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.
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.
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.
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.
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.
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".
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.
17 July 2012
South African retailer Shoprite Holdings has booked an increase in full-year like-for-like sales.
27 March 2012
South African retailer Shoprite Holdings has raised funds to expand its store network, improve its infrastructure and strengthen its balance sheet.
22 February 2012
South African retailer Shoprite has reported a jump in half-year earnings after increasing its sales and market share.
20 January 2012
South African retailer Shoprite has today (20 January) posted a first-half jump in profits and sales.
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.
23 August 2011
South African retailer Shoprite has confirmed it plans to open 74 supermarkets in the next financial year.
20 July 2011
South African retailer Shoprite has posted a 7% rise in annual sales but the increase fell short of analyst forecasts.
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.
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.
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.
9 March 2011
South Africa-based retailer Shoprite has entered an agreement to acquire Metcash's franchise division.
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.
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.
11 January 2011
South African retailer Shoprite saw sales recorded a 9.5% sales rise for the first half ended 31 December.
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".
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.
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.
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%.
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.
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.
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).
10 July 2009
Shoprite has posted a 24.5% rise in annual sales, boosted by food inflation and market share gains.
1 July 2009
Food retailing in South Africa remains competitive with the leading players "scrapping" for market share, the CEO of Spar's operations in the country insisted today (1 July).