Shoprite

 
SA businesses in Africa could feel 'heat' of xenophobic attacks
SA businesses in Africa could feel 'heat' of xenophobic attacks
South Africa’s cabinet warned on Friday that companies operating in the rest of Africa may be targeted, just as Johannesburg-based Sasol Ltd....
Mandela funeral closure cost Shoprite about R260m
Mandela funeral closure cost Shoprite about R260m
It cost Shoprite an estimated R260-million to close its stores on the day of former president Nelson Mandela's funeral, the New Age...
South African business to close for Mandela's funeral
South African business to close for Mandela's funeral
South African businesses, including shops owned by Wal-Mart Stores,  Massmart Holdings unit and a mine owned by Kumba Iron Ore, will be closed...
Spar moves into Africa starting with Angola
Spar moves into Africa starting with Angola
Spar Group, a food and liquor retailer, will open its first store in Angola on December 10, working with a local partner, finance director Mark...
Shoprite's growth slows on weaker consumer spending
Shoprite's growth slows on weaker consumer spending
Net income rose 19% to R3.62-billion in the 12 months through June, South Africa's largest retailer said on Tuesday in a statement. That was...
Walmart not making massive dent
Walmart not making massive dent
Shortly after Walmart's purchase of local retailer Massmart was announced, Shoprite chief executive Whitey ­Basson famously declared that if...
Mr Moneybags shrugs off the load
Mr Moneybags shrugs off the load
Customs officials must get tired of rifling through people's luggage in search of illegal substances, only to find dirty laundry. But the...
Shoprite's first-half profits up by nearly 20%
Shoprite's first-half profits up by nearly 20%
Africa's biggest food retailer Shoprite reported an 18.6% rise in first-half profits on Tuesday. This was helped by higher prices, a favourable...
Big five fight for food market share
Big five fight for food market share
The battle for the biggest slice of South Africa's R220-billion food retail market is hotting up, with the Shoprite Group and Massmart in front and...
Massmart ready to sacrifice margins for market share
Massmart ready to sacrifice margins for market share
Retailer Walmart's South African unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share.
Disappointing annual sales numbers for Shoprite
Disappointing annual sales numbers for Shoprite
South Africa's biggest food retailer Shoprite Holdings saw its shares slide after reporting a 7% rise in full-year sales that fell short of...
Zambia regulator clears Shoprite on supply deals
Zambia regulator clears Shoprite on supply deals
Zambia has cleared Africa's largest grocer Shoprite over allegations of threatening to blacklist suppliers who dealt with its rival Pick n Pay, the...

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