Shoprite Enjoying A Stellar Year

Boosted by the economic downturn, low-mid range South African mass grocery retailer (MGR) Shoprite has firmly established itself as the country's leading operator in 2009, ahead of its higher-end rival Pick 'n' Pay. Operating close to 700 supermarkets and more than 250 franchised outlets, Shoprite is ideally positioned to capitalise on BMI's forecast that through to 2013, industry-wide supermarket store sales will increase by 37.9% and reach ZAR204.4bn (US$26.3bn).

To read the full article, please choose one of the following options: