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Articles in category: Retail & CPG/FMCG
Hope and a brighter future are on the horizon for the clothing and textile industry. In a national executive committee meeting of the Southern African Clothing and Textile Workers’ Union (Sactwu) last week, it was revealed that the industry continued to stabilise with a slowdown in job losses.
The union said the number of jobs lost had declined by 66 percent between a 12-month period in 2010 and the corresponding period in 2013.
Wal-Mart Stores, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.
There, consumers say they want food that is safe and authentic, and, after 17 years, Wal-Mart is changing its approach, closing some big-box stores that never quite caught on with locals. Instead, it's focusing on private-label products and imports, putting its stamp on quality and safety.
“We're closing some stores because we got enamoured with growth,” said Raymond Bracy, head of corporate affairs at Walmart China. “We're not going ...(Read Full Article)
A major downside to online shopping as opposed to shopping in store is the delay between ordering and receiving purchases. In a physical store, the customers can see the items they wish to buy, choose them and then take them away home with them. On the other hand, for online purchases, the delay between order and delivery may dissuade customers from buying items. The major online retailer, Amazon, has been worrying about this potential barrier to online sales for a while.(Read Full Article)
As a slowdown in emerging markets takes the shine off shares in consumer goods makers such as Nestle, Unilever, Danone and Procter & Gamble, hungry investors have been sampling more of the companies that supply them.
Scent and flavour makers such as Symrise, Givaudan and International Flavours & Fragrances (IFF), and food ingredient names such as Glanbia and Kerry Group are attractive, analysts say, because they are more resistant to weak consumer spending and benefit from health and wellness trends forcing so many brands to modify their products.(Read Full Article)
The world's top mobile infrastructure supplier Ericsson is betting that the fast-growing African mobile broadband market will remain dominated by 3G services over the next years as the newest 4G smartphones remain too expensive for local consumers.(Read Full Article)
Africa's rapid telecoms expansion has come to symbolise the continent's economic growth, with the World Bank estimating a 10% increase in broadband coverage could add 1.4 percentage points to economic output.
In a world of shopping centres, high street retailers and an abundance of online options, the consumer has unhindered exposure to the best deals on that much-desired TV or this season’s dress. Not only this, the consumer is no longer faced with the lack of a size 10 dress, as the floor manager will reveal her iPad, providing multiple options of where you can purchase the dress today, or giving you the option to take delivery at home tomorrow.(Read Full Article)
As part of our Expert Insight series, Supply Chain Nation recently sat down with Gordon Wade, chief executive officer and director of best practices for the Category Management Association. In Part I of our conversation with Gordon, he discuss the key markets shifts that are increasing complexity in the supply chain – and that retailers and manufacturers must address in 2014.(Read Full Article)
Despite variable economic conditions, the natural personal care market continues to see strong growth, posting a healthy 10.6% increase globally to reach USD 29.5 billion at the manufacturers' level in 2013. Brazil and particularly China are the fastest-growing natural personal care markets, with sales in China increasing nearly 24% in 2013 and slowly challenging the United States' global market share, according to recently published Natural Personal Care: Global Market Brief by worldwide consulting and research firm Kline & Company.
Growth within mature markets, driven by the large number of brands present in the regions competing on products, price, and ...(Read Full Article)
Don’t yawn. This is a life-and-death issue for small businesses. Anyone who has worked in or around a supplier to a big consumer company—to a supermarket chain, for example—knows the value of information on shoppers’ preferences. If a supplier can use consumer data to shape its offerings and marketing strategies, it has a significantly better chance of survival than its data-deprived competitors.(Read Full Article)
Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.(Read Full Article)
The study, underwritten by an independent grant from Checkpoint Systems, Inc., was undertaken in 2013 by Euromonitor International, and was based upon in-depth phone and written survey interviews conducted in 16 countries among retailers covering 160,000 stores representing $1.5 trillion in sales in 2012. The cost of shrink to U.S. shoppers averaged $300 per ...
The head of procurement at Bayer Healthcare is aiming to double the proportion of spending carried out through e-auctions. Richard Spoor, head of procurement at the pharmaceutical multinational, told the ProcureCon Europe conference in Amsterdam last week there was a 12-fold increase in the volume of spend through e-auctions in 2012 compared with 2011. This amounted to “hundreds of millions of euros” and around five per cent of procurement spend, but Spoor wants to go further.(Read Full Article)
WOOLWORTHS is pioneering a new method of farming that sets out to help the farmers grow quality produce while protecting the environment, preserving natural resources and reducing dependence on synthetic fertilisers, herbicides and pesticides — all without adding anything to the price that the consumer pays.
Between 88% and 92% of the Cape Town-based chain’s fresh produce is grown locally, and its policy is to import only when it cannot obtain produce in SA.(Read Full Article)
The government’s intention to impose a total control on the advertising of alcohol products has sparked a lot of commentary, with the liquor industry preaching a rhetoric that seems to suggest that the government’s plan is not in the best interest of the economy and jobs.
In the main, the Industry Association for Responsible Alcohol Use (ARA), an umbrella body for the liquor industry, along with those who are responsible for advertising alcohol products have asked the government to weigh health concerns associated with alcohol abuse against apparent “economic implications”.
ARA roped in experts and appeared before Parliament ...
Thirteen US-based franchise companies on Friday ended a two-day trade mission to Johannesburg during which the firms had looked to connect with appropriate local candidates that could develop franchises in the South African market. The mission, organised collaboratively by the US Embassy’s Commercial Service and the International Franchise Association, which represents 1 300 US franchise companies, identified the energy, infrastructure development and consumer goods markets as those offering the greatest opportunities for the establishment of new franchise partnerships.(Read Full Article)
JSE-listed Clover said on Wednesday that it would not renew several agreements with Danone Southern Africa when the contracts end in December 2014, enabling the branded consumer goods and beverages group to pursue other opportunities. The company’s exit from the agreements would enable it to shed certain legacy restrictions that were limiting its scope for new product development and further principal distribution prospects, CEO Johann Vorster said.(Read Full Article)
Acquisition of stake in Africa’s biggest fast-food chain outside SA gives Famous Brands its first direct stake in Nigerian market. Famous Brands CEO Kevin Hedderwick said the deal "catapults (the group) to a completely different level" in Nigeria, where it has been trading for 11 years through master license and franchise agreements. Famous Brands is buying 49% of UAC Restaurants, the wholly owned subsidiary of diversified conglomerate UAC of Nigeria that houses Mr Bigg’s.(Read Full Article)
Wal-Mart Stores Inc. said yesterday that it will require its suppliers to phase out 10 hazardous chemicals from personal-care products, cosmetics and cleaning products in its stores. It also will require the suppliers to disclose chemicals in those products. Wal-Mart said that beginning in January, it will monitor progress on the high-priority chemical reduction, restriction and elimination and will begin to publicly report on the progress in January 2016.
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Fairtrade goes from success to success in South Africa as products become more popular with shift in consumers’ social consciousness.
Fairtrade provides social, economic and environmental standards that are dedicated to the empowerment of small farmers and farm workers, while ensuring that production is regulated and brought into the supply chain in a sustainable and environmentally sound way.(Read Full Article)
South African retailer Massmart has rolled out its Ezemvelo direct farm programme to four provinces and is has now enrolled 162 smallholder farmers. Ezemvelo was launched in August last year and formed a part of Massmart’s Supplier Development Fund.(Read Full Article)
In a bid to ensure it is able to harness the ongoing strong demand in Africa, SABMiller announced two major investments in the region yesterday.
In Uganda, subsidiary Nile Breweries officially opened a new brewery in Mbarara in the western region of the country. The new facility, which is Nile Breweries’ second brewery in the country, involved an investment of $90 million (R918m) and doubles the company’s brewing capacity to 3.6 million hectolitres a year.
Further south in Zambia, the group announced that it was investing $24m in building a “hi-tech opaque brewery” in Lusaka.(Read Full Article)
A recent report prompts tough questions over whether retail buying organisations are acting quickly and decisively enough to counter sourcing challenges. One of the more thought provoking findings I encountered in Deloitte’s recent report, Private Label Sourcing: Strategies to Differentiate and Defend, was that over one quarter of respondents don’t currently “align metrics and systems to foster supply chain partner collaboration” but are thinking of giving it a go in the future. For clarity, my initial pause for thought was that such a significant section of the respondents are waiting for the future to try this one out ...(Read Full Article)
Kudos to Walmart for showing industry leadership by embracing and enforcing the Produce Traceability Initiative (PTI). They have recently notified their fresh produce suppliers that effective November 1st of this year, all items delivered to their distribution centers must include standardized case labels. Mislabeled items could be rejected after the quickly approaching January 1, 2014 deadline. This is a significant call to action for ALL suppliers – large and small, whether they supply to Walmart or not. Why? Because I can now expect other retailers to make similar demands on their produce suppliers.
Interbrand released its 2013 Best Global Green Brands report, which examines the gap between a corporation's environmental practices and consumers' perceptions of those practices. When identifying the top 50 Best Global Green Brands each year, Interbrand starts with the 100 brands that make up its annual Best Global Brands report. Interbrand then conducts extensive consumer research to capture public perception of the brand's sustainable or green practices and compares that to environmental sustainability performance data provided by Deloitte — data that is based upon publicly available information.
There has been a lot of talk in recent years about the need to develop more strategic relationships between retailers and their suppliers to improve flexibility and add value across the supply chain. But according to Mark Green, executive vice president of the global supply chain at apparel giant PVH, the biggest changes in sourcing are yet to come. "We're moving from price to value, from bulk purchase orders (POs) to just-in-time, long lead times to speed and flexibility, product development is now focused on innovation rather than just tech-pack execution, compliance is evolving.........................(Read Full Article)