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Shoprite space expansion drives growth S AFRICA: International markets boost Shoprite H1

25 February 2014

Shoprite Holdings has booked an increase in half-year sales and profits despite what South Africa-based grocer described as "difficult" domestic trading conditions

SOUTH AFRICA: Shoprite reports H1 sales growth

21 January 2014

South African supermarket operator Shoprite Holdings has booked an increase in first-half sales, boosted by growth from its businesses in the rest of Africa.

S AFRICA: Shoprite H1 earnings climb

21 August 2013

South African supermarket operator Shoprite Holdings saw its earnings climb in the first half of the year, despite what it described as a "difficult" trading environment.

S AFRICA: Shoprite sales slow on consumer pressure

17 July 2013

South African supermarket operator Shoprite Holdings has booked an increase in full-year sales but said revenues slowed in the second half amid weaker consumer spending in its domestic market.

BRICs and beyond: Carrefour takes chance on Africa

11 June 2013

French retail giant Carrefour has announced plans to expand further into Africa through a joint venture with consumer goods distributor CFAO. The deal will see it develop stores across eight countries and represents a new signal of intent from the world's second largest retailer as it looks to place an early marker down in what is becoming a fast growing emerging market. Michelle Russell takes a closer look.

S AFRICA: Shoprite maintains "robust growth" in H1

20 February 2013

South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits.

S AFRICA: Domestic sales boost Shoprite H1 revenues

15 January 2013

South African supermarket operator Shoprite Holdings has booked an increase in first-half sales, boosted by higher domestic sales and a weaker rand.

SOUTH AFRICA: Shoprite bucks downturn with sales growth

5 November 2012

South African supermarket operator Shoprite Holdings said it was able to report "strong growth" in its first quarter, despite ongoing "depressed market conditions".

S AFRICA: Retailer Shoprite increases FY sales, profits

22 August 2012

South African retailer Shoprite Holdings has recorded an increase in full-year sales and profits, despite trading in what it says is a "highly competitive" trading environment.

S AFRICA: Shoprite FY sales climb

17 July 2012

South African retailer Shoprite Holdings has booked an increase in full-year like-for-like sales.

SOUTH AFRICA: Shoprite plans investment in infrastructure, expansion

27 March 2012

South African retailer Shoprite Holdings has raised funds to expand its store network, improve its infrastructure and strengthen its balance sheet.

S AFRICA: Shoprite H1 earnings up after market share gains

22 February 2012

South African retailer Shoprite has reported a jump in half-year earnings after increasing its sales and market share.

SOUTH AFRICA: Shoprite grows H1 sales and profits

20 January 2012

South African retailer Shoprite has today (20 January) posted a first-half jump in profits and sales.

S AFRICA: Shoprite claims share gains as Q1 sales rise

1 November 2011

South African retailer Shoprite said it had gained market share in its domestic market after seeing its sales increase by almost 11% in the first quarter of its financial year.

S AFRICA: Shoprite set to expand store network

23 August 2011

South African retailer Shoprite has confirmed it plans to open 74 supermarkets in the next financial year.

S AFRICA: Shoprite sales rise but miss analyst forecasts

20 July 2011

South African retailer Shoprite has posted a 7% rise in annual sales but the increase fell short of analyst forecasts.

Best bits: Business victims as E. coli mistakes rock consumers

6 June 2011

So, now it appears that bean sprouts are the cause behind the E. coli outbreak that has rocked Europe's produce sector and killed - at the latest count - 22 people.

Talking shop: Wal-Mart's African debut

1 June 2011

South African competition regulators yesterday (31 May) approved Wal-Mart's acquisition of a majority stake in local retailer Massmart. Katy Humphries takes a look at Wal-Mart's African ambitions and discusses the impact that the deal is likely to have on the South African retail scene.

SOUTH AFRICA: Metcash "to close 51 stores" - union

22 March 2011

South African retailer Metcash Trading is gearing up to close 51 of its 138 cash and carry and Trade Centre outlets in a bid to improve its financial performance, the SA Commercial, Catering and Allied Workers' Union has suggested.

S AFRICA: Shoprite acquires Metcash's franchise division

9 March 2011

South Africa-based retailer Shoprite has entered an agreement to acquire Metcash's franchise division.

SOUTH AFRICA: Shoprite records H1 profit growth

22 February 2011

South African grocery retailer Shoprite has recorded an increase in profit during the first half of its fiscal year despite low food inflation and increasing operating costs.

SOUTH AFRICA: Supermarkets, wholesalers cleared of price fixing

28 January 2011

South Africa's six major supermarkets and wholesale retailers have been found not guilty of price fixing or abusing their buying power.

SOUTH AFRICA: Shoprite H1 sales up

11 January 2011

South African retailer Shoprite saw sales recorded a 9.5% sales rise for the first half ended 31 December.

SOUTH AFRICA: Shoprite Q1 sales rise almost 10%

25 October 2010

South Africa-based Shoprite Group said that for the first quarter, turnover grew 9.7%, despite what it described as continued "extremely depressed market conditions".

INDIA: Spar outlines expansion plans

8 March 2010

Spar International, the global symbol retailer, has confirmed the plans of its local venture in India to open 25 stores in the country by 2012.

S AFRICA: Shoprite hints at Indian exit

3 March 2010

South African retailer Shoprite Holdings today (3 March) hinted the company was likely to quit India over frustrations at the rules governing foreign ownership of local businesses.

S AFRICA: Shoprite claims share gains after H1

23 February 2010

Shoprite Holdings, the South African retailer, claimed today (23 February) that it had increased its share of its domestic grocery market after seeing half-year sales jump more than 14%.

S AFRICA: Shoprite H1 “satisfactory”

13 January 2010

South African grocer Shoprite said the company performed “satisfactorily” in the first half of its fiscal year after it booked a 12% increase in turnover.

SOUTH AFRICA: Shoprite sees market share gains

26 October 2009

South African grocer Shoprite has posted a jump in turnover as the group was able to increase its share of the market in the three months to end September.

S AFRICA: Shoprite "helps" shoppers - and boosts profits

25 August 2009

South African retailer Shoprite has grown its annual profits despite “subsidising” food prices for “hard-pressed” consumers, the company said today (25 August).

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