Shoprite Holdings has shown good financial performance for the year ended 2026, with the increase in merchandise sales to R270.8 billion due to the efforts of the South African retail company in attracting customers with low cost, online shopping, and expansion within its range of supermarkets.
The diluted headline earnings per share (DHEPS) for the company increased by 12.2% to 1,527.4 cents, indicating growth in earnings higher than sales despite challenges facing South African consumers.
These figures have been posted for the 52-weeks to 28 June, 2026.
Shoprite Sales Grow to R270.8bn
Sales of Shoprite’s goods in continuing operations grew from R252.7bn in the last financial year to R270.8bn.
South Africa’s core supermarket operations business continued to dominate, with sales up 7.1% to R228.7bn.
But the company attributed its growth to the increase in customer numbers rather than price hikes.
Shoprite managed to keep inflation at just 0.8%, which is far below South Africa’s food and non-alcoholic beverages inflation rate of 3.9%.
In excess of 11,500 items were sold at reduced prices compared to the same period last year, and Shoprite’s discount retail banners Shoprite and Usave experienced deflation on several staple items.
The company used this move to preserve its value proposition as many South African families struggle with living costs.
Checkers Drives Growth Forward
While Shoprite and Usave continue to focus on offering affordable pricing, Checkers drives the growth of the group in the premium segment of the South African grocery market.
Checkers and Checkers Hyper benefited from demand for fresh food, convenience items, and higher value shopping.
Comparison and contrast in brands have now been used to help Shoprite develop strategies that would aid its business. Shoprite and Usave focus on consumers who want to purchase items at the lowest prices, whereas Checkers targets consumers who are ready to pay more for convenience.
The supermarkets division now contributes to about 84.5% of the total merchandise sales by the Shoprite group.
Checkers Sixty60 Has Become a R25.5 Billion Enterprise
One of the largest success stories at Shoprite is the company’s digital commerce platform Checkers Sixty60.
This on-demand delivery platform posted revenue worth R25.5 billion, which marked a 34.5% increase for the financial year.
Sixty60 has become one of the key components of Shoprite’s strategy to blend physical and digital delivery.
This platform allows customers to buy groceries and other products without going to any supermarket, and for the Shoprite Company, this allows using its own supermarkets as a logistics advantage.
Shoprite has also integrated Sixty60 outside groceries. The addition of the Petshop Science platform, Shoprite’s specialist pet-retailing business, made the platform grow rapidly.
Shoprite Increases Number of Store Outlets and Generates Employment
For the year, Shoprite expanded its store network by a total of 232 outlets.
Expansion also helped create employment opportunities, since the company created 5,491 direct new jobs for the financial year.
The company is operating in different countries in Africa, excluding South Africa, even though its international operations are much smaller than its South African business.
Its international sales grew by 11% in rands, and its profit performance was improved by low diesel and electricity prices in Zambia.
Shoprite Makes Two Significant Entries Into New Markets
Another thing that Shoprite has done is make two major purchases which may help the company enter new markets that are not associated with superstores.
Shoprite has signed an agreement to purchase Vida e Caffè, which is an international coffee chain in South Africa, having more than 400 corporate and franchise stores.
This purchase will enable Shoprite to have a firm presence in the rapidly growing coffee, convenience and food-to-go business.
Shoprite has purchased a controlling share in R&A Cellular, which is a South African technology and payments company. The point-of-sale devices of this company are used by many informal and semi-formal retailers.
This purchase may enable Shoprite to connect with a very large network of township and rural enterprises.
These two purchases have a total value of about R1 billion.
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