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There is no doubt that we are in the midst of a retail media gold rush.
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NIQ South Africa has released its latest State of the Retail Nation analysis for the last quarter and full year calendar year of 2024, showing moderate increases in retail sales despite a strong festive season finish.
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The online grocery delivery sector is experiencing revolutionary changes.
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NIQ South Africa has released its latest State of the Retail Nation analysis for the first nine months of 2024, showing healthy revenue prospects for the FMCG and Tech & Durables retail sectors.
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One of the greatest myths surrounding retail media is that retailers are transforming into fully-fledged media owners.
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Technology is disrupting every aspect of the ecommerce shopping journey and fundamentally altering consumer behaviour. But the benefits for retailers have accrued unevenly so far.
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Research released by retail analyst Trade Intelligence earlier this year indicated that township trade brings in about R200bn annually.
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Leading South African manufacturers and retailers are starting to look more carefully at how digital platforms such as ecommerce marketplaces.
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In a recent announcement, Walmart CEO Doug McMillon revealed that the retail giant utilises Gen AI to greatly increase their efficiency.
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A recent social survey conducted by PayPal, showed that over 56% South Africans shop online multiple times per month, with 20% shopping online weekly.
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