shoprite

Shoprite's USave A Bright Spot In S.Africa's Slowing Economy

In a bright spot amid South Africa's economic woes, Shoprite Holdings managed a 7.3% rise in quarterly revenue as shoppers turned to its discount unit USav...

South Africa's Shoprite Sees Sales Up Despite Wider Africa Declines

Shoprite Holdings has posted a 3.6% increase in group sales in the 12 months to 30 June, to R150.4 billion (€8.82 billion), however the group's non-So...

South Africa's Shoprite Sees Profits Down 19% In Half-Year

South African-based retailer Shoprite has posted a 19.0% decrease in trading profit in the first half of its financial year, to R3.3 billon (€210 mill...

South Africa's Shoprite Names New Group Sustainability Manager

South African retailer Shoprite has announced the appointment of Sanjeev Raghubir as its new group sustainability manager. In his new role, Raghubir wil...

Shares In South Africa's Shoprite Dive After Profit Warning

South African retailer Shoprite looked set for its biggest fall in almost 20 years on Wednesday after it warned of a steep drop in half-year headline earni...

Shoprite Launches Shoprite Money Bulk Payment Service

South Africa-based retailer Shoprite has launched a new service, Shoprite Money, which enables users to make bulk payments such as staff salaries through t...

South Africa's Shoprite Posts Flat Like-For-Like Sales In Full Year 2017/18

South Africa-based retailer Shoprite Group has posted a 0.1% decline in like-for-like sales in its financial year ending 1 July 2018, however the group's S...

South Africa's Christo Wiese Cuts Shoprite Stake After Steinhoff Hit

South African tycoon Christo Wiese sold part of his stake in grocer Shoprite on Wednesday, raising 3.6 billion rand ($264 million) and shoring up his finan...