Shoprite's 2023 financial report shows sales growth despite the continuous power outages.
According to Engelbrecht, the Shoprite group has spent R1.3 billion on diesel so it can run generators in stores during periods of load shedding.
“Similarly, our profit growth would also have resulted in a higher Shoprite Employee Trust distribution for our employees.”Government working to help small businesses with load shedding, but Gordhan won’t say howHowever, Shoprite’s core supermarkets saw a 17.8% sales growth, which Engelbrecht attributed to the group’s multi-year transformation strategy.Meanwhile, Checkers and Checkers Hyper yielded 18% sales growth.
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