Edgars to open 3 Jet outlets

Published: 30 June 2013
Listed clothing retailer Edgars Stores Limited (Edgars) plans to open three new outlets of its budget shop - Jet Stores (Jet).

The group began trading under the South African Jet banner in November 2011. It said the move is part of its expansion drive and plans to harness the mass market.

The group's operations director Vusa Mpofu said they intent to open up in downtown Harare because that is where the bulk of their customers are.

This comes as the group's managing director Linda Masterson last month said they were continuing their expansion drive after securing five premises.

In a trading update, Edgars is on course to achieve a turnover above $65 million by year end following a 4,8 percent increase in unit sales during the first four months of the year.
- Edgars

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