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SHOPRITE HOLDINGS

Last update 4 months ago

Industry Retail | Consumer Goods (43)
Cape Town, South Africa
Workforce more than 10,000 employees Listed on JSE-South Africa (SHP)

+27 21 980 4000 | +27 21 980 4269

Email - Website


We deliver low prices in a world-class shopping environment to our customers across the African continent.  

Our Group of wholly owned subsidiaries constitute the largest fast moving consumer goods retail operation in Africa.  Our more than 143 000 staff work to serve customers across all income levels through 14 different brands. Our products and services range from basic to upper end food and furniture to pharmaceuticals and financial services, satisfying our customers’ needs in an all-encompassing shopping experience.

History

From the moment the Shoprite Group opened its very first stores in 1979, it had a bold vision for the future. One that would see the Group grow from strength to strength with new acquisitions and innovative expansion strategies building it into the leading food retailer it is today.

With 2653 outlets in 15 countries across Africa and on Indian Oceans islands, employing over 143 000 people, the Group continues to seize new opportunities for growth and even greater success in years to come.

1979

The story of the Shoprite Group starts in November 1979 with Pep Stores’ purchase of a small 8-store Western Cape grocer with less than 400 staff members and a value of R1 million, named Shoprite, from the Rogut family. 

1980

Our Group’s vision is set – focusing on the middle-to-lower income market and supplement internal growth with acquisition of promising supermarkets or groups of supermarkets.

1983

The Shoprite Group expands to the Northern Cape and opens its first branch outside the Western Cape, in Hartswater.

Shoprite celebrated the opening of its 21st outlet within four years of its existence.

1986

The Group expands to the Free State by opening a store in Bloemfontein. 

Shoprite is listed on the JSE Limited in South Africa with a market capitalisation of R29 million.

The Group then operated 33 outlets.

1988

Shoprite ventured over the Vaal River and opens two stores in the former Transvaal province, the first of which was situated in Polokwane (Pietersburg).

1990

Shoprite opened in Windhoek, Namibia; the start of its expansion across the African continent.

Grand Bazaars was acquired in the same year and the Group then operated 71 stores with just over 6000 staff members.

1991

The Group grows with the acquisition of the national Checkers chain of supermarkets which operated 169 stores with 16 500 staff members for R55 million.  Overnight Shoprite increased its footprint almost fourfold to 241 outlets and a staff compliment of almost 22 600.

1995

While consolidating that new business, which for the first time gave Shoprite country-wide representation, expansion plans for the rest of the continent was put into action and the Group was able to open its first Shoprite store in Central Africa, in Lusaka, Zambia during October 1995.

During that same year, Shoprite acquired a central buying organisation then known as Sentra, which acted as a buying group for 550 owner-manager supermarket members and so entered into the franchising field, enabling it to compete in smaller, convenience-orientated markets.

1996

The Group launches the Woman of the Year Award to mark National Women’s Day. This prestigious award became South Africa’s premier accolade for achievement by women.

1997

Shoprite acquired the ailing OK Bazaars Group from SAB in the legendary "R1 deal". This strategic expansion move added 157 super- and hyper-sized supermarkets and 146 furniture stores to the Group, whilst saving 14 091 jobs.  This marked the Group’s first store in Swaziland.

1998

The Group’s cross-border expansion now also saw it opening its first supermarket in Botswana in 1998.

2000

The Group opened its first supermarkets in in Uganda, when Shoprite Clock Tower in Kampala opened in November 2000 and in Zimbabwe with the opening of a store in Bulawayo Centre (it divested from the country in September 2013).

2001

The first of seven supermarkets opens in Egypt, taking Shoprite into the North African market (during 2006 the Group divested from Egypt due to ongoing restrictions on retailing). In August 2001 the Group also starts operating in Malawi when it opened a Shoprite store in Lilongwe.

The decision is made to market the Shoprite and Checkers brands separately, with Checkers repositioned to compete within middle-to-higher income market.

2002

October of this year saw the acquisition of five supermarkets and a distribution centre from the French-owned Champion supermarket group in Madagascar.

The first Shoprite Hyper beyond South African borders opened in Mauritius in November 2002, as Shoprite Hyper Trianon – at that time achieving the highest turnover ever recorded for a single opening day of trade.

Shoprite acquires Score Supermarkets' Tanzanian operation comprising three supermarkets and a small distribution centre (selling it to a competitor again in March 2014 in order to focus on investment opportunities elsewhere).

Shoprite Holdings launched a secondary listing on the Namibian Stock Exchange.

2003

Shoprite Holdings opens a secondary listing on the Lusaka Stock Exchange (LuSE) with 2,7 million shares at 4,200 Kwacha per share whilst the Group’s main listing remains on the JSE Limited.

The Group opens its first Angolan store in Luanda and with the rollout of its highly successful new Usave format entered Ghana in September 2003, as it opened in Newton, in the capital city of Accra.

2004

The Group starts trading as a wholesale operation in India and franchises its first Shoprite Hyper in this country, in a modern shopping centre in Mumbai.  However, it divested from the country six years later to focus on investment opportunities in commodity rich countries of Western Africa.

2005

The Group acquired both Foodworld with 13 stores, and Computicket, as well as opening the first Shoprite LiquorShop.

In December 2005 Shoprite entered Nigeria, the world’s fifth largest oil producer, when it opened a supermarket in a new shopping centre in Lagos.

2008

The Group is added to the JSE Top-40 Index of blue-chips

2009

The Group becomes South Africa's largest grocery chain by market value and is added to the Merrill Lynch & Co. list of most preferred stocks.

The Group acquires Transpharm, a pharmaceutical wholesale company.

2011

In March, the Group acquires the franchise division of Metcash Trading Africa (Pty) Ltd  which included trade names such as Friendly, Seven Eleven and Price Club Discount Supermarket.  These members were integrated into the Group’s OK Franchise Division.

Shoprite Holdings increases its global ranking from 130 in the previous year to 95th − Deloitte Global Powers of Retailing Survey

2012

The Group started the year on a high note by moving up another three places on the Global Powers of Retailing list to a global ranking of 92nd, while solidly maintaining its 1st place ranking in Africa and the Middel East.

In April, Shoprite became the first South African retailer to enter the Democratic Republic of Congo (DRC) as it opened the doors of a new world-class supermarket in Gombe, Kinshasa to an eagerly awaiting public.

2013

Financial Mail’s Top Companies ranks Shoprite Holdings as 11th in the 2013 SA Giants list.

The Deloitte’s Global Powers of Retailing survey names Shoprite Holdings the largest retailer in Africa and the 93rd biggest in the world.

The Group created a record 9 201 job opportunities during the year.

Checkers introduces the first plastic shopping bag in South Africa that is produced from 100% recycled material.

2015

Shoprite Holdings was named the number one retailer in Africa and the Middle East in the Deloitte Global Powers of Retailing survey.  It classed the Group the 107th largest retailer in the world, 41 paces ahead of its nearest rival.

2016

As at June 2016 some 76% of South Africa's total adult population – more than 29 million customers – shops at one of the Group’s supermarket brands.

During the financial year, the Group had a record 1 billion transactions in a single year (equal to 86 customers served per second) and the Group reported turnover of more than R130 billion for the year ended June 2016.

2017

Starting January, Pieter Engelbrecht, a chartered accountant by profession, became the second Chief Executive Officer in the almost 40 year history of the Group. With 20 years’ experience in the Company and fulfilling the role of Chief Operating Officer since 2005, he took over from long-serving retail giant, Whitey Basson, who now serves on the Shoprite Holdings board as Non-Executive Vice-Chairman.

A... D... has been appointed Chief Financial Officer
Published 4 months ago

BOARD (1 female, 13 males)
7%

P... C...

Chief Executive Officer
Effective 1 year ago

Appointed to the board 13 years ago
SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing

Chief Operating Officer
2005 - 2016

SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Chief Executive Officer
Effective 1 year ago

Appointed to the board 13 years ago

Alternate Director
2005 - 2016
24 relationships

C... H...

Non-Executive Chairman
Effective 27 years ago
INVICTA HOLDINGS
South Africa - Conglomerates
Non-Executive Chairman
Appointed to the board 12 years ago


SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Non-Executive Chairman
Effective 27 years ago


STEINHOFF INTERNATIONAL HOLDINGS
South Africa - Conglomerates
Non-Executive Chairman
Left 8 months ago

Appointed to the board 5 years ago


PALLINGHURST RESOURCES
South Africa - Mining & Minerals
Non-Executive Director
Appointed to the board 5 years ago


TRADEHOLD
South Africa - Holdings & Investments
Non-Executive Chairman
Effective 4 years ago

Appointed to the board 17 years ago

Director
2000 - 2014

AFRICAN DAWN CAPITAL
AFDAWN
South Africa - Financial Services
Independent Non Executive Chairman
2012 - 2013

PSG GROUP
South Africa - Holdings & Investments
Director
2007 - 2012

KWV INTERNATIONAL
South Africa - Beverages & Wines
Non-Executive Director
Unknown - 2009

PEPKOR
South Africa - Retail | Fashion & Cosmetics
Chairman
1981 - 2004
70 relationships

A... D...

Chief Financial Officer
Effective 1 month ago
RESILIENT AFRICA
South Africa - Property & Real Estate
Director
Ongoing


SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Chief Financial Officer
Effective 1 month ago

Acting Chief Financial Officer
2018 - 2018
Deputy General Manager, Finance
2016 - 2018
25 relationships

J... A...

Chief Digital Officer
Effective 1 year ago

Appointed to the board 13 years ago
SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing


SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Chief Digital Officer
Effective 1 year ago

Appointed to the board 13 years ago

Alternate Director
2005 - 2016

HUNGRY LION
South Africa - Food & Catering
Managing Director
Unknown - 2016
24 relationships

E... C...

Lead Independent Non-Executive Director
Effective 2 years ago

Appointed to the board 8 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Lead Independent Non-Executive Director
Effective 2 years ago

Appointed to the board 8 years ago

Independent Non-Executive Director
2010 - 2015 (Appointed to the board in 2010)

TRANSNET
South Africa - Freight, Shipping & Logistics
Non-Executive Director
Effective 3 months ago

53 relationships

C... G...

Non-Executive Director
Effective 1 year ago

Appointed to the board 25 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Non-Executive Director
Effective 1 year ago

Appointed to the board 25 years ago

Deputy Managing Director
2014 - 2017 (Appointed to the board in 1993)
Financial Director
1993 - 2014

SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing

24 relationships

B... H...

Executive Director, Retail Operations, Mauritius, Madagascar, Mozambique And International Sourcing
Appointed to the board 16 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Executive Director, Retail Operations, Mauritius, Madagascar, Mozambique And International Sourcing
Appointed to the board 16 years ago


SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing

24 relationships

E... N...

General Manager, Retail Investments
Appointed to the board 13 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
General Manager, Retail Investments
Appointed to the board 13 years ago


SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing


ZAR X
South Africa - Financial Services
Chief Executive Officer
Effective 4 years ago

29 relationships

J... F...

Independent Non-Executive Director
Appointed to the board 4 years ago

J... F...

Independent Non-Executive Director
Appointed to the board 6 years ago

J... L...

Independent Non-Executive Director
Appointed to the board 27 years ago

A... T...

Independent Non-Executive Director
Appointed to the board 6 years ago
JASCO ELECTRONICS HOLDINGS
South Africa - Technology & IT
Non-Executive Chairman
Appointed to the board 15 years ago

Non-Executive Director
2003 - Unknown (Appointed to the board in 2003)

SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Independent Non-Executive Director
Appointed to the board 6 years ago


ADCOCK INGRAM HOLDINGS
South Africa - Health & Medical
Non-Executive Director
Appointed to the board 4 years ago

Non-Executive Director
2010 - Unknown (Appointed to the board in 2010)

COMMUNITY INVESTMENT HOLDINGS
CIH
South Africa - Holdings & Investments
Executive Chairman
Effective 16 years ago


REBOSIS PROPERTY FUND
South Africa - Property & Real Estate
Independent Non-Executive Chairman
Effective 7 years ago


AFROCENTRIC INVESTMENT CORPORATION
South Africa - Holdings & Investments
Non-Executive Chairman
Effective 5 years ago

Appointed to the board 8 years ago

Interim Chief Executive Officer
2015 - 2016
85 relationships

J... A...

Independent Non-Executive Director
Appointed to the board 6 years ago

J... D...

Alternate Non-Executive Director
Appointed to the board 13 years ago
INVICTA HOLDINGS
South Africa - Conglomerates
Non-Executive Director
Appointed to the board 8 years ago


SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Alternate Non-Executive Director
Appointed to the board 13 years ago


FAIRVEST PROPERTY HOLDINGS
South Africa - Property & Real Estate
Independent Non-Executive Director
Ongoing


STEINHOFF INTERNATIONAL HOLDINGS
South Africa - Conglomerates
Non-Executive Director
Left 8 months ago

Appointed to the board 2 years ago


TEXTON PROPERTY FUND
South Africa - Property & Real Estate
Non-Executive Director
Effective 2 years ago


STEINHOFF AFRICA RETAIL
STAR
South Africa - Retail | Consumer Goods
Non-Executive Director
Ongoing


TRADEHOLD
South Africa - Holdings & Investments
Director
2010 - 2014
86 relationships

Left the company less than a year ago

J... W...

Non-Executive Vice Chairman
Left 10 months ago

Appointed to the board 39 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Non-Executive Vice Chairman
Left 10 months ago

Appointed to the board 39 years ago

Chief Executive Officer
1979 - 2016

CLOVER INDUSTRIES
South Africa - Food & Catering
Independent Non-Executive Director
Effective 7 months ago


SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Managing Director
Unknown - 2016
30 relationships

M... B...

Chief Financial Officer
Left 2 months ago

Appointed to the board 13 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Chief Financial Officer
Left 2 months ago

Appointed to the board 13 years ago

Executive Alternate Director
2005 - 2014

SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Ongoing

24 relationships

B... R...

General Manager, Product Development
Left 1 year ago

Appointed to the board 21 years ago
SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
General Manager, Product Development
Left 1 year ago

Appointed to the board 21 years ago


SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Director
Left 1 year ago

24 relationships
MANAGEMENT

N... S...

Marketing Director
Effective 10 years ago
SHOPRITE CHECKERS
South Africa - Retail | Consumer Goods
Marketing Director
Effective 10 years ago


SHOPRITE HOLDINGS
South Africa - Retail | Consumer Goods
Marketing Director
Effective 10 years ago

24 relationships



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