DStv Channel 403 Wednesday, 06 November 2024

Shoprite annual profit grows

JOHANNESBURG - Shoprite continues to soar despite the constraints facing South African shoppers.

Group sales surged by 12-percent to R240-billion in the year that ended in June, largely driven by strong performances from Checkers, Shoprite and Usave in South Africa.

READ: Shoprite sees 12%increase in sales

Shoprite CEO Pieter Engelbrecht says its supermarkets meet consumers' needs because every move it makes is guided by shoppers' behaviour.

Engelbrecht discussed this with eNCA.

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