Tag Archives: Checkers

Shoprite joins Checkers in offering Sixty60 delivery service

Shoprite Group, South Africa’s largest retailer, is set to expand its Sixty60 on-demand grocery delivery service to select Shoprite stores, targeting its lower-income customers.

This launch follows a successful pilot in Gauteng and the Western Cape and will roll out across 19 Shoprite stores in eight provinces later this month.

The Sixty60 platform, which first debuted at Checkers in 2019, has experienced a remarkable surge in popularity.

Shoprite’s decision to extend this service to its namesake stores underscores its commitment to providing convenient and affordable grocery delivery to a wider range of customers.

The rollout will be phased to ensure each new location upholds the high standards of excellence and efficiency that have become synonymous with Sixty60.

The service is already live at Shoprite’s Atlantis store in the Western Cape and its Jabulani store in Soweto, Gauteng.

The next phase of expansion will include the launch of Sixty60 in Kleinmond, Western Cape, and Ga-Nala, Mpumalanga, later this month.

Checkers Sixty60, which saw sales grow by 47.1% in the first half of 2024, now services 601 stores, up from 505 stores in the previous period.

It has become one of the key disruptors in the South African retail market, accelerating the shift to online shopping, especially post-Covid.

In a strategic move to enhance its on-demand service, Shoprite acquired an additional 50% stake in its joint venture, Pingo Delivery, on 25 October 2024.

This acquisition secures the Group’s last-mile logistics, ensuring the continued growth and reliability of Checkers Sixty60’s grocery delivery offering.

In terms of growth, Shoprite’s supermarket business saw a 6.7% increase in sales.

Over the past 12 months, the chain opened 30 new stores, bringing its total to 660 stores. During the six-month interim period, 21 new supermarkets were added to its network.

Shoprite delivers strong sales growth, expands retail reach

Shoprite Holdings on Tuesday reported a strong operational performance for the six months ended 29 December 2024, noting an increase in sales and continued growth across its diverse portfolio.

For the interim period, the group recorded a 9.6% growth in sales of merchandise from continuing operations, which totalled approximately R128.6 billion. This growth was compared to R117.4 billion in the same period in 2023. After adjusting for hyperinflation in Ghana, the group’s sales from continuing operations increased by 9.5%.

Sales Growth by Segment
The Group’s growth was driven by a strong performance in its core operations, with the following segment breakdown:

Supermarkets RSA: Contributing 83.7% of group sales, Supermarkets RSA achieved a 10.4% increase in sales, despite internal selling price inflation averaging 1.9%. Notably, online sales from Checkers Sixty60 grew by 47.1%. The Supermarkets RSA segment also opened 248 new stores, bringing the total number of stores to 2,485.

Supermarkets Non-RSA: This segment achieved a sales growth of 4.1% (excluding hyperinflation), contributing 8.6% to group sales. In constant currency, the segment saw an impressive 17.9% increase in sales. The store base grew by a net 10 stores to a total of 269 across nine countries.

The group’s diverse operations, including OK Franchise, Medirite Pharmacies, and Computicket, saw sales growth of 6.2%. The OK Franchise store base increased by 18 stores to 623, while Medirite Pharmacies opened six standalone stores, bringing the total to 17.

Shoprite continued to make strategic moves to strengthen its market position:

The group acquired the remaining 50% stake in Pingo Delivery, further integrating its last-mile logistics and enhancing its e-commerce capabilities. This acquisition is expected to drive more efficient operations and increase delivery-related sales.

And in line with its focus on core operations, Shoprite entered into an agreement to sell its furniture business, including OK Furniture and House and Home, to Pepkor Holdings. This deal is pending regulatory approval but is expected to be finalized soon. The furniture business has been classified as discontinued operations.

Africa’s largest retailer continues to expand its footprint with the opening of new stores across multiple segments. A total of 248 new stores were opened over the past 12 months, including new format stores in adjacent categories such as Petshop Science and Checkers Outdoor.

During the interim period, Shoprite repurchased shares worth R997 million, at an average share price of R289.29. The group’s weighted average shares adjusted for dilution for the period will measure 544.5 million.

The group said it remains optimistic about its outlook for the remainder of the year, fuelled by its strong operational foundation, strategic acquisitions, and the expanding footprint of its store network.

Shoprite Holdings will release its interim results for the 2025 financial year on Tuesday, 4 March 2025.