Shoprite, Backed By South African Billionaire Christo Wiese, Posts 6.8 Billion In Half-year Sales
- Shoprite's total sales rose 9.5 in H1 2025, driven by strong performance across Supermarkets RSA, Checkers Sixty60, and LiquorShop.
- Shoprite added 248 South African stores in 2024, expanding brands like Petshop Science and Uniq clothing, bringing its total to 2,485 stores.
- Shoprite acquired full control of Pingo Delivery and plans to sell its furniture division to Pepkor, refocusing on core retail and e-commerce services.
Shoprite Holdings, Africas largest retailer and partly owned by South African billionaire Christo Wiese, reported a significant rise in total sales during the first six months of its 2025 fiscal year, surpassing 6.8 billion. The growth reflects strong merchandise sales across its various business segments.
According to its operational update for the six months ending Dec. 29, 2024 , merchandise salesexcluding the impact of hyperinflation in Ghanarose by 9.5 percent. This increase pushed sales from R117.4 billion 6.23 billion in the same period last year to R128.6 billion 6.84 billion, showcasing resilience despite operational restructuring and challenging economic conditions.
Shoprite sales rise across regionsThe groups South African supermarket division, Supermarkets RSA, which accounts for 83.7 percent of total revenue, recorded a 10.4 percent increase in sales, reaching R107.7 billion 5.7 billion. Same-store sales grew by 6.1 percent, aided by a much lower average internal selling price inflation of 1.9 percent, down sharply from 7.7 percent in the first half of 2024.
Checkers and Checkers Hyper, including its popular on-demand delivery service Checkers Sixty60, posted a strong 13.5 percent sales increase, with Sixty60s online sales skyrocketing by 47.1 percent. Meanwhile, Shoprite and Usave outlets saw a 6.7 percent sales increase, and LiquorShop sales jumped by 12.2 percent.
Outside of South Africa, the Supermarkets Non-RSA division, contributing 8.6 percent of total revenue, achieved a 4.1 percent sales increase in rand terms. When adjusted for constant currency, sales rose by 17.9 percent. The division also added 10 new stores, bringing its footprint to 269 outlets across nine countries.