Behind Mr Price’s unravelling

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Its customers are buckling under the strain of load-shedding, food inflation and higher interest rates, as the growth in credit sales shows.

At the time of writing, load-shedding had just reared its ugly head once more. Seemingly overnight we escalated from a mildly irritating couple of hours a day through to the full-fat, 7½-hours-a-day version.

By the time you read this, retail sector share prices could have been significantly affected by how much load-shedding there is in July. ... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

 

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