Shoprite Archives - Just Food
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Zambeef upbeat after H2 recovery

Zambeef upbeat after H2 recovery

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

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. In the six months…

S AFRICA: Shoprite sales slow on consumer pressure

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. In…

BRICs and beyond: Carrefour takes chance on Africa

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 the companies develop stores across…

S AFRICA: Shoprite maintains “robust growth” in H1

South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew…