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GROUP PROFILE
BRAND STRENGTH AND GROWTH PERFORMS THROUGH ALL CYCLES.
Lewis Group is a leading retailer of household furniture, electrical appliances and home electronics sold on credit through the Lewis, Best Home and Electric and Lifestyle Living brands.
Focused primarily on the expanding middle to lower income market in the living standards measurement (LSM) 4 to 7 categories, the group has a customer base of close to 700 000.
A new chain, My Home, will be launched early in the 2011 financial year, targeting more aspirational customers in the LSM 7 and 8 groups.
Monarch Insurance, the group’s financial services arm, provides short-term insurance cover to credit customers.
Founded 76 years ago in Cape Town, the Lewis Group has grown its branch network to 548 stores. This includes stores across all major metropolitan areas as well as a strong presence in rural South Africa, with 49 stores in the neighbouring countries of Botswana, Lesotho, Namibia and Swaziland.
The group has been listed on the JSE Limited since 2004 where it is classified under the General Retailers sector.
Further information on the group’s history and operations is available on the corporate website www.lewisgroup.co.za