Mr Price Nigeria to Close: South Africa Business News Latest


Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter

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…



Source link

ACM
About Author: ACM
This information is 3rd party content that is added to ACM strictly for non-commercial informational purposes. Information is the Key to Set the Black Mind Free