MR PRICE Group, in its 2025 financial year, will focus on growth from existing operations, a departure from the strategy in the past three years where growth was supported by acquisitions.
CEO Mark Behr said in the value clothing and homeware retail groups annual report released on Friday they would also invest appropriately on existing operations, especially considering the threats of global commerce players.
Were in the pursuit of consistency that our activities result in an ever-improving position, and that we are rated above our peer group, he said.
Organic concepts Mr Price Cellular and Mr Price Kids were already showing great promise, he said.
The year ahead will be tough in the absence of growth in gross domestic product and employment, consumers will continue to be hard-pressed financially, he said.
