Foschini Group plans to close roughly 280 stores across Africa, with closures set to run through 2029. The company says the move is driven by shifting consumer shopping habits, as online retail gains share and sales in physical stores come under pressure.
The outlets report that the closures respond to a broader retail environment where many shoppers remain under financial strain, and where demand is increasingly moving to digital channels. The reports also indicate that store closures are part of a longer-term restructuring of the group’s footprint rather than an immediate, single wave of closures.
While both sources align on the scale of the planned store closures and the overall reason—growing emphasis on online sales—the framing differs slightly. One outlet highlights the expected impact on physical retail and the shift toward online shopping, while the other focuses on the timeline of closures through 2029. Neither source provides detailed figures by country or store segment in the supplied text.