South African-headquartered, Frankfurt-listed retailer continues to battle multiple accounting investigations.
Looking back at what made headlines this week.
Retail conglomerate’s accounting irregularities stretch back further than first thought.
Steinhoff’s APAC chief underlines confidence in local arm despite parent’s crisis.
Retailer forced to restate accounts after errors possibly stretch back to last year.
Retail conglomerate backs CFO of ‘no wrongdoing’ as investigation continues.
Furniture chain permanently drops prices, eliminates sales.
Furniture conglomerate receives petition in course of dispute with former joint venture partner.
Fantastic Furniture “proving highly complimentary” for South African group.
In the wake of the departure of Big W CEO Sally Macdonald, it’s clear that there is no quick fix for retailers struggling to turn around their business.