Supermarket chain Shoprite said it has received 22 months of uninterrupted market share gains, showing that even with the Covid-19 disruption and subdued consumer spending, the group’s position in the market is unshaken.
Africa’s largest retailer said on Tuesday that group sales grew by 4.7% to approximately R83.4 billion for the six months to 27 December 2020.
The group said its Supermarkets RSA business – which comprises the Shoprite, Usave, Checkers and Checkers Hyper banners – have not only achieved 22 months of uninterrupted market share gains, but also created a total of 4 305 new jobs during the period.
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