Cash is king: Foschini's plan to open more new stores - and most won't be in big malls

With a thousand more stores in the next three years, new distribution centres, more factories and unprecedented investment into making online shopping seamless, The Foschini Group (TFG) is pulling out all stops to lead the fashion retail race in SA.

The fashion retail giant, which bought Jet stores from Edcon in 2020, isn't letting SA's dull economic picture scare it off.

It has started rolling out Jet Home stores and wants to open even its high-end and luxury brands, like Fabiani, in small towns.