Discount retailer Pepkor — which owns brands such as Pep, Ackermans, Refinery and Bradlows — says the impact of supply chains will lead to rising product prices from mid-July, even as the stronger rand has offset price inflation to date.

Pepkor CEO Leon Lourens was speaking to Business Day at the release of the clothing, furniture and technology consumer company’s annual results. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.