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ConsumerGeniuses

ConsumerGeniuses

Shoprite, a South African grocery store, experienced a 20.3% increase in annual earnings. The “annual headline earnings per share (HEPS)” of the grocery store increased up to 956.3 cents. In thirteen African countries, Shoprite has more than 2800 stores and plans to grab Madagascar and Uganda’s markets this year. Sales in the group of general merchandise alone rose by 8.1% due to significant grocery sales.

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