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Walmart not making massive dent

Walmart not making massive dent

07 Sep 2012 00:00 - Lynley Donnelly
The company has not proved to be the hungry giant the competition had feared and it will take more time to feel Walmart's muscle.
Mr Moneybags shrugs off the load

Mr Moneybags shrugs off the load

13 Jul 2012 12:36 - Heather Formby
Despite Christo Wiese's highly public run-in with the British authorities, it is business as usual, writes Heather Formby.

Shoprite's first-half profits up by nearly 20%

21 Feb 2012 12:02 - Staff Reporter
Africa's largest food retailer has reported a healthy rise in first-half profits, which they have partly attributed to higher prices and better wages.

Big five fight for food market share

04 Nov 2011 01:19 - Sharda Naidoo
The Shoprite Group continues to lead the pack but the other retailers are pulling out all the stops.

Massmart ready to sacrifice margins for market share

25 Aug 2011 11:36 - Tiisetso Motsoeneng
Walmart's SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.

Disappointing annual sales numbers for Shoprite

19 Jul 2011 10:35 - Tiisetso Motsoeneng
SA's biggest food retailer Shoprite Holdings saw its shares slide after reporting a 7% rise in full-year sales that fell short of analysts' estimates.

Zambia regulator clears Shoprite on supply deals

29 Mar 2011 13:30 - Staff Reporter
Zambia has cleared Africa's largest grocer Shoprite over allegations of threatening to blacklist suppliers who dealt with its rival Pick n Pay.

Supreme Poultry: We do 'rework' chickens

21 Dec 2010 14:52 - Staff Reporter
The company at the centre of the frozen chicken controversy says it does "rework" birds for human consumption.

Shoprite chairperson Wiese forfeits seized UK money

03 Dec 2010 11:27 - Staff Reporter
Moneyweb reported Shoprite chairperson Christo Wiese was on Thursday forced to give up £675 000 after it was seized in April.

Shoprite full-year profit up

24 Aug 2010 12:20 - Staff Reporter
Shoprite booked a 16% rise in full-year profit as its mainstay South African customers warm up to spending due to decades-low interest rates.

Shoprite lifts first-half profit, cautious on outlook

23 Feb 2010 10:17 - Staff Reporter
Shoprite, Africa's biggest grocer, posted a 13,3% rise in first-half profit as recession-hit consumers flocked to its discount stores.

Shoprite first-half turnover up

13 Jan 2010 09:21 - Staff Reporter
Listed retailer Shoprite on Wednesday posted an increase in first-half turnover due to a rise in sales at its South African operations.

Shoprite lashes out at banks over system failures

06 Nov 2009 17:01 - Staff Reporter
Shoprite on Friday took issue with banks over "intermittent system failures in the country's national electronic payment system [EPS]".

Shoprite puts Zim plans on hold

12 Oct 2009 15:23 - Staff Reporter
Retailer Shoprite said on Monday that it has put its Zimbabwean plans on hold.

Shoprite profits up, sees 'challenging' new year

25 Aug 2009 08:52 - Staff Reporter
Shoprite Holdings reported a rise in profits on Tuesday, but said it expected trading conditions in the new year to be challenging.

Road freight strike hits Shoprite suppliers

15 Apr 2009 15:19 - Staff Reporter
The current road freight sector strike is affecting several of the Shoprite Group's suppliers, the retailer said on Wednesday.

Foschini sales up 8,7%

16 Jan 2009 12:08 - Rebecca Harrison
South African clothing retailer Foschini posted an 8,7% rise in third-quarter revenue on Friday, thanks to new stores.

Shoprite added to JSE Top-40 Index, Barloworld dropped

11 Sep 2008 08:51 - Staff Reporter
South African retailer Shoprite will be added to the JSE Top-40 Index of blue-chips, replacing industrial group Barloworld.

Shoprite profit jumps, but sees growth slowing

02 Sep 2008 09:14 - Staff Reporter
South African retailer Shoprite reported a 54,1% rise in diluted full-year headline earnings per share on Tuesday.

Shoprite cuts margins on basic foods

07 Jul 2008 11:49 - Staff Reporter
Listed supermarket group Shoprite has cut margins on basic foodstuffs.

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