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In the aftermath of the Steinhoff collapse, Wiese reduced his holdings in Shoprite by about a third; by October 2019, he held 10.7 per cent of the company, a smaller share than the Government Employees Pension Fund, though he retained control of the board through deferred shares with special voting rights. [26] The company remained highly ...
James Wellwood "Whitey" Basson (born 8 January 1946) is a South African businessman and billionaire who was largely responsible for growing a small business called Shoprite from an 8-store chain valued at R1 million [2] into an international retail conglomerate with revenue in 2019 of R150 billion, market capitalisation of R114 billion, more than 2 300 stores and 140 000 employees across 15 ...
Shoprite Holdings Ltd (Shoprite) is Africa’s largest supermarket retailer. The company's headquarters are in Brackenfell in the Western Cape province of South Africa . Shoprite is a public company listed on the Johannesburg Stock Exchange and A2X Markets in South Africa, with secondary listings on both the Namibian and Lusaka stock exchanges.
ShopRite is an American retailers' cooperative of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania.. Based in Keasbey, New Jersey, ShopRite consists of 50 individually owned and operated affiliates with over 300 stores, all under its corporate and distribution arm, Wakefern Food Corporation.
In 1954, they purchased the business from their parents. By 1956, the market's sales had jumped from $2,000 a year to $900,000 and the brothers began expanding. Within 15 years, the two brothers had transformed their parents' "mom and pop"-style store into a modern supermarket chain consisting of 15 stores.
Checkers is a supermarket retailer owned by Shoprite that operates in Southern Africa. By 2024, Checkers had 293 Checkers and 38 Checkers Hyper operating in Botswana, South Africa, and Namibia. The supermarket chain focuses more strongly on fresh produce and offers a wider range of choice food items to a more affluent clientele.
Somen Banerjee was born in Bombay (now Mumbai), India [2] on October 8, 1946 to Bengali parents. He moved to the United States, where he operated a Mobil gas station and afterward a failed backgammon club.
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