Why Shoprite shares slumped - even as it grew market share for 40 straight months | Fin24

📆 07/09/2022 00:30:00
📰 News24

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 80%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Shoprite is pressing ahead with a rapid expansion of its store base as it looks to extend a 40-month streak of market share gains, also not letting up on promotional activity as a difficult economic environment erodes the spending power of its customers.

About 220 of the new stores will be supermarkets - about half under the Shoprite brand and half under the Checkers brand.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Écrire un Commentaire

And continue paying employees cents !

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Shoprite steams ahead, with double-digit earnings and dividend growthShoprite Holdings – Africa’s largest grocer – on Tuesday delivered another robust full-year performance, with double-digit growth in headline earnings and dividends for the year ended 3 July 2022. Moneyweb Results
La source: Moneyweb - 🏆 5. / 77 Lire la suite »

MARKET WRAP: JSE holds up as its European peers reel from energy supply jittersThe local share market is still recovering after a big sell-off last week during which foreign investors offloaded R14.9bn worth of shares on a net basis
La source: BDliveSA - 🏆 12. / 63 Lire la suite »