Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase.
Get this sample report, completely free
DOWNLOAD NOW
In case you want this report emailed straight into your email inbox, kindly share your details below. Please note that you agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
The Summary report contains the SWOT & PESTLE table contents only. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this free summary report
DOWNLOAD REPORT
In case you want this report emailed straight into your email inbox, kindly share your details below. Please note that you agree to receive email updates from us on our new reports and solutions.

Mr. Price Group SWOT and PESTLE Analysis

ID : 521761853| Sep 2023| 21 pages

COMPANY PROFILE -Mr. Price Group

Business Sector :Fashion Retail, Financial Services & Telecom

Operating Geography :South Africa, Africa

About Mr. Price Group :

Mr Price Group is a renowned South African retail company founded in 1985, with a strong presence in the fashion and homeware market. Headquartered in Durban, it has grown into a leading retail giant with a significant international footprint. The company operates various retail brands, including Mr Price, Mr Price Sport, Mr Price Home, and Miladys, catering to diverse consumer preferences. It is known for its commitment to affordability and quality, offering a wide range of clothing, accessories, and home products at competitive prices. Their customer-centric approach focuses on making trendy and affordable fashion accessible to a broad audience. The company also emphasizes sustainability and ethical practices in its operations, aligning with contemporary consumer demands for responsible retailing. It has expanded its presence in Africa with 2702 stores. As of early 2023, it employs 28000 individuals.

Mr Price Group thrives on its unique selling proposition (USP) of delivering affordable, quality fashion and homeware, underpinned by ethical and sustainable practices. Their mission is to achieve global retail leadership, renowned for accessibility, affordability, and responsible retailing. This commitment forms the bedrock of their success in the industry. This commitment to customer satisfaction and adaptability has solidified its position as a leading retail player in the market.

Mr. Price Group Revenue :


R 32,668 million - FY ending 2nd April 2023 (y-o-y growth 17.2%)
R 27,865 million - FY ending 2nd April 2022

Competitive Analysis of Mr. Price Group

SWOT
PESTLE
The SWOT analysis for Mr. Price Group is presented below in a matrix followed by the detailed analysis report:
StrengthsWeaknesses
1. Top fashion retailer in South Africa, with an early mover advantage in e-commerce segment.
2. Strong HEPS growth with 10-year CAGR of 9.8% compared to 3.4% of competitors.
3. Robust ROIC with 5-year CAGR of 26% compared to 7.6% of competitors.
4. Unrivaled fashion-value offerings catering to multiple customer segments, with significant contribution from apparel & homeware divisions.
5. Strong track record of acquisitions for diversified revenue streams.
6. High customer engagement with significant market share.
1. High dependence on South African market.
2. Limited online presence with only 3% sales generating through e-commerce.
OpportunitiesThreats
1. Diversify the customer base by entering new segments through acquisitions.
2. Significant growth potential driven by its historical growth & trend of online shopping.
1. Uncertainties like COVID-19 led to global supply chain disruptions, impacting revenue & business growth.
2. Short-lived fashion trends threaten product relevance in the fast-paced industry.
3. Intense competition from other retailers viz., TFG & others.
SWOT & PESTLE (combined)
Complete Report
USD 27.53
*
  • Debit/Credit card
  • PayPal
Great quality, Affordable pricing.
Safe and secure payments
Mr. Price Group SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.

Detailed SWOT Analysis of Mr. Price Group

Strength

1. Top fashion retailer in South Africa, with an early mover advantage in e-commerce segment:Mr Price Group is a leading fashion retailer in South Africa. The company has established itself as a prominent player in the retail industry, offering a wide range of fashionable products to its customers. It has a strong presence in South Africa and operates various retail brands, including Mr Price, Mr Price Sport, Mr Price Home, Miladys & others. These brands cater to different customer segments and offer a diverse selection of clothing, sportswear, home goods, and accessories. One of its key strengths is its ability to adapt to changing market trends and consumer preferences. The company recognized the growing importance of e-commerce early on and invested in developing a robust online platform. By embracing technology and digital innovation, it has been able to reach a broader customer base and meet the evolving needs of modern shoppers. Furthermore, its strong brand reputation and extensive retail network provide a competitive edge in the market. With 2,702 physical stores across Africa, the company offers a convenient shopping experience for customers who prefer to visit brick-and-mortar locations.

The remaining section under "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

1. Uncertainties like COVID-19 & civil unrest impacted revenue & business growth: The country is facing economic and social challenges, including high unemployment rates, inadequate infrastructure development, insufficient service delivery, and a growing wealth gap. To support the country's short-term recovery, the government implemented various relief measures during the peak of the COVID-19 pandemic. In 2020, the South African economy experienced a decline of 6.4% in GDP growth, creating a low base for recovery. Although there was steady progress, complex social factors led to civil unrest in July 2021. This unrest, characterized by widespread looting and vandalism in provinces like KwaZulu-Natal and Gauteng, caused significant damage to property, disrupted business continuity, and affected livelihoods. Recent commodity price surges and supply chain constraints have put pressure on inflation, which is expected to generate second-round effects. The South African Rand has also been affected by increasing pressure from global market forces, further adding to the challenges faced by the Group in navigating the uncertain economic landscape.

The remaining section under "Threat" is available only in the 'Complete Report' on purchase.

Major Competitors :

  • Woolworths Holdings Ltd
  • Takealot Group
  • Foschini Group
  • Truworths International
  • Pepkor Holdings
  • Cotton On
  • Zando
  • Edcon

Major Brands :

  • Mr Price
  • Mr Price Home
  • Mr Price Sport
  • Mr Price Money
  • Miladys
  • Sheet Street
  • Power Fashion
  • Yuppiechef
  • Studio 88
SWOT & PESTLE (combined)
Complete Report
USD 27.53
*
  • Debit/Credit card
  • PayPal
Great quality, Affordable pricing.
Safe and secure payments
Mr. Price Group SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?

You may also be interested in other analyses of Mr. Price Group:

Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Mr. Price Group
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.

Check Out Analysis of Other Relevant Companies

References used in Mr. Price Group SWOT & PESTLE Analysis Report

1. Mr Price Group Official Website: https://www.mrpricegroup.com/about-us/
2. Mr Price Group Annual Results 2022: https://www.mrpricegroup.com/wp-content/uploads/2022/06/Mr-Price-Group-Annual-Results-2022.pdf
3. News24: Twenty Mr Price Stores Still Closed After Looting: https://www.news24.com/fin24/companies/twenty-mr-price-stores-still-closed-after-111-were-looted-distribution-mostly-unaffected-20210721
4. HellermannTyton - RFID Tracking and Identification: https://www.hellermanntyton.com/in/competences/rfid-tracking-and-identification
The detailed complete set of references are available on request in the 'Complete report' on purchase.

How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Mr. Price Group SWOT and PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2024). Mr. Price Group SWOT and PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/mr-price-group/ [Accessed 03 Nov, 2024].

In-text: (SWOT & PESTLE.com, 2024)

Copyrights and Disclaimer

Mr. Price Group SWOT and PESTLE analysis has been conducted by Sindhu and reviewed by senior analysts from Barakaat Consulting.

Copyright of Mr. Price Group SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

Mr. Price Group SWOT and PESTLE Analysis
Price : USD 27.53
Open chat
1
Hello
How can I Help You?