The demise of Bernie Brookes – again!

The performance of Bernie Brookes at Edcon has been underwhelming to say the least. In the year to March 25 2017, Edcon’s group sales decreased 6.7 per cent to R25bn. Sales at comparable stores fell 6.7 per cent. Within the discount division, sales decreased 6.3 per cent to R8.9bn, while comparable store sales decreased 5.7 per cent. The specialty division reported retail sales of R5.5bn, 6 per cent less than the previous year, Cash sales fell by 2.4 per cent while credit sales fell by 13 per

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