Behind Mr Price’s unravelling
Its customers are buckling under the strain of load-shedding, food inflation and higher interest rates, as the growth in credit sales shows
27 July 2023 - 08:00
At the time of writing, load-shedding had just reared its ugly head once more. Seemingly overnight we escalated from a mildly irritating couple of hours a day through to the full-fat, 7½-hours-a-day version.
By the time you read this, retail sector share prices could have been significantly affected by how much load-shedding there is in July. ..
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