shoprite

South African Retailer Boxer's Shares Jump 16% On Market Debut

Shares in South African discount grocer Boxer rose 16% on their trading debut on the Johannesburg Stock Exchange on 28 November.

South African Supermarket Group Shoprite Lifts Annual Profit By 7.2%

South Africa's biggest supermarket group Shoprite's full-year headline earnings rose by 7.2% on double-digit sales growth, it said.

South Africa's Pick n Pay Says Its Boxer IPO Could Raise €408m

South African grocery retailer Pick n Pay has said that proceeds from listing its discount grocery chain Boxer could total 8 billion rand (€408 millio...

South Africa's Pick n Pay Prices Rights Issue At 32.48% Discount

South Africa's Pick n Pay will issue 252.2 million new shares at 15.86 rand per share in a rights offer to raise 4 billion rand ($221 million), it said.

Ahold Delhaize, Tesco, Woolworths, Sobeys And Shoprite Team Up On Collaborative Retail Venture

Five leading international retailers, including Ahold Delhaize, Tesco, Woolworths Group, Empire Company Ltd/Sobeys Inc. and Shoprite Group have teamed up t...

South Africa's SPAR Steps Up Battle For Affluent And Discount Shoppers

South Africa's SPAR Group plans to open premium and discount grocery stores while also entering new niche retail markets, its chief executive sai...

7 Retail And Food Trends To Watch In Africa In 2024

In Africa, the retail and food industries have been undergoing major changes in recent years. Here here are seven trends to watch.

South Africa's Pick n Pay Plans €190m Rights Issue, Listing Of Discounter Boxer

South Africa's Pick n Pay said it was planning a rights issue to raise up to 4 billion rand (€190 million) and listing its discount grocery chain Boxe...