Checkers Sixty60 Still Pumping, But Sales Growth Is Slowing

While still representing robust growth for the e-commerce platform, it does mark a slowdown in sales from a year ago, when year-on-year growth was 63.1.

Perhaps of more concern to Shoprite is that the growth at Sixty60 is now below the most recent growth numbers reported by Pick n Pay asap! on-demand delivery service, which in the 26 weeks ended 25 August 2024 saw a 60.6 improvement in sales, albeit likely off a smaller revenue base.

As Checkers Sixty60 grows in size, maintaining the high growth rates seen in the past will become more difficult, especially as competition from rivals like Pick n Pay intensifies.

Year on year, Checkers increased the number of stores it uses to service Sixty60 customers from 505 to 601.

Shoprite doesn't disclose Checkers Sixty60 sales numbers, but it said they remain less than 10 of the group's consolidated sale of merchandise, suggesting there's still plenty of room for growth.