Shoprite grows 8% in Q1 as price inflation drops to near zero
BizNewsยท2025-11-10 10:53
Shoprite Holdings Limited reported robust operational results for the first quarter ended September 2025, with Group sales increasing by 8.0%. The core Supermarkets RSA segment grew sales by 7.9%, maintaining significant market superiority by outperforming rest-of-market growth by a factor of 1.7x (as measured by NielsenIQ).A key highlight was the dramatic reduction in selling price inflation within Supermarkets RSA, which dropped to 1.4% for the quarter. This figure stands in notable divergence from the 5. ...