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WATCH: How Edcon’s business rescue process progressing

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Edcon’s business rescue practitioner, Lance Shapiro, tells Business Day TV about how the retailer’s rescue has changed perceptions of the process in SA

Edcon, of which Edgars was a subsidiary, was put in business rescue, with 120 Edgars stores being sold.

Picture: REUTERS/SIPHIWE SIBEKOThe process is daunting at the best of times but for Edcon the timing could not have been worse as it coincided with the government’s decision to implement hard lockdown. to find out how the process is going.

 

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