Why would an Australian who is nearing retirement age come all the way to SA to be CEO of Edcon, a company that could have gone bust?"It’s the challenge," says Bernie Brookes, who has just taken a long-term lease on an apartment in Sandton.His wife is still in Australia, with four grandchildren under the age of five, so she stays there and commutes out occasionally.Brookes says of Edcon:"The brand is so well known, I just really want to fix the business."The brand has a great heritage but they’ve made some bad strategic decisions."His honesty about Edcon’s dire position is refreshing.But he also has high praise for retail in SA. So who does he rate as the best?"I rate Truworths as probably understanding their market well. I rate Mr Price as knowing their price focus. I rate Woolworths in food — I think they’re OK in general merchandise. You go into their stores, it seems as if they might be changing things a little. Generally, South Africans know how to retail."They’re very, very go...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.