The Edcon group, which owns Edgars, has denied reports that the entity faces liquidation. A statement says that the group is experiencing financial difficulties, but is negotiating between shareholders, suppliers and landlords in an effort to save the company.
The same statement states that there will be no job losses, but there will be fewer shops.
Observers say, however, that there is something in the statement somewhere, but there is a possibility that workers will have a choice to be accommodated elsewhere and in other posts.
This report does not necessarily reflects the opinion of SA-news.
Read the original article in Afrikaans on Die Vryburger