Tag: Shoprite

Shoprite to acquire PicardiRebel
BusinessHot News

Shoprite to acquire PicardiRebel after Competition Commission approval

Shoprite PicardiRebel acquisition gets approval, adding 34 liquor stores as the retailer expands its South African footprint.

Timilehin Adejumobi Timilehin Adejumobi
Shoprite
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Shoprite grants top brass $7 million in share awards as Pieter Engelbrecht gets 119,175 shares

Shoprite awards executives R112.71 million ($6.9 million) in shares, with CEO Pieter Engelbrecht receiving 119,175 awards worth R35.46 million ($2.17 million).

Feyisayo Ajayi Feyisayo Ajayi
Shoprite buys Vida e Caffè as South Africa’s coffee market expands
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Shoprite buys Vida e Caffè as South Africa’s coffee market expands

Shoprite has acquired Vida e Caffè as South Africa’s coffee market grows, adding the 400-store chain to its expanding retail portfolio.

Oluwatosin Alao Oluwatosin Alao
South Africa’s grocery AI race heats up as Sixty60 adds conversational AI
TechnologyBusiness

South Africa’s grocery AI race heats up as Sixty60 adds conversational AI

South Africa’s grocery AI race heats up as Sixty60 adds Pixie Smart Chat, challenging Pick n Pay’s Penny and reshaping online shopping.

Oluwatosin Alao Oluwatosin Alao
Titan Fincap restructuring deal
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South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

Shoprite sales reached $17 billion as Africa’s largest retailer added 262 stores and expanded digital commerce through Sixty60 in 2026.

Feyisayo Ajayi Feyisayo Ajayi
Shoprite's founding CEO, Whitey Basson
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Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

How Whitey Basson transformed Shoprite from eight stores into Africa’s largest retailer through acquisitions, expansion, and a focus on affordability.

Feyisayo Ajayi Feyisayo Ajayi
Shoprite to acquire PicardiRebel
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South Africa’s top retailer Shoprite opens 268 stores in $239 million push

Shoprite opens 268 stores in South Africa after R3.9bn investment, beating targets and widening lead over rivals.

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

South African billionaire Christo Wiese to receive $11.3 million dividend from Shoprite

South African billionaire Christo Wiese to receive $11.3 million interim dividend from Shoprite for his 10.67% stake.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Shoprite enters community banking, while Nigerian franchise shuts down

Shoprite acquires R&A Cellular, expanding neighborhood financial services, while its Nigerian operation under Tayo Amusan’s Ketron shuts down.

Omokolade Ajayi Omokolade Ajayi
Shoprite
Hot NewsBusiness

Shoprite enters community banking through R&A Cellular acquisition

Shoprite acquires R&A Cellular to expand digital payments and financial services through local spaza shops.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Shoprite shuts all stores after 20 years despite local takeover

Shoprite Nigeria shuts all Nigerian outlets after two decades, ending local retail operations under Tayo Amusan’s ownership.

Omokolade Ajayi Omokolade Ajayi