Mr Price Nigeria to Close: South Africa Business News Latest

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Mr Price Group Ltd. plans to close its Nigerian business in favor of a stronger focus on its home market of South Africa.

The specialist in mid-range clothing, sports goods and homeware has already shuttered four of its five Nigerian stores and expects to close the last one in the coming months, Chief Executive Officer Mark Blair said in a presentation. Nigeria is the third country that Durban-based Mr Price has recently exited, after…

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