The South African retailer that has opened 43 new stores every year for the past seven years

• Boxer has guided for capital expenditure of R1.1 billion to achieve its goal of opening 60 new stores in the 2027 financial year.
• The retailer has opened 24 new stores – 9 superstores and 15 liquor stores since the interim period ended in August 2026, bringing its footprint to 600 stores.
• Boxer has recorded a -2.4% selling price inflation in the first half of the 2027 financial year, as the retailer absorbed higher costs to keep prices low.