South African executive Pieter Engelbrecht leads Shoprite to $6.3 billion in half-year sales
Since taking the helm in January 2017, Engelbrecht has continued to enhance the legacy established by his predecessor, Whitey Basson.
Since taking the helm in January 2017, Engelbrecht has continued to enhance the legacy established by his predecessor, Whitey Basson.
Since assuming the mantle of CEO in January 2017, Engelbrecht has led Shoprite to impressive financial milestones.
The trust will directly benefit the group’s South African employees.
Shoprite Holdings Limited is South Africa’s largest food retailer and the biggest retailer in Africa.
The JV is part of a broader move by Shoprite to strengthen its e-commerce delivery capabilities in the retail segment.
Earlier, the group’s core business, Supermarkets RSA, reported an 11.6-percent increase in sales in Q1 2021.
Africa’s largest retailer has unveiled plans to integrate the subsidiaries of Walmart-owned Massmart into its operations.