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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Shoprite feels African slowdown
18/01/2018 - 16:51
Shoprite’s non-South African supermarket division recorded negative growth for the six months to December, owing to the effect of lower commodity prices on and the depreciation of currencies of the countries in which the group operates.
Burberry sales suffer as new CEO pushes change
18/01/2018 - 13:42
Burberry’s holiday sales fell short of estimates as CEO Marco Gobbetti began implementing his plan to give the UK-based trench-coat maker a high-fashion facelift.
What South African consumers can expect from the ladieswear category in 2018
18/01/2018 - 10:54
There is a massive new trend in ladieswear for 2018. Raynard Potgieter, Buying Director at Ackermans, notes that if brands want to cater to the South African market, they need to have a better understanding of their female customer's needs.
The winning brands in 2018 will get their competitive edge from memorable customer experiences
18/01/2018 - 09:32
Consumers around the world are putting more value on experiences than they do on possessions, and South Africans are no different.
Mr Price bounces back with sales surge
18/01/2018 - 08:43
Mr Price outperformed other retailers in the three months to December, recording 8.3% growth in sales.
Hugo Boss achieves goals for 2017 following strong sales
17/01/2018 - 15:21
Upmarket fashion retailer Hugo Boss has “achieved goals for 2017” following strong sales in its final quarter, as it pushes on with its turnaround strategy.
Black Friday boosted retail November retail sales by 8.2%- surprising economists
17/01/2018 - 15:00
Black Friday boosted November 2017’s retail sales to 8.2% — double the annual growth expected by economists.
5 Key trends that will shape convenience retail in 2018
17/01/2018 - 10:10
With the continued growth and awareness of the convenience retail sector and the strengthening of its position as part of the traditional retail industry, organisations such as the National Association of Convenience Stores (NACS) are employing the expertise of convenience and fuel retailing industry professionals from around the world to discuss and debate international best practice on key trends and developments and rate best in class international retailers.
Shoprite shares fall after lacklustre update
16/01/2018 - 13:42
Grocery chain Shoprite’s share price fell as much as 7% before recovering to trade 1.6% lower at R210 at 9.25am after reporting a sharp slowdown in interim sales growth.
Pick n Pay helps boost township businesses
16/01/2018 - 13:07
The launch of the two modernised spazas in Gugulethu and Nyanga marks phase 2 of the Pick n Pay's spaza innovative modernisation programme which seeks to revitalise township economy.