Cash Converters seeks Flemish growth through Torfs

Cash Converters seeks Flemish growth through Torfs

Australian second-hand seller Cash Converters wants to expand its operations in the north of Belgium, for which it has enlisted two local retail experts: Wouter Torfs (of the eponymous Belgian shoe giant) and Herman van Beveren (Decathlon).

Another 25 stores

General manager Kurt Rens feels there is room for another 25 stores in Flanders: a huge increase compared to the only three stores the company now has in the Dutch-speaking part of Belgium. The overwhelming majority of Belgian stores (24) are in the French-speaking south part of Belgium.

 

The company will not only look to opportunities to open its own stores, but also look at possible franchise stores. Torfs and Van Beveren will have to guide the company around the Flemish retail landscape.

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