Another one bites the dust!!

Another one bites the dust!!

Wow, another non South African retail business leaves our shores. Over the past few years we have seen the departure from our malls, Nine West, Mango, River Island, and Forever 21, just to mention a few. Now Covit19 has arrived to excert more pressure on our retail businesses sending many global retailers out of the country. L C Waikiki have now decided to join the list of international brands to pack up and flee the SA landscape. A fashion retailer who should in reality be a huge success in our…

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Covid19 hits South African Retail

Covid19 hits South African Retail

Its so sad, to walk through a shopping mall in South Africa today. Not only do you get a sense of emptiness with little foot traffic and not much buying taking place, but the amount of closed stores tell you the virus is taking its toll. Job losses, salary cuts, and concern over the future, impacts the buying habits of our population. When you no longer have a steady income, the last thing you are thinking about is buying a new pair of shoes! Unfortunately all retail businesses work on…

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