JOHANNESBURG - Edgars is entering a new growth phase six years after being rescued from collapse.
The retailer, now owned by Retailability, plans to open 50 new stores over the next two years and expand its current footprint of 100 outlets across South Africa.
The move follows a three-year restructuring programme that saw the group return more than 100,000 square metres of retail space to landlords to improve profitability and efficiency.
Edgars says the revamped stores have exceeded expectations, supporting stronger sales and larger customer basket sizes.
The expansion will include traditional Edgars stores, additional Edgars Beauty outlets, and the launch of Edgars Connect, the retailer’s first standalone cellular store, later this month.