Financial News
Shoprite outperforms market in second half
Our core operations, Supermarkets RSA’s sales growth of 4.9%, with like-for-like sales growth of 1.9%, is a performance significantly impacted by our well documented first half challenges. With the strike in the DC behind us, our team worked tirelessly to restore performance in the second half. It is pleasing to report that we ended the year with our final quarter’s sales in Supermarkets RSA growing by 9.4%. Our in-stock levels are now higher than prior to our system implementation and without compromising on our low price leadership, we achieved a second half trading margin in Supermarkets RSA of 5.5%.
Continue Reading »
News Highlights
-
Aug 20, 2019
Shoprite outperforms market in second half -
May 5, 2019
Little Shop, Little Garden and now...Little Checkers -
Apr 8, 2019
Shoprite serves 100 million R5 deli meals -
Mar 29, 2019
Stock up on farm-fresh veggies at Checkers this Market Day -
Mar 7, 2019
‘Socially conscious’ manufacturer lands major contract -
Feb 26, 2019
Shoprite Group builds up strength in tough year
Gallery
Results 64 - 72 of 458
Download high-res image