Woolworths has committed to “more accessible prices”, and plans to “invest” R1 billion in keeping prices lower over the next two to three years. This means in effect that it may shrink its profit margins on some products, and hike prices by less than it had previously planned. Savings due to cost cutting and efficiencies...
Day: <span>21 October 2020</span>
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Sony Show Love and Support to Black Lives Matter Movement (BLM)
Sony has provided a new way for PS4 owners to show their support for the Black Lives Matter movement inside their consoles. Today, the company released a new static theme on the PlayStation Store called the “Black Lives Matter Theme.” The theme is available now for free on the PlayStation Store. As you can see from the images...
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Google to Turn YouTube into Shopping Channel of the Future
YouTube has served as a platform for vloggers, content creators, and influencers to plug products for years, and now its parent company Google thinks it too can benefit from this by venturing into the world of online shopping. As Bloomberg reports, Google is looking into making YouTube “a major shopping destination.” The video site recently asked some of its content creators...
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PayPal enters UK’s buy now, pay later market
PayPal is to take on the likes of Klarna and Australia’s AfterPay with the launch of a buy now, pay later shopping service that lets UK consumers pay for their purchases in three monthly installments. Through PayPal Pay in 3, businesses can offer their customers the option of making purchases between £45 and £2,000 by...
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Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!...
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Don’t Stay Where You’re Tolerated writes Mark Sham
Today’s message is all about not staying where you are tolerated, but going where you are celebrated! As some of you would have seen, I hosted my very first HAPPINESS workshop over the weekend in Johannesburg. I had spent the last few weeks prepping the content, which means I spent a lot of time focusing...
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South African Retailer Pick n Pay buys SA delivery startup Bottles
Pick n Pay has concluded an agreement to purchase on-demand delivery startup Bottles. The acquisition is expected to be completed by November this year, with Bottles founding members Enrico Ferigolli and Vincent Viviers, and key managers and staff moving across to Pick n Pay. The move will enable the retailer to build on the success...