Allan Gray backs Shoprite, Mr Price, and Dis-Chem

• Allan Gray views Shoprite, Mr Price, and Dis-Chem as high-quality businesses trading at meaningful discounts to their history.
• These retailers have consistently grown sales, profit, and market share despite South Africa's lacklustre consumer environment.
• The investment decision reflects the asset manager's confidence in the companies' ability to navigate challenges in the local macroeconomic backdrop and capitalize on opportunities in the SA Inc sector.