SOUTH African retail group Edgars Consolidated Stores Ltd (Edcon) has divided its six-store retail chain into two distinct retail groups, one serving as a discount-speciality division known as United Retail, and the other one serving as a departmental brand store named Edgars. ”In certain towns various chain brands will be housed together in one store,” Edcon said. ”This rebalancing of the group portfolio is part of a strategy to increase both market share and profitability in a changing and challenging market”. – Reuters