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Mr. Price

Mr. Price is a multi-channel retail company listed on the Johannesburg Stock Exchange. Established in 1985, the retailer has 2,543 stores which are mainly in South Africa, as well as online channels and 8 franchised stores in the rest of Africa. The Company operates through four segments: Apparel, Home, Financial Services and Telecoms. As of 2022, the company had over 20,000 employees and earned USD 1,544 billion in revenue.

Summary

Mr. Price performs below average overall and ranks 48th in the apparel sector with a score of 15.1 out of 100. Although it performs well in the health and well-being measurement area, it displays moderate to poor performance across all measurement areas, with the most significant room for improvement in the marketplace and community area, where it ranks at the bottom.

Mr. Price has publicly available policies in place regarding violence and harassment in the workplace, like many other companies in the benchmark. However, it has an opportunity to improve in various areas like making a public commitment to gender equality and women’s empowerment, disclosing its global primary carer leave policy, and aligning it to ILO standards of at least 14 weeks and disclosing its global secondary carer leave policy, and aligning it with the ILO standards of at least 2 weeks. It also has an opportunity to disclose its remediation process for addressing violence and harassment grievances in the workplace.

Ranking position: #86 /112
Total score: 15.1 /100

Measurement area	Score	Rank (0-112)
Governance and strategy	#1 1.4 /20	#91
Representation	#1 1.3 /17.5	#96
Compensation and benefits	#1 1.5 /17.5	#59
Health and well-being	#1 7.7 /17.5	#23
Violence and harassment	#1 3.3 /17.5	#51
Marketplace and community	#1 0.0 /10	#76
Total score	15.1 /100	#86

Value chain element	Score
Workplace	5.1 /35
Supply chain	8.6 /35

Segment
Apparel	#48

More about the company

Headquarters: Durban, South Africa
Number of employees: 20443
Percentage of female employees: 72%
Group revenue: USD 1,544 billion
Ownership structure: Publicly listed
Website: https://www.mrpricegroup.com/