TURNAROUND STRATEGY
CNA and Edgars get logo and layout facelifts
Edcon’s Grant Pattison has been putting together and implementing a turnaround strategy for the group
Edcon is rebranding its CNA and Edgars stores as part of its strategy to reconfigure its offerings. The last remaining departmental store retailer in the country has been struggling to compete in the highly competitive fashion retail market, which is increasingly being dominated by international brands such as Zara and H&M at the high end and Ackermans and Pep in the lower LSM market. Since joining the Edcon team in January, industry veteran Grant Pattison has been putting together and implementing a turnaround strategy for the group. "The departmental store model offers convenience and we are recommitting to this model," he said. Edgars CEO Mike Elliott said on Thursday the business was in the process of a logo facelift. Next-generation stores This would complement the new store layouts and the roll-out of its next-generation stores, Elliott said. CNA’s general manager, Julie Day, said the "new-look CNA" would consolidate its focus on stationery, educational materials and arts and ...
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