LEWIS GROUP - Cape Town

Lewis Group is a leading retailer of household furniture, electrical appliances and home electronics, which are mainly sold on credit to the rapidly expanding middle income market through the Lewis, Best Home and Electric, and Lifestyle Living brands. The retail brands are supported by the financial services arm, Monarch Insurance, which provides short-term insurance to the group’s credit customers. Since our first store opened in 1934 in Woodstock, Cape Town, the group has expanded to a network of 535 stores. This includes stores across all major metropolitan areas as well as a strong presence in rural areas in South Africa, with 49 stores in the neighbouring countries of Botswana, Lesotho, Namibia and Swaziland. As the country’s single largest retail furniture brand, we employ 6  

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480 people and have a customer base of close to 700 000. Lewis Group has been listed on the JSE Limited since 2004 where it is classified under the General Retailers sector. Lewis is South Africa’s single largest furniture brand and contributes 82% of the group’s merchandise sales. Best Home and Electric has increased its share of group sales to 12% through an active store expansion programme in recent years. Lifestyle Living, which was acquired by the group in 2003 to focus on higher income customers, accounts for 6% of merchandise sales. The retail chains are supported by Monarch Insurance, the group’s short-term insurer.