Annual Report - JD Group
Annual Report - JD Group
Annual Report - JD Group
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Score is absorbed into a repositioned Price ‘n Pride transforming a loss of R7 million into<br />
a profit of R44 million. A huge achievement by our people and testimony to their<br />
unwavering support.<br />
In the spirit of sharing good fortune, <strong>JD</strong> continues to invest in the lives of people in the<br />
communities. The company launches The To Life Trust which supports the Lerato Love<br />
Home in the Alexandra township.<br />
The <strong>Group</strong> now turns 18.<br />
2003 The <strong>Group</strong>, never forgetting the importance of people,<br />
launches the Retail Leadership Development Programme,<br />
opens the <strong>JD</strong> <strong>Group</strong> learning academy and with the<br />
sponsorship of Price ’n Pride and Joshua Doore sets<br />
up two Little Champs Academies, focusing on<br />
pre-school kids.<br />
39<br />
The <strong>JD</strong> <strong>Group</strong> is in a stronger position than ever and<br />
acquires the Profurn <strong>Group</strong>. The jewels in our crown,<br />
now include Morkels – “your two year guarantee store”,<br />
Hi-Fi Corporation with it’s unique trading formula and<br />
Barnetts – with a rich heritage of more than 100 years.<br />
The <strong>Group</strong> now consists of 1 000 stores, employs over<br />
16 000 people, drives a fleet of 2 300 vehicles and<br />
purchases goods for resale in excess of R4 billion a year.
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