Major retailer in South Africa closing 280 stores
The Foschini Group (TFG) plans to close about 280 stores in Africa through 2029 as the retailer focuses on online sales, which are outpacing its physical operations.
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Bash | Business | Claude Hanan | Luke Jedeiken | TFG
One of South Africa’s largest retailers is challenging Takealot
TFG has published its third-quarter and nine-month fiscal year-to-date results, reporting substantial online sales growth in its TFG Africa division.
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The family behind two multi-billion-rand retail empires in South Africa
One South African family is intimately tied to two of the country’s biggest retailers.
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Business | Foschini | TFG | White Stuff
Major South African retailer takes a hit in Australia and the UK
The Foschini Group has seen a drop in earnings, but believes its shares are trading at a discount to their intrinsic value.