Shoprite opened more stores in one year than Pick n Pay, Spar, and Woolworths combined

• Shoprite indeed opened more stores in one year than Pick n Pay, Spar, and Woolworths combined, with a net 262 new stores.
• Shoprite's operational update revealed that its group sales grew by 7.2% to R252.7 billion, driven by its core RSA Supermarkets division.
• Shoprite's strong performance is expected to lead to a 9.7-14.7% increase in headline earnings per share, as the retailer continues to expand its store network.