{"id":506034,"date":"2021-07-14T15:26:08","date_gmt":"2021-07-14T13:26:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=506034"},"modified":"2021-07-14T15:32:07","modified_gmt":"2021-07-14T13:32:07","slug":"mass-diy-retailer-reveals-looting-damage-at-36-stores","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/506034\/mass-diy-retailer-reveals-looting-damage-at-36-stores\/","title":{"rendered":"Mass DIY retailer reveals looting damage at 36 stores"},"content":{"rendered":"<p>Listed mass retailer of building materials, home improvement and related products, Cashbuild on Wednesday (14 July) highlighted the damage caused to its outlets and operations mainly in Gauteng and KwaZulu-Natal from the ongoing violent protests and looting in South Africa.<\/p>\n<p>As of this morning (14 July), a total of 36 stores &#8211; 32 Cashbuild and 4 P&amp;L Hardware stores &#8211; have been damaged and looted and are currently unable to trade, it said in a statement.<\/p>\n<p>The group has 317 stores &#8211; 258 Cashbuild, 58 P&amp;L Hardware and 1 Cashbuild DIY &#8211; countrywide.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">RT <a href=\"https:\/\/twitter.com\/BongeMacupe?ref_src=twsrc%5Etfw\">@BongeMacupe<\/a>: The aftermath of the looting at this shopping complex. Some people are still inside the Cashbuild taking whatever they can get.<\/p>\n<p>The looting has now moved to Protea Glen mall about 500 meters away from this shopping complex.<a href=\"https:\/\/t.co\/lL4DGLvyBG\">pic.twitter.com\/lL4DGLvyBG<\/a><\/p>\n<p>\u2014 City Press (@City_Press) <a href=\"https:\/\/twitter.com\/City_Press\/status\/1414589693971386370?ref_src=twsrc%5Etfw\">July 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&#8220;Cashbuild has insurance cover in place for such events to minimise losses to the Group. Although higher yesterday, 33 stores remain closed today as a precautionary measure to prevent further damage. This will be continuously reassessed as the situation in the country normalises.<\/p>\n<p>&#8220;Cashbuild will hereafter initiate a process of rebuilding, restoring and restocking the affected stores for trading which, dependant on the nature and extent of the damage, will determine the timeline to reopen,&#8221; it said.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Cashbuild.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-506040\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Cashbuild.png\" alt=\"\" width=\"794\" height=\"535\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Cashbuild.png 794w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Cashbuild-300x202.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Cashbuild-768x517.png 768w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\" \/><\/a><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/government\/505840\/looters-gangsters-and-the-third-force-the-disturbing-root-of-south-africas-violent-riots\/\" target=\"_blank\" rel=\"noopener\">Looters, gangsters and the \u2018third force\u2019 \u2013 the disturbing root of South Africa\u2019s violent riots<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Listed mass retailer of building materials, home improvement and related products, Cashbuild on Wednesday (14 July), highlighted the damage caused to its outlets and operations mainly in Gauteng and KwaZulu-Natal from the ongoing violent protests and looting in South Africa.<\/p>\n","protected":false},"author":10,"featured_media":506060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[15150,26],"class_list":["post-506034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cashbuild","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/506034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=506034"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/506034\/revisions"}],"predecessor-version":[{"id":506064,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/506034\/revisions\/506064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/506060"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=506034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=506034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=506034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}