Trade Tatler Newsletter

News from the FMCG retail industry – delivered fresh every week

THIS ISSUE: 23 September 2026

Happy Heritage Day, Mzansi

Share

A shorter Tatler for a shorter week, as South Africans across the country celebrate Heritage Day tomorrow, our most colourful, vibrant and jovial of public holidays. Leading us into the news this week is Shoprite, with the Competition Commission approving its acquisition of PicardiReBEL, allowing it to stake an ever bigger claim on SA’s liquor market. Pick n Pay’s succession plan is rolling along, with The Big Blue announcing the name of its next CEO, who will be working alongside the current one for 18 months or so. And from our economist’s desk, we learn that food inflation has not been this low in 16 years, alleviating the cost of tomorrow’s braai somewhat, although the fuel needed to get to the shops is costing us more. Enjoy the read, and Happy Heritage Day.

THIS ISSUE: 23 September 2026

Happy Heritage Day, Mzansi

Share

A shorter Tatler for a shorter week, as South Africans across the country celebrate Heritage Day tomorrow, our most colourful, vibrant and jovial of public holidays. Leading us into the news this week is Shoprite, with the Competition Commission approving its acquisition of PicardiReBEL, allowing it to stake an ever bigger claim on SA’s liquor market. Pick n Pay’s succession plan is rolling along, with The Big Blue announcing the name of its next CEO, who will be working alongside the current one for 18 months or so. And from our economist’s desk, we learn that food inflation has not been this low in 16 years, alleviating the cost of tomorrow’s braai somewhat, although the fuel needed to get to the shops is costing us more. Enjoy the read, and Happy Heritage Day.

THIS ISSUE: 23 September 2026

Share

Happy Heritage Day, Mzansi

A shorter Tatler for a shorter week, as South Africans across the country celebrate Heritage Day tomorrow, our most colourful, vibrant and jovial of public holidays. Leading us into the news this week is Shoprite, with the Competition Commission approving its acquisition of PicardiReBEL, allowing it to stake an ever bigger claim on SA’s liquor market. Pick n Pay’s succession plan is rolling along, with The Big Blue announcing the name of its next CEO, who will be working alongside the current one for 18 months or so. And from our economist’s desk, we learn that food inflation has not been this low in 16 years, alleviating the cost of tomorrow’s braai somewhat, although the fuel needed to get to the shops is costing us more. Enjoy the read, and Happy Heritage Day.

50

the no. of stickers shoppers can collect when spending at Checkers

3

banks now part of the Clicks rewards ecosystem

17,304

deliveries made by Checkers Sixty60 top performer

26

years spent at Woolies by Pick n Pay CEO-designate

+0.7%

food inflation for Aug, lowest in 16 years

YOUR NUMBERS THIS WEEK

RETAILERS AND WHOLESALERS

Shoprite

A sticky situation

The short version: Shoprite to buy independent liquor business | Checkers’ next collection is here | Awards night for Sixty60 drivers
Shoprite always seems to be in the news, and makes no exception during this shorter week either. We kick off with this: The Group has been given the green light by the Competition Commission to acquire 34 strangely capitalised PicardiReBEL liquor stores, one of which is a wholesaler. Now we await the decision of the Competition Tribunal, which will most likely allow the transaction to go ahead subject to its usual condition or two.

Next, brace yourselves, parents and teachers of young primary school children – Checkers’ annual collectable mayhem is back. This year, the retailer has kept things relatively simple, introducing what it is calling “Stickables”, i.e. 50 colourful stickers with “special effects” (strobe lights, perhaps?), featuring some of South Africa’s most recognisable brands, like the Duracell Bunny, Oros, Bar-One, Ricoffy and Sunshine D. If we had to hazard a guess, the mini Sixty60 delivery bike will be the most sought-after sticker, with kids scrambling to get their hands on one to complete their specially created Sticker Books. “So much nostalgia. 10 out of 10 to Checkers for this,” we overheard one of our colleagues say at the water cooler. Maybe it will be the moms falling over each other to collect them all, quietly indulging their inner ‘90s child.

And in closing, let us take a moment, as Pingo did last week, to recognise the hard work performed by our intrepid Sixty60 drivers, who work so hard to deliver our groceries within 60 minutes through heat, rain, wind and potholed South African roads. The Pingo Driver Recognition Awards celebrate standout driver partners and operational teams, with the fourth annual edition bringing together 37 nominees from across SA, who were flown to Cape Town to attend the event. There are too many winners to mention, but some standout performances included those from 21-year-old Wayne Van Wyk based in Shoprite Belhar, Cape Town, who completed 96.7% of his 10,974 deliveries on time. And what about Monsuru Oshineye, who, at 50 years of age, holds the distinction of being the network’s highest-performing driver, having completed 17,304 deliveries since joining Pingo in 2023. Based at Checkers Kuruman in the Northern Cape, he has maintained a 99.09% on-time delivery rate.

Source: Tatler Reporter 22/09/26

Ti Perspective: A heartfelt round of applause to all the winners.

Retailers in Brief

Heir conditioning

The short version: Pick n Pay appoints CEO designate | Clicks partners with 3 major banks | How is Walmart doing in SA?
Big news from
Pick n Pay is that the team has already chosen its future CEO, Mr Spencer Sonn, who joins The Big Blue after 26 years at our poshest retailer, Woolworths. During his time there, Sonn spent five years as MD of the Food division, and brings with him experience across both operations and executive leadership. Sonn will join Pick n Pay in February next year, giving him plenty of time to work alongside Sean Summers until Summers’ contract expires in May 2028. “I am looking forward to working closely with Sean,” said Sonn.

Next, building on its longstanding partnership with FNB eBucks, Clicks has announced that it will also welcome Absa Rewards and Standard Bank UCount Rewards into its loyalty ecosystem, creating one of SA’s most extensive loyalty networks. FNB eBucks customers will be pleased to learn that their benefits have been enhanced, allowing them to get up to 50% back in eBucks on selected products. Meanwhile, eligible Absa Rewards and Standard Bank UCount Rewards members can earn up to 30% back on their full basket. Another innovation is Clicks’ new gamified ClubCard platform, where members can earn coins by participating in various activities and use them to access partner rewards, with more than R10m in lifestyle vouchers available. “As consumers increasingly seek smarter ways to stretch their budgets, we are redefining how loyalty works by connecting value across everyday shopping, banking and lifestyle experiences,” explained Bongiwe Ntuli, Clicks Group Executive: Retail.

How are SA’s Walmart stores doing? Well, according to SA Corporate Real Estate, the owner of the East Point Shopping Centre where Walmart’s third SA store opened in March this year, it “has already outperformed the Game store it replaced”, achieving a trading density 28.7% higher than Game. In other words, Walmart made nearly 29% more money out of every square metre of the shop floor than Game. It was thought that East Point would kickstart an accelerated roll-out of Walmart stores across the country, although none have come to fruition, as yet, and the retailer is being pretty mum about things. Maybe 2027 will be the year. 

And finally, in a recent interview, Dis-Chem co-founder and former CEO, Ivan Salzman, had a rather peculiar thing to say about the bodybuilders who helped the retailer establish itself at the go-to store for sports supplementation – see our Weekly Guru below. While recognising that they played an important role in, ahem, building the credibility of the products, Salzman conceded that they perhaps were not the best of salespeople. It could have been worded a little more diplomatically, sir. We wouldn’t want to meet any of those guys in a dark alley right now.

Source: Tatler Reporter 22/09/26
Formal Independent banner

MANUFACTURERS AND SERVICE PROVIDERS

Suppliers in General

A can-do attitude

The short version: Oceana exposed to mixed conditions at sea | Tiger Brands zeros in on zero-waste
Lucky Star owner,
Oceana Group, has announced a mixed performance in its trading update for the 11 months to end August, driven by improved performances in certain divisions while others lay victim to lower production and sales volumes. Within Lucky Star, shortages of frozen raw fish constrained the availability of canned pilchard and slowed sales momentum, while its corned meat products showed strong sales. In terms of fishmeal and fish oil, its African division saw production volumes drop by 73%, due to lower fish landings and reduced trimmings from the cannery side, while Daybrook, its American business, had a better time of things thanks to higher volumes and a stronger exchange rate. Oceana’s wild caught seafood segment also did well, resulting in an overall increase in operating profit for the Group. 

Impressive news from Tiger Brands is that three of its manufacturing facilities have achieved zero waste to landfill for three consecutive months: the Beverages plant, and Home and Personal Care plant in Gauteng, as well as Cape Town’s Jungle cereals plant. Collectively, the sites have diverted more than 60 tonnes of waste from landfill thanks to waste segregation, operational changes, specialised waste treatment and partnerships that enable materials to be recycled, recovered or repurposed. Waste is diverted in various ways across the facilities – the Beverages plant, for example, has been making waste management improvement over several years, while at the Home and Personal Care plant a targeted approach for specific waste streams has been adopted. At the Jungle plant, waste is diverted through refuse-derived fuel production, composting and conversion to animal feed. Tiger Brands’ 2030 environmental stewardship target is to achieve zero waste to landfill across all its manufacturing plants.

Source: Tatler Reporter 22/09/26
Ready to eat banner

TRADE ENVIRONMENT

Inflation

Food inflation at 16-year low

By Carey Leighton, Ti Economist and Retail Analyst
The short version:
Transport costs hold up total inflation, while food inflation slows to only +0.7%
Stats SA’s
August 2026 inflation (aka Total CPI) came out at +4.4% (after +4.3% in July,  +5.0% in June and +4.5% in May). Here’s a look at what happened:

  • Transport inflation remains the biggest driver behind total inflation at +8.8% YoY for August 2026. The petrol price did come down a bit month-on-month (-52c/l) but diesel increased +R1.38/l, so fuel inflation remains elevated at +20% YoY (back in Mar 2026 there was deflation of -8.7%, remember those days?) and +11.6% for ‘passenger transport services’, including taxi fees
  • Housing and utilities CPI: Relatively stable at +5.2%, water and electricity remain high (+7.2%, and +7.4% respectively), rent inflation is at +4.0%
  • Personal care inflation remained contained at +1.0% in Aug 2026 after averaging +1.2% in 2025
  • Food and non-alcoholic beverages CPI: Was only +0.7%, its lowest since 2010.  Meat inflation only +1.5% because this time last year the index was at +11.3% as beef supply was impacted by the foot-and-mouth disease outbreak. There are a number of sub-categories reporting deflation: processed foods (-1.2%); breads & cereals (-1.9%); fruits (-5.5%); and vegetables (-0.6%)
Source: Source: Stats SA

Ti Perspective: While record-low food inflation (+0.7%) is a welcome relief, the reality remains that household budgets are still heavily constrained by transport and other costs. With meat prices having been so high over the past year, tomorrow’s Heritage Day braai chop might look a little smaller – but thanks to deep deflation in veg and grains, maybe the lekker side salads and garlic bread will be plentiful.

Forecourt article banner

THE WEEKLY GURU

“We had bodybuilders in the aisles for a while, but they are actually quite slow and lazy people.”
Ivan Salzman, Dis-Chem co-founder and former CEO

Keep your finger on the pulse of FMCG retail

Get the latest industry news, insights and opinions from the Ti analyst desk

Subscribe to our weekly Trade Tatler newsletter and monthly Retail Pulse insights mailers.
Full Name
Insights & Updates
(Occasional emails with industry insights, new research, and events)
Tatler
(Weekly FMCG retail news, sent every Thursday)
Connect with us
Full Name
Insights & Updates Emails
(Occasional emails with industry insights, new research, and events)
Tatler subscription
(Weekly FMCG retail news, sent every Thursday)