Shoprite sells its furniture operations to Pepkor for R3.2bn after year of strong grocery sales growth
By Edward West | Published Sep 4, 2024
Notwithstanding the deal to sell the furniture business and the reporting of relatively strong, market beating results,, Shoprite’s share price declined 5% to R297. 82 on the JSE, a large decline considering the All Share Index was down by only 0. 97% at the same time