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The race for reach is on - Shoprite Group CEO

The race for reach is on - Shoprite Group CEO

21/08/2019 - 09:43
The race for reach is on, according to Shoprite Group CEO Pieter Engelbrecht. read more
Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Shoprite basks in sales glory

Shoprite basks in sales glory

02/08/2019 - 10:19
The Shoprite Holdings share price surged more than 10 percent after Africa's biggest retailer reported a strong half performance in sales for the 52 weeks to end June, mainly driven by its core market, the Supermarkets RSA.  read more
Shoprite’s shares leap 15% on Tuesday despite lower earnings

Shoprite’s shares leap 15% on Tuesday despite lower earnings

30/07/2019 - 09:56
Grocery retailer Shoprite, whose chains include Checkers and OK Furniture, says earnings declined by up to a fifth in the year to June because of trading losses in the rest of Africa and higher costs in SA.  read more
 Access to Shoprite market allows entrepreneur to thrive

Access to Shoprite market allows entrepreneur to thrive

11/03/2019 - 11:02
Sammy Mhaule got his first taste of entrepreneurship as a 14-year-old when he sold ice cream on the streets of Tembisa. Today he supplies sparkling juice to Checkers Hyper in Gauteng and Checkers in the Free State, but the journey from ice cream peddler to business owner hasn't always been smooth sailing. read more
Shoprite Group builds up strength in tough year

Shoprite Group builds up strength in tough year

08/03/2019 - 15:36
2018 was a transformational year for the Group, whose interim results were affected by a number of factors. While the first half performance is below expectations it is not a reflection of the fundamental strength of the business. read more
Shoprite's festive season sales fall flat

Shoprite's festive season sales fall flat

22/01/2019 - 14:32
Shoprite's share price fell as much as 5.7% to R175.32 after it warned shareholders its interim results would show flat sales. read more
Are Shoprite's glory days over?

Are Shoprite's glory days over?

24/08/2018 - 14:42
Supermarket giant Shoprite has announced its first earnings decline in 18 years — but it remains upbeat about its prospects. read more
Shoprite faced more robberies over the past year - CEO

Shoprite faced more robberies over the past year - CEO

23/08/2018 - 09:01
Shoprite Holdings was hit by an increase in armed robberies over the past financial year, according to CEO Pieter Engelbrecht. read more
Merger with Steinhoff not an option, says Shoprite CEO

Merger with Steinhoff not an option, says Shoprite CEO

01/03/2018 - 10:10
Shoprite CEO Pieter Engelbrecht says a merger would not make sense now. read more
Shoprite sets its sights on Eastern Europe

Shoprite sets its sights on Eastern Europe

28/08/2017 - 08:31
On the drive to Shoprite's new distribution centre at Cilmor in Brackenfell, Cape Town, two Shoprite trucks are seen heading for Langa and Nyanga townships, two of the many emerging-market communities that form part of the group's largest market. read more
Shoprite’s full-year results tell a story of growth in a tough environment

Shoprite’s full-year results tell a story of growth in a tough environment

22/08/2017 - 08:29
Shoprite, with a staff of 143,802 people, is SA’s largest private sector employer, the grocery chain claimed in its results for the 52 weeks to July 2 released on Tuesday morning. read more
Whitey Basson leaves behind ‘excellent’ team

Whitey Basson leaves behind ‘excellent’ team

24/02/2017 - 16:44
The Shoprite icon delivers the last results under his watch, with numbers blowing past expectations and operations thriving in the rest of Africa.  read more
Shoprite’s interims a fitting sendoff for Whitey Basson

Shoprite’s interims a fitting sendoff for Whitey Basson

21/02/2017 - 10:03
The retailer says the drought and its effect on agricultural production, along with the high replacement cost of basic food imports, pushed up internal inflation. read more