Shoprite Holdings
latest news & developments
Pepsi’s Pioneer acquisition is not healthy
The move may provide a short-term economic boost, but it also has long-term health costs
Shoprite delivers strong sales in SA market
South Africa’s largest grocer saw its local operations increase sales by 10.3% during the quarter
Shoprite profits a ray of light to Wiese after $2bn Steinhoff loss
Shoprite, which announced higher profit this week, advanced about 40% in the past year, softening Wiese’s financial blow from the Steinhoff collapse
Ellerine jobs saved as regulator recommends Shoprite offer
The Competition Commission has recommended an offer by the retail giant to acquire the stores and staff of the failed furnisher.
Pick n Pay shares fall as it continues to lose customers
The retailer’s results show the it is not moving in the right direction quickly enough.
Pick n Pay to boost fresh goods sales as 100 new stores open
Pick n Pay is seeking to claw back market share with a focus on improving its fresh produce offering.
Massmart profit dragged down by Game stores
The Wal-Mart-owned retailer Massmart has missed profit estimates as a result of disappointing performance from Game.
Shoprite looks for growth outside SA amid sluggish first-half profit
Shoprite says it does not expect any improvement on its first-half profit increased by 7.4%.
Massmart shares up as it anticipates an earnings gain
While other retailers battle with slow growth, Massmart has announced its earnings gained as much as 37% last year.
Supermarket push a boon for region
South African retailers can help to improve food security – but smallholder farmers need to play a key role.
Grocers trade at lowest in three years as profits stall
Food retailers are trading at the cheapest premium to the nation’s benchmark stocks index as economic factors curb their profit growth.
Competition Tribunal to hear Shoprite merger
The Competition Tribunal will weigh up a transaction in which Shoprite Checkers intends to acquire the shareholding in Metcash Seven Eleven.
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 operations to 194,3 cents for the…