Mr Price Group - Timeline

John Orr Original founder Stewart Cohen & Laurie Chiappini Joint Chairmen : Honorary chairmen Nigel Payne Chairman Stuart Bird CEO

1885 The first John Orrs store opens
1934 The first Hub store opens
1952 John Orrs is listed on the JSE
1967 Acquisition of two Miladys stores
1986 Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings
1987 The first Mr Price store opens
1991 Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE
1993 Launch of the Mr Price Group Share Partnership Initiative
1996 Acquisition of Galaxy & Co. and Sheet Street
1997 Alastair McArthur is appointed as CEO
1998 Mr Price Home launched
2000 Mr Price opens stores in Botswana and Namibia
2001 Specialty Stores becomes MR Price Group
2005 Over 100 million units are sold across the group
2006 Sale of the Hub and Galaxy divisions
2007 Launch of Mr Price Sport stores and Mr Price Franchising
2008 Miladys wins the Orange Index award for excellence in customer service
2008 Mr Price Apparel is voted the most loved and most frequented retail apparel brand
for first time
2008 This year Mr Price Home is voted the most loved and most frequented homeware retailer
2011 Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion for the first time
2011 The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period
2012 First Corporate owned Mr Price store opens in Lagos, Nigeria
2013 Mr Price launches its online store