Mr Price earnings impacted by lockdown

  • 📰 eNCA
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mr Price, one of South Africa's biggest retailers, has shown just how badly it's been affected by the lockdown.

In April, all the group’s South African stores were closed and retail sales dropped by over 80 percent.In the months after April, Mr Price's books showed consumers still prefer using cash.In May and June combined, cash sales increased by 16.

7 percent. Credit sales fell by 9.4 percent.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in CA

Canada Canada Latest News, Canada Canada Headlines