Thursday, 27 February 2014

mr price group



our business model is synonymous with offering fashionable merchandise at excellent value.

the value model is at the very core of the group’s existence. Being a value retailer means lower markups and selling higher volumes in order to offer ‘everyday low prices’.

cash sales constitute 80.4% of total sales and the group is focused on remaining a cash-driven retailer. This will continue to differentiate the group from its competitors and produce cash flows that will fund our continued growth and enable an attractive dividend cover.

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