Game plans to revamp its homeware business

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The benefit of moving towards a general merchandise retailer is that it’s higher margin than its food [business]. Certainly, it will help with the profitability model of Game: Sasfin senior equity analyst Alec Abraham retailer shopping retailtrends

Massmart-owned retailer Game is out to revamp its furniture business as part of its turnaround strategy – and has relaunched its homeware range that it says will offer customers a new and modern look. The retailer notes that its ‘Retail Reimagined’ programme aims to level up its homeware category and gain Game market share as a general merchandise retailer.

Certainly, it will help with the profitability model of Game [because] it’s about tweaking what they sell, and I think they certainly are stepping towards the right direction.” Abraham also commends Massmart’s move of shedding some Game stores given their profitability prospects, especially in an environment plagued by increasing consumer pressure.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인