in brief
“THE EDGARS BUSINESS STARTED SHIFTING TOO NICHE AND, ULTIMATELY, IT TOOK THE BIG-BOX RETAILER FURTHER AND FURTHER AWAY FROM THE AVERAGE SOUTH AFRICAN.”
− which closed a deal to acquire 130 of 194 Edgars stores. In an interview with Reuters he explained the plans are to reposition Edgars as a mass market brand, retailing fashion and beauty products, and to exit its homeware division. This new strategy will entail getting the right balance between private labels
