Press Releases

Edgars donates wheelchair to Gweru customer

26 February 2015 Late last year, the Edgars Club was touched to learn about the plight of one of our customers, Jeremiah Chikweshera of Gweru, whose wife has been in consistent pain after the couple was involved in a bus accident in 2001. When the accident occurred, she ...

EDGR.zw | Precious

16 December 2014 Edgars Stores values the opportunity to touch the lives of vulnerable Zimbabweans within our communities. 16 Days of Activism Against Gender-Based Violence is an annual global movement from 25 November to 10 December, and is a time to galvanise action to end violence against women ...

EDGR.zw | Green Concert

11 August 2014 The Edgars Stores Corporate Social Responsibility calendar has a range of projects that we organise as well as participate in throughout the year, including annual events that we are proud to support. Recently, Edgars supported the Green Concert for the second year running. ...

Edgars Stores Limited AGM Trading update to April 2014

3 June 2014 Revenue The year started fairly positively with successful results from Back to School Back to Work which gave a boost to January. From then, the quarter was downhill all the way. The uncertainty surrounding civil servants’ packages and the acute liquidity crunch in the ...

Edgars reopens store

18 December 2012 Edgars Stores Limited has reopened a branch in the city that was closed at the height of economic challenges which resulted in low retail sales.In a statement, Edgars said it was reopening the Herbert Chitepo Street/Leopold Takawira Avenue branch. We are proud that we have ...

Edgars operations in line with forecasts

14 June 2012 ZIMBABWE Stock-Exchange-listed clothing retailer, Edgars Stores Limited, is operating within the set budget, managing director, Linda Masterson, said in a trading update at the company s annual general meeting (AGM) last week. She, however, declined to give figures, saying the company was currently in a closed ...

Express rebrands to South Africa's Jet Stores

18 November 2011 Clothing retail chain Edgars Stores Limited has rebranded Express and Express Mart to Jet Stores, one of South Africa s leading clothing line. Edgars Stores Limited group managing director Linda Masterson said the rebranding of Express and Express Mart was a Zimbabwe franchise initiative aimed ...

To our valued Express Mart cash card holders

17 November 2011 Express and Express Mart stores are changing to Jet Stores starting from the 17 November 2011. We will be phasing out the now expired Express Mart Cash Card, but will soon launch an exciting new Jet Card. You, along with all Express Mart Cash Card holders, ...

Express/Express Mart is changing to Jet!

17 November 2011 We are changing Express and Express Mart stores to Jet. This will allow us to better service our customers changing needs. This process will take place over the next few months as we introduce the new Jet brands and concepts to our customers and ...

Edgars opens two more branches

18 October 2011 Clothing retail chain, Edgars has opened two branches in Harare as it seeks to strengthen its presence on the market, an official said last week. Group managing director Mrs Linda Masterson said the company would open another branch next month in Marondera. So far two Edgars ...

Edgars records 111,4% growth

11 August 2011 Leading clothing retailer Edgars Stores Ltd recorded 111,4% growth in turnover for the first-half of the year driven by increased credit sales and improved production from its manufacturing unit. The group said a wider merchandise assortment had resulted in increased profitability. Revenue rose to $20,548 million in ...

Edgars secures US$5 million loan facility

27 June 2011 Edgars Stores Limited has secured a US$5 million loan facility from a local bank to retire its expensive debts and to finance working capital. Group finance director Mr Vusa Mpofu confirmed last week the funds were drawn down at the end of last month. The funding ...

EDGARS: Trading update for the results up to May 2011

16 June 2011 Last year we enjoyed a modest rise in disposable incomes which led to strong monthly growths. The recovery in the economy has slowed markedly in 2011 and, since January we have detected stagnation in disposable incomes. However, because we are coming off a low base, ...

Edgars set for expansion

11 April 2011 Edgars CEO Linda Masterson says her catchphrase is quality, standard, credit EDGARS Group CEO Linda Masterson (LM) expects the Edgars Group to roll out more shops in and out of Harare before year end. This week Masterson spoke with Business Digest reporter Tendai Zhanje ...

Edgars to roll out more stores

28 March 2011 EDGARS Stores Limited managing director, Mrs Linda Masterson says the company is expected to roll out an additional 11 stores following improved performances by the group in 2010. According to its financial performances for the year ending January 2011, the group posted US$1,5 million in profits ...

Invitation to connect with Edgars online

25 March 2011 Whether you are an investor, customer or supplier, Edgars Stores Limited appreciates your feedback. So please accept our invitation to connect with you online through our new website. Register in our email alerts section to receive a variety of news and information about Edgars in ...

Edgars set for US$39m turnover

24 September 2010 Edgars MD Linda Masterson said the company is expecting a turnover of US$39 million for the financial year ending December 31 2010 buoyed by reduced interest bills and more account holders. According to the group s financial statement, during the interim period ending June 30, a ...

Credit helps grow sales at Edgars stores

20 September 2010 Edgars Stores (Zimbabwe) has reported a significant leap in sales, spurred largely by growth of its credit scheme which made a comeback after dollarisation of the crisis-torn economy last year. Restoring the brands standing Chairman Themba Sibanda said the group had worked relentlessly to restore ...

Edgars bounces back

19 September 2010 Edgars Stores Limited, Zimbabwe s leading apparel dealer, says it is now competitively positioned to recapture lost business after it secured more favourable lines of credit to fund its operations, making it possible to sustain credit initiatives. The company, which manufactures, distributes and sells clothing, footwear, ...

EDGARS: Notice of 61st Annual General Meeting

15 March 2010 Notice is hereby given that the 61st Annual General Meeting of members will be held at the Edgars Auditorium, 1st Floor LAPF House, 8th Avenue/Jason Moyo Street, Bulawayo on 10 June 2010 at 09.00 hours for the following purposes: - Ordinary Business 1. ...