It’s Shoprite’s time to shine
Massive investment in technology, lower debt and higher market share — the grocery retailer is on a roll
31 March 2022 - 05:00
It’s not hard to see why Shoprite stock has bested its retail peers this year — or why a major wobble in 2019 seems a distant memory.
A big bet on technology and innovation means the grocer has entrenched itself as a market leader among local retailers, with a strong profit increase in its interim reporting period and market share growth for 36 consecutive months...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.