South Africa's retail industry boasts first world retail infrastructure and brands while operating in a complex mix of both first and 'third' world markets. The industry has evolved from predominately local brands, who enjoyed home market dominance, to a more competitive landscape with international brands such as Walmart, Zara, Topshop and H&M, all setting up shop on our shores.
While this presents challenges, it also offers opportunities and raises a number of questions.
Can international brands survive at a price point that is feasible and on trend for the economically and culturally segmented SA market? In turn, can local retailers survive the competition while maintaining their differentiation and value propositions? Declining economic growth, political uncertainty, high inflation, lower business and consumer confidence, add complexity to an already challenging business environment.
Retailers and their supporting ecosystem of suppliers, manufacturers, distributors and logistics companies will have to adapt to remain sustainable and thrive amidst the volatility of the changing retail environment.
- Local and international retail trends
- The impact of digital, mobile and ecommerce on retail
- Understanding the consumer; future shopping behaviours and customer engagement
- Product differentiation
- Operational effectiveness and efficiency
- The profitability challenge and driving bottom line growth
Speakers to be advertised shortly.
A 20% discount applies for companies booking 5 or more attendees.