The acquisition will not affect existing partnerships with Woolworths and Dis-Chem, says TFG
TFG, the owner of retail chains such as Foschini and Totalsports, has acquired digital delivery service provider Quench, which already has partnerships with Woolworths and Dis-Chem, for an undisclosed sum.
The fashion retail giant said in a Thursday statement it acquired Quench through its Labs division as part of its ambition to become an SA “e-commerce powerhouse”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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