- CEO
- Pieter C. Engelbrecht
- Full Time Employees
- 140,000
- Sector
- Consumer Cyclical
- Industry
- Department Stores
- Address
- Cnr William Dabbs St & Old Paarl Road Brackenfell South Africa 7560
- IPO Date
- Jan 20, 2010
- Business
- Shoprite Holdings Ltd (SRGHY) operates as Africa's largest supermarket retailer and one of the world's leading retail groups, primarily engaging in food retailing alongside furniture, pharmaceuticals, general merchandise, financial services, and hospitality across South Africa and seven other African countries including Namibia, Zambia, Botswana, Lesotho, Eswatini, Angola, and Nigeria. Founded in 1979 and headquartered in Brackenfell near Cape Town, South Africa, the company runs approximately 3,478 stores, including 615 franchises, under brands such as Shoprite and Usave for low-income consumers; Checkers, Checkers Hyper, and Checkers Foods for middle- to high-income segments; Shoprite LiquorShop and Checkers LiquorShop for beverages; Checkers Sixty60 and Pingo for on-demand grocery delivery; House & Home and OK Furniture for furniture, appliances, and homeware; Medirite and Transpharm for pharmaceuticals and healthcare; Computicket for ticketing and travel services; K'nect mobile for cellular products; Petshop Science and Little Me for specialty retail; UNIQ clothing by Checkers and Checkers Outdoor for apparel and outdoor gear; OK Franchise formats including OK Foods, OK MiniMark, and liquor outlets; Red Star Wholesale for catering supplies; and Freshmark for fresh produce distribution, with private labels like Simple Truth, Checkers house brand, and Oh My Goodness. The group employs around 169,000 people, manages a significant property portfolio, and serves 33.7 million Xtra Savings rewards customers, while providing credit financing, treasury services, stadium management, car rentals, and drop-shipment to franchisees. Recent developments include opening 68 new stores in 2024 with 53 in South Africa, achieving record sales surpassing ZAR 252 billion for the fiscal year ended 2025 with 8.9% growth, market share gains through omnichannel strategies, divestitures from unprofitable markets like Uganda, Madagascar, Kenya, and the DRC by 2022, and a reported sale of its furniture business to Pepkor Holdings Ltd in 2024 alongside ongoing exploration of acquisitions and expansions.