Vodacom South Africa has built an enablement platform for mobile virtual network operators and declared it’s “open for business”.
Browsing: Mr Price
Shein has gained a strong foothold in the e-commerce market in South Africa. But is it competing on a level playing field?
Implementation of a new software system from Oracle has negatively impacted Mr Price Group’s full-year results.
Mr Price Group is rolling out backup power to all its stores, as the company’s chairman called the country’s current electricity shortage untenable.
Mr Price Cellular, the mobile virtual network operator launched in 2017, has shown stunning growth in the past year, topping R1-billion in revenue.
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
Mr Price Group is a step closer to scooping up online retail kitchenware pioneer Yuppiechef after the Competition Commission on Thursday announced its backing of the acquisition.
Mr Price Group reported a 64.1% increase in full-year online sales, with the same figure from its core apparel and sports brands more than doubling in the same period.
Mr Price said on Monday that it has reached an agreement to buy 100% of Yuppiechef, an “omnichannel” retail business focused on kitchenware, for about R470-million in cash.
Despite overall trade taking a hit due to the Covid-19 fallout and lockdown, Durban-based national apparel and home retail giant Mr Price Group has seen a surge in online sales and has increased its market share post the “hard” lockdown.