- Business
- Shoprite Holdings Ltd (SRHGF) is Africa's largest supermarket retailer and a leading investment holding company focused on food retailing, general merchandise, and ancillary services across South Africa and other African markets. The company operates through segments including Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other, offering core products and services such as groceries under flagship brands Shoprite, Usave, Checkers, and Checkers Hyper; liquor via Shoprite LiquorShop and Checkers LiquorShop; on-demand delivery through Checkers Sixty60 and Pingo; specialist retail including Petshop Science, Little Me, UNIQ clothing by Checkers, and Checkers Outdoor; furniture and appliances from House & Home and OK Furniture; pharmaceuticals via Medirite and Transpharm; cellular services under K'nect mobile; franchised formats like OK Foods, OK MiniMark, and OK Grocer; wholesale and catering through Red Star; ticketing with Computicket; and fresh produce distribution by Freshmark, alongside house brands like Simple Truth, Ritebrand, and Oh My Goodness. It serves low-, middle-, and high-income consumers, businesses, and franchisees with around 3,478 stores (including 615 franchises) in eight African countries, employing approximately 169,000 people and managing a significant property portfolio of owned and leased sites. Founded in 1979 and headquartered in Brackenfell near Cape Town, South Africa, the company maintains listings on the Johannesburg Stock Exchange, A2X Markets, Namibian Stock Exchange, and Lusaka Stock Exchange. Recent developments include the acquisition of the remaining 50% stake in last-mile logistics provider Pingo Delivery, enhancing delivery capabilities; net openings of 248 Supermarkets RSA stores over the past 12 months to reach 2,485 outlets, with expansions in new formats like 53 Petshop Science, 11 Checkers Outdoor, 11 UNIQ clothing, and one Little Me store; strong growth in Checkers Sixty60 online sales by 47.1% and Checkers Hyper by 13.5% for the six months ended December 2024; divestitures from Ghana and Malawi operations to consolidate focus on core markets; and a strategic venture capital partnership with global retailers Ahold Delhaize, Tesco, Woolworths Group, and Empire Company Limited/Sobeys Inc.