shoprite

South Africa's Shoprite Expects Diesel Costs To Remain High

South African supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, bu...

Pick n Pay Sales Grow But Warns On Extra Costs From Power Cuts

Supermarket group Pick n Pay said its four-month sales grew by 6.4%, but its like-for-like sales growth in South Africa was softer, impacted by store revam...

Black Friday, Holiday Sales Spur Demand At South Africa's Shoprite

South Africa's biggest supermarket group Shoprite reported a 16.8% jump in half year sales, supported by a record Black Friday and festive season as both c...

South Africa's Shoprite Q1 Sales Jump As Shoppers Look For Discounts

South Africa's biggest grocery retailer Shoprite Holdings has reported first-quarter sales growth of 18.6% as financially constrained consumers flocked to...

Walmart Agrees To Buy Remaining Stake In South Africa's Massmart

US retail giant Walmart Inc has signed an agreement to begin buying the 47% stake in South African retailer Massmart it does not own, the compani...

Shoprite's Annual Profit Rises As Inflation-Hit South Africans Drive Demand

South Africa's biggest grocer Shoprite Holdings reported a 10.3% increase in annual profit as shoppers flocked to discount store chains for every...

South Africa's Checkers Unveils Smaller-Format Store Concept

South African grocer Checkers, which is part of the Shoprite Group, has unveiled a smaller-format 'neighbourhood store' concept, Checkers Foods.

Shoprite Sees Sales Up In Core South Africa Business, Despite Liquor Store Closures

Shoprite has reported full-year sales growth of 9.3% in its core South African business, despite the prolonged closure of its LiquorShop business due to CO...