Shoprite sales rise 10% despite riots and lockdowns
Strong performance shows consumers may be choosing food purchases over clothing and non-essentials
27 January 2022 - 11:44
UPDATED 27 January 2022 - 17:50
Africa’s biggest grocery retailer, Shoprite, reported double-digit growth in sales in the six months to end-January on Thursday, despite the fallout from the civil unrest that affected 231 of its stores, mostly in KwaZulu-Natal and Gauteng.
Total sales of merchandise rose 10% to R91.1bn year on year, Shoprite said in an operational update...
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