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'People are just trying to survive.' Analysts weigh in on Mr Price's share price plunge

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Mr Price Group

Another concern for analysts was that the group seemed to be mainly growing through acquisitions and new store rollout.

The lower end of the retail market has been highly sought after by clothing and food retailers alike, who have been increasing their footprints there as they aim to take advantage of consumers shopping down in a difficult economic environment.

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Rand - Dollar
17.37
+1.0%
Rand - Pound
21.21
+0.6%
Rand - Euro
18.29
+0.1%
Rand - Aus dollar
11.71
+0.5%
Rand - Yen
0.13
+1.5%
Gold
1,775.34
-1.3%
Silver
22.35
-3.5%
Palladium
1,887.67
-0.7%
Platinum
1,004.00
-1.6%
Brent Crude
85.57
-1.5%
Top 40
68,543
+0.5%
All Share
74,693
+0.5%
Resource 10
74,781
+1.0%
Industrial 25
91,501
-0.1%
Financial 15
15,595
+1.3%
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