Finance · South Africa
Shoprite Sales Soar to R136.8bn Thanks to Online Growth and Store Expansion
Moneyweb · 2026/02/02
Summary
Shoprite, one of South Africa's leading supermarket chains, has shown strong growth despite a challenging economy. The company reported sales of R136.8 billion, driven by the success of its Checkers Sixty60 online delivery service and a push to open more stores. These efforts helped Shoprite increase its share of the market even though prices dropped internally due to deflation. The convenience of online shopping with Checkers Sixty60 has attracted more customers, while the expanded store network has made their products more accessible in various areas. Shoprite's ability to grow sales in a slow market shows its strength and smart business strategy.
OnABudget takeaway: Consumers benefit from more affordable prices and convenient shopping options, while small business owners can learn from Shoprite's strategy to grow through innovation and expansion despite tough market conditions.