EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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www.shopriteholdings.co.za<br />
Total Fiscal 2011 Sales: $9.9 Billion (R 72.3 Billion) +7.3%; Total Supermarket Sales: $8.3<br />
Billion (R 60.6 Billion) +9.8% in RSA, +4.5% in Non-RSA<br />
Percentage of Sales in Exclusive Brands: 10% (E)<br />
Principal Business: This 30+-year-old retailer has become the largest FMCG retail operation on<br />
the African continent. Shoprite oversees 2,196 stores (189 non-RSA) in 17 African countries. Its<br />
supermarket sales derive primarily from its core business, three supermarket chains, representing<br />
816 stores: 409 Shoprite (78 Non RSA), 223 U$ave no frills stores (34 non RSA), and 184<br />
Checkers (4 non RSA). Checkers addresses higher income consumers with specialized product<br />
ranges and includes 26 hypermarkets. Its other chains include three furniture chains: 232 OK<br />
Furniture stores (27 non-RSA), 18 OK Power Express smaller format stores (1 non-RSA), and 50<br />
House & Home outlets, selling furniture, appliances, home entertainment, and floor covering (2<br />
non-RSA), and its OK Franchise Division of 269 stores (43 non-RSA). The latter covers<br />
supermarkets, liquor stores and wholesale outlets: OK Foods, OK Garocer, OK Minimark, OK<br />
Value, Sentra, Megasave, and Enjoy. The retailer also manages MediRite pharmacies/wholesale<br />
business: 121 (1 non-RSA) which is South Africa’s second largest pharmacy chain.<br />
EB Identities: Ritebrand, Steakhouse Classic, Championship Boerewors, Checkers, etc.<br />
EB skus: 800+<br />
Profile: With the country in a fragile stage of recovery unemployment is still pegged at 25.7%--the<br />
highest of 61 countries tracked by international agencies. Shoprite did post higher earnings up by<br />
12% to Rand 2.6 billion. During the year, the firm introduced in-store MediRite pharmacies,<br />
bringing the count to 121 outlets, plus liquor outlets, called Liquor Shop, also with a count totaling<br />
120. Shoprite plans to continue expanding, in 2011 into the Democratic Republic of Congo and<br />
looking toward Nigeria, Angola, Botswana, Ghana, Madagascar and Uganda. Its U$ave stores are<br />
earmarked for expansion into Zambia. The economy weighed heavily on its furniture business<br />
(sales up only 4%), helped by the opening of 20 new stores, bringing the total count to 300 (30<br />
outside Africa). Meantime, Shoprite is carefully watching US-based Walmart’s entry into South<br />
Africa with its recent purchase of a 51% stake in the $7.2 billion Massmart Holdings business.<br />
Procurement Contacts: B.R. Weyers, General Manager, Marketing & Product Development<br />
SHUFERSAL LTD. (53% owned by IDB Group)<br />
30 Shmotkin Benyamin Street, Rishon Le-Zion 75363, ISRAEL<br />
Tel: +972 3-9481727