Mr Price misses exchange boat on African odyssey
The allure of South African retailers for foreign investors has been the promise of expansion into the rest of the continent. But, as evidenced by Woolworths abandoning its Nigerian adventures some three years ago, choosing to further its ambitions in Australia instead, that expansion has not been easy.
Now Mr Price, which along with Cape Town-based Woolworths has been the biggest benefactor of foreign investor favour, is also finding its African strategy coming under strain.
The Durban-based retailer … Read the article
Retailers and mobile apps
The smartphone-centric status quo isn’t such a bad thing for retailers.
Smartphones are no longer just a trendy piece of technology. For many consumers, they’re practically an appendage. Eighty percent of 18 to 24-year-olds bring their phone to bed every night.
Click here to read the rest of the article …
Current affairs: State of the economy
Cape Town – Hold on to your formal sector job if you still have one, Mike Schüssler, chief economist at Economists dotcoza, told Fin24.
He was commenting on the latest BankservAfrica Disposable Salary Index (BDSI) released on Wednesday.
Current affairs: Eskom
Johannesburg – More than half of the 8 000 workers who embarked on a wildcat strike seven weeks ago at power utility Eskom’s Medupi plant are back at work, the state-owned firm said on Monday.
Foschini – a Mr Price competitor
With three black women in a board of eleven directors, The Foschini Group (TFG) comes across as a top performer on the BBBEE scales. It is not. The three black women on the TFG board are …
Theme 2016: Mr Price Group
According the IEB circular 100 dated 22 July 2015, the theme for Business Studies in 2016 is … Mr Price Group.
So vinnige inleiding tot die Mr Price Groep:
Verskillende afdelings waaruit die Mr Price Group bestaan.
- Mr Price klere is die grootste deel van die groep se omset: omtrent 57%. Hulle verkoop moderne, maar goedkoper klere vir die hele gesin.
- In 1986 het die groep Miladys oorgevat. Miladys vekoop moderne klere (spesifiek vir “ouer” vrouens) en is verantwoordelik vir omtrent 9% van die groep se omset
- In 1996 word Sheet Street deel van die groep en hier word gefokus op slaapkamer en badkamerbykomstighede. Sheet Street dra omtrent 9% by tot die groep se omset
- 1998 word Mr Price Home op die been gebring waar huishoudelike items vir die slaapkamer, badkamer en kombuis verkoop word, asook meubels. Mr Price Home dra omtrent 19% by tot die groep se omset.
- In 2007 kom Mr Price Sport nuut by. Baie “Maxed-produkte”, sportklere en sporttoerusting, gesondheidsprodukte, gimapparaat, tekkies en sonbrille word hier verkoop en dis […]