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Mr Price Group is a cash-based fashion-value retailer, and is a public 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. The company operates through four segments: Apparel, Homeware, Financial Services and Telecoms.
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The company was formed in 1889 by Henry David Lee as the HD Lee Mercantile Company at Salina, Kansas, producing dungarees and jackets. The growth of Lee was prompted by the introduction of the Union-All work jumpsuit in 1913 and their first overall in 1920. [4] Later in the 1920s Lee introduced a zipper fly and continued to expand.
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