Shoprite Group’s Checkers Sixty60 on-demand delivery service has maintained its leading position in the South African market, showcasing an impressive 58.1% growth in the 2024 financial year, as reported on Tuesday.
Checkers and Checkers Hyper reported sales growth of 12.3% with online sales from our Checkers Sixty60 on-demand platform increasing by 58.1%..
Shoprite and Usave reported sales growth of 10.7% and LiquorShop sales increased by 20%.
Shoprite also reported that supermarkets RSA opened a net 201 stores versus 301 stores in 2023 including
the stores acquired from Massmart) during the year to total 2 322 stores. Of these net new openings, 20 were Shoprite, 22 Usave, 25 Checkers and 71 LiquorShop stores. The remaining 63 were new format, adjacent category specialist stores (Petshop Science added 33 new stores to total 86 stores; Checkers Outdoor added 14 new stores to total 22 stores; UNIQ clothing by Checkers added 13 new stores to total 22 stores and Little Me opened three new stores to total 12 stores).
The Shoprite Group’s core business, Supermarkets RSA, achieved sales growth of 12.3%, contributing 81.0% to Group sales.
“This growth is reported against the prior year period in which sales increased by 17.8%. – Unlike our first half period sales growth which included the stores acquired from Massmart Holdings Ltd (“Massmart”) and reported against a base in which they were not included, our second half sales growth of 10.1% was achieved with the acquired stores (51 Shoprite, one Usave and 40 Shoprite LiquorShop stores) included in our prior year base.”
Furniture
Shoprite’s Furniture segment, contributing 3.0% to Group sales, reported a 2.3% increase in sales for the year (like-for-like sales increased by 2.0%).
The segment’s store base decreased by a net four stores to end the year with 430 stores.
The group’s other operating segments comprises OK Franchise, Transpharm, Medirite, Red Star Wholesale Catering Services and Computicket.
The segment reported sales growth of 21.1% for the period, representing 7.4% of group sales.
Sales to the group’s OK Franchise business increased by 23.8%. After opening a net 73 stores (2023: 22 stores) the OK Franchise division ended the year with 608 stores.
“The Group opened seven Medirite Plus standalone drug stores during the period to end the year with 13 stores in this new format, not including the 126 Medirite in-store pharmacies located within our core South African supermarkets business.”
