Category: Retail Sector

As South Africa joins the USA and many parts of the world in the hype around Black Friday and Cyber Monday in November, are retailers not short-changing themselves by running with early specials only to then find themselves with empty tills in the weeks leading up to the festive season? FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

It’s no secret that being in the signage industry means dreaming about landing that BIG retail giant’s contract to make profits sign and cement a good relationship for future business. But how exactly do you go about that? We take the guess work out of the equation, read on for tips on landing THAT big contract. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

On 30 October 2015, the Competition Commission established the Grocery Retail Sector Market Inquiry (the “Inquiry”) with the purpose to assess amongst others, the impact of long-term lease agreements entered between property developers and national supermarket chains. 4 years on, the Inquiry has published preliminary findings and recommendations. The Inquiry has reported that certain existing features in the grocery retail sector distort competition between national supermarket chains, wholesalers and independent retailers. In particular, the significant buying power that national supermarket chains wield over property developers and suppliers places them in a strong position to influence the terms of agreements by …

The increase in online shopping and the consequent reduction in comparative trading densities prompted the South African Council of Shopping Centres (SACSC) to commission a new research report by MSCI titled Experiential vs Convenience Malls – Tenant mix driving mall strategy? FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Since establishing the Grocery Retail Sector Market Inquiry in October 2015, the Competition Commission finally made public its findings which looked into key areas of concern in the grocery retail sector. It found features that ‘may prevent, distort and restrict competition’ effectively excluding widespread participation in the retail sector where barriers to entry should be low and participation possible. These relate to: the use of long-term exclusive lease agreements and the exercise of buyer power by the national supermarket chains; the inability of small and independent retailers, particularly spaza shops to adapt to a changing competitive environment; and the lack …

Research by McKinsey State of Fashion shows that more than half of fast-fashion items are thrown away in less than a year, with 11 million clothing items a week (or 300 000 tonnes a year) in the UK alone landing up in landfills. The answer, it seems, is to never put clothes in the bin and rather, like FASA member 2nd Take, turn it into a successful franchise. Gumtree SA reports having more than 20 000 items of clothing listed on their site and their survey shows that 65% of responders have ten or more items in their wardrobe that …