Shoprite (South Africa)

This article is about the South African food retailer. For other companies with the same or similar name, see ShopRite (disambiguation).
Shoprite Holdings
Public (JSE: SHP)
Industry Retail
Founded 1979
Headquarters Brackenfell, Cape Town, South Africa
Key people

J.W. Basson, CEO
C.G. Goosen, Deputy MD
P.C. Engelbrecht, COO

C.H. Wiese, Chairman
Revenue IncreaseR162.7 Billion (FY 2015)[1]
IncreaseR6,3 Billion (FY 2015)[1]
Number of employees
 more than 136,000 [2]
Website www.shopriteholdings.co.za

The Shoprite Group of Companies (JSE: SHP), is Africa's largest food retailer, it operates 1825 corporate and 363 franchise outlets in 15 countries across Africa and the Indian Ocean Islands. The Company's headquarters are situated in the Western Cape province of South Africa. Shoprite Holdings Ltd is a public company listed on the JSE Limited, with secondary listings on both the Namibian and Zambian Stock Exchanges.[3]

History

The Shoprite Group of companies started in 1979. In 1990 Shoprite opened in Namibia. In 1991, it acquired the national Checkers chain. In 1995 the first store in Central Africa, Shoprite Lusaka in Zambia, was opened. That same year the company acquired distributor Sentra, allowing the company to expand into franchising.[3]

In 1997 struggling OK Bazaars was acquired by the company from South African Breweries for one rand,[4] adding 157 supermarkets and 146 Furniture stores to the company.[3] In 2000 the Group opened its first supermarkets in Zimbabwe and Uganda. 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.

2005 the Group acquired Foodworld as well as South African ticket seller Computicket, and opened the first Shoprite Liquor Shop. The company also opened its first Nigerian store in the Victoria Island area of Lagos.[3][5]

In 2008 the Shoprite Group was added to the JSE Top-40 Index of blue-chips.

Brands

Its primary business is food retailing to consumers of all income levels, with the goal to provide all communities in Africa with food & household items in a first-world shopping environment, at the Group's lowest possible prices. At the same time the Group, inextricably linked to Africa, contributes to the nurturing of stable economies and the social upliftment of its people

Shoprite Holdings Ltd comprises the following entities: the Shoprite Checkers supermarket group, which consists of 566 Shoprite supermarkets; 201 Checkers supermarkets; 36 Checkers Hypers; 348 Usave stores; 383 OK Furniture outlets; 34 OK Power Express stores; 18 OK Furniture Dreams stores; 53 House & Home stores; 186 Hungry Lion fast food outlets; 159 MediRite pharmacies and 318 LiquorShops. Its ticketing business, Computicket, operates 1347 counters in Group stores and 35 free-standing outlets. Through its OK Franchise Division, the Group procures and distributes stock to 63 OK MiniMark convenience stores; 28 OK Foods supermarkets; 78 OK Grocer stores; 26 Megasave wholesale stores; 32 OK Value stores; 25 Enjoy stores; 62 Sentra stores and buying partners, as well as 36 Friendly supermarkets; 3 Friendly Liquor stores; 3 OK Express and 7 OK Liquor stores.

The company has 1825 corporate outlets under various names. They consist of:[6]

International presence of Shoprite supermarkets.
Name Stores Countries
Shoprite 566 Angola, Botswana, Democratic Republic of Congo, Ghana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Uganda, Zambia
Checkers 201 Botswana, Namibia, South Africa
Checkers Hyper 39 South Africa
Usave 348 Angola, Botswana, Ghana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia
OK Furniture 383 Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia
OK Power Express 34 Lesotho, South Africa, Swaziland, Botswana
House & Home 53 Botswana, Namibia, South Africa
Hungry Lion (Fast Food) 186 Angola, Botswana, Democratic Republic of Congo, Lesotho, Namibia, South Africa, Swaziland, Zambia
Shoprite LiquorShop 185 Lesotho, Namibia, South Africa
Checkers LiquorShop 133 Namibia, South Africa
Shoprite MediRite 66 Angola, South Africa, Swaziland
Checkers MediRite 93 South Africa

The company also owns franchising brands though its OK Franchise Division under the names OK Foods, OK Grocer, OK Minimark, OK Value, Megasave, Sentra, Enjoy, Friendly Stores and Friendly Liquor, totaling 363 stores in Namibia and South Africa.[6]

References

  1. 1 2 Shoprite Holdings:Results for the year ended June 2015, August 2015, Retrieved: 12 January 2016.
  2. ↑ Shoprite Holdings:Overview, August 2015, Retrieved: March 2016.
  3. 1 2 3 4 "Shoprite Holdings website". Shoprite.
  4. ↑ Klein, Marcia. "Shoprite plays role of knight in armour to struggling OK". Sunday Times (South Africa). Retrieved 2008-04-25.
  5. ↑ Adekunle, Tunmise (9 January 2006). "Shoprite's chances in Lagos' Congested Superstore Business" (PDF). Thisday. Archived from the original (pdf) on October 26, 2007. Retrieved 2008-04-27.
  6. 1 2 "Shoprite Holdings Geographical Spread". Shoprite. Retrieved 2014-11-27.

External links

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