Tag: TFG

South African retail leader TFG sinks to 16-year low, wiping out $606 million

South African retail giant TFG plunged to a 16-year low, losing over $606 million in market value as weak demand squeezes margins.

Omokolade Ajayi Omokolade Ajayi

South Africa’s TFG plans major store closures amid retail shift

TFG store closures South Africa signal retail shift as Foschini Group shuts 100+ stores amid rising e-commerce pressure.

Timilehin Adejumobi Timilehin Adejumobi