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Great updates from Shoprite and horrible numbers from Massmart carry nearly the same certainty as death and taxes these days. Retail is a difficult game where small mistakes can become huge disasters later on. It becomes extremely difficult once you are on the back foot.
Checkers and Checkers Hyper saw sales grow by more than 11%.
First-half profit surges over 25%, as group sees double-digit increase in sales despite impact of the July unrest in KwaZulu-Natal and parts of Gauteng.
Retailer Shopritesays it generated an additional R8.3 billion in sales versus the corresponding period to increase sales by 10.0% to R91.1 billion for the 26…
Shoprite Holdings Limited (OTCMKTS:SRGHY – Get Rating) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 35,500 shares, an increase of 49.2% from the January 31st total of 23,800 shares. Based on an average daily trading volume, of 11,600 shares, […]