Best home and electric
Best Home and Electric is a retailer of electrical appliances, sound and vision equipment and selected furniture lines. The chain offers branded merchandise to its targeted customers in the LSM 4 to 7 group.
The electronic catalogue is used extensively to market furniture ranges and furniture accounts for 37% of sales in the chain.
Stores are smaller than Lewis stores and average 150m2, being located mainly in high traﬃc areas with high trading densities.
|Financial and operating performance||2016||2015||2014|
|Merchandise sales growth||%||(5.4)||3.3||(4.1)|
|Operating profit margin||%||18||21.1||23.3|
|New stores opened (closed)||(2)||0||1|
|Total trading space||m2||17 564||17 832||18 100|
|Annual revenue per m2||R’000||45||45||41.7|