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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).

S AFRICA: Shoprite sees share gain as sales rise

10 July 2009

Shoprite has posted a 24.5% rise in annual sales, boosted by food inflation and market share gains.

S AFRICA: Grocery sector is competitive - Spar CEO

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).

S AFRICA: Competition watchdog to probe supermarket sector

30 June 2009

The South African Competition Commission has opened an investigation into major supermarket chains Pick ‘n Pay, Shoprite/Checkers, Woolworths Holdings and Spar.

US: Lifeway Q1 profits up on low milk prices

19 May 2009

Kefir maker Lifeway Foods has posted an increase in first-quarter net income today (19 May) aided by “record low” conventional milk prices.

Top stories on just-food this week

8 May 2009

China has once again been on the retail sector's lips this week.

US: Exito, Shoprite to stock Safeway own-labels

7 May 2009

US retailer Safeway has signed deals to expand the reach of two of its private-label brands in Colombia and South Africa.

UK: Nestle FUNtastic cakes recalled

24 April 2009

Memory Lane Cakes has recalled some Nestlé FUNtastic Chocolate Cake, which it produces under licence from Nestlé, due to an undeclared allergen.

S AFRICA: Shoprite posts EPS jump for H1

19 February 2009

South Africa's Shoprite Group has posted a 43% increase in earnings per share during the first half of its fiscal year – at the top end of its previous forecast.

S AFRICA: Shoprite expects EPS jump for H1

10 February 2009

South Africa's Shoprite Group said today (10 February) it expects to report a 35-45% jump in earnings per share during the first half of its fiscal year.

US: More Kellogg, Kroger peanut lines recalled

2 February 2009

Kellogg and Kroger have recalled more products amid the peanut salmonella outbreak in the US.

The just-food interview – Nick Badminton, Pick n Pay

30 January 2009

With food retailers facing a mixed bag as the global economic downturn bites, it is becoming clear that some are faring better than others. Earlier this month, Pick n Pay, South Africa’s largest grocery retailer, was named international retailer of the year by the US-based National Retail Federation. In January’s just-food interview, Katy Humphries spoke with Pick n Pay’s chief executive Nick Badminton about the company’s recipe for success and the challenges that lay ahead.

US: Kellogg recalls more peanut butter products

26 January 2009

Kellogg has once again recalled products that could be linked to the peanut butter salmonella scare sweeping the US.

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Datamonitor's Shoprite Holdings Ltd. - SWOT Analysis company profile is the essential source for top-level company data and information. Shoprite Holdings Ltd. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Shoprite Holdings (Shoprite or “the company”) is an investment holding company that operates through its subsidiaries. The company offers fast moving consumer goods (FMCG) retail services by operating various hyper markets, stores, and outlets. It also offers value added services such as money market service, medi-rite and other services. The company primarily operates in South Africa, Namibia, Botswana, India, and other countries. It is headquartered in Western Cape, South Africa and employs about 84,000 people. The company recorded revenues of ZAR59,318.6 million (approximately $6,677.5 million) during the financial year ended June 2009 (FY2009), an increase of 24.5% over 2008. The operating profit of the company was ZAR2,912.7 million (approximately $327.9 million) in FY2009, an increase of 24.7% over 2008. The net profit was ZAR1,998.2 million (approximately $224.9 million) in FY2009, an increase of 27.3% over 2008.

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