COMPANIES: Cash is king as TFG pulls back on credit lending and focuses on value segment

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

Business News News

Business Business Latest News,Business Business Headlines

The Foschini Group says that while demand is high, approval rates for new credit are down.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

France strong-arms big food companies into cutting pricesFrench shoppers should pay less for their food from next month, finance minister Bruno Le Maire said on Friday, after he secured a pledge from 75 top food companies to cut prices on hundreds of products.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

'Pretty dreadful': SA close to rock bottom, says Foschini owner TFG - but the only way is up | BusinessFoschini owner TFG believes SA is close to 'rock bottom' as far as its energy crisis and other structural problems are concerned, with the retailer hopeful of seeing some improvements at power utility Eskom over the next year. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »