EDGARS Stores Limited (Edgars) is set to open two more retail outlets this month as the group is looking to increase its geographic footprint.
The apparel retailer spent $25,5 million during the 26 weeks ended July 11, 2021 on opening new stores and on store revamps compared to $17,9 million spent in the comparable period.
“Jet Nkwame Nkrumah (Harare) and Jet Mutoko opened in April and August 2021, respectively. In October we are looking forward to the opening of Edgars Avondale and Jet Hwange stores,” chairman, Themba Sibanda, said in a statement accompanying the financials.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.