The Shoprite Group, South Africa’s biggest retailer, has invested heavily over the past six years in core systems to protect it from blackouts, food spoilage, crime and other consequences of the power crisis. And while they have managed to contain their costs as best as they can, with the high levels of blackouts since September 2022, diesel has now become the “overpowering cost” – amounting to an additional R465-million over the past six months.
Checkers opened 23 new supermarkets over the past 12 months, six of which were in its new neighbourhood Checkers Foods format. In addition, 30 Petshop Science stand-alone premium pet stores and five Little Me stand-alone baby stores were opened in that period. Checkers, inclusive of Checkers Hyper, ended the period with 293 stores.
Non-South African supermarkets increased sales in rand terms by 17.5% and contributed 9.4% to group sales.that since the inception of Sixty60, they have created almost 8,000 new jobs.When blackouts started ramping up in September, costing about R100-million a month, in January 2023, their generators’ additional diesel needs were north of R150-million for the month.
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