Retailer Mr Price said on Friday it had gained market share in its third quarter to December 28, and is keeping prices low to entrench its position in a trading environment where consumers are cutting back on non-essential items.
Consumers continue to be constrained, highlighted by the Bureau for Economic Research consumer confidence index remaining negative at -7 index points in the fourth quarter, Mr Price said.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mr Price reports market share growth as it keeps costs downThe retailer says retail sales and other income grew 3.5% to R7.4bn in the quarter to end December 28, adding it intends to keep prices low That's true Mbona. Importance of overall cash flow in the financial health of the business.
Source: BDliveSA - 🏆 12. / 63 Read more »
Mr Price reports market share growth as it keeps costs downThe retailer says retail sales and other income grew 3.5% to R7.4bn in the quarter to end December 28, adding it intends to keep prices low That's true Mbona. Importance of overall cash flow in the financial health of the business.
Source: BDliveSA - 🏆 12. / 63 Read more »