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After 159 years, ‘Harrods of South Africa’ shuts up shop

Story from: The New Age

Department store Stuttafords, the 159-year-old “Harrods of South Africa”, is closing down, victim of a global shift to online retail and a domestic economic slump that has put brands such as Ted Baker and Gap beyond its customers’ reach. Mirroring the fortunes of once-mighty department stores in Europe and the United States, the doyenne of

This post is from The New Age. Click here to read the full text

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