BusinessTech looked at the most recent annual financial reports and compared the country's five biggest listed retailers on 10 key metrics – from financial performance to investment and reach.
The Shoprite Group says its delivery service Sixty60 continues to grow exponentially, having rolled out to more areas over the past financial year ended 3 July 2022.
Shoprite says that it is planning for rapid expansion in South Africa, adding hundreds of new stores, and building a massive new campus in Johannesburg.
Shoprite on Tuesday (6 September) published its annual financial results showing a 9.6% increase in group sales - equating to an additional R16 billion spent by customers over the period, compared to 2021 which included an additional week of trade.
Retail giant Shoprite has transformed its Money Market account into a fully transactional bank account - a first for a retailer in South Africa.
Shoprite is planning to offer a transaction account that will target lower income South Africans.
JSE listed REIT, Octodec Investments Limited, today announced that it has commenced upgrading its Shoprite building in the heart of the Tshwane CBD, at a cost of approximately R60 million.
The Shoprite Group says it will invest a further R3.5 billion in projects to reduce its environmental footprint, following the finalisation of sustainability-linked loans.
South African retail giant Shoprite is making big changes to its fleet of trucks to cut back on fuel consumption and become more energy efficient while transporting products across the country.
Professional services group Deloitte has published its annual Global Powers of Retail report for 2022, ranking the 250 biggest retail groups across the world – including five from South Africa.
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