Annual Report - JD Group

PROFILE
JD Group, a mass consumer financier, is South Africa’s leading differentiated
furniture retailer operating through eight chains in southern Africa and one
in Poland. It is listed on the JSE Securities Exchange in the Cyclical services:
General Retailers – Hardlines Sector and on the Namibian Stock Exchange –
Retail Sector.
Each chain is positioned in the marketplace in a differentiated way with a
specific focus on a market segment, own brand identity and store layout,
merchandise range and market profile.
All eight South African chains offer a wide range of value for money,
differentiated quality furniture, appliances, home entertainment and
consumer finance products supported by a high level of personal service.
Hi-Fi Corporation and Electric Express qualify as typical category specialists
due to the focused product range they offer.
The JD Group covers the mass market through its eight South African chains
with a mass merchandise focus.
JD Group services the mass market through a total of 952 (2003: 978)
stores, including 36 (2003: 26) stores in Poland, generating annual
revenue of R9,1 billion (2003: R6,0 billion) and an annual cash inflow of
some R8,4 billion (2003: R5,1 billion) from trading activities.
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