{"id":827178,"date":"2025-06-06T13:30:00","date_gmt":"2025-06-06T11:30:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=827178"},"modified":"2025-06-06T15:14:25","modified_gmt":"2025-06-06T13:14:25","slug":"the-south-african-company-that-should-scare-woolworths-and-mr-price","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/827178\/the-south-african-company-that-should-scare-woolworths-and-mr-price\/","title":{"rendered":"The South African company that should scare Woolworths and Mr Price"},"content":{"rendered":"\n<p>Bash, TFG\u2019s omnichannel platform, launched in March 2023, has achieved exceptional growth and poses a significant threat to traditional clothing retailers, such as Woolworths and Mr Price.<\/p>\n\n\n\n<p>Bash was developed by TFGLabs, a startup created within TFG and headed by e-commerce veterans Claude Hanan and Luke Jedeiken.<\/p>\n\n\n\n<p>Hanan and Jedeiken founded Superbalist, which Takealot later acquired. They also served as Takealot executives during the company\u2019s rapid growth spurt.<\/p>\n\n\n\n<p>Under their leadership, Bash has grown from an ambitious idea into an e-commerce powerhouse that is starting to dominate the South African online clothing market.<\/p>\n\n\n\n<p>It has surpassed 8.1 million app downloads and 1 million TikTok followers, the first South African retailer to surpass that milestone.<\/p>\n\n\n\n<p>TFG\u2019s financial statements for the year ended 31 March 2025 confirmed Bash\u2019s continued strong performance and growing contribution to the retailer\u2019s performance.<\/p>\n\n\n\n<p>TFG\u2019s online sales grew by 43.5% and now contribute 5.8% to total TFG Africa sales, driven by the continued strong performance of our Bash platform.<\/p>\n\n\n\n<p>What is particularly impressive is that Bash has moved into profitability two years ahead of expectation. This isn\u2019t easy to achieve in South Africa\u2019s e-commerce market.<\/p>\n\n\n\n<p>Bash achieved a standout performance in its second full year of operation, contributing R2.1 billion in revenue. It is the digital equivalent of 195 physical stores.<\/p>\n\n\n\n<p>To put it into perspective, the R2.1 billion in sales is like adding the equivalent of 64 new stores without leases, buildout, or inventory risk.<\/p>\n\n\n\n<p>Each additional rand generated via Bash delivered 25c in profit, with R1 billion in avoided capital expenditure (capex) and tied-up stock.<\/p>\n\n\n\n<p>Bash recorded a 26% increase in retention within 13 months, a key metric of an online platform\u2019s success.<\/p>\n\n\n\n<p>BashDelivery now handles 1.5 million parcels annually, delivering 59% of orders in under 48 hours at 34% lower cost.<\/p>\n\n\n\n<p>Omni-selling in-store tech is projected to deliver R350 million in sales from 1,800 stores, with a 215% return on investment (ROI). This is music to TFG\u2019s ears.<\/p>\n\n\n\n<p>The platform has also invested heavily in technology to enhance service delivery and increase customer experience.<\/p>\n\n\n\n<p>It deployed an AI shopping assistant called Clarity, driving a 3.3% lift in revenue. Bash\u2019s automated returns service, Baxter, manages support at scale.<\/p>\n\n\n\n<p>It has also integrated smart checkout through Apple Pay, Google Pay, Samsung Pay, and BashPay, reducing checkout time to just 5 seconds.<\/p>\n\n\n\n<p>Bash has become more than a digital channel for TFG. It is a platform driving digital transformation across the group.<\/p>\n\n\n\n<p>From stores to supply chain, customer experience to cost efficiency, it\u2019s now embedded in how the group grows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bash has achieved exceptional growth and poses a significant threat to traditional clothing retailers, such as Woolworths and Mr Price.<\/p>\n","protected":false},"author":10,"featured_media":827180,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[8891,5450,5520,2910,9214,22787,949],"class_list":["post-827178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bash","tag-claude-hanan","tag-luke-jedeiken","tag-mr-price","tag-tfg","tag-tfglabs","tag-woolworths"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/827178","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=827178"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/827178\/revisions"}],"predecessor-version":[{"id":827227,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/827178\/revisions\/827227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/827180"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=827178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=827178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=827178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}