Shoprite Holdings reported a positive group performance, achieving a total sales of around R215 bn (USD$12.2 bn), with like-for-like (LFL) sales growing by 16.9% compared to a full financial year ended on 2 July 2022. South Africa region (RSA) supermarkets performance Supermarkets RSA, being the core business of Shoprite, achieved a sales growth of 17.8% (LFL 10.3%), which accounted for 80....

Pick n Pay has introduced two new coffee ranges under its private labels. It expanded the Premium Crafted Collection with new coffee options, and launched an exclusive coffee private label known as The Roastery Premium Crafted Collection by Pick n Pay. Increasing demand for coffee consumption at home Pick n Pay claimed that the sales of coffee plungers and machines in South Africa have grow...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Don’t miss our latest insights UK food-to-go market 2023-2028 Our predictions for the food-to-go market over the next five years. We examine the short and longer-term outlook for each sub-sector (coffee specialists, food-to-go specialists, QSR, convenience/forecourts and superma...