Business · South Africa
Truworths Faces Challenges in SA; UK Sales Offer Hope
Moneyweb · 2026/01/23
Summary
Truworths, a leading South African retailer, is currently experiencing challenges in its local market. Sales in South Africa have slowed down, putting pressure on the company’s overall performance. However, there is a positive note as the company’s operations in the UK are doing well and helping to balance some of the losses at home. The UK sales provide a valuable boost and offer hope for future growth. Despite the tough conditions at home, Truworths is focusing on expanding and improving its international segment. This strategy could help the company stay strong during uncertain times in the South African economy. For now, South African shoppers might notice fewer sales or changes in the local stores as the business adjusts to these challenges.
OnABudget takeaway: Consumers may see less discounting locally as Truworths adjusts to tough economic times, but the company’s UK success shows that expanding abroad can help retailers survive and grow. Small business owners and investors should watch how international markets can support local companies.