South Africa’s retailer Shoprite opens second store in Kenya in expansion drive

KENYA – South African based retail giant, Shoprite Holdings, has opened a second store in Kenya as it continues to expand its footprint in the country. The new Shoprite store is located at the Garden City Mall in the country’s capital features an in-store fresh food departments including a Meat Market, Hot & Cold Foods…

South Africa’s Shoprite eyes share buyback from chairperson Christo Wiese

SOUTH AFRICA – Shoprite Holdings, a leading South African retailer, has unveiled plans of repurchasing its shares form the group’s chairperson, Christo Wiese, as it seeks to enhance transparency among its shareholders. Shoprite said that it has entered into an exclusive in-principle discussions with its chairperson Christo Wiese to purchase his deferred shares, reports Business…

South Africa’s retailer Shoprite reports half-year sales growth to US$5.47bn

SOUTH AFRICA – South Africa’s leading retailer, Shoprite reported growth in sale of merchandise to US$5.47 billion, a 0.2% increase, during its half year period ending 30th December 2018 while trading profit fell 15% to US$201.93 million. The grocery chain reported that its Africa division, with exemption of SA, fell into a trading loss of…

South Africa’s Shoprite to appeal US$ 1.44m Competition Tribunal fine

SOUTH AFRICA – Shoprite, a leading food retailer in South Africa, has said that it will appeal against the US$ 1.44 million (R20m) fine handed to its ticket-selling subsidiary, Computicket, by the Competition Tribunal, reports Reuters. The Competition Tribunal, Competition Commission had earlier on said that it had referred a case against ticket distributors Computicket…

South Africa’s retailer Shoprite charged for contravening competition act

SOUTH AFRICA - Shoprite Checkers, South Africa’s supermarket chain store and holding company of ticket distributor- Computicket, has been charged for allegedly contravening the competition act, reports IOL Business. Competition Commission had earlier on said that it had referred a case against ticket distributors Computicket Ltd and Shoprite Checkers Ltd to the Competition Tribunal for…

Shoprite opens first of its own distribution centres in Nigeria

NIGERIA - The Shoprite Group, a leading food and grocery retailer has opened a new world-class distribution centre (DC) in Lagos, Nigeria to improve its retail operations in the country. The 4,700m² facility will be occupied by Freshmark, Shoprite’s fruit and vegetable procurement, buying and distribution arm while an additional 1180 m² will be used…

South Africa’s retailer Checkers partners Mr D Food for home liquor deliveries

SOUTH AFRICA – Checkers, a supermarket chain owned by Shoprite has entered an exclusive partnership with Mr D Food for delivery of alcohol to customers’ homes, reports IOL Business. By the end of the year, customers will be able to order their beer or wine at in-store prices from Mr D Food app which will…

Shoprite reports nominal turnover increase in difficult trading conditions

SOUTH AFRICA - Africa's largest food retailer, Shoprite Group has reported a nominal turnover increase of 0.4% for the three months ended September impacted by difficult trading conditions. According to the Business Day, the retailer was weighed down by currency devaluations, low food inflation and strikes, all heightening the stumbling block towards rolling out of…

Shoprite to reward customers for reusing newly launched plastic bags

SOUTH AFRICA – South Africa’s largest supermarket chain, Shoprite has announced that it will pay customers for reusing its newly introduced ‘planet’ plastic bags in an effort to control plastic pollution, reports Business Day. According to a Business Day report, Shoprite will reward customers who reuses its 100% recycled and recyclable plastic bag with 50c…

Shoprite’s Checkers launches Ready to Chef meal kits that makes cooking easier

SOUTH AFRICA - Checkers, a South African FMCG retailer owned by Shoprite has launched Ready to Chef meal kits aimed at making cooking at home much easier, a report by IOL reveals. The meal kits, first for South African retailers have been developed by chefs and each meal kit has fresh and locally-sourced ingredients, a…