Shoprite grew sales by $1 billion while cutting prices at its cheapest stores

Billionaires Africa | 01.09.2026 15:24
Shoprite sold more groceries by charging less for them. The retailer built by Christo Wiese added 18.1 billion rand to its sales in the year to June 28, about $1.12 billion at 16.13 rand to the dollar, while running outright price deflation at its two cheapest chains.