Edcon to use R2.7bn lifeline to restructure business: Johannesburg in the news: Edcon to use R2.7bn lifeline to restructure business: JOHANNESBURG – Edcon chief executive Grant Patttison has said that the group would use the R2.7 billion lifeline it received from lenders, landlords … – Google Alert – Johannesburg Arnold Schwarzenegger drop-kicked … [Read more...] about Edcon to use R2.7bn lifeline to restructure business
edcon
Engen and Edcon partner up for rewards
Engen and Edcon partner up for rewards: Engen and Edcon’s new partnership Engen has launched an exciting new partnership with Edcon’s Thank U loyalty programme. According to Engen’s Head of Retail, Seelan Naidoo the partnership is another way that Engen is putting customers first. “By partnering with one of the most popular rewards programmes in the country, this … [Read more...] about Engen and Edcon partner up for rewards
SA News: Bain Exit Leaves Edcon Struggling in South Africa Retail Slump
Bain Exit Leaves Edcon Struggling in South Africa Retail Slump: Bain Capital Partners LLC’s decision to walk away from Edcon Holdings Ltd. leaves South Africa’s largest clothing retailer to claw back market share amid weak consumer confidence and a market recently populated by international heavyweights like Hennes ... Source: "South Africa" - BingNews Efforts to save the … [Read more...] about SA News: Bain Exit Leaves Edcon Struggling in South Africa Retail Slump
Edcon in wrongful fee probe
Edcon Holdings, the retailer controlled by US private-equity firm Bain Capital Partners, faces a fine and other penalties after a South African regulator found it had breached the National Credit Act. Edcon, which operates outlets such as Jet and Edgars, has been wrongly charging consumers a fee for clubs linked to store cards that shoppers use at its franchises, the … [Read more...] about Edcon in wrongful fee probe
Free Financial Services Booklet
Edcon Discount Division’s flagship clothing retail chain, Jet Stores, is distributing a complimentary financial services information booklet to its 1.1 million loyalty club members and remaining South African Jet account holders this month via the Jet Club magazine, which enjoys a readership of 5.8 million readers (AMPS 2009). The Jet Financial Services booklet will be … [Read more...] about Free Financial Services Booklet
