Our retail brands offer clothing, jewellery, cellphones, accessories, cosmetics, sporting and outdoor apparel and equipment, and homeware and furniture from value to upper market segments. The majority of our turnover is in the form of cash sales to customers, with the balance being from our own in-house credit offering. Currently, credit is offered to our customers in South Africa as well as in Namibia, Botswana, Lesotho and Swaziland/Eswatini. In addition to retail turnover, revenue is also generated from interest received on customers’ store cards and through various customer value-added products, available to our TFG Africa customers.
TFG’s footprint comprises 4 034 outlets in 32 countries spanning five continents with more than 27 800 employees. In addition, 20 of our brands offer goods for sale through our e-commerce channels. South Africa and Namibia are TFG Africa’s most significant markets, with the United Kingdom, including Ireland, being the most significant market for TFG London. TFG Australia is focused on Australia and New Zealand.
Our product offering is sourced both locally and offshore, with strong in-house design teams across all business segments. In TFG Africa, our manufacturing capabilities, which coordinates production through our own factories and various independent cut, make and trim (CMT) factories, provide the Group with significant quick response capabilities, which is a key differentiator for the Group.
We are committed to achieving our 2021 targets:
Our Brands will optimise their supply chain capability, including their suppliers, buying processes and quick response. We will optimise the flow of goods from source to customer to enhance the customer experience.
We will be the leading lifestyle retailer in Africa whilst growing our international footprint.
We will deliver an integrated, secure omnichannel customer experience across our various brands
We will offer our customers a range of compelling rewards. Alternative credit products will be investigated that will appeal to our changing customer base.
We will deliver superior customer experiences across our retail brands.
We are committed to embedding a performance-based culture that will ensure that we attract and retain the best talent in the industry.
Supply chain: With a focus on supporting development of the local clothing, footwear, and textile industry, and on reducing the environmental impacts associated with transport and distribution.
People: With a focus on increasing sustainability awareness amongst employees, enhancing talent and diversity through skills development, and establishing and monitoring effective HR metrics aligned to sustainability and transformation.
Optimisation: With a focus on reducing the environmental footprint of our stores and head offices, and reducing packaging from source to customer.
Socio-economic development: With a focus on promoting job creation and enhancing employability in the communities in which TFG operates.
Governance: Ensuring that relevant key performance indicators (KPIs) are in place for each of these pillars of the sustainability dashboard, which are being regularly measured.
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Woolworths boosts Earth Friendly range and launches plastic alternative products
12/11/2019 - 14:01
More than ten years ago, Woolworths pioneered its own label of eco-friendly products in South Africa with the launch of its Earth Friendly range of household cleaning products.
Sales at Truworths Africa outperform its UK business
12/11/2019 - 13:24
Truworths, which was forced to write down its UK business by a third recently, said that retail sales in that country were flat in the 18 weeks to November 4, although its African operations performed better.
Why are these five UK retailers thriving as most others battle?
12/11/2019 - 10:32
British shops are being battered as the shift to e-commerce, intense competition and the fallout from Brexit cause catastrophic levels of store closures and job cuts.
Black Friday could cost careless shoppers dearly
12/11/2019 - 09:38
SA consumers risk paying a lot more than they bargained for if they are careless when shopping online this Black Friday, warns Fortinet.
Online shoppers “spring clean” first week of Pick n Pay’s Black November deals
12/11/2019 - 09:08
Pick n Pay launched its weekly Black November deals for its Gauteng and Western Cape online shoppers last Monday and customers wasted no time in reviewing and securing their favourite deals.
Hong Kong protests hurt Richemont's profits
11/11/2019 - 13:17
Richemont’s share price took a hit after the company disappointed the market with its results for the six months to end-September.
Walgreens' Sefano Passina's $70bn global ambition
11/11/2019 - 10:07
Any deal would be impossible without the backing of the Italian billionaire who owns 16% of the group and has China in his sights.
Online retailers are learning that physical stores still matter
11/11/2019 - 09:43
Physical stores still matter, whether a retailer has an online presence or not, according to John Ryan, stores editor of Retail Week, a UK-based news magazine, website, and retail data service.
Tiger Brands considers disposing of value-added meat business
11/11/2019 - 09:22
SA’s largest food producer, Tiger Brands, is considering disposing of its value-added meat products business (Vamp), saying on Friday it had determined it was not an ideal fit in the business.
Shoprite shock: Lead director resigns suddenly - just days after Wiese's re-election
07/11/2019 - 10:10
Just days after indicating that the Shoprite board will discuss the future of Christo Wiese as chair of the company in the coming months, Prof Shirley Zinn, the lead independent director of Shoprite, resigned.