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Business: 22,000 Edcon employees set to get retrenchment notices

SA’s biggest non-food retailer Edcon has served 22,000 of its employees with notices of retrenchments as it blames load-shedding and the initial 45-day hard lockdown for its collapse. The troubled Edcon Holdings, which owns Edgars and Jet among others, is now seeking buyers as it struggles to stay afloat due to debt and poor sales. […]