SAN DIEGO, CA, March 16, 2011 (Press-News.org) After a difficult decade where working capital was decimated, Edgars Stores is in the process of re-positioning its brand and upgrading its retail outlets across Zimbabwe in a bid to secure its position as market leader within South Africa's retail industry.
During the period of hyperinflation between 2007 and 2008 Edgars was forced to consolidate and relinquish its poorer performing stores. By the end of 2010 the number of retail outlets had fallen to 33, however despite losing 43 percent of its stores, Edgars managed to retain 62 percent of its trading space which stood at 34,100sqm.
Since the end of 2010 Edgars Stores has opened a small but modern retail outlet in the up-market Sam Levy's Village shopping centre in Borrowdale, Harare, signaling its recovery after the global economic recession. Despite opening 2011 in an undercapitalised position, Edgars Group Managing Director, Linda Masterson believes that, over the course of 2010, the Edgars chain recaptured its position as market leader. It did so through a measured risk appetite and the re-establishment of credit to its customers. "We aim to supply our customers with value for money by providing quality fashion merchandise for the family at competitive prices and superior customer service in convenient shopping environments. We believe that we are Zimbabwe's market leaders in the credit retailing of clothing and it is our resolve to remain so," she says.
Read the company report, here.
About Retail Digital
Retail Digital is a leading digital media source of news and content for C-level executives focused on business and industry-specific issues such as: Multi-Channel Marketing; Property; Technology and Storage; and Outsourcing. Retail Digital is the industry-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Retail Digital is headquartered in San Diego, California, with additional offices in Boston, Toronto, Mumbai, and Norwich, England. For more information, contact 760-827-7800 or visit http://www.Retail-Digital.com
Linda Masterson, Managing Director of Edgars Group, Discusses its Position as a Leader in South Africa's Retail Industry with Retail Digital
Edgars Stores is in the process of re-positioning its brand and upgrading its retail outlets across Zimbabwe in a bid to secure its position as market leader within South Africa's retail industry.
2011-03-16
[Attachments] See images for this press release:
ELSE PRESS RELEASES FROM THIS DATE:
Beyond Solar Panels: Six Types of Solar Power Plants in Energy Digital
2011-03-16
The March issue of Energy Digital is available to read exclusively online to all energy industry leaders from around the globe. This month's cover story explores the various types of solar power plants harnessing the power of the sun, beyond the photovoltaic panel.
Industry leaders turn to Energy Digital for the latest news about cutting edge energy technologies, global energy infrastructure, developments in green and sustainable energy and the corporate activity in the sector.
The March Issue Features:
- The Remote Controlled Mine: Robotic and Virtual Mining Machinery ...
Dr. Katherine Woodthorpe, CEO of Australian Private Equity & Venture Capital Association, Discusses Australia's Venture Capital Industry in Business Review Australia
2011-03-16
In the March issue of Business Review Australia, the CEO of the Australian Private Equity & Venture Capital Association (AVCAL), Dr. Katherine Woodthorpe, reveals an overview of the venture capital industry.
Dr. Woodthorpe hits on a series of trends, challenges and success stories impacting Australia's VC sector. "Successful Venture Capital investments have had immense follow-on effects over the long-term such as job creation, tax revenue, and the other broader economic effects. One of the greatest challenges facing the Australian Venture Capital sector is the shortage ...
Construction Digital Delves into China's Construction Boom in the March Issue
2011-03-16
Construction Digital, the top digital media source for global construction news and information, delves into the reasons for China's construction boom.
While the construction industry in the West is just beginning to recover from the global economic crisis, development in China has been booming for the last decade. Prompted by a lack of work in the United States, Canada and Europe as a result of the global economic recession, large architecture, general contracting and trade firms are taking their services and experience to China to create a niche in this emerging market. ...
Outcomes UK Promotes Mock Inspection Services in Response to Munro Review
2011-03-16
Outcomes UK is promoting its mock inspection services to Local Authorities in response to the recently published Munro review.
The Munro review of child protection reinforces that Local Authorities will be increasingly under the spotlight in their accountability for the provision of high quality services to safeguard children and vulnerable adults.
The review highlights a potential policy change to focus on unannounced inspections in order to enable the Local Authority to focus on the delivery of quality services rather than the preparation for announced inspections. ...
Intertops Online Sportsbook Puts Up $25,000 for Free March Madness Bracket Contest
2011-03-16
The time for speculation is over at last. The American college basketball bracket has been set and Intertops Sportsbook is running several free contests to add to the excitement of March Madness. The popular US-friendly online sportsbook will award $25,000 in its annual College Hoops March Madness Bracket contest and is giving away more cash and prizes in other free contests this month.
"Correctly predicting the outcome of 63 games is hard, there's no doubt about that," said a spokesperson from Intertops Sportsbook, the world's very first and still most popular online ...
Jack Bogle and Mark Casady to be Honored at Tiburon CEO Summit XX: Chip Roame to Offer Opening Keynote Presentation
2011-03-16
Tiburon Strategic Advisors, a market research and strategy consulting firm serving a wide variety of financial institutions and investment managers, will hold its twentieth Tiburon CEO Summit, a semi-annual event for executive level clients and special guests, April 13-14, 2011 at the Ritz Carlton Hotel in New York City. Click here to review the tentative client invitee list and agenda.
Tiburon's Managing Principal, Charles "Chip" Roame, will open Tiburon CEO Summit XX by addressing the state of the financial services industry. Mr. Roame's comments will address both ...
Dr Park Ave Introduces Lipoboost
2011-03-16
Lipoboost is a significant advance in cosmetic surgery. Developed by Dr Park Ave CEO, Dr. Paul Fondacaro, Lipoboost moves your body fat -- from places where you don't want it, to places you do - with safer, lower-cost, and longer-lasting results.
Now you can reuse your own body tissue to improve your: face; hands; bust; and buttocks.
This trademarked technique is offered exclusively at Dr Park Ave facilities. The concept is straightforward, yet uniquely effective. For years, patients have longed to remove unwanted inches from problem areas, and be able to use those ...
LateRooms.com - Keep Your Eye on the Ball at Yiloga Tiwi Footy Exhibition in Melbourne
2011-03-16
Aussie Rules has become the heart of a new exhibition at Melbourne's National Sports Museum.
The Yiloga! Tiwi Footy exhibition opens on April 11th 2011 and will explore the influence of the Australian Football League (AFL) on a small indigenous community located in the Timor Sea.
Margaret Birtley, general manager of the National Sports Museum, said in a statement that the exhibition is colourful, exciting and intended to boost the understanding of the Tiwi culture and its association with the AFL.
Memorabilia, photographs and team kits will be on display to illustrate ...
Green Smoke E-Cigarette St. Patrick's Day Sale - Save 15% on Starter Kits, Cartridges and Carrying Cases
2011-03-16
Green Smoke , the premier brand of electronic cigarettes, is having a St. Patrick's Day Sale, March 14th-17th. All starter kits, cartridge five-packs and carrying cases will be sold at 15 percent off the regular price.
"Green Smoke e-cigarettes are great for partying on St. Patty's Day or any other day," Green Smoke promotional director Ken Berg said. "Whether it's a party at somebody's house or at a bar, there is no need to miss a minute of the celebration to step outside for a smoke. You can use e-cigarettes in many places where traditional cigarettes are prohibited."
One ...
LateRooms.com - Experience the Thrill of Racing at the Gold Coast Triathlon
2011-03-16
There's nothing quite like the thrill of a race and those participating in the Gold Coast Triathlon are sure to agree.
A 750-metre swim, followed by a 20km cycle and five km run are scheduled for Sunday May 1st 2011.
The triathlon is also known as the Luke Harrop Memorial after a sportsman who died during a training ride on the Gold Coast in 2002. Organisers of the race named in his honour say he was extremely popular, as well as being keen and dedicated to the sport.
Athletes taking part on May 1st must check in at 05:15 local time, but the race begins at 07:30 ...
LAST 30 PRESS RELEASES:
Milky Way-like galaxy M83 consumes high-speed clouds
Study: What we learned from record-breaking 2021 heat wave and what we can expect in the future
Transforming treatment outcomes for people with OCD
Damage from smoke and respiratory viruses mitigated in mice via a common signaling pathway
New software tool could help better understand childhood cancer
Healthy lifestyle linked to lower diverticulitis risk, irrespective of genetic susceptibility
Women 65+ still at heightened risk of cervical cancer caused by HPV
‘Inflammatory’ diet during pregnancy may raise child’s diabetes type 1 risk
Effective therapies needed to halt rise in eco-anxiety, says psychology professor
Nature-friendly farming boosts biodiversity and yields but may require new subsidies
Against the odds: Endometriosis linked to four times higher pregnancy rates than other causes of infertility, new study reveals
Microplastics discovered in human reproductive fluids, new study reveals
Family ties and firm performance: How cousin marriage traditions shape informal businesses in Africa
Novel flu vaccine adjuvant improves protection against influenza viruses, study finds
Manipulation of light at the nanoscale helps advance biosensing
New mechanism discovered in ovarian cancer peritoneal metastasis: YWHAB restriction drives stemness and chemoresistance
New study links blood metabolites and immune cells to increased risk of urolithiasis
Pyruvate identified as a promising therapeutic agent for ulcerative colitis by targeting cytosolic phospholipase A2
New insights into the clinical impact of IKBKG mutations: Understanding the mechanisms behind rare immunodeficiency syndromes
Displays, imaging and sensing: New blue fluorophore breaks efficiency records in both solids and solutions
Sugar, the hidden thermostat in plants
Personality can explain why some CEOs earn higher salaries
This puzzle game shows kids how they’re smarter than AI
Study suggests remembrances of dead played role in rise of architecture in Andean region
Brain stimulation can boost math learning in people with weaker neural connections
Inhibiting enzyme could halt cell death in Parkinson’s disease, study finds
Neurotechnology reverses biological disadvantage in maths learning
UNDER EMBARGO: Neurotechnology reverses biological disadvantage in maths learning
Scientists target ‘molecular machine’ in the war against antimicrobial resistance
Extending classical CNOP method for deep-learning atmospheric and oceanic forecasting
[Press-News.org] Linda Masterson, Managing Director of Edgars Group, Discusses its Position as a Leader in South Africa's Retail Industry with Retail DigitalEdgars Stores is in the process of re-positioning its brand and upgrading its retail outlets across Zimbabwe in a bid to secure its position as market leader within South Africa's retail industry.