Shoprite Holdings

 
Shoprite profits a ray of light to Wiese after $2bn Steinhoff loss
Shoprite profits a ray of light to Wiese after $2bn Steinhoff loss
Christo Wiese lost more than $2-billion (about R23.45-billion) when Steinhoff International Holdings plunged following the discovery of accounting...
Steinhoff implosion staggers SA
Steinhoff implosion staggers SA
The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest...
Ellerine jobs saved as regulator recommends Shoprite offer
Ellerine jobs saved as regulator recommends Shoprite offer
More than 300 jobs have been saved at failed South African furniture retailer Ellerine Holdings after the Competition...
Pick n Pay shares fall as it continues to lose customers
Pick n Pay shares fall as it continues to lose customers
Pick n Pay Stores' shares fell the most in two years after first-half sales growth failed to convince investors the South African grocer is doing...
Pick n Pay to boost fresh goods sales as 100 new stores open
Pick n Pay to boost fresh goods sales as 100 new stores open
Pick n Pay Stores, South Africa's second-biggest grocer, plans to increase fresh produce sales and gain market share as it opens about 100 new...
Massmart profit dragged down by Game stores
Massmart profit dragged down by Game stores
Massmart, the South African food and general goods retailer controlled by Wal-Mart stores, missed profit estimates as its Game chain of shops...
Shoprite looks for growth outside SA amid sluggish first-half profit
Shoprite looks for growth outside SA amid sluggish first-half profit
Shoprite Holdings, Africa's largest grocer, said it's looking for growth outside a sluggish South Africa after first-half profit increased...
Massmart shares up as it anticipates an earnings gain
Massmart shares up as it anticipates an earnings gain
Massmart Holdings shares climbed after the South African food and goods wholesaler owned by Wal-Mart Stores said earnings gained as much as 37%...
Supermarket push a boon for region
Supermarket push a boon for region
In 2011, when Walmart entered South Africa through Massmart, we panicked. What would ­happen to our home-grown supermarkets and goods, our...
Grocers trade at lowest in three years as profits stall
Grocers trade at lowest in three years as profits stall
The FTSE/JSE Africa Food & Drug Retailers Index has declined 18% this year through August 23 to trade at 22 times earnings. The...
Competition Tribunal to hear Shoprite merger
Competition Tribunal to hear Shoprite merger
The Competition Tribunal will on Monday weigh up a transaction in which Shoprite Checkers, a wholly owned subsidiary of Shoprite Holdings (SHP),...
Shoprite reports solid increase in earnings
Shoprite reports solid increase in earnings
South African supermarket group Shoprite Holdings on Wednesday reported a 33,3% increase in diluted headline earnings per share from continuing...

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