Edcon has closed its two-floor Edgars store in Rosebank Mall.
The move is one of the first Edgars outlets to close its doors in a high-end mall.
Ray White speaks to Edcon CEO Grant Pattison about the reason why they closed the store.
This is part of our store optimisation process, Edgars strategy has changed over the last few years.— Grant Pattison, CEO - Edcon
Our strategy is to have Edgars stores in the regional malls and in community malls.— Grant Pattison, CEO - Edcon
Pattison says not jobs were lost due to the closure of the store.
They were either moved into the stores in Rosebank or moved to the surrounding stores in Cresta, Eastgate, Sandton or Mall of Africa.— Grant Pattison, CEO - Edcon
Listen to the full interview below...