Shoprite: latest retail news, insights and analysis | ESM Magazine

South Africa's Pick n Pay Prices Rights Issue At 32.48% Discount

South Africa's Pick n Pay will issue 252.2 million new shares at 15.86 rand per share in a rights offer to raise 4 billion rand ($221 million), it said.

Ahold Delhaize, Tesco, Woolworths, Sobeys And Shoprite Team Up On Collaborative Retail Venture

Five leading international retailers, including Ahold Delhaize, Tesco, Woolworths Group, Empire Company Ltd/Sobeys Inc. and Shoprite Group have teamed up t...

South Africa's SPAR Steps Up Battle For Affluent And Discount Shoppers

South Africa's SPAR Group plans to open premium and discount grocery stores while also entering new niche retail markets, its chief executive sai...

7 Retail And Food Trends To Watch In Africa In 2024

In Africa, the retail and food industries have been undergoing major changes in recent years. Here here are seven trends to watch.

South Africa's Pick n Pay Plans €190m Rights Issue, Listing Of Discounter Boxer

South Africa's Pick n Pay said it was planning a rights issue to raise up to 4 billion rand (€190 million) and listing its discount grocery chain Boxe...

Tesco Opens New Store On The Isle of Man

UK retailer Tesco has announced that it has opened a new Tesco Express store on the Isle of Man.

Black Friday, Holiday Sales Spur Demand At South Africa's Shoprite

Shoprite, South Africa's biggest supermarket group, reported a nearly 14% jump in its half-year sales, supported by a record Black Friday and festive seaso...