MARC HASENFUSS: You want quality? Pay up
What do AP Jones and Alviva have in common? Not much, other than the double unlikelihood of one listing and the other being bought out
I’ve never been too big on retail. I own a few Choppies Enterprises. I flirted with Spar recently, and I quite like the fintech transformation at HomeChoice. What I am fully invested in is the annual AP Jones winter sale.
This iconic business — which is close to 100 years old — on Fish Hoek’s Main Road must be one of only a handful of family-run department stores left in SA. There is a slight retro feel, which, to me, is most reassuring. The floor staff are attentive, there’s plenty of merchandise on show and there is a little tea room to retire to when you are all shopped out. Best of all, the sale is a genuine clear-out (alas, no Pringle jerseys this year). ..
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