SOUTH AFRICA – Supermarket chain Shoprite has reported a 7% increase in the sale of merchandise to R81.2 billion (US$5.42 billion) in the six months to December, but its diluted headline earnings per share declined […]
SOUTH AFRICA – In line with the Shoprite Group’s commitment to ensure that 100 percent of its plastic packaging is reusable and/or recyclable by 2025, the retailer is now using the 4000 tons of plastic […]
SOUTH AFRICA – Africa’s retail giant Shoprite has reported a 7% growth in the group’s total sales to approximately R81.2bn (US$5.62b) in its half-year financial performance ending December 2019. The growth was driven its South […]
SOUTH AFRICA – Shoprite holdings and its subsidiary Computicket, involved in providing outsourced ticket distribution services to inventory providers in the entertainment industry and sports events are facing joint charges by the Competition commission. The […]
SOUTH AFRICA – South Africa’s largest retailer, Shoprite has announced that its long-time serving chairperson, Christo Wiese will retire at next year’s AGM putting an end date on a tenure that has spanned almost three […]
SOUTH AFRICA – Shoprite Holdings Ltd.’s lead independent director, Shirley Zinn, resigned abruptly making Africa’s biggest supermarket chain now down to five non-executive directors. This comes two days after Christo Wiese’s almost 30-year stint as […]
SOUTH AFRICA – Shoprite Holdings, Africa’s largest food retailer has reported a 4.9% fall in third-quarter revenue from its non-South African business attributing it to xenophobic violence. The Cape Town-based company started a review of […]
ZAMBIA – South African retailer, Shoprite has opened a new look store ‘Shoprite East Park’ in Lusaka Zambia worth K40 million (US$3m). This makes it the second Fresh X store in Zambia after the opening […]
KENYA – Shoprite Holdings, Africa’s largest supermarket retailer headquartered in South Africa, has opened its third branch in Nyali, Coastal Kenya as it continues to consolidate its presence in the East African country. Located in […]
KENYA – Shoprite Holdings, Africa’s biggest retailer headquartered in South Africa, secured US$5.49 million (about Sh566 million in current terms) in funding to expand its footprint in Kenya. The facility, which the retailer acquired from […]
