The South African retailer Foschini has said that it will not pay rent on its stores during the nationwide Covid-19 lockdown that began on March 27. “Once the situation normalizes we will then be able to assess the full financial impact on the business and will engage with you further,” the company said in letter to landlords. The group has a portfolio of 29 banners and over 3,000 stores that cover various kinds of merchandise, including clothing, footwear and sportswear.

The country’s lockdown was extended by14 days, bringing the expected total lockdown period to 35 days.