Mr Price Group

From Wikipedia - Reading time: 3 min

Mr Price
(JSE: MRP)
IndustryRetail
Founded1985
FounderLaurie J. Chiappini and Stewart B. Cohen
HeadquartersDurban, KwaZulu-Natal, South Africa
Area served
South Africa, Selected Emerging Markets and Globally
Key people
  • Mark Blair (CEO)
ProductsApparel, Homeware, Financial Services and Telecoms.
Number of employees
25,000
Websitehttps://www.mrpricegroup.com

Mr Price Group is a cash-based fashion-value retailer, and is a public company listed on the Johannesburg Stock Exchange. Established in 1985, the retailer has 2,543 stores which are mainly in South Africa, as well as online channels. The company operates through four segments: Apparel, Homeware, Financial Services and Telecoms. The company’s trading divisions are as follows:

  1. Mr Price
  2. Mr Price Sport – formed in 2006
  3. Mr Price Home
  4. Miladys – acquired in 1987[citation needed] [1]
  5. Sheet Street – acquired in 1996[citation needed]
  6. Mr Price Money – formed in 2007[citation needed]
  7. Power Fashion – acquired in 2020[citation needed]
  8. YuppieChef – acquired in 2021[citation needed]
  9. Studio 88 – acquired in 2022[citation needed]

References

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