Tag: Shoprite
Shoprite Plans Exits from Uganda and Madagascar
Shoprite says it will exit Uganda and Madagascar to focus on the South African market. The South African retailer already closed shop ...Shoprite Exits Kenyan After KSh3bn Loss, to Affect Seven Employees
South African retailer Shoprite will exit the Kenyan market within January citing strategic irrelevance of the business. The retailer posted record losses ...Shoprite Scales Down Kenya Operations Says Market “Underperforming”
South African retailer Shoprite is downsizing its operations in Kenya and plans to close or dispose off its remaining stores as the ...Shoprite to Shut down Mombasa Branch Affecting 115 Workers
In 2018, South Africa’s Shoprite (JSE: SHP) opened its doors in the Kenyan market to strengthen its position in East Africa, however, ...South African Retailer ShopRite to Sell Majority Stake in Nigeria
South Africa’s retailer, ShopRite, has said it is considering a sale of “all or a majority stake” of its Nigerian subsidiary. It ...Shoprite Waterfront Karen Outlet to Close, Laying Off 104 Employees
South African retailer Shoprite is the latest retailer in Kenya to announce laying off of its 100 staff and the closure of ...
