MR PRICE NEWS ON FASTMOVING

Johannesburg - Retailer Mr Price on Tuesday posted interim earnings growth of 22% because of sales growth and said it plans to open over 40 stores in the second half of the year. read more

Mr Price Group Ltd. advanced to a record high after the South African clothing and furniture retailer said earnings climbed 18 to 22 percent even as household budgets tightened. read more

Residents of Ibadan metropolis trooped out enmasse on Wednesday, to have a glimpse of a wear outfit located at the newly opened Odu’a Shopping Mall, along J Allen area, Ibadan, the Oyo State capital. read more

The future of about 4,000 workers in the country's textile sector is uncertain as firms report that local and export orders for June and beyond have dried up.  read more

Shares of JSE-listed Mr Price gained 3 percent to R118.98 on Wednesday’s early trade after it said figures for the year ended March would be higher than in the previous reporting period. read more

Johannesburg - SA stocks recovered slightly from last week’s declines on Monday‚ as retailers and industrials led the market higher.  read more

Johannesburg - South African retailers, fund managers' must-haves in their portfolios for more than a year, are fast falling out of favour as debt-led consumer spending starts to unravel. read more

Shares in Mr Price fell more than 2 percent after the South African clothing retailer said quarterly sales grew by 10 percent, disappointing investors who may have been expecting a bigger rise.  read more

His Excellency, President Hifikepunye Pohamba, on 26 October 2012 laid the foundation for the N$92 million Keetmanshoop Retail Centre, which is being developed by financial services giant Old Mutual. read more

Shares in Mr Price fell more than 2 percent after the South African clothing retailer said quarterly sales grew by 10 percent, disappointing investors who may have been expecting a bigger rise. read more

The fight for market share among food and clothing retailers would continue next year as retail sales were expected to remain flat while consumers battled with high debt and increased utility costs, retail analysts said last week. read more

Johannesburg - Mr Price Group [JSE:MPC] advised on Thursday that for the 26 weeks ended September 2012‚ its basic earnings and headline earnings per share are expected to increase by between 30% and 35% due to a lower taxation charge as a consequence of no STC being levied on the 2012 final dividend‚ which was paid in the current period. . read more

Retailer Mr Price (MPC) on Thursday announced it expects its headline earnings and basic earnings per share for the 26 weeks ended September 29 “are likely to be higher than the previous corresponding period by more than 20%.”  read more

Shares in Mr Price Ltd rose more than 3 percent on Tuesday after the Johannesburg Stock Exchange (JSE) said South Africa's third-biggest listed clothes retailer would join its blue-chip index next week.  read more

Mr Price on Thursday reported an impressive 14.9% growth in sales for the 18 weeks to August 4, proof the fashion retailer has once again read the market right. read more

Mr Price on Monday went live with its online retail offering, which CEO Stuart Bird says will enable the company to further strengthen relationships with its target customers. read more

The reconfiguration will ensure the best mix of retailers in positions which create a dynamic and convenient shopping experience.  read more

The share price of Mr Price rose to a record high yesterday after it announced the appointment of New York-based financial services company, BNY Mellon, as the depositary bank for its American depositary receipt programme. read more

South African retailers continue to pique the interest of foreign buyers, with the Government of Singapore Investment Corporation acquiring a stake in Spar. read more

Investec Property is pleased to announce that the refurbishment of its Fleurdal Mall, situated in Vereeniging Avenue, Fleurdal, Bloemfontein is progressing well.  read more

Clothing retailers have beat market expectations in the past year, improving performances and margins through supply chain efficiency, but how sustainable is this growth as consumers come under increased pressure? read more

Johannesburg - In an aim to grow market share, fashion retailer Mr Price Group [JSE:MPC] will launch an online shopping platform later this year.  read more

Fashion retail chain Mr Price hoped to extend trading space by 5% in the coming year and was set to launch an online store to grow market share, it said in its results for the 52-weeks ended March, released yesterday. read more

Johannesburg - Retailer Mr Price Group [JSE:MPC] advised on Wednesday that for the 52 weeks ended 31 March 2012 it expects basic and headline earnings per share to have increased by between 18% and 23% over the prior year, being the 53 weeks ended 2 April 2011.  read more

Mr Price Group has recorded sales growth of 15.9% for the third quarter over the comparable period in the prior year. read more

As competition intensifies in SA, local retailers have looked offshore for growth and many have also understandably set their eyes on the rest of Africa.  read more

Shares in Woolworths fell more than 2% yesterday after the food and fashion retailer reported disappointing sales growth in its clothing unit as well as poor volume growth in its first five months of trading in its full year. read more

Angola, Ghana are next says retailer as sales rise 10,7% read more

(Durban, 26 May 2011) This year, Mr Price Group celebrates the 25th anniversary of the change in control in the company. The compound annual growth rate in share price and dividends per share over this period has exceeded 25%, with headline earnings per share growing at a compound annual rate of 24%. Other significant milestones have also been achieved this year – retail sales have exceeded R10 billion and profit attributable to shareholders has exceeded R1 billion for the first time.  read more

Johannesburg - Shares in Mr Price Group [JSE:MPC] rose more than 2% in early trade on Tuesday after the discount clothing retailer forecast as much as a 53% rise in full-year profit. read more