Steinhoff International Archives - Page 3 of 3 - Inside Retail

More woe in store for Steinhoff
South African-headquartered, Frankfurt-listed retailer continues to battle multiple accounting investigations.

Steinhoff forced to restate further accounts
Retail conglomerate’s accounting irregularities stretch back further than first thought.

Ford: Business as usual
Steinhoff’s APAC chief underlines confidence in local arm despite parent’s crisis.

Steinhoff’s chair resigns amid accounting troubles
Retailer forced to restate accounts after errors possibly stretch back to last year.

Steinhoff reassures market after shares continue to plunge
Retail conglomerate backs CFO of ‘no wrongdoing’ as investigation continues.

Freedom moves away from discount fatigue
Furniture chain permanently drops prices, eliminates sales.

Steinhoff to front hearing as dispute drags on
Furniture conglomerate receives petition in course of dispute with former joint venture partner.

Steinhoff boosted by resilient Aussie brands
Fantastic Furniture “proving highly complimentary” for South African group.

Too late for a turn around?
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.