Truworths suspends credit sales

CLOTHING retailer Truworths says sales and profitability continue to be adversely affected by restrictive pricing laws, which negatively affect competitiveness against unregulated sectors. In a trading update for the quarter ended October 9, 2022, Truworths chief executive Bekithemba Ndebele described the environment as uncertain and questioned the sustainability of the bank policy rate of 200…

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