This article is about the South African food distributor. For other companies with the same or similar name, see ShopRite.

Shoprite Holdings

Type	Public (JSE: SHP)
Founded	1979
Headquarters	Cape Town, South Africa
Key people	Whitey Basson, CEO
Industry	Retail
Revenue	▲23,3 billion Rand (2008)
Website	http://www.shopriteholdings.co.za/

Shoprite (JSE: SHP also listed on Namibia Stock Exchange and Lusaka Stock Exchange)^[1] is a South African based retail and fast food company. It operates over 1000 stores in 17 African countries and in India.^[1] The company makes up 70 per cent of South African retail trade.^[2]

Contents 1 History 2 Brands 3 References 4 External links

[edit] History

The company was founded in 1979 when eight stores in the Cape Town were purchased by Manuel Correia for one million Rand. The company later acquired Grand Bazaars, quadrupling its outlets. In 1991 the company acquired Checkers. The company's first store outside of South Africa was opened in 1995 in Lusaka, Zambia. That same year the company acquired distributor Sentra, allowing the company to expand into franchising.^[1] In 1997 struggling OK Bazaars was acquired by the company from South African Breweries for one rand,^[3] adding 157 supermarkets and 146 Furniture stores to the company.^[1] In 2002 the company acquired the Madagascar stores of French chain Champion. The same year the company bought three Tanzanian supermarkets from Score Supermarket and opened it first Hypermarket outside of South Africa in Mauritius. In 2004 the company opened its first store outside of Africa in Mumbai, India.^[1][2] The same year 14 stores were added with the acquisition of Foodworld, the company also bought South African ticket seller Computicket, and opened its first Liquor store.^[1] In 2005 the company opened its first Nigerian store in the Victoria Island area of Lagos.^[1][4]

[edit] Brands

The company has 1,220 store under various names. They consist of:^[5][6]

Name	Stores	Countries
Shoprite	383	Angola, Botswana, India, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
OK Furniture	180	Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland
Checkers	134	Botswana, Lesotho, Namibia, South Africa
Hungry Lion (Fast Food)	112	Botswana, Lesotho, South Africa, Swaziland, Zambia
Usave	129	Angola, Ghana, Lesotho, Malawi, Namibia, South Africa, Swaziland
House & Home	44	Namibia, South Africa
Checkers Hyper	24	South Africa
OK Power Express	13	Lesotho,South Africa

The company also owns franchising brands though its OK Franchise Division under the names OK Foods, OK Grocer, Megasave, OK Minimark, OK Value and Sentra totaling 249 stores in South Africa, Namibia, Botswana, Swaziland and Lesotho. ^[5][7]

[edit] References

1. ^ ^{a b c d e f g} "History" (HTML). Shoprite. http://www.shopriteholdings.co.za/pages/1019812640/about-our-company/history.asp. Retrieved 2008-04-25. 
2. ^ ^{a b} Peter, Anna. "African retailer Shoprite set to open first shop in Mumbai". The Hindu Business Line. http://www.thehindubusinessline.com/2004/12/14/stories/2004121402420400.htm. Retrieved 2008-04-25. 
3. ^ Klein, Marcia. "Shoprite plays role of knight in armour to struggling OK". Sunday Times (South Africa). http://www.btimes.co.za/97/1109/comp/comp5.htm. Retrieved 2008-04-25. 
4. ^ Adekunle, Tunmise (9 January 2006). "Shoprite's chances in Lagos' Congested Superstore Business" (pdf). Thisday. http://www.shoprite.co.za/files/19204235/News%20Clips/Newspapers/20060109_THISDAY_Shoprites%20chances%20in%20Lagos%20Congested%20Superstore%20Business.pdf. Retrieved 2008-04-27. 
5. ^ ^{a b} "About Us" (HTML). Shoprite. http://www.shoprite.co.za/default.asp?pageID=41800303. Retrieved 2008-04-27. 
6. ^ "Shoprite Hyper stores" (HTML). Shoprite. http://www.shoprite.co.za/default.asp?pageID=42502668. Retrieved 2008-05-07. 
7. ^ "OK Franchise" (HTML). Shoprite. http://www.shoprite.co.za/default.asp?pageID=967410812. Retrieved 2008-04-27. 

[edit] External links

• Shoprite Holdings LTD