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Foschini Group to close 280 stores as shoppers shift to online retail
TFG plans to close around 280 stores across Africa as online sales surge, physical retail struggles and consumers remain under financial pressure.
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itweb.co.za
Online penetration boosts TFG retail sales
The Foschini Group’s online sales grew by 15.3% compared to the same period last year, contributing 15.9% to total business sales.
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iol.co.za
Foschini Group to close 280 stores as shoppers shift to online retail
TFG plans to close around 280 stores across Africa as online sales surge, physical retail struggles and consumers remain under financial pressure.