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Edcon
Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars, a department store with 203 branches. In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd, and Jet to The Foschini Group. History Edcon Ltd was the leading clothing, footwear and textiles (CFT) retailing group in South Africa trading through a range of retail formats. The first Edgars store was opened on 6 September 1929 in Joubert Street, Johannesburg by Eli Ross. It was listed on the Johannesburg Stock Exchange in 1949 and opened its first stores outside of South Africa in Botswana, Lesotho and Swaziland (now Eswatini) in 1966-69. Since then, the Company had grown to ten retail brands trading in (as of 2014) over 1400 stores in South Africa, Botswana, Namibia, Eswatini, Lesotho, Ghana, Zimbabwe and Zambia. In 1982 the company, still known as Edgars, was acquired by South African Breweries. It launched its Red Square re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNA (bookstore)
Central News Agency or Consolidated News Agencies, better known simply as CNA, is a South African retail chain of stationery and book stores. History Founded in 1896 to sell newspapers in Johannesburg by using newspaper delivery boys on foot and bicycles, CNA initially focused on selling ''The Star (South Africa), The Star'', ''The Standard (South Africa), The Standard'' and the ''Diggers News'' newspapers. A breakthrough for the company came in 1902 when ''Cape Argus, The Argus'' and the ''Cape Times'' newspapers granted a contract to the company to publish all of their newspapers. By 1904 the company had stores across South Africa and continued to expand to meet demand for news during World War I. The company was floated on the Johannesburg Stock Exchange in 1903 to raise £120,000 (equivalent to £129,500,000 in 2017 based on its economic share). By 1928 the company was publishing most of South Africa's newspapers. Shortly after World War II the company expanded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edgars (department Store)
Edgars is a Johannesburg-based chain of stores present all over Southern Africa. The department store was previously selling clothing, shoes, homeware & beauty and under new leadership has recently shifted its focus to mass-market fashion and beauty products. The chain had just around 200 stores, with multiple locations in South Africa, Namibia, Zambia and Botswana as well as in the capital cities of eSwatini (Swaziland), Lesotho, and Ghana when it was sold to Durban based, private fashion company Retailability in 2020. History Edgars was founded in Johannesburg, South Africa in 1929. As part of Edcon, Edgars was included in an ill-fated buyout by U.S. private equity firm Bain Capital Private Equity LP in 2007, which burdened the parent company with debt just as the economy hit a downturn following the global financial crisis. In 2014 Edgars opened at a new 50,000 square meter shopping centre in Nairobi, Kenya. In 2018 Edgars introduced a new, larger 8,000 square meter store ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edgars (company)
Edgars is a Johannesburg-based chain of stores present all over Southern Africa. The department store was previously selling clothing, shoes, homeware & beauty and under new leadership has recently shifted its focus to mass-market fashion and beauty products. The chain had just around 200 stores, with multiple locations in South Africa, Namibia, Zambia and Botswana as well as in the capital cities of eSwatini (Swaziland), Lesotho, and Ghana when it was sold to Durban based, private fashion company Retailability in 2020. History Edgars was founded in Johannesburg, South Africa in 1929. As part of Edcon, Edgars was included in an ill-fated buyout by U.S. private equity firm Bain Capital Private Equity LP in 2007, which burdened the parent company with debt just as the economy hit a downturn following the global financial crisis. In 2014 Edgars opened at a new 50,000 square meter shopping centre in Nairobi, Kenya. In 2018 Edgars introduced a new, larger 8,000 square meter store ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bain Capital
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Breweries
South African Breweries (officially The South African Breweries Limited, informally SAB) is a major brewery headquartered in Johannesburg, South Africa and was a wholly owned subsidiary of SABMiller until its interests were sold to Anheuser-Busch InBev on 10 October 2016. South African Breweries is now a direct subsidiary of Anheuser-Busch InBev SA/NV. The company that is now South African Breweries was founded in 1895 as Castle Brewery to serve a growing market of miners and prospectors in and around Johannesburg. Two years later, it became the first industrial company to list on the Johannesburg Stock Exchange and the year after (1898) it listed on the London Stock Exchange. In 1950, SAB relocated its headquarters and control from London to South Africa. In 1955, Castle Brewing purchased the Ohlsson's and Chandlers Union breweries, and the group was renamed South African Breweries. From the early 1990s onward, the company increasingly expanded internationally, making several ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Shopping
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2020, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones. An online shop evokes the physical analogy of buying products or services at a regular "bricks-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunday Times (South Africa)
The'' Sunday Times'' is South Africa's biggest Sunday newspaper. Established in 1906, the ''Sunday Times'' is distributed all over South Africa and in neighbouring countries such as Lesotho, Botswana, and Eswatini. History The ''Sunday Times'' was first published on 4 February 1906 as a weekly, sister publication of the ''Rand Daily Mail'' which at the time was "standing alone" against its rival ''Transvaal Leader''. Founding editor George Herbert Kingswell introduced the slogan "A Paper for the People". It was later changed to "The Paper for the People", a slogan that is still in use today. For the first edition of the paper, published on 4 February 1906, 11,600 copies were printed and soon sold out, forcing the paper to print an additional 5000 copies. By November 1909 the paper sales had risen to 35,000. In 1992, the former columnist Jani Allan sued the British broadcaster Channel 4 for libel over affair allegations involving her and Eugene Terre'Blanche. Allan had intervi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indirect Job
Investments into an industry or project can produce temporary and long-term employment. The resulting jobs are typically categorized as being one of three types. A direct job is employment created to fulfill the emand for a product or service. An indirect job is a job that exists to produce the goods and services needed by the workers with direct jobs. Indirect employment includes the things need direct on the job as well as jobs produced because of the worker's needs (e.g., uniforms). Employment created by the additional personal spending (e.g., eating at a restaurant) by both direct and indirect workers is classified as an induced job. Projects may produce temporary and long-term jobs. Construction and installation jobs may be temporary. Operations and maintenance jobs tend to be long term. Examples Efficiency of job production Investments in some projects or industries are more efficient at producing direct and indirect jobs. For example, investing US$1,000,000 in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sunday Times (South Africa)
The'' Sunday Times'' is South Africa's biggest Sunday newspaper. Established in 1906, the ''Sunday Times'' is distributed all over South Africa and in neighbouring countries such as Lesotho, Botswana, and Eswatini. History The ''Sunday Times'' was first published on 4 February 1906 as a weekly, sister publication of the ''Rand Daily Mail'' which at the time was "standing alone" against its rival ''Transvaal Leader''. Founding editor George Herbert Kingswell introduced the slogan "A Paper for the People". It was later changed to "The Paper for the People", a slogan that is still in use today. For the first edition of the paper, published on 4 February 1906, 11,600 copies were printed and soon sold out, forcing the paper to print an additional 5000 copies. By November 1909 the paper sales had risen to 35,000. In 1992, the former columnist Jani Allan sued the British broadcaster Channel 4 for libel over affair allegations involving her and Eugene Terre'Blanche. Allan had intervi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Responses To The COVID-19 Pandemic
National responses to the COVID-19 pandemic have been varied, and have included containment measures such as lockdowns, quarantines, and curfews. As of , COVID-19 pandemic cases, cases of COVID-19 have been reported, resulting in COVID-19 pandemic deaths, reported deaths. The most affected countries in terms of confirmed cases are the COVID-19 pandemic in the United States, United States, COVID-19 pandemic in Brazil, Brazil, COVID-19 pandemic in India, India, COVID-19 pandemic in Russia, Russia, COVID-19 pandemic in South Africa, South Africa, COVID-19 pandemic in Peru, Peru, COVID-19 pandemic in Mexico, Mexico, COVID-19 pandemic in Chile, Chile, the COVID-19 pandemic in the United Kingdom, United Kingdom, and COVID-19 pandemic in Iran, Iran. Lockdowns The pandemic has caused worldwide curfews and similar restrictions (stay-at-home orders, shelter-in-place orders, Shutdown (economics), shutdowns/lockdown A lockdown is a restriction policy for people, community o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Federation Of Trade Unions
The South African Federation of Trade Unions (SAFTU) is a trade union federation in South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the .... It was founded in 2017, and is the second largest of the country’s main trade union confederations, with 21 affiliated trade unions organising 800,000 workers. Affiliates Current affiliates The following unions were affiliated in 2021: Former affiliates References 2017 establishments in South Africa National trade union centres of South Africa Trade unions established in 2017 {{Africa-trade-union-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
