Retail group TFG’s online sales now make up almost 10% of its turnover, more than double the market average.
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Shein has gained a strong foothold in the e-commerce market in South Africa. But is it competing on a level playing field?
Shein is the most downloaded shopping app on South Africa’s Google Play store. And it isn’t even trying that hard.
Luke Jedeikin and Claude Hanan, well known for founding Superbalist, join the TechCentral Show to unpack their new venture.
While a string of local tech start-ups were snapped up in 2021, many were acquired for significantly less than the blockbuster exits of years gone by.
TFG – the retailer also known as The Foschini Group – has acquired Quench, a digital shopping platform and last-mile delivery provider.
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
South Africa’s largest fashion and lifestyle retailer, TFG, wants to build up its newly launched technology hub to more than 100 new staff, its CEO said on Thursday.
Having long lagged behind much of the world in terms of e-commerce, South African retailers have been doing a roaring trade online as consumers shy away from shops during the Covid-19 pandemic.
In this episode of the podcast, Duncan McLeod interviews Brent Curry, chief information officer of The Foschini Group, about the launch of a new online marketplace called myTFGworld.com.