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5 Things To Know About Mr Price!

Popular and trendy retail company, Mr Price has always been regarded as a great alternative outlet by customers who don’t fall under the same financial bracket of people that shop at high end department stores. Mr Price’s peculiar knack for sourcing out the latest fashion pieces that cater for all shapes and sizes continues to struck a chord with their customers.

Many long standing companies struggle to welcome new strategies and ideas for the company, however the Mr Price team hasn’t rested on its laurels, hence customers enjoy many offerings that go beyond clothing.

Below are some five facts about the much loved retail brand, Mr Price!

The Beginning:

Mr Price was initially founded in 1985 but officially resumed trading  in the year 1987. Founders of the company;  Laurie J Chiappini and Stewart B Cohen, have worked hard in ensuring that the company remains a lighthouse for all things fresh, stylish and of course, affordable.

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Headquarters:

The Mr Price headquarters are based in Durban, Kwa Zulu Natal. This is where all the important business decisions take place.

Expansion:

It is rare to learn of businesses that have not explored its many potential avenues. The more refined and wholesome Mr Price at present, has established a trading division, such as the introduction of Mr Price Sport/Home, Sheet Street to mention a few.

Financial Services:

The establishment of Mr Price Money was to offer credit and insurance products and cellular offering.

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Mr Price Foundation:

The year 2005 saw the birth of the Mr Price Foundation. It is a non profit organisation and has a remarkable influence and impact on the development of the youth. On the company’s website, the foundation is additionally described as follows:

“…unlock potential and empower young Africans through education and skills development programmes.”

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