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Shoprite annual profit grows

President Cyril Ramaphosa at the invitation of His Excellency President Xi Jinping of the People’s Republic of China at the Welcome Ceremony of the State Visit at the Great Hall of the People in Beijing.
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JOHANNESBURG – Shoprite continues to soar despite the constraints facing South African shoppers.
Group sales surged by 12-percent to R240-billion in the year that ended in June, largely driven by strong performances from Checkers, Shoprite and Usave in South Africa.
READ: Shoprite sees 12%increase in sales
Shoprite CEO Pieter Engelbrecht says its supermarkets meet consumers’ needs because every move it makes is guided by shoppers’ behaviour.
Engelbrecht discussed this with eNCA.

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