Retail - shoprite

Shoprite Opens 14 New Stores In South Africa

African retail group Shoprite has announced the opening of fourteen new stores across six different provinces in South Africa. The new stores are positi...

Shoprite Fined for Reckless Lending As Regulator Toughens Up

Shoprite Holdings Ltd. has been found guilty of reckless lending after a South African regulator ruled that the continent’s largest supermarket chain...

Shoprite Shareholders Approve Ex-CEO's $135 Million Share Sale

Shoprite Holdings Ltd. shareholders voted in favor of the purchase of about 1.75 billion rand ($135 million) of shares from former Chief Executive Officer...

Shoprite Says Steinhoff Stake Build Won't Hurt Independence

Shoprite Holdings Ltd. won’t let the purchase of a 22.7% stake in the food retailer by Steinhoff International Holdings NV affect its independence an...

Shoprite Profit Rises As South African Stores Prove Resilient

Shoprite Holdings Ltd reported full-year earnings in line with analyst estimates, as Africa’s largest food retailer boosted market share in South Afr...

Steinhoff Plans Africa Spinoff After $3 Billion Expansion

Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following th...

Shoprite Expands In Angola, Eyes Eastern Europe

South African retail group Shoprite plans to invest $571.7 million (€537 million) in Angola to increase its store network in the country. Angola is...

Shoprite's Wiese Says He'll Learn From Failed Steinhoff Talks

Shoprite Holdings Ltd. Chairman Christo Wiese said Africa’s biggest grocer had learned from failed merger talks with Steinhoff International Holdings...

Subscribe Today

Shoprite Seeks Growth Outside Africa As Steinhoff Talks End

Steinhoff's Shoprite Talks End As Sides Fail To Agree Terms

No Regrets For Billionaire Wiese Even After Wrongway Brexit Bet

Shoprite Founder Basson To Step Down After 37 Years At Helm

Pick n Pay Rises as Retailer Says Consumer Pressure to Ease

Africa’s Biggest Food Retailer Doubles CEO’s Pay After Bonus

Portugal’s Sonae Buys Two Supermarkets In Mozambique

Page 2

Enjoy unlimited digital access for 30 days

Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today

Subscribe now

Enjoy unlimited digital access for 30 days

Claim this offer

Enjoy unlimited digital access for 30 days

Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today

Subscribe now

Enjoy unlimited digital access for 30 days

Claim this offer

Get the app today!