Did you get bargains from the Black Friday Bonanza?

black friday sale

Black Friday a huge shopping day in the United States for many years but just in its infancy in South Africa, the Black Friday retail phenomenon has had mixed reviews. Promoted on the back of a tight economy, with consumers still having to factor in the increase in VAT to 15%,  petrol hikes and the hiking of the repo rate by 25-basis points to 6.75 percent the day before, the event didn’t put a dampener on the enthusiasm of shoppers to find those fantastic bargains ahead of the festive season. Retailers also pulled out all the stops to attract shoppers, both online and to bricks and mortar stores, to spend their hard-earned cash ahead of the traditional festive season.

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Shopping malls address parking fees

carparks

Are we finally going to be able to shop at the big malls without being charged exorbitant parking fees? Well, one of the property groups has confirmed that it will scrap parking fees at some shopping centres next year.

Redefine Properties, which owns Centurion Mall, Maponya Mall, Southcoast Mall, Benmore Centre, Blue Route Mall, Riverside Mall, Kenilworth Centre and Wonderboom Junction, in a report by Business Insider, will scrap parking fees at some shopping centres and have a capped parking fee of R5 everywhere else.

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FNB Franchise Leadership Summit identifies new frontiers in franchising

fnbfranchisesummit

Quoting the research results from FASA’s recent franchise survey, which showed that despite a tough economy, the franchising sector continues to grow, the FNB Franchise Leadership Summit brought together speakers that identified key trends in this dynamic space.

1. More Multi-Unit Owners, and franchisees owning multiple concepts

What happens once you have mastered the tried and true formula franchises have designed for their franchisees? If you’re like many franchise owners, you start opening another location. And then another. By recreating your success in multiple locations, you can quickly grow your revenues and increase your business’ sustainability. Many franchisee owners are also opening other, non-competing franchise offerings as they grow their businesses in an effort to diversify earnings.

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PICK N PAY tops the list as the most influential brand in South Africa

influential brand

At the launch of Ipsos South Africa’s inaugural survey measuring the influence that brands have on South Africans, Pick n Pay topped the field in the Top 10 Most Influential Brands in South Africa. The winning top ten are all rooted in South Africa, retain and uphold the traditional uses and values of the brand yet continue to move forward to address what their customers need with line extensions and upgrades when needed.

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Global recognition for Signarama Southern Africa

At the Signarama World Expo which recently took place in Cancun, Mexico. Signarama Southern Africa franchisor, represented by Kurt Tyack, received the award for the Master Partner of the Year as the top performing Signarama country network in the World (outside of the US and Australian markets).

The award is the culmination of a great deal of hard work, and was accepted with a great deal of pride by Kurt Tyack in Cancun. “This award is testament not only to the work put in by everyone at the Signarama support office in South Africa to develop and grow the brand, but also the hard work put in every day by our incredible network of franchisee partners”, explained Tyack.

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