Departure of CFO 'inevitable' as Mr Price counts its costs
The retailer has struggled amid more intense competition and as consumers continue to feel the pinch
Source: mg.co.za
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Traditionally cash-based Mr Price sees rise in credit purchases
Credit sales, which contributed 12.7% to total sales, rose 8.3% – leading to a loan book worth R2.5bn
Source: moneyweb.co.za
Seeing red on Black Friday — and it's not Santa
With interest rates up and consumer spending down, things are not looking good for the retail sector.
Source: timeslive.co.za
Mr Price grants CEO R33m bonus as he's 'not paid enough'
Mark Blair’s special share award follows pay benchmarking exercise …
Source: moneyweb.co.za
To its credit: How Mr Price cashed in on debt options
Cash isn't king anymore for value retailer Mr Price, but it won't pursue growth in credit "too aggressively".
Source: news24.com