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Mr Price gets boost from new acquisitions, but reports market share slip

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Retail sales and other income rose almost a fifth in the group's third-quarter, when Mr Price put more emphasis on selling full-priced items

Retailer Mr Price says new acquisitions helped it grow revenue by almost a fifth over the festive period, but it has seen market share slip a little after it opted to protect its margins.

Retail sales and other income rose 19.2% to R9.3bn in the three months to January 1, Mr Price said in an update on Friday, or by 7.2% when excluding its recently acquired Power Fashion and Yuppiechef businesses...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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Mr Price gets boost from new acquisitions, but reports market share slipRetail sales and other income rose almost a fifth in the group's third-quarter, when Mr Price put more emphasis on selling full-priced items I never wanted to give it a try because I was really afraid of losing my hard-earned money to any scammers online, I am really delighted, I will keep investing with williamchurch09 EXCHANGE company 🇿🇦, you too can start making profits from Agent. Kindly message williamchurch09 I always hated Bitcoin and thought it was a scam,till I met AMBREYMARCUS1 I made my withdrawal of R250,000 in 2 weeks thanks to AMBREYMARCUS1 Now am financially stable . For a start i deposited R3,500 to test the waters, in 7days I got a return of R12,000 his diligence and honesty is undeniable. Interested persons should contact him Anthony_Claw
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