welcoming note
Welcoming Note
Corporate Profile
Directorate

Hi Everybody,

Here at Mr Price we know good business is simple business, that’s why when we started the Mr Price Group with one small retail outlet in Brickhill Road, Durban, in 1987 we started with a few simple goals.

Being average Joe’s ourselves, we looked at what the average South African needed in their life – more choice, honest value for money and the ability to enjoy life on a budget and if you look at each of our divisions you will see that they deliver these needs across the different product categories.

For us at Mr Price it is about doing it right the first time and with the help of our business partners (everyone who works in every division at all levels) we have gone from strength to strength. That’s why at Mr Price Group we are always expanding, evolving and growing.

 corporate profile^ top 

Mr Price Group Limited and its subsidiaries operate over 750 stores across Southern Africa.

DIVISIONS

Mr Price Group consists of four retail chains, focusing on clothing, footwear, accessories and homewares. These chains are divided into two operational divisions namely; the apparel and home divisions.

Apparel Home

Mr Price is about casual fun and relaxed fashion for the whole family. This value retail chain offers casual clothing, intimate wear and accessories for kids and adults at affordable prices. Located across Southern Africa, our stores are known for their popular house brands which include RT, RED (surf wear), BODY MATERIAL (underwear) and MAXED (sportswear). Mr Price is about affordable fashion for everyone.

Click here to visit the Mr Price Website: www.mrprice.co.za

The Mr Price Sport range comprises sporting apparel, footwear, equipment and accessories. All major sport types, including seasonal and non-seasonal sports, are represented in both international and own brands. All the product has been rigorously tested and carries endorsement of top sports personalities in each sporting code. The high costs of sports goods are a thing of the past and Mr Price Sport is excited to bring performance product within reach of the South African sports fan.

At Miladys the belief is that fashion isn’t about age, it’s about attitude. This fashion retailer provides classic and updated classic clothing, footwear, intimate wear and accessories to women throughout South Africa, Swaziland, Botswana and Namibia. Brands include Rene Taylor which caters for the fuller figured woman, Ml for classic and contemporary formal and leisurewear apparel, and Sequel for intimate and sleepwear. Targeting women between the ages of 30 and 55, Miladys’ mission is to provide our customers with a shopping experience that exceeds expectations with product assortments that give pleasure and satisfaction in buying and wearing.

Click here to visit the Miladys Website: www.miladys.co.za

From kitchenware to lounge living, Mr Price Home is about affordable modern living. Launched in 1998 and located throughout Southern Africa, Mr Price Home offers customers the latest in contemporary home textiles, kitchenware and home accessories. The products are inspired by local design talent to provide style with a distinctive local flavour.

Click here to visit the Mr Price Home Website: www.mrpricehome.co.za

Good quality and good value underlie Sheet Street’s range of fashionable home textiles and accessories. What started out as a value retailer of home textiles based in the Western Cape, has grown to a chain of over a 150 stores throughout South Africa and Namibia. Offering all a home needs from curtains to kitchen towels, Sheet Street targets the middle-income customer who knows that decorating the home should not cost an arm and a leg.

Click here to visit the Sheet Street Website: www.sheetstreet.co.za


The Mr Price Group is currently contributing 1% of its profits to the Youth Foundation, which is a registered non-profit organization that received a Public Benefit status (PBO) due to its focus on national priorities.

The Foundation’s vision is of a South Africa where young people become citizens who take responsibility for their own lives and build a peaceful and positive society for all. Its mission is to break the cycle of poverty by inspiring young people from underprivileged communities to become self sufficient and contributing members of our society.

The Youth Foundation’s interventions in the community and schools are making a difference in the lives of young people. Its programmes address social issues through long term interventions in education and human development.

For more information and enquiries, contact the Youth Foundation on 031 310 8609 / 8798

 directorate^ top 

Alastair McArthur
Chief Executive Officer
Former Managing Director of
Mr Price Division
Joined the group 1 August 1991
Board Directorship since 26 July 1994

Steve Ellis
Joint Managing Director
CA (SA)
Joined the group 9 June 1992
Board Directorship since 24 May 2005

Shane van Niekerk
Joint Managing Director
Joined the group 5 September 1983
Board Directorship since 24 May 2005

Mark McNeil Blair
Chief Financial Officer
CA(SA)
Board Directorship since 1 March 2006

Chris Yuill
Company Secretary
CA(SA) MBA(UCT)
Joined the group 1 February 1978
Board Directorship since 3 December 1986

Stewart Cohen
Joint Chairman
BCom LLB(RU) MBA(UCT)
Former Joint Managing Director
Joined 1 October 1986

Laurie Chiappini
Joint Chairman
Former Joint Managing Director
Joined 1 October 1986

Bobby Johnston
Independent director
BCom CA(SA)
Member of audit, risk and compliance committee
Chairman of remuneration committee
Chairman of nominations committee
Board directorship since 26 July 1994
Past chairman of the JSE Securities Exchange South Africa
Other directorships include JSE Securities Exchange South Africa &
STRATE Limited

Professor Larry Ring (USA)
BSc (Industrial Management),
MSc (Management),
Phd (Industrial Management)
(Krannert School of Management, Purdue University),
Chancellor Professor of Business Administration,
Graduate School of Business Administration, The College of
William and Mary, Williamsburg, Virginia, USA
Board directorship since 1 February 1998

John Swain
Independent Director
CA(SA)
Chairman of audit, risk and compliance commitee
Member of remuneration committee
Member of nominations committee
Former partner of Ernst & Young
Board directorship since 27 July 1994

Keith Getz
B.Proc LLM.
Partner of Bernardt Vukic Potash & Getz
Other directorships include
Spur Corporation Limited
Board directorship since 24 May 2005

Nigel Payne
Independent director
CA(SA), MBL (UNISA)
Board directorship since 30 July 2007
Former partner of KPMG
Other directorships include The Bidvest Group Limited, JSE Limited,
Glenrand MIB Limited and STRATE Limited
Member of the King Committee on Corporate Governance

Rodger Jardine
Independent director
BSc (Haverford College) (USA), MSc (Wayne State University) (USA)
Board directorship since 30 July 2007
Other directorships include Kagiso Media Limited, FirstRand Bank Limited, and
Natal Sharks (Pty) Limited

Myles Ruck
Independent director
B.Bus Sc. (UCT), PMD (Harvard)
Board directorship since 30 July 2007
Former Deputy Chief Executive of Standard Bank Group
Former Chief Executive of Liberty Group Limited
Other directorships include Aveng Limited, Standard Bank Group Limited, and
The Standard Bank of South Africa Limited