New stores and discounts boost Shoprite’s annual sales
SA’s largest grocer reports total growth of more than 15% in the 52 weeks ended July 2
25 July 2023 - 09:36
UPDATED 25 July 2023 - 18:57
The Shoprite group continues to steal market share from competitors and grow sales through expansion. A voluntary 52-week update to July 2 released by the retailer shows its results are streets ahead of rivals.
It grew sales in its core SA grocery business by 17.8% with like-for-like sales up 10.3%, contributing 80.8% to group sales...
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