Shoprite Sales Growth Reaches N$20.6 Billion – News Stand
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Shoprite sales growth reaches N$20.6 billion – News Stand
Shoprite Group results for the 52 weeks ended 29 June surpassed a N$250 million mark, the group announced on Tuesday. Chief executive officer Pieter Engelbrecht said the group achieved sales growth of N$20.6 billion for the period. Engelbrecht said the group returned N$16.5 billion at point of sale while successfully maintaining its selling price inflation at only 2.3% in its core Supermarkets RSA segment. The group has 30 million customers, an…
Shoprite, backed by Christo Wiese, posts $14.3b revenue
Shoprite Holdings, Africa’s largest retailer and partly owned by South African billionaire Christo Wiese, reported steady sales growth for the 52 weeks ending June 29, 2025. Strong demand in its South African supermarket chains, robust performance at Checkers, and rapid uptake of its Sixty60 delivery service underpinned the results.According to its 52 weeks report, merchandise sales from continuing operations rose 8.9 percent to R252.7 billion (…
Shoprite Group surpasses R250bn sales mark – Property Wheel
The Shoprite Group has published its results for the 52 weeks ended 29th June 2025, surpassing the R250 billion sales mark with sales growth of R20.6 billion for the period. CEO of Shoprite, Pieter Engelbrecht, says the Group returned R16.5 billion at point-of-sale while successfully maintaining its selling price inflation at only 2.3% in its core Supermarkets RSA segment. Shoprite and Usave recorded a sales increase of 5.9% translating to R6.5 …
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