Press Releases

Edgars Group CEO Covid-19 Update

24 August 2020 We are living in unprecedented times where the imperative is to contain the Covid-19 virus whilst continuing with essential economic activities to keep the country afloat. Under Level 2 Lockdown, our stores remain open to ensure you have access to our products and essential financial ...

Jet Stores taps into new markets

19 October 2019 The vibrant retail chain, Jet stores has opened yet another new branch in Banket this Friday 18 October 2019. The 149 square metre store is located at the heart of an affluent catchment area in the new Sam Levy`s Mall. Banket store which sports a fresh ...

All about the glitz and glamour at Castle Tankard

12 May 2019 Castle Tankard is one of the biggest horse racing competitions in Zimbabwe each winter. Beer lovers, fashion fiends, punters, music fans from around the country flock to the heart of Borrowdale, Borrowdale Race Course to see top artists from all genres perform live- and of ...

Rising from the ashes

2 May 2019 The iconic Jet Stores which was officially opened in 2012, re-opened its doors in Kadoma on Thursday, 11th of April 2019, four months after it was razed to the ground by a fire that also destroyed its sister store, Edgars Stores. The new Kadoma branch, sports ...

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 fashion show lights up city

4 October 2012 EDGARS’ Face of the Charter Club former Miss Zimbabwe Malaika Mushandu, joined other models in the Edgars fashion show extravaganza held in Harare at the weekend.The event showcased beautiful summer outfits from various designers. The Zimbabwe Stock Exchange-listed clothing giant is running a Shop and Win ...

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 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, ...