Retail, Shoprite Holdings PlcFebruary 26, 2019

Currency devaluation outside South Africa hurts Shoprite, Engelbrecht
South African retailing group Shoprite Holdings Plc announced a 19% fall in trading profit when its half year results for 2018 were published on SENS on 26th February 2019. The company suffered multiple factors disrupting the trading environment according to a press statement from CEO Pieter Engelbrecht issued to SENS. The CEO put the blame […]

Retail, Shoprite Holdings PlcMarch 26, 2017

Economies of Scale key to Shoprite’s Success
As Zambians, we all love Shoprite. From its wide assortment of groceries, this chain of stores offers a dynamic yet consistent family shopping experience for many of its customers. Originating from South Africa, the group has been embarking on an aggressive campaign of expanding its network of stores across Africa. Stability in the economies they […]