Shoprite

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Edeka, Rewe strike deal on Kaiser's, South Africa's Shoprite in talks with Steinhoff, Ahold Delhaize sets out stall - retail round-up, December 2016

11 Jan 2017

December saw an end to the wrangle over German supermarket chain Kaiser's, South African grocer Shoprite in talks over a possible combination with local retail giant Steinhoff and the recently-merged Ahold Delhaize outline its "Better Together" strategy.

What are the next major markets for gluten-free? South Africa's fledgling but growing market

12 Oct 2016

The gluten-free market has taken root quickest in markets in North America and western Europe but manufacturers looking for more business opportunities could look to South Africa, a country where the category is in its early stages but one touted for expansion. John Shepherd reports.

Zambeef upbeat after H2 recovery

29 Sep 2014

Zambeef has said underlying annual losses will be lower than market expectations after factors that hit the the Zambia-based food group in its first half eased in the second part of its financial year.

S AFRICA: Shoprite H1 earnings climb

21 Aug 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.

SOUTH AFRICA: Shoprite plans investment in infrastructure, expansion

27 Mar 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 Feb 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 Jan 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 Nov 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 Aug 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 Jul 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 Jun 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.

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

22 Mar 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 Mar 2011

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

SOUTH AFRICA: Shoprite records H1 profit growth

22 Feb 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: Shoprite H1 sales up

11 Jan 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 Oct 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 Mar 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 Mar 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 Feb 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 Jan 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 Oct 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 Aug 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 Jul 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 Jul 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 Jun 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 Apr 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 Feb 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.

1



Forgot your password?