About Lewis Group

LEWIS GROUP IS A LEADING RETAILER OF HOUSEHOLD FURNITURE AND ELECTRICAL APPLIANCES THROUGH ITS TRADING BRANDS LEWIS, BEARES, BEST HOME AND ELECTRIC, UNITED FURNITURE OUTLETS (UFO) AND INSPIRE.

Founded in Cape Town in 1934, the Lewis Group has been listed on the JSE Limited since 2004. The group employs 8 000 permanent staff and is a meaningful contributor to job creation and support of the local furniture manufacturing sector. The group has 773 stores across all metropolitan areas and in rural South Africa, as well as a strong presence in neighbouring African countries.

In May 2018 the group entered the home shopping market with the launch of INspire, an omni-channel retailer marketed through outbound call centres, agents and online shopping.

Strategy

LEWIS GROUP’S STRATEGY IS TO DIVERSIFY ACROSS RETAIL CHANNELS AND MARKET SEGMENTS IN THE RETAILING OF FURNITURE, HOME APPLIANCES, ELECTRONIC GOODS AND HOMEWARES IN SOUTHERN AFRICA. THE GROUP IS DEVELOPING ITS RETAIL BRANDS TO CREATE SUSTAINABLE SHAREHOLDER VALUE BY OFFERING EXCLUSIVE MERCHANDISE TO CUSTOMERS ACROSS ALL INCOME GROUPS.

  • Medium-term growth strategies are developed by executive management and reviewed and approved by the board. These growth strategies are developed by taking into account internal and external factors, risks and opportunities, resources and relationships, and key interdependencies.
  • The strategy is further supported by detailed budgets and forecasts, information technology solutions, human capital requirements and operational policies and procedures. Material issues and risks that could impact on the group’s strategy, its stakeholders and its ability to sustain growth are reviewed on a continuous basis as part of the strategic planning process.
  • Action plans are developed to achieve the strategic objectives and also to manage the material impacts on the group. In reviewing the material impacts for the year ahead, the impact of changes to the regulatory environment was identified as a matter which will have an impact on the business in the short- to medium-term. These include the capping of customer protection insurance, the affordability assessment regulations and insurance regulations.

    • Company Details

    CONTACT US
    Universal House
    53A Victoria Road
    Woodstock, 7925
    Cape Town

    tel: +27 (0) 21 460 4400
    fax: +27 (0) 21 460 4662
    e-mail: info@lewisgroup.co.za

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