Mr. Price

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Mr Price / MRP
Traded as (JSE: MPC)
Industry General Clothing Stores
Headquarters Durban, South Africa
Area served
South Africa and Selected Emerging Markets
Revenue Increase R8.8 Billion(FY 2009)[1]
Increase R827 Million(FY 2009)[2]

Mr Price, also known as MRP, is a publicly traded retail company based in South Africa. Founded in 1885, it has been traded on the Johannesburg Securities Exchange since 1952. The store has changed names several times since 1985, including John Orrs and Hub. The first Mr Price opened in 1987 after the current owners bought a controlling interest in John Orrs. Stores are located in Namibia, Rwanda, Botswana, Kenya, Uganda, Tanzania, Malawi and South Africa. Retail sales surpassed 5 billion rand in 2007.[3]