Cell C is set to close 128 retail stores

By Moneyweb

Mobile operator, Cell C expects to close 128 retail stores around the country, with 546 jobs on the line, as it moves to reduce costs and become a more sustainable business.

The company said it has expanded a section 189 process in terms of the Labour Relations Act (LRA) to include the retail store footprint. Cell C operates about 240 stores nationwide, so just over half of these are set to be closed under the plan.

The retail environment has changed, and this has been fast-tracked by the impact of Covid-19 and the evolving purchasing habits of consumers . 

 The company said on August 21 in response to a query from TechCentral that part of its turnaround strategy includes “evolving its business strategy and operating model in order to run a more efficient and competitive business that is aligned to customer needs and behaviours”. 

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