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Bloomberg reports that Edcon Holdings, owner of the Edgars and Jet chains, plans to increase its workforce by almost 7% and slash prices as SA’s largest clothing retailer kick-starts a recovery plan.
The company is seeking to lure customers back to its stores with more than 2,000 new staff specifically trained in the clothing ranges in their departments. The move will help to undo the impact of job cuts made by Edcon in 2007. CEO Bernie Brookes said on Wednesday: “I expect by the time we finish we will end up putting 2,500 people back into the stores to provide good customer service.” About a fifth of those may come from stores Edcon is closing, while the rest will be hired.
- Read this report by Janice Kew in full at Moneyweb
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