Tag: Shoprite

Shoprite Pieter Engelbrecht
BusinessCompaniesHot NewsLatest

Shoprite’s Pieter Engelbrecht, top executives unlock $7.5 million in share awards

Shoprite CEO Pieter Engelbrecht and nine senior executives receive performance-based share awards worth approximately $7.5 million.

Feyisayo Ajayi Feyisayo Ajayi
Pick n Pay
BusinessCompanies

Pick n Pay to shrink store space as South African retailer cuts costs

Pick n Pay plans to halve oversized stores, cut occupancy costs and invest $84 million in renovations as South Africa's retail market slows.

Oluwatosin Alao Oluwatosin Alao
Shoprite eyes Investec tie-up
BusinessBankingCompanies

Shoprite eyes Investec tie-up to expand financial services  

Shoprite is exploring an Investec partnership to expand financial services and capture more payments across its retail network.

Timilehin Adejumobi Timilehin Adejumobi
Tsholo Safari Lodge
TourismLuxury

Shoprite legacy meets luxury tourism at Adrian Basson’s new safari lodge

Hungry Lion CEO Adrian Basson opens Tsholo Safari Lodge, a luxury South African retreat offering Big Five safaris, fine dining and spa experiences.

Oluwatosin Alao Oluwatosin Alao
Shoprite eyes Investec tie-up
BusinessCompanies

Shoprite plans new Checkers toy stores in South Africa

Shoprite is considering standalone Checkers toy stores in South Africa’s $606.5 million toy market, challenging established retailers Toys “R” Us and Toy Kingdom.

Oluwatosin Alao Oluwatosin Alao
Shoprite expands Sixty60 beyond groceries
Hot News

Shoprite expands Sixty60 beyond groceries with digital vouchers

Shoprite expands Sixty60 beyond groceries, adding instant airtime, data and digital vouchers as it targets South Africa’s $30 billion value-added services market.

Oluwatosin Alao Oluwatosin Alao
Uniq by Checkers
BusinessHot News

Shoprite opens 50th Uniq by Checkers clothing store in Cape Town

Shoprite’s Uniq by Checkers has opened its 50th clothing store in South Africa as the retailer expands its fashion business beyond groceries.

Oluwatosin Alao Oluwatosin Alao
Xpress smart trolleys
BusinessTechnology

Checkers brings Xpress smart trolleys to new upmarket South Africa store

Checkers is rolling out Xpress smart trolleys at its new Midstream Estate store, bringing scan-and-go shopping technology to Gauteng shoppers.

Oluwatosin Alao Oluwatosin Alao
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
BusinessHot News

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
BusinessHot News

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