shopritelatest news & developments
Spar storefront. spar.co.za

Do shareholders still back Spar?

Spar says it has a turnaround plan in place. But after years of strategic missteps, retailers and analysts aren’t yet convinced

Johan Enslin. Supplied

Lewis – can you believe it’s the JSE’s best-performing retailer? 

Stiff credit charges helped bump up Lewis’s revenue and profits, but as a retail investment it is hard to beat

Pick n Pay CEO Sean Summers. Supplied

Roll on 2029 as Pick n Pay delays breakeven, again 

An unforgiving marketplace and no-holds-barred competition mean Sean Summers’ initial recovery timeframe now looks wildly optimistic

Pick n Pay staff and management. Rawpixel/Currency collage

Can Pick n Pay avoid a union war?   

The retailer has had to dig itself out of a deep financial hole, but unions are unwilling to play nice after years of management missteps

Shoprite fintech. Rawpixel/Currency collage

Inside Shoprite and Pepkor’s fintech pivot  

Shoprite is cagey on the exact contribution its fintech businesses provide now, but the prospects for growth are big

Walmart. Supplied: Mike Mozart

Walmart has been in South Africa for years. Now it just wants you to notice

Walmart is set to open its first branded store in South Africa. It’s not a fresh arrival so much as a bold expansion

Shoprite CEO Pieter Engelbrecht. Supplied

31 minutes, R18.9bn: Sixty60 is making Shoprite’s numbers sing

Its teal-coloured scooters are emblematic of Shoprite’s great run, and the latest set of financial results delivered, again

Gold fingers Africa. Rawpixel/Currency collage.

Goldfinger’s rule of three and South Africa’s shrinking footprint in Africa

Are Shoprite and Nedbank’s retreats in Africa indicative of a broader trend?

Checkers Sixty60 bike.

Shoprite is so Xtra right now

Sixty60’s ubiquitous scooters are a visual reminder of Shoprite’s five years of market share gains. The six months to end-December were no different

Checkers Sixty60. Image by Currency News

The death dash

It’s hard to imagine now, but there was a time when shareholders and consumers didn’t care a jot about fatalities in the mining sector. Today an accident, particularly one…