|Title||Start date||End date|
|ShopRite Weekly Ad||04/18/2021||08/28/2021|
|ShopRite Weekly Ad||05/02/2021||05/08/2021|
|ShopRite Weekly Ad||03/28/2021||04/24/2021|
|ShopRite Weekly Ad||04/04/2021||04/17/2021|
ShopRite is one of the largest retailers in Africa; they concentrate mainly on consumables. With more than 2,800 stores, they provide employment for more than 150,000 people in Africa. They have branches in 14 countries in the continent of Africa, supervised with a headquarter in Brackenfell, South Africa.
This corporation is listed in the Johannesburg stock exchange platform as a publicly traded company. Founded in the year 1979, they began expansion in 1990 by opening up a store in Namibia. In 1995, their first store was opened in Lusaka, Zambia.
One of the factors that contributed to their growth was the purchase of a centralized distribution chain called Sentra. This was their first step into franchising because Sentra was already in charge of over 500 supermarkets, this helped extend the reach to what it is today.
Shop rite was added to the list of top 40 franchises and corporations in the year 2008. In the year 2019, they were nominated for the "Proudly South African Brand Award" which they won.
They were also voted; best in the grocery store category of the "Sunday Times Top Brand Survey '' not just in Africa, but all over the world. In October 2016, the CEO; Whitey Basson made a decision to retire.
Under his management, the corporation had experienced exponential growth, progress and success. The board of directors appointed a Peter Engelbrecht who was the former acting COO to the office of the new CEO of the corporation in January 2017. He played a huge role in the company's growth till today.
What most people did not know is that his decisions were greatly influenced by the former CEO; Whitey Basson.
Last recorded in 2021, Shoprite has over 150,000 employees who work in their stores all over Africa.