[7] Since then, the Company had grown to ten retail brands trading in (as of 2014) over 1400 stores in South Africa, Botswana, Namibia, Eswatini, Lesotho, Ghana, Zimbabwe and Zambia.

In early 2020, during the COVID-19 pandemic, the company ceased to pay rents for its retail locations while the resultant lockdowns in South Africa prevented businesses from operating.

Following the private equity takeover by Bain Capital, Edcon had a succession of CEOs, lost significant market share, and struggled with an oversupply of leased floorspace.

[17] In December 2018 it was reported in the Sunday Times[18] that Edcon and its subsidiaries were on the brink of financial collapse and was seeking a deal with mall owners to reduce rental payments.

On the 8th of September 2020, The Competition Tribunal approved the sale of Edgars to Durban Based, private fashion company Retailability,[23] who owns three other brands, Legit, Style and Beaver Canoe.

The Competition Tribunal also approved the sale of JET to The Foschini Group saving an additional undisclosed number of jobs in the process.