CHRIS GILMOUR: Retail giant Shoprite lives by its wits
Despite its size, Africa’s largest food trader is agile and able to adapt to changing circumstances
21 February 2025 - 05:00
Shoprite is a large company by whichever metric is used to measure it. In terms of market capitalisation it is substantially larger than Nedbank and only slightly smaller than Absa, and is easily the largest JSE-listed retailer.
Most observers agree that Shoprite is the largest food retailer in Africa, though French international chain Carrefour is also heavily represented on the continent. The former employs 160,000 people and has an extensive branch network comprising 2,485 branches in SA and 269 outlets in nine countries in the rest of Africa...
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