{"id":809025,"date":"2025-01-28T12:02:24","date_gmt":"2025-01-28T10:02:24","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=809025"},"modified":"2025-01-28T12:05:46","modified_gmt":"2025-01-28T10:05:46","slug":"new-era-for-checkers-sixty60-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/809025\/new-era-for-checkers-sixty60-in-south-africa\/","title":{"rendered":"New era for Checkers Sixty60 in South Africa"},"content":{"rendered":"\n

Shoprite continues to see strong sales growth, with the company now taking over full control of Checkers Sixty60 deliveries in the country.<\/p>\n\n\n\n

In an operational update for the six months ended 29 December 2024, the Shoprite Group increased the sale of merchandise from continuing operations by 9.6% to R128.6 billion, excluding its furniture business held for sale. <\/p>\n\n\n\n

The group’s core business, Supermarkets RSA, contributed 83.7% to group sales, which achieved sales growth of 10.4%. <\/p>\n\n\n\n

Like-for-like sales growth for the period reached 6.1%. <\/p>\n\n\n\n

Checkers and Checkers Hyper, including Checkers Sixty60, saw sales growth of 13.5%.<\/p>\n\n\n\n

Checkers Sixty60’s sales growth increased by 47.1% over the six months. <\/p>\n\n\n\n

Shoprite also announced that it has purchased the remaining 50% shareholding in Pingo Delivery, the group\u2019s last-mile logistics provider. Sixty60 drivers are employed by Pingo. <\/p>\n\n\n\n

Following the purchase, the Shoprite group has assumed responsibility for both the sale of merchandise and delivery to the client. <\/p>\n\n\n\n

As a result, the delivery income and the Xtra Savings Plus subscription income together with the related
delivery expenses are now included as part of a sale of merchandise and cost of sales respectively. <\/p>\n\n\n\n

Returning to the results, Shoprite and Usave reported sales growth of 6.7%. <\/p>\n\n\n\n

Shoprite and Checkers LiquorShop also saw sales increase by 12.2%.<\/p>\n\n\n\n

Supermarkets RSA opened a net 248 stores over the last year, taking the total 2 485 stores. <\/p>\n\n\n\n

Of the net new openings, 30 were Shoprite, 28 Usave, 34 Checkers and 80 LiquorShop stores. <\/p>\n\n\n\n

The remaining 76 stores were new format, with Petshop Science adding 53 new stores, Checkers Outdoor adding 11 new stores; Uniq clothing by Checkers adding 11 new stores and Little Me opening one new store. <\/p>\n\n\n\n

Other segments<\/h2>\n\n\n\n

Supermarkets Non-RSA saw sales increase by 4.1% in rand terms excluding hyperinflation.<\/p>\n\n\n\n

This equates to an 8.6% contribution to group sales. In constant currency, Supermarkets Non-RSA increased sales by 17.9%.<\/p>\n\n\n\n

The segment’s store base also increased by a net 10 stores to a total of 269 stores operating in nine countries. <\/p>\n\n\n\n

Looking elsewhere, the group\u2019s Other operating segments, which include OK Franchise, Transpharm, Medirite Pharmacies and more, saw sales growth of 6.2%. <\/p>\n\n\n\n

The group’s sales to its OK Franchise operation increased by 8.8%, while its store base increased by a net 18 stores over the last year to end the period with 623 stores. <\/p>\n\n\n\n

In September, Shoprite signed an agreement to sell its furniture business including the OK Furniture and House and Home brands (excluding Angola and Mozambique operations) to Pepkor. <\/p>\n\n\n\n

The agreement is still pending the fulfilment of the conditions precedent which includes Competition Commission approval.<\/p>\n\n\n\n

The group believes that it is highly probable that these furniture operations will be disposed of and consequently they have been classified as discontinued operations. <\/p>\n\n\n\n

Shoprite Holding will release its results for the 2025 interim results on Tuesday, 4 March 2025. <\/p>\n\n\n

\n
\"\"<\/a><\/figure><\/div>","protected":false},"excerpt":{"rendered":"

Shoprite continues to see sales growth, with its sales for the final six months of 2024 hitting over R128 billion. <\/p>\n","protected":false},"author":95,"featured_media":798453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[5223,21566,7520,17414],"class_list":["post-809025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-checkers","tag-ok-franchise","tag-shoprite","tag-sixty60"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=809025"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809025\/revisions"}],"predecessor-version":[{"id":809039,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809025\/revisions\/809039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/798453"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=809025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=809025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=809025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}