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Search Tag: Shoprite

Shoprite bid for Massmart food business goes before Competition Tribunal today
Pretoria, Gauteng, SA (04 September 2022) - The Competition Tribunal will today hear submissions relating to the proposed large merger wherein Shoprite Supermarkets (Pty) Ltd intends to acquire the following from Massmart Holdings Limited:* 56 retail supermarket stores and 43 retail liquor stores operated under the brand names Rhino Cash ...more
Shoprite final results June 2019
Cape Town, W Cape, SA (August 20, 2019) – Sale of merchandise increased by 3.6% R150.4 billion (2018: R145.1 billion), gross profit grew 1.8% to R35.3 billion (2018: R34.7 billion) whilst operating profit was 8.2% lower at R6.9 billion (2018: R7.5 billion). Profit attributable to owners of the parent was recorded at R4.3 billion ...more

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