant EFT payment provider i-Pay has remained completely available and stable...
November 22, 2018 •
Features, Retail, Top Stories •
Neo Sesinye •
Comments Off on “We need economic growth to stimulate retail sales in Africa” – Grant Morgan
Black Friday has quickly become a major retail campaign in South Africa, particularly for online stores. Last year, overall sales spiked by almost 2600% on the day. But online retailers in particular encountered major issues with website uptime or payment...
Over the course of a decade or so, the retail industry has seen a massive shift towards the adoption of technologies that add value to the evolving customer journey, and the innovation of products and services. Under the theme “Harnessing Digital...
South Africa’s e-Commerce will get a major boost on Black Friday and Cyber Monday as consumers are increasingly becoming aware of the convenience of online shopping to avoid the long queues, says FNB. Last year, FNB processed an average of over 800 000 card...
November 21, 2018 •
Retail •
Danielle Kruger •
Comments Off on How to beat the Black Friday delivery blues
The biggest challenge on Black Friday isn’t a system crash or a payment failure. It’s the delivery problems that come after the purchases have been made. This year, courier companies are working closely with e-tailers to ensure that delivery expectations...
What to do before, during and after your Black Friday online shopping sprees, to protect yourself and your loved ones from possible hackers and identity theft. Cyberattacks, data breaches and hackers are a constant threat in today’s digital world. At...
November 15, 2018 •
Events, Retail •
Neo Sesinye •
Comments Off on DEFY leads communication at the Turkey – Africa II. Economic and Business Forum
The second annual Turkey – Africa II. Economic and Business Forum was held in October in Istanbul. Hosted by the Ministry of Trade and organized by Foreign Economic Relations Board of Turkey (DEiK), in collaboration with the African Union (AU), this event...
