Shoprite Holdings Ltd Stock

Shoprite Holdings Limited, through its subsidiaries, engages in the fast moving consumer goods (FMCG) retail operations in the African continent. Its primary business is food retailing to consumers of all income levels.

Segments

The company is organized into two main business segments: Supermarkets (including fresh produce and franchise) and Furniture (including related insurance).

Subsidiaries

Shoprite Checkers (Pty) Ltd.

Supermarkets: The company offers grocery, perishable, fruit and vegetables, meat markets, delicatessen, fast foods, non-food, liquor store, pharmacies and money market activities, trading through Shoprite, Shoprite Hyper, Checkers, Checkers Hyper and Usave in South Africa, Namibia, Lesotho, Swaziland, and Mauritius.

Franchise: The company operates supermarket franchise business which encompasses three formats – OK Foods, OK Grocer, and OK Minimark in South Africa, Namibia, and Botswana.

Properties: The company owns property strategically situated for its business in South Africa.

Distribution: The company distributes groceries and nonfood merchandise to its supermarket chains nationally an internationally and fresh produce to its supermarkets in South Africa.

Furniture: The company engages in the retail of furniture through OK Furniture, OK Power Express and House, and Home.

Shoprite International Ltd

The company controls the retailing activities and owns strategically situated properties outside South Africa.

Joint Ventures

The company holds directly the following interests in joint ventures: Hungry Lion Fast Foods (Pty) Ltd and Hungry Lion Mauritius Ltd.

History

Shoprite Holdings Limited was founded in 1979.