Shoprite Holdings evaluating operations in East Africa
EAST AFRICA – Shoprite Holdings Ltd, Africa’s largest consumer goods retailer, is evaluating its operations…
Shoprite
Retail giant Shoprite closes outlet in Kenya laying off 104 employees
KENYA – South African retailer, Shoprite has announced closure of its Waterfront, Karen outlet, citing…
Shoprite reports 2.6% decline in half year earnings despite growth in sales
SOUTH AFRICA – Supermarket chain Shoprite has reported a 7% increase in the sale of…
Shoprite Group gears towards using 100% reusable and recyclable packaging material by 2025
SOUTH AFRICA – In line with the Shoprite Group’s commitment to ensure that 100 percent…
Shoprite’s half year sales grow by 7% despite dismal performance outside SA
SOUTH AFRICA – Africa’s retail giant Shoprite has reported a 7% growth in the group’s…
Shoprite’s Computicket faces a possible US$9.75bn fine for alleged breach of competition laws
SOUTH AFRICA – Shoprite holdings and its subsidiary Computicket, involved in providing outsourced ticket distribution…
Shoprite’s long-serving Chairman Christo Wiese to retire next year
SOUTH AFRICA – South Africa’s largest retailer, Shoprite has announced that its long-time serving chairperson,…
Shoprite Holdings’ independent director resigns after company’s founder gets re-elected
SOUTH AFRICA – Shoprite Holdings Ltd.’s lead independent director, Shirley Zinn, resigned abruptly making Africa’s…
Shoprite mulls exiting foreign markets as quarterly revenue plunge 4.9%
SOUTH AFRICA – Shoprite Holdings, Africa’s largest food retailer has reported a 4.9% fall in…
Shoprite Zambia invests US$3m in second Fresh X store in Lusaka
ZAMBIA – South African retailer, Shoprite has opened a new look store ‘Shoprite East Park’…
South African retailer Shoprite opens new branch in coastal Kenya
KENYA – Shoprite Holdings, Africa’s largest supermarket retailer headquartered in South Africa, has opened its…
South African retailer Shoprite secured US$5.49m for expansion in Kenya
KENYA – Shoprite Holdings, Africa’s biggest retailer headquartered in South Africa, secured US$5.49 million (about…
Shoprite reports 18.2% decline in full year profits despite growth in sales
SOUTH AFRICA – Africa’s largest retail chain, Shoprite reported 18.2 percent decline in full year…
Pick n Pay to engage competition regulator over report on market dominance
SOUTH AFRICA – South African retail chain, Pick n Pay, has said that it will…
Shoprite set to open third retail branch in Kenya in expansion strategy
KENYA – South African retailer, Shoprite, has unveiled that it will be opening its third…
Shoprite invests US$1.3m in Botswana’s first distribution center
BOTSWANA – Shoprite Bostwana, Subsidiary of Shoprite Holding Limited, has opened its first distribution centre…
Shoprite to partner with NEPC in bid to boost Nigerian export
NIGERIA – The Nigerian Export Promotion Council (NEPC) has unveiled that it will be partnering…
Shoprite’s Edward Kieswetter resigns from board amid proposed share repurchase scheme
SOUTH AFRICA – Africa’s largest grocer Shoprite has announced the resignation of Edward Kieswetter from…
Shoprite shareholders clinch new deal in restructuring strategy
SOUTH AFRICA – Shoprite Holding’s shareholders have entered into a tripartite agreement with potential investors…
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…
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…
South Africa’s retailer Shoprite reports half-year sales growth to US$5.47bn
SOUTH AFRICA – South Africa’s leading retailer, Shoprite reported growth in sale of merchandise to…
South Africa’s Shoprite to appeal US$ 1.44m Competition Tribunal fine
SOUTH AFRICA – Shoprite, a leading food retailer in South Africa, has said that it…
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…