Shoprite Holdings Ltd (JSE: SHP) is Africa’s largest supermarket retailer, operating 3,152[3] stores across Africa (distribution of total operations as at 1 January 2023). The company's headquarters are in Brackenfell in the Western Cape province of South Africa. Shoprite Holdings Limited is a public company listed on the Johannesburg Stock Exchange, with secondary listings on both the Namibian and Zambian Stock Exchanges. The Shoprite Group employs more than 152,000 people and is the biggest private sector employer in South Africa.
The Shoprite Group of companies was established when PEP Stores purchased a small grocery company with eight stores from the Rogut family in 1979.[4] In 1990 Shoprite opened in Namibia. In 1991, it acquired the national Checkers chain. In 1995 the first store in Lusaka, Zambia, was opened. That same year they acquired a centralised distribution company Sentra, which had been acting as a central buyer for 550 owner-managed supermarkets, thereby allowing Shoprite to expand into franchising.[5]
In 1997 struggling "OK Bazaars" was acquired by the company from South African Breweries for one rand,[6] adding 139 OK Bazaars stores and 18 Hyperamas to the company.[7] In 2000 the group opened its first supermarkets in Zimbabwe and Uganda.[8][9] Two years later the company acquired the Madagascar stores of French chain Champion. The same year the company bought three Tanzanian supermarkets from Score Supermarket and opened it first Hypermarket outside of South Africa in Mauritius. In 2005 the Group acquired Foodworld as well as South African ticket seller Computicket, and opened the first Shoprite LiquorShop. The company also opened its first Nigerian store in the Victoria Island area of Lagos in December 2005.[10][11]
In 2008 the Shoprite Group was added to the JSE Top-40 Index of blue-chips. In 2019 Shoprite won the Proudly South African Brand Award and was voted the best in the Grocery Store category as part of the Tiso-Blackstar/Sunday Times Top Brand Survey.[12] Deloitte's Global Powers of Retailing 2019 (covering the 2017 financial year) ranked The Shoprite Group as the 86th largest retailer in the world.[13]
In 2011 it was announced that the Shoprite Group entered into an agreement with Metcash Trading Africa (Pty) Limited. Under the terms of that agreement, the franchise division of Metcash was to be sold to Shoprite Checkers, including franchise arrangements with franchisees operating retail stores under registered trademark names such as Friendly and Seven Eleven.[14][15]
On 19 April 2012, Shoprite became the first South African retailer to enter the Democratic Republic of Congo (DRC) as it opened the doors of a new supermarket in Gombe, Kinshasa.[16]
Shoprite Holdings announced at the company's Annual General Meeting held on 31 October 2016 that the company's Chief Executive Officer, Whitey Basson, decided to retire at the end of December 2016. The board appointed Pieter Engelbrecht (born c. 1970), the former Chief Operating Officer, as the incoming CEO as of 1 January 2017. He had been with the company for over 20 years and played a leading role in the company's growth under Basson's leadership.[17]
Brands
Shoprite Holdings Limited comprises the following entities:[18]
Name
Description
Shoprite
The Group’s original and flagship brand and the biggest food retailer in Africa.
Usave
Usave offers basic goods at stripped-to-the-bone prices, focusing on lower-income markets.
The Checkers brand is defined by convenience, quality and freshness, and markets to affluent consumers.
Checkers Foods
Checkers Foods, a smaller format focuses on convenience.
Shoprite LiquorShop and Checkers LiquorShop
Shoprite and Checkers LiquorShop stores provide alcoholic and non-alcoholic beverages.
Petshop Science
A specialist petshop.
Little Me
A standalone store for parent-customers.
House & Home
House & Home caters to consumers in need of homeware, furniture, electrical appliances and more.
OK Furniture and Power Express
The OK Furniture and OK Power Express brands offer quality furniture, electrical appliances and more to middle-income communities.
Checkers Sixty 60
Checkers Sixty60 is an on-demand service that delivers alcohol and groceries within an hour, and at the same low prices as in-store.
K’nect
K’nect aims to get customers K’nected with affordable cellular products and related services. In 2021, the Group launched its own mobile network, K’nect mobile, under this brand.
Medirite
Medirite provides healthcare products.
TransPharm
Transpharm Pharmaceutical Wholesalers distributes pharmaceuticals and surgical equipment across South Africa via Shoprite Holdings’ distribution centres.
OK Franchise division
The OK Franchise division franchises different retail formats (OK Foods, OK MiniMark, OK Express and Sentra), a liquor outlet, OK Liquor, and a wholesale outlet, Megasave.
Red Star Wholesale and Catering Services
Red Star Wholesale and Catering Services (formerly known as Checkers Food Services) delivers products to the catering and hospitality industries.
Computicket and Computicket Travel
Computicket and Computicket Travel is the largest ticketing service provider in South Africa, specialising in tickets for business, entertainment and travel.
Freshmark
Freshmark is responsible for the Group’s fruit and vegetable procurement and supplying fresh fruit and vegetables to its stores across South Africa and other parts of Africa.
References
^"SHP - Shoprite Holdings - Reviewed Results for the 26 weeks to 1 January 2022" (PDF). Shoprite Holdings. Retrieved 7 March 2023.
^"SHP - Shoprite Holdings - Reviewed Results for the 26 weeks to 1 January 2022" (PDF). Shoprite Holdings. Retrieved 7 March 2023.
^"SHP - Shoprite Holdings - Reviewed Results for the 26 weeks to 1 January 2022" (PDF). Shoprite Holdings. Retrieved 7 March 2023.
^"Shoprite Holdings | Our Story". www.shopriteholdings.co.za. Retrieved 4 March 2022.
^"Our Story". Shoprite Holdings. Retrieved 18 November 2019.
^Jones, Llewellyn (4 November 1997). "Africa: Shoprite Buys Ailing OK Bazaars For R1". Cape Argus. Cape Town. Retrieved 1 March 2018.
^"Shoprite snaps up OK for R1 - News". M&G. 4 November 1997. Retrieved 19 November 2019.
^Didas Kisembo, and Mark Keith Muhumuza (28 July 2015). "The Shoprite exit was evident but just delayed". Daily Monitor. Kampala. Retrieved 1 March 2018.
^Adengo, Jonathan (30 August 2017). "Shoprite replaces Nakumatt at Acacia Mall". Daily Monitor. Kampala. Retrieved 1 March 2018.
^Adekunle, Tunmise (9 January 2006). (PDF). Thisday. Archived from the original (PDF) on 26 October 2007. Retrieved 27 April 2008.
^Odunsi, Wale (22 January 2018). "Shoprite operator in Nigeria ordered to pay $10m for breach of contract". Daily Post. Lagos. Retrieved 1 March 2018.
^"These are the Winners of the 2019 Sunday Times Top Brands Awards". Tiso Blackstar Events. 20 September 2019. Retrieved 19 November 2019.
^"Global Powers of Retailing Top 250" (PDF). deloitte.com. Deloitte. 2019. Retrieved 19 November 2019.
^"Shoprite-Metcash merger approved". IOL Business Report (in Indonesian). 15 November 2019. Retrieved 19 November 2019.
^Just-Food.Com (9 March 2011). "South Africa: Shoprite Acquires Metcash's Franchise Division". Just-food.com. Retrieved 1 March 2018.
^Douglas, Kate (31 July 2012). "Shoprite takes on the DRC". Howwemadeitinafrica.com. Retrieved 1 March 2018.
^Cordeur, Matthew le (31 October 2016). "Whitey Basson to retire as Shoprite CEO". Fin24. Retrieved 19 November 2019.
^"Shoprite Holdings | Our Group". www.shopriteholdings.co.za. Retrieved 14 December 2021.
SHP - Shoprite Holdings - Reviewed results for the 52 weeks to 3 July 2022
shoprite, holdings, this, article, about, south, african, retailer, other, uses, shoprite, disambiguation, africa, largest, supermarket, retailer, operating, stores, across, africa, distribution, total, operations, january, 2023, company, headquarters, bracken. This article is about the South African retailer For other uses see ShopRite disambiguation Shoprite Holdings Ltd JSE SHP is Africa s largest supermarket retailer operating 3 152 3 stores across Africa distribution of total operations as at 1 January 2023 The company s headquarters are in Brackenfell in the Western Cape province of South Africa Shoprite Holdings Limited is a public company listed on the Johannesburg Stock Exchange with secondary listings on both the Namibian and Zambian Stock Exchanges The Shoprite Group employs more than 152 000 people and is the biggest private sector employer in South Africa Shoprite HoldingsTypePublicTraded asJSE SHPIndustryRetailFounded1979 44 years ago 1979 HeadquartersBrackenfell Western Cape South AfricaNumber of locations3 152 stores Distribution of total operations as at 1 January 2023 Key peopleP C Engelbrecht CEOWendy Lucas Bull ChairmanRevenueR108 7 billion FY 2023 interim results 1 Net incomeR3 1 billion FY 2023 interim results 2 Number of employeesover 152 000 As at end Dec 2022 SubsidiariesCheckersWebsitehttps www shopriteholdings co za A Shoprite store in Zeerust History Edit International presence of Shoprite supermarkets The Shoprite Group of companies was established when PEP Stores purchased a small grocery company with eight stores from the Rogut family in 1979 4 In 1990 Shoprite opened in Namibia In 1991 it acquired the national Checkers chain In 1995 the first store in Lusaka Zambia was opened That same year they acquired a centralised distribution company Sentra which had been acting as a central buyer for 550 owner managed supermarkets thereby allowing Shoprite to expand into franchising 5 In 1997 struggling OK Bazaars was acquired by the company from South African Breweries for one rand 6 adding 139 OK Bazaars stores and 18 Hyperamas to the company 7 In 2000 the group opened its first supermarkets in Zimbabwe and Uganda 8 9 Two years later the company acquired the Madagascar stores of French chain Champion The same year the company bought three Tanzanian supermarkets from Score Supermarket and opened it first Hypermarket outside of South Africa in Mauritius In 2005 the Group acquired Foodworld as well as South African ticket seller Computicket and opened the first Shoprite LiquorShop The company also opened its first Nigerian store in the Victoria Island area of Lagos in December 2005 10 11 In 2008 the Shoprite Group was added to the JSE Top 40 Index of blue chips In 2019 Shoprite won the Proudly South African Brand Award and was voted the best in the Grocery Store category as part of the Tiso Blackstar Sunday Times Top Brand Survey 12 Deloitte s Global Powers of Retailing 2019 covering the 2017 financial year ranked The Shoprite Group as the 86th largest retailer in the world 13 In 2011 it was announced that the Shoprite Group entered into an agreement with Metcash Trading Africa Pty Limited Under the terms of that agreement the franchise division of Metcash was to be sold to Shoprite Checkers including franchise arrangements with franchisees operating retail stores under registered trademark names such as Friendly and Seven Eleven 14 15 On 19 April 2012 Shoprite became the first South African retailer to enter the Democratic Republic of Congo DRC as it opened the doors of a new supermarket in Gombe Kinshasa 16 Shoprite Holdings announced at the company s Annual General Meeting held on 31 October 2016 that the company s Chief Executive Officer Whitey Basson decided to retire at the end of December 2016 The board appointed Pieter Engelbrecht born c 1970 the former Chief Operating Officer as the incoming CEO as of 1 January 2017 He had been with the company for over 20 years and played a leading role in the company s growth under Basson s leadership 17 Brands EditShoprite Holdings Limited comprises the following entities 18 Name DescriptionShoprite The Group s original and flagship brand and the biggest food retailer in Africa Usave Usave offers basic goods at stripped to the bone prices focusing on lower income markets Checkers and Checkers Hyper The Checkers brand is defined by convenience quality and freshness and markets to affluent consumers Checkers Foods Checkers Foods a smaller format focuses on convenience Shoprite LiquorShop and Checkers LiquorShop Shoprite and Checkers LiquorShop stores provide alcoholic and non alcoholic beverages Petshop Science A specialist petshop Little Me A standalone store for parent customers House amp Home House amp Home caters to consumers in need of homeware furniture electrical appliances and more OK Furniture and Power Express The OK Furniture and OK Power Express brands offer quality furniture electrical appliances and more to middle income communities Checkers Sixty 60 Checkers Sixty60 is an on demand service that delivers alcohol and groceries within an hour and at the same low prices as in store K nect K nect aims to get customers K nected with affordable cellular products and related services In 2021 the Group launched its own mobile network K nect mobile under this brand Medirite Medirite provides healthcare products TransPharm Transpharm Pharmaceutical Wholesalers distributes pharmaceuticals and surgical equipment across South Africa via Shoprite Holdings distribution centres OK Franchise division The OK Franchise division franchises different retail formats OK Foods OK MiniMark OK Express and Sentra a liquor outlet OK Liquor and a wholesale outlet Megasave Red Star Wholesale and Catering Services Red Star Wholesale and Catering Services formerly known as Checkers Food Services delivers products to the catering and hospitality industries Computicket and Computicket Travel Computicket and Computicket Travel is the largest ticketing service provider in South Africa specialising in tickets for business entertainment and travel Freshmark Freshmark is responsible for the Group s fruit and vegetable procurement and supplying fresh fruit and vegetables to its stores across South Africa and other parts of Africa References Edit SHP Shoprite Holdings Reviewed Results for the 26 weeks to 1 January 2022 PDF Shoprite Holdings Retrieved 7 March 2023 SHP Shoprite Holdings Reviewed Results for the 26 weeks to 1 January 2022 PDF Shoprite Holdings Retrieved 7 March 2023 SHP Shoprite Holdings Reviewed Results for the 26 weeks to 1 January 2022 PDF Shoprite Holdings Retrieved 7 March 2023 Shoprite Holdings Our Story www shopriteholdings co za Retrieved 4 March 2022 Our Story Shoprite Holdings Retrieved 18 November 2019 Jones Llewellyn 4 November 1997 Africa Shoprite Buys Ailing OK Bazaars For R1 Cape Argus Cape Town Retrieved 1 March 2018 Shoprite snaps up OK for R1 News M amp G 4 November 1997 Retrieved 19 November 2019 Didas Kisembo and Mark Keith Muhumuza 28 July 2015 The Shoprite exit was evident but just delayed Daily Monitor Kampala Retrieved 1 March 2018 Adengo Jonathan 30 August 2017 Shoprite replaces Nakumatt at Acacia Mall Daily Monitor Kampala Retrieved 1 March 2018 Adekunle Tunmise 9 January 2006 Shoprite s chances in Lagos Congested Superstore Business PDF Thisday Archived from the original PDF on 26 October 2007 Retrieved 27 April 2008 Odunsi Wale 22 January 2018 Shoprite operator in Nigeria ordered to pay 10m for breach of contract Daily Post Lagos Retrieved 1 March 2018 These are the Winners of the 2019 Sunday Times Top Brands Awards Tiso Blackstar Events 20 September 2019 Retrieved 19 November 2019 Global Powers of Retailing Top 250 PDF deloitte com Deloitte 2019 Retrieved 19 November 2019 Shoprite Metcash merger approved IOL Business Report in Indonesian 15 November 2019 Retrieved 19 November 2019 Just Food Com 9 March 2011 South Africa Shoprite Acquires Metcash s Franchise Division Just food com Retrieved 1 March 2018 Douglas Kate 31 July 2012 Shoprite takes on the DRC Howwemadeitinafrica com Retrieved 1 March 2018 Cordeur Matthew le 31 October 2016 Whitey Basson to retire as Shoprite CEO Fin24 Retrieved 19 November 2019 Shoprite Holdings Our Group www shopriteholdings co za Retrieved 14 December 2021 SHP Shoprite Holdings Reviewed results for the 52 weeks to 3 July 2022Business positionsPreceded byWhitey Basson CEO of Shoprite P C Engelbrecht2017 presentPortals Supermarkets Companies Retrieved from https en wikipedia org w index php title Shoprite Holdings Ltd amp oldid 1144542803, wikipedia, wiki, book, books, library,
