Page 11 - Checkers Hyper News Today

Spar shares fall despite the group’s positive trading update By Sandile Mchunu Share The Spar Group, yesterday flagged that the ban on alcohol sales and transportation hampered its performance during the 18 weeks to end January 29. Spar said its liquor sales fell after President Cyril Ramaphosa moved the country to level 3 of the national lockdown on December 28 to control the surge of Covid-19 infections. The group saw its shares falling 6 percent on the JSE yesterday, despite a near doub...

For the first time since 2016, Shoprite’s furniture business has emerged as a bigger sales driver than its core supermarket operations (food and other consumer goods). In 2016, Whitey Basson was still at the helm of Shoprite, and regulations around issuing credit to consumers hadn’t been tightened, allowing SA retailers to easily throw debt at consumers to purchase furniture and other big-ticket home items. Over this period, Shoprite recorded annual growth in furniture sales of 15.3% while ...

Traditionally the mega malls have been home to the group’s larger-format Checkers Hyper stores, which historically included the House & Home furniture section. But Checkers has adapted to changes in the market, with a greater focus on fresh food and smaller destination stores that include pizza and sushi bars. The new Checkers store at Hyprop’s Rosebank Mall even has an in-store Starbucks café, while the outlet at Liberty Two Degrees’ flagship Sandton City shopping centre rec...

Compared with the same period a year ago.

Adjusted basic headline earnings per share (HEPS) — the main measure of corporate profit in South Africa — will be between 400.1 cents ($0.2762) and 435.7 cents, the company said, driven mainly by sales in its local market.

Photo: Netwerk24 Food and furniture retailer Shoprite said liquor sales declined by 21.8% due to Covid-19 nationwide lockdown regulations with outlets closed for a total of 79 days over six months. The group released a trading update for the six months ended 27 December 2020 on Monday where it was also announced that the group incurred Covid-19 related costs which amounted to approximately R180.1 million. "The groups LiquorShop business was required to close for trade on Fr...

Shoprite shares climb as the retailer delivers growth Operational update for the six months ended 27 December 2020 For the six months to 27 December 2020 the Shoprite Group increased total sale of merchandise by 4.7% to approximately R83.4bn. Excluding the impact of the closure of the RSA LiquorShop business due to COVID-19 lockdown regulations, the Group increased total sale of merchandise by 6.3%. The following information provides context to the overall sales growth: Supermarkets RSA The Gro...

Shoprite Holdings Ltd said on Monday its profits for the half year that ended Dec. 27 will be higher by between 12.5% and 22.5% compared with the same period a year ago.

Shoprite Holdings Ltd said on Monday its profits for the half year that ended Dec. 27 will be higher by between 12.5% and 22.5% compared with the same period a year ago.

Entrepreneur turns her darkest despair into a successful organic solutions company By Given Majola Share DURBAN - OVER a decade ago, Relebohile Moeng was retrenched. At that time, her two sons, now aged 15 and 13, were still toddlers. It was a dark time in her life. Moeng, now 40, who grew up in Benoni, Crystal Park in the East Rand of Gauteng, had also been involved in an accident that left her with more than 150 stitches in her face. It was while she was looking for a more affordable solutio...