In a trading update, Shoprite reported that its sales for the six months to 27 December rose by almost 5% to R83.4 billion.
Its South African sales – which represent almost 80% of total sales – rose by 5.6%. Checkers and Checkers Hyper reported sales growth of 11.1%.
Its LiquorShop business’ sales declined by almost 22% after the shops were forced to close due to alcohol sales restrictions in lockdown.
Shoprite’s share price rose by half a percent to R145.02.
Business Insider SA
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