In the heart of Ekhurhuleni the Riverfields Precinct is emerging as a rapidly growing and innovative precinct. The recent completion of the first phase of The Foschini Group’s (TFG) new omni-enabled distribution centre marks a significant milestone in this journey. This development not only highlights Riverfields’ strategic importance to TFG, but also sets the stage for an evolution in retail and office spaces within the greater area.
The Foschini Group's strategic location
TFG’s inaugural phase of their state-of-the-art distribution centre in Riverfields is a pivotal shift in their business model. Designed to streamline operations and enhance customer experiences across various channels, this facility is at the heart of TFG’s e-commerce strategy. Aiming to process 70% of all e-commerce orders through this centre in Riverfields Precinct, TFG is poised to revolutionise the efficiency and profitability of its online sector. The move underscores Riverfields’ critical role in TFG’s vision, promising reduced fulfilment costs and a leap in online sector profitability.
Strategically situated, the Riverfields Distribution Centre (DC) is TFG’s answer to consolidating 13 sub-scale distribution centres into one, embodying efficiency and responsiveness. By adopting global supply chain best practices, TFG aims to maintain inventory in a more centralised manner, enabling a “pull model” that optimises stock management and enhances gross margins. This strategic consolidation is expected to foster a seamless omni-channel experience, ensuring TFG remains at the forefront of retail innovation and Riverfields is right alongside with them.
New operational excellence
TFG’s CEO, Anthony Thunström, elaborates on the significance of this development, stating, “The Riverfields distribution centre is a strategic investment and a game-changer for our business. It is set to significantly enhance our operational efficiency, scalability, and customer experience across all channels.”
One of the key advantages of the Riverfields Distribution Centre is its role in optimising TFG’s omni-channel fulfilment. By centralising online distribution and fulfilment, while reducing in-store picking, TFG eliminates the need for costly outsourcing. This distribution centre marks a strategic move towards in-house management, promising faster, more reliable deliveries, better stock availability, and enhanced product quality for TFG’s customers.
It’s a win-win all around.
Introducing 11 Gleneagle Office Park
Beyond retail innovation, Riverfields is also making strides in office space development with the introduction of 11 Gleneagle Office Park. Currently under construction, this modern office space is poised to redefine the landscape of corporate environments in the precinct. Featuring unique architectural design and energy-saving amenities like a backup generator and a 5000l water tank, 11 Gleneagle Office Park promises a blend of functionality and sustainability.
Spanning two storeys with 1,945m2 of air-conditioned offices and a triple-volume entrance lobby, the office park is designed to cater to the evolving needs of businesses. Tenants will enjoy exclusive access to a covered roof terrace, alongside 75 parking bays, including open, covered, and semi-basement options, marrying convenience with modernity.
Riverfields Precinct as a hub of innovation
With TFG’s strategic expansions and the development of 11 Gleneagle Office Park, Riverfields is quickly becoming a symbol of innovation and growth in Gauteng. These developments not only contribute to the economic vitality of the area, but also promise a future where businesses and consumers alike can thrive in an environment that values efficiency, sustainability, and community.
As TFG ramps up operations at the Riverfields Distribution Centre, with full throughout expected by the end of 2023, and anticipates the benefits from the 2024 financial year onwards, the precinct stands on the cusp of a new era. Riverfields Precinct is not just witnessing growth; it’s driving it, setting new standards for retail and office environments in South Africa.