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Why store expansion has paid off for Shoprite

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Store expansion has boosted Shoprite's interim earnings. The retailer grew sales 7% with South Africa the outperformer in this regard. Sales in the domestic market grew almost 10% as the group gained market share. The company is eyeing a larger share of South Africa's premium food retail market now, while its rest of Africa operations are still impacted by currency issues. Business Day TV caught up with the company's CEO Pieter Engelbrecht
25 Feb 2020 1AM English South Africa Business · Business News

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