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Tag: Shoprite

Shoprite directed by Competition Tribunal to let go of 10 Massmart’s stores in acquisition deal

December 13, 2022December 13, 2022

SOUTH AFRICA – South African giant retailer Shoprite has received the green light from the Competition Tribunal to acquire the…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions 

Shoprite adds glow-in-the-dark heavy-duty electric truck to its fleet

December 1, 2022December 1, 2022

SOUTH AFRICA – Grocery retailer, Shoprite Group has launched a new heavy-duty electric truck as part of its fleet, becoming…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Shoprite continues to narrow focus on outside markets, mull exit from DRC

November 23, 2022November 23, 2022

DRC – Shoprite, Africa’s largest supermarket retailer, has decided to shut its operations in Democratic Republic of Congo. The decision…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Checkers races to become greener as parent company reports sales growth in first quarter

November 15, 2022November 15, 2022

SOUTH AFRICA – Shoprite Group’s Checkers Supermarket, is rolling out new shopping trolley baskets made from 100% recycled plastic –…

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AFRICAN NEWS Financials & Economy Food service, Retail, E-commerce LATEST NEWS Sustainability 

Shoprite invests in local data startup Omnisient, Pick n Pay allows crypto payments at its stores

November 3, 2022November 3, 2022

SOUTH AFRICA – The Shoprite Group has joined a group of companies, led by Buffet Investments and KLT, to invest…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Shoprite competitors Pick n Pay, Spar not pleased with planned acquisition of Massmart’s assets

September 7, 2022September 7, 2022

SOUTH AFRICA – As Shoprite jubilates advancing its proposed acquisition of Massmart’s units to the Competition Tribunal approval stage, concerned…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Shoprite closes financial year 2022 on high registering growth in all segments

September 6, 2022September 6, 2022

SOUTH AFRICA – Giant retailer Shoprite, has booked a 9.6% growth in group sales to R184.1 billion (US$10.6 billion) in…

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AFRICAN NEWS Financials & Economy Food service, Retail, E-commerce LATEST NEWS 

Shoprite clinches US$205m loan from Standard Bank, RMB to drive sustainability agenda

August 23, 2022August 23, 2022

SOUTH AFRICA – Africa’s largest retailer Shoprite, has secured R3.5 billion (US$205m) in loans to be channelled towards expanding its…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS Sustainability 

Shoprite acquires new fuel-efficient trucks, Pick n Pay reveals name of new middle-market brand

August 16, 2022August 16, 2022

SOUTH AFRICA – Giant retailer Shoprite, has beefed up its logistic operations with acquisition of more than 100 of fuel-efficient…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Shoprite Group launches online pet store, Pick n Pay debuts premium private label collection

July 29, 2022July 29, 2022

SOUTH AFRICA – In just one year the Shoprite Group has grown its Petshop Science brand to include 22 physical…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

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  • Vall Company invests in Brazilian firm Master Agroindustria
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  • Baldwin Richardson Foods acquires Aseptic Solutions USA Ventures to expand into aseptic beverage market

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