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'Pretty dreadful': SA close to rock bottom, says Foschini owner TFG - but the only way is up

Foschini owner TFG believes SA is close to "rock bottom" as far as its energy crisis and other structural problems are concerned, with the retailer hopeful of seeing some improvements at power utility Eskom over the next year. ....

Anthony Thunstr , Anthony Thunstrom , Onstrained Consumers ,

Foschini owner TFG scales back expansion as load shedding and interest rates bite

Foschini and JET owner TFG is battening down the hatches to prepare for deteriorating economic conditions, saying it will be scaling back its store expansion as it looks to its financial 2024 as a year of "consolidation". ....

South Africa , South African , Anthony Thunstrom ,

Upping its app game: Foschini-owner TFG says it's ready for Amazon's SA arrival

TFG is ready to compete when Amazon launches in SA, but says the US e-commerce giant’s entry will also encourage the adoption of online retail habits by consumers and probably boost its sales in the long term. ....

Anthony Thunstrom , Anthony Thunstrom , Online Retail ,