Tag Archives: Shoprite

Johannesburg, South Africa | AFP |  South African retail firms Steinhoff International and Shoprite Holdings announced Monday they had scrapped plans to merge their local assets to form the continent’s biggest retailer. The plan announced in December 2016 was geared to create a discount retailer worth over $14 billion to …

South Africa’s Steinhoff and Shoprite to form retail giant Johannesburg, South Africa | AFP |  South African retail giants Steinhoff International and supermarket group Shoprite Holding Wednesday said they were in talks to merge their African operations to form a single company worth over $14 billion. The companies said in …