The Edcon strategy remains anchored in the business of retailing, and takes account of the significant market share already enjoyed in clothing, footwear, household textiles, cosmetics and accessories. Future growth in sales and profitability will be generated from:
- Organic growth from the Department Store and Discount Divisions.
- Productivity improvements across the Department Stores and Discount Divisions.
- Introduction of further financial services products.
- Capitalising on newly acquired businesses.
- Further acquisitions as appropriate.
The Group's expansion plans will be carefully considered in the context of Edcon's capabilities and capacity transferability of these to new businesses or markets.