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Shoprite execs will be staring in disbelief at this one number

Summary by Ground News
Pick n Pay and Boxer added a net 32 supermarkets in the six months to August. Shoprite added more than five times as many supermarkets. Boxer is doing fine, albeit with a store rollout that is more than 25% behind the level it had targeted just nine months ago. The giant problem facing the controlling Ackerman family is the core Pick n Pay brand.
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Shoprite execs will be staring in disbelief at this one number

The group is stealing an unassailable march on its largest competitor, Pick n Pay.

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Moneyweb broke the news in on Wednesday, November 15, 2023.
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