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…

Shoprite reports 3.8% drop in annual earnings attributed to inflations

SOUTH AFRICA - Leading supermarket chain and Africa’s largest grocer Shoprite has reported a 3.8% decline in annual earnings for the year ended June 30 showing a dwindling performance in its South African home market and the continent. Reuters reported that the company's drop in diluted headline earnings per share to 968.7c was mainly attributed…

Shoprite opens its 25th grocery and food store in Nigeria

NIGERIA - The South African food and grocery retailer has opened its twenty-fifth store in the newly opened shopping mall, Novare Central, Wuse, Abuja saying the new outlet will offer more choices to customers in the region, reported the Vanguard. Shoprite said it continues to give customers lower prices on grocery items as it strives…

Shoprite reports 3.3% rise in sales despite Angolan hyperinflation

SOUTH AFRICA - Shoprite, one of the largest food retailers in Africa has posted 3.3% increase in sales to US$10.89m for the year ended June despite increasing inflation and a 50% currency devaluation which hit hard its business operations in Angola. Business Day has reported that results of hyperinflation were translated to lower revenues in…