Acquisitions boost Mr Price, but market share slips
Retail sales and other income rose almost a fifth in the group’s third quarter
21 January 2022 - 08:21
UPDATED 21 January 2022 - 13:48
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 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 7.2% when excluding its recently acquired Power Fashion and Yuppiechef businesses...
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