Overview
Description
Shoprite Holdings Ltd., a prominent player in the retail sector, operates a vast network of supermarket chains across Africa. Serving millions of customers, the company offers a variety of products, from groceries and household items to health and beauty products, catering to the everyday needs of consumers. Established in 1979 and headquartered in South Africa, Shoprite Holdings has positioned itself as the continent's largest food retailer. Its business model focuses on providing affordable, accessible goods to a diverse customer base, optimizing supply chain efficiencies, and leveraging economies of scale.
This extensive reach not only contributes to the economic development within the regions it operates but also plays a critical role in shaping the retail landscape in Africa. Shoprite Holdings' influence extends to several key sectors such as consumer goods, logistics, and agriculture, making it a vital component of the African retail market. As a publicly traded entity, it holds significance for investors interested in the rapidly growing African markets and the expanding middle-class consumer base. Through its vast operations, Shoprite continues to enhance its market position by offering value-driven retail solutions across the continent.
About
CEO
Mr. Pieter C. Engelbrecht
Employees
0
Address
Cnr William Dabbs St & Old Paarl Rd
Brackenfell, 7560
Brackenfell, 7560
Phone
27 21 980 4000
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Department Stores
Country
United States
MIC code
PINX