Shoprite (South Africa)

Shoprite Holdings

Type	Public
Traded as	JSE: SHP
Industry	Retail
Founded	1979
Headquarters	Brackenfell, Cape Town, South Africa
Key people	P.C. Engelbrecht, CEO C.G. Goosen, Deputy MD C.H. Wiese, Chairman
Revenue	R130.028 billion (FY 2016)
Net income	R4.84 billion (FY 2016)
Number of employees	143,000
Subsidiaries	Checkers
Website	www.shopriteholdings.co.za

P.C. Engelbrecht, CEO
C.G. Goosen, Deputy MD

The Shoprite Group of Companies (JSE: SHP), is Africa's largest food retailer. It operates 2653 outlets in 15 countries across Africa and the Indian Ocean Islands. The company's headquarters are in the Western Cape province of South Africa. Shoprite Holdings Ltd is a public company listed on the , with secondary listings on both the Namibian and Zambian Stock Exchanges.

The Shoprite Group of companies started in 1979. In 1990 Shoprite opened in Namibia. In 1991, it acquired the national Checkers chain. In 1995 the first store in Lusaka in Zambia, was opened. That same year the company acquired distributor Sentra, allowing the company to expand into franchising.

In 1997 struggling OK Bazaars was acquired by the company from South African Breweries for one rand, adding 157 supermarkets and 146 Furniture stores to the company. In 2000 the Group opened its first supermarkets in Zimbabwe and Uganda. Two years later the company acquired the Madagascar stores of French chain Champion. The same year the company bought three Tanzanian supermarkets from Score Supermarket and opened it first Hypermarket outside of South Africa in Mauritius.

2005 the Group acquired Foodworld as well as South African ticket seller Computicket, and opened the first Shoprite LiquorShop. The company also opened its first Nigerian store in the Victoria Island area of Lagos.