Company Description
Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails Apparel, Homeware and Sportsware and is one of the fastest growing retailers in South Africa.
Our History:
1885 - The first John Orrs store opens
1934 - The first Hub store opens
1952 - John Orrs is listed on the JSE
1967 - Acquisition of two Miladys stores
1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings
1987 - The first Mr Price store opens
1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE
1993 - Launch of the Mr Price Group Share Partnership Initiative
1996 - Acquisition of Galaxy & Co. and Sheet Street
1997 - Alastair McArthur is appointed as CEO
1998 - Mr Price Home launched
2000 - Mr Price opens stores in Botswana and Namibia
2001 - Specialty Stores becomes MR Price Group
2005 - Over 100 million units are sold across the group
2006 - Sale of the Hub and Galaxy divisions
2007 - Launch of Mr Price Sport stores and Mr Price Franchising
2008 - Miladys wins the Orange Index award for excellence in customer service
2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand
for the first time
2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer
2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion
for the first time
2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period
2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria
2013 - Mr Price launches its online store