Truworths to maintain cautious credit stance

AdvertisementsCLOTHING retailer Truworths says it will adopt a cautious approach in granting credit to customers as it focusses on growing profitability by increasing cash sales. In a statement accompanying the group’s financial results for the year to July 11, 2021, chief executive Bekithemba Ndebele said the company’s revenue declined to $286 million compared to $342…

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