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Mr Price's whole thing is selling affordable clothes and basics to people who are budget conscious, which i…by @trpine_patient on $MRP

TR
trpine@trpine_patient·MemberBearish

Mr Price's whole thing is selling affordable clothes and basics to people who are budget conscious, which is exactly what works when times are tight. Load-shedding and tough consumer spending hurt everyone in retail, but MRP's margins are already thin so yeah, it feels it harder than say Woolies does. At 169.55 though, seems reasonable if you're in it for a few years.

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