Truworths to close up to 15 loss-making UK Office shoe stores
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JOHANNESBURG (Reuters) - South Africa's Truworths International Ltd will close up to 15 of its loss-making Office stores in the UK, its CEO said on Friday, with an overhaul of the remainder of the shoe retailer expected to boost sales and profits.Office is battling tough conditions in Britain due to uncertainty over Brexit and muted consumer sentiment, combined with pressures on store-based retailers as shoppers move online.The South African-listed clothing, shoes, jewellery and homeware..