COMPANY COMMENT

Mr Price’s tale of challenges

The value-based retailer’s trading update shows what even the best-run retailers face doing business in South Africa

Mr Price’s recent trading update could steal the title from a famous children’s book — offering shareholders a “terrible, horrible, no good, very-bad day”.  The value-based retailer is cash-rich, debt free and sells affordable but trendy goods. It hasn’t put a foot wrong...

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