Shoprite (South Africa)
From Wikipedia, the free encyclopedia
This article is about the South African food distributor. For other companies with the same or similar name, see ShopRite.
| Shoprite Holdings | |
|---|---|
 |
|
| Type | Public (JSE: SHP) |
| Founded | 1979 |
| Headquarters |  Cape Town, South Africa |
| Key people | Whitey Basson, CEO |
| Industry | Retail |
| Revenue | ▲23,3 billion Rand (2008) |
| Website | http://www.shoprite.co.za/ |
Shoprite (JSE: SHP also listed on Namibia Stock Exchange and Lusaka Stock Exchange)[1]is a South African based chain of supermarkets. It operates over 1220 stores in 16 African countries and in India.[1]. The company makes up 70 per cent of South African retail trade.[2]
Contents |
[edit] History
The company was founded in 1979 when eight stores in the Cape Town were purchased for one million Rand.[1]The company later acquired Grand Bazaars, quadrupling it's outlets.[1] In 1991 the company acquired Checkers.[1] The company's first store outside of South Africa was opened in 1995 in Lusaka, Zambia.[1] That same year the company acquired distributor Sentra, allowing the company to expand into franchising.[1] In 1997 struggling OK Bazaars was acquired by the company from South African Breweries for one rand[3], adding 157 supermarkets and 146 Furniture stores to the company.[1] In 2002 the company acquired the Madagascar stores of French chain Champion.[1] The same year the company bought three Tanzanian supermarkets from Score Supermarket and opened it first Hypermarket outside of South Africa in Mauritius.[1] In 2004]] the company opened it's first store outside of Africa in Mumbai, India. [1][2]The same year 14 stores were added with the acquisition of Foodworld, the company also bought South African ticket seller Computicket and opened it's first Liquor store.[1] In 2005 the company opened it's first Nigerian store in the Victoria Island area of Lagos.[1] [4]
[edit] Brands
The company has 1220 store under various names. They consist of:[5][6]
| Name | Stores | Countries |
|---|---|---|
| Shoprite | 373 | Angola, Botswana, Lesotho, Madagascar, Malawi, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe |
| OK Furniture | 180 | Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland |
| Checkers | 119 | Botswana, Lesotho, Namibia, South Africa |
| Hungry Lion (Fast Food) | 113 | Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia |
| Usave | 106 | Angola, Ghana, Lesotho, Malawi, Namibia, South Africa, Swaziland |
| House & Home | 35 | South Africa |
| Checkers Hyper | 24 | South Africa |
| OK Power Express | 14 | South Africa |
| Shoprite Hyper | 2 | India, Mauritius |
| Shoprite Superstore | 1 | South Africa |
The company also owns franchising brands though it's OK Franchise Division under the names OK Foods, OK Grocer, Megasave, OK Minimark, OK Value and Sentra totaling 249 stores in South Africa, Namibia, Botswana, Swaziland and Lesotho.[5][7]
[edit] References
- ^ a b c d e f g h i j k l m History (HTML). Shoprite. Retrieved on 2008-04-25.
- ^ a b Peter, Anna. "African retailer Shoprite set to open first shop in Mumbai", The Hindu Business Line. Retrieved on 2008-04-25.
- ^ Klein, Marcia. "Shoprite plays role of knight in armour to struggling OK", Sunday Times (South Africa). Retrieved on 2008-04-25.
- ^ Adekunle, Tunmise. "Shoprite's chances in Lagos' Congested Superstore Business" (pdf), Thisday, 9 January 2006. Retrieved on 2008-04-27.
- ^ a b About Us (HTML). Shoprite. Retrieved on 2008-04-27.
- ^ Shoprite Hyper stores (HTML). Shoprite. Retrieved on 2008-05-07.
- ^ OK Franchise (HTML). Shoprite. Retrieved on 2008-04-27.
